Breaking Business news from across New Jersey.
FRANKFURT (Reuters) – The European Central Bank’s record high deposit rate could help cut inflation to 2%, ECB President Christine Lagarde said on Monday, repeating the bank’s guidance that neither…
By Iain Withers LONDON (Reuters) – Aviva said on Monday it had agreed to buy the UK life insurance business of AIG for 460 million pounds ($563 million), in the…
By Patturaja Murugaboopathy (Reuters) – Short-term U.S. government bonds have attracted bigger investment flows this year than longer-term paper, an unusual pattern engendered by the inverted yield curve and the…
By Karl Badohal, Pawel Florkiewicz and Gergely Szakacs WARSAW (Reuters) – Less than three weeks ahead of Poland’s hotly contested general election, Warsaw pensioner Jadwiga Buczek is feeling better about…
(Reuters) – Contract chipmaker GlobalFoundries said on Monday it has submitted applications for funding under the U.S. CHIPS act to expand capacity and modernize its local manufacturing facilities. The CHIPS…
(Reuters) – The rouble firmed against the euro on Monday while trading little changed against the dollar, in a week when companies’ need for roubles to settle end-of-month tax payments…
By Maria Martinez and Riham Alkousaa BERLIN (Reuters) -The German government said on Monday it was shelving proposed building regulations as part of a 45-billion euro ($47 billion) relief package…
By Robert Harvey and Natalie Grover LONDON (Reuters) – Oil prices may be near $100 a barrel, but a range of factors could prevent a sustained rally above that level,…
By Tim Hepher PARIS (Reuters) -Airbus is appointing sales chief Christian Scherer as head of its core planemaking business in its biggest management revamp for years, as it juggles supply…
By Yelin Mo and Brenda Goh BEIJING/SHANGHAI (Reuters) -Huawei Technologies on Monday showcased a series of new products from a gold smartwatch to a smart car but disappointed viewers by…
(Reuters) – OpenAI’s ChatGPT is getting a major update that will enable the viral chatbot to have voice conversations with users and interact using images, moving it closer to popular…
BERLIN (Reuters) – German carmaker Mercedes-Benz has applied for tax breaks for potential projects at two of its U.S. plants under the Inflation Reduction Act (IRA), a company spokesperson said…
(Reuters) – Spotify Technology is testing an AI-powered feature that will translate podcasts from the likes of Dax Shepard and Lex Fridman to other languages, the audio-streaming company said on…
By Valentina Za MILAN (Reuters) – Italy’s larger banks are still expected to pay a one-off banking tax despite the government at the weekend offering lenders a way out in…
FREEHOLD, NJ – Marmara Mediterranean Cuisine will celebrate its grand opening at Freehold Raceway Mall on Thursday, September 28, at 5 PM with a ribbon-cutting ceremony. The restaurant covers 5,800…
By Howard Schneider WASHINGTON (Reuters) – Inflation staying stuck above the Fed’s 2% target remains a greater risk than tight central bank policy slowing the economy more than needed to…
(Reuters) – Air Canada said on Monday it had signed an agreement with Boeing to buy 18 widebody 787 Dreamliner jets, as the carrier looks to capitalize on strong travel…
SAO PAULO (Reuters) – Brazil, Mexico and India are some of the countries currently standing in a good position to attract investments, Brazilian Finance Minister Fernando Haddad said on Monday,…
By Alun John LONDON (Reuters) – The pound dipped to its lowest in six months against the dollar and its weakest in four months against the euro on Monday, as…
MADRID (Reuters) – Spain’s government could extend some of the measures that were introduced to alleviate the impact of inflation or even implement new ones, if needed, by the end…
By Maria Martinez BERLIN (Reuters) -German business morale deteriorated slightly in September, falling for the fifth month in a row and underlining recession fears in the euro zone’s largest economy,…
By Satoshi Sugiyama and Tetsushi Kajimoto TOKYO (Reuters) -Japan’s Prime Minister Fumio Kishida unveiled on Monday the pillars of a new economic stimulus package to be compiled next month to…
By Jonathan Cable LONDON (Reuters) – The Swiss National Bank is done with interest rate hikes, according to the vast majority of economists polled by Reuters, despite mooting the prospect…
LONDON (Reuters) -British retailers reported a smaller annual fall in sales for September than during the previous month and expect a modest improvement in the months ahead, the Confederation of…
A look at the day ahead in U.S. and global markets by Mike Dolan After the worst week since March on Wall St, three issues keep the pressure – a…