Breaking Business news from across New Jersey.
By Marie Mannes STOCKHOLM (Reuters) – Sweden’s competition authority has expressed concern about margins being charged by supermarkets and wholesalers as it probes possible profiteering in a country that saw…
By Lewis Jackson SYDNEY (Reuters) – PricewaterhouseCoopers (PwC) Australia is under fire after a former partner leaked confidential government tax plans between 2014 and 2017 which were then used to…
(This June 23 story has been corrected to say analysts had suggested cases in California, not only the Goetz case, would have cost GSK ‘low hundreds of millions’ of dollars…
FRANKFURT (Reuters) – High interest rates will keep a lid on the pace of bank lending in Europe this year and next, with a particular slowdown in growth in Germany…
By Nick Carey, Paul Lienert and Victoria Waldersee LONDON (Reuters) – Global automakers have touted plans to re-use electric vehicle (EV) batteries when they lose power, but competition for battery…
By Sinead Cruise and Carolina Mandl LONDON/NEW YORK (Reuters) – Deutsche Bank has told clients it can no longer guarantee full access to Russian stocks that belong to them, underlining…
(Reuters) -It’s been a turbulent week or two for markets, with one central bank after another making it very clear the only way for rates right now is up as…
A look at the day ahead in European and global markets from Tom Westbrook Investors in the Asia session were circumspect after an extraordinary weekend in Russia, briefly bidding up…
By Pete Schroeder WASHINGTON (Reuters) – The U.S. Federal Reserve is due to release the results of its annual bank health checks on Wednesday, June 28. Under the “stress test”…
By Pete Schroeder WASHINGTON (Reuters) – Big U.S. lenders are expected to show they have ample capital to weather any fresh turmoil in the banking sector during this week’s Federal…
SEASIDE HEIGHTS, NJ – Ten years after it was nearly destroyed by Superstorm Sandy, the Casino Pier, known for the iconic rollercoaster in the Atlantic Ocean in the aftermath has…
By Lewis Jackson SYDNEY (Reuters) -PricewaterhouseCoopers Australia staff who are found to have acted improperly in a scandal over the leaking of government tax plans will face “severe” consequences, acting…
Clairton, PA – Early Sunday morning, at around 5:45 a.m., the Clairton Police Department responded to a report of a fight in the 800 block of Vankirk Avenue. Police were…
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -A Bank of Japan (BOJ) policymaker called for an early revision to its controversial yield curve control, a summary of opinions at…
(Reuters) – Law-enforcement officials and retailers are investigating a recent wave of bomb threats across the United States, targeting grocery operators and other stores, the Wall Street Journal reported on…
By Melanie Burton and Harish Sridharan MELBOURNE (Reuters) – Element 25 Ltd said on Monday it will supply manganese sulphate to General Motors as the automaker looks to secure supply…
By Mohi Narayan and Andrew Hayley (Reuters) – China is relentlessly adding new petrochemical capacity despite a global glut as the country’s refiners diversify from transport fuels, threatening to depress…
NEW YORK/LONDON (Reuters) -Investors were watching for ripple effects from the aborted mutiny in Russia, with some expecting a move into safe havens such as U.S. government bonds and the…
By Summer Zhen HONG KONG (Reuters) -Investors are waiting for a big burst of stimulus from China before they make more aggressive bets on a recovery, having spent the past…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets on Monday kick off what looks like a…
(Reuters) – A group of investors led by Apollo Global Management is making a debt investment between $1 billion to $2 billion in chipmaker Wolfspeed to support its expansion in…
BEIJING (Reuters) – China needs to step up measures as soon as possible to bolster a faltering post-COVID recovery in the world’s second-largest economy, a senior economic official with the…
By Lewis Krauskopf NEW YORK (Reuters) -Some Wall Street banks are sounding caution on the U.S. stock rally, warning that stretched valuations have made equities more vulnerable to declines. The…
By Asif Shahzad ISLAMABAD (Reuters) – Pakistan’s parliament on Sunday approved the government’s 2023-24 budget which was revised to meet International Monetary Fund conditions in a last ditch effort to…
BANGKOK (Reuters) – Thailand’s policy interest rate remains low and further tightening will be gradual to curb inflation risks as the economy continues to recover, a deputy central bank governor…