CNBC Utilities Page Wires

  • BRUSSELS, Oct 22- Belgium has chosen Lockheed-Martin's F-35 jets rather than the Eurofighter Typhoon as a replacement for its ageing F-16s, Belgian national news agency Belga said, citing government sources. The decision, eagerly awaited by the aerospace industry, had been expected in July before the NATO summit in Brussels. A win for U.S. aerospace company...

  • Oct 22- Glencore Chief Executive Ivan Glasenberg has told investors he plans to retire from the commodities trader and miner in three to five years, Bloomberg reported https://bloom.bg/2PhDioI on Monday. Glasenberg has started training three to four people to succeed him in the job, but did not disclose the shortlist of candidates, Bloomberg reported, citing...

  • Oil services firms, which help operators drill and complete wells, are seeing demand for their services cool as producers cut down on spending and delay completions due to pipeline bottlenecks in the Permian basin of Texas and New Mexico. Net profit attributable to Halliburton rose to $435 million, or 50 cents per share, in the third quarter ended Sept. 30, from...

  • On Monday, ICE will list 36 months of flat-price Permian WTI contracts and calendar spreads, as well as inter-commodity spreads for the Houston contract versus Brent and the Houston contract versus WTI. "Houston has become the pricing center for U.S. crude oil production and exports, and the new Permian WTI futures contract is designed to serve hedging and...

  • Oct 22- Toymaker Hasbro Inc reported a bigger-than-expected drop in quarterly revenue on Monday, as the bankruptcy of long-term customer Toys' R' Us weighed on sales in the United States and Europe, sending its shares down 4.5 percent in early trading. Sales in Hasbro's U.S. and Canada segment fell 7 percent to $924.2 million, due to the loss of Toys' R' Us revenue and an...

  • ROME, Oct 22- Italy's Treasury told the European Commission on Monday it would stick to its contested budget plans in defiance of EU fiscal rules, but promised to intervene if it failed to meet its debt and deficit goals. The European Commission sent Rome a warning letter about the budget last week-- the first formal step of a procedure that could lead to Brussels...

  • Oct 22- Oilfield services provider Halliburton Co on Monday posted a 19.2 percent rise in quarterly profit, but said pipeline bottlenecks and lower spending by customers weighed on demand for well completion services in North America. Net profit attributable to the company rose to $435 million, or 50 cents per share, in the third quarter ended Sept. 30, from $365...

  • GENEVA, Oct 22- Brazil has launched a complaint against China with the World Trade Organization to challenge Beijing's restrictions on sugar imports, a filing published by the WTO showed on Monday. Brazil said it was challenging China's "safeguard" measure on imported sugar, the administration of its tariff-rate quota, and its "automatic import licensing"...

  • ROME, Oct 22- The Italian Treasury told the European Commission on Monday that it would stick to its contested budget plans, but promised to intervene if it failed to meet its debt and deficit goals. In a letter to the Commission, published on the Treasury website, Economy Minister Giovanni Tria said he recognised that the government's 2019 budget was not in line...

  • JOHN SCHNATTER, ON PAPA JOHN'S CONSIDERING DEAL PROPOSALS, SAYS SEVERAL THIRD PARTIES EXPRESSED INTEREST IN SPEAKING WITH HIM.

  • LONDON, Oct 22- Saudi Arabia has no intention of unleashing a 1973- style oil embargo on Western consumers and will isolate oil from politics, the Saudi energy minister said on Monday amid a worsening crisis over the killing of Saudi journalist Jamal Khashoggi. Several U.S. lawmakers have suggested imposing sanctions on Saudi Arabia in recent days while the...

  • SUPER MICRO COMPUTER SAYS CONFIDENT THAT ARTICLE, ALLEGING MALICIOUS HARDWARE CHIP IMPLANTED DURING MANUFACTURING PROCESS OF MOTHERBOARDS, IS WRONG.

  • HONG KONG, Oct 22- Several global banks including Citigroup and Standard Chartered have asked their private banking staff to postpone or reconsider travel to China after authorities there prevented a UBS banker from leaving the country, sources said. BNP Paribas and JPMorgan also asked their private banking employees to reconsider their China travel plans...

  • HELSINKI/ MOSCOW, Oct 22- Russian businessman Boris Rotenberg, under U.S. sanctions over the Ukraine conflict due to his close ties with President Vladimir Putin, has filed a lawsuit accusing four Nordic banks of breaching service contracts in Finland, a court said on Monday. The lawsuit, which was presented at Helsinki district court on Oct. 4, targets Nordea,...

  • SEOUL, Oct 22- The U.S. Treasury Department is "deeply concerned" about planned financial cooperation between North and South Korea and has told South Korean banks that "U.N. and U.S. sanctions on North Korea remain valid", a South Korean regulatory document has shown. The document, drafted by South Korea's Financial Services Commission and released on Monday after...

  • *FTSE 100 up 0.5 pct, mid-caps up 0.2 pct. LONDON, Oct 22- Britain's blue-chip share index was higher on Monday as a weaker U.S. dollar boosted commodities companies while positive results boosted NMC Health. The FTSE 100 was up 0.5 percent by 0938 GMT as the pound eased by 0.2 percent.

  • It is so much money that if you had it all in $100 bills, you could make a stack about as high as the World Trade Center in New York city, the lottery's website said. "Mega Millions has already entered historic territory, but it's truly astounding to think that now the jackpot has reached an all-time world record," Gordon Medenica, lead director of the Mega Millions Group,...

  • LONDON, Oct 22- Sterling slipped on Monday, as the prickly Irish border issue and disagreements within the UK ruling party over Brexit overshadowed signs that Britain and the European Union had settled most of their differences over a divorce deal. But she will maintain opposition to the European Union's proposal for the land border with Northern Ireland.

  • GENEVA, Oct 22- Brazil has launched a complaint against China at the World Trade Organization to challenge its restrictions on sugar imports, a filing published by the WTO showed on Monday.

  • DUBLIN, Oct 22- Ryanair hopes to reach deals with all of its major unions by Christmas, in a sign an end may be in sight to the damaging flight disruptions which have dragged on its shares. Recent progress "leaves us with only really Germany and to a lesser extent Belgium as the only two larger markets where we haven't now concluded agreements," O'Leary said.