CNBC Utilities Page Wires

  • It's worth bearing this in mind, especially in light of the latest wave of headlines that have followed Prime Minister Theresa May's securing of a European Union divorce deal. To be sure, Brexit has already taken its toll on sterling, and Britain hasn't even left the EU yet. Britain is already expected to be the most sluggish economy in Europe next year along with...

  • Revenue in its application software businesses rose 18 percent to $1.42 billion, beating analysts' average estimate of $1.37 billion, according to IBES data from Refinitiv. That fell short of the IBES estimate of $656.4 million, but beat research firm FactSet's estimate of $648.1 million. Revenue in its infrastructure platform unit, which houses the switches...

  • TOKYO, Nov 15- Asian stocks edged up on Thursday as a steep slide in crude oil prices which had chilled investor sentiment slowed, while the pound and euro were supported after British Prime Minister Theresa May gained cabinet support for a Brexit deal. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.15 percent. The S&P 500 fell for a fifth...

  • SEOUL, Nov 15- South Korea's October imports of Iran oil remained at zero for a second straight month ahead of U.S. sanctions against Iran that came into effect on Nov.5, customs office data showed on Thursday. In September, South Korea's imports of Iran oil fell to zero for the first time in six years as South Korean buyers halted purchases from the Middle Eastern...

  • NEW YORK, Nov 14- Several prominent investors raised their stakes in General Electric Co in the third quarter, before its shares sank in recent weeks, filings with the U.S. Securities and Exchange Commission showed on Wednesday. D.E. Shaw& Co LP, Viking Global Investors LP and Canyon Capital Advisors LLC each reported larger holdings in GE in the quarter ended Sept....

  • LIMA, Nov 14- For most of this year, Walter Aduviri, the governor-elect of Peru's Andean region of Puno, had been a fugitive. The indigenous activist, 38, went into hiding after losing a sedition trial last year over deadly protests he led against Canadian mining company Bear Creek in 2011.. In his first interview with foreign media since his victory, Aduviri- who will...

  • TOKYO, Nov 15- Japan is considering scrapping import restrictions on U.S. beef purchases that were put in place after the first case of mad cow disease in the United States in 2003, local media reported on Thursday. The committee's report will likely be submitted to the Ministry of Health, Labour and Welfare following a public comment period, Nikkei said, adding...

  • WASHINGTON, Nov 14- European Union Trade Commissioner Cecilia Malmstrom said on Wednesday that the EU has a list of potential retaliation targets ready in case U.S. Malmstrom also said that the EU is willing to negotiate a limited trade deal on industrial goods, including autos, that seeks to bring tariff rates to zero for both the United States and Europe.

  • Federal Reserve Today in Washington. 15- Nov United Kingdom Auction of 1 3/ 4% Treasury Gilt 2037 15- Nov Japan Auction of 5- year government bonds 16- Nov Japan 3- month discount bill auction 19- Nov Japan 1- year discount bill auction 19- Nov Belgium OLO Auction 19- Nov Netherlands DTC Auction 20- Nov United Kingdom Auction of 0 1/ 8% Index-linked Treasury Gilt...

  • FRANKFURT- EURO FINANCE WEEK is the largest meeting of the banking and finance industry in Europe with more than 4,000 visitors and more than 20 specialist conferences and networking events. LONDON- Bank of England hosts "2nd conference on Forecasting at Central Banks" at 20 Moorgate Auditorium, London. LONDON- Bank of England MPC memeber Silvana Tenreyro...

  • HONG KONG, Nov 14- Potential homebuyers priced out of Hong Kong's stratospheric property market may now feel more hopeful as housing prices finally begin to cool after a bullish stampede lasting more than two years. Prices for private homes in Hong Kong eased for the second straight month in September, dipping 1.4 percent from August, after more than doubling in...

  • Nov 14- Warren Buffett's Berkshire Hathaway Inc deepened its commitment to the U.S. financial industry, announcing a $4.02 billion stake in JPMorgan Chase& Co and new investments in PNC Financial Services Group Inc and Travelers Companies Inc, plus a stake in Oracle Corp. The investments were disclosed in a Wednesday regulatory filing detailing Berkshire's...

  • POWELL SAYS STIMULUS FROM TAX CUTS AND SPENDING INCREASES COULD WEAR OFF IN' NEXT YEAR OR SO'.

  • POWELL SAYS FED HAS EYES ON CORPORATE BORROWING AS IT STUDIES FINANCIAL VULNERABILITIES.

  • ECONOMY HAS PUT UPWARD PRESSURE ON THE DOLLAR, AND HAS TIGHTENED FINANCIAL CONDITIONS FOR EMERGING MARKETS.

  • Revenue in its application software businesses rose 18 percent to $1.42 billion, beating analysts' average estimate of $1.37 billion, according to IBES data from Refinitiv. That fell short of IBES estimate of $656.4 million, but beat research firm FactSet's estimate of $648.1 million. Revenue in its infrastructure platform unit, which houses the switches and...

  • POWELL SAYS A NUMBER OF FACTORS WEIGHING ON HOUSING RIGHT NOW, INCLUDING LABOR SCARCITY AND INTEREST RATES.

  • POWELL SAYS FED MONITORING HOUSING INDUSTRY AND ITS POSSIBLE SOFTENING.

  • DALLAS, Nov 14- Federal Reserve Chair Jerome Powell said that the introduction of press conferences after every Fed meeting next year means all meetings are now "live" for possible rate increases. "The market is going to have to get used to that," Powell said of the fact that the Fed may now raise rates at any of its eight regular policy meetings, and not just the four at...

  • WASHINGTON, Nov 14- A U.S. congressional commission said on Wednesday that China appears to have relaxed enforcement of sanctions on North Korea and called on the Treasury Department to provide a report on Chinese compliance within 180 days. The bipartisan commission said China had appeared to enforce sanctions on North Korea more thoroughly than in the past...