Tag - westinghouse

 
 

WESTINGHOUSE

Japan Times
BUSINESS / Companies
Jan 12, 2017
Toshiba may face still heavier losses in U.S. nuclear business: source
Toshiba Corp. anticipates that total losses at its nuclear business in the United States could be larger than earlier stated due to a write-down at its subsidiary Westinghouse Electric Co., a source familiar with the matter said Wednesday.
JAPAN
Sep 30, 2016
Toshiba says uranium built up beyond company limit at U.S. plant
Toshiba Corp. said Thursday a buildup of material found inside a plant of its U.S. unit, Westinghouse Electric Co., contained an amount of uranium three times higher than the facility's internally set limit.
BUSINESS
Sep 29, 2016
Hitachi, Toshiba and Mitsubishi Heavy may integrate nuclear fuel units
Hitachi Ltd., Toshiba Corp. and Mitsubishi Heavy Industries Ltd. are considering integrating their nuclear fuel businesses, sources said Thursday. The tie-up could come in the spring.
BUSINESS
Jun 8, 2016
Washington, New Delhi agree Toshiba U.S. subsidiary will build nuclear plants
The United States and India agreed Tuesday on a plan for a U.S. subsidiary of Toshiba Corp. to build six nuclear power plants in India under a bilateral nuclear pact.
Japan Times
BUSINESS
Jun 2, 2016
Westinghouse in 'advanced' talks to build six reactors in India: ambassador
Toshiba Corp.'s Westinghouse Electric and India are in "advanced discussions" for the company to build six nuclear reactors there, the country's ambassador to the United States said on Wednesday, ahead of India Prime Minister Narendra Modi's planned visit to Washington next week.
BUSINESS / Companies
Apr 22, 2016
Toshiba faces ¥300 billion loss over Westinghouse
Toshiba Corp. plans to book an impairment loss of around ¥300 billion for fiscal 2015 linked to its U.S. nuclear power subsidiary Westinghouse Electric Co., sources familiar with the matter said Friday. The loss would be larger than anticipated.
BUSINESS / Companies
Mar 18, 2016
Chinese nuclear plant moves closer to start, Westinghouse says
Westinghouse Electric Co. expects to put fuel into its first nuclear plant in China this year as it moves closer to start up and vies for a share of a market that may see $1 trillion in spending to boost production through 2050.
Japan Times
BUSINESS / Companies
Mar 17, 2016
Toshiba probe stretches to U.S. as Westinghouse accounting comes under scrutiny
Toshiba Corp. is under investigation by the United States over allegations that it hid $1.3 billion (¥146 billion) in losses at its nuclear power operations, according to two people familiar with the matter.
BUSINESS / Companies
Jan 27, 2016
Struggling Toshiba may spin off ailing Japan nuclear power business
Scandal-hit Toshiba Corp. will consider splitting off its flagging nuclear power business in Japan and rebuilding it as a separate company as part of a sweeping restructure following an accounting scandal, sources said.
Japan Times
JAPAN / Media / MEDIA MIX
Jan 16, 2016
The elephant in the room for Toshiba is nuclear
Japanese press outlets often cover scoops from competing outlets, but it's rare to build on a competitor's story with original reporting, especially when the scoop is a few years old. In December, the weekly magazine Aera, which is affiliated with the Asahi Shimbun, ran an article about a secret meeting that took place between representatives of Japan, Mongolia and the United States almost five years ago. This meeting was first reported by Haruyuki Aikawa in the May 9, 2011, issue of the Mainichi Shimbun.
Japan Times
BUSINESS / Companies
Nov 27, 2015
Toshiba claims ignorance in Westinghouse scandal
Scandal-hit Toshiba Corp. apologized Friday for not disclosing the massive impairment loss of U.S. nuclear power plant maker Westinghouse Electric Co. and vowed to be committed to more proactive information disclosure.
BUSINESS / Companies
Jul 9, 2015
Toshiba mulling sale of some Westinghouse shares
The troubled manufacturer is also arranging for its former president and current Vice Chairman Norio Sasaki to step down as a board member at an extraordinary shareholders meeting.

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