GO
Loading...

Enter multiple symbols separated by commas

CNBC Utilities Page Latest Business News Wires - Business Headlines

More

  • Australian authorities were investigating on Monday after five people fell sick after eating the Patties Foods Ltd berries, which were grown in both Chile and China before being packaged at the Chinese factory. Contamination scandals that led to deaths and serious illnesses have increased the popularity in China of imports of European infant formula, New...

  • TOKYO, Feb 16- Japan's economy rebounded from recession in the final quarter of last year but growth was weaker than expected as household and corporate spending disappointed, underlining the challenge premier Shinzo Abe faces in shaking off decades of stagnation. Economic Minister Akira Amari told reporters after the data's release that the economy was on...

  • SINGAPORE, Feb 16- Gold held firm on Monday, retaining gains from the previous session, as disappointing U.S. economic data hurt the dollar and bolstered the safe-haven appeal of the metal. *Spot gold edged up 0.1 percent to $1,230.46 an ounce by 0039 GMT, after gaining 0.6 percent in the previous session. *Gold logged its third straight weekly drop last week, showing...

  • *EU finance ministers meet on Greece, progress needed. SYDNEY, Jan 16- Most Asian share markets were fractionally higher on Monday following a record close on Wall Street, with investors cautiously optimistic the European Union would make progress this week on a debt deal with Greece. MSCI's broadest index of Asia-Pacific shares outside Japan recouped a small...

  • *JAPAN'S NIKKEI SHARE AVERAGE HITS 8-YEAR HIGH Sunday, 15 Feb 2015 | 7:13 PM ET
  • NYMEX-Oil extends gains, Brent hits 8-week high Sunday, 15 Feb 2015 | 7:07 PM ET

    TOKYO, Feb 16- U.S. crude futures rose for a third straight session, while Brent hit an eight-week high above $62 a barrel after another drop in the U.S. rig count signaled the pressure producers face from low oil prices. *NYMEX crude for March delivery was up 43 cents at $53.21 a barrel by 2353 GMT, after settling up $1.57 on Friday. *London Brent crude for April delivery...

  • *Q4 GDP up annualized 2.2 pct vs f'cast +3.7 pct. TOKYO, Feb 16- Japan's economy rebounded from recession to grow an annualized 2.2 percent in the final quarter of last year, giving a much-needed boost to premier Shinzo Abe's efforts to shake off decades of stagnation even as the global outlook deteriorates. Still, the return to growth will allow the Bank of Japan to...

  • TOKYO, Feb 16- Japan's economy expanded by an annualized 2.2 percent in October-December after contracting for two straight quarters, supported by a pick-up in exports, the Cabinet Office said on Monday. The preliminary reading for gross domestic product compared with the median estimate of a 3.7 percent expansion in a Reuters poll of economists.

  • *Euro awaits Greece news as ministers meet again. SYDNEY, Feb 16- Sterling scaled a six-week peak early on Monday following recent hawkish-sounding comments from the Bank of England, while the other major currencies were subdued in a holiday-riddled week. The pound climbed as far as $1.5435 in early trade, from around $1.5407 late on Friday in New York, reaching a...

  • SAN FRANCISCO, Feb 15- Japanese carmaker Honda Motor Co Ltd plans to slow production at some of its plants in North America due to a parts shortage caused by a partial shutdown of ports along the West Coast. The company expects shortages at its operations in Ohio, Indiana and Ontario, Canada, starting Monday and for each plant to adjust its production between Feb. 16...

  • NEW YORK, Feb 15- The U.S. aviation regulator proposed rules on Sunday for commercial drone flights that would lift some restrictions but would still bar activities such as the delivery of packages and inspection of pipelines that have been eyed by companies as a potentially breakthrough use of the technology. The FAA acknowledged the limitation but said...

  • SAN FRANCISCO, Feb 15- Japanese carmaker Honda Motor Co Ltd plans to slow production at some of its plants in North America due to a parts shortage caused by a partial shutdown of ports along the West Coast. The company expects shortages at its operations in Ohio, Indiana and Ontario, Canada, starting Monday and for each plant to adjust its production between Feb. 16...

  • GDP data to show Japan's economy out of recession Sunday, 15 Feb 2015 | 4:00 PM ET

    TOKYO, Feb 16- Japan's economy likely rebounded from recession in the final quarter of last year, data on Monday is set to show, giving a much needed boost to premier Shinzo Abe's efforts to steer the country out of decades of stagnation. Japan's economy slid into recession in July-September last year, forcing Abe to delay a second sales tax hike initially...

  • JAKARTA, Feb 16- Government price-fixing has largely shut them out for decades, but foreign oil companies at last see an opportunity to sell gasoline on a mass scale in Indonesia. "Of course we are looking at expansion," Emmanuel Dujeu, head of downstream operations at Frances's Total in Indonesia, told Reuters. Soon after Indonesia liberalized its downstream...

  • Blizzard conditions forced the cancellation of more than 1,800 U.S. airline flights, most of them into and out of airports in Boston and New York, where wind gusts of up to 60 miles per hour were predicted. The temperature at 1 p.m. in Boston was around 18 degrees Fahrenheit, but felt like zero thanks to wind chill. "Hopefully, it will stop eventually," Boston Mayor Martin...

  • *Tsipras says in six months Greece will be "different country". ATHENS, Feb 15- Greece said on Sunday it was confident of reaching agreement in negotiations with its euro zone partners but reiterated it would not accept harsh austerity strings in any debt pact. A day before a euro zone finance ministers' meeting in Brussels to shore up Greece's dwindling finances...

  • SAN FRANCISCO, Feb 15- Growing numbers of freighters were backed up around the United States' two busiest cargo hubs on Sunday due to a dispute between shipping companies and dock workers that has led to a partial shutdown of ports along the West Coast. Labor Secretary Tom Perez to California to help broker an agreement. By Sunday morning, 34 container ships,...

  • Canada's second-largest railway and the Teamsters Canada Rail Conference could not agree on scheduling and rest time before a midnight deadline passed. Commuters in Montreal will also feel the effects, since CP operates some commuter trains in Canada's second largest city. Canada's Labour Minister Kellie Leitch, who intervened in the talks on Friday to try...

  • The film, which stars James Dornan and Dakota Johnson as the libidinous couple, far outpaced the No. 2 release, "Kingsman: The Secret Service," which took in $35.6 million from Friday through Sunday, according to studio estimates. Presidents' Day holiday weekend went to the family-friendly "The SpongeBob Movie: Sponge Out of Water," based on the popular television show...

  • SAN FRANCISCO, Feb 15- Growing numbers of freighters were backed up around the United States' two busiest cargo hubs on Sunday due to a dispute between shipping companies and dock workers that has led to a partial shutdown of ports along the West Coast. Labor Secretary Tom Perez to California to help broker an agreement. By Sunday morning, 34 container ships,...