CNBC Utilities Page Wires

  • *FTSE change may keep lid on Polish shares-analyst. BUDAPEST, Sept 21- Central European currencies rose on Friday against the euro in tandem with persistent dollar weakness, extending several days of gains and hitting new multi-month highs versus the dollar. Central European stocks failed to track gains in Asian and Western European markets due to various...

  • *Currency options build up at $1.27 and $1.34 against sterling. LONDON, Sept 21- As negotiations become fraught before Britain's exit from the European Union in March, tensions of a different kind are surfacing on the currency markets-- derivatives activity is rising sharply as investors bet on a weaker sterling. Hopes of progress on a Brexit deal between London...

  • *Shanghai bourse debuts new copper options. *Part of China's push to develop derivatives trading. BEIJING, Sept 21- China's top state copper companies threw their weight behind Shanghai's first copper options on Friday, with early turnover trouncing its New York rival and raising a big challenge to the 141- year-old London bourse in the $270 billion global...

  • RATING AGENCY FITCH CUT WORLD GROWTH FORECAST ON US- CHINA TRADE BATTLE.

  • *OPEC and its allies to gather on Sunday in Algeria. LONDON, Sept 21- Oil prices rose on Friday ahead of a meeting of OPEC and other large crude exporters that will focus on production increases as U.S. sanctions restrict Iranian exports. OPEC and its allies are scheduled to gather in Algeria on Sunday to discuss how to allocate higher supply to offset the shortage of...

  • *Biggest jump for China bluechip stocks in over 2 years. Other possibilities included upcoming public holidays and an announcement by China's central bank that it will start issuing its bills in the former British colony which stoked speculation about a reduction in offshore yuan supplies. The big picture though was of broad-based healing as a weakening of...

  • *OPEC and its allies to gather on Sunday in Algeria. LONDON, Sept 21- Oil prices rose on Friday ahead of a meeting of OPEC and other large crude exporters that will focus on production increases as U.S. sanctions restrict Iranian exports. OPEC and its allies are scheduled to gather in Algeria on Sunday to discuss how to allocate higher supply to offset the shortage of...

  • JOHANNESBURG, Sept 21- South Africa's National Union of Mineworkers signed a three-year wage deal with AngloGold Ashanti on Friday, inking the same agreement that other unions reached with the company earlier in the week. The agreement will mean an effective pay hike of over 12 percent for entry-level underground workers in the first year, over double the...

  • *Japan, U.S. trade talks to be held Sept. 24. President Donald Trump next week as fears grow in Tokyo that Washington could demand that Japan curb its car exports to the United States. Japan is hoping to avert any import curbs and potentially steeper U.S. import tariffs on its cars, and fend off U.S. demands for a bilateral free trade agreement.

  • TOKYO, Sept 21- Japan's annual core consumer inflation ticked up slightly in August but remained distant from the central bank's 2 percent target, suggesting that monetary policy will stay ultra-loose for the time being. Soft inflation poses a challenge for Prime Minister Shinzo Abe's efforts to put a sustained end to deflation as he heads into a third term,...

  • *China demands sanctions be withdrawn. *Move connected to sanctions on Russia for election interference. WASHINGTON, Sept 20- The Trump administration imposed sanctions on the Chinese military on Thursday for buying fighter jets and missile systems from Russia, in breach of a sweeping U.S. sanctions law punishing Moscow for meddling in the 2016 U.S. election.

  • RBS said it is working to fix problems with its online and mobile banking services on Friday, following similar outages on Thursday that hit Barclays, the Co-operative Bank and fintech firm Cashplus. RBS and Barclays are set to face calls from lawmakers on Britain's Treasury Select Committee to explain what caused the problems, a source familiar with the...

  • *UK media says May was humiliated by EU leaders. LONDON, Sept 21- Prime Minister Theresa May's Brexit proposals were declared dead by the British media on Friday after what they cast as a humiliation at the hands of European Union leaders at an informal summit in Salzburg. After a dinner of Wiener schnitzel in Salzburg, EU leaders said they will push for a Brexit deal...

  • LONDON, Sept 21- Britain has opened an investigation into the use of UK- registered companies in suspected money laundering involving Denmark's Danske Bank, the National Crime Agency said on Friday. By 2013, the number of UK- registered customers in the branch's non-resident portfolio had topped 1,000, a Danske investigation revealed, ahead of clients from...

  • Sept 21- S&P Global Ratings said on Friday it maintained its' A+/ A-1' rating on the People's Republic Of China, citing its view of the government's reform agenda, growth prospects and strong external metrics.

  • MOSCOW, Sept 21- Russia on Friday called a new wave of U.S. sanctions misguided, saying Washington's habit of using sanctions against Moscow risked undermining global stability and was part of a dangerous game. The Trump administration imposed sanctions on the Chinese military on Thursday for buying fighter jets and missile systems from Russia, in breach of a...

  • Sept 21- The suspension of some of its medical products in Europe hit annual profit at British engineering company Smiths Group, sending its shares down over 9 percent. Smiths had warned in July that revenue at its medical unit, previously its largest, would drop by 2 percent as it lost two U.S. contracts and some of its products were temporarily suspended in Europe...

  • FRANKFURT, Sept 21- German utility RWE would lose as much as 5 billion euros if it cannot continue mining lignite by removing the last bit of an ancient forest in Germany, its chief executive told public broadcaster ZDF. The company has drawn heavy criticism from environmentalists over the planned clearing of Hambach forest, located in North Rhine-Westphalia,...

  • LONDON, Sept 21- Italian bond yields fell on Friday as investors awaited clarity on the 2019 budget and after the 5- Star Movement denied a report that Deputy Prime Minister Luigi Di Maio had threatened to pull his party out of the government. Di Maio confirmed flat tax, new rules over pensions and 5- Star's policy of a universal income for poorer Italians would be...

  • *Quiet trading week amid trade show in Barcelona. SINGAPORE, Sept 21- Asian spot liquefied natural gas prices weakened this week as demand slowed after a flurry of purchases in September and with many players attending a major trade conference in Barcelona. Rising crude prices and spot demand from Japan, South Korea and China ahead of peak winter demand for...