CNBC Utilities Page Wires

  • *FTSE 100 down 0.7 pct. The FTSE 100 was down 0.7 percent, lagging its European peers by 0937 GMT. The FTSE 250 was little changed.

  • *PMI points to Q1 GDP growth of 0.1 pct- IHS Markit. LONDON, Feb 21- Factories across the euro zone unexpectedly shunted into reverse this month as activity in manufacturing powerhouse Germany declined again amid trade tensions and struggles in the auto sector, surveys showed. "This does not mean that growth worries are over as the manufacturing output index...

  • *Aussie falls as China's Dalian port bans Australian coal imports. *London, Frankfurt, Paris inch lower, U.S. futures up. LONDON, Feb 21- Signs the United States and China were tackling some of the stickiest issues in their trade war kept world shares near a four-month high on Thursday, though it could not prevent a favourite Chinese proxy, the Aussie dollar, hitting the...

  • *French business survey surprises to the upside. LONDON, Feb 21- Euro zone government bond yields rose after surveys showed business activity was surprisingly firm in February, particularly in France, though poor manufacturing readings across the bloc kept a lid on the move. This initially pushed euro zone yields 2-3 basis points higher across the board, but...

  • JEWELLERY BRAND APM MONACO LOOKS FOR BUYER, DEAL COULD FETCH CLOSE TO $1 BLN- SOURCES.

  • LONDON, Feb 21- Leading British defence contractor BAE Systems said German moves to block exports to Saudi Arabia could damage its major deals with the country and weigh on its financial performance. Germany's government is trying to halt weapons exports to Saudi Arabia after the killing of Saudi journalist Jamal Khashoggi in the Saudi consulate in Istanbul...

  • SEOUL, Feb 21- South Korean tech firms Netmarble and Kakao as well as U.S. private equity firms Blackstone and Bain Capital submitted initial bids for control of gaming firm Nexon, the Korea Economic Daily said. Netmarble, a mobile gaming firm backed by Chinese tech giant Tencent, partnered with South Korean private equity fund MBK Partners for the bid, the report...

  • STOCKHOLM, Feb 21- The Swedish financial authority FI said on Thursday the allegations made in a media report linking Swedbank to a regional money laundering scandal involving Danske Bank were "very serious" and would be included in its ongoing supervisory activities. "The disclosures are very serious and will be included in FI's ongoing and future...

  • *Q4 EBITDA up 1.4 pct on comparable basis to 3.33 billion euros. *No swift consolidation of France's telco sector- CFO. PARIS, Feb 21- Orange, France's number one telecoms operator, struck a cautious tone for 2019 due to a protracted price war in its home country and few chances of a merger between its rivals that could improve market conditions.

  • *China shares falter, Beijing to not cut rates to spur growth. The MSCI index of emerging market shares rose 0.25 percent and touched a three week high, after Reuters reported the United States and China are drawing up six memorandums of understanding on structural issues. Russia and Turkey made muted gains, while South Africa turned lower.

  • MOSCOW, Feb 21- Gazprom Neft, the oil arm of Russian gas producer Gazprom, on Thursday reported a 48.7 percent jump in 2018 net profit to 376.7 billion roubles buoyed by higher prices and output. Russia's fastest-growing oil producer by output, Gazprom Neft said it expects production to rise by 2 percent this year despite a global deal to curb production.

  • EDINBURGH, Feb 21- Britain's Serco raised its 2019 profit and revenue forecasts on Thursday, buoyed by a run of recent contract wins that mark a bright spot in a troubled outsourcing sector beset by what CEO Rupert Soames called "the fog of Brexit." Under Soames, a grandson of British wartime prime minister Winston Churchill, Serco is at the tail end of restructuring...

  • OSLO, Feb 21- The Norway central bank has mandated Danske Bank, DNB Markets, Nordea and SEB to manage its upcoming 10- year government bond, due on Sept 2029, it said on Thursday.

  • STOCKHOLM, Feb 21- Swedbank's shares slid more than 7 percent on Thursday, adding to heavy losses from a day earlier when a report linked one of the biggest lenders in the Baltic countries to a regional money laundering scandal involving Danske Bank. Danske is being investigated in five countries over some 200 billion euros of suspicious payments from Russia,...

  • TOKYO, Feb 21- Japan's government kept its assessment of the economy unchanged in February, but a series of weak data on corporate sentiment, capital expenditure and exports shows the U.S.- China trade war is hurting the outlook for the world's third-largest economy. The Cabinet Office left unchanged its assessment that exports have weakened recently, which...

  • *Dividend to increase to 70 from 65 cents per share. BONN, Germany, Feb 21- Deutsche Telekom forecast that its earnings would continue to grow in 2019 but by less than expected as Chief Executive Tim Hoettges looks to close a key U.S. merger, acquire spectrum and roll out 5 G services. After a 5 percent rise in 2018 core profit, Europe's leading mobile operator expects...

  • *China Enterprises index HSCE rises 0.68 percent. Feb 21- Hong Kong shares rose on Thursday as signs of progress in trade talks between the United States and China boosted investor hopes that the countries could reach an agreement to end their bruising seven-month trade war. **The United States and China have started to outline commitments in principle on the...

  • PARIS, Feb 21- French conglomerate Bouygues predicted an increase in earnings for 2019 and growth at its telecoms arm after posting higher 2018 profits that lifted its shares. Core earnings at Bouygues Telecom, France's third-biggest mobile operator which Bouygues failed to merge with market leader Orange in 2016, rose by 171 million euros from a year...

  • *2018 profit 3.5 bln stg versus forecasts 3.8 bln stg. LONDON, Feb 21- Barclays reported a lower than forecast attributable profit of 3.5 billion pounds for 2018, as it set aside cash to cushion against Brexit losses and its trading business weathered a difficult fourth quarter. Barclays Chief Executive Jes Staley is locked in a high-profile tussle over the...

  • OSLO, Feb 21- Oil and gas companies working in Norway have lowered their investment forecasts for 2019 to 172.7 billion crowns from 175.3 billion crowns seen in November, a survey by the country's statistics agency showed on Thursday. Equinor is Norway's largest oil company, competing with the likes of Aker BP, Lundin Petroleum, Total or Shell.