CNBC Utilities Page Wires

  • *FTSE 100 up 0.3 pct. *FTSE 250 up 0.2 pct. The FTSE 250 was up 0.2 percent by 0840 GMT.

  • BEIJING, Feb 22- State-owned oil company Saudi Aramco signed a $10 billion deal to build a refining and petrochemical complex in China on Friday, as Saudi Crown Prince Mohammed bin Salman wrapped up a two-day trip to Beijing. The crown prince will meet President Xi Jinping, who has made stepping up China's presence in the Middle East a key foreign policy objective,...

  • BEIJING, Feb 22- China's banking and insurance regulator said on Friday it will extend its control of Anbang Insurance Group Co Ltd for one year to Feb. 22, 2020. The regulator will maintain the stable operation of Anbang and protect the interests of all relevant parties, the China Banking and Insurance Regulatory Commission said in a statement on its website.

  • PARIS, Feb 21- The e-commerce marketplace JOOM, whose mobile shopping app sells products from China at cut-rate prices directly to buyers, is recruiting French brands to bolster its merchant roster in a market it sees as key to cracking Europe and taking on Amazon. JOOM already offers 10,000 products from France and sees the home of haute-couture fashion as a...

  • LONDON, Feb 22- Sterling consolidated gains on Friday and was set to snap a three week losing streak as investors eyed last-minute talks between the United Kingdom and the European Union on possible changes to the Brexit withdrawal agreement. The European Union's Brexit negotiator, Michel Barnier, said on Friday he could not rule out the possibility that...

  • *People struggle to afford to travel again to vote Feb. 23. YOLA, Nigeria/ ABUJA, Feb 22- Nigerian teacher Benjamin Shagu flew 500 km from the east of the country to the capital, Abuja, to vote in the presidential election- only for the vote to be delayed for a week, just five hours before polls had been due to open. That in turn would reduce the mandate of the eventual winner to...

  • *Australian coal imports to China continue as normal- ministry. *China has upped safety, environment checks on imports- ministry. "At present, customs throughout the country are accepting as normal customs declarations for imported coal, including from Australia," said Geng Shuang, spokesman for the Ministry of Foreign Affairs in China, during a press briefing.

  • LONDON, Feb 22- The euro held near a two-week high on Friday as investors waited for signs of how the euro zone economy is faring, while the Australian dollar rebounded after China denied it had banned imports of the country's coal. But hopes for an easing of the U.S.- China trade conflict pushed it up 0.2 percent on Friday, to $1.1351. Traders are watching for...

  • Feb 22- Emerging market stocks rose on Friday, on track to post weekly gains as investor sentiment buoyed mostly on trade talk progress between the United States and China, but data reflecting a deteriorating global economy kept gains in check. The week saw optimism from U.S.- China trade talks, with reports suggesting that negotiators haggled on Thursday over...

  • LONDON, Feb 22- Europe's main stock markets barely budged on Friday but results from companies including Sweden's Elekta, Switzerland's Sika, and France's Sopra Steria kept trading lively while investors waited with bated breath for news from crucial U.S.- China trade talks. The STOXX 600 and Germany's DAX were both flat by 0830 GMT, with the main action at the...

  • Feb 22- Hong Kong stocks closed higher on Friday, with investors hopeful that China and the United States will soon reach deal to resolve their trade disputes. **Investors continue to closely watch high-level talks between U.S. and Chinese trade negotiators in Washington, with little more than a week left before a U.S.-imposed deadline for an agreement expires,...

  • *Shares rise as 2018 EBIT reaches record of 461 mln euros. PARIS, Feb 22- French meal vouchers and card provider Edenred reported record earnings before interest and tax for 2018, and expressed confidence it would have strong growth in all regions and business lines this year. Edenred's 2018 results benefited from growth in Europe and a recovery in Brazil, which...

  • Feb 22- Gold inched up on Friday as optimism over U.S.- China trade talks pressured the dollar, but signs that the U.S. Spot gold rose 0.3 percent to $1,326.56 per ounce as of 0814 GMT. "The main target is still the technically important area between $1,350 and $1,360 above which would be a one year high."

  • *German Ifo, January euro zone inflation data due. Broader euro zone debt markets were little changed before a German Ifo survey due later this session for the latest clues on the state of the euro zone's powerhouse economy. Analysts said that it was premature to expect a downgrade of Italy's credit rating on Friday, but a deteriorating economic outlook had...

  • SINGAPORE, Feb 22- Oil prices were firm on Friday, supported by OPEC's ongoing supply cuts and hopes that Washington and Beijing may soon end their trade dispute. International Brent crude futures were at $67.18 per barrel at 0746 GMT, 11 cents above their last close, but below $67.38 per barrel reached earlier this week. Traders said prices were lifted from...

  • *Fuel exports rise from China, India, S.Korea, Japan& Taiwan. *U.S., Middle East, Europe supply to Asia has also increased. Since 2006, the Asia-Pacific has been the world's biggest oil consuming region, led by traditional industrial users South Korea and Japan along with rising economic powerhouses China and India.

  • LONDON, Feb 22- British education company Pearson said it was close to bringing the last five-years of turmoil to an end as it forecast a stabilisation of sales this year before growing again in 2020 and beyond. The group managed to grow profit in 2018 on an underlying basis by stepping up its cost cutting programme, after sales in its higher education business in...

  • *Shanghai stocks higher, blue-chip CSI300 index up. U.S., China haggle over toughest issues in trade war talks. *China's Jan home price growth at 9- month low as confidence dips.

  • BEIJING, Feb 22- London copper prices shrugged off early losses driven by a flurry of weak U.S. economic data to trade higher on Friday as investors' focus returned to falling inventories and U.S.- China trade talks due to wrap up in Washington. The metal, widely used in construction and manufacturing, is on course to post a 3.3 percent gain this week, which would mark...

  • SHANGHAI, Feb 22- Shares in Asia recouped early losses on Friday, buoyed by strong gains in China as signs of progress in trade talks with the United States offset worries about a deteriorating global economic outlook. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.3 percent higher by mid-afternoon, having spent the day dipping in and out of...