CNBC Utilities Page Wires

  • The logo of Softbank is displayed at a press briefing on Softbank's new service in Tokyo on January 15, 2018. 

    SoftBank's IPO is widely regarded as finalising the group's transition from domestic telco to a global tech investor.

  • Customers browse produce during the grand opening of the Lidl Ltd. store in Virginia Beach, Virginia.

    World food prices declined in November to their lowest level in more than two years.

  • President Donald Trump and Russian President Vladimir Putin arrive for a joint news conference after their meeting in Helsinki, July 16, 2018. 

    Russian President Vladimir Putin says Russia would be forced to respond if the U.S. exits the Intermediate-range Nuclear Forces arms control treaty. 

  • BERLIN, Dec 4- Airbus and Lockheed Martin said on Tuesday they are teaming up to meet a growing demand for aerial refuelling from the U.S. Air Force, nearly eight years after the European planemaker lost an initial battle with Boeing. The U.S. Air Force, which wants to ultimately replace its entire fleet of more than 400 tankers, is looking to meet growing demand for...

  • BERLIN, Dec 4- Airbus and Lockheed Martin said on Tuesday they are teaming up to meet a growing demand for aerial refueling from the U.S. Air Force, nearly eight years after the European planemaker lost an initial battle with Boeing. The U.S. Air Force, which wants to ultimately replace its entire fleet of more than 400 tankers, is looking to meet growing demand for...

  • BOGOTA, Dec 4- Fitch credit rating agency on Tuesday expressed concern over Colombia's fiscal situation in 2020, because a diluted tax reform heading through congress forces the government to cut spending and pressures the deficit targets. The government last week made major changes to its tax bill, known as the financing law, leaving it with a little over half...

  • The company topped profit estimates for the third quarter when excluding a 5- cent per share impact from hurricanes Florence and Michael, but said the fallout would reduce its holiday-quarter profit by 4 cents. One of America's biggest discount chains, the company warned that if Washington followed through on threats to raise tariffs to 25 percent, it was...

  • SPREAD BETWEEN U.S. 2- YEAR, 10- YEAR TREASURY YIELDS SHRINKS BELOW 10 BPS TO TIGHTEST LEVEL IN OVER A DECADE.

  • Dec 4- Wall Street fell more than 2 percent on Tuesday, led by bank stocks as a flattening U.S. Treasury yield curve set off warning lights about slowing growth and on fading hopes of a speedy resolution to the U.S.- China trade spat. The declines, which put the benchmark S&P 500 on course for its biggest one-day percentage drop in six weeks, more than erased Monday's...

  • OTTAWA, Dec 4- The Bank of Canada on Tuesday named economics professor Paul Beaudry to be one of the four deputy governors at the central bank, starting in February next year. Beaudry, who works at the University of British Columbia's Vancouver School of Economics, replaces Sylvain Leduc, who quit in July 2018 after serving two years, the bank said in a statement.

  • WASHINGTON, Dec 4- Trump administration officials on Tuesday were expected to push senior executives of leading German automakers to expand their investments in the United States as the White House considers imposing new tariffs on European-made vehicles. Trade Representative Robert Lighthizer and White House economic adviser Larry Kudlow were among...

  • WASHINGTON, Dec 4- Residential real estate transactions under $400,000 would no longer require an appraisal under a proposal announced on Tuesday by U.S. banking regulators. The Federal Reserve Board said the current threshold for appraisals of $250,000 has not been raised since 1994, as it proposed the rule in conjunction with the Federal Deposit...

  • CHICAGO, Dec 4- U.S. soybean futures edged higher on Tuesday on hopes that a U.S.- China trade war truce over the weekend would result in fresh Chinese demand for U.S. soybeans, although no deals have been struck yet. "The market's taking a wait-and-see approach with China," said Jim Gerlach, president of A/C Trading. Chicago Board of Trade January soybeans were up 3-3/ 4...

  • BRUSSELS, Dec 4- Google, Amazon, Apple and other tech giants face one of their biggest challenges this week as a key EU lawmaking committee prepares to take a tough stance on legislation designed to curb their power and boost the rights of businesses. In a bid to ensure a level playing field between the tech companies and bricks-and-mortar businesses, the European...

  • OTTAWA, Dec 4- The Bank of Canada on Tuesday named economics professor Paul Beaudry to be one of the four deputy governors at the central bank, starting in February next year.

  • WASHINGTON, Dec 4- Two Republican senators said on Tuesday they were more certain than ever that Saudi Crown Prince Mohammed bin Salman was culpable in the killing of journalist Jamal Khashoggi after receiving a CIA briefing on the matter.

  • GENEVA, Dec 4- OPEC has problems with some oil producers, and the reasons for Qatar's exit from the organisation must be examined, Iranian Oil Minister Bijan Zanganeh said on Tuesday, according to the Islamic Republic News Agency. Qatar said on Monday it will quit OPEC to focus on gas in a swipe at Saudi Arabia, the de facto leader of the oil exporting group which is...

  • NEW YORK, Dec 4- Jamie Dimon, chief executive of JPMorgan Chase& Co, on Tuesday said he favors using the bank's excess capital to reinvest in its business instead of buying back stock. "Stock buyback, in my opinion, is a very good thing to do when your stock is cheap," he said at an investor conference hosted by Goldman Sachs Group Inc.. The comments on buybacks come after...

  • *Palladium hits record high of $1,239.50/ oz. Spot gold rose 0.5 percent to $1,237.44 per ounce at 12:22 p.m. EST, after earlier hitting $1,241.86, the highest since Oct. 26. Palladium climbed 2.6 percent to $1,235 per ounce, having earlier jumped to an all-time high of $1,239.50.

  • President Donald Trump on Tuesday held out the possibility of an extension of the 90- day trade truce with China but warned he would revert to tariffs if the two sides could not resolve their differences. Trump said his team of trade advisers led by China trade hawk U.S. Trade Representative Robert Lighthizer would determine whether a "REAL deal" with China was...