Home Business Hitachi freezes British nuclear project, books $2.8 bln hit

Hitachi freezes British nuclear project, books $2.8 bln hit

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Japan’s Hitachi Ltd said on Thursday it has decided to freeze a 3 trillion yen ($28 billion) British nuclear power project and will consequently book a writedown of 300 billion yen ($2.75 billion) on its British nuclear unit.

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