Breaking Business news from across New Jersey.
(Reuters) -Chevron Corp has opened talks with Algeria to allow the U.S. oil firm to undertake energy exploration in the North African country, the Wall Street Journal reported on Monday.…
By Adnan Abidi, M. Sriram and Aditi Shah NEW DELHI (Reuters) – The crisis engulfing the Adani Group intensified on Monday as hundreds of members of India’s opposition parties took…
By Phuong Nguyen (Reuters) -Vietnamese electric vehicle maker VinFast is cutting its workforce in the United States, the company said on Monday, amid a restructuring in its major overseas market…
BRASILIA (Reuters) – Private economists now expect Brazil’s central bank to start cutting rates in November rather than September, a bank survey showed on Monday, after policymakers alerted last week…
By Gilles Guillaume and David Dolan LONDON/TOKYO (Reuters) – Renault SA has taken big steps to simplify its complicated alliance with Japan’s Nissan Motor Co, but still faces a tough…
By Svea Herbst-Bayliss NEW YORK (Reuters) – Silicon Valley law firm Wilson Sonsini Goodrich & Rosati hired a veteran attorney to help lead its shareholder activism practice at a time…
BERLIN (Reuters) – Germany will act as a drag on growth in Europe until at least 2030, as it faces pressure to address a declining workforce and sluggish investment, according…
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – The Russian central bank is expected to hold its key interest rate at 7.5% on Friday but may give a more…
By Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Monday said she saw a path for avoiding a U.S. recession, with inflation coming down significantly and the economy…
(Reuters) – Cummins Inc on Monday forecast fiscal 2023 revenue growth between 12% and 17%, anticipating strong demand for its engines used in trucks and other heavy vehicles. The company,…
BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva will this month restart the federal housing program “Minha Casa, Minha Vida” for lower income people, his chief of staff…
By Mark Weinraub CHICAGO (Reuters) – U.S. farmers are planning to boost corn acreage in 2023, eyeing lower prices of fertilizer needed to grow the crop and hoping for a…
PARIS/TOKYO (Reuters) – French carmaker Renault and its Japanese partner Nissan announced a deal on Monday to redesign their decades-long alliance aimed at easing tensions between the partners and putting…
(Reuters) – Abbvie will lift a self-imposed $2 billion limit on acquisitions and mergers placed following a $63 billion deal for Botox maker Allergan in 2020 that shot up its…
By Eva Mathews (Reuters) – Dell Technologies Inc is cutting about 6,650 jobs, or 5% of its global workforce, as it struggles with a slump in the personal computer market…
(Reuters) – Swiss citizens will get the chance to try to ensure their economy never becomes cashless, a pressure group said, after collecting enough signatures by Monday to trigger a…
By Gergely Szakacs BUDAPEST (Reuters) – Bank of England rate-setter Catherine Mann on Monday backed further increases in interest rates and warned that pausing, as some of her colleagues advocate,…
By Virginia Furness LONDON (Reuters) – Goldman Sachs Asset Management said on Monday it had launched a biomethane business called Verdalia Bioenergy and aimed to invest more than 1 billion…
By Anshuman Daga, Scott Murdoch and Svea Herbst-Bayliss SINGAPORE/NEW YORK (Reuters) – Hindenburg Research’s spectacular short bet against India’s Adani group could lead other investors to consider using similar strategies…
(Reuters) – Dell Technologies Inc said on Monday it would lay off about 5% of its workforce as it struggles with a slump in the personal computer market and braces…
By Vivek Mishra BENGALURU (Reuters) – The Indian government will meet its deficit target for the coming fiscal year, according to a Reuters poll of economists who were split on…
By Alun John LONDON (Reuters) – A look at the day ahead in U.S. and global markets from Alun John. It’s the Monday after the week before, but if U.S.-based…
NAIROBI (Reuters) – A labour court in Kenya ruled on Monday that Meta, the parent company of Facebook, can be sued in the East African country after a former content…
(Reuters) – U.S.-based advisory firm Innisfree M&A Incorporated sued Twitter on Friday in New York State Supreme Court, seeking about $1.9 million for what it says are unpaid bills after…
PRAGUE (Reuters) – Czech industrial output returned to pre-pandemic levels in 2022, growing 1.7%, data showed, mainly due to car production, which is likely to struggle this year from supply-chain…