Investors are rushing into the relative safe haven of the bond market, causing the yield on the U.S. 10-year Treasury to plummet.Real Estateread more
President Donald Trump on Thursday directed the U.S. intelligence community to "quickly and fully cooperate" with Attorney General William Barr's investigation into the...Politicsread more
Despite a decline in global commercial real estate markets, Asia-Pacific continues to enjoy a record-breaking growth — thanks to China, according to the Global Capital Flows...Real Estateread more
The Wall Street Journal and The New York Times, citing people familiar with the deal, reported that $30 million would go to plaintiffs and $14 million would be used to pay...Entertainmentread more
TransferWise, the money transfer start-up, was valued at $3.5 billion after investors bought $292 million of shares in a secondary sale.Technologyread more
Assets under management at Swiss private bank Julius Baer rose 12% in the first four months of 2019 to a record 427 billion Swiss francs ($425.34 billion).Earningsread more
Wall Street is becoming convinced that both the White House and Beijing are willing to engage in a protracted trade war that could begin to hit consumers and slow global...Market Insiderread more
The U.S. Commerce Department said its proposed rule would amend the normal countervailing duty process to include new criteria for currency undervaluation.World Economyread more
SpaceX sent 60 satellites into space in a key first mission toward the company's own high-speed internet network.Internetread more
Zilingo founder Ankiti Bose says working as an investment analyst helped her build her near-$1 billion fashion start-up.Ditching the Corporate Liferead more
Asia Pacific markets were mostly in negative territory on Friday morning as investors remained worried over trade tensions between the United States and China.Asia Marketsread more
(Adds detail on falsification of identities)
PARIS, May 13 (Reuters) - French nuclear regulator ASN said it had launched an investigation into elements of fraud and falsification regarding nuclear safety, after receiving several warnings from whistleblowers.
Last November, the ASN launched a website where the public can highlight irregularities regarding nuclear safety, which followed a 2016 scandal over falsified manufacturing documents at former nuclear reactor maker Areva and a string of problems with weldings and components at EDF nuclear reactors. Areva is now part of state-owned utility EDF and renamed Framatome.
The ASN said in a statement on Monday that since then it had received 22 warnings and had launched an investigation into a small number of these as they had the characteristics of potential fraud cases.
It also said it had already referred four cases to the criminal court. It declined to give more details about them.
The regulator did not identify any companies involved in the investigation.
EDF - which operates the 58 nuclear reactors that generate some three quarters of French electricity - said it could not immediately comment on ASN's statement.
The ASN said that initial investigations had revealed several problems, such as the use of inappropriate materials, certain activities, such as welding, carried out by people who did not have the necessary skills, and safety controls that were either missing or executed by internal staff only.
The regulator said this could have a number of implications, such as modification of test results, falsification of the identity of staff having and the non-execution of certain operations such as the replacement of components. (Reporting by Geert De Clercq; Editing by Sudip Kar-Gupta and Jane Merriman)