March 10, 2016

Core issues: resignation of finance chief hits EDF

12 minutes

EDF's finance chief has resigned over a €23 billion plan to build a nuclear plant at Hinkley Point in the UK. Thomas piquemal wanted the French state-owned company to wait before making a final investment decision. The resignation is also damaging to the image of a new reactor type that's been billed as the future of the French nuclear industry. Also in this programme:

The world's second biggest economy on shaky ground: Chinese leaders cut their annual forecast amid fresh signs of slowing growth.

Plus, a silver lining for the Japanese economy: a growing share of seniors keep punching the time clock after retirement.

...more