Posts Tagged ‘ tokyo electric ’

Japan Nationalizes Operator of Fukushima Facility

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Tokyo Electric Power , Japan's biggest utility and owner of the devastated Fukushima nuclear plant, will be taken over by the government after the country's trade minister on Wednesday approved a $12.5 billion capital injection. (more here…)

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Japan grapples with post-tsunami suicides

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TOKYO, Japan – More than 60 people have committed suicides related to last year’s 9.0 quake and tsunami, the Japanese government says.The data comes as a family prepares to file the first lawsuit against the Tokyo Electric Power Co. over the suicide of a 58-year-old woman who set herself on fire in wake of...

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Japan takes control of TEPCO with $12.5 bn capital infusion

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TOKYO – Promising to infuse $12.5 billion capital, the Japanese government effectively took control of the Tokyo Electric Power Co. (TEPCO), a year after the utility's operations were hit following th (read more…)

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Japan to Nationalize Fukushima Utility

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A 10-year, $12.6 billion bailout plan for Tokyo Electric Power, operator of the nuclear plant damaged in the 2011 tsunami, includes replacing top executives and board members. (more here…)

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Japan to take over Tepco after Fukushima disaster

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TOKYO (Reuters) – Tokyo Electric Power Co, Japan's biggest utility and owner of the devastated Fukushima nuclear plant, will be taken over by the government after the country's trade minister on Wednesday approved a $12.5 billion capital injection. (more here…)

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Japan Takes Control of Tepco in 10-Year Plan to Revive Profit

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Japan ’s government took control of Tokyo Electric Power Co. (9501) , the center of the Fukushima nuclear disaster, and agreed to provide 1 trillion yen ($12.5 billion), part of a bailout that is the nation’s largest since the rescue of the banking industry in the 1990s. (read more…)

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