CNBC Utilities Page Wires

  • *Honda's Swindon plant builds one in ten UK cars. Honda built just over 160,000 vehicles at its Swindon factory in southern England last year, where it makes the Civic and CV-R models, accounting for a little more than 10 percent of Britain's total output of 1.52 million cars. But it has struggled in Europe in recent years, and the industry faces a number of...

  • CHISINAU/ BRUSSELS, Feb 14- Facebook Inc said on Thursday it had disrupted an attempt to influence voters in Moldova, increasing concerns that EU elections in May could be prey to malign activity. Facebook said it dismantled scores of pages and accounts designed to look like independent opinion pages and to impersonate a local fact-checking organisation...

  • MOSCOW, Feb 18- Serial production of Russia's first post-Soviet mainline commercial aircraft will be delayed by a year due to U.S. sanctions, the head of state-owned industrial conglomerate Rostec said on Monday, Russian news agencies reported. Russia hopes the MS-21, a twin-engine, medium-range passenger plane, will give Boeing and Airbus a run for their money.

  • LONDON, Feb 18- Brinkmanship has been one of the defining characteristics of the Trump administration, as the White House ramps up pressure to create a sense of crisis and force negotiating partners to make concessions. The administration has employed the same tactics in trade negotiations with Canada, Mexico, South Korea and the European Union, as well as with...

  • LONDON, Feb 18- The euro rallied and riskier currencies like the Australian dollar strengthened on Monday as optimism over a breakthrough in talks to end a U.S.- China trade war encouraged investors. But after dropping to a three-month low on Friday, the euro has recovered, helped by improved investor sentiment as hopes rose for an end to the U.S.- China trade...

  • LONDON, Feb 18- British consumer goods group Reckitt Benckiser reported higher-than-expected sales growth on Monday, helped by improvements in both its health and home and hygiene businesses and lifting its shares to a two-month high. The results boosted investor confidence that Reckitt, once seen as a pacemaker for growth in the packaged goods industry, is...

  • *Munich prosecutor investigates FT journalist. FRANKFURT, Feb 18- Germany's financial watchdog has banned "short" selling of Wirecard shares due to volatility in the payments firm's stock following reports in the Financial Times which are now the subject of an investigation by German authorities. Munich prosecutors said on Monday they were investigating a...

  • OSLO, Feb 18- Norwegian Air will sell new shares at just a third of the current market price when the loss-making airline seeks to raise money from its owners in the next few weeks, it said on Monday. Norwegian Air said on Jan. 29 it planned to raise 3 billion Norwegian crowns in a share sale to bolster its finances, just days after British Airways owner IAG ruled out a bid...

  • ABUJA, Feb 18- Nigeria's main opposition on Monday said President Muhammadu Buhari's threat to use soldiers to deal with any attempts to tamper with voting material during a delayed vote was a "direct call for jungle justice". The comment was made in a statement issued by the main opposition People's Democratic Party after Buhari said anyone trying to steal or...

  • The Coffee Centre near Dubai's Jebel Ali port is a temperature-controlled facility offering infrastructure and services for processing and delivery of coffee, and the only location in the Middle East that offers green bean storage and processing. Rather than being locked into long-term bulk deals with major retailers, coffee traders could use Dubai as a...

  • The Coffee Centre near Dubai's Jebel Ali port is a temperature-controlled facility offering infrastructure and services for processing and delivery of coffee, and the only location in the Middle East that offers green bean storage and processing. Rather than being locked into long-term bulk deals with major retailers, coffee traders could use Dubai as a...

  • BRUSSELS, Feb 18- The European Union on Monday told small businesses to prepare for more bureaucracy and costs should Britain crash out of the bloc without a deal, the latest step in its contingency plans reflecting the potential impact of a hard Brexit. The bloc's executive European Commission said companies dealing with Britain must prepare for customs...

  • LJUBLJANA, Feb 18- Slovenia should continue its structural reforms to ensure long-term prosperity, reduce the administrative burden on the economy and boost investment and growth, the International Monetary Fund said. In a report on Slovenia, issued on Monday, it also urged the country to increase labor market flexibility, reform the tax system and speed up...

  • SAO PAULO, Feb 18- The official death toll from a dam burst in the Brazilian town of Brumadinho rose to 169, authorities in the state of Minas Gerais said on Sunday night. In addition, 141 people have yet to be located. The dam, which held back mining byproducts, is owned by nickel and iron ore miner Vale SA.

  • LONDON, Feb 18- Copper prices rose on Monday on concerns that supply will be tight after a court ruling cast doubt on the future of a smelter in India and a large mine in Indonesia said its export permit had expired. But there is little sign of a serious supply shortfall, Deutsche Bank analyst Nick Snowdon said, adding that the outlook for U.S.- China trade...

  • ABU DHABI, Feb 18- The United Arab Emirates on Monday awarded Raytheon Co. a 5.7 billion dirhams contract to supply its air force with platform systems to launch missiles, a UAE military spokesman said. The agreement was signed at the week-long IDEX military exhibition in Abu Dhabi and followed the award on Sunday of a 1.3 billion dirhams contract to Raytheon to...

  • ABIDJAN, Feb 18- Most of Ivory Coast's cocoa growing regions saw no rainfall last week, raising fears for the April-to-September mid-crop, farmers said on Monday. Scarce showers during the dry season, which runs from November to late February, are crucial for cocoa crops to withstand the heat in Ivory Coast, the world's biggest cocoa producer.

  • LONDON, Feb 18- White sugar futures rose to a 3-1/ 2 month high on Monday as the market extended the prior session's sharp advance, buoyed by recent strength in crude oil and concerns about dry weather in top exporter Brazil. *May white sugar was up $2.50, or 0.7 percent, at $357.20 a tonne at 1236 GMT after peaking at $359.40, a 3-1/ 2 month high for the front month.

  • *Rising U.S. output could undermine OPEC efforts. LONDON, Feb 18- Brent crude oil steadied on Monday, on track for its strongest first quarter in eight years, thanks to a growing belief among investors that OPEC's supply cuts will prevent a build-up in unused fuel, though concern over China's economy offset gains. Brent futures were last down 6 cents at $66.19 a...

  • *Britain does not support full Huawei ban- sources. *FT reports Britain has decided it can mitigate risks. It's not that simple, "one of the sources told Reuters on Monday after a Financial Times report on Sunday said that Britain had decided it could mitigate the risks of using Huawei equipment in 5 G networks.