Breaking Business news from across New Jersey.
By Fergal Smith TORONTO (Reuters) -Ontario on Monday projected a smaller budget deficit for the current fiscal year as robust economic growth boosted tax revenues in Canada’s most populous province,…
By Valentina Za MILAN (Reuters) -Italy’s Intesa Sanpaolo said on Monday it was selling its entire 5.1% stake in Nexi, in an effort to cash in on a recent rally…
By Howard Schneider and Ann Saphir (Reuters) -The Federal Reserve will likely soon slow its interest rates hikes, Fed Vice Chair Lael Brainard signaled on Monday, as the U.S. central…
By Paul Carrel LAUSANNE, Switzerland (Reuters) -Swiss National Bank Chairman Thomas Jordan issued another rate rise warning on Monday, saying it was likely the central bank will need to act…
By Nelson Acosta and Marc Frank HAVANA (Reuters) – Cuba has cut by half its original forecast for growth in 2022, the head of its chamber of commerce said on…
MEXICO CITY (Reuters) – Colombian industrial conglomerate Grupo Argos’ third-quarter net profit fell 9.2% from a year earlier, the company said Monday, following a jump in costs and expenses. The…
(Reuters) – ICE cotton futures fell as much as 3.5% on Monday, and were set for their biggest drop in eleven sessions, as a bounce-back in the U.S. dollar dented…
MEXICO CITY (Reuters) – The Bank of Mexico’s “synchronization” with the U.S. Federal Reserve on monetary policy is conditional, central bank board member Galia Borja said at an event Monday.…
(Reuters) -Cryptocurrency lender BlockFi said on Monday it has significant exposure to Sam Bankman-Fried’s crypto exchange FTX, and associated entities, that last week filed for bankruptcy. FTX founder Bankman-Fried also…
(Reuters) – Officials from U.S. President Joe Biden’s administration are finalizing a request this week for about $10 billion in public health funds by the end of the year, The…
LONDON (Reuters) – London Metal Exchange approved warehouses have not seen a surge of Russian metal after unfounded worries that the bulk of consumers would shun the metal, the LME…
By Carolina Mandl NEW YORK (Reuters) – Scion Asset Management’s Michael Burry, known for his timely bets against housing ahead of the 2008 financial crisis, added five new companies to…
(Reuters) -Recent turmoil in the cryptocurrency market shows the need for it to be firmly regulated the same way traditional finance is, Federal Reserve Vice Chair Lael Brainard said on…
(This Nov. 10 story has been refiled to correct Oracle’s inactive stock symbol in the first paragraph) By Jane Lanhee Lee and Chavi Mehta (Reuters) – Advanced Micro Devices Inc…
By Shreyashi Sanyal and Devik Jain (Reuters) -European shares closed higher on Monday driven by positive updates from companies including Germany’s Infineon and Britain’s Informa, while investors positioned themselves for…
MADRID (Reuters) -Truck drivers, who brought Spain to a halt earlier this year, began a new strike on Monday as hundreds marched through the capital Madrid demanding changes to road…
(Reuters) – Energy firms are using a chunk of their bumper quarterly profits from surging natural gas and fuel prices to reward shareholders with higher dividends and share buybacks. The…
By Clare Jim HONG KONG (Reuters) – Chinese property stocks and bonds rose sharply on Monday after news of further support measures from Beijing to boost liquidity in the sector,…
FRANKFURT (Reuters) – Euro zone wage growth may finally be picking up but longer-term inflation expectations are still anchored around the European Central Bank’s 2% target, ECB Vice President Luis…
By Nathan Gomes and Priyamvada C (Reuters) – United Rentals Inc said on Monday it would acquire the assets of smaller rival Ahern Rentals Inc for about $2 billion in…
By Shadia Nasralla SHARM EL-SHEIKH, Egypt (Reuters) – The heads of two big natural gas companies told Reuters on Monday they were seeking to use the setting of the COP27…
By Deborah Mary Sophia (Reuters) – Home Depot Inc and Lowe’s Cos Inc are likely to report rising sales in the third quarter as Americans continue to spend on home…
TRENTON, NJ – New Jerseyans struggling financially are about to get an eye-opening rude awakening this week when they start to go food shopping for their Thanksgiving dinner. According to…
By Michael S. Derby (Reuters) – Americans are bracing for higher levels of inflation over the next few years amid a major jump in the expected price of gasoline, a…
SAO PAULO (Reuters) -Brazilian planemaker Embraer SA on Monday reported a narrower third quarter net loss and boosted its free cash flow outlook for the full year, but acknowledged that…