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/ 4 March 2008

SA names new nuke partners

South Africa’s advanced nuclear reactor technology programme will include United States-based Westinghouse Electric as a partner and a new shareholders’ contract is expected by the end of the month, an official said on Tuesday. South Africa is currently testing elements of the Pebble Bed Modular Reactor and wants to build 24 to 30 reactors for its own energy needs.

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/ 18 February 2008

Cheers as Toshiba nears HD DVD surrender

Investors cheered an impending end to a format war for next-generation DVDs on Monday, pushing up shares of both Toshiba, on the verge of abandoning its HD DVD discs, and Sony, the leader of the rival Blu-ray camp. Toshiba shares jumped 5,1% as analysts praised its decision to cut its losses.