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Business 11 May 2009 | 12:00 AM

Reports: Centrica to buy stake in British Energy for US$4.7bil

LONDON British energy firm Centrica PLC is on the brink of a deal to buy a 25 percent stake in nuclear power operator British Energy for 3.1 billion pounds (US$4.7 billion), newspapers reported Sunday.

Business 11 May 2009 | 12:00 AM

EdF, Centrica in British nuclear power deal

PARIS (AP) - Electricite de France SA said Monday it has agreed to sell a 20 percent stake in nuclear power operator British Energy to Centrica PLC, the U.K.'s largest natural gas supplier, for 2.3 billion pounds ($3.5 billion).

Business 04 Dec 2008 | 12:00 AM

EDF bids for half of Constellation

Electricite de France SA (EDF) unveiled a US$6.5bil deal to buy 50% of Constellation Energy Group's nuclear assets and some other assets in an attempt to torpedo a rival bid from Warren Buffett.

Business 03 Dec 2008 | 12:00 AM

Constellation Energy urges holders to OK merger

COLUMBUS, Ohio (AP) - Wholesale power generator Constellation Energy said Tuesday it likely would have filed for bankruptcy protection had it not received an immediate $1 billion infusion from a unit of Warren Buffett's Berkshire Hathaway Inc. as part of the unit's $4.7 billion bid to buy Constellation.

Business 01 Aug 2008 | 12:00 AM

EDF says it is not ready to buy British Energy

PARIS (AP) - Electricite de France SA said Friday that it was not ready to make a major investment in Britain, apparently throwing cold water on discussions of a buyout of British Energy.

Business 25 May 2008 | 12:00 AM

Suez in 'exclusivity agreement' with Italy's Eni

PARIS (AP) - French utility Suez SA says it has chosen Italy's Eni as the preferred bidder for its Belgian unit Distrigas.

World 19 Mar 2008 | 12:00 AM

Salt could shake up world energy supply

TOFTE, Norway (Reuters) - Only up to powering light bulbs so far,

Business 26 Feb 2006 | 12:00 AM

French PM announces Suez and GDF merger plan

Prime Minister Dominique de Villepin on Saturday announced plans for a merger between energy and utilities company Suez SA and Gaz de France. The move would block a potential hostile bid from Italy's Enel SpA.

Business 14 Dec 2005 | 12:00 AM

Lower gaming revenue pulls down Tanjong Q3 profit

TANJONG plc's third-quarter net profit was dragged down by lower contribution from the gaming operations, although revenue improved during the three months.

World 26 Nov 2005 | 12:00 AM

Cold snap grips Europe, hits flights, power supply

BERLIN (Reuters) - Unusually harsh winter weather conditions gripped parts of northern Europe on Saturday, leading to power failures, cancelled flights and traffic chaos on icy highways.