CNBC Utilities Page Wires

  • NEW YORK, March 21- Levi Strauss& Co's is betting it can convince investors there is still plenty of global growth left for the 165- year old company, but fund managers fret the iconic blue jeans maker's stock may be too pricey to generate a decent return. The San Francisco- based company returned to the public markets Thursday for the first time since it went private...

  • LONDON, March 21- The Bank of England will soon spell out how it wants banks, insurers and investment companies to manage the financial risks from climate change, Governor Mark Carney said on Thursday. Companies will be "expected to embed fully the consideration of climate risks into governance frameworks, including at board level," Carney said in a speech at a...

  • WASHINGTON, March 21- President Donald Trump's national security adviser, John Bolton, said Venezuelan President Nicolas Maduro and his allies would be "strangled financially" if they continued to hold onto power. "As President Trump clearly stated, the toughest sanctions are yet to come. Unless Maduros usurpation ends, he and his cronies will be strangled...

  • *FTSE 100 up 0.9 pct. *FTSE 250 down 0.2 pct. March 21- Britain's FTSE 100 jumped to its highest level in five-and-a-half months as its multinational stocks got a boost from weaker sterling, while results-driven slumps in engineering firm Renishaw and trading platform IG dented the midcap index.

  • *Ralph Nader joins campaign for answers. WASHINGTON/ JAKARTA, March 21- Boeing Co plans to offer as standard a safety feature that might have warned earlier of problems that possibly played a role in the doomed Ethiopian and Indonesian plane crashes that killed almost 350 people, two officials briefed on the matter said Thursday. The March 10 Ethiopian Airlines...

  • LONDON, March 21- Copper prices retreated from eight-month highs on Thursday as the U.S. dollar, which had fallen after dovish comments from the Federal Reserve, rebounded. Benchmark copper on the London Metal Exchange closed 0.5 percent lower at $6,420.50 a tonne after touching a session high of $6,555.50, the highest since July. CHINA VISIT: A U.S. trade...

  • March 21- Comcast Corp said on Thursday it will launch a new internet streaming video service called Xfinity Flex, as the U.S. cable operator targets TV viewers who prefer watching content online over more expensive cable TV packages. Xfinity Flex will be available starting Tuesday only to Comcast's internet customers and will cost $5 per month.

  • NEW YORK, March 21- Interest rates on U.S. 30- year, 15- year fixed-rate mortgages fell to their lowest in over 13 months as bond yields have decreased on worries about a slowing economy and U.S.- China trade tensions, Freddie Mac said on Thursday. Thirty-year mortgage rates averaged 4.28 percent in the week ended March 21, the lowest since 4.22 percent in the week of...

  • *If no change, Britain to leave EU at 2300 GMT on March 29. Fail, and leaders expect to have to meet her again to decide whether to give her a much longer extension-- or pull the plug and let Britain lurch out of the Union without a legal safety net at midnight next Friday, 11 p.m. London time on March 29. "The European Union commits to agreeing, before March 29 2019, to an...

  • Xfinity Flex will be available starting March 26 only to Comcast's internet customers and will cost $5 per month.

  • *AIR CANADA SAYS THAT ALL OF ITS BOEING 737 MAX 8 S DO HAVE THE 2 SAFETY FEATURES THAT WERE OFFERED BY BOEING AT EXTRA COST- CBC NEWS Source: https://bit.ly/2TO5G4Q Further company coverage:.

  • ADDIS ABABA, March 21- Ethiopian experts have begun analyzing the cockpit voice and flight data recorders, the so-called black boxes, of doomed Ethiopian Airlines flight 302 alongside international investigators, Ethiopia's Ministry of Transport said on Thursday. The flight crashed shortly after take-off from Addis Ababa on March 10, killing all 157 aboard.

  • *OPEC's crude output is falling: https://tmsnrt.rs/2Fksq3G. NEW YORK, March 21- Oil fell nearly 1 percent on Thursday, but held near 2019 highs, supported by a tightening of global stocks, OPEC production cuts and U.S. sanctions on key producers Iran and Venezuela. "The market is getting a little hesitant up at these levels," said Phil Flynn, an analyst at Price Futures...

  • LONDON, March 21- The pound plunged on Thursday and was heading for its biggest one-day fall this year on growing fears of a "no-deal" Brexit should British lawmakers hold firm in their rejection of Prime Minister Theresa May's EU divorce deal. "A dollar rally and a broad unwinding of long sterling positions across the board after the recent rally is weighing on the...

  • BERLIN, March 21- A political rift has emerged in Berlin over whether Germany should put its financial muscle behind a merger of Deutsche Bank and Commerzbank, politicians and officials said, complicating a bid to create Europes third-largest bank and fund it. But a dispute is unfolding between the two political parties who govern Germany in coalition, a row...

  • SAN FRANCISCO/ WASHINGTON, March 21- Federal Reserve policymakers see a U.S. economy that is rapidly losing momentum. Fed Chairman Jerome Powell's view of it all? "It feels like the Fed has come to Jesus on this topic," said University of Oregon economics professor Tim Duy, who believes the abrupt revisions to Fed forecasts show the Fed may have already raised...

  • ETHIOPIA'S MINISTRY OF TRANSPORT SAYS ANALYSIS IS UNDERWAY, A PRELIMINARY REPORT WILL BE RELEASED IN LINE WITH ICAO STANDARDS.

  • ETHIOPIA'S MINISTRY OF TRANSPORT SAYS ETHIOPIAN AUTHORITIES, US TEAM LED BY NTSB, FRANCE'S BEA AND EU'S SAFETY AGENCY TO ANALYSE CRASH VOICE AND DATA RECORDINGS.

  • COMCAST CORP SAYS WILL LAUNCH A NEW INTERNET VIDEO STREAMING SERVICE CALLED XFINITY FLEX- CONFERENCE CALL.

  • CHICAGO/ TOKYO, March 21- Biogen Inc and partner Eisai Co Ltd are ending two late-stage trials of their experimental Alzheimer's disease drug aducanumab, a major setback in the quest to find a treatment for the mind-wasting disease and blow to Biogen, which lost more than $18 billion of its value on Thursday. The announcement took a punishing toll on Biogen, whose...