CNBC Utilities Page Wires

  • *Outrage deepens over Riyadh's shifting explanations. President Donald Trump said on Monday he was still not satisfied with what he has heard from Saudi Arabia about the killing of journalist Jamal Khashoggi in Turkey, but did not want to lose investment from Riyadh. Trump said he had spoken with Crown Prince Mohammed bin Salman, the de facto ruler of the world's...

  • Oct 22- Uber Technologies Inc:. *UBER TECHNOLOGIES SAYS CAMERON POETZSCHER HAS RESIGNED FROM CO EFFECTIVELY IMMEDIATELY. *UBER SAYS CFO NELSON CHAI WILL BE TAKING OVER CAMERON'S DUTIES OF CORPORATE DEVELOPMENT WHILE CO SEARCHES FOR A NEW LEAD Further company coverage:.

  • UBER SAYS CFO NELSON CHAI WILL BE TAKING OVER CAMERON'S DUTIES OF CORPORATE DEVELOPMENT WHILE CO SEARCHES FOR A NEW LEAD.

  • UBER TECHNOLOGIES SAYS CAMERON POETZSCHER HAS RESIGNED FROM CO EFFECTIVELY IMMEDIATELY.

  • SAO PAULO, Oct 22- Biosev SA, the Brazilian sugar and ethanol producer controlled by global commodities trader Louis Dreyfus, is in talks to sell more assets in the country as it seeks to cut debt, two sources with knowledge of the plans told Reuters on Monday. Biosev, which announced the sale of a sugar and ethanol mill a month ago, hired Datagro Financial, the...

  • SAO PAULO, Oct 22- Brazil information technology company Tivit Terceirizacao de Processos, Servicos e Tecnologia SA and Banco BMG bank on Monday filed for authorization for initial public offerings with Brazilian exchange regulator CVM, according to documents seen by Reuters. Reuters had previously reported Tivit and Banco BMG had hired bankers to prepare...

  • Oct 22- Brazilian stocks were Latin America's biggest gainers on Monday as sentiment toward emerging markets got a boost from China's promise of stimulus while the Mexican peso retreated as U.S. It doesn't take much to provide relief, "said Christian Lawrence, a senior market strategist with Rabobank in New York. Brazil's benchmark equity index gained 1.6...

  • *Halliburton forecast hits energy stocks. NEW YORK, Oct 22- The S&P 500 and the Dow fell in choppy trading on Monday as energy and financial stocks lost ground and caution grew ahead of a slew of earnings reports this week. "It's a big earnings week," said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.

  • Oct 22- Uber Technologies Inc's head of corporate development, Cameron Poetzscher, has resigned, the Wall Street Journal reported on Monday, citing a person familiar with the matter. The news comes less than a month after the Journal reported allegations of sexual misconduct by Poetzscher at the ride-hailing firm. Uber did not immediately respond to a request...

  • NEW YORK, Oct 22- The S&P 500 and Dow slipped in choppy trading on Monday following losses in energy and financial stocks, and as caution grew ahead of a slew of earnings this week.

  • How large a threat a slowdown in China's economic expansion poses could come into sharp relief as Wynn Resorts Ltd, chip makers and other companies that rely on China for growth post quarterly score cards. General Motors Co has suffered from shrinking Chinese auto sales and Volvo on Friday warned it expects truck demand in China to fall about 13 percent as the...

  • MILAN, Oct 22- Gilberto Benetton, a co-founder of Italian clothing retailer United Colors of Benetton who masterminded the family empire's diversification into construction, transport and catering, has died at the age of 77.. The former head of family holding company Edizione which controls Italy's biggest infrastructure group Atlantia, died after a short...

  • Chicago Board of Trade December corn settled up 2-1/ 2 cents at $3.69-1/ 2 per bushel, rallying after the contract fell to $3.65-1/ 2, its lowest since Oct. 11. November soybeans ended up 1-3/ 4 cents at $8.58-1/ 2 a bushel while CBOT December wheat fell 6-3/ 4 cents at $5.08 a bushel. said Ted Seifried, chief agriculture market strategist for brokerage Zaner Group in...

  • *Very high volumes of optical sensors for major customer. *Q3 revenues at $479.6 mln, seen in Q4 at $570- 610 mln. VIENNA, Oct 22- Austrian chipmaker AMS AG reported a 49 percent increase in its third-quarter core profit and gave an upbeat forecast for the next period, largely because Apple started mass production of new phones that include its sensors.

  • *Sanctions against Iran oil exports to start Nov. 4. Saudi Energy Minister Khalid al-Falih told Russia's TASS news agency that his country had no intention of unleashing a 1973- style oil embargo on Western consumers, but rather was focused on raising output to compensate for supply losses elsewhere, such as Iran. It is still not a foregone conclusion that the...

  • NEW YORK, Oct 22- The U.S. dollar rose on Monday as the British pound fell on news that Brexit negotiations with the European Union over Northern Ireland remain in flux and as the euro continued its slide on political uncertainty over Italy's budget. The euro failed to hold early-session gains as investors focused on the likelihood of further political...

  • MEXICO CITY, Oct 22- The potentially catastrophic Hurricane Willa, a rare category 5 storm, barreled toward tourist spots on Mexico's Pacific coast on Monday, prompting authorities to warn residents in its path to exercise extreme caution. Willa had maximum sustained winds of near 160 miles per hour with higher gusts and was expected to hit the western coast of...

  • President Donald Trump, speaking to reporters at the White House as he departed on a trip to campaign in Texas, said on Monday his administration plans to produce a resolution calling for a 10 percent tax cut for middle income earners. Trump said on Saturday his administration was studying a tax cut to be rolled out some time around the beginning of November just...

  • WASHINGTON, Oct 22- President Donald Trump warned on Monday that the United States intended to build up its arsenal of nuclear weapons to pressure Russia and China.

  • "While higher input costs are a headwind for all household-product peers, Kimberly-Clark has more exposure to the commodities seeing the steepest increases in prices," said Brittany Weissman, consumer analyst at Edward Jones. The Kleenex tissue maker said commodity expenses would now be at the upper end of its previously forecast range of $675 million to $775...