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CNBC Utilities Page Wires

  • BERLIN, April 21- German Environment Minister Svenja Schulze has told a newspaper she does not think software updates for diesel vehicles in Germany will be enough to solve air quality problems and that hardware retrofits are the only way to avoid driving bans. Asked in an interview with Tagesspiegel to be published on Sunday whether measures already agreed...

  • NEW DELHI, April 21- Indian authorities will be empowered to seize properties of super-rich fugitives whose economic offences or crimes involve sums over 1 billion rupees, according to a government document seen by Reuters on Saturday. Mumbai jewellers Nirav Modi and his uncle Mehul Choksi are prime suspects in the case and a special court of India's Central...

  • Each day, more than 8 million people around the globe step aboard some 90,000 flights. They almost always land safely. Here are some tips adapted from a British Airways safety awareness course.

  • WASHINGTON, April 21- A telecommunications standards organization- GSMA- said on Saturday it is delaying implementation of a new cellphone technology due to a U.S. government probe of alleged coordination between the group, AT&T Inc and Verizon Communications Inc to hinder consumers from easily switching wireless carriers. Verizon on Friday called the...

  • BERLIN, April 21- German Environment Minister Svenja Schulze has told a newspaper she does not think software updates for diesel vehicles in Germany will be enough to solve air quality problems and that hardware retrofits are the best way to avoid driving bans. The German car industry, which accounts for some 800,000 jobs in Europe's biggest economy, is...

  • ZURICH/ MOSCOW, April 21- Assets totalling between $1.5 billion and $2 billion have been frozen as a result of sanctions imposed on Russian oligarch Viktor Vekselberg and his Renova Group conglomerate, two sources close to the matter told Reuters on Saturday. The United States imposed sanctions against several Russian entities and individuals, including...

  • WASHINGTON— President Donald Trump offered a shifting rationale this past week for his firing of FBI Director James Comey and joined other Republicans in exaggerating how much simpler it will become for Americans to file their taxes next time. TRUMP: "Slippery James Comey, the worst FBI Director in history, was not fired because of the phony Russia...

  • BERLIN— Ireland- based Smyths Toys has reached a deal to take over more than 90 Toys R Us stores in Germany, Austria and Switzerland. Smyths Toys, which according to the statement operates 110 stores and online shops in Ireland and Britain, said it is confident of establishing and expanding its brand in continental Europe. It foresees Smyths Toys taking over Toys R...

  • MENLO PARK, Calif.— Facebook has taken the lion's share of scrutiny from Congress and the media for its data-handling practices that allow savvy marketers and political agents to target specific audiences, but it's far from alone. YouTube, Google and Twitter also have giant platforms awash in more videos, posts and pages than any set of human eyes could ever check.

  • LONDON, April 21- Britain said on Saturday that North Korea's plan to cease nuclear tests would be a positive step and that it hoped this was a sign of good faith. "A long term commitment from Kim Jung Un to halt all nuclear tests and ICBM launches would be a positive step. We hope this indicates an effort to negotiate in good faith, "the British government said in a...

  • BERLIN— The European Aviation Safety Agency has tightened a nearly month-old directive ordering inspections of some fan blades in engines like those used on a Southwest Airlines jet involved in a fatal accident. A March 26 directive called for ultrasonic inspections within nine months. A fan blade snapped off mid-flight on a Southwest Airlines flight...

  • BRITAIN SAYS HOPES NORTH KOREA'S PLAN TO HALT NUCLEAR TESTS INDICATES EFFORT TO NEGOTIATE IN GOOD FAITH.

  • BRITAIN SAYS LONG TERM COMMITMENT FROM NORTH KOREA TO HALT ALL NUCLEAR TESTS AND ICBM LAUNCHES WOULD BE POSITIVE STEP.

  • DIRIYAH, Saudi Arabia— Just outside Saudi Arabia's capital Riyadh, a group of elementary school children are on a field trip at Diriyah, where engineers and construction workers are busy restoring a 17th- century fortress, mosques and clay-colored structures that were once the ruling family's seat of power. The architecture here is associated with the tribes...

  • WASHINGTON— The United States is resisting pressure to back off President Donald Trump's tough America First trade policy at a meeting of global finance leaders worried about the threat of a damaging trade war. He urged the International Monetary Fund to do more to combat unfair trade practices. Mnuchin issued the comments Friday during the spring meetings...

  • FREMONT, Calif.— Workplace safety regulators say they are investigating two incidents at automaker Tesla's factory in Northern California. The New York Times reported Friday that the investigations come after the Center for Investigative Reporting catalogued a series of workplace injuries at Tesla. California's Division of Occupational Safety and...

  • MEXICO CITY, April 20- A Mexican judge has blocked a company associated with U.S. toymaker Mattel Inc from commercializing the image of artist Frida Kahlo, her family says, as it seeks to halt sales of a Barbie doll styled after the influential artist. The company said at the time that it had reached an agreement to manufacture the doll with the Frida Kahlo...

  • The engine explosion on Southwest Airlines flight 1380 on Tuesday was caused by a fan blade that broke off, the FAA said. "The unsafe condition," the FAA said in the order, "is likely to exist or develop in other products of the same design." That order will affect about 680 engines globally, including about 350 in the United States, the FAA said.

  • MONTREAL/ VANCOUVER April 20- Canadian Pacific Railway Ltd and unions Teamsters Canada and International Brotherhood of Electrical Workers, reached an agreement with to postpone a strike that was scheduled for Saturday. The unions said Friday the decision was made after Canadian Labour Minister Patty Hajdu agreed with Canadian Pacific's request to order...

  • SOUTHWEST AIRLINES CO- CO ACCELERATED PROGRAM TO INSPECT ALL FAN BLADES ON APRIL 17 AND WILL INSPECT ALL REMAINING ENGINE FAN BLADES WITHIN NEXT 30 DAYS.