Merchants want lower fees, need Amazon’s ads as US FTC files suit
By Arriana McLymore RALEIGH, North Carolina (Reuters) – Merchants who sell on Amazon.com want the online retailer to cut back on fees while some also worry the U.S. Federal Trade…
Breaking Business news from across New Jersey.
By Arriana McLymore RALEIGH, North Carolina (Reuters) – Merchants who sell on Amazon.com want the online retailer to cut back on fees while some also worry the U.S. Federal Trade…
(Reuters) -Hui Ka Yan, the chairman of China Evergrande Group, has been placed under police surveillance, Bloomberg News reported on Wednesday, citing people with knowledge of the matter. Hui was…
(Reuters) – Airbus, the biggest shareholder in French artificial heart maker Carmat, said on Wednesday it was aware of Carmat’s financial difficulties but did not say whether it would support…
By Luc Cohen NEW YORK (Reuters) – Sam Bankman-Fried, the founder of now-bankrupt cryptocurrency exchange FTX, has been preparing for his Oct. 3 trial on fraud charges from behind bars…
By Yantoultra Ngui and Phuong Nguyen SINGAPORE/HANOI (Reuters) – Singapore’s sovereign wealth fund GIC is among investors vying to buy up to 20% stake in grocer Bach Hoa Xanh from…
By Orathai Sriring and Chayut Setboonsarng BANGKOK (Reuters) -Thailand’s central bank unexpectedly raised its key interest rate for an eighth straight meeting on Wednesday, saying economic growth and inflationary pressures…
A look at the day ahead in U.S. and global markets by Mike Dolan The Federal Reserve has been so successful in preventing markets from running away with the prospect…
FRANKFURT (Reuters) -The amount of money circulating in the euro zone shrank by the most on record last month as banks curbed lending and depositors locked up their savings, two…
MANTOLOKING, NJ – Nestled in the picturesque Mantoloking community along the famed Jersey Shore, a stunning new custom home has emerged as a symbol of coastal luxury living. Priced at…
TOKYO (Reuters) -Mitsubishi Motors has decided to end automobile production in China, the Nikkei newspaper reported on Wednesday. The Japanese automaker is making final arrangements with its local joint venture…
By Jorgelina do Rosario LONDON (Reuters) – Central Asian economies from Mongolia to Kazakhstan and Uzbekistan will see strong growth this year and next thanks to rising trade and remittance…
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Hollywood’s writers union said its members could return to work on Wednesday while they decide whether to approve a three-year deal…
By Nate Raymond (Reuters) -Consulting firm McKinsey & Co has agreed to pay $230 million to resolve lawsuits by hundreds of U.S. local governments and school districts alleging it fueled…
BERLIN (Reuters) – German companies’ willingness to hire new staff took a hit in September, data from the Ifo Institute showed on Wednesday, underlining recession fears in Europe’s largest economy.…
BEIJING (Reuters) – Profits at China’s industrial firms extended a double-digit drop for the first eight months, but the pace of declines eased slightly as a flurry of policy support…
(Reuters) – Some members on the committee of Sri Lanka’s official creditors are pushing to reach a deal to restructure the nation’s debt without the participation of China, Bloomberg News…
NAIROBI (Reuters) – Kenya’s struggle with a heavy debt load and pressure on its hard currency reserves is not unique since other nations are facing the same situation, its finance…
By Daniel Leussink TOKYO (Reuters) – A Japanese government panel will discuss over the coming months whether to give tax breaks to companies that invest in areas considered strategically important,…
BEIJING (Reuters) – China resolutely opposes the United States putting some Chinese entities into an export control list and imposing sanctions, the commerce ministry said on Wednesday. “The U.S. should…
BEIJING (Reuters) -China is expected to achieve economic growth of slightly more than 5% this year, an adviser to the central bank said on Wednesday. China’s economic situation is very…
By Lewis Jackson SYDNEY (Reuters) -PwC Australia gave multiple clients confidential information leaked from Australian government tax briefings, the company said on Wednesday, the first admission that clients other than…
SYDNEY (Reuters) – The chairman of Australia’s Qantas Airways on Wednesday vowed to stay in his role despite a host of scandals engulfing the airline, saying its biggest shareholders wanted…
By Elizabeth Pineau PARIS (Reuters) -Airbnb is expecting to host up to half a million people in Paris during the 2024 Olympics and is urging more Parisians to put their…
FRANKFURT (Reuters) – Economic growth in the euro zone is more sluggish than the European Central Bank expected but the goal is to control inflation, so interest rates could still…
By Jorgelina do Rosario LONDON (Reuters) – The share of Russia’s imports invoiced in Chinese yuan soared to 20% in 2022 from 3% a year earlier after its invasion of…