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Earthquake

Over and Out for Japan's Nuclear Industry?

The Tokyo Electric Power Company (TEPCO), the owners of the Fukushima Daiichi Nuclear Power Plant devastated by the March 2011 Tohoku Earthquake and Tsunami, reported a net-loss of $9.7 billion for the full year ending 31 March 2012. Reporting its annual figures on 14 May, these figures reflected an improvement of some 35 per cent over 2011's figures but insufficient to avoid 09 May's effective nationalisation of the company.

Two Mild Earthquakes Hit India: Report

Two mild tremors were felt in India, measuring 4.5 and 4.9 on the Richter scale, in the west Indian states of Gujarat and Maharashtra, officials confirmed.