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UK gives green light to £38 bn Sizewell C nuclear plant
UK gives green light to £38 bn Sizewell C nuclear plant
Economy
by  AFP

The UK government on Tuesday gave new British nuclear power plant Sizewell C the final go-ahead, after it struck a deal with investors, in a move to bolster energy security. The UK has refocused on shoring up nuclear power since the start of the war in Ukraine, in the name of energy security and faced with a fleet of ageing power stations.

AstraZeneca says to invest $50 bn in the US
AstraZeneca says to invest $50 bn in the US
Economy
by  AFP

British pharmaceutical giant AstraZeneca said Tuesday it would invest $50 billion in the United States amid a looming deadline of ramped-up tariffs from Washington. The United States is a key market for the pharmaceutical industry, and AstraZeneca had already announced in April that it had begun transferring part of its European production to the United States.