Receive Breaking News updates as they occur
PANAMA CITY (AP) — Amid exploding fireworks and waving flags, a Chinese ship carrying more than 9,000 containers on Sunday entered the newly expanded locks that will double the Panama Canal's capacity in a multibillion-dollar bet on a bright economic future despite tough times for international shipping.
By Geert De Clercq, Svetlana Burmistrova and Jack Stubbs PARIS/MOSCOW (Reuters) - The $100 billion overseas order book of Russia's nuclear power plant builder Rosatom -- bigger than all its Western competitors combined -- makes it look like the giant in its field. Deal after deal has collapsed in Europe, where individual countries and the European Union as a whole consider it a priority to reduce dependency on Russian energy, and relations have deteriorated over Moscow's intervention in Ukraine. A project in fast-growing, energy-hungry Turkey -- possibly the ideal market on paper -- has been stalled because of a collapse in relations between the two countries supporting opposite sides in the Syrian civil war.