CNBC Utilities Page Wires

  • *European Central Bank's policy decision due 1245 GMT. Spot gold was up 0.1 percent at $1,283.31 per ounce, as of 0326 GMT, while U.S. gold futures were down 0.1 percent at $1,282.60 per ounce. "The issue for gold is there is a very heavy resistance seen around $1,290 and $1,310.

  • In an 8-4 decision, the 7th U.S. Circuit Court of Appeals in Chicago said the "plain language" of the Age Discrimination in Employment Act, which forbids discrimination against people 40 and older, showed that Congress intended that law to cover current employees, not outside job applicants. It also reinstated a federal district judge's dismissal of Illinois...

  • BEIJING/ HONG KONG, Jan 24- China's Huawei Technologies Co Ltd said on Thursday its consumer business sales exceeded a record $52 billion in 2018, on strong demand for its premium smartphones, even as it continued to face heightened global scrutiny of its activities. Huawei, the world's biggest producer of telecommunications equipment, has been facing intense...

  • *Hopes for Pope Francis's visit to Hiroshima, Nagasaki, lift tourism-linked shares. TOKYO, Jan 24- Japan's Nikkei edged lower on Thursday morning as lingering concerns about the global economy and international trade frictions hurt sentiment, but chip-related stocks outperformed after Texas Instruments alleviated worries about chip demand.

  • NEW DELHI/ BENGALURU, Jan 23- IndiGo, India's biggest airline by market share, reported a rise in airfares over November and December after a year of declines, with the positive trend continuing in January, and said it would focus on expanding in overseas skies to boost growth. The optimism comes after major Indian carriers swung into the red in the September...

  • BEIJING/ HONG KONG, Jan 24- China's Huawei Technologies Co Ltd on Thursday unveiled its 5 G modem Balong 5000, which it described as the most powerful 5 G modem in the world.

  • SYDNEY, Jan 24- U.S. soybean futures held steady on Thursday as the market awaited weather forecasts in South America amid prolonged dry weather that threatens production from some of the world's largest exporters. *The most active soybean futures on the Chicago Board Of Trade were unchanged at $9.15 a bushel by 0236 GMT, having firmed 0.6 percent on Wednesday.

  • *China's CSI, Hong Kong's HSI down slightly. TOKYO, Jan 24- Asian shares were subdued on Thursday as political uncertainty in the United States and worries about weakening global economic growth left investors wary of riskier assets. China's blue-chip CSI300 shed 0.3 percent while Hong Kong's Hang Seng Index gave up two-tenths of a percent.

  • Jan 24- World leaders and top CEOs meet at Davos in Switzerland this week to discuss how to steer policy amid worries of slowing economic growth, damaging trade wars and Brexit. >A gun in the face: Davos ploy to reshape refugee debate Pompeo voices optimism for good outcome on U.S.- China trade. >UK finance minister calls for business support after Brexit.

  • MICROSOFT SAYS "WEVE CONFIRMED THAT BING IS CURRENTLY INACCESSIBLE IN CHINA AND ARE ENGAGED TO DETERMINE NEXT STEPS".

  • MELBOURNE, Jan 24- London aluminium prices slipped on Thursday from near one-month highs hit the session before on expectations that a period of tight supply will soon ease. *London Metal Exchange aluminium slipped by 0.7 percent to $1,896 a tonne by 0117 GMT, trimming a 1.4 percent gain in the previous session that saw prices tip the highest in a month at $1,917.

  • With street protests against Maduro under way across Venezuela, President Donald Trump said the United States recognized Juan Guaido, head of the opposition-controlled National Assembly congress, as the country's leader and called socialist Maduro's government "illegitimate." A senior U.S. official, speaking on condition of anonymity, warned Maduro and...

  • WASHINGTON, Jan 23- The United States on Wednesday rejected a move by Venezuela's Nicolas Maduro to break diplomatic ties, saying it did not think he had the authority to cut ties and it would conduct relations with a government led by opposition leader Juan Guaido. "The United States maintains diplomatic relations with Venezuela and will conduct our relations...

  • SEOUL, Jan 24- South Korea's central bank kept monetary policy steady on Thursday in a widely expected move, after tightening in November, as global trade pressures drag on its export-reliant economy. The Bank of Korea kept its seven-day repurchase rate at 1.75 percent, as predicted by all 11 economists in a Reuters poll. Governor Lee Ju- yeol is due to hold a news...

  • WASHINGTON, Jan 23- The United States on Wednesday rejected a move by Venezuela's Nicolas Maduro to break diplomatic ties, saying it did not think he had the authority to cut ties and it would conduct relations with a government led by opposition leader Juan Guaido. "The United States maintains diplomatic relations with Venezuela and will conduct our relations...

  • WASHINGTON, Jan 23- The U.S. House of Representatives tax committee has canceled a hearing that was scheduled for Thursday on the impact of the partial government shutdown on the Internal Revenue Service and the federal tax season, a committee spokesman said on Wednesday. Treasury Secretary Steven Mnuchin last week declined a request by Representative...

  • OTTAWA, Jan 23- A top executive from Huawei Technologies Co Ltd being held in Canada can make "strong arguments" against extradition to the United States, in part due to President Donald Trump's politicization of the case, Canada's ambassador to China said. Canadian envoy John McCallum's comments to Chinese-language media, which were broadcast on Wednesday, are...

  • SEOUL, Jan 24- Kang Sung- il buys Sancho, his Pomeranian, a toy every business trip and this Lunar New Year holiday will dress him up in a new $50 suit to visit' grandma', Kang's mother. South Korea's pet industry is booming, fuelled by the same factors that have made the country's birth rate, at 1.05 births per woman, the lowest in the world: the high cost of education and...

  • In a 8-4 decision, the 7th U.S. Circuit Court of Appeals in Chicago said the "plain language" of the Age Discrimination in Employment Act, which forbids discrimination against people 40 and older, showed that Congress intended that law to cover current employees, not outside job applicants. It also reinstated a federal district judge's dismissal of Illinois...

  • BRASILIA, Jan 22- Brazil will add the Trans-Amazonian Highway to the list of projects for privatization, its infrastructure minister said on Tuesday, seeking new investment to pave part of a dictatorship-era roadway already blamed for extensive deforestation. President Jair Bolsonaro's government is seeking to overhaul Brazil's poor transportation...