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Electrical Equipment

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  • Europe has just three leading manufacturers of high-voltage direct current cables: Swiss engineering firm ABB, Italy's Prysmian and France's Nexans. Siemens also is a major supplier of converter station equipment. In Europe, DC cables already link Nordic countries and Britain to the continent and Mediterranean islands to mainland Spain.

  • Japan has a miserable future ahead of it without radical changes to the business climate, the former chief executive of camera and medical equipment maker Olympus has told CNBC.

  • On fears the looming tax increases and budget cuts could affect business, Eaton CEO Sandy Cutler calls on policymakers to act.