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CNBC Utilities Page Wires

  • *Oil markets tight on OPEC cuts, looming U.S. sanctions on Iran. SINGAPORE, May 22- Oil prices rose on Tuesday on concerns that Venezuela's crude output could drop further following a disputed presidential election and potential U.S. sanctions on the OPEC- member. "is tight and the U.S. will probably tighten sanctions on Venezuela which will make the Venezuela...

  • May 21- Some Boeing Co workers at the planemaker' s factory in South Carolina will vote on union representation later this month, the Wall Street Journal reported https://on.wsj.com/2xav6Px on Monday, citing U.S. labor regulators. The National Labor Relations Board has ruled that 178 technicians at the Boeing facility, which produces the 787 Dreamliner jets...

  • SYDNEY, May 22- U.S. soybean futures edged lower on Tuesday, retreating from an 11- day high as the U.S. Department of Agriculture said planting was progressing ahead of market forecasts, easing fears about possible yield losses. *The most active soybean futures on the Chicago Board Of Trade were down 0.3 percent at $10.22-1/ 4 a bushel by 0142 GMT, having firmed 2.7...

  • PUTRAJAYA, Malaysia— Former Malaysian Prime Minister Najib Razak was being questioned Tuesday by anti-corruption police about a graft scandal that could lead to criminal charges against him. U.S. investigators say Najib's associates stole and laundered $4.5 billion from the fund, some of which landed in Najib's bank account. A government official has said...

  • WASHINGTON, May 21- The U.S. House of Representatives will vote for a second time on a massive farm bill after the measure was defeated last week, the No. 3 Republican in the chamber said, according to Roll Call newspaper. The vote on the $867 billion bill will be held on June 22, Republican Representative Steve Scalise said, Roll Call reported. Prior to the farm bill vote,...

  • SINGAPORE, May 22- London copper rose for a second session on Tuesday and the market in Shanghai hit a one-week high, with prices underpinned as the chance of a U.S.-China trade war appeared to fade. Shanghai lead futures jumped 3.6 percent to their highest since October, tracking last session's gains on the London Metal Exchange. *LEAD: Shanghai lead futures...

  • SINGAPORE, May 22- The dollar traded below a five-month high against a basket of currencies on Tuesday, catching its breath after a broad rally inspired by rising U.S. bond yields and relief at an easing of U.S.- China trade tensions. A pull-back in U.S. 10- year Treasury yields from seven-year highs set last week likely prompted traders to book some profits on...

  • May 21- Amazon.com Inc said on Monday it had hired Vernon Sanders to help run its television productions, tapping a former NBC executive who oversaw shows such as "The Blacklist," "Friday Night Lights" and "30 Rock" for the U.S. network. The action bolsters the ranks of Amazon's original content division and marks the latest touch of Jennifer Salke, who became head of...

  • *U.S., China agree to drop tariff threats, boost risk appetite. SYDNEY, May 22- The dollar hovered near four-month highs on Tuesday on renewed optimism about global growth as the United States and China agreed to drop their tariff threats, while oil stayed at multi-year peaks over potential sanctions in Venezuela. Beijing and Washington both claimed victory on...

  • *Asian shares extended gains on Tuesday on renewed optimism about global growth as the United States and China agreed to drop their tariff threats, while oil climbed to multi-year peaks over political uncertainty and potential sanctions in Venezuela. *Washington and Beijing both claimed victory on Monday as the world's two largest economies stepped back...

  • *Asian shares extended gains on Tuesday on renewed optimism about global growth as the United States and China agreed to drop their tariff threats, while oil climbed to multi-year peaks over political uncertainty and potential sanctions in Venezuela. *Washington and Beijing both claimed victory on Monday as the world's two largest economies stepped back...

  • *Asian shares extended gains on Tuesday on renewed optimism about global growth as the United States and China agreed to drop their tariff threats, while oil climbed to multi-year peaks over political uncertainty and potential sanctions in Venezuela. *Washington and Beijing both claimed victory on Monday as the world's two largest economies stepped back...

  • *Asian shares extended gains on Tuesday on renewed optimism about global growth as the United States and China agreed to drop their tariff threats, while oil climbed to multi-year peaks over political uncertainty and potential sanctions in Venezuela. *Washington and Beijing both claimed victory on Monday as the world's two largest economies stepped back...

  • TOKYO, May 22- Sony Corp said on Tuesday it would pay about $2.3 billion to gain control of EMI Music Publishing, as it seeks to boost entertainment content assets and shift away from low-margin consumer electronics. Wholly owned unit Sony Corporation of America will buy all of the roughly 60 percent stake in EMI Music held by Mubadala Investment Company, lifting...

  • SHANGHAI LEAD FUTURES JUMP 3.6 PCT TO 20,465 YUAN A TONNE, HIGHEST SINCE OCTOBER, TRACKING LME PRICES.

  • *Oil markets tight on OPEC cuts, looming U.S. sanctions on Iran. SINGAPORE, May 22- Oil prices rose on Tuesday amid worries that Venezuela's crude output could drop further following a disputed presidential election in the country and with potential sanctions on the OPEC- member. "The markets' positive take on' no trade war' and Venezuela's political woes are driving...

  • *Oil markets tight on OPEC cuts, looming U.S. sanctions on Iran. SINGAPORE, May 22- Oil prices rose on Tuesday amid worries that Venezuela's crude output could drop further following a disputed presidential election in the country and with potential sanctions on the OPEC- member. "The markets' positive take on' no trade war' and Venezuela's political woes are driving...

  • May 21- Some Boeing Co workers at the planemaker's factory in South Carolina will vote on union representation later this month, the Wall Street Journal reported https://on.wsj.com/2xav6Px on Monday, citing U.S. labor regulators. The National Labor Relations Board has ruled that 178 technicians at the Boeing facility, which produces the 787 Dreamliner jets...

  • True, the London Metal Exchange price has retreated from April's three-year high of $16,690 as panic that U.S. sanctions on Russia might be extended to Norilsk Nickel has dissipated. In China the Shanghai Futures Exchange contract largely ignored London's Russian jitters but has also just notched up its highest trading level in three years.

  • TOKYO, May 22- Japanese shares dropped on Tuesday morning from 3 1/ 2- month highs hit the previous day, with financial shares leading declines as investors booked profits on signs of an apparent peak-out in U.S. bond yields. The Nikkei dipped 0.1 percent to 22,979 while the Topix fell 0.3 percent to 1,808.30, weighed down by financial sectors.