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Japan Stocks Higher Following Slide; Toshiba Gains

Stocks in Japan jumped Wednesday in early trade, with the benchmark index winning back part of losses during the previous day's selloff. The Nikkei Stock Average rose 1.6% to 15,665.47, and the broader Topix gained 1.3%, aided as the U.S. dollar traded back above the 104-level against the yen. Auto shares bounced up, with Mazda Motor Corp. higher by 2.2% and Honda Motor Co. rising by 0.9%. Toshiba Corp. shares leapt 3.5% after the Westinghouse unit of the company agreed to buy a majority stake in NuGen, a U.K. nuclear joint venture between France's GDF Suez and Spain's Iberdrola [es: ibe].Copyright © 2014 MarketWatch, Inc....

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  1. Plexus Holdings Gets New GBP1 Million GDF Suez Wellhead Order

    Plexus Holdings PLC (POS.LN), an oil and gas wellhead engineer, Thursday said it has received a purchase order worth about GBP1 million from GDF Suez S.A. (GSZ.FR) t...

  2. European Utilities' CEOs Slam Lawmakers Over Energy Policy

    The chief executives of eight leading energy utilities Tuesday slammed the European Union's political leaders for the continent's fragmented energy policy and sought...

  3. Power Groups Led by GDF Call for Action on EU Energy Policy

    Several European gas and electricity companies led by France's GDF Suez SA (GSZ.FR) called on the European Union to act urgently on its energy policy, saying it was ...

  4. Sempra, Consolidated Edison Partner in Two Solar Power Plants

    Consolidated Edison Inc. (ED) formed a partnership with Sempra Energy (SRE) that gives the utility company a 50% interest in two Sempra U.S. Gas & Power solar facili...

  5. GDF Suez's Belgian Unit to Restart Nuclear Reactors

    Electrabel, a Belgian power utility controlled by French group GDF Suez (GSZ.FR), is preparing to restart two nuclear reactors shut since last summer after the count...

  6. Frere's GBL Sells €1 Billion GDF Suez Stake

    Belgian investor Albert Frere has sold a 2.7% stake in French utility GDF Suez SA (GSZ.FR) for €1 billion, French daily Les Echos reported on its website Tuesda...

  7. John Wood Group Gets Multi-Million Dollar Australian LNG Contract

    John Wood Group PLC (WG.LN), an international energy services company, Monday said it has been awarded a multi-million dollar engineering contract for the Bonaparte ...

  8. Santos To Review Dividend Policy as PNG Project Nears Completion

    Santos Ltd. (STO.AU) may start returning more cash to shareholders, saying Thursday it will review its dividend policy as a $19 billion gas-export project in Papua N...

  9. EUROPE MARKETS: Europe Stocks Struggle With London Out, U.S. Flat

    European stock markets struggled for direction on Monday, with volumes hampered by a lack of trading in London. Retail sales data for Europe were among the few focal...

  10. European Shares Slip in Thin Trade

    European shares dipped early on Monday as investors took a breather following the previous week's rally to multi-year highs, although further gains were seen on the ...

  11. "No return to privatisations": France's Moscovici

    France is not embarking on a wave of privatisations, Finance Minister Pierre Moscovici said on Monday, adding the state was simply looking to re-balance its 62-billi...

  12. UK Regulator to Investigate Energy Firms Over Emissions Targets

    The U.K.'s energy regulator is launching an investigation into six energy companies for failing to meet energy efficiency targets set by the government, the Office o...

  1. Europe Stocks Inch Higher After China Export Data

    European stock markets opened mostly higher on Monday, keying off gains seen overnight in Asia where better-than-expected Chinese export data signaled stronger deman...

  2. France's GDF Suez to boost UK shale exploration

    France's GDF Suez is the second heavyweight energy firm to dip a toe into British shale gas exploration after taking a 25 percent stake in onshore projects in northe...

  3. Here's why we're defensive on stocks

    The way investors think about stocks has changed over time. Prior to the 1920s, stocks were considered especially risky. There was a clear distinction between invest...

  4. France's natural gas power play: GDF Suez

    The Barrack Yard Core Portfolio Strategy makes a distinction between speculating and investing. Predicting the market's sentiment is speculating and forecasting futu...

  5. No stake sale in France Telecom, GDF for now: Hollande

    French President Francois Hollande said on Sunday the government was not looking to any of its shares in France Telecom or utility GDF Suez because valuations of its...

  6. GDF Suez Buys Stake in Nabucco West Pipeline Consortium

    The French utility GDF Suez S.A. (GSZ.FR) has bought around 9% in the proposed gas pipeline project Nabucco West from Austrian oil and gas company OMV AG (OMV.VI), O...

  7. Sempra Energy Offers Weak Outlook for 2014, Lowers Top End of 2013 View

    Sempra Energy (SRE) lowered the top end of its earnings view for the year and also gave a view for 2014 below Street views.Sempra owns electric and natural-gas utili...

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