French nuclear site way over budget and Barclays gets another fine - BUSINESS BULLETIN - 07/17/2013

189 views · Published 17 July 2013 · 4:42 · Indexed 10 October 2026

Channel: FRANCE 24 English · 2013 · News & Politics

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The French nuclear site at Flamanville got a new roof installed on Tuesday. A tricky manoeuvre involving one of the world's biggest cranes, but all went well. The construction of the EPR site is way over budget and behind schedule. In Argentina, Chevron has signed up to join forces with state-run oil company YPF to exploit oil reserves in Patagonia. Federal Reserve Chairman Ben Bernanke will speak in the US Congress on Wednesday and Thursday, with investors keen to see what signal he gives about the future of the Fed's monthly $85 billion bond buying programme. In company news a possible takeover of French holiday group Club Med is cleared by the stock market regulator, Yahoo's latest results disappoint and Barclays gets a huge fine of over $450 million for alleged manipulation of the energy market in California and other US states.
07/17/2013 BUSINESS BULLETIN: Flamanville, Areva, EPR, dome, Argentina, YPF, Chevron, Patagonia, Federal Reserve, Ben Bernanke, Club Med, Yahoo, Barclays
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