CNBC Utilities Page Wires

  • The picture was less bullish in the Eurozone as data showed that activity in Germany's manufacturing sector shrank for a fourth straight month in April, while a similar survey from France also painted a bleak picture. In the space of several hours we got a timely reminder that the growth leadership is very decisively in favor of the U.S. dollar, said Richard...

  • TOULOUSE, France, April 18- The new sales chief at Europe's Airbus hinted at orders for an unannounced new version of its A321 jet, while softening market rhetoric and predicting rival Boeing will emerge quickly from a crisis over the grounded 737 MAX. Airbus is seeing more demand for longer-range versions of roughly 200- seat planes previously used for...

  • FRANKFURT, April 18- Daimler is looking to make 6 billion euros in cost savings and efficiency gains by 2021 at Mercedes-Benz passenger cars and a further 2 billion euros at its Daimler Trucks division, Manager Magazin said on Thursday. Manager Magazin said around 30,000 Mercedes-Benz cars with faulty vehicle electronics were produced at its plant in...

  • KIEV, April 18- Ukraine's Prime Minister Volodymyr Groysman said on Thursday the finance ministry was sure of its legal position as it gears up to challenge a court decision on the 2016 nationalization of PrivatBank, the country's largest lender. A lower court on Thursday ruled that the government had violated the law in nationalizing PrivatBank.

  • April 18- Top oilfield services provider Schlumberger NV on Thursday forecast a gradual rise in international spending this year, after posting a 20 percent drop in quarterly profit due to weak North America demand. The oilfield services sector bellwether said it expects a 7 to 8 percent increase in investments by oil producers in markets outside North...

  • PARIS, April 18- Four decades after R2-D2 delivered a vital message from Princess Leia in the hit movie "Star Wars", a French supermarket group plans to use robots inspired by the drum-shaped droid to transport food to customers in Paris. Stepping up the race for automated deliveries with online retailers such as Amazon, Casino's Franprix chain will test the...

  • LONDON, April 18- U.S. energy group ConocoPhillips has agreed to sell its oil and gas assets in the British North Sea to private equity-backed Chrysaor for $2.675 billion, Conoco said on Thursday. Britain's ageing North Sea has undergone a major transformation in recent years as long-standing producers have sold assets to smaller players such as Chrysaor that...

  • NEW YORK/ SEOUL, April 18- Samsung Electronics Co Ltd said it has received "a few" reports of damage to the displays of samples of its upcoming foldable smartphone, raising the prospect of a less-then-smooth entry for the splashy $1,980 handset. The Galaxy Fold, on sale from April 26 in the United States, resembles a conventional smartphone but opens like a book to...

  • CPC SEES BELOW NORMAL TEMPERATURES MORE LIKELY FOR PARTS OF CENTRAL AND SOUTHERN PLAINS.

  • CPC SEES PROBABILITIES EXCEED 50 PCT FOR SOUTHERN COAST OF ALASKA, INCLUDING ALASKA PANHANDLE, PACIFIC NORTHWEST, AND NORTHEAST REGION EXTENDING SOUTHWARD ALONG EAST COAST TO FLORIDA.

  • WEATHER FORECASTER CPC: MAY-JUNE- JULY 2019 TEMPERATURE OUTLOOK INDICATES ABOVE NORMAL TEMPERATURES MOST LIKELY FOR EASTERN AND WESTERN THIRDS OF THE U.S., INCLUDING ALASKA.

  • US DOLLAR INDEX RISES TO 97.393 AFTER RETAIL SALES DATA, NOW UP 0.39 PCT ON DAY.

  • Total operating revenue fell to $5.4 billion from $5.5 billion. The Omaha, Nebraska- based company's net income rose to $1.4 billion, or $1.93 per share, in the first-quarter ended March 31 from $1.31 billion, or $1.68 per share, a year earlier. Analysts, on average, expected a profit of $1.89 per share and revenue of $5.50 billion, according to IBES data from Refinitiv.

  • LONDON, April 18- Zinc prices sank to a one-month low on Thursday after inventories in London Metal Exchange warehouses climbed and weak manufacturing data in Europe took the shine off base metals. Base metals prices had jumped in the previous session after upbeat GDP data from top consumer China but fell on Thursday as the dollar rose and manufacturing...

  • April 18- Union Pacific Corp on Thursday reported a 6.2 percent rise in quarterly profit, as the U.S. railroad raised prices, helping offset the impact of severe winter weather and record flooding that damaged rails in the Midwest. The Omaha, Nebraska- based company's net income rose to $1.4 billion, or $1.93 per share, in the first-quarter ended March 31 from $1.31...

  • But the iPhone maker plans to share openly everything that happens in its newest lab in Austin, Texas. The 9,000- square-foot lab will be at the same Austin facility as "Daisy," an Apple-built robot that can now tear apart iPhones at the rate of 1.2 million per year. Apple has not set a date for when it will reach that goal, though some products such as the MacBook Air...

  • After rising for two weeks to reach over $6.00 per million British thermal units in the second week of April, the June price for delivery of LNG into northeast Asia dropped into $5.00 territory, sources said. Reflecting the low levels of local demand, China National Offshore Oil Corp issued a sell tender for a July delivery cargo to ports outside China from its...

  • LONDON, April 18- Global shares erased this week's gains on Thursday after weak manufacturing surveys from Asia and Europe stoked fears of a widespread slowdown in growth, adding to profit-taking ahead of the long Easter weekend. However, short-covering helped Germany's DAX trade half a percent higher by afternoon in London and the pan-European STOXX 600...

  • DUBAI, April 18- Saudi Arabia's crude oil exports fell by 277,000 barrels per day in February from the month before, official data showed on Thursday. The OPEC heavyweight used 259,000 bpd of crude oil to generate power in February, down from 377,000 bpd the month before, while Saudi demand for oil products in February was 2.157 million bpd, up slightly from 2.073...

  • Hongqiao, which has licensed capacity of 6.46 million tonnes per year of aluminum, closed 2.68 million tonnes of illegal capacity in mid 2017, after being ordered to do so by the provincial government in eastern China's Shandong. It will disassemble 543,000 tonnes of capacity this year and replace it with 542,000 tonnes, according to an April 15 document...