By Arshad Mohammed MONTREUX, Switzerland (Reuters) - The U.S. and Iranian foreign ministers wrapped up three days of talks over Iran's nuclear programme on Wednesday, a day after Israeli Prime Minister Benjamin Netanyahu said the deal being negotiated was a serious mistake. U.S. Secretary of State John Kerry and Iran's Mohammad Javad Zarif have negotiated for more than 10 hours since Monday in the Swiss lakeside town of Montreux, hoping to work out a framework deal by late March. "We expect that we (and the Iranians) will regroup bilaterally, with the European Union present as well, on the 15th of March, location to be confirmed but most likely Geneva." Asked if he thought they had made progress, Zarif told reporters: "We have, but a lot of work remains." However, Netanyahu's controversial speech to the U.S. Congress on Tuesday, where he harshly criticised the diplomatic efforts to resolve the dispute, may make it harder for the Obama administration to sell the potential deal back home.
French nuclear group Areva confirmed Wednesday record net losses in 2014 of 4.8 billion euros ($5.3 billion) after it was forced to absorb costs linked to delays to its flagship next-generation reactor. "The scale of the net loss for 2014 illustrates the two-fold challenge confronting Areva: continuing stagnation of the nuclear operations, lack of competitiveness and difficulties in managing the risks inherent in large projects," chief executive Philippe Knoche said in a statement. Areva has taken a particular hit in the past year from delays in building its Olkiluoto 3 nuclear plant in Finland, as well as difficulties with its renewable energy contracts. The company, which is 87-percent owned by the French state, has suffered in recent years as interest in nuclear power has cooled following the 2011 Fukushima catastrophe in Japan.