CNBC Utilities Page Wires

  • DUBAI, April 21- Saudi Arabia and the United Arab Emirates said on Sunday they had agreed to send Sudan $3 billion worth of aid, throwing a lifeline to its new military leaders after protests led to the ouster of President Omar al-Bashir. It is the first major publicly announced assistance to Sudan from Gulf states in several years. The two Gulf states have ties with...

  • *Deal with Greece a pre-condition for EU, NATO membership. SKOPJE, April 21- Macedonians vote on Sunday in a presidential election dominated by deep divisions over a change of the country's name to North Macedonia under a deal with Greece. The change, which Greece demanded to end what it called an implied territorial claim on its northern province also called...

  • DUBAI, April 21- Saudi Arabia and the United Arab Emirates have granted Sudan $3 billion in support, Saudi state news agency SPA said on Sunday.

  • DUBAI, April 21- Al Rajhi Bank, Saudi Arabias biggest Islamic lender, aims to boost mortgage lending as more affordable housing comes on the market, its chief executive told Reuters. The bank's mortgage book grew 27 percent year-on-year in 2018 and it is looking for double digit growth for the next two to three years, Steve Bertamini said in an interview.

  • AMSTERDAM, April 21- One Dutch person was among those killed in the bomb attacks that struck Sri Lanka on Sunday, Dutch foreign minister Stef Blok said in a statement. Blok said he was horrified by the Easter attacks, in which more than 200 people have been killed, according to a police spokesman. "Our thoughts are with the victims, including one Dutch national at this...

  • WASHINGTON/ NEW YORK April 21- Risk-taking has been the rage since the Federal Reserve quit hiking interest rates at the end of last year. That rebounding mood on Wall Street may be welcomed by a president that has been demanding the Fed cut rates after markets fell sharply last year, and complaining that even pausing at the current level is the wrong call.

  • DUBAI, April 21- Saudi Aramco will acquire Royal Dutch Shell's 50 percent stake in their Saudi refining joint venture SASREF for $631 million, the two companies said on Sunday. Saudi Aramco Shell Refinery Co, based in Jubail Industrial City in Saudi Arabia, has a crude oil refining capacity of 305,000 barrels per day. SASREF will continue to be a critical facility...

  • COLOMBO, April 21- The Sri Lankan government declared a curfew with immediate effect, junior defence minister Ruwan Wijewardene said on Sunday, following eight explosions that killed nearly 140 people, and mostly targeted churches and hotels. "A curfew will be imposed until things settle down," he told reporters in Colombo. Government officials also said major...

  • SRI LANKA GOVERNMENT SAYS IT HAS SHUTDOWN ACCESS TO MAJOR SOCIAL MEDIA, MESSAGING SERVICES.

  • SRI LANKA GOVERNMENT DECLARES CURFEW WITH IMMEDIATE EFFECT, IS UNCLEAR ON WHEN IT WILL BE LIFTED.

  • >Putin ally urges Ukraine deal with Moscow. >Ukraine tycoon cries victory after court win. >Ukraine tycoon sees possible central bank purge.

  • DUBAI, April 21- Saudi Aramco said on Sunday it would acquire Royal Dutch Shell's 50 percent stake in Saudi refining joint venture SASREF for $631 million. The sale is expected to complete later this year, the two companies said in a joint statement. Saudi Aramco Shell Refinery Co, based in Jubail Industrial City in Saudi Arabia, has a crude oil refining capacity of...

  • *Deal with Greece a pre-condition for EU, NATO membership. SKOPJE, April 21- Macedonians vote on Sunday in a presidential election dominated by deep divisions over a change of the country's name to North Macedonia under a deal with Greece. The change, which Greece demanded to end what it called an implied territorial claim on its northern province also called...

  • At stake is the leadership of a country on the frontline of the West's standoff with Russia following the 2014 Maidan street protests and the annexation of Crimea. Both men- who traded insults and accusations in a rowdy debate in a soccer stadium in Kiev on Friday- have pledged to keep Ukraine on a pro-Western course. Investors are seeking reassurances that...

  • POLICE SPOKESMAN SAYS THREE SRI LANKA CHURCHES AND THREE HOTELS WERE HIT BY EXPLOSIONS.

  • YANGON, April 21- Myanmar's Supreme Court will rule on Tuesday on an appeal of two Reuters journalists imprisoned for breaking a colonial-era official secrets law, in a case that has raised questions about the country's transition to democracy. The Supreme Court, the highest court in Myanmar, listed the journalists' case on its website and Facebook page on...

  • At stake is the leadership of a country on the frontline of the West's standoff with Russia following the 2014 Maidan street protests and the annexation of Crimea. President Donald Trump and to the 5- Star Movement in Italy, which was also driven by a comedian. "I think the top election issue is frustration with the status quo," said Mary O'Hagan, Ukraine Resident...

  • LONDON, April 20- A top member of Prime Minister Theresa May's Conservative Party will tell her in the coming week that she must step down by the end of June or her lawmakers will try again to depose her, the Sunday Times reported, without citing sources. Brady, who chairs the Conservative Party's influential 1922 Committee of backbench lawmakers, will tell her that...

  • BRASILIA, April 20- Avianca Brasil has canceled more than 1,300 flights, Brazilian media reported on Saturday, as the bankrupt airline was forced to reduce its fleet by more than two-thirds. The cancellations, for April 19-28, are nationwide, with airports in Brasilia, Guarulhos in Sao Paulo, and Galeao in Rio de Janeiro, the hardest hit, O Estado de Sao Paulo reported.

  • ISTANBUL, April 20- Turkey's ruling AK Party submitted a second petition to cancel and re-run Istanbul elections it lost three weeks ago, citing thousands of ballots cast by people it said were ineligible to vote due to previous government decrees, state-run Anadolu news agency said on Saturday. Based on initial results and a series of recounts, the main...