Breaking Business news from across New Jersey.
BEIJING (Reuters) -Chinese consumers clutched their wallets tight in this year’s Singles Day and continued seeking relatively economical home brands over pricier expensive labels, as strict COVID-19 curbs and economic…
NUSA DUA, Indonesia (Reuters) – French Finance Minister Bruno Le Maire said on Monday that Europe and France were paying a heavy price for Russia’s actions in Ukraine through higher…
BEIJING (Reuters) -Chinese regulators have told financial institutions to extend more support to property developers to shore up the country’s struggling real estate sector, two sources with direct knowledge of…
By Andrea Shalal WASHINGTON (Reuters) -The head of the International Monetary Fund on Sunday welcomed a long-awaited debt deal by Chad’s creditors and said it would reduce the African country’s…
By Jasper Ward NASSAU, Bahamas (Reuters) – The collapse of cryptocurrency exchange FTX is the subject of scrutiny from government investigators in the Bahamas, who are looking at whether any…
By Suban Abdulla LONDON (Reuters) – Asking prices for British residential properties are dropping and there are signs that the fallout from the “mini-budget” bond market rout is weighing on…
By David Lawder NEW DELHI (Reuters) -The United States is happy for India to continue buying as much Russian oil as it wants, including at prices above a G7-imposed price…
LONDON (Reuters) – The British government must be willing to make politically unpopular choices in areas such as immigration and regulation to boost business investment and economic growth, the Confederation…
By Suban Abdulla LONDON (Reuters) – British employers are planning the biggest pay hikes in a decade to fill roles but real-term wages will still grow more slowly than inflation,…
LONDON (Reuters) – British trade minister Kemi Badenoch will visit Washington on Monday to meet politicians and address business representatives to try to boost ties with the United States even…
WASHINGTON (Reuters) – The U.S. Federal Reserve may consider slowing the pace of rate increases at its next meeting but that should not be seen as a “softening” in its…
LONDON (Reuters) -German military equipment manufacturer Rheinmetall said on Sunday it has agreed a deal to acquire Spanish explosives and ammunition maker Expal Systems for an enterprise value of 1.2…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian markets kick off the trading week on Monday, with investors probably still…
(Reuters) – Twitter’s billionaire owner Elon Musk on Sunday said that Twitter will soon enable organizations to identify twitter accounts associated with them as the new Twitter owner continues to…
KYIV (Reuters) – The alert ‘UKRAINE CENTRAL BANK PREPARES BANKING SYSTEM TO WORK IN EMERGENCY CONDITIONS IN CONNECTION WITH POSSIBLE BLACKOUTS’ and story are wrong and are withdrawn. They were…
PRAGUE (Reuters) – The Czech National Bank is unlikely to have to intervene in currency markets as much as it has in recent months when pressure against the crown was…
By Lewis Krauskopf NEW YORK (Reuters) -Hopes that inflation is subsiding are fueling a surge in battered technology and megacap stocks, though some investors believe still-high valuations and doubts over…
NUSA DUA, Indonesia (Reuters) – The U.S. Treasury Secretary Janet Yellen on Sunday said that the Democrats’ clinching of U.S. Senate control makes things easier for the Biden administration, but…
By Francesco Guarascio HANOI (Reuters) – German Chancellor Olaf Scholz discussed energy and trade ties with Vietnam’s Prime Minister Pham Minh Chinh during a visit to Hanoi on Sunday, the…
LONDON (Reuters) – Britain’s labour force shortages are more of an issue for the economy than Brexit, finance minister Jeremy Hunt said on Sunday, adding that he would seek to…
BEIJING (Reuters) – U.S. automaker Tesla said on Sunday it will assist Chinese police investigating a crash involving one of its Model Y cars after local media reports said two…
FRANKFURT (Reuters) – Germany’s IG Metall union on Sunday called for new strikes on Monday in its ongoing wage dispute. The so-called warning strikes will take place at targeted locations…
(Reuters) – Cryptocurrency exchange Binance has stopped accepting deposits of FTX’s FTT token on its platform, its chief executive Changpeng Zhao said on Sunday, urging other rival exchanges to do…
BEIJING (Reuters) – China’s economy has grown 3% over the past three quarters and is stabilising on an “upward trend”, Chinese Premier Li Keqiang said, vowing to continue to support…
(Reuters) -Blackrock Inc has put off the launch of an exchange traded fund (ETF) that invests in Chinese bonds, amid growing tension between Washington and Beijing, the Financial Times said…