Investing

Shares of electric-vehicle makers traded lower Tuesday, as delivery data failed to spark investor interest following a stellar 2023 for the group. The Global X Autonomous & Electric Vehicles ETF DRIV dropped 1.8%, after soaring 24.2% in 2023. The ETF underperformed the S&P 500 index SPX, which slipped 0.6% on…

The Organization of the Petroleum Exporting Countries and the allies announced Wednesday they would delay their much-anticipated meeting by four days, raising speculation that the oil producers will face a more challenging path to an agreement on output levels. The group of major oil producers, known as OPEC+, will hold…

Oil futures ended lower Wednesday, but off the session’s worst levels, after reports said the Organization of the Petroleum Exporting Countries and its allies delayed a meeting previously set for Sunday amid a dispute over production levels. The Energy Information Administration reported weekly gains in U.S. crude and gasoline inventories…

Oil prices pushed lower on Thursday, as investors grew increasingly unsettled following a decision by the Organization of the Petroleum Exporting Countries and its allies to delay a much anticipated meeting by four days. Price drivers West Texas Intermediate crude futures CL.1, -2.26% CL00, -2.26% CLF24 for January delivery fell $1.51,…

By Adriano Marchese Vertex Pharmaceuticals said its treatment Kaftrio has been approved for a label expansion to treat children with cystic fibrosis in the European Union. The pharmaceutical company said Thursday that the European Commission has granted approval for the label expansion of Kaftrio, also known as ivacaftor, tezacaftor and…

By Yusuf Khan The Organization of the Petroleum Exporting Countries said it will move its next ministerial meeting online, following its decision to delay the gathering by four days, a further sign of conflict within the oil-producing cartel. OPEC and a group of Russia-led allies had been set to meet…

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