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Hitachi set to exit UK nuclear power project, say reports

Bloomberg Hitachi Ltd is poised to withdraw from a proposed UK nuclear power plant, according to Japan’s Mainichi newspaper, the latest blow to the troubled project and the nation’s effort to replace its aging atomic fleet. Hitachi’s board was expected to decide to exit the Wylfa nuclear power project in Wales, Mainichi reported, citing an unidentified person. Work was suspended ...

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Nigeria banks on gas-powered vehicles

Bloomberg Nigeria is counting on gas-powered vehicles to help it reduce reliance on gasoline and improve its climate credentials while easing the pangs of ending decades of an expensive fuel-subsidy regime. Energy prices have shot up sharply after the government ended subsidies and the country’s labour unions are threatening a general strike on September 28. After a 60% loss of ...

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Hong Kong offers glimpse of one Belarus future

Two unpopular leaders, two powerful backers. Pictures of Belarus leader Alexander Lukashenko beaming for the cameras, leaning in eagerly to address an impassive Russian president, evoked another pair 4,000 miles away and months earlier. Against a similar background of street unrest, Hong Kong’s Chief Executive Carrie Lam found support from China’s President Xi Jinping last year. It’s not a parallel ...

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