Duke Energy 3Q earnings hurt by mild weather

NEW YORK (AP) — Duke Energy, the nation's largest electric utility by market value, reported stronger-than-expected earnings for the third quarter but company executives said the outlook for strong economic growth in the U.S. is dim.

Kuwait Petroleum Selects Total as Partner in $9 Billion China Refinery

Kuwait chose Total (FP) SA as the third partner to build a $9 billion oil refinery in China, the head of Kuwait Petroleum Corp. said, as the Gulf state seeks a foothold in Asia’s biggest consumer of refined products.