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GDF Suez SA

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  • LONDON, March 12- Short interest in shares of European utilities has risen in past weeks, as investors become bearish on the stocks because of poor earnings outlooks and pressure on their dividend payouts. But expectations rates will rise in the United States and the United Kingdom have boosted bond yields, making utilities less attractive after a recent share...

  • PARIS, Feb 27- French nuclear group Areva plans to cut 15 percent of its wage bill to save 300 million euros a year within three years amid worsening sales prospects for its reactors, union sources briefed by the new management team said. Areva is weighed down by heavy debt and suffering from an industry slowdown, a lack of orders, and legal troubles over a nuclear...

  • NEW YORK, Jan 23- Issuance of green bonds for companies working on battling climate change are booming, but investors say the label needs safeguards against bogus proposals that could sour retail buyers and wealth advisers just starting to tune into the securities. "The market is at a critical juncture, and it is important that certain standards and certain...

  • OSLO, Jan 14- Norway's Statoil has handed back three out of its four Greenland offshore oil and gas exploration licenses, it said on Wednesday, in another sign of cost cutting by energy firms following a plunge in oil prices. Statoil has Arctic licenses from Greenland to Russia. Statoil's three licenses off the west coast of Greenland were handed back by the end of...

  • OSLO, Jan 14- Norway's Statoil has handed back three out of its four Greenland offshore oil and gas exploration licences, it said on Wednesday, in another sign of cost cutting by energy firms following a plunge in oil prices. Statoil has Arctic licences from Greenland to Russia. Statoil's three licences off the west coast of Greenland were handed back by the end of...

  • *Australia's plan to become top LNG exporter still on track. Just last week, Woodside Petroleum Ltd delayed the FID for its $40 billion Browse floating project with Royal Dutch Shell and BP. The next cab off that rank could be ExxonMobil and BHP Billiton's $10 billion Scarborough project.

  • *To pay dividend of 0.50 euro/ share for 2014, 2015. *Sells Spain, Portugal assets to Macquarie for 2.5 bln euros. FRANKFURT, Dec 1- Germany's top utility E.ON said it would split in two, spinning off power plants to focus on renewable energy and power grids, a dramatic response to industry changes that could trigger similar moves at European peers.

  • ANKARA, Nov 25- Turkey has entered exclusive preliminary talks with U.S.-based Westinghouse Electric Company, part of Japan's Toshiba group, on building the country's third nuclear power plant, Westinghouse said. Turkey currently has projects for two nuclear plants, which are expected to cost $20 billion and $22 billion respectively. In 2013, a consortium of...

  • European shares stage small bounce as Iliad, KBC rally Thursday, 13 Nov 2014 | 4:09 AM ET

    *Utilities lag again as GDF, Abengoa cut guidance. LONDON, Nov 13- European shares staged a modest rebound on Thursday as a boost from strong results from telecoms firm Iliad and financial group KBC was curbed by new gloomy updates in the utilities sector. The index is struggling to make headway past a two-month high hit last week as investors weigh a relatively...

  • PARIS, Nov 6- The French government and the top private shareholder in Thales, Europe's largest defence electronics firm, are split over how to pick a successor to departing Chief Executive Jean-Bernard Levy, people familiar with the matter said. External candidates include Antoine Bouvier, chief executive for the past seven years at MBDA, a missile maker owned...

  • SINGAPORE, Nov 3- North American liquefied natural gas projects, once believed to be the panacea that would save Asia from paying top dollar for the super chilled fuel, are proving to be less of a gamechanger than originally expected. High costs, gruelling regulatory processes and mounting social opposition have slowed the development of new capacity in Canada...

  • Although Paris- listed, the firm has less than a quarter of its employees in France, while a majority of its shareholders are to be found outside the country. However, comments from the ex-CEO himself and sources close to the board made clear that his decision to move to Boston from Paris in June, and to consider cutting jobs in France without sharing the ideas at the...

  • Italy's local utility shake up seen tempting China Thursday, 23 Oct 2014 | 9:25 AM ET

    MILAN, Oct 23- Italy's plan to reduce energy prices by pushing local government out of utilities and promoting mergers is likely to create larger, more efficient companies that could also appeal to foreign buyers, such as the Chinese. Rome has ruffled feathers in the European Union by putting back its goal of achieving a balanced budget to confront its severe...

  • A scarce global resource fighting climate change Tuesday, 1 Jul 2014 | 11:40 AM ET

    The $18 billion in green bonds this year compares with $10.9 billion in 2013, but with the growth come significant growing pains.

  • European shares close down; Iraq weighs Wednesday, 25 Jun 2014 | 11:48 AM ET

    European markets closed lower on Wednesday, amid concern over the violence in Iraq.

  • Bond market to go ‘green’ this year: S&P Tuesday, 20 May 2014 | 9:01 AM ET

    The "green" corporate bond market will double in size this year, according to Standard & Poor's ratings services.

  • Asian stocks enjoyed a strong rebound on Wednesday as investors cheered a brightening picture of the global economy, but Chinese shares underperformed.

  • European equities close higher: miners weigh Monday, 9 Dec 2013 | 11:30 AM ET

    European equities closed higher on Monday, still posting gains after a rally on U.S. jobs data last Friday.

  • Europe Shares Close Down After Commodities Sell-Off Monday, 15 Apr 2013 | 11:46 AM ET

    European shares closed lower on Monday, after news of an unexpected slowdown in China sparked a commodities sell-off.

  • Europe Shares Close Higher After ECB Rate Decision Thursday, 6 Dec 2012 | 11:30 AM ET

    European shares finished in positive territory Thursday as the ECB and the Bank of England kept interest rates unchanged.