Siemens to quit nuclear industry

From BBC News:

German industrial and engineering conglomerate Siemens is to withdraw entirely from the nuclear industry.

The move is a response to the Fukushima nuclear disaster in Japan in March, chief executive Peter Loescher said.

He told Spiegel magazine it was the firm's answer to "the clear positioning of German society and politics for a pullout from nuclear energy".

"The chapter for us is closed," he said, announcing that the firm will no longer build nuclear power stations.

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