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Utilities Nuclear Energy

  • Feb 1- Canadian uranium producer Cameco Corp said on Wednesday that Tokyo Electric Power, the operator of Japan's wrecked Fukushima nuclear plant, had scrapped its uranium supply contract with the company. Tepco's move comes amid a fall in demand for uranium that is largely a result of the Fukushima nuclear plant meltdown, which led to shutdowns of all of...

  • Containers for new nuclear fuel rod assemblies from Global Nuclear Fuel, a joint venture of General Electric Co., Toshiba Corp., and Hitachi Ltd., are moved inside the number two reactor at Exelon Corp.'s Limerick nuclear power generating station in Limerick, Pennsylvania.

    Toshiba will halt its nuclear construction ambitions after its Westinghouse unit incurred large losses, according to the WSJ.

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • TOKYO, Jan 28- Toshiba Corp Chairman Shigenori Shiga is ready to step down to take responsibility for the huge writedowns looming over the Japanese group's U.S. nuclear power unit Westinghouse Electric Co LLC, the Nikkei business daily reported. Shiga was chairman of Westinghouse when the unit booked charges of $930 million in fiscal 2012 and $390 million in...

  • CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • Jan 28- Toshiba Corp Chairman Shigenori Shiga is ready to step down to take responsibility for the huge write-downs looming over the Japanese group's U.S. nuclear power unit Westinghouse Electric Co LLC, the Nikkei business daily reported. Shiga was chairman of Westinghouse when the unit booked charges of $930 million in fiscal 2012 and $390 million in fiscal...

  • TOKYO, Jan 27- Toshiba Corp said it will sell a minority stake in its memory chip business as it urgently seeks funds to offset an imminent multi-billion dollar writedown, adding that its overseas nuclear division- the cause of its woes- was now under review. The drastic measures are set to be just some of the tough choices the Japanese conglomerate will have to take...

  • TOKYO, Jan 27- Toshiba Corp said it will sell a minority stake in its memory chip business as it urgently seeks funds to offset an imminent multi-billion dollar writedown, adding that its overseas nuclear division- the cause of its woes- was now under review. The drastic measures are set to be just some of the tough choices the Japanese conglomerate will have to take...

  • Jan 26- A plan to remove spent nuclear fuel from Tokyo Electric Power Co Holdings Inc's Fukushima Daiichi nuclear plant hit by the March 2011 tsunami has been postponed again due to delays in preparation, the Nikkei business daily reported on Thursday. Work is now set to begin in fiscal 2018 at the earliest, the Nikkei said. Removal of the spent fuel from the No. 3...

  • Members of the media at Tepco's tsunami-crippled Fukushima Daiichi nuclear power plant in Fukushima Prefecture in February 2016.

    A study found that government figures may have greatly overestimated radiation exposure among people near Fukushima.

  • PARIS, Jan 24- The board of French state-controlled utility EDF has approved compensation for the planned closure of EDF's Fessenheim nuclear plant, two sources with knowledge of the matter said on Tuesday. The deciding ballot was then cast by EDF's Chief Executive Officer Jean-Bernard Levy, the source said. Some candidates in France's April and May...

  • Former Texas Governor Rick Perry, President-elect Donald Trump's choice as Secretary of Energy

    Rick Perry addressed nuclear weapons testing, nuclear waste storage and staffing vacancies at the National Nuclear Security Administration.

  • TORONTO, Jan 18- Canada's main stock index fell on Wednesday as energy stocks weighed with a fall in oil prices and as uranium producer Cameco Corp plunged on a negative outlook. "The drop today certainly looks like an over-exaggeration to their announcement," said Michael Sprung, president at Sprung Investment Management Inc.. An interest rate cut remains on the...

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • TORONTO, Jan 18- Canada's main stock index fell on Wednesday as energy stocks weighed with a fall in oil prices and uranium producer Cameco Corp plunged on a negative outlook. Goldcorp Inc advanced 1.2 percent to C $20.01 and First Quantum Minerals Ltd rose 1.4 percent to C $17, with gold just off an eight-week high and copper steadying after a sharp fall in the...

  • TORONTO, Jan 18- Canada's main stock index slipped in early trade on Wednesday, weighed down by energy stocks as oil prices slid and by a slump in uranium miner Cameco Corp after it warned of a net loss and job cuts. The Toronto Stock Exchange's S&P/TSX composite index was down 42.55 points, or 0.28 percent, at 15,398.81 shortly after the open. Seven of its 10 main...

  • The Saskatoon, Canada- based company said it expects to report a net loss for 2016 citing asset impairments resulting from fair market assessments at the end of the year. Cameco said it plans to reduce workforce at the McArthur River, Key Lake and Cigar Lake operations by 10 percent. "The current earnings expectations do... reflect the consequences of a continued...

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • Russia very impressed with professionalism of Trump adminstration: RDIF CEO

    Kirill Dmitriev, RDIF CEO, discusses Russia's foreign relations, adding that the country's economy is surviving - despite sanctions.