CNBC Utilities Page Latest Business News Wires - Business Headlines

More

  • DELTA AIR LINES CUSTOMERS MUST MAKE ZIKA-RELATED TRAVEL CHANGES.

  • DELTA AIR LINES ON WEDNESDAY STARTED OFFERING REFUNDS AND FEE-WAIVED CHANGES FOR TRAVEL TO ZIKA-HIT AREAS- SPOKESMAN.

  • WASHINGTON, Jan 28- The U.S. Senate Foreign Relations Committee approved legislation on Thursday that would broaden sanctions on North Korea over its nuclear program, human rights record and cyber activities, amid growing international concern over Pyongyang's weapons program. The committee passed the measure by unanimous voice vote and members said they...

  • Jan 28- OTG Experience Inc, which operates restaurants at major U.S. airports, said on Thursday it planned to raise as much as $585 million in an initial public offering of Class A stock.

  • WEST SIBERIAN OIL FIELDS/ MOSCOW, Jan 28- Russia's oil industry has argued for years that it cannot cut output to support falling global prices for purely technical reasons; in reality it can- as long as it has the political will. Moscow has long ruled out an output cut coordinated with other producers, even during the collapse in crude prices since the middle of 2014.

  • *Iran says criteria are clear for French banks to re-engage. French banks have been reluctant to handle deals with Iran, deterred by a $9 billion U.S. fine on Paris- based BNP Paribas in 2014 for sanctions violations, even as both governments celebrated renewed ties. Iran's industry minister Mohammad Reza Nematzadeh, speaking at a Franco-Iranian business forum,...

  • NORTHROP GRUMMAN CFO SAYS EXPECTS AEROSPACE SYSTEMS SALES IN 2016 IN LOW $10 BILLION RANGE WITH HIGHER VOLUME FOR E-2D AND F-35.

  • WASHINGTON, Jan 28- New orders for long-lasting U.S. manufactured goods in December recorded their biggest drop in 16 months as lower oil prices and a strong dollar pressured factories, the latest indication that economic growth braked sharply at the end of 2015.. "U.S. companies are cutting investment sharply, and the key worry is that it seems to be spreading...

  • NORTHROP GRUMMAN CFO SAYS EXPECTS STABLE INTERNATIONAL SALES IN 2016 AND "IMPORTANT SOURCE OF GROWTH" IN NEXT SEVERAL YEARS.

  • SHANGHAI, Jan 28- Chinese regulators have asked several domestic funds to postpone issuing new outbound investment products, sources said, the latest attempt by authorities to stem capital flight which is undermining the value of the yuan and worrying global investors. According to the Institute of International Finance, China posted capital outflows of...

  • NEW YORK, Jan 28- The dollar hit a one-week low against the euro on Thursday as a plunge in U.S. durable goods orders supported the view of a U.S. economic slowdown on softer global demand. That possibility of the Fed holding rates steady pushed markets into higher-yielding currencies like the Australian, Canadian and New Zealand dollars, which all gained notably.

  • Jan 28- Yahoo Inc plans to close its offices in Argentina and Mexico, a company spokeswoman said on Thursday. The company will maintain its Latin American operations through its teams in Brazil and Coral Gables, Florida. Yahoo declined to specify how many jobs were affected, but said the offices were "small sales-focused."

  • CHINESE REGULATORS ASK SOME FUNDS TO POSTPONE ISSUING NEW PRODUCTS AMID CAPITAL FLIGHT- SOURCES.

  • CHICAGO, Jan 28- Caterpillar Inc on Thursday reported results that showed a continued slump across most of its businesses, but forecast earnings above estimates for 2016, sending shares up nearly 3 percent. The world's largest construction and mining equipment maker has been restructuring aggressively to cut costs because of slower growth in markets...

  • OSLO, Jan 28- The ethics watchdog for Norway's $800 billion sovereign wealth fund, the world's largest, is stepping up its scrutiny of companies the fund invests in to make sure they are not involved in corruption, an official at the watchdog told Reuters. Eli Ane Lund, administrative leader of the ethics council, said the watchdog was currently investigating 14...

  • NEW YORK, Jan 28- Crude oil prices rose on Thursday to their highest in three weeks on hopes for a pact among oil producers to cut output, while the dollar slipped on bets that interest rate hikes by the Federal Reserve would be more gradual than it has suggested. Wall Street indexes were mostly little changed after advancing earlier on a boost from the energy sector,...

  • Jan 28- Facebook Inc's market value soared by $38 billion in morning trading on Thursday, vaulting the company ahead of Amazon.com Inc, after the social networking service's quarterly results blew away expectations on every key measure. Facebook's stock jumped more than 14 percent to $107.95 after the company reported a blockbuster quarter on Wednesday,...

  • *Iran output increase complicates outlook. ST PETERSBURG, Russia/ DUBAI, Jan 28- Russia said on Thursday that OPEC's largest producer Saudi Arabia, had proposed oil production cuts of up to 5 percent in what would be the first global deal in over a decade to help clear a glut of crude and prop up sinking prices. Russian Energy Minister Alexander Novak said Saudi...

  • *Hinkley Point too crucial for EDF to abandon. PARIS, Jan 28- Intractable problems at two nuclear plants under construction in France and Finland threaten more delays to EDF's plan to build four nuclear reactors in Britain. The state-owned French utility announced an 18 billion pound project in October to build two Areva-designed European Pressurised...

  • *Sees 2016 adj earnings $2.10- 2.20 per share vs est. *Lower contribution seen from Venezuela. Jan 28- Drugmaker Abbott Laboratories Inc reported lower-than-expected quarterly sales and forecast adjusted 2016 earnings below analysts' estimates, expecting a much lower contribution from its Venezuelan operations.