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CNBC Utilities Page Wires

  • PANGALENGAN, Indonesia/ NEW YORK, June 22- For decades, Indonesia has supplied coffee roasters worldwide with prized beans that give a distinctive taste to brews favored by connoisseurs. But now, as younger generations switch to coffee and hundreds of independent coffee shops and roasters pop up across the archipelago, Indonesia's consumption of beans is...

  • BRENT CRUDE OIL FUTURES RISE BY MORE THAN $1 PER BARREL ON UNCERTAINTY AHEAD OF OPEC MEETING.

  • LOS ANGELES/ SAN FRANCISCO, June 21- Electric car maker Tesla Inc's move last week to cut 9 percent of its workforce will sharply downsize the residential solar business it bought two years ago in a controversial $2.6 billion deal, according to three internal company documents and seven current and former Tesla solar employees. The latest cuts to the division...

  • EXCLUSIVE-TESLA TO CLOSE A DOZEN SOLAR FACILITIES IN NINE STATES- DOCUMENTS.

  • Federal Reserve Today in Washington. 22- Jun Japan 3- month discount bill auction 26- Jun Japan Auction of 20- year government bonds 26- Jun United Kingdom 1 3/ 4% Treasury Gilt 2037 26- Jun United States Sale of 2- year notes 27- Jun Italy Zero-coupon/BTPi auction 27- Jun Norway Auction Treasuries 27- Jun United States Sale of 2- year floating rate notes 27- Jun...

  • FRIDAY, JUNE 22 LONDON- South Africa's minister of finance, Nhlanhla Nene, will hold a journalist briefing during an investment conference in London- 0700 GMT NEW YORK CITY- Former Federal Reserve Board governor Daniel Tarullo speaks at luncheon before the "The Effects of Post-Crisis Banking Reforms" conference hosted by the Federal Reserve Bank of New York, in...

  • *LME Zinc Stocks at New Orleans: https://tmsnrt.rs/2JWSTID. LONDON, June 21- Is that it for the zinc rally? Expectations for one last bull hurrah have faded as exchange stocks have rebuilt, apparently calling time on the supply chain tightness that underpinned zinc's two-year charge from the January 2016 low of $1,444.50 per tonne.

  • SYDNEY- Speech by Tony Richards, RBA head of payments policy, at the Australian Business Economists event on cryptocurrencies. BUENOS AIRES- Central Bank of Argentina releases monetary policy statement. BEIRUT- Lebanese central bank governor Riad Salameh and other government officials and business leaders from the country and the region participate in the...

  • CHONGQING, China, June 21- On a flattened mountaintop a two-and-half-hour drive south of Chongqing in southwest China, a fleet of towering, red fracking trucks pumps chemicals and sand into a 1,500- meter horizontal well deep under the ground. The equipment was designed and built by China's state-owned energy major Sinopec, the result of a decades-long...

  • BRASILIA, June 21- Brazil's top labor court on Thursday ruled in favor of workers at state-controlled Petroleo Brasileiro in a wage dispute that could cost the world's most indebted oil company up to 17 billion reais. But the ruling points to gathering headwinds for the company, which settled a nearly $3 billion lawsuit with U.S. investors in January and is...

  • PARIS, June 22- Airbus issued its strongest warning yet over the impact of Britain's departure from the European Union, saying that a withdrawal without a deal on future trade would force it to reconsider its long-term position in the UK. In a memorandum issued late on Thursday, Airbus said softer plans for a transition period ending in December 2020 were still...

  • BOSTON— Authorities say a Chinese national has been charged with conspiring with a Chinese military research institute to illegally export U.S. goods used in anti-submarine warfare to China. Federal prosecutors say 41- year-old Shuren Qin, who lives in Wellesley, Massachusetts, was arrested Thursday. Court documents say Qin illegally exported nearly 80...

  • TOKYO, June 22- Japan's core consumer prices rose 0.7 percent in May from a year earlier, government data showed on Friday. The core consumer price index, which includes oil products but excludes fresh food prices, compared with economists' median estimate for a 0.7 percent annual gain. Stripping away the effect of fresh food and energy, consumer prices rose 0.3...

  • June 22- APN Outdoor Group said on Friday it raised its takeover bid for HT&E Ltd's Adshel businesses in Australia and New Zealand to A $540 million, a day after APN itself received a takeover bid from French advertising company JCDecaux. APN said in a statement its offer includes 54.1 million of its shares, worth A $310 million based on the stock's 5- day volume...

  • June 21- Intel Corp Chief Executive Brian Krzanich resigned on Thursday after an investigation found he had a consensual relationship with an employee in breach of company policy. The head of the largest U.S. chipmaker is the latest in a line of men in business and politics to lose their jobs or resign over relationships viewed as inappropriate, a phenomenon...

  • The lawmakers said allegations that HBOS had concealed the fraud, one of Britain's worst-ever banking scandals that saw six people jailed for a total of 47 years last year, should be subject to "full, forensic and expeditious investigations by regulators." A Lloyds spokeswoman reiterated the bank's statement on Tuesday that the internal 2013 report had been...

  • DETROIT— Because these days you can't have too many SUVs, General Motors is bringing back the Chevrolet Blazer. So GM on Thursday unveiled the sculpted Blazer in Atlanta, trying to capitalize on a well-known name that has a lot of equity, said Steve Majoros, Chevy's director of car and crossover marketing. The new Blazer, to be made at GM's Ramos Arizpe factory in...

  • *For multimedia coverage of North Korea: https://www.reuters.com/north-korea/. SEOUL, June 22- Months before the first summit between leaders of two Koreas in 2000, South Korean tech giant Samsung Electronics Inc invested $730,000 in Pyongyang's top computer lab. As companies from South Korea to Russia and China again look to cash in on easing tensions with...

  • SYDNEY, June 22- One of Australia's oldest financial institutions, AMP Ltd, spent years building the country's largest network of financial advisers to recommend its products, and well over a century polishing its brand. Investors are now also pricing in potential restrictions flowing from the Royal Commission such as forcing the separation of the...

  • PARIS, June 22- Airbus issued its strongest warning yet over the impact of Britain's departure from the European Union, saying a separation without a final deal between Britain and the EU would force it to reconsider its long-term position in the country.