CNBC Utilities Page Wires

  • CORRECTED-ASML CEO, NOT CFO: PLAN TO DELIVER 30 EUV MACHINES IN 2019.

  • BEIJING, Jan 23- China's President Xi Jinping said on Wednesday that Beijing will push forward reforms in key areas, the official Xinhua news agency reported.

  • DAVOS- ITALY'S ECONOMY MINISTER TRIA DOES NOT SEE NEED FOR ANY ADDITIONAL DEFICIT CUTTING MEASURES, SAYS GOVT WILL MEET 2019 DEFICIT/GDP TARGET.

  • LONDON, Jan 23- A former senior director of Tesco was formally acquitted on Wednesday of fraud and false accounting at Britain's biggest retailer in 2014.. Carl Rogberg, a former Tesco UK finance director, was tried last year along with former colleagues Christopher Bush and John Scouler. Rogberg was severed from the re-trial indictment due to ill-health and...

  • MOSCOW, Jan 23- Gazprom Neft, the oil arm of Russian gas giant Gazprom, is studying the possibility of its own liquefied natural gas production in the Arctic as it tries to monetise its vast natural gas reserves. The discussions follow the successful launch of the Arctic- based Yamal LNG plant, controlled by Novatek, in December 2017. The company is also considering...

  • *Deutsche Bank acted as correspondent bank for Danske. FRANKFURT, Jan 23- Deutsche Bank said on Wednesday it had received requests for information from regulators and law enforcement agencies around the world that are investigating a money laundering scheme involving Danske Bank. The statement came in response to a Bloomberg report that said the U.S.

  • LONDON, Jan 23- Metro Bank shares lost a third of their value on Wednesday after the British lender announced a sharp rise in exposure to higher-risk mortgages and said profits would be hit by slowing growth, raising fears of a shareholder cash call. Metro, set up to challenge the dominance of Britain's big lenders after the financial crisis, reported a hefty...

  • BERLIN, Jan 23- Shares in RWE, Germany's largest power producer, rose to the top of Germany's blue-chip index on the prospect of higher compensation should coal-fired power stations be shut down early. A draft paper by Germany's government-appointed coal commission, which is tasked with organising the exit from coal, showed operators of coal-fired power...

  • LONDON, Jan 23- Sterling rose above $1.3 on Wednesday on signs that British lawmakers will move to prevent a disorderly no-deal exit from the European Union. With little time left until the March 29 Brexit deadline, there is no agreement in London on how or even whether it should exit the world's biggest trading bloc. But Britain's opposition Labour Party said on...

  • *FTSE 100 down 0.4 pct. *FTSE 250 edges 0.3 pct lower. FTSE 100 was 0.4 percent lower, falling for a second day, and the mid-cap index shed 0.3 percent as of 0928 GMT, joining a broad-based sell-off across global stocks.

  • LONDON, Jan 23- European shares dipped on Wednesday morning as a new batch of corporate updates prompted fresh concerns, particularly on the tech sector, and added to worries about a global growth slowdown and Sino-U.S. trade negotiations. At 0941 GMT, the STOXX 600 was down 0.1 percent, with most bourses across Europe losing ground and a number of steep individual...

  • GENEVA, Jan 23- Iran has discovered oil in the southwestern Abadan region for the first time, Oil Minister Bijan Zanganeh was quoted as saying by the Mehr news agency on Wednesday. The United States withdrew from a nuclear deal with Iran last year and imposed sanctions to choke Irans oil and banking industries, while temporarily allowing eight customers to keep...

  • LONDON, Jan 23- British trade minister Liam Fox will use a two-day trip to the World Economic Forum in Davos to meet ministers from around the world to discuss rolling over existing EU trade agreements after Britain leaves the bloc. With little time left until the United Kingdom is due to leave the European Union on March 29, there is no agreement in London on how and...

  • BEIJING/ SINGAPORE, Jan 23- China's state-owned offshore oil and gas producer CNOOC Ltd set its highest capital expenditure target since 2014, responding to the government's call for oil companies to build up the nation's petroleum output and reserves. The company plans to spend 70 billion to 80 billion yuan on exploration and production, CNOOC said in a press...

  • TOKYO, Jan 23- The Bank of Japan cut its inflation forecasts on Wednesday but maintained its massive stimulus programme, with Governor Haruhiko Kuroda warning of growing risks to the economy from trade protectionism and faltering global demand. Rising pressure from the trade war between China and the United States-- Japan's biggest trading partners-- is adding...

  • *Output halted since night shift on Jan. 16- Subaru. TOKYO, Jan 23- Subaru Corp said its sole car factory in Japan, accounting for roughly 60 percent of global production, could be out of action for almost two weeks after it discovered a suspected defect in a power-steering component. The production stoppage, which started from the night shift on Jan. 16 at one of...

  • STOCKHOLM, Jan 23- Volvo Cars, which is owned by China's Zhejiang Geely Holding Group, is voluntarily recalling about 200,000 cars after it found an engineering issue that could potentially cause fuel leakage in the engine compartment over time. About 219,000 cars of 11 different models produced in 2015 and 2016 had been affected, the Swedish company said, with...

  • STOCKHOLM, Jan 23- Volvo Cars, which is owned by China's Zhejiang Geely Holding Group's, is voluntarily recalling about 200,000 cars after it found an engineering issue that could potentially cause fuel leakage in the engine compartment over time. About 219,000 cars of 11 different models produced in 2015 and 2016 had been affected, the Swedish company said,...

  • GENEVA, Jan 23- Iran has discovered oil in the country's southwestern Abadan region for the first time, the Mehr news agency quoted Oil Minister Bijan Zanganeh as saying on Wednesday. The oil was found at a depth of 3,570 metres in an exploratory well and is very light and sweet, Zanganeh reportedly said. The United States withdrew from a nuclear deal with Iran last...

  • LONDON, Jan 23- Most euro zone bond yields fell on Wednesday after the Bank of Japan set the tone for further easing ahead by warning of rising risks to its economy, and ahead of Thursday's European Central Bank meeting. Investors will also be looking for direction on future monetary policy, and comment on the euro zone's growth outlook, when the European Central...