CNBC Utilities Page Wires

  • The FTSE 100 ended the day down 0.03 percent, while mid-caps rose 0.4 percent, tracking higher European markets after Washington decided to slap 10 percent tariffs on another $200 billion of Chinese goods, and Beijing retaliated. The FTSE 100 remains down 5.1 percent so far this year, however, as a recovery in sterling on growing expectations of a Brexit deal has...

  • MUMBAI, Sept 18- India plans to tighten rules to curb mis-selling of securities, market manipulation and insider trading, its financial market regulator said on Tuesday after considering recommendations by a panel. The measures were among a number of proposed regulatory changes announced by the Securities and Exchange Board of India after a quarterly board...

  • Sept 18- Tesla Inc is under investigation by the U.S. Department of Justice over public statements made by the company and its Chief Executive Elon Musk, Bloomberg reported on Tuesday, citing two people familiar with the matter. The billionaire' s behavior has raised concerns about his corporate leadership, with several Wall Street analysts and some investors...

  • *Horlicks unit offers big footprint in Indian market. LONDON, Sept 18- Nestle, Unilever and Coca-Cola are among bidders for GlaxoSmithKline's Indian Horlicks nutrition business, expected to fetch more than $4 billion, four people familiar with the matter said. Horlicks is a malt-based drink dating back to 1873, when two British-born men, James and William...

  • ORLANDO, Fla.— Some drivers who transport Walt Disney World visitors around the resort after being summoned by a Lyft app want to put the brakes on joining a union. The Teamsters had asked that the five dozen drivers be included in their bargaining units, and in May, a regional director of the labor board ruled in their favor. Those "Minnie Van" drivers opposed to...

  • INITIAL BIDS WERE DUE ON SEPT. 17 IN EXPECTED $4 BLN- PLUS AUCTION- SOURCES.

  • RECKITT BENCKISER DECIDED AGAINST MAKING AN OFFER FOR HORLICKS- SOURCES.

  • *China imposes tariffs on U.S. goods; little impact on Treasuries. News of a tit-for-tat on trade tariffs between the United States and China had little impact on government bond investors on Tuesday as benchmark 10- year and 30- year yields both climbed to fresh four-month peaks. "A big part of the selling in Treasuries is tied to investment-grade corporate bond...

  • Charlie Baker and leaders of Lawrence, Andover and North Andover. Lawrence Mayor Dan Rivera, who has been highly critical of Columbia Gas, said the utility is "living up to their corporate responsibility" with the donation. The information was in a letter from the state's U.S. senators to the heads of Columbia Gas, the company that serves the communities of Lawrence,...

  • *Move aimed at mitigating capital flight. *Cabinet also agrees to extend MTN's operating licence. KAMPALA, Sept 18- Uganda will introduce a requirement for all telecoms firms to list shares on the local bourse as a condition for obtaining a licence to operate in the country, a government statement said on Tuesday.

  • *Trump says Germany "captive" to Russia over gas. BRUSSELS, Sept 18- Germany will chose where to build a liquefied natural gas terminal by the end of 2018 as a gesture to the United States which wants to ship more gas to Europe, the economy minister said on Tuesday. He has accused Germany of being a "captive" to Moscow because of its heavy reliance on Russian gas and has...

  • LONDON, Sept 18- European shares shuddered, then recovered, on Tuesday after Beijing retaliated with new tariffs on $60 billion worth of U.S. goods, less than 24 hours after U.S. Both indices recovered rapidly, though, as it became clear the tariff levels announced by China were lower than previously expected- imposing 5 to 10 percent tariffs on U.S. goods it had...

  • Sept 18- Tesla Inc is under investigation by the U.S. Department of Justice over public statements made by the company and its Chief Executive Elon Musk, Bloomberg reported http://bloomberg.com/live on Tuesday, citing sources.

  • SAO PAULO, Sept 18- Brazil's benchmark Bovespa index rose more than 1 percent on Tuesday, rallying for a second straight day largely on the back of a spike in commodities prices. With three weeks to go before the first round of Brazil's presidential election, the market was awaiting a new poll set to be released by Ibope after markets close. Brazil's real and...

  • OTTAWA, Sept 18- Canadian Foreign Minister Chrystia Freeland will hold fresh talks on renewing NAFTA with U.S. Trade Representative Robert Lighthizer in Washington on Wednesday, a spokesman for Freeland said on Tuesday. President Donald Trump last month announced a side deal with Mexico- the third member of the pact- and has warned Ottawa that he is prepared to...

  • LONDON, Sept 18- A former junior Barclays trader who was jailed in Britain for conspiring to rig Libor interest rates has suffered a setback in his attempt to quash his conviction. The Criminal Cases Review Commission, a public body that investigates potential miscarriages of justice, said on Tuesday it had closed Jonathan Mathew's case in June without sending...

  • BOGOTA, Sept 18- Colombia will reach its growth potential of 3.5 percent next year as the economy fully recovers but will remain vulnerable to global trade pressures, new central bank board member Carolina Soto said. I think we'll grow a minimum of 3.5 percent, if not more, pushed by mining, energy and construction, "Soto said in her Bogota office.

  • LONDON, Sept 18- Italy's government bond yields fell sharply on Tuesday on growing optimism that the new coalition's budget will respect European Union rules on fiscal discipline. Deputy prime ministers Luigi Di Maio and Matteo Salvini are pushing for a larger deficit than Economy Minister Giovanni Tria wants. A source told Reuters on Monday that Di Maio and...

  • LONDON/ COPENHAGEN, Sept 18- Short positions on Danske Bank shares hit an 11- month high on Monday, rising 46 percent from Friday, data from industry tracker FIS' Astec Analytics showed. The rise to 1.9 million shares out on loan, from 1.3 million on Friday, comes ahead of a report which Danske Bank is due to publish on Wednesday on how billions of euros from Russia and...

  • Sept 18- U.S. stocks rose on Tuesday led by the technology and consumer sectors, as investors judged the latest exchange of blows in a trade war with China less damaging than first feared. President Donald Trump's 10 percent duties on some $200 billion worth of Chinese goods spared a range of consumer technology products including Apple and Fitbit smartwatches,...