Enter multiple symbols separated by commas

CNBC Utilities Page Latest Business News Wires - Business Headlines


  • RPT-Russian developer bets on "Manhattan sur Seine" Monday, 5 Nov 2012 | 7:00 AM ET

    *Hermitage Plaza towers designed by UK architect Foster. PARIS, Nov 4- For Paris, a city whose priciest apartments boast mansard roofs and wrought-iron balconies, it's an audacious bet: a pair of shimmering, largely residential, luxury towers that might look more at home in Dubai or Shanghai.

  • MEXICO CITY, Nov 4- Leading world economies pressed the United States on Sunday to act decisively to avert a rush of spending cuts and tax hikes, warning that the so-called fiscal cliff is the biggest short-term threat to global growth.

  • *Ten-year JGB futures rise in light trade. TOKYO, Nov 5- Benchmark Japanese government bonds inched up on Monday ahead of a tightly-fought U.S. presidential election on Tuesday and a vote in the Greek parliament over a new austerity package later in the week.

  • *Q3 GDP growth 6.17 pct year-on-year, vs forecast 6.21 pct. JAKARTA, Nov 5- Indonesia's economy grew 6.2 percent in the third quarter from a year earlier, in line with forecasts, as the global downturn finally began to drag on a country whose resilience has attracted a flood of foreign investment this year.

  • TOKYO, Nov 5- Japan's Nikkei fell on Monday, as the yen pared its earlier weakness, prompting investors to take profits from last week's gain while investors shunned risk before the winner of the tightly fought U.S. election is known.

  • TOKYO, Nov 5- Toyota Motor Corp raised its full-year net profit forecast to $9.7 billion even after its sales in China, the world's biggest autos market, were battered by a popular backlash against Japan over a territorial dispute.

  • Toyota nudges up net forecast after Q2 profit jump Monday, 5 Nov 2012 | 6:18 AM ET

    TOKYO, Nov 5- Japan's Toyota Motor Corp raised its full-year net profit forecast by 2.6 percent to 780 billion yen even after sales in China, the world's biggest autos market, virtually halved following a popular backlash against Japan in a territorial dispute.

  • TOKYO, Nov 5- Japan's Nikkei fell on Monday, as the yen weakened, which triggered profit-taking from last week's gain while investors shunned risk before the winner of the tightly fought U.S. election is known.

  • *New York schools reopen, many people still without power. NEW YORK, Nov 5- A week after superstorm Sandy wreaked havoc on New York City and the surrounding area, schools were set to reopen on Monday and life expected to slowly return to normal for many, but close to 2 million people still have no power as cold weather sets in.

  • By Catherine Bremer and Emmanuel Jarry. PARIS, Nov 5- The French government is expected to play down a review on Monday that will prescribe taking an axe to payroll taxes and softening labour laws to reverse a long slide in competitiveness that has eaten away at exports and bled factory jobs.

  • VERKHNYAYA SINYACHIKHA, Russia, Nov 5- Factory smokestacks tower over weathered wooden houses in this provincial Russian town, part of the industrial heartland that helped propel Vladimir Putin into the presidency.

  • *Signs of housing slowdown evident across Canada. TORONTO, Nov 5- Long convinced the country's housing boom would never end in a crash, Canadians have watched this autumn as a sharp slowdown in real estate spreads across the country, leaving would-be home buyers hopeful and sellers scared.

  • SINGAPORE, Nov 5- Singapore's Keppel Corp Ltd, the world's largest oil rig builder, said its unit agreed with Norway's Golar LNG Ltd to work on the conversion of up to three liquefied natural gas vessels into floating LNG vessels. Keppel did not give a value in its statement.

  • *MSCI Asia ex- Japan falls, Nikkei drops 0.5 pct. U.S. stock futures suggested a firm Wall Street start, with a 0.2 percent rise, but European shares were seen falling, with financial spreadbetters expecting London's FTSE 100, Paris's CAC-40 and Frankfurt's DAX to open down as much as 0.5 percent.

  • *PBOC sets weaker midpoint for third day. SHANGHAI, Nov 5- China's central bank set the yuan midpoint weaker for the third consecutive trading day on Monday, but customers continued to unload dollars, causing the spot rate to repeatedly bump into the limit of its trading band.

  • SINGAPORE, Nov 5- Brent crude edged above $106 per barrel on Monday as a more than 2 percent drop on Friday attracted some buyers, although investors remained focused on the U.S. presidential elections and demand worries.

  • *Barclays traders' ``unfortunate'' emails don't match trades-source. NEW YORK, Nov 5- British bank Barclays is set to fight a potentially record $470 million penalty from U.S. energy regulators by arguing its traders were guilty of braggadocio, not of rigging California electricity prices.

  • NEW YORK, Nov 5- On the 19th floor of Consolidated Edison's Manhattan headquarters, the veteran lineman briefing a roomful of 100 out-of-town utility workers had a lot of advice, from the practical to the profane. It was familiar patter for Glenn Nicholas and his co-workers from New Orleans, who had been to New York before to train with Con Edison.

  • *Foxconn surges more than 30 pct after Citigroup upgrade. HONG KONG, Nov 5- Hong Kong shares eased slightly on Monday, as caution ahead of the U.S. presidential elections spurred mild profit-taking after a strong run-up last week lifted the local benchmark to a 15- month high.

  • SYDNEY, Nov 5- Australia's Federal court issued a landmark judgment on Monday that Standard& Poor's misled investors by giving its highest rating to derivatives that lost almost all their value in the run-up to the 2008 global economic crisis.