Jury selection underway in ex-Goldman banker’s 1MDB corruption trial
By Luc Cohen NEW YORK -Jury selection began on Monday in the U.S. corruption trial of a former Goldman Sachs banker accused of helping to launder hundreds of millions of…
Breaking Business news from across New Jersey.
By Luc Cohen NEW YORK -Jury selection began on Monday in the U.S. corruption trial of a former Goldman Sachs banker accused of helping to launder hundreds of millions of…
By Andrea Shalal and David Lawder WASHINGTON – U.S. officials called on Monday for “concrete action” from China to make good on its commitment to purchase $200 billion in additional…
– European Central Bank President Christine Lagarde has warned of “geopolitical clouds” over the European economy due to possible fall-out from further escalation of tensions between Russia and the West…
Two major U.S. airlines announced Monday that they would merge companies becoming the nation’s fifth-largest airline. Frontier Group Holdings, Inc. agreed to buy Spirit Airlines, Inc. for $2.9 billion in…
ZAGREB – The designer who won a competition last week for creating Croatia’s first one-euro coin said on Monday that he was withdrawing his entry and returning the prize money…
WASHINGTON – The United States and Japan on Monday are set to announce a deal to grant Japanese steelmakers relief from Trump-era U.S. tariffs for a limited amount of steel…
FRANKFURT – Euro zone inflation risks are on the rise but price pressures could still subside before becoming entrenched in expectations, European Central Bank President Christine Lagarde said on Monday.…
By Toby Sterling AMSTERDAM -The Dutch antitrust watchdog on Monday fined apple Apple 5 million euros ($5.72 million) for a third time for failing to allow software application makers in…
By Hadeel Al Sayegh DUBAI -Uber’s Middle East business Careem is looking to hire more than 200 people, according to a company LinkedIn post, as it expands the roll out…
AMSTERDAM – The Dutch antitrust watchdog on Monday fined Apple a further 5 million euros ($5.71 million) for failure to comply with an order to open its app store to…
By Marianna Parraga and Matt Spetalnick HOUSTON/WASHINGTON – The Biden administration is considering a Chevron Corp proposal to allow the U.S. oil major to accept and trade Venezuelan oil cargoes…
– Nissan Motor Co Ltd plans to stop developing new internal combustion engines in all its major markets except the United States and focus on making electric vehicles, the Nikkei…
By Elizabeth Howcroft LONDON – On Jan. 12, an image of a computer-generated pixelated person was sold for about $50.6 million worth of cryptocurrency on a new online marketplace that…
By Supantha Mukherjee STOCKHOLM -Swedish price comparison firm PriceRunner said on Monday it was suing Alphabet-owned Google for about 2.1 billion euros ($2.4 billion), the latest firm to take legal…
(This Feb. 4 story was refiled to change name to Garnry in 15th and 17th paragraph, clarifies designation in 15th paragraph) By Saikat Chatterjee and Danilo Masoni LONDON – Unnerved…
By Makiko Yamazaki TOKYO -Toshiba Corp announced on Monday that it now aims to break up into two companies instead of three, while also unveiling a big boost to planned…
NEW YORK -Bank of America said on Monday its customers made $335 billion in total payments in January, a 17% increase over January 2021. Credit and debit card spending was…
By Svea Herbst-Bayliss BOSTON -Activist investment firm Ortelius Advisors wants to take control of petrochemical products company Trecora Resources’ board and has nominated six directors, according to a letter seen…
By Marwa Rashad LONDON – The threat of disruptions to Europe’s gas supply from Russia, in the event the West imposes sanctions if Russia invades Ukraine, has prompted a debate…
VIENNA – An antitrust court in Austria on Monday approved with conditions Facebook’s purchase of animated images platform Giphy, in a boost for the social media giant after a UK…
By Hannah Lang -A group of major cryptocurrency firms including Coinbase, Circle, Anchorage Digital and Huobi Global are forming a new coalition aimed at cracking down on market manipulation in…
By Brenna Hughes Neghaiwi and Silke Koltrowitz ZURICH – Credit Suisse faced charges in a Swiss court on Monday of allowing an alleged Bulgarian cocaine trafficking gang to launder millions…
– Bumble Inc said on Monday it has bought France’s Fruitz in its first acquisition, as the dating app company tries to strengthen its foothold in Europe, where it plays…
By Huw Jones LONDON – Rapid action is needed to update how cross-border financial services are scrutinised and consumers protected as the sector becomes digitalised with “Big Tech” playing an…
By Julia Love and Helen Coster – With just weeks to go before an expected launch, Donald Trump’s new media venture is trying to strike a delicate balance with its…