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Utilities

UK business group condemns Labour nationalisation plans, Brexit delay

LONDON, May 21 Plans by Britain's opposition Labour Party to nationalise utilities including the country's electricity grid will damage investment as well as hurting many small shareholders, one of the country's main business groups warned on Tuesday.

2:00pm EDT

UPDATE 3-Fortum makes progress in talks to resolve Uniper standoff

FRANKFURT, May 21 Fortum on Tuesday made progress in talks over cooperation with energy group Uniper , of which it owns 49.99%, shortly after activist funds stepped back from increasing pressure on the Finnish utility to seek full control.

U.S. push to capture carbon fuses green and fossil-fuel interests

JACKSON, Wyoming, May 21 (Thomson Reuters Foundation) - J ason Albritton, who works for green group The Nature Conservancy, says he is all for technology to suck carbon dioxide (CO2), the main cause of climate change, out of the air.

Telecom Italia chief favours network control in any Open Fiber tie-up

MILAN, May 21 Telecom Italia (TIM) should seek a way to keep control of its fixed-line network if it is merged with smaller infrastructure provider Open Fiber, the former phone monopoly's chief executive said on Tuesday.

Countries fueling Libya conflict must be stopped -U.N. envoy

UNITED NATIONS, May 21 Libya is on the brink of a civil war that could "lead to the permanent division of the country," a top U.N. official warned the Security Council on Tuesday as he urged the world body to stop countries that were fueling the conflict with weapons.

Basic Materials, 11:45am EDT
Utilities
Nextera Energy Inc $200.21 +0.43%
Duke Energy Corp $87.62 +0.76%
Southern Co $54.20 +0.22%

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