GO
Loading...

Enter multiple symbols separated by commas

CNBC Utilities Page Wires

More

  • RAMAT GAN, Israel _ B Communications Ltd. on Monday reported second-quarter earnings of $6 million. B Communications shares have increased 7 percent since the beginning of the year. Keywords: B Communications, Earnings Report.

  • RAMAT GAN, Israel _ Internet Gold Golden Lines Ltd. on Monday reported a second-quarter loss of $3 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Ramat Gan, Israel- based company said it had a loss of 17 cents. Internet Gold shares have increased slightly more than 3 percent since the beginning of the year.

  • To defend its share of the global oil market, Saudi Arabia pumped a record 10.56 million barrels of oil per day in June, up 231,000 bpd from May. Analysts think Saudi Arabia can't escape the impact of cheap oil indefinitely, however. For example, Spain's Talgo said in July that Saudi Arabia had cancelled a $201 million contract for six high-speed trains.

  • *Gold eyes monthly gain, rebounding from 5-1/ 2- year low. LONDON, Aug 31- Gold steadied on Monday after last week's slide as a retreat in the dollar lent support, but indications that the Federal Reserve may still raise interest rates this year despite recent market turmoil weighed on the metal. Spot gold was flat at $1,132.98 an ounce at 0934 GMT, while U.S. gold...

  • MILAN, Aug 31- Italy's Eni is open to selling a stake in its "supergiant" Zohr gas field discovery off of Egypt, its chief executive said, as the state-controlled energy company looks for funds to bankroll development without sacrificing dividends. Eni said on Sunday it had discovered the largest known gas field in the Mediterranean off Egypt, covering an area of...

  • *Europe shares head for worst month in four years. *China worries, Fed outlook spook investors. LONDON, Aug 31- Stocks in Europe and Asia looked set on Monday for their worst monthly losses in at least three years, with investors still concerned about growth in China and the prospect of higher U.S. interest rates.

  • TOKYO— Japan's Defense Ministry wants to buy an advanced Aegis radar-equipped destroyer and more F-35 fighters under its largest-ever budget to bolster the defense of southern islands amid a territorial dispute with China. Abe's government says Japan needs to bolster its military role amid China's growing territorial assertiveness and the rising risk...

  • MADRID— An American-Belgian businessman arrested for suspected involvement in enslavement and pillaging blood diamonds during Sierra Leone's civil war will be handed over shortly to Belgium, a Spanish court official said Monday. Spanish police said Desaedeleer, 64, was arrested last week at Malaga airport in southern Spain as he prepared to fly to the...

  • SHANGHAI, Aug 31- China's central bank injected 140 billion yuan into banks through its short-term lending operations tool on Monday, according to a statement published on the central bank website. Last week the central bank injected a total of 280 billion yuan through two separate SLOs. The People's Bank of China launched SLOs in 2013 to supplement its other...

  • LONDON, Aug 31- Oil fell below $49 a barrel on Monday after its biggest two-day rally in six years last week, pressured by a supply glut and renewed concern about a hard landing for China's economy. At 0835 GMT, Brent was down $1.28 at $48.77 a barrel and U.S. crude, which had rallied 12 percent last week, dropped $1.00 to $44.22. "Volatility was high last week, so now we're...

  • BANGKOK, Aug 31- Thailand's private consumption and investment slipped in July, central bank data showed on Monday, adding to the pessimism over weak exports that suggests a still fragile economic recovery. Southeast Asia's second-largest economy is struggling to recover after an army coup in May 2014 ended months of street protests with exports...

  • BUDAPEST, Hungary— Austria stepped up truck inspections Monday at its Hungarian border after 71 migrants apparently suffocated in one, creating a massive, 30- kilometer traffic jam on the main Budapest- Vienna highway. In addition to the backup at the Hegyeshalom border crossing, traffic was slower than usual at other Hungary- Austria border crossings, the...

  • AHMEDABAD, India, Aug 31- A sword-wielding 22- year-old activist has emerged overnight as the most pressing political threat to Narendra Modi, accusing the Indian prime minister of breaking a promise to provide jobs that helped him win last year's general election. Hardik Patel, by his own admission, scraped through college and failed to land a steady job.

  • *UK stock market closed for holiday. LONDON, Aug 31- European shares fell on Monday, with Germany's DAX and France's CAC on track for their worst month in four years, hit by sliding Chinese stocks and prospects of a near-term U.S. rate increase. China is the catalyst, but the real reason for the sell-off is the nervousness about the first U.S. rate hike, "Koen De Leus, senior...

  • BEIJING, Aug 31- The outstanding amount of China's dollar-denominated Qualified Foreign Institutional Investor programme inched up to $76.7 billion as of August 28, from $76.6 billion at the end of July, the country's currency regulator said on Monday.

  • The Hang Seng index rose 0.3 percent, to 21,670.58, while the China Enterprises Index lost 0.1 percent, to 9,741.41 points. For the month, the Hang Seng index lost 12 percent, its fourth straight month of decline and the worst performance since September 2011. CITIC Securities shares slumped 5 percent, after four senior executives from China's largest brokerage...

  • LONDON, Aug 31- The dollar lost ground against the safe-haven yen and the low-yielding euro on Monday as global stock markets began the week in the red, prompting investors to trim bets against currencies popularly used to fund risky carry trades. European shares fell, with Germany's DAX and France's CAC on track for their worst month in four years.

  • SHANGHAI, Aug 31- China stocks fell sharply on Monday before recovering much of their losses as regulators cracked down on speculators which Beijing blames for a 40 percent crash in the country's stock markets since June. "A pull back in the market was to be expected as some investors are taking profits after the two-day rally," wrote Gerry Alfonso, director of...

  • LONDON, Aug 31- European shares fell on Monday, with Germany's DAX and France's CAC on track for their worst month in four years, plagued by sliding Chinese stocks and the threat of a U.S. rate increase as early as September. Volumes were likely to be thin with UK markets closed for a public holiday. Shanghai stocks, which have plunged more than 40 percent since...

  • BRUSSELS— Inflation in the 19- nation eurozone was stable in August at an annual rate of 0.2 percent, an official report shows— another weak figure that may help push the European Central Bank toward doing more economic stimulus. The European Union's statistics agency, Eurostat, said Monday that a large drop in energy prices made up for increases in the costs of...