×

CNBC Utilities Page Wires

  • HAVANA, July 21- A draft of Cuba's new constitution omits the aim of building communism, recognizes private property and opens the door to gay marriage, in a sign of changing times, although it keeps the Communist Party as the guiding force of the one-party system. Cuba's national assembly is this weekend debating a draft of the document to replace its Soviet-era...

  • MILAN/ LONDON, July 21- Sergio Marchionne bowed out on Saturday as one of the auto industry's most demanding and tenacious chief executives, his health in crisis after a career in which he rescued Fiat and Chrysler, two of its most storied brands. Fourteen years after he first took the wheel of Fiat, the gruff 66- year-old was replaced as boss of the Fiat Chrysler...

  • WASHINGTON, July 21- Fiat Chrysler Automobiles NV's new chief executive Mike Manley, who has overseen the effort to turn Jeep into a global brand, now plans to carry out the parent company's strategy unveiled last month, the company said Saturday. "The success of the Jeep brand under Mike Manley and his global background make him the smart choice to be the new head of...

  • BUENOS AIRES, July 21- The United States sought to woo Europe and Japan with free trade deals on Saturday to gain leverage in an escalating tariff war with China but its overtures faced stiff resistance from France at a G20 finance ministers meeting dominated by trade tensions. French Finance Minister Bruno Le Maire said the European Union would not consider...

  • Steve Paul, owner of the Test Drive Technologies inspection service in the St. Louis area, said he issued a written report for the company in August 2017. He also told The Associated Press that the tourist boats' canopies make them hard to escape when they sink— a concern raised by regulators after a similar sinking in Arkansas killed 13 people in 1999..

  • Foreign Minister Luis Videgaray and Economy Minister Ildefonso Guajardo spoke with Marcelo Ebrard, Graciela Marquez and Jesus Seade, who have been designated by president-elect Andres Manuel Lopez Obrador as foreign minister, economy minister and NAFTA negotiator, respectively. Lopez Obrador, a former Mexico City mayor, won the country's July 1...

  • BUENOS AIRES, July 21- French Finance Minister Bruno Le Maire said on Saturday the European Union could not consider negotiating a free trade agreement with the United States without Washington first withdrawing its tariffs on steel and aluminum. Speaking to reporters at the G20 finance ministers and central bank governors meeting in Buenos Aires, Le Maire...

  • The nomination of Mike Manley as CEO of Fiat Chrysler marks a turning point for the carmaker, putting a brand with historic Italian roots in the hands of someone with no ties to Italy— a Brit who showed his mettle by growing the quintessentially American Jeep into a global brand. Manley has been one of the closest collaborators with the company's longtime leader...

  • SAN DIEGO— Warner Bros. brought out all the stops Saturday at Comic-Con with an army of stars, surprises and new footage from films like "Aquaman,"'' Shazam! Jason Momoa, Gal Gadot, Chris Pratt, Johnny Depp and Nicole Kidman were just a few of the starry names to grace the stage of the comic book convention's Hall H. Director James Wan, best known for his "Conjuring" films,...

  • *Marchionne's condition worsened in "recent hours"- statement. MILAN/ PARIS, July 21- Fiat Chrysler named on Saturday its Jeep division boss Mike Manley to take over immediately from Chief Executive Sergio Marchionne, who is seriously ill after suffering major complications following surgery. The carmaker said British-born Manley, who also takes...

  • MILAN, July 21- Fiat Chrysler said on Saturday that boss Sergio Marchionne, 66, would not be returning to work because he was gravely ill. Manley had worked as DaimlerChrysler's head of network development in Britain since 2000, having earlier worked for several years in car dealership. At Chrysler, he headed product planning and all sales activities outside of...

  • BUENOS AIRES, July 21- Bank of Japan Governor Haruhiko Kuroda issued a plea on Saturday for leaders of major economies to step back from a tariff war, and said stable currency markets were to everyone's benefit. President Donald Trump that Europe and China were manipulating their currencies in favour of their economies. Kuroda also sent hoped debate at the G20...

  • *Marchionne's condition worsened in "recent hours"- statement. MILAN/ PARIS, July 21- Sergio Marchionne was replaced as chief executive of Fiat Chrysler on Saturday by the head of the firm's Jeep division, Mike Manley, after the health of the carmaker's long-time boss deteriorated sharply following surgery. British-born Manley, who also takes responsibility for...

  • HAVANA, July 21- The draft of Cuba's new constitution opens the path to gay marriage by defining matrimony as between two individuals rather than between a man and a woman, a top government official told parliament on Saturday. The move reflects a trend in Latin America where same-sex couples have been allowed to marry in Argentina, Brazil, Colombia, Uruguay and...

  • MILAN, July 21- Luxury sports carmaker Ferrari said on Saturday it had appointed board member Louis Camilleri as its new chief executive, replacing Sergio Marchionne who is seriously ill. In an emergency meeting called after Marchionne's health worsened, the Ferrari board also named John Elkann as chairman and gave Camilleri powers to oversee the company's...

  • July 21- CNH Industrial says:.

  • MILAN/ PARIS, July 21- The health of Sergio Marchionne, long-time boss of carmaker Fiat Chrysler, worsened on Saturday and he has been replaced as chief executive by Mike Manley, the head of the firm's Jeep division, FCA said in a statement. FCA said British-born Manley, who will also take on the responsibilities for the North America region, would proceed with the...

  • CORRECTED-FERRARI SAYS NAMES JOHN ELKANN AS CHAIRMAN REPLACING MARCHIONNE.

  • *Casado calls for party unity, a strong Spain in EU. MADRID, July 21- Spain's conservatives shifted to the right on Saturday, electing a traditionalist as leader as they seek to re-establish a clear political identity less than two months after being removed from government. Pablo Casado won a clear victory in the ballot of People's Party members, and launched his...

  • Treasury Secretary Steven Mnuchin said Saturday that the overall U.S. economy has not been harmed by the trade battles set off by President Donald Trump's get-tough policies although some individual sectors have been hurt. Mnuchin spoke to reporters on the sidelines of meetings of finance ministers and central bank presidents from the Group of 20 nations,...