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

    Meet the deported nurse aiding asylum seekers at US-Mexico border

    Meet the deported nurse helping refugees at the border

    Francisco 'Panchito' Olachea drives a beat-up ambulance around Nogales, taking care of those trying to get to the US.

    The rise of Pakistan's 'burger' generation

    The rise of Pakistan's 'burger' generation

    How a homegrown burger joint pioneered a food revolution and decades later gave a young, politicised class its identity.

    'We will cut your throats': The anatomy of Greece's lynch mobs

    The brutality of Greece's racist lynch mobs

    With anti-migrant violence hitting a fever pitch, victims ask why Greek authorities have carried out so few arrests.