×

CNBC Utilities Page Wires

  • BOSTON, June 25- Some small investors who want to give a piece of their minds to big tech company directors are losing their only chance: many board members are skipping annual shareholder meetings. Recent high-profile no-shows at the meetings- which are often the only chance "mom-and-pop" retail investors get to ask directors questions- include Alphabet Chief...

  • DUBAI, June 24- Etihad Airways has told its pilots they can join rival Emirates on a temporary basis for two years, according to an internal Etihad email seen by Reuters, as the downsizing of the Abu Dhabi carrier's operations helps fill a pilot shortage for Dubai's Emirates. In the email, Etihad said pilots who join Emirates on a two-year secondment would be placed...

  • LONDON— Pro-Brexit politicians and business figures are urging British Prime Minister Theresa May to be ready to walk away from the European Union without a trade agreement, despite warnings from major manufacturers that a "no deal" Brexit would be an economic disaster. In an open letter, 60 lawmakers, economists and business chiefs say Britain should threaten...

  • BEIJING, June 24- China's central bank said on Sunday it would cut the amount of cash that some banks must hold as reserves by 50 basis points.

  • HONG KONG, June 24- China Renaissance Group, an investment bank led by one of the country's most famed rainmakers, aims to raise as much as $800 million in a Hong Kong IPO, people with direct knowledge of the matter told Reuters. Beijing- based China Renaissance plans to raise between $600 million and $800 million, the people said, declining to be identified as the...

  • *Vacancy rate for Berlin office space under 2 pct. BERLIN, June 24- Nearly 30 years after the fall of the Wall, "cool" Berlin is booming, with some 40,000 people moving to the German capital every year to work not just at its vibrant tech start-ups but also increasingly at big multinational firms. Average office rents in Berlin are now the highest in Germany- although...

  • WASHINGTON, June 23- The U.S. Homeland Security Department said late Saturday the government has reunited 522 children separated from adults as part of a "Zero Tolerance" initiative and plans to reunite another 16 children over the next 24 hours. The department said in a statement U.S. Customs and Border Protection expects a small number of children separated...

  • GOVERNMENT SAYS IT HAS REUNITED 522 CHILDREN SEPARATED FROM ADULTS AS PART OF' ZERO TOLERANCE' INITIATIVE-- STATEMENT.

  • *Royal Commission on financial misconduct moves to farm lending. SYDNEY, June 24- Australian potato farmer Tom Fox says he had never missed a bank payment in two decades before a delay sending a shipment to Indonesia during a trade dispute between the countries prompted his lender to force him into receivership in 2013.. Fox's story encapsulates the issues...

  • DOON, Iowa— The Latest on the crude oil leaking after a train derailment in northwest Iowa:. BNSF spokesman Andy Williams confirmed the details Saturday. Kim Reynolds is set to visit the site of an oil train derailment and oil spill in the northwestern corner of the state.

  • DOON, Iowa— Crews were scrambling Saturday to clean up a BNSF oil train derailment in northwest Iowa that dumped crude into floodwaters, while officials seek to get a handle on the extent of the spill and its cause. Thirty-three oil tanker cars derailed Friday just south of Doon in Lyon County, leaking oil into surrounding floodwaters from the swollen Little Rock...

  • VIENNA, June 23- Iran said on Saturday the world will see little extra oil reaching the market if OPEC and its partners adhere properly to a supply pact, underlining a disagreement with top exporter Saudi Arabia. OPEC and a group of non- OPEC countries agreed on Saturday that they would return to 100 percent compliance with previously agreed oil output cuts, after...

  • ALGIERS, June 23- Algeria's foreign exchange reserves fell by $7.3 billion in the first five months of this year and are expected to decline by $5 billion from now until the end of the year, Prime Minister Ahmed Ouyahia said on Saturday. "Reserves stood at $90 billion at the end of May and should decline to $85 billion by the end of 2018," Ouyahia said after a meeting...

  • LINDSAY, Okla.— Danny Daniels, an evangelical Christian in the rural Oklahoma town of Lindsay, is reliably conservative on just about every political issue. "Some people said I couldn't be a pastor and support medical marijuana, but I would say most of the people I know, including the Christians I pastor, are in favor of it," said Daniels, pastor of Better Life Community...

  • *OPEC deal with non- OPEC gives no specific targets. VIENNA, June 23- OPEC agreed with Russia and other oil-producing allies on Saturday to raise output from July, with Saudi Arabia pledging a "measurable" supply boost but giving no specific numbers. On Saturday, non- OPEC oil producers agreed to participate in the pact but a communique issued after their talks with...

  • *OPEC deal with non- OPEC gives no specific targets. VIENNA, June 23- OPEC agreed with Russia and other oil-producing allies on Saturday to raise output from July, with Saudi Arabia pledging a "measurable" supply boost but giving no specific numbers. On Saturday, non- OPEC oil producers agreed to participate in the pact but a communique issued after their talks with...

  • Union workers at Bombardier's Downsview plant in Canada's largest city Toronto assemble several large-cabin business jets, along with the Q400 turboprops. The union talks follow Bombardier's May announcement that it had agreed to sell the sprawling Downsview site, the companys largest land asset, to a Canadian pension fund for approximately $635 million.

  • *OPEC deal with non- OPEC gives no specific targets. VIENNA, June 23- OPEC agreed with Russia and other oil-producing allies on Saturday to raise output from July, with Saudi Arabia pledging a "measurable" supply boost but giving no specific numbers. On Saturday, non- OPEC oil producers agreed to participate in the pact but a communique issued after their talks with...

  • *Trump threatened to impose 20 percent tariff. PARIS, June 23- The European Union will respond to any U.S. move to raise tariffs on cars made in the bloc, a senior European Commission official said, the latest comments in an escalating trade row. "If they decide to raise their import tariffs, we'll have no choice, again, but to react," EU Commission Vice President Jyrki...

  • NEW YORK— While a Supreme Court ruling on sales taxes will create more obligations and expenses for many small online retailers, owners are already thinking about how they'll comply. The decision allows states to require out-of-state businesses to collect sales tax from customers in other states— for example, a retailer in Utah who sells goods to a customer in...