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CNBC Utilities Page Wires

  • *Solar firm wants to expand in Germany, other markets. FRANKFURT, May 23- German solar battery maker sonnen has secured 60 million euros in funds from Shell Ventures and existing shareholders to expand at home and abroad. The company-- which also operates in Italy, France, Australia, Austria, Britain and the United States-- provides hardware and software to customers...

  • BOGOTA, Colombia— The giant metal pots in the kitchen of a drab Bogota cafeteria are filled with simple dishes like vegetable rice. The former executive chef at a beach resort in Venezuela once commanded a staff of 65 cooks and made regular appearances on television cooking shows. Now he is laboring for $10 a day, with one sole aim: to send money back home.

  • *Dollar firmer vs basket of currencies. *Talk of stop-loss TRY selling by Japan retail traders. SINGAPORE, May 23- The dollar edged higher versus a basket of currencies on Wednesday, with investors awaiting the minutes of the Federal Reserve's last policy meeting for hints on the pace of further U.S. monetary tightening.

  • *China Jan-April scrap aluminium imports were down 11.4 percent year on year at 620,000 tonnes. *China Jan-April scrap copper imports down 38.5 percent year on year at 740,000 tonnes. *China Jan-April waste plastic imports were down 99.5 percent year on year at 10,000 tonnes.

  • *China Jan-April scrap aluminum imports were down 11.4 percent year on year at 620,000 tonnes. *China Jan-April scrap copper imports down 38.5 percent year on year at 740,000 tonnes. *China Jan-April waste plastic imports were down 99.5 percent year on year at 10,000 tonnes.

  • BENGALURU, May 23- Gold prices rose slightly on Wednesday amid a firm dollar and uncertainty over the outcome of U.S.- China trade talks, while investors waited for minutes from the Federal Reserve's meeting for clues on the outlook for U.S. interest rates. Spot gold was up 0.1 percent at $1,292.56 per ounce, as of 0329 GMT. "We were quite steady this morning, but are...

  • *Trump says not pleased by recent trade talks with China. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2 percent, while Japan's Nikkei lost as much as 1.4 percent to hit a 1-1/ 2- week low and the Shanghai Composite Index retreated 0.6 percent. Trump said on Tuesday he was not pleased with recent trade talks between the United States and...

  • BEIJING, May 23- China's trade with North Korea in the first four months of 2018 fell 59.3 percent from a year earlier to $656.55 million, customs data showed on Wednesday. China's April total trade with North Korea was $173.7 million, compared to $155.3 million in the previous month. China's exports to North Korea were $161.93 million in April while imports from...

  • *China's liquefied natural gas imports rose 4.3 percent in April from a month earlier to 3.39 million tonnes, Chinese customs data showed on Wednesday. *LNG imports for the first four months were 15.75 million tonnes, the data showed, an increase of 58 percent from the same period a year ago as state refiners stepped up purchases to cover expected strong growth in...

  • BEIJING, May 23- China's imports from North Korea fell 87.4 percent in the first four months from a year earlier to 523.31 million yuan, customs data showed on Wednesday, while exports to North Korea were down 46.7 percent to 3.71 billion yuan. For April, China's exports to North Korea were 1.03 billion yuan while imports from North Korea were 74.5 million yuan.

  • WASHINGTON, May 22- The U.S. House of Representatives passed on Tuesday bipartisan legislation that would ease bank rules introduced in the wake of the 2007-2009 financial crisis, giving President Donald Trump a major legislative victory. The vote eases some of the 2010 Dodd-Frank rules that have hurt smaller banks and community lenders and keeps the...

  • *Brent, WTI edge lower on expectations of higher OPEC output. SINGAPORE, May 23- Oil prices edged lower on Wednesday with the possibility of higher OPEC output weighing on the market, although geopolitical risks are expected to keep prices near multi-year highs. "If sanctions are introduced against Iran, most of the OPEC producers would like to be pumping more oil,...

  • TOKYO, May 23- SoftBank Group Corp said on Wednesday it is selling its roughly 20 percent stake in Indian e-commerce firm Flipkart to Walmart Inc. Walmart said earlier this month it will pay $16 billion for a roughly 77 percent stake in Flipkart, the U.S. retailer's largest-ever deal. SoftBank CEO Masayoshi Son said earlier this month the $2.5 billion investment...

  • TOKYO, May 23- Japan's Nikkei share average fell to a 1-1/ 2- week low on Wednesday morning after U.S. Trump on Tuesday said he was not pleased with recent trade talks between the United States and China, checking hopes that the world's two biggest economies were on course to hammer out a deal. "I don't think we need to worry too much about trade war hitting the market...

  • TOKYO, May 23- Japan's government will push back its timeframe for achieving a balanced budget by five years to fiscal 2025 but set an interim target to review progress in getting the country's fiscal house in order, the Nikkei newspaper reported on Wednesday. The interim target would require the government to spur growth while curbing the burgeoning social...

  • MANILA, May 23- London copper futures edged lower on Wednesday, pulling back from the previous session's nearly one-month peak, after U.S. COPPER: Three-month copper on the London Metal Exchange was down 0.5 percent at $6,945 a tonne by 0143 GMT, after peaking at $6,999 on Tuesday, its loftiest since April 26. In Shanghai, the most-traded July copper contract on the...

  • SINGAPORE, May 23- Oil prices edged lower on Wednesday as the market took a breather on expectations OPEC may raise supplies as early as June, although geopolitical risks kept a floor under the market. OPEC may decide to raise oil output as soon as June due to worries over Iranian and Venezuelan supply and after Washington raised concerns the oil rally was going...

  • *Talk of stop-loss TRY selling by Japan retail traders. SINGAPORE, May 23- The dollar inched higher versus a basket of currencies on Wednesday, with investors awaiting minutes of the Federal Reserve's last policy meeting for hints on the pace of further U.S. monetary tightening. Against the yen, the dollar fell 0.4 percent to 110.48 yen, edging away from a...

  • BENGALURU, May 23- Gold prices rose on Wednesday amid a steady dollar and uncertainty over the outcome of U.S.- China trade talks, while investors waited for minutes from the Federal Reserve's meeting for clues on the outlook for U.S. interest rates. Trump on Tuesday said he was not pleased with recent trade talks between the United States and China, but kept the...

  • *The most active wheat futures on the Chicago Board Of Trade were up 0.6 percent to $5.24-3/ 4 a bushel by 0100 GMT, having closed up 2.8 percent on Tuesday when prices hit a high of $5.30-1/ 4 a bushel- the highest since May 4. *Dry weather in parts of Canada, eastern Australia and southern Russia, all major wheat exporters, also gave prices a lift. *Better-than-expected U.S....