- Reuters•15 hours ago
Toshiba Corp, responding to media reports, said on Friday it was not aware that its U.S. nuclear unit Westinghouse was considering filing for Chapter 11 protection from creditors - an option analysts say could jeopardise the entire group. The Nikkei business daily reported Toshiba was now looking at a potential Chapter 11 filing as one of several options for Pittsburgh-based Westinghouse, as it grapples with cost overruns at two U.S. projects that are set to result in a $6.3 billion writedown.
- Reuters - UK Focus•yesterday
Constant government intervention in Britain's energy sector has led to a complex system of subsidies and an uncompetitive market that fails to deliver low-cost and secure electricity, a report by an upper-house parliamentary committee said on Friday. Successive governments have taken measures since the early 2000s to encourage lower-carbon electricity generation, such as the closure of coal plants and subsidies for renewables and new nuclear plants, the Economic Affairs Committee report said. Power generated from fossil fuels is still cheaper than from renewables, the report said, and the average domestic electricity bill has risen 58 percent since 2003.
- Reuters - UK Focus•2 days ago
Centrica (Frankfurt: A0DK6K - news) owned British Gas, Britain's biggest energy supplier, said on Wednesday it would invest 100 million pounds ($125 million) in reduced bills and Sky (Frankfurt: 893517 - news) pay-TV packages as part of a customer reward programme. British energy firms are under pressure to improve customer service and keep retail energy bills down. British Gas said this month it would freeze prices on its standard energy tariff until August but other firms have announced price rises from March and April, prompting renewed calls for more reform of the energy market.
EDF.PA: Summary for EDF - Yahoo Finance
Electricité de France S.A. (EDF.PA)
Paris - Paris Delayed price. Currency in EUR
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|Bid||11.35 x 8000|
|Ask||11.70 x 50000|
|Day's range||8.92 - 9.14|
|52-week range||8.68 - 12.81|
|PE ratio (TTM)||7.81|
|Dividend & yield||1.10 (11.38%)|
|1y target est||N/A|