×

CNBC Utilities Page Wires

  • LONDON, July 19- A rally in European stocks fizzled out on Thursday as poor results drove down advertising agency Publicis and a slide in metals prices dragged on the market. France's Publicis shares tumbled 8.8 percent after an unexpected drop in second-quarter sales caused by underperformance at its U.S. healthcare communications business.

  • *FTSE 100 up 0.1 percent, helped by weaker pound. The FTSE 100 ended the session up 0.1 percent at 7,683.97 points, reversing earlier slight losses after data showed retail sales growth rose less than expected in June, depressing the pound and supporting shares in export-oriented companies. The more domestically focused mid cap FTSE 250 fell 0.4 percent.

  • BRUSSELS, July 19- London's new Brexit minister said he brought new "vigor and vim" to talks on his first trip to Brussels on Thursday, as the EU warned business to get ready for Britain crashing out of the bloc without agreed terms to cushion the economic disruption. Brexit campaigner Dominic Raab, appointed to the government last week after his predecessor quit...

  • BRUSSELS, July 19- London's new Brexit minister said he brought new "vigour and vim" to talks on his first trip to Brussels on Thursday, as the EU warned business to get ready for Britain crashing out of the bloc without agreed terms to cushion the economic disruption. Brexit campaigner Dominic Raab, appointed to the government last week after his predecessor quit...

  • LONDON, July 19- European Union countries will suffer long-term damage equivalent to about 1.5 percent of annual economic output if Britain leaves the bloc without a free trade deal next year, the International Monetary Fund said on Thursday. Britain is due to leave the EU on March 29 next year, and Prime Minister Theresa May has yet to reach a consensus within her...

  • LONDON, July 19- Problems with products made by China's Huawei Technologies have exposed new security risks in Britain's telecommunications network, a UK government report said on Thursday. "Identification of shortcomings in Huawei's engineering processes have exposed new risks in the UK telecommunication networks and long-term challenges in...

  • New York, July 19- The dollar rose to a one-year high against a basket of currencies on Thursday, gaining for a third straight session, as investors further boosted long-term bets on the currency following bullish comments this week on the U.S. economy by Federal Reserve Chairman Jerome Powell. The greenback also climbed to a one-year peak against the yuan, as...

  • FARNBOROUGH, July 18- U.S. aerospace giant Boeing Co could generate more than 40 percent of its defence sales from international customers in a decade, the head of international sales told Reuters. International demand for weapons and defence products and services is also increasing steadily, Gene Cunningham, Boeing's head of international sales, said in an...

  • FARNBOROUGH, July 18- U.S. aerospace giant Boeing Co could generate more than 40 percent of its defense sales from international customers in a decade, the head of international sales told Reuters. International demand for weapons and defense products and services is also increasing steadily, Gene Cunningham, Boeing's head of international sales, said in an...

  • SAN FRANCISCO, July 19- Denver- based computer coding training school Galvanize is to acquire competitor Hack Reactor in a deal that brings together two of the largest privately held coding boot camps, the two companies told Reuters. Hack Reactor's operations in San Francisco, where it is headquartered; New York; and Austin, Texas, will be consolidated in...

  • The company's new policy will begin in Sri Lanka and later expand to Myanmar. The new policy announcement came not long after Facebook CEO Mark Zuckerberg sought to clarify remarks he made about Holocaust deniers in a Wednesday interview that sparked sharp criticism. Facebook CEO Mark Zuckerberg says while he finds Holocaust denial "deeply offensive," he...

  • *China boosts liquidity, set for more policy easing. NEW YORK, July 19- The U.S. dollar hit a year high on Thursday against a basket of major currencies, but copper prices tumbled and major world stock markets pulled back amid concerns over China's economy and continued global trade tensions. Wall Street's main equity indexes fell as investors also responded to a...

  • LONDON, July 19- The global trade war kicking off between the United States and China will not trigger a spate of credit rating downgrades, Fitch's top sovereign analyst says, but the dollar's growing strength could. The recent imposition of tariffs between the world's two largest economies and the threat they could reach $200 billion means a trade war has gone...

  • SAO PAULO, July 19- Latin American currencies plummeted against the dollar on Thursday as traders continued to eye hawkish signals from the Federal Reserve, while Chile's peso was battered by a copper price meltdown. Traders remained focused on recent comments by Fed Chairman Jerome Powell to Congress that the U.S. economy was healthy, sending up the greenback...

  • ROLLING BACK OF ENERGY REFORMS BY NEW MEXICAN GOVT COULD SEE RATING OUTLOOK CUT- FITCH.

  • UNITED STATES IS ON THE "STRONG SIDE" OF TRIPLE-A" - FITCH.

  • UNITED STATES IS ON THE "STRONG SIDE" OF TRIPLE-A" - FITCH.

  • GLOBAL TRADE WAR NOT EXPECTED TO IMPACT SOVEREIGN RATINGS - FITCH.

  • ANOTHER RUN UP IN CREDIT GROWTH, CORPORATE DEBT STOCK WOULD BE A RATING ISSUE FOR CHINA- FITCH.