Iran
EU foreign policy chief Javier Solana said he will meet Iran’s chief nuclear negotiator Ali Larijani this week in New York and that key progress had been made in talks.
Orange 19th Sept 2006
British Energy
BE faces more losses as creaky generators at Hunterston and Hinkley take longer than expected to repair.
Daily Mail 19th Sept 2006
Shares of British Energy Plc, whose reactors can produce a fifth of the U.K.’s power, fell 8.7 percent after the company cut its electricity output target. The stock fell 55 pence to 580 pence a share in London today as of 8:07 a.m., valuing the utility at 3.34 billion pounds ($6.29 billion). British Energy late yesterday cut its production target by 2 terawatt-hours as it needs to carry out more inspections and repairs at its nuclear plants than it earlier expected. British Energy’s earlier output target for the financial year ending March 2007 was 61 to 63 terawatt-hours.
Bloomberg 19th Sept 2006
