Breaking Business news from across New Jersey.
By Natalie Grover LONDON (Reuters) – Since the pandemic emerged, more top drugmakers have made progress in improving access to medicines in the developing world, but those gains are largely…
By Marc Jones LONDON (Reuters) – A closely-watched survey of global investor views published on Tuesday showed a growing angst that recessions and stagflation episodes will be stalking the world…
By Jonathan Stempel (Reuters) -Berkshire Hathaway Inc said it bought more than $4.1 billion of stock in Taiwan Semiconductor Manufacturing, a rare significant foray into the technology sector by billionaire…
By Mimosa Spencer PARIS (Reuters) – Luxury shoppers are getting younger and younger, forming a group that’s expected to buoy growth in the sector in the coming years with purchases…
MUMBAI (Reuters) -The Reserve Bank of India is likely to opt for a 35 basis points (bps) rate hike at its policy meeting in December, after three consecutive 50 bps…
A look at the day ahead in U.S. and global markets from Mike Dolan. As investors closely monitor shifting economic sands, signs of some easing of this year’s tense geopolitics…
By David Shepardson WASHINGTON (Reuters) – A group of 10 Democratic senators Tuesday urged U.S. auto safety regulators to move quickly to issue new regulations after traffic crash deaths hit…
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) – Wall Street investment bankers can expect much smaller bonuses this year as the economy slows, according to projections published on…
By Dietrich Knauth and Brendan Pierson (Reuters) – FTX Trading’s new CEO John J. Ray III, a lawyer tapped to lead the collapsed crypto exchange’s restructuring, previously oversaw the $23…
A look at the day ahead in European and global markets from Anshuman Daga Just as investors were starting to put aside worries of rate increases from the Federal Reserve,…
By Manoj Kumar NEW DELHI (Reuters) – India’s annual retail inflation eased to a three-month low of 6.77% in October, helped by a slower rise in food prices and a…
By Pavel Polityuk, Maytaal Angel and Nigel Hunt KYIV/LONDON (Reuters) – War, rain and economic hardship have depressed Ukraine’s wheat plantings, depriving the nation of vital export earnings in 2023…
BERLIN (Reuters) – Exports of German machinery and plant machinery fell by 2.8% in real terms in the first nine months of this year as COVID restrictions in China weighed…
WASHINGTON (Reuters) – The White House on Tuesday said it had pushed out $185 billion in funding under a $1 trillion bipartisan infrastructure law passed last year, with that same…
BRUSSELS (Reuters) – Euro zone gross domestic product grew by 0.2% quarter-on-quarter in the July-September period for a 2.1% year-on-year increase, Eurostat confirmed on Tuesday, while employment in the single…
(Corrects Chinese leader’s name in first paragraph, Jinping, not Jingping) SYDNEY (Reuters) – Australian Prime Minister Anthony Albanese said on Tuesday he had a positive discussion with China President Xi…
By Ellen Zhang and Kevin Yao BEIJING (Reuters) – China’s economy suffered a broad slowdown in October as factory output grew more slowly than expected and retail sales fell for…
By David Kirton and Josh Ye SHENZHEN, China/HONG KONG (Reuters) -Chinese tech giant Tencent Holdings has begun a new round of job cuts targeted at its video streaming, gaming and…
By Chris Taylor NEW YORK (Reuters) – For Michael Whitty, it all started with one question: “I wonder how much this is all adding up to?” That is what the…
(Reuters) – Financial regulators in the Bahamas on Monday appointed liquidators to run FTX’s unit in the country, just days after authorities said they were looking for any “criminal misconduct”…
By Huw Jones LONDON (Reuters) – Climate-related stress tests for banks need to better capture the indirect fallout of climate change on lenders and the wider global economy, the G20’s…
(Reuters) – Poland’s gross domestic product rose 3.5% year-on-year in the third quarter compared to 5.8% rise in the previous quarter, a first estimate from the statistics office showed on…
By Sarah Young LONDON (Reuters) -Britain’s biggest defence company, BAE Systems, lifted its earnings guidance on Tuesday after reporting “very strong” orders for 2022, and forecast more growth next year…
By Noele Illien ZURICH (Reuters) -Credit Suisse said on Tuesday it has finalised the sale of most of its Securitized Products Group and related financing businesses to U.S. buyout fund…
By Daniel Leussink TOKYO (Reuters) -The European Central Bank (ECB) will probably continue to raise interest rates beyond 2%, but “jumbo” rate hikes will not become a new habit, France’s…