Hitachi and GE in nuclear deal

The two business giants agree to build and maintain plants in Japan and the US.

    A final contract will be signed in 2007


    Hitachi said in a statement on Monday: "We aim to grow in the global nuclear power market, such as in advanced boiling-water reactors, by generating synergies with our expertise and experience."


    Meanwhile, Hitachi has completed a $4.2bn deal for Westinghouse, a nuclear power plant in the US.

    Recently France's Areva, the world's largest maker of nuclear reactors, and Japan's Mitsubishi Heavy Industries said they would co-operate in the sector.

    SOURCE: Agencies


    YOU MIGHT ALSO LIKE

    Death from above: Every Saudi coalition air raid on Yemen

    Death from above: Every Saudi coalition air raid on Yemen

    Since March 2015, Saudi Arabia and a coalition of Arab states have launched more than 19,278 air raids across Yemen.

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    How different voting systems work around the world

    How different voting systems work around the world

    Nearly two billion voters in 52 countries around the world will head to the polls this year to elect their leaders.