Breaking Business news from across New Jersey.
(Reuters) – Uber Technologies is partnering with Los Angeles Yellow Cab and its affiliates to increase the supply of taxis on the ride-hailing giant’s platform, the company said on Tuesday.…
If you go to any high school or mall across New Jersey, you’re going to see kids and adults alike wearing footwear that runs in the area of $200 and…
By Shaloo Shrivastava BENGALURU (Reuters) – The Bank of England has concluded its tightening cycle and will likely keep the Bank Rate at 5.25% until at least July, a Reuters…
By Yantoultra Ngui SINGAPORE (Reuters) – Singapore’s central bank said on Tuesday it was looking into whether banks involved in a S$2.4 billion ($1.75 billion) money laundering scandal in the…
By Huw Jones LONDON (Reuters) – European Union banks already largely meet tougher global capital rules to bolster defences against economic crises and now only need to find another 600…
BANGKOK (Reuters) -Thailand’s cabinet has approved new borrowing worth 194 billion baht ($5.3 billion) for the 2024 fiscal year starting on Oct. 1, mainly to finance a budget deficit, a…
By Maiya Keidan TORONTO(Reuters) – A recent C$4.6 billion capital raise by Enbridge and a raft of new U.S. deals have spurred optimism for a revival in Canadian equity capital…
By Mike Scarcella (Reuters) – A lawsuit by the U.S. Federal Trade Commission against Amazon.com, expected to be filed as soon as this week, adds to a slew of legal…
By Howard Schneider WASHINGTON (Reuters) – U.S. Federal Reserve Chair Jerome Powell said emphatically last week that people “hate inflation, hate it,” but he left another fact unspoken – they…
A look at the day ahead in U.S. and global markets by Mike Dolan A renewed surge in long-term Treasury yields is stifling world markets yet again as Federal Reserve…
By Luc Cohen NEW YORK (Reuters) – In U.S. prosecutors’ telling, Sam Bankman-Fried embezzled money from depositors in his FTX cryptocurrency exchange ever since he launched it in 2019, and…
(Reuters) – Tesla and European carmakers that export from China to the EU will be part of the bloc’s probe into whether the country’s electric vehicles industry is receiving unfair…
By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s finance minister said on Tuesday that authorities won’t rule out any options in dealing with excessive currency volatility, underlining a warning that has kept…
By Andy Home LONDON (Reuters) -Global production of primary aluminium hit an all-time high in August, with the world’s smelters running at an annualised rate of 71.2 million metric tons.…
By Nevzat Devranoglu ANKARA (Reuters) – The Turkish central bank’s net international reserves rose by more than $6 billion last week to about $24 billion, four bankers said on Tuesday,…
HONG KONG (Reuters) – China Evergrande Group shares slid for a second consecutive session on Tuesday, dropping as much as 8% after a unit of the embattled property developer missed…
BANGKOK (Reuters) -Thailand’s cabinet has approved a plan to suspend debt repayments for millions of farmers for three years at a total cost of about 33 billion baht ($908 million)…
(Reuters) -Pilots at Network Aviation, a subsidiary of Qantas Airways, voted in favour of taking protected industrial actions that might potentially include bans on flying, the Australian Federation of Air…
BERLIN (Reuters) – Germany’s economy will grow more slowly than previously expected next year due to a lack of positive momentum towards the end of this year, the IMK institute…
By Gavin Jones and Valentina Za ROME (Reuters) -Italy is under growing market scrutiny as Prime Minister Giorgia Meloni prepares a difficult 2024 budget, with investors dismayed by government moves…
(This Sept. 24 story has been corrected to show that Lego has abandoned one specific oil-free brick development project, not all such efforts, in the headline and paragraph 1) (Reuters)…
By Leika Kihara TOKYO (Reuters) – The Bank of Japan may hold off on ending negative interest rates until around April next year to gauge whether wage gains will broaden…
By Sinead Cruise and Elizabeth Howcroft LONDON (Reuters) -Goldman Sachs and HSBC are among a group of five banks adopting a common global approach to disclosing clients’ stock positions, a…
(Reuters) -Sentiment among German exporters worsened further in September, falling to its lowest point since May 2020, according to a survey by the Ifo economic institute released on Tuesday. In…
By Shivansh Tiwary and David Shepardson (Reuters) -Canadian union Unifor announced General Motors as its second bargaining target in contract talks with the Detroit Three on Monday, a day after…