EDF partners with Areva, Chinese firms to build nuclear plant in UK

French utility company Electricite de France (EDF) would be joining forces with Areva and two Chinese nuclear firms to build a nuclear power plant in the UK.


Zimbabwe needs a USD5.3 billion investment and stable policy to boost platinum output - report

A Chamber of Mines report said with enough investment and stable mining policies, South Africa could compete with Russia for the recognition as the second largest platinum producer.

China to sell municipal bonds in efforts to wipe out local government debt

Chinese government think-tank Development Research Center had proposed a lift of the ban to sell bonds in order to reduce its local governments' USD4 trillion debt.

Office Depot-Office Max merger to get FTC approval

There would be no obstacle to the USD976 million all-stick consolidation of Office Depot and Office Max Inc as according to unnamed sources in a Wall Street Journal report, the Federal Trade Commission would be approving the merger.


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The prospects of EZChip of Israel improved as Verizon announced its latest LTE programs. The second largest chipmaker in Israel, EZchip Semiconductor Ltd, jumped to its one month high on prospects that the company would benefit from the projected capital spending of Verizon Communications Inc.
Samsung is first in the smart watch race but Apple may win it all. Samsung had beaten Apple in the smart watch race. The main issue now is that the Galaxy Gear have been tepid at best.
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