CNBC Utilities Page Wires

  • CHICAGO, March 21- American Airlines pilots expect to test Boeing Co's 737 MAX software fix on simulators this weekend, the pilots' union told Reuters on Thursday, a key step in restoring their confidence in the jet after two fatal crashes. Boeing has been working on a software upgrade for an anti-stall system and pilot displays on its fastest-selling jetliner in...

  • INDONESIA'S GARUDA CANCELLING 49- PLANE BOEING 737 ORDER AFTER CRASHES- AFP.

  • TOKYO, March 22- Japan's annual core consumer inflation slowed in February as gasoline costs fell for the first time in more than two years, keeping the central bank under pressure to maintain, or even ramp up, stimulus to accelerate price growth to its 2 percent target. The data adds to growing signs that Sino-U.S. trade tensions and slowing global demand are...

  • BEIJING, March 22- China is urging rural governments to offer temporary subsidies to pig breeding farms and large-scale producers to help stabilize hog production, as the worst disease outbreak in years threatens to slash pork supplies. The agriculture ministry outlined measures on Friday to ensure a quick return to stable pig production, including...

  • *Corn supported by flooding in the western Corn Belt, including Iowa and Nebraska, two of the top three corn-producing states. Early estimates of lost crops and livestock are approaching $1 billion in Nebraska alone. *The U.S. National Oceanic and Atmospheric Administration said on Thursday that the extensive flooding in Nebraska and Iowa would persist in the...

  • SEOUL, March 22- Investors in Hyundai Motor Group companies rejected on Friday Elliott Management's demands for a massive special dividend, dealing a blow to the U.S. hedge fund's campaign to shake up South Korea's second-biggest family-run conglomerate. Elliott, founded by billionaire Paul Singer, successfully led a campaign against Hyundai's ownership...

  • March 21- Tesla Inc's vehicle deliveries scheduled across Europe, China and North America should be a "primary priority" for all employees during the last 10 days of the first quarter, Chief Executive Officer Elon Musk said in an email to employees on Thursday. Deliveries set for two continents simultaneously with North America were a first for the Palo Alto,...

  • TOKYO, March 22- Japan's annual core consumer inflation slowed in February as gasoline costs fell for the first time in more than two years, keeping the central bank under pressure to maintain, or even ramp up, stimulus to accelerate price growth to its 2 percent target. The data adds to growing signs that Sino-U.S. trade tensions and slowing global demand are...

  • *Spot gold was down 0.1 percent at $1,308.26 per ounce as of 0119 GMT, after touching its highest since Feb. 28 at $1,320.22 in the previous session. *The dollar largely held onto the previous session's gains in early Asian trade on Friday, while sterling edged up on news that Britain could leave the European Union without a Brexit deal at a slightly later date.

  • HONG KONG, March 22- The United States warned in a report on Friday that increased meddling from China in Hong Kong had adversely impacted the city, straining international business confidence in the Asian financial hub. "The tempo of mainland central government intervention in Hong Kong affairs- and actions by the Hong Kong government consistent with...

  • Boeing has been working on a software upgrade for an anti-stall system and pilot displays on its fastest-selling jetliner in the wake of the deadly Lion Air crash in Indonesia in October. Similarities between the flight path in the Lion Air incident and a fatal Ethiopian Airlines crash on March 10 have raised fresh questions about the system, and pilots want...

  • TOKYO, March 22- Asian shares advanced on Friday after upbeat data and optimism in the tech sector lifted Wall Street stocks, helping calm some of the jitters sparked by the Federal Reserve's cautious outlook on the world's biggest economy. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.25 percent while Japan's Nikkei gained 0.3 percent.

  • Elliott Management had called for a special dividend and a board shake-up at Hyundai Motor Group, South Korea's No.2 family-run conglomerate, to address its "poor governance" and "excess cash."

  • KANSAS CITY, Mo., March 21- Floodwaters that devastated swaths of Nebraska and Iowa rolled downstream along America's longest river on Thursday, swamping more Midwestern farmland as waterfront communities in Missouri and Kansas hurried to shore up strained levees. Flooding of the Missouri River triggered by last week's so-called "bomb cyclone" storm has...

  • *EU demands UK decision by Apr 12. TOKYO, March 22- The dollar largely held onto the previous session's gains in early Asian trade on Friday, while sterling edged up on news that Britain could leave the European Union without a Brexit deal at a slightly later date. Britain could leave the European Union without a Brexit deal on April 12 if lawmakers next week reject...

  • TOKYO, March 22- Japan's JERA Co, a joint venture between Tokyo Electric Power and Chubu Electric Power, will enter the hydrogen fuel business, with plans to build one of the world's biggest production sites by mid-2020, the Nikkei reported. JERA will take over the dormant thermal-powered facility in Tokyo belonging to an affiliate of Tokyo Electric Power next...

  • 22- Mar Japan 3- month discount bill auction 26- Mar United States Sale of 2- year notes. 26- Mar Italy CTZ/BTPi auction 26- Mar Japan Auction of 40- year government bonds 26- Mar Germany Auction of 2- year Treasury notes 27- Mar United States Sale of 2- year floating rate notes 27- Mar United States Sale of 5- year notes 27- Mar Italy Bills auction 27- Mar Sweden...

  • FRANKFURT- Opening remarks by ECB Board Member Luis de Guindos at the ECB colloquium, marking the end of the tenure of Ignazio Angeloni as a member of the supervisory board of the European Central Bank in Frankfurt, Germany 0815 GMT. FRANKFURT- Speech by ECB Board Member Ignazio Angeloni at the ECB colloquium, marking the end of his tenure as a member of the...

  • LONDON, March 22- Investors are betting on heightened political uncertainty and greater volatility in European stock markets ahead of European Parliament elections in May amid growing concerns about rising populism. "We are seeing a bit of a kink around May when we have European elections and we have this wave of populism," said Edmund Shing, head of equities and...

  • NEW YORK, March 21- Uber Technologies Inc and Pinterest, two of the highest profile internet companies planning to go public this year, have picked the New York Stock Exchange as the venue for their stock listings, according to sources familiar with the matter. The companies and the NYSE declined to comment. NYSE has become the exchange of choice over NASDAQ for big...