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CNBC Utilities Page Wires

  • BEIJING, April 23- China imported one of the highest tonnages of barley in years in March, while sorghum arrivals fell by 21 percent, customs data showed on Monday, in a sign that China's growing trade spat with the United States is roiling grain flows. China imported 860,000 tonnes of barley in March, up 22 percent on a year ago and the third highest monthly level...

  • April 23- British IT-led outsourcer Capita announced a three-for-two rights issue on Monday and a restructuring to return it to growth, as well as a reported full-year pretax loss of 513 million pounds. New shares will be offered at 70 pence, a 34 percent discount to the theoretical ex-rights price of 105.9 pence calculated in reference to the closing price on...

  • SINGAPORE, April 23- Japanese government bonds trimmed earlier losses on Monday, supported by bargain hunting after an initial sell-off triggered a rise in 10- year and 20- year JGB yields to seven-week highs. This led to a rise in longer-term JGB yields, with the benchmark 10- year yield touching a peak of 0.065 percent, the highest since March 2.

  • *But strong demand, OPEC cuts still support prices overall. *Trump accuses OPEC of "artificially" boosting oil prices. Brent crude futures were at $73.91 per barrel at 0630 GMT, down 15 cents, or 0.2 percent from their last close.

  • BEIJING— A human rights group says gender discrimination is widespread in the Chinese work force, with many hiring advertisements openly calling only for male applicants and using the attractiveness of female co-workers as a draw. Human Rights Watch released the report Monday after looking at more than 36,000 job advertisements posted between 2013 and...

  • TEHRAN, Iran— An Iranian newspaper says the country's Central Bank has officially banned the use of cryptocurrencies in financial transactions in order to "prevent crimes such as money laundering and terrorism." The move is seen as part of Tehran's efforts to control the currency market after the rial hit an all-time low earlier this month.

  • SYDNEY, April 23- Asian stocks dipped on Monday as investors braced for a bevy of earnings from the world's largest corporations, while keeping a wary eye on U.S. bond yields as they approach peaks that have triggered market spasms in the past. Traders were also anxiously awaiting surveys on global manufacturing for April to see if economic softness in the first...

  • TOKYO, April 23- Japan's Nikkei share average fell on Monday as index heavyweight stocks such as SoftBank and Terumo lost ground, offsetting gains in financials, which rallied after U.S. yields rose. The Nikkei ended down 0.3 percent at 22,088.04 points. Medical equipment maker Terumo Corp tumbled 3.9 percent and SoftBank shed 1.2 percent, collectively...

  • April 23- British IT-led outsourcer Capita announced a three-for-two rights issue on Monday and a strategic plan to return it to growth, as well as a reported full-year pretax loss of 513 million pounds. Capita has issued a series of profit warnings which have lopped off two thirds of its around 1.0 billion pound market value in the last year.

  • SEOUL, South Korea— Korean Air Lines said Monday that two daughters of its chairman will resign from their executive positions amid mounting public criticism over the women's behavior and the family's smuggling allegations. An official at the Korea Customs Service, meanwhile, confirmed that authorities raided the airline's headquarters in Seoul seeking...

  • BEIJING, April 23- China's scrap metal imports in March fell by 24.6 percent from a year ago as new curbs on foreign solid waste came into effect, while waste paper imports slid by 54.2 percent and the country imported zero waste plastic. New impurity limits- set at 1 percent for nonferrous metal, and at 0.5 percent for paper, plastics and ferrous metal- were announced...

  • *Clive Cowdery plans continental Europe fund- sources. Cowdery, founder of The Resolution Group, one of UK life insurance's biggest names, will be focusing on life insurance policies closed to new customers in continental Europe and the United States, three sources told Reuters. EICG director Jurgen Schweigert, who is a former Resolution executive, said there...

  • *China's gasoline and diesel exports hit all-time highs in March as refineries churned out fuel in record volumes, outpacing domestic demand, according to China's General Administration of Customs on Monday. *Diesel exports in March were 2.38 million tonnes, up 24.2 percent year-on-year. *Chinese refineries processed a record of more than 12.1 million...

  • LONDON, April 23- The ECB meets on Thursday against a backdrop of concern about a global trade spat and a softening in euro zone economic data that could potentially hamper the central bank's plans to unwind its extraordinary monetary stimulus. In March, the European Central Bank dropped a long-standing pledge to increase its bond buying if needed, taking...

  • BEIJING, April 23- London aluminum prices rose concerns after the United States slapped sanctions on Russian producer United Company Rusal regained momentum. *CHILE: Chilean copper commission Cochilco forecast on Friday that Chile would produce 5.76 million tonnes of the red metal in 2018, up 4.3 percent from 2017, while estimating copper prices at $3.06...

  • BEIJING, April 23- London aluminium prices rose concerns after the United States slapped sanctions on Russian producer United Company Rusal regained momentum. *CHILE: Chilean copper commission Cochilco forecast on Friday that Chile would produce 5.76 million tonnes of the red metal in 2018, up 4.3 percent from 2017, while estimating copper prices at $3.06...

  • SHANGHAI, April 23- Chinese funds have slashed valuations of ZTE Corp after the United States banned American companies from selling components to the telecoms equipment maker for seven years, a move ZTE said threatened its very survival. The U.S. action last week was sparked by ZTE's violation of an agreement reached after it was caught illegally shipping U.S....

  • A worker loads a liquid electrolyte into the electrolysis bath at the Krasnoyarsk aluminum smelter, operated by United Co. Rusal, in Krasnoyarsk, Russia.

    Workers at one of Russia's biggest aluminium smelters say their Siberian town is doomed unless Moscow mitigates U.S. sanctions against aluminium giant Rusal.

  • DENVER— Across the street from the Colorado Capitol rises an 11- story building emblazoned with The Denver Post's logo. Five hundred miles to the west, the Salt Lake Tribune newsroom takes up one floor of the building that bears its name, overlooking snow-capped mountains and the arena where the Utah Jazz play. As Colorado's civic community tries to mount a...

  • *U.S. 10- year bond yield hits highest since Jan. 2014. SINGAPORE, April 23- The dollar traded near a two-week high against a basket of major currencies on Monday, bolstered by rising U.S. bond yields, while easing concerns over global political risks weighed on the safe haven yen. Concerns that recent rises in global oil prices could add to inflationary pressures, as...