Tag «bankruptcy»

Westinghouse bankruptcy underscores meltdown of the global nuclear industry – Greenpeace

Tokyo, 29 March 2017 – The board of Westinghouse’s parent company, Toshiba, today approved the filing of Chapter 11 bankruptcy for its drowning U.S. company – a defining moment in the decades-long downward spiral of the global nuclear power industry. Toshiba/Westinghouse is responsible for building more nuclear reactors worldwide than any other entity. With the …

What will happen to Bengal?

“Dada, amader Bengal er ki hobe”? (What will happen to Bengal) ask haggard businessmen, (read Marwari businessmen) with anxiety writ large on their faces, wherever I go these days. And the reasons are not far to seek. The treasury is empty with the state hovering dangerously near bankruptcy.  The Government has walked out of the …