CNBC Utilities Page Wires

  • LONDON, Oct 16- There is still a one-in-four chance Britain and the European Union part ways in less than six months without reaching a deal, according to a Reuters poll taken as EU leaders prepare to meet in Brussels later this week. Both sides want to finalise talks by mid-November to give parliaments in London and Brussels time to approve a deal before Britain...

  • BEIJING, Oct 16- Following is a breakdown of China's producer price index for September, published by the National Bureau of Statistics on Tuesday.:. Sep Aug Jul Jun May Apr Mar Feb Jan Dec Nov Oct Sep Overall 3.6 4.1 4.6 4.7 4.1 3.4 3.1 3.7 4.3 4.9 5.8 6.9 6.9. production 4.6 5.2 6.0 6.1 5.4 4.5 4.1 4.8 5.7 6.4 7.5 9.0 9.1 Extraction 11.7 12.1 13.4 11.5 8.1 6.1 5.0 6.4 6.8 9.1.

  • BEIJING, Oct 16- Following is a breakdown of China's consumer price index for September, published by the National Bureau of Statistics on Tuesday.:. Sep Aug Jul Jun May Apr Mar Feb Jan Dec Nov Oct Sep Overall 2.5 2.3 2.1 1.9 1.8 1.8 2.1 2.9 1.5 1.8 1.7 1.9 1.6 Urban 2.4 2.3 2.1 1.8 1.8 1.8 2.1 3.0 1.5 1.9 1.8 1.9 1.7 Rural 2.5 2.3 2.0 1.9 1.7 1.7 1.9 2.7 1.5 1.7 1.5 1.7 1.4 Food...

  • *Asian stocks bounced modestly on Tuesday, gaining a toe-hold after a week of heavy losses, although increasing tensions between Saudi Arabia and the West fanned geopolitical concerns and capped gains. *Saudi Arabia is preparing to acknowledge the death of Saudi journalist Jamal Khashoggi in a botched interrogation, CNN and the New York Times said on Monday,...

  • CHINA SEPTEMBER PPI +3.6 PCT FROM A YEAR AGO.

  • CHINA SEPTEMBER CPI +2.5 PCT FROM A YEAR AGO.

  • TOKYO, Oct 16- Asian stocks bounced modestly on Tuesday, gaining a toe-hold after a week of heavy losses, although increasing tensions between Saudi Arabia and the West fanned geopolitical concerns and capped gains. President Donald Trump has sent Secretary of State Mike Pompeo to Saudi Arabia over the case, potentially straining the relationship between the...

  • TOKYO, Oct 16- The World Steel Association on Tuesday doubled its 2018 and 2019 forecasts for global demand growth for the material used in everything from cars to construction, but warned that the outlook was clouded by trade tensions. Steel demand is expected to rise 1.4 percent next year to reach 1.681 billion tonnes, the body, commonly known as worldsteel, said...

  • BRASILIA, Oct 15- Brazilian police have referred two former executives of food processor BRF SA to federal prosecutors in an investigation into food safety that disrupted meat production in 2017, documents seen by Reuters showed on Monday. The allegation is that former BRF Chairman Abilio Diniz and former Chief Executive Officer Pedro de Andrade Faria did...

  • The company initially said the blackout would last until at least Monday evening, and some schools canceled classes in the six affected northern California counties. The power outage, which started on Sunday, came just days after California's Department of Forestry and Fire Protection found that last year's Cascade Fire in Yuba County, which burned nearly...

  • TOKYO, Oct 16- Growth in global steel demand is expected to slow to 1.4 percent next year to reach 1.681 billion tonnes, the World Steel Association said on Tuesday. In 2018, global steel demand is on course to grow 3.9 percent to 1.658 billion tonnes, driven by top consumer China, it added. Steel use in China is expected to rise 6.0 percent this year to 781 million...

  • LONDON, Oct 15- Hedge fund managers have continued to take profits on their bullish positions in crude oil as the late summer rally has faded and fears about oil consumption and the state of the economy have replaced concerns over sanctions on Iran. The earlier bullishness was driven mostly by concerns about a possible shortage of crude oil once U.S. sanctions on...

  • Oct 15- Cloud communications provider Twilio Inc said on Monday it would buy email technology firm SendGrid Inc in an all-stock deal valued at about $2 billion. Startups such as Airbnb Inc and Lyft Inc use the service to send text message notifications to users, for example. Firms such as Uber Technologies Inc and Spotify Technology SA use SendGrid's services.

  • Are you worried the U.S.- China trade conflict will affect your business? Is the U.S.- China trade conflict affecting your business? If you have an export base in China, are you considering moving your business out of China?

  • SHANGHAI, Oct 16- China will soon host a huge trade fair to highlight its commitment to free trade and show off its willingness to import, but skeptical foreign businesses and diplomats say they want to see concrete policy changes to improve market access. The U.S. embassy in China declined to comment. The expo was a "broadly positive gesture" that China wants to...

  • *Some, albeit small proportion, may shift output out of China. TOKYO, Oct 16- The number of Japanese companies affected by the U.S.-Sino trade war has jumped to a third, soaring from just 3 percent in May with firms fretting about prospects for their exports from China as well as slower Chinese demand, a Reuters poll found. The survey also showed 53 percent of firms were...

  • REUTERS POLL: 33 PCT OF JAPAN FIRMS SAY BUSINESS AFFECTED BY THE U.S.- CHINA TRADE WAR, COMPARED WITH JUST 3 PCT IN MAY.

  • LONDON, Oct 16- Cryptocurrency exchange Coinbase has opened an office in Dublin, it said on Tuesday, joining the growing ranks of banks and financial firms with major British businesses developing European Union outposts as Britain's exit from the bloc looms. San Francisco- based Coinbase, one of the biggest U.S. exchanges, said the Dublin office would let it keep...

  • RIO DE JANEIRO, Oct 15- Brazil's far-right presidential front-runner Jair Bolsonaro could revise the country's model of production-sharing contracts in its coveted pre-salt oil fields if he wins this month's election, newspaper Valor reported on Monday. Brazil's production-sharing contract model for its pre-salt oil fields was rolled out by the leftist...

  • VULCAN INC, ON BEHALF OF THE ALLEN FAMILY, SAYS PAUL ALLEN, 65, DIED ON MONDAY AFTERNOON, FROM COMPLICATIONS OF NON-HODGKIN'S LYMPHOMA IN SEATTLE.