CNBC Utilities Page Wires

  • LONDON, Jan 17- The University of Oxford said on Thursday it has stopped accepting funding from China's Huawei Technologies, the leading global supplier of telecoms network equipment, after scrutiny over the company's relationship with Chinas government. "Oxford University decided on January 8 this year that it will not pursue new funding opportunities...

  • Tweets "Setting Was Disabled For Android@. *TWITTER INC SAYS BECOME AWARE OF AND FIXED AN ISSUE WHERE THE "PROTECT YOUR TWEETS" SETTING WAS DISABLED ON TWITTER FOR ANDROID- TWEET. *TWITTER SAYS ON JAN 14 FIXED RECENT ISSUE IN TWITTER FOR ANDROID THAT DISABLED THE "PROTECT YOUR TWEETS" SETTING IF CERTAIN ACCOUNT CHANGES WERE MADE.

  • WASHINGTON, Jan 17- The U.S. House of Representatives on Thursday backed legislation to keep sanctions on companies linked to Russian oligarch Oleg Deripaska, including aluminum firm Rusal, but the Trump administration is expected to lift them as soon as Friday. The Democratic-led House voted by an overwhelming 362 to 53 in favor of a resolution of disapproval...

  • TWITTER SAYS ON JAN 14 FIXED RECENT ISSUE IN TWITTER FOR ANDROID THAT DISABLED THE "PROTECT YOUR TWEETS" SETTING IF CERTAIN ACCOUNT CHANGES WERE MADE.

  • NEW DELHI, Jan 17- India's air safety watchdog on Thursday directed airlines to make extra checks on their Airbus A320neo aircraft fitted with Pratt& Whitney engines as part of new safety protocols after temporary grounding orders affected the planes last year. IndiGo, India's biggest carrier by market share, and its low-cost rival GoAir, which fly the A320neos...

  • ISLAMABAD, Jan 17- Food and agriculture group Cargill Inc will invest some $200 million in Pakistan over the coming three to five years in sectors ranging from dairy, to edible oils and animal feed, the prime minister's office in Islamabad said on Thursday. "Cargill's proposed investments will support Pakistan's overall economic development and contribute to...

  • NEW YORK, Jan 17- America just lost a true giant in investing legend and Vanguard Group founder Jack Bogle. The creator of the first indexed mutual fund died on Wednesday https://reut.rs/2Cu5i09 in his longtime home of Bryn Mawr, Pennsylvania. I worked as a pinsetter in the bowling alley of the Sea Girt, New Jersey fire department.

  • JPMORGAN TO MERGE ITS BUSINESS-FOCUSED PAYMENTS DIVISIONS - FT.

  • *Vote on buyback plan set for Feb. 6. LONDON, Jan 17- Royal Bank of Scotland will consult with shareholders on plans to buyback shares owned by the British government using excess capital to accelerate a return to private ownership. The lender told investors it would hold a general meeting on Feb. 6 to vote on the plan.

  • MILAN, Jan 17- A profit warning from Societe Generale and U.S. frictions over Chinese tech giant Huawei weighed on European shares on Thursday, although the worries gradually faded and a rising Wall Street helped indexes pare losses or close a shade higher. Germany's exporter-heavy DAX index fell 0.12 percent and Britain's FTSE slid 0.4 percent.

  • Jan 17- Morgan Stanley's quarterly profit fell short of expectations as bond trading revenue slumped more than rivals and its wealth management business faltered, sending its shares down more than 5 percent. The bank has pledged that its expansion into wealth management over the past decade would help deliver more stable results. Morgan Stanley also noted...

  • Jan 17- Sears Holdings Corp Chairman Eddie Lampert won a bankruptcy auction to buy the once iconic U.S. retailer after presenting an improved offer of $5.2 billion, Sears said on Thursday, allowing it to keep its more than 400 stores running. Sears picked Lampert's hedge fund ESL Investments Inc as the winner at a bankruptcy court-supervised auction after his...

  • *UK in deadlock over Brexit "plan B". LONDON, Jan 17- Britain's last-minute scramble to shape its exit from the EU, its biggest policy upheaval in half a century, hit the rocks on Thursday as Prime Minister Theresa May and opposition Labour leader Jeremy Corbyn dug in their heels for competing visions. Corbyn said May had sent Britain hurtling towards the cliff edge of...

  • PARIS, Jan 17- Supermarket retailer Casino, which is battling investor concerns over its high debt, said revenue growth slowed down slightly in the fourth quarter as anti-government protests in France impacted sales at its Geant hypermarkets. Casino, which is shedding assets to help cut its debts and which recorded a robust sales performance in its...

  • LONDON, Jan 17- Italy's short-dated government bond yields hit their lowest levels in half a year on Thursday, bolstered by this week's successful bond sale, while Greek bonds also shone after Prime Minister Alexis Tsipras survived a no confidence vote. Most notably, Italy's two-year bond yield briefly touched its lowest level since before the heavy sell-off...

  • NEW YORK, Jan 17- Payments company Square Inc is launching a free debit card for small businesses aimed at helping them better manage their cash flows, the company said on Thursday. "Sellers can get stuck in a cash flow crunch," Alyssa Henry, seller lead at Square, said on a call with journalists. Square is applying with the Federal Deposit Insurance Corp for a special...

  • PARIS, Jan 17- Louis Vuitton parent owner LVMH is developing a luxury brand with singer Rihanna, in a rare move by the acquisitive group towards building a new fashion label from scratch, industry news site WWD reported on Wednesday. Paris- based LVMH- also the owner of Christian Dior and Givenchy, among a host of other luxury brands also spanning champagne and...

  • CHICAGO, Jan 17- A steep downturn in U.S. ethanol output linked to the trade war with China is raising costs for American farmers who feed a byproduct of the corn-based biofuel to hogs, cattle and chickens. Sales of the feed, known as distillers' dried grains, or DDGs, were one of the bright spots for ethanol makers such as Green Plains Inc, Valero Energy Corp and Pacific...

  • CHINA OFFERS IRAN $3 BILLION OIL-FIELD DEAL - WSJ, CITING SOURCES.

  • Jan 17- Sears Holdings Corp said on Thursday its chairman Eddie Lampert won a bankruptcy auction for the U.S. department store chain with an improved takeover bid of $5.2 billion, allowing the 126- year-old retailer to keep its doors open. Lampert's bid, higher than his earlier $5 billion offer, comes after weeks of deliberations that culminated in a days-long...