CNBC Utilities Page Wires

  • TOKYO, Nov 20- Shares of Nissan Motor Co were overwhelmed with sell orders on Tuesday, a day after the arrest of Chairman Carlos Ghosn sent shockwaves through the business world and threw into doubt the future of Japan's No.2 automaker and its global alliance. In a late-night announcement on Monday, Nissan said Ghosn was arrested for alleged financial...

  • BENGALURU, Nov 20- The Federal Reserve is still expected to raise interest rates again next month and three times next year, but a strong majority of economists polled by Reuters over the past week say the risk is it will slow that pace down. The probability of a U.S. recession in the next two years, while still low, also nudged up to a median 35 percent from 30 percent in...

  • Federal Reserve Today in Washington. 20- Nov United Kingdom Auction of 0 1/ 8% Index-linked Treasury Gilt 2056 20- Nov Japan Auction of 20- year government bonds 20- Nov Spain Auction of 3- and 9- month Treasury bills 21- Nov Sweden Auction of Treasury bills 21- Nov Germany Auction of 5- year Federal notes 22- Nov Japan 3- month discount bill auction 22- Nov...

  • SEOUL/ TOKYO, Nov 20- South Korean shipyards have boxed out their Japanese rivals from the market for building large ships carrying liquefied natural gas, winning all of the orders for the next three years worth more than $9 billion. The bulging orderbook illustrates the dominance the South Korean yards have achieved over their competitors, especially in Japan.

  • L Brands said on Monday it hired John Mehas from lifestyle brand Tory Burch as CEO of Victoria's Secret to replace Jan Singer, effective early 2019.. Mehas is a retail industry and merchandising veteran who has previous stints at Polo Ralph Lauren's Club Monaco, Gap and Macy's Bloomingdales. L Brands has said it would pursue options for its money-losing La Senza...

  • Nov 19- Kroger Co has chosen its hometown of Cincinnati for the first of 20 high-tech warehouses it plans to build with UK- based Ocado Group Plc in a bid to dominate the U.S. grocery delivery business. Kroger, the largest U.S. supermarket operator, is battling Walmart Inc and Amazon.com Inc in the small, but fast-growing online segment that accounts for anywhere...

  • RIO DE JANEIRO, Nov 19- A University of Chicago- trained economist named on Monday to head Brazil's Petrobras will not privatize the state-run company, but wants to push ahead with selling non-core assets and to focus on oil exploration and production. Brazil's incoming far-right government announced Roberto Castello Branco as the next chief executive of...

  • *TESLA'S MUSK SAYS SUPERCHARGER CAPACITY WILL DOUBLE BY END OF NEXT YEAR, EXPECT TO BE WITHIN RANGE OF 95 PCT- 100 PCT OF POPULATION IN ALL ACTIVE MARKETS- TWEET Source text: https://bit.ly/2FvseAF Further company coverage:.

  • TESLA'S MUSK SAYS SUPERCHARGER CAPACITY WILL DOUBLE BY END OF NEXT YEAR, EXPECT TO BE WITHIN RANGE OF 95%-100% OF POPULATION IN ALL ACTIVE MARKETS- TWEET.

  • RIO DE JANEIRO, Nov 19- A University of Chicago- trained economist named on Monday to head Brazil's Petrobras will not privatize the state-run company, but wants to push ahead with selling non-core assets and to focus on oil exploration and production. Brazil's incoming far-right government announced Roberto Castello Branco as the next chief executive of...

  • WINNIPEG, Manitoba, Nov 19- Underwater surveys began on Monday after an oil spill off Canada's Atlantic coast as Husky Energy Inc and government agencies assessed a leak that temporarily shut down all crude production in the waters of Newfoundland& Labrador. The leak forced Husky's White Rose to shut down, along with all other producing oil projects in the area...

  • Nov 19- The U.S. Centers for Disease Control and Prevention said on Monday it has established a task force to assist in an ongoing investigation into a rare condition that affects the nervous system and which has been detected in over 100 people this year. The taskforce will help define the cause of and improve treatment for patients with acute flaccid myelitis...

  • NEW YORK, Nov 19- Commodities trading adviser OptionSellers.com suffered losses due to recent volatility in U.S. energy markets, causing accounts to be liquidated, the firm's clearinghouse, INTL FCStone Inc, said in a statement on Monday. The liquidation of Tampa, Florida- based OptionSellers accounts comes after one of the most volatile weeks in the U.S. natural...

  • NEW YORK, Nov 19- Apollo Global Management LLC and billionaire co-founder Leon Black said on Monday they have uncovered proof that a former executive suing them for $1.5 billion stole confidential information as he prepared to bolt the private equity firm and compete with it. The allegations were made in response to a July 12 lawsuit in which the former...

  • L Brands appointed John Mehas as the CEO of Victoria's Secret, replacing Jan Singer. The company also raised its full-year 2018 profit forecast range to $2.60 to $2.80 per share, from $2.45 to $2.70, its first raise after cutting in the previous two quarters. Excluding items, L Brands earned 16 cents per share, 1 cent above Wall Street estimates.

  • Nov 19- A vaccine to prevent infections caused by the deadly mosquito-borne Zika virus induced immune response and was found to be safe in an early stage trial, Emergent BioSolutions Inc and partner Valneva SE said on Monday. First discovered in 1947, the Zika virus reached epidemic proportions in Brazil in 2015, when thousands of babies were born with birth...

  • NEW YORK, Nov 19- Commodities trading adviser OptionSellers.com suffered losses due to recent volatility in U.S. energy markets, causing accounts to be liquidated, the firm's clearinghouse, INTL FCStone Inc, said in a statement on Monday. The liquidation of Tampa, Florida- based OptionSellers accounts comes after one of the most volatile weeks in the U.S. natural...

  • RIO DE JANEIRO, Nov 19- A University of Chicago- trained economist named on Monday as the next chief of Brazil's Petrobras has quickly thrown his support behind the sale of the state oil company's non-core assets and called for it to focus on exploration and production. Brazil's incoming far-right government announced Roberto Castello Branco as the next chief...

  • Nov 19- Latin American stocks and currencies fell on Monday as concerns about global trade in light of U.S.- China trade tensions prompted investors to cut exposure to riskier emerging market assets. The United States kept up its tough rhetoric against China over the weekend. Vice President Mike Pence said there would be no end to tariffs on $250 billion of...

  • NEW YORK, Nov 19- U.S. stocks dropped and the Nasdaq fell 3 percent on Monday as investors dumped Apple, internet and other technology shares, further shaking confidence in a group of stocks that has propelled the long bull market. Conflicting signals over the state of play between the United States and China on their trade dispute added to caution in the market.