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CNBC Utilities Page Wires

  • TORONTO, May 26- Union members representing Canadian Pacific Railway Ltd's conductors and locomotive engineers have served a notice to go on strike as early as May 29, according to a union statement released on Saturday. Commuter train services would not be affected in the event of a strike by Teamster members. The union members are committed to working with...

  • FRANKFURT, May 27- Daimler faces an investigation of 40,000 diesel Vito vans and 80,000 C-Class model cars for possible illicit software that allowed the vehicles to emit excess pollution without detection, Bild am Sonntag reported, citing no sources. The report comes after German motor authority KBA this week ordered Daimler to recall around 6,300 Vito vans...

  • *Leaders discuss possible N.Korea-U.S. summit in Singapore. SEOUL/ WASHINGTON, May 26- South Korean President Moon Jae- in and North Korean leader Kim Jong Un held a surprise meeting on Saturday in an effort to ensure that a high-stakes summit between Kim and U.S. The meeting was the latest dramatic turn in a week of diplomatic flip-flops surrounding the prospects...

  • SAO PAULO, May 26- A truckers protest over diesel prices in Brazil that is hurting supplies of fuel, food and medicines continued for the sixth day on Saturday despite President Michel Temer ordering the military to clear blocked roads the day before. Major cities have declared a state of emergency as gas stations and airports ran out of fuel, supermarket shelves...

  • WASHINGTON— A federal court has ruled that the Education Department violated privacy laws with regard to students defrauded by the Corinthian for-profit college chain. But a California district court ruled late Friday that the department's use of Social Security Administration data in order to calculate loan forgiveness violates the Privacy Act.

  • ROME, May 26- Italy's would-be coalition parties turned up the pressure on President Sergio Mattarella on Saturday to endorse their eurosceptic pick as economy minister, saying the only other option may be a new election. Mattarella has held up formation of a government, which would end more than 80 days of political deadlock, over concern about the far-right...

  • TORONTO, May 26- Union members representing Canadian Pacific Railway Ltd's conductors and locomotive engineers have served a notice to go on strike as early as May 29, according to a union statement released on Saturday. Commuter train services would not be affected in the event of a strike by Teamster members. The union members are committed to working with...

  • *Talks among Saudi Arabia, Russia, UAE in St. Petersburg. ST PETERSBURG/ DUBAI, May 25- Saudi Arabia and Russia are discussing raising OPEC and non- OPEC oil production by some 1 million barrels a day, sources said, weeks after U.S. Trump tweeted last month that OPEC had "artificially" boosted oil prices.

  • TORONTO, May 26- Union members representing Canadian Pacific Railway Ltd's conductors and locomotive engineers have served a notice to go on strike as early as May 29, according to a union statement released on Saturday. The strike notice comes a day after the union rejected the company's latest contract offer. "After workers at CP voted to reject the last...

  • MOSCOW, May 26- Russian state gas giant Gazprom said on Saturday it had signed a protocol with the Turkish government on a planned gas pipeline and agreed with Turkish firm Botas to end an arbitration dispute over the terms of gas supplies. Turkey had delayed issuing a permit for the Russian company to start building the land-based parts of the pipeline which, if...

  • ISTANBUL, May 26- Turkey and Russia have reached a retroactive agreement for a 10.25 percent discount on the natural gas Ankara buys from Moscow, Turkish President Tayyip Erdogan said on Saturday. Speaking at an election rally in eastern Turkey's Erzurum, Erdogan said a $1 billion payment will be made to Turkey under the deal, which followed a Turkish request for...

  • MOSCOW, May 26- A return to the oil production levels that were in place in October 2016, baseline for the current deal to cut output, is one of the options for easing curbs, Russia's energy minister said on Saturday. Sources said this week that Saudi Arabia and Russia were discussing raising OPEC and non- OPEC oil production to ease 17 months of strict supply curbs...

  • MOSCOW— Russian President Vladimir Putin and Japanese Prime Minister Shinzo Abe met in Moscow on Saturday for talks that included resolving a dispute over four Pacific islands and eventually signing a peace treaty. Abe has been pushing for a way forward in the dispute that centers on the four most southern of the Kuril Islands, which Japan calls the Northern...

  • PHOENIX— Until recently, Lilly Mucarsel has spoken Spanish just about everywhere since arriving in the United States from Ecuador three decades ago: at the library, the movies, the grocery store. Being multilingual in the United States brings advantages like job opportunities and social connections. But speaking something other than English in some public...

  • MOSCOW, May 26- Russian Energy Minister Alexander Novak said on Saturday it was possible for the participants of the global oil output cut deal to bring their oil production back to the level of October 2016. The level is the baseline for the current agreement which expires at the end of 2018.. "But a decision will be made in June," he added, referring to a meeting...

  • ROME, May 26- Italy's prime minister-designate's efforts to put together a cabinet remained stymied on Saturday as his political backers pushed for a eurosceptic economy minister who the president has so far refused to accept. President Sergio Mattarella on Wednesday gave Giuseppe Conte, a law professor and political novice, a mandate to form a coalition...

  • Sources said this week that Saudi Arabia and Russia were discussing raising OPEC and non- OPEC oil production to ease 17 months of strict supply curbs amid concerns that a price rally has gone too far. OPEC and non- OPEC ministers meet in Vienna on June 22-23, and a final decision will be taken there. An industry source told Reuters that one of the options under...

  • *EU negotiator wants "clarity" on UK customs approach. In pointed remarks after an ill-tempered week of talks in Brussels, Michel Barnier insisted he would not be intimidated by what he called a "blame game" from London of accusing the EU of inflexibility in rejecting British demands for close cooperation on security, trade and other issues after Brexit.

  • SAO PAULO, May 26- A truckers protest over diesel prices in Brazil that is hurting supplies of fuel, food and medicines continued for the sixth day on Saturday despite President Michel Temer ordering the military to clear blocked roads the day before. Major cities have declared a state of emergency as gas stations and airports ran out of fuel, supermarket shelves...

  • CAIRO— An Egyptian court has ordered the suspension for one month of video-sharing website, YouTube, and others sharing a video found to be insulting the Muslim Prophet Mohammed. The Supreme Administrative Court's ruling on Saturday dismisses appeals against a similar 2013 ruling, including one by the National Telecommunication Regulatory Authority...