CNBC Utilities Page Wires

  • NIGERIA'S DEBT MANAGEMENT OFFICE SAYS AUCTIONS 100 BLN NAIRA OF 5-, 7-, 10- YEAR BONDS.

  • WASHINGTON, Aug 15- U.S. retail sales rose more than expected in July as households boosted purchases of motor vehicles and clothing, suggesting the economy remained strong early in the third quarter. Strong domestic demand supports expectations the Federal Reserve will raise interest rates in September for the third time this year, despite volatility in...

  • CHICAGO, Aug 15- U.S. grains and oilseed futures fell on Wednesday, pressured by broad selling in commodities and equities as a firmer dollar prompted worries about export prospects for American supplies, traders and analysts said. Crude oil is down, stock markets are down, "said Price Futures Group analyst Jack Scoville. Chicago Board of Trade September wheat was...

  • NEW YORK, Aug 15- Oil companies bid on less than 1 percent of the parcels offered in a sweeping U.S. auction of Gulf of Mexico exploration leases on Wednesday, showing tepid interest in the region for the second time this year. In total, 23 companies bid in the U.S. Bureau of Ocean Energy Management's auction. Gulf of Mexico has faced waning interest in recent years as...

  • The parent company of Corona beer and other alcoholic drinks is expanding its partnership with a Canadian pot producer, betting on the continued growth in the medical and recreational cannabis markets. Constellation Brands Inc. said Wednesday it's buying 104.5 million shares worth $4 billion in Canopy Growth Corp., boosting its stake in the company to 38...

  • WASHINGTON, Aug 15- The U.S. Securities and Exchange Commission has sent subpoenas to Tesla Inc regarding Chief Executive Elon Musk's plans to take the company private and his statement that funding was "secured," Fox Business Network reported on Wednesday, citing sources. Subpoenas typically indicate the SEC has opened a formal investigation into a matter.

  • LONDON, Aug 15- German Bund yields hit their lowest in over a month late on Wednesday as Turkey's currency crisis rumbled on and global trade worries grew, fuelling demand for safe-haven assets. Explaining the move lower in Bund yields, Antoine Bouvet, rates strategist at Mizuho, said that while Wednesday was not the worst day for EM assets, or Italy, the move higher...

  • *Italy starts audit of bridges, tunnels. GENOA, Italy, Aug 15- Italian rescuers searched for survivors among towering slabs of concrete wreckage in Genoa on Wednesday after a bridge collapse killed 39 people and sparked a furious government reaction against the viaduct's operator. The 50- year-old bridge, part of a toll motorway linking the port city of Genoa...

  • *FTSE 100 ends down 1.7 pct. LONDON, Aug 15- Britain's top share index sank on Wednesday as emerging markets stress and a sharp selloff in commodities drove down stocks across Europe, with investors running scared after trade spat deepened between Turkey and the United States. Markets globally have been hit by the financial crisis in Turkey and the FTSE joined...

  • BITCOIN CLIMBS ABOVE $6,600, LAST UP 6.51 PCT AT $6,596.61 ON BITSTAMP.

  • Aug 15- Twitter Inc has banned U.S. conspiracy theorist Alex Jones from tweeting for seven days, saying one of his tweets violated its content policy. The microblogging site has not suspended his account, but has asked Jones to delete the tweet. As per Twitter's policy, while Jones can browse and send direct messages to his followers, he would not be able to tweet,...

  • ETHEREUM RISES ABOVE $300, EXTENDS EARLIER GAINS, LAST UP 8.74 PCT AT $301.76 ON BITSTAMP.

  • *July UK inflation as forecast, markets unmoved. LONDON, Aug 15- Sterling fell on Wednesday for the 12th consecutive day as the U.S. dollar strengthened, leaving the pound at its weakest since June 2017 and facing its longest losing streak since the depths of the financial crisis in 2008.. Sterling has weakened sharply in August as traders grow increasingly...

  • TESLA COVERAGE DISCONTINUED AT GOLDMAN, SAYS ACTING AS FINANCIAL ADVISOR- STREETINSIDER.

  • WASHINGTON, Aug 15- Corey Lewandowski, President Donald Trump's former campaign manager, touted on Wednesday benefits he sees in federal government approval of T-Mobile US Inc's bid to acquire Sprint Corp, while also denying that he has worked directly for the company. "I have no idea what the Justice Department does on it. I haven't spoken to anyone at the Justice...

  • ANCHORAGE, Alaska— Daryl Weathers remembers trying to pull men from the sea off Alaska's Aleutian Islands after a U.S. Navy destroyer hit a mine left by the Japanese following the only World War II battle fought on North American soil. "They were so slippery, you couldn't get ahold of them," the 94- year-old Weathers said this week from his home in Los Angeles.

  • LONDON, Aug 15- European shares sold off sharply on Wednesday after Turkey doubled tariffs on some U.S. imports, and miners had their worst day since Britain's 2016 Brexit vote on sliding commodity prices. "In a market highly sensitive to downside sentiment, todays Tencent result could prove a fresh catalyst for continued emerging market pressure," said Douglas...

  • *New games approval frozen due to China government restructuring. HONG KONG, Aug 15- Chinese technology giant Tencent Holdings Ltd has "no clarity" on when it may get approval to start charging for its most popular game, it said on Wednesday, after reporting its first quarterly profit fall in nearly 13 years on weak gaming revenue. Company president Martin Lau said "...

  • HARRISBURG, Pa.— A grand jury report into child sexual abuse in Roman Catholic dioceses in Pennsylvania says church officials gave a former priest a positive reference to work at Disney World, even though they'd fielded at least one complaint about him sexually abusing a boy. The ex-priest, Edward Ganster, went on to work at Disney World. The report cites a letter...

  • NEW YORK— A tight labor market and a shrinking pool of talented workers make "I'm quitting" some of the most dreaded words a small business owner can hear. Staff turnover is a fact of life, but it's particularly painful at small companies competing with larger businesses for workers. But he also discovered after talking to employees that they felt the culture in his...