×

CNBC Utilities Page Wires

  • ZURICH, July 20- The U.S. Food and Drug Administration has granted Roche an accelerated review for its Elecsys product used to diagnose Alzheimer's disease, the Swiss drugmaker said on Friday.

  • PARIS, July 20- French spirits group Remy Cointreau kept its full year profit growth goal on Friday, although sales growth slowed in the first quarter as price increases held back demand for its premium cognac in America and Europe. The maker of Remy Martin cognac and Cointreau liquor said it expected the situation to normalize in the coming quarters, while...

  • TOKYO, July 20- Japanese government bond prices gained on Friday following strong results at an auction of short-dated bonds and on worries about a fall in the Chinese yuan and further disruptions to the Chinese economy. The auction of 400 billion yen of JGBs with one to five years to maturity attracted strong bids. Japan's Nikkei share average dropped 0.5...

  • *China state banks seen buying yuan after its fall to 1- yr low. TOKYO, July 20- The Chinese yuan skidded to one-year lows on Friday, unnerving investors in Asian stock markets and stoking concerns Beijing's currency management could become the next flash point in a fierce trade dispute with the United States. Spreadbetters expected European stocks to open lower...

  • *Tokyo CPI data due at 2350 GMT July 26. TOKYO, July 20- Tokyo's core consumer prices were expected to remain subdued in July, a Reuters poll found on. The internal affairs ministry will publish the core CPI for Tokyo at 8:30 a.m. on Friday July 27 Japan time.

  • PARIS, July 20- French car parts group Faurecia posted higher first-half profit and raised its 2018 outlook, underpinned by upbeat growth and sales of car seats material. Faurecia, 46- percent owned by Peugeot-maker PSA, said its first-half net profit rose 10.2 percent from last year to 342 million euros, while sales climbed 5.2 percent to 8.991 billion euros...

  • SINGAPORE, July 20- Long-haul carrier AirAsia X Bhd will pursue an IPO of its Thai arm "soon" as it looks to restructure itself into a group holding company along the lines of affiliate AirAsia Group Bhd, co-CEO Tony Fernandes said on Friday. AirAsia X would focus on countries where it would dominate, such as Japan, Korea, Australia, China and India and remove "...

  • SEOUL, July 20- South Korean imports of liquefied natural gas are set to ease from record levels racked up in the first-half of the year, with appetite for the fuel from utilities seen fading as a raft of nuclear power stations come back online. "demand in the second-half won't be as strong as in the first-half because nuclear run rates will rise," said Yang Ji- hae, an...

  • BEIJING, July 20- A policy debate in China on how best to address slowing growth deepened on Friday, as analysts urged authorities to boost fiscal stimulus amid rising risks to the world's second-biggest economy from a bitter trade conflict with the United States. An article in Financial News, which is run by the People's Bank of China, quoted analysts as calling...

  • MANILA, July 20- The Philippine central bank is considering "strong monetary action" at its meeting next month to tame inflation and foreign exchange volatility, its governor said on Friday, signalling a third interest rate rise this year. Its expected to quicken in July to 5.3 percent due to higher food, fuel and utility costs, Department of Finance Chief...

  • July 20- The latest round of U.S. tariffs on $200 billion of Chinese goods could hit the Apple Watch, health trackers, streaming music speakers and other accessories assembled in China, government rulings on tariffs show. The rulings name Apple Inc's watch, several Fitbit Inc activity trackers and connected speakers from Sonos Inc. While consumer technology's...

  • BUENOS AIRES, July 20- A record wheat harvest expected in Argentina this year could arrive just in time to jumpstart the ailing South American economy in the fourth quarter, after growth has been hit by low investment, high inflation and a soy crop devastated by drought. Farmers are rushing to plant wheat in the moist conditions left by rainstorms that helped...

  • BEIJING, July 20- London copper struggled to pull away from the $6,000 a tonne mark on Friday, having touched a one-year low in the previous session, as concerns persist that a trade row between China and the United States will weaken demand for metals. Copper is heading for a 1.2 percent drop in London this week but early trade on Friday was less volatile than on...

  • Sesame Workshop, the company behind Big Bird and Elmo, and McGraw-Hill Education, a billion-dollar for-profit company known for school textbooks, announced their partnership Thursday. "Sesame Workshop probably can be trusted to do this in an ethical way, but the door opens for other companies to do it in a less ethical way," said Heather Kirkorian, a University of...

  • SEOUL, July 20- North Koreas economy contracted at the sharpest rate in two decades in 2017, South Koreas central bank estimated on Friday, in a clear sign international sanctions imposed to stop Pyongyangs nuclear and missile programmes have hit growth hard. Gross domestic product in North Korea last year contracted 3.5 percent from the previous year,...

  • TOKYO, July 20- The yuan slumped to a more than one year low on Friday while the dollar edged down against major peers after U.S. The yuan fell after China's central bank set the daily midpoint for onshore trading lower for a seventh straight day. Markets focussed on a CNBC interview with Trump on Thursday U.S. time, in which he said a strong dollar puts the United...

  • The schedule will be published at 0600 GMT.

  • *China state banks seen buying yuan after its fall to 1- yr low. TOKYO, July 20- The Chinese yuan skidded to one-year lows on Friday, shaking up Asian share markets and stoking concerns Beijing's currency management could become the next flash point in a fierce trade dispute with the United States. "The weaker currency also causes fears of capital leaving China and...

  • SHANGHAI, July 20- China stocks fell on Friday, with the Shanghai benchmark poised to decline for a sixth straight session, as market sentiment continued to be curbed by a sliding yuan. **China's yuan plunged to its lowest in more than a year against the dollar on Friday after the central bank fixed a weak midpoint, but traders said major state banks sold dollars...

  • *Spot gold may test support at $1,204.45/ oz- technicals. Spot gold was down 0.3 percent at $1,218.72 an ounce. "It seems gold cannot really get anything going on the upside," said INTL FCStone analyst Edward Meir.