×

CNBC Utilities Page Wires

  • Sky News and the Financial Times had reported earlier on Sunday that the two companies were in talks. Sky News said the talks could culminate in a joint venture. http://bit.ly/2s88bPN. ICU Medical reported its first quarter results earlier in the month with revenues of $372 million and net income of $4.9 million.

  • ROME, May 27- Efforts to form a coalition government collapsed on Sunday after the Italian president rejected a eurosceptic pick for the key economy ministry, triggering a possible constitutional crisis and opening the prospect of fresh elections. The leaders of the two parties trying to field a government, the far-right League and anti-establishment 5-...

  • May 27- British engineering firm Smiths Group Plc and U.S.-based ICU Medical Inc are in talks about a merger of their medical device businesses, a person familiar with the discussions told Reuters. The talks are at a very early stage, according to the person. Sky News and the Financial Times had reported earlier on Sunday that the two companies were in talks....

  • ROME, May 27- Italy's efforts to form a government broke down on Sunday after the president rejected a eurosceptic pick for the key economy ministry, triggering a potential constitutional crisis and opening the prospect of fresh elections. The leaders of the two anti-establishment parties trying to field a government, the far-right League and the 5- Star...

  • BRUSSELS, May 27- France and Germany are pushing for an EU-wide initiative to fund innovation and research in tech start-up projects across the bloc so that Europe can compete more effectively against the likes of China and the United States. Europe has long been seen as a laggard in developing new technologies compared with the United States, which has a strong...

  • VANCOUVER/ WINNIPEG, Manitoba, May 27- As a hard deadline set by Kinder Morgan Canada Ltd for scrapping a key pipeline expansion looms, there is growing doubt among investors, contractors and government officials about reaching a deal to save the C $7.4 billion project. The company, a unit of Houston- based Kinder Morgan Inc, set a May 31 deadline to decide if it will...

  • AUSTIN, Minn.— The U.S. Department of Agriculture is recalling more than 228,000 pounds of Spam and another product made by Minnesota- based Hormel after four consumers complained about metal objects in the food. The USDA's Food Safety and Inspection Service says the canned chicken and pork in question was produced in February at the company's plant in Fremont,...

  • MILAN, May 27- Italy's Prime Minister-designate Giuseppe Conte gave up on efforts to form a government on Sunday after the president apparently rejected his pick for the economy ministry, increasing the likelihood of another election this year. But the president rejected Conte's candidate to the Economy Ministry, the 81- year-old eurosceptic economist...

  • ROME— The Latest on the drawn-out process of forming Italy's new government:. Italian Premier-Designate Giuseppe Conte says he tried his hardest to form the country's next government and had full cooperation from would-be coalition partners, the populist 5- Star Movement and League parties. Conte, a University of Florence law professor without political...

  • MILAN, May 27- Italy's president rejected Prime Minister-designate Giuseppe Conte's pick for the economy ministry, a political source said on Sunday, a veto that may lead to another election this year. Conte, a little-known law professor with no political experience, took his list of ministers to President Sergio Mattarella, but the president rejected Conte's...

  • MONTREAL, May 27- Canada's Bombardier Inc on Sunday announced two new longer-range variants of its existing large-cabin Global business jets, which the company expects to generate higher revenues during a time of recovering appetite for corporate planes. The Global 5500, which lists for $46 million, has a range of 5,700 nautical miles and can connect Sao...

  • MILAN, May 27- Italy's president summoned Prime Minister-designate Giuseppe Conte to his office on Sunday in a move that could break a long-running political deadlock and open the way for the formation of a coalition government. Mattarella has opposed Conte's candidate to the Economy Ministry, 81- year-old eurosceptic economist Paolo Savona, since giving...

  • OMAHA, Neb.— The bidding for a private lunch with investor Warren Buffett begins at the relative bargain of $25,000, but by the end of the week the price is likely to top $2 million again. The high price people are willing to pay for time with Buffett benefits the Glide Foundation, which helps the homeless in San Francisco. Buffett has raised over $26 million for the...

  • MILAN, May 27- Italy's president summoned Prime Minister-designate Giuseppe Conte to his office on Sunday in a move that could break a long-running political deadlock and open the way for the formation of a coalition government. Mattarella has opposed Conte's candidate to the Economy Ministry, 81- year-old eurosceptic economist Paolo Savona, since giving...

  • SAO PAULO— A strike by Brazilian truckers that has caused shortages at gas stations and supermarkets across Latin America's biggest country entered a seventh day Sunday with no immediate solution in sight. The Folha de S. Paulo newspaper said on Sunday that the strike has resulted in nearly $3 billion in losses since it began on May 21. President Michel Temer on...

  • Disney and Lucasfilm's "Star Wars" prequel is now looking to make $101 million in North America during its four-day holiday weekend debut. The film, directed by Ron Howard, follows Alden Ehrenreich as a young Han Solo, who befriends his future co-pilot and Wookie companion Chewbacca, and meets the notorious gambler Lando Calrissian. Emilia Clarke, Woody...

  • NEW YORK— In the largest disturbance yet in Disney's otherwise lucrative reign over "Star Wars," the Han Solo spinoff "Solo: A Star Wars Story" opened well below expectations with a franchise-low $83.3 million in ticket sales over the three-day weekend in North American theaters. Disney estimated Sunday that "Solo" will gross $101 million over the four-day...

  • PHOENIX— About six years ago, an elected Arizona utility regulator who is now accused of accepting bribes had $31,000 funneled to him from a water company owner and tried to get the owner to buy him a $350,000 piece of land, authorities said. In exchange, then-Corporation Commissioner Gary Pierce voted for a rate increase that benefited the water company and...

  • By Stephen Jewkes and Steve Scherer. MILAN, May 27- Italy's president summoned Prime Minister-designate Giuseppe Conte to his office on Sunday in a move that could break a long-running political deadlock and open the way for the formation of a coalition government. Because of Mattarella's opposition to Conte's candidate for the Economy Ministry, 81-...

  • BEIJING, May 27- China's Defence Ministry on Sunday expressed its opposition to what it called "provocation" by two U.S. warships that sailed near South China Sea islands claimed by China. The U.S. action seriously infringed upon Chinese sovereignty because the warships entered Chinese territorial waters without permission, the ministry said in a short...