Business
UK nuclear power: The next Huawei? – DW (English)
Once a key part of the UK’s energy plans, nuclear power faces rising costs, cheaper renewables and domestic opposition. It also finds itself at the center of a row between London and Beijing that could prove fatal.
London’s relations with China hailed as entering a “golden era” only four years ago have deteriorated badly over Hong Kong, hitting a nadir when the UK finally bowed to US pressure to ditch Huawei’s involvement in its new-generation internet (5G) rollout.
In late 2019, the US published a list of companies linked to the Chinese military, and after Huawei came the China General Nuclear Power Group (CGN). The state-owned Chinese firm has invested 3.8 billion pounds (4.1 billion, $4.3 billion) in B…
-
Noosa News20 hours agoMin Woo Lee, Adam Scott and Cameron Smith in the mix after Australian PGA opening round in Brisbane
-
Business20 hours agoThese top ASX 200 stocks could rise 25% to 60%
-
Noosa News20 hours agoDid AI write your accounting expert’s report? – Proctor
-
Business22 hours agoThis ASX All Ords stock has more than doubled investor’s money since January. Here’s why it’s tipped to surge another 45%!