CNBC Utilities Page Wires

  • *May raw sugar settled up 0.11 cent, or 0.9 percent, at 12.59 cents per lb, remaining within its recent 12- to- 13- cent range. *Prices were supported by higher oil prices, dealers said, which can encourage cane mills in top grower Brazil to produce ethanol rather than sugar. * "London has been the weaker of the two markets, which may not be a good sign," as it could signal weak...

  • The council, which has yet to meet, includes technology experts, digital ethicists and people with public policy backgrounds, Kent Walker, Google's senior vice president for global affairs, said at an Massachusetts Institute of Technology Review conference in San Francisco.

  • ANKARA, March 26- The Turkish lira firmed again on Tuesday in volatile trade, as a series of "back door" actions by the central bank succeeded in erasing most of last week's steep losses, even as expectations dimmed for interest rate cuts in the months ahead. Turkey's central bank kept two auctions shut on Tuesday to underpin the lira against a growing tide over the...

  • NEW YORK, March 26- Oil rose 2 percent on Tuesday as attention centered on geopolitical factors tightening supplies that are leading to falling exports from Venezuela and declining U.S. inventories. Despite concerns about weaker demand due to an economic slowdown, oil prices have risen more than 25 percent this year, supported by supply curbs by the...

  • NEW YORK, March 26- U.S. benchmark 10- year Treasury yields were steady on the day on Tuesday, but above 15- month lows reached on Monday as risk assets showed signs of stabilization after two days of weakness. Wall Street's main indexes gained for the first time in three sessions on Tuesday, giving hope that some of the bearish sentiment on the economic outlook may...

  • Spot gold was down 0.5 percent at $1,313.82 per ounce as of 13:55 p.m. EDT, after hitting its highest since Feb. 28 at $1,324.33 on Monday. U.S. gold futures settled down 0.6 percent to $1,315 per ounce. "The trend of the U.S. dollar has reversed a little bit and at the same time there was a bounce back from the lows across yield curves," said Bart Melek, head of commodity...

  • PUNTO FIJO, March 26- Venezuela's main oil export port of Jose and the country's four crude upgraders have been unable to resume operations following a massive power blackout on Monday, according to industry workers and a union leader close to the facilities. The blackout, Venezuela's second major power outage in a month, left streets mostly empty in the capital...

  • March 26- A U.S. trade judge on Tuesday recommended Qualcomm Inc be granted a request for an import ban on some iPhones sold by Apple Inc.. An administrative law judge of the U.S. International Trade Commission said the basis for the ban was a finding that Apple infringed a Qualcomm patent relating to smartphone technology. The judge's initial determination is...

  • *FAA to make big changes to oversight approach by July- official. WASHINGTON/ ADDIS ABABA, March 26- The Federal Aviation Administration will significantly change its oversight approach to air safety by July, a U.S. transport department official said on Tuesday, following two fatal Boeing MAX 737 plane crashes. The aviation industry has been thrown into flux by...

  • JOHANNESBURG, March 26- Troubled South African retailer Steinhoff said on Tuesday it would place up to 694 million shares in KAP Industrial via an accelerated bookbuilding to raise cash to repay debt and shore up its finances. Steinhoff in December 2017 admitted accounting irregularities, wiping about 85 percent off its market value and throwing it into a...

  • March 26- European shares rose on Tuesday, snapping a four-day losing streak, boosted by healthcare stocks and on indications that UK Prime Minister Theresa May's deal to exit the European Union could gain some support. The pan-region STOXX 600 index added to early gains and rose 0.8 percent, led by Switzerland and Paris's near 1 percent jump, followed by...

  • BUENOS AIRES, March 26- Argentina's peso currency weakened 1.1 percent to an all-time low of 42.55 per U.S. dollar on Tuesday, as concerns about high inflation and political uncertainty ahead of the October presidential election dented confidence in the economy. The markets rejoiced in late 2015 when center-right Buenos Aires Mayor Mauricio Macri was...

  • *Markets steady after yield curve raised recession worries. NEW YORK, March 26- Benchmark U.S. After a couple of days where investors focused solely on the chances of recession in the U.S. and concerns about slower growth, today is not surprisingly a day where they rethink those probabilities, "said Kate Warne, investment strategist at Edward Jones in St. Louis.

  • STRASBOURG, March 26- EU nations will be required to share data on 5 G cybersecurity risks and produce measures to tackle them by the end of the year, the European Commission said on Tuesday, shunning U.S. calls to ban China's Huawei Technologies across the bloc. Austria, Belgium, Czech Republic, France, Germany, Greece, Hungary, Ireland, the Netherlands, Lithuania and...

  • CARACAS, March 26- Venezuela's government told workers and school children to stay home on Tuesday as the second major blackout this month left the streets of Caracas mostly empty and residents wondering how long power would be out amid a deepening economic crisis. In eastern Caracas, several dozen people unable to work in stores and offices were boarding a bus...

  • The slug on the March 26 story headlined " FAA says oversight needs to' evolve' after Boeing crashes" has been changed to ETHIOPIA- AIRPLANE/ CONGRESS from ETHIOPIAN-AIRPLANE/ CONGRESS.

  • US TWO-YEAR TREASURY YIELDS FALL TO 2.275 PCT AFTER AUCTION.

  • FAA to overhaul oversight approach to air safety by July "has been changed to ETHIOPIA- AIRPLANE/CONGRESS-OVERSIGHT from ETHIOPIAN-AIRPLANE/CONGRESS-OVERSIGHT.

  • STOCKHOLM, March 26- An internal Swedbank report identified major breaches of anti-money laundering obligations involving its business in Estonia, Swedish public broadcaster SVT said on Tuesday after having seen a copy of the document. The Swedish bank conducted a review of its Estonian branch after a scandal at Danske Bank's Estonian branch which was used...

  • LONDON, March 26- Germany's 10- year bond yield remained near 2-1/ 2- year lows at below zero percent on Tuesday as fears of global economic slowdown continued to dictate investment strategies and investors struggled to make sense of the blizzard of Brexit headlines. British lawmakers voted to take control of parliament for a day from Prime Minister Theresa...