GO
Loading...

Enter multiple symbols separated by commas

CNBC Utilities Page Wires

More

  • CALGARY, Alberta, Aug 28- Alberta's oil and gas royalty framework will remain in place until the end of 2016, Energy Minister Marg McCuaig-Boyd said on Friday, as she gave details of the panel that will review the scheme for the province's new left-leaning New Democrat government. The government also announced that Leona Hanson, mayor of the town of Beaverlodge...

  • SAN FRANCISCO— Apple's online music subscription service is losing a key player as millions of listeners near the end of a free three-month trial period that has drawn mixed reviews. Ian Rogers is leaving Apple to take a job at an unidentified company in Europe. Apple's $3 billion acquisition of Beats last year was driven in large part by the iPhone maker's...

  • WASHINGTON— Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON— Labor Department releases second-quarter productivity data, 8:30 a.m.; Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..

  • *Doubts about China persist despite stabilization. NEW YORK, Aug 28- U.S. So I wouldn't want to go ahead and decide right now what the case is: more compelling, less compelling, etcetera, "Fed Vice Chairman Stanley Fischer told CNBC television on Friday when asked about the prospect of a September rate hike.

  • NEW YORK, Aug 28- The nearly two-month-long slide in oil prices to 6-1/ 2 year-lows has been a boon to many so-called systematic funds, which trade based on technical signals or computer algorithms rather than fundamentals. While most market commentary has focused on the persistent glut in the global market caused by unrelenting OPEC output and surprisingly...

  • Aug 28- Rebekah Brooks will return to News Corp as chief executive of its UK division, the Financial Times reported, citing people familiar with the matter. Brooks is returning one year after being cleared of all charges related to the phone-hacking scandal that rocked Britain about four years ago, the Financial Times said on Friday. Her return could be as soon as...

  • *Soybeans firm on dry U.S. weather outlook. *Corn clings to modest gains in choppy trade. Soybeans rose on worries about dry weather in parts of the Midwest and spillover support from a strong rally in crude oil.

  • TORONTO, Aug 28- The chief executive of infidelity website Ashley Madison's parent company Avid Life Media has left, just over a week after hackers leaked data about millions of its clients in a massive cyber assault. Avid Life said on Friday the departure of Noel Biderman was by "mutual agreement" and its existing senior management team would take over until a new...

  • ALBERTA ENERGY MINISTER SAYS CURRENT OIL, GAS ROYALTY FRAMEWORK WILL REMAIN IN PLACE UNTIL END OF 2016.

  • German car makers are reviewing how many vehicles to send to China or the U.S., and U.S. dealers say they expect to get more Mercedes, Audi and BMW sport utility vehicles to sell as a result. Most global automakers have significant manufacturing operations in China they want to keep running. Before the market declines and the currency devaluation, demand for SUVs...

  • WASHINGTON, Aug 28- The White House on Friday said the Justice Department is considering its options after a U.S. district court blocked a federal clean water rule from going into effect in certain states. "The administration strongly disagrees with this ruling," White House spokesman Josh Earnest said in a briefing. The U.S. District court in North Dakota granted...

  • JACKSON HOLE, Wyo., Aug 28- Federal Reserve officials who are most anxious to hike interest rates said on Friday that continued turmoil in financial markets may cause the central bank to delay tightening monetary policy beyond next month, even though the U.S. economy remains strong. Louis Fed President James Bullard told Reuters he still favored hiking rates at...

  • WHITE HOUSE, ASKED ABOUT DISTRICT COURT'S EPA WATER RULING, SAYS ADMINISTRATION DISAGREES, DEPARTMENT OF JUSTICE IS WEIGHING ITS OPTIONS.

  • *Europe bourses in 2015: http://link.reuters.com/pap87v. LONDON, Aug 28- European stocks closed out a rollercoaster week with modest gains on Friday, although a leading regional equity index was still on track for its worst month in four years due to underlying concerns over China. Fears of a global economic slowdown, which intensified after China devalued its...

  • WASHINGTON, Aug 28- Two weeks of joint testing of the Lockheed Martin Corp F-35 fighter jet at a California air base by the Royal Netherlands Air Force showed that the new stealthy jets are able to share a significant amount of data with older warplanes, the pilot in charge of Dutch F-35 testing told Reuters. Colonel Albert De Smit, commander of the Netherlands...

  • Aug 28- The oil market's 10 percent surge on Thursday offered a visceral reminder that many of its most active participants could not care less about global oil inventories, Saudi Arabia's stressed finances or the American shale revolution. For dozens of commodity trading advisors from Rotterdam to Chicago, so-called "systematic" funds that typically use...

  • NEW YORK, Aug 28- The dollar rose to one-week highs on Friday, for a fourth straight session of gains, on rate-hike remarks by a senior Fed official and generally positive U.S. data that supported the notion the world's largest economy was on a stable growth path. The index extended gains after Federal Reserve Vice Chair Stanley Fischer said the U.S. central bank...

  • NEW YORK— Shares of GameStop skidded Friday after the video game retailer reported strong second-quarter results but gave a forecast that disappointed Wall Street. GameStop said sales of downloadable content for "Batman: Arkham Night" and "Witcher 3" powered its results, and the company's adjusted profit and revenue came in above Wall Street estimates.

  • JACKSON HOLE, Wyo., Aug 28- The Swiss National Bank hopes its policies of negative interest rates and a willingness to intervene in the currency market will weaken the overvalued Swiss franc over time, its chairman wrote in a conference paper published on Friday. Switzerland's export-reliant economy has been hampered by a surge in the franc after the SNB removed...

  • *Freeport-McMoRan rises after Icahn discloses stake. Aug 28- U.S. stocks slipped on Friday after comments from an influential member of the U.S. Fed Vice Chairman Stanley Fischer said the United States was heading in the direction of higher rates and that recent economic data had been impressive.