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CNBC Utilities Page Wires

  • BEIJING, April 20- China's central bank said on Friday that overseas entities held 1.36 trillion yuan of domestic bonds as of end-March, up from 1.20 trillion yuan at end-December. The foreign entities also held 1.2 trillion yuan of domestic equities at the end of March, compared with 1.17 trillion yuan at the end of last year, data from the People's Bank of China...

  • LONDON, April 20- Barclays said Jes Staley will be fined by British regulators for attempting to unmask a whistleblower, but will be able to keep his job as the bank's chief executive. If Staley accepts the findings of the regulators, it would be the first time that a sitting chief executive of a major bank in Britain has been fined by its regulators.

  • *FTSE 100 up 0.3 pct. LONDON, April 20- Weaker sterling helped Britain's FTSE 100 outperform European markets on Friday, while consumer giant Reckitt Benckiser tumbled after disappointing results and Shire declined as Allergan pulled out of the running to acquire the company. The decline supported export-oriented large-cap stocks, which dominate the FTSE...

  • Activist investor Jana Partners disclosed a 9.1 percent stake in Pinnacle Foods and said it would seek talks with the company on a range of subjects.

  • *Property loans rise $302 bln in Q1 vs $191 bln increase in Q4. BEIJING, April 20- Chinese banks extended 1.9 trillion yuan in new property loans in the first quarter of 2018, reflecting still solid demand for housing even as curbs on speculation continue to bite, central bank data showed on Friday. Property loans, comprised mainly of individual mortgages and loans...

  • SINGAPORE, April 20- Asian oil demand will hit a record in April just as global crude values are lifted to levels not seen in three years by Middle East supply risks and top exporter Saudi Arabia withholding output and noisily pushing for prices at $80 to $100 per barrel. Most analysts have pointed to escalating Middle East conflicts, a crisis in Venezuela, and the...

  • LONDON, April 20- Emerging markets ended the week on a sour note with tech stocks taking a tumble following a warning over smartphone demand while steadily climbing U.S. yields and a stronger dollar weighed on currencies. "The important thing to note is the rise in U.S. long term yields again after the yield curve flattening concerns have dominated markets for...

  • RIGA, Latvia— Latvian bank ABLV has rejected the U.S. government's findings that it "institutionalizes money laundering" and helps evade sanctions as "hyperbolic," saying they refer to old practices it has now changed. ABLV was accused by the U.S. Treasury in February of encouraging money laundering, facilitating financial transactions for sanctioned entities...

  • LONDON, April 19- Last October, at the height of a political crisis in Iraq's Kurdistan region, a letter arrived at the Iraqi oil ministry in Baghdad from Igor Sechin, head of Kremlin oil major Rosneft. Kurdistan, a region of about 6 million people in northern Iraq, had just tried and failed to break away from the rest of the country. Global powers including the United...

  • Losses by the tech sector in Asia and profit-taking among mining stocks in Europe contributed to the overall losses. The index is still on track for a 1 percent gain this week, as global markets recover from a turbulent first quarter which saw the return of volatility, trade tensions between the U.S. and China, and tensions in the Middle East. "In our base case we do not...

  • FRANKFURT, April 20- German transport minister Andreas Scheuer is asking carmakers to tell him how they plan to complete by the end of the year software upgrades on diesel vehicles to reduce emissions, he told a newspaper. The German car industry, which accounts for some 800,000 jobs in Europe's biggest economy, is struggling with a global backlash against...

  • HARARE, Zimbabwe— A Zimbabwean parliamentary committee is summoning former leader Robert Mugabe to appear before it over alleged diamond looting during his rule. But parliamentary committee chairman Temba Mliswa tells The Associated Press the 94- year-old still should appear on May 9 to explain his statements. Zimbabwe security agencies were involved in...

  • *BoE's Carney dampens May rate hike expectations in UK. LONDON, April 20- German government bond yields were set for their biggest weekly rise since the beginning of February after a surge in oil prices forced inflation expectations and euro zone bond yields higher. "The market is hoping that higher oil prices will lead to higher inflation in a sustainable manner,"...

  • MOSCOW, April 20- The Russian rouble weakened on Friday after the Finance Ministry resumed forex purchases for state reserves. Because of the pause, daily purchases were increased to 17.5 billion roubles on Tuesday and 17.8 billion roubles on Wednesday from the planned 11.5 billion roubles. But Russian First Deputy Central Bank Governor Ksenia Yudayeva said...

  • MOSCOW, April 20- The Russian rouble weakened on Friday after the Finance Ministry resumed forex purchases for state reserves. Because of the pause, daily purchases were increased to 17.5 billion roubles on Tuesday and 17.8 billion roubles on Wednesday from the planned 11.5 billion roubles. But Russian First Deputy Central Bank Governor Ksenia Yudayeva said...

  • STOCKHOLM, April 20- Swedish utility Vattenfall launched plans on Friday to become northwestern Europe's biggest operator of electric vehicle charging infrastructure within five years. State-owned Vattenfall, which already operates home, business and public charging solutions in Sweden, Germany and the Netherlands, said the business now planned to...

  • *China Enterprises index HSCE falls 1.5 percent. April 20- Hong Kong stocks ended down on Friday, as energy shares slumped from a two-month high hit in the previous session, while technology stocks tracked the Asian tech sector lower. **Around the region, MSCI's Asia ex- Japan stock index was weaker by 1.2 percent, while Japan's Nikkei index closed down 0.13 percent.

  • LONDON, April 20- Sterling fell another 0.3 percent to a two-week low on Friday after Bank of England governor Mark Carney signaled that the central bank may not rush to raise interest rates in May because economic data was "mixed." But weaker than expected wage growth numbers and inflation data this week encouraged Carney to tell the BBC on Thursday that the rate...

  • The efforts were being examined as part of the Trump administration's "Section 301" intellectual property remedies, which include China- specific investment restrictions, Assistant Secretary for International Markets and Investment Heath Tarbert told an Institute of International Finance Forum. Asked about reports the Treasury may bring forward parts...

  • MILAN, April 20- European shares dipped on Friday at the end of a strong week as a rally in commodities softened, sparking profit-taking among mining stocks, although strong earning updates boosted shares in Ericsson and Telia. Jitters over possible trade wars, faster rate hikes in the United States and a regulatory crackdown on big tech groups sent the STOXX to...