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CNBC Utilities Page Wires

  • But Trudeau, in London for a meeting of Commonwealth leaders, said he would continue to stand up for the needs of Canada. CNBC reported on Wednesday that the United States hopes to reach a deal on the revamped North American Free Trade Agreement with Mexico and Canada over the next three weeks. Trudeau said the talks were influenced by the timing of a presidential...

  • But Trudeau, in London for a meeting of Commonwealth leaders, said he would continue to stand up for the needs of Canada. CNBC reported on Wednesday that the United States hopes to reach a deal on the revamped North American Free Trade Agreement with Mexico and Canada over the next three weeks. Trudeau said the talks were influenced by the timing of a presidential...

  • The White House aims to speed up arms deal approvals and increase the role of senior U.S. officials, including President Donald Trump, in closing foreign sales, while giving greater weight to business interests in sales decisions that have long prioritized human rights. "This is a balanced policy," said Ambassador Tina Kaidanow, an official with the State...

  • *FDA panel votes 13-0 in favor of GW's drug. The drug, Epidiolex, is derived from cannabidiol, one of the hundreds of molecules found in the marijuana plant, and an FDA decision is expected by June 27. "The overall tone of the meeting was positive, with the FDA having identified no obstacles to approval," Cantor Fitzgerald analyst Elemer Piros said, adding that he expects...

  • OTTAWA, April 19- Canada's energy minister said on Thursday the government is talking to Kinder Morgan Canada Ltd on Trans Mountain and that nothing has changed after the company said Ottawa's promise of financial support does not necessarily resolve the political risk around the pipeline.

  • LOS ANGELES— Los Angeles harbor commissioners have approved a permit for Space Exploration Technologies to build a facility on 19 acres of port land to manufacture a Mars rocket that will be so big it will require an oceangoing barge for transport to launch sites. The deal is expected to be reviewed by the City Council. SpaceX founder Elon Musk refers to the new...

  • WASHINGTON, April 19- A former official of a subsidiary of Venezuela's state oil company PDVSA pleaded guilty on Thursday to a U.S. charge of conspiracy to commit money laundering, the U.S. Justice Department said. Cesar Rincon, a Venezuelan citizen who was extradited to the United States from Spain after his arrest there last year, pleaded guilty in federal court...

  • JOHANNESBURG, April 19- South Africa's President Cyril Ramaphosa has cut short his visit to Britain by a day to return home to deal with protests in the country's North West province, his office said on Thursday. The protests erupted on Wednesday with residents demanding that the province's Premier Supra Mahumapelo step down. He was due to return to South Africa...

  • LONDON, April 19- Bank of England Governor Mark Carney on Thursday dampened widespread expectations for an interest rate hike in May, pointing out there were also "other meetings" this year. "I don't want to get too focused on the precise timing, it is more about the general path," Carney told BBC news, while adding that a rate hike this year was "likely".

  • In a story April 17 about the death of Matthew Mellon, The Associated Press reported erroneously that Mellon had died at a rehabilitation center in Cancun, Mexico. Billionaire banking heir Matthew Mellon dies at 54. Billionaire banking heir Matthew Mellon has died.

  • SAN RAFAEL, Calif. _ Westamerica Bancorp on Thursday reported first-quarter profit of $17.5 million. The San Rafael, California- based bank said it had earnings of 66 cents per share. The holding company for Westamerica Bank posted revenue of $46.5 million in the period.

  • LONDON, April 19- Canadian Prime Minister Justin. But Trudeau, in London for a meeting of Commonwealth leaders, said he would continue to stand up for the needs of Canada. CNBC reported on Wednesday that the United States hopes to reach a deal on the revamped North American Free Trade Agreement with Mexico and Canada over the next three weeks.

  • LONDON, April 19- Canadian Prime Minister Justin. But Trudeau, in London for a meeting of Commonwealth leaders, said he would continue to stand up for the needs of Canada. CNBC reported on Wednesday that the United States hopes to reach a deal on the revamped North American Free Trade Agreement with Mexico and Canada over the next three weeks.

  • *Assets under management $449.6 bln in Q1 vs $434.1 bln in Q4. *Economic net income per share 65 cents vs expected 45 cents. Economic net income per share came in at 65 cents in the quarter, down from 81 cents a year ago.

  • TORONTO/ LONDON, April 19- Cocoa futures on ICE were little changed on Thursday, as prices consolidated after surging nearly 9 percent to the highest levels since 2016 earlier this week, while fund buying lifted the New York market's rare premium over London to a record. The second position rose to the highest since September 2016 at $2,856 on Wednesday, when...

  • WASHINGTON, April 19- Two black men who were arrested at a Starbucks Corp cafe in Philadelphia while waiting for a friend said on Thursday they hoped the widely publicized incident would lead to changes in U.S. racial attitudes. The men, Donte Robinson and Rashon Nelson, said in an interview on ABC's "Good Morning America" that they wanted to use their arrests a week...

  • DEPARTMENT OF JUSTICE SAYS FORMER OFFICIAL OF A SUBSIDIARY OF VENEZUELA'S PDVSA PLEADS GUILTY TO MONEY LAUNDERING CHARGE- STATEMENT.

  • BRUSSELS/ SAO PAULO, April 19- European Union states unanimously voted on Thursday to ban imports of Brazilian meat products, mostly poultry, dealing a blow to the South American country's largest chicken processor, BRF SA. The European Commission said the ban involved 20 Brazilian establishments that have been so far authorised to export into the EU.

  • MILWAUKEE— A British cybersecurity expert once heralded as a hero for stopping the WannaCry worldwide computer virus is due in a Milwaukee courtroom Thursday, where he will ask the judge to toss statements he made to the FBI after his arrest for allegedly writing and distributing malicious software use to steal banking passwords. Marcus Hutchins, 23, pleaded...

  • *Saudi Arabia seen seeking oil price of $80- $100 a barrel. *Global crude glut largely eliminated- OPEC sources. OPEC producers told Reuters on Thursday the inventory overhang has largely disappeared, even as production in the United States increases.