Breaking Business news from across New Jersey.
ANKARA (Reuters) – Turkey’s industrial production index is expected to have barely expanded in October, a Reuters poll showed on Wednesday, with some economists expecting a contraction as a slowdown…
BERLIN (Reuters) – Volkswagen will invest 460 million euros ($482 million) by early 2025 in its Wolfsburg plant, with most of the funds to be spent for the production of…
By Fergal Smith TORONTO (Reuters) – Canada’s dollar will rally over the coming year as major commodity consumer China loosens its COVID-19 restrictions and the Federal Reserve potentially concludes its…
(Reuters) – Employers have been asking workers with increasing urgency this year to return to the office, while workers are demanding flexibility, creating a tussle that is yet to be…
By Natalie Grover and Danilo Masoni LONDON (Reuters) – Shares of GSK and Sanofi surged on Wednesday, adding more than $20 billion in combined value in early trade following the…
By Tim Hepher PARIS (Reuters) – Airbus on Tuesday abandoned a numerical forecast for jet deliveries and a date for its key production goal but maintained financial targets as it…
FRANKFURT (Reuters) – Euro zone consumer expectations for inflation in the year ahead rose in October but predictions for three years out held steady at a rate still well above…
By Huw Jones LONDON (Reuters) – European Union plans to shift derivatives clearing worth trillions of euros from London to the bloc have ditched hardline rhetoric in favour of pragmatism…
(Reuters) – Neuralink, the Elon Musk company that Reuters reported on Monday is the target of a federal investigation over its animal trial program, has been trying to develop a…
(Reuters) – Dollarama Inc raised its full-year same-store sales forecast on Wednesday, as the Canadian discount store chain benefited from inflation-weary consumers shopping at its stores in search of cheaper…
By Rowena Edwards LONDON (Reuters) – European motorists could find Russian diesel in their tanks even after bans take effect because regulators lack tools to trace the origin of fuel…
ATHENS (Reuters) -Greece’s economy shrank in July-to-September compared with the second quarter, as declining net exports and public spending offset strong tourism, statistics service (ELSTAT) said on Wednesday. Seasonally adjusted…
LONDON (Reuters) -Applying the remaining set of global bank capital rules in Britain will increase capital requirements by about 6% by the end of the decade, the Bank of England…
(Reuters) – China’s central bank said on Wednesday it had added 32 tonnes of gold worth around $1.8 billion to its reserves, the first time it has disclosed an increase…
PARIS (Reuters) – A French watchdog has ordered U.S. e-commerce giant Amazon.com to pay 3.3 million euros ($3.5 million) in penalties for failing to modify contractual provisions related to third-party…
By Swati Bhat and Chris Thomas MUMBAI (Reuters) – India’s central bank raised its key policy rate by 35 basis points to 6.25% on Wednesday, the highest in over three…
(Reuters) – U.S. ride-hailing firm Uber Technologies Inc and driverless tech-maker Motional have launched their public robotaxi service in Las Vegas on Wednesday. Tough regulatory scrutiny and delayed commercial adoption…
By Gabriel Burin BUENOS AIRES (Reuters) – The Mexican peso will weaken only modestly in 2023 through a gathering economic slowdown as confidence in the country’s moderate policies and manageable…
By David Shepardson WASHINGTON (Reuters) – Workers begin two days of voting on Wednesday to decide whether to unionize at a General Motors-LG Energy battery cell manufacturing joint venture in…
By Marie Mannes (Reuters) – Swedish electric self-driving truck start-up Einride said on Wednesday it had agreed to raise capital of $500 million from debt, equity and the conversion of…
A look at the day ahead in U.S. and global markets from Mike Dolan. With everyone on Wall St seemingly hand wringing about stagflation next year, the price of crude…
By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM (Reuters) – The European tech industry saw $400 billion in value wiped out this year and an 18% decline in venture capital funding,…
By Lawrence White LONDON (Reuters) -Barclays said it had appointed Alistair Currie as chief operating officer on Wednesday, replacing Mark Ashton-Rigby, in a management reshuffle by Chief Executive C.S. Venkatakrishnan.…
BRUSSELS (Reuters) – Euro zone gross domestic product (GDP) grew by slightly more than initially estimated, data from the European statistics agency Eurostat showed on Wednesday, with household spending and…
By Sophie Yu and Martin Quin Pollard BEIJING (Reuters) – Searches on Chinese travel sites surged and social media platforms were flooded with delight and relief on Wednesday as the…