IBT Staff Reporter

6781-6810 (out of 154944)

Analysis: Colombia's Extractive Industries Watching Election Warily

Colombia's leftist firebrand presidential candidate Gustavo Petro is too close in recent polls for the comfort of oil companies and miners who worry that his promised policies would imperil Colombia's economy and energy self-sufficiency, high-ranking industry figures and business associations said.

Australia Takes Steps To Avert Future Energy Crises

Australia's national and state ministers on Wednesday backed plans to spur investment in energy sources to supplement wind and solar, and to give the energy market operator authority to buy gas reserves needed to avert future fuel crises.

S&P 500, Dow Fall As Intel Slides

The Dow and the S&P 500 index slipped in choppy trading on Wednesday, pulled lower by shares of Intel after a bearish brokerage report, while the Nasdaq was propped up by gains in Tesla and Apple.

Wall Street Falls As Amazon, Chipmakers Weigh

U.S. stock indexes fell on Wednesday as Amazon.com declined and chipmakers came under pressure after a bearish brokerage report on Intel, while higher oil prices deepened worries about global inflation.

EU Lawmakers Reject Carbon Market Reforms In Divisive Climate Vote

The European Parliament on Wednesday rejected a proposal to reform the European Union's carbon market and will send it back to a parliamentary committee to be redrafted, in a rare move that exposed divisions on the bloc's biggest climate change policy and could delay the measure.

Spotify Promises Rosy Returns From Podcasts And Audiobooks Someday

Spotify Technology SA on Wednesday promised high-margin returns from its costly expansion into podcasts and audiobooks as the audio streaming company hosted its first investor day since going public in 2018, hoping to stoke Wall Street's enthusiasm despite the slowing global economy.

Wall Street Stock Trading Rules Set For Overhaul

The top U.S. securities regulator on Wednesday unveiled potential rule changes to transform how Wall Street handles retail stock trades after the meme stock mania last year raised questions about whether mom-and-pop investors were getting the best price.

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