Breaking Business news from across New Jersey.
ACCRA (Reuters) – Germany has pledged 82 million euros ($86 million) to Ghana in grants to support renewable energy and financial sector development, Ghana’s finance ministry said in a statement…
By Padraic Halpin DUBLIN (Reuters) -Ireland’s domestic economy shrank by 1.1% quarter-on-quarter from July to September, following the strong investment driven growth of 4.7% in the second quarter of the…
(Reuters) – Global equity funds recorded enormous outflows in the week ended on Nov. 30 as investors booked profits – after a rally in the last month – amid concerns…
By Jane Lanhee Lee REDWOOD CITY, Calif. (Reuters) – Reach Power Inc, a Silicon Valley startup that beams electricity wirelessly, said on Friday it had raised $30 million in a…
By Andrew Goudsward (Reuters) – Turmoil in the cryptocurrency industry has rattled major exchanges and sent the value of digital assets tumbling, but at least one group stands to gain:…
MEXICO CITY (Reuters) – Mexico will raise the minimum wage by 20% next year after employers, labor representatives and the government reached an agreement, officials said on Thursday, although some…
BERLIN (Reuters) – German Chancellor Olaf Scholz welcomed comments by U.S. President Joe Biden that he is open to tweaking the Inflation Reduction Act that has raised fears in Europe…
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe. It’s payrolls Friday, yet the most keenly awaited U.S. economic data point may not hold much…
(Reuters) – Regulators must step in to protect crypto investors after the collapse of FTX, financial industry executives and lawmakers said at the Reuters NEXT conference this week, the latest…
BERLIN (Reuters) – German exports fell more than expected in October, as high inflation and supply chain snags hit demand in its key trading partners, further raising the spectre of…
BRUSSELS (Reuters) – Euro zone producer prices fell more than expected month-on-month in October and decelerated sharply year-on-year, underlining economists’ expectations that inflation may have peaked. The European Union’s statistics…
By Tim Hepher PARIS (Reuters) -Airbus delivered an estimated 66 jets in November, leaving itself a near-record challenge of 137 in December to meet its 2022 goal, though it has…
PARIS (Reuters) -The United Nations food agency’s world price index fell marginally in November, marking an eighth straight monthly fall since a record high in March after Russia’s invasion of…
By Tim Hepher MUNICH (Reuters) – Airbus, struggling to meet resurgent jet demand in the face of crumbling supply chains and labour shortages, has exceeded this year’s hiring targets but…
By Julie Zhu, Engen Tham and Jing Xu HONG KONG/SHANGHAI/BEIJING (Reuters) -China has ordered its top four state-owned banks to issue offshore loans to help developers repay overseas debt, three…
MADRID (Reuters) -Unemployment fell and net jobs were created in November in Spain, official data showed on Friday, reflecting strength in the labour market despite a slowing economy. The figures…
By Akash Sriram (Reuters) -Tesla Inc Chief Executive Elon Musk delivered the company’s first heavy-duty Semi on Thursday to PepsiCo without offering updated forecasts for the truck’s pricing, production plans…
By Nobuyo Saito TOKYO (Reuters) – Japanese shares of soccer-related companies had a good day on Friday as they mirrored the national team’s roller-coaster performance at the World Cup where…
By Oliver Hirt, Selena Li, Sumeet Chatterjee and Noele Illien ZURICH (Reuters) -Credit Suisse is accelerating cost cuts announced just weeks ago, Chairman Axel Lehmann said on Friday, as client…
(Reuters) -Binance paused withdrawals of Ankr tokens after the cryptocurrency exchange’s CEO Changpeng Zhao said the tokens were possibly targeted by hackers. Ankr told decentralized exchanges to block trading and…
STOCKHOLM (Reuters) – Sweden-based Volvo Car AB said on Friday its sales grew 12% year-on-year in November to 59,154 cars. “Overall underlying demand for the company’s cars continues to remain…
ZURICH (Reuters) – Credit Suisse Chairman Axel Lehmann said in a TV interview with Bloomberg on Friday the embattled bank’s outflows have basically stopped and that it is seeing partial…
By Eduardo Baptista BEIJING (Reuters) – As a physics student at the elite Peking University in Beijing, Lynn Lau was expecting big Chinese private sector companies to scour the campus…
By Jamie McGeever ORLANDO, Fla. (Reuters) -What many people saw as an open goal for the Federal Reserve chair on Wednesday, it seems Jerome Powell saw as a potential own…
By Patturaja Murugaboopathy and Chi Xue (Reuters) – Analysts have upgraded forecasts for Chinese corporate earnings in 2023, on expectations that its economy will benefit from stimulus measures and the…