CNBC Utilities Page Wires

  • MUMBAI, Sept 24- Indian authorities sought to calm markets on Monday but investors paid little heed as fears that the non-banking financial sector is facing a credit crunch hit domestic bonds, stocks and the rupee, adding to Friday's selloff. His intervention came on the heels of assurances on Sunday from both the central bank, the Reserve Bank of India, and market...

  • Within hours, China retaliated by collecting taxes of 5 percent to 10 percent on 5,207 American goods, from honey to industrial chemicals, worth about $60 billion a year. China and the United States had earlier imposed 25 percent tariffs on $50 billion of each other's goods. Combined, the tariffs now cover nearly half the goods and services China sells America and...

  • *TPG IN EXCLUSIVE TALKS TO BUY ABRAAJ'S $1 BILLION HEALTH-CARE FUND- WSJ, CITING A LETTER Source: https://on.wsj.com/2NDLSOz.

  • NEW YORK/ LONDON, Sept 24- Gold was barely changed on Monday after the dollar dropped following remarks by the head of the European Central Bank then later pared losses, although activity was muted ahead of a U.S. central bank meeting this week. U.S. gold futures December delivery settled up $3.10, or 0.3 percent, at $1,204.40 per ounce. Liquidity was thin during Asian...

  • CARACAS, Sept 24- Venezuela's new digital fuel payment system got off to a slow start on Monday, as most drivers paid with cash and only a handful of gas stations were equipped with the system that President Nicolas Maduro says will limit fuel smuggling. "Right now payments aren't being made with the system, it's only to show how it works," said an employee of a gas...

  • WASHINGTON— Employers who offer paid family and medical leave to their workers earning up to $72,000 a year can receive tax credits under the new tax law, the government has affirmed. The Treasury Department issued guidelines Monday for the tax credit, which is available to employers for leave paid this year and next. The credit was part of the $1.5 trillion...

  • ATHENS, Greece— Tax authorities say they have used surveillance drones in Greece for the first time to spot violations on Santorini, where tourists were allegedly being taken on boat tours of the island's sea-filled volcanic crater without getting receipts. Greece's Independent Authority for Public Revenue said Monday that the one-day operation last week...

  • ORLANDO, Fla.— Ticket prices at Walt Disney World will vary based on the date picked with a new online planning tool debuting next month. Disney World officials said Monday that prices at the resort's four theme parks will be tweaked next month so they're the same instead of Magic Kingdom having a higher price. Single-day tickets will range from $109 to $129,...

  • Sept 24- Industrials took the biggest knock on Wall Street on Monday as the latest U.S.- China tariffs kicked in, while adding to uncertainty were questions over whether Deputy Attorney General Rod Rosenstein, who oversees the Mueller investigation, had quit. With U.S. tariffs on some $200 billion worth of Chinese goods taking effect, along with Beijing's...

  • U.S. sanctions on Iran tightening global oil supply. NEW YORK, Sept 24- Global Benchmark Brent crude jumped more than 3 percent on Monday to a four-year high above $80 a barrel after Saudi Arabia and Russia ruled out any immediate increase in production despite calls by U.S. The Organization of the Petroleum Exporting Countries and non- OPEC states, including top...

  • "Facebook is ignoring its duty to provide a safe workplace and instead creating a revolving door of contractors who are irreparably traumatized by what they witnessed on the job," Korey Nelson, a lawyer for former Facebook contract employee Selena Scola, said in a statement on Monday. Scola worked at Facebook's offices in Menlo Park and Mountain View, California,...

  • LONDON, Sept 24- British Prime Minister Theresa May told her ministers on Monday that they must hold their nerve in an impasse with the European Union over Brexit, her office said after a cabinet meeting. May said her plan was the only viable one on the table and that she remained confident of securing a deal with the EU, her office said in a statement.

  • UK'S MAY TOLD MINISTERS IT WAS ALWAYS CLEAR THAT THERE WOULD COME A CRITICAL POINT IN BREXIT NEGOTIATIONS, NOW IS THE TIME TO HOLD NERVE- MAY'S OFFICE.

  • BUENOS AIRES, Sept 24- Argentine President Mauricio Macri said on Monday that the country was close to a deal with the International Monetary Fund to bolster a $50 billion credit line, while a government source said $3 to $5 billion in additional credit could be announced this week. Macri said in an interview with Bloomberg TV in New York that Argentina would...

  • Sept 24- Snap Inc said on Monday it is testing a new way to search for products on Amazon.com through its Snapchat app's camera, allowing users to shop directly using the messaging app. The visual search function will allow Snapchat users to point its camera at an item or barcode and buy it from Amazon. "When the item or barcode is recognized, an Amazon card will appear...

  • U.S. 2- YEAR TREASURY YIELD TICKS UP TO 2.817 PCT AFTER NOTES SELL AT HIGHEST YIELD SINCE 2008.

  • TREASURY SELLS U.S. 2- YEAR NOTE AT HIGHEST YIELD AT AUCTION SINCE JULY 2008.

  • BRASILIA, Sept 24- The Brazilian real underperformed its peers as traders booked profits from last week's gains ahead of another poll on next month's elections due later on Monday. Far-right lawmaker Jair Bolsonaro has consistently led in recent polls but he would face stiff competition from leftist Fernando Haddad in a likely second-round vote.

  • "Facebook is ignoring its duty to provide a safe workplace and instead creating a revolving door of contractors who are irreparably traumatized by what they witnessed on the job," Korey Nelson, a lawyer for former Facebook contract employee Selena Scola, said in a statement on Monday. Scola worked at Facebook's offices in Menlo Park and Mountain View, California,...

  • *U.S., China adopt more tit-for-tat tariffs in trade row. Soybean futures slumped as China- the world's top buyer of the oilseed- and the United States imposed fresh tariffs on each other's goods as part of an escalating trade war. The soybean market is particularly exposed to the dispute because the oilseed is the United States' biggest agricultural export to...