French nuclear energy giant Areva asked that trading in its shares be suspended Monday, shortly before the opening of the Paris stock exchange, the company said. Areva, which is majority owned by the French state, was expected to reveal major losses and job cuts later in the day, along with a new strategic plan to restructure its international operations. Sources told AFP last month that Areva was planning to cut at least 2,700 jobs and slash investments by 40 percent to generate at least 750 million euros ($1 billion) in annual savings by 2015. Areva and the government have denied French jobs will be lost and the job cuts are most likely to affect the company's operations in Germany, which has announced plans to shut all of its reactors by the end of 2022.
GMT 12:00 2018 Wednesday ,28 November
6th Gulf Intelligence Oman Energy Forum opensGMT 13:32 2018 Thursday ,22 November
Russia's Sovcomflot considers acquiring LNG-fueled shipsGMT 08:21 2018 Monday ,19 November
Russia expects new joint energy projects with VietnamGMT 09:34 2018 Sunday ,18 November
US, Japan, Australia, NZ to bring electricity to Papua New GuineaGMT 11:38 2018 Thursday ,08 November
World Bank member offers 71 mln USD for building wind power plant in JordanGMT 12:27 2018 Friday ,02 November
Proportion of renewable energy reaches 38 per cent in GermanyGMT 12:26 2018 Friday ,02 November
Proportion of renewable energy reaches 38 per cent in GermanyGMT 07:01 2018 Tuesday ,09 October
First high-level renewable energy conference to kick off in Cairo TuesdayMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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