Breaking Business news from across New Jersey.
By David Shepardson WASHINGTON (Reuters) -Air carriers will be unable to fully meet deadlines to retrofit planes to avoid interference from latest generation 5G C-Band wireless service, the aviation industry…
By John Revill ZURICH (Reuters) -The Swiss National Bank gave another strong hint on Tuesday that it will raise interest rates again when its chairman Thomas Jordan said that current…
SANTIAGO (Reuters) – Workers of Chile’s Escondida mine, the world’s largest copper mine, decided to go on strike on November 21 and 23 due to labor demands, its No. 1 union…
By Ann Saphir and Dan Burns (Reuters) -Michael Barr, the Federal Reserve’s top financial regulatory official, on Tuesday said he is concerned about risks from the non-bank sector, including cryptocurrencies,…
By Suleiman Al-Khalidi AMMAN (Reuters) – Jordan’s growth has quickened in 2022 despite global economic turbulence, driven by strong progress in IMF-backed structural reforms that have cushioned the economy and…
(Reuters) – Activist investor TCI Fund Management has called on Alphabet Inc to cut costs by lowering its headcount and reduce losses in its self-driving unit Waymo, saying the Google…
MEXICO CITY (Reuters) -Mexican President Andres Manuel Lopez Obrador said on Tuesday his administration will issue a call for U.S. and Canadian companies to participate in the country’s incipient lithium market.…
CAIRO (Reuters) – Iraq wants a review of the production quota allocated to it by oil producer group OPEC, state news agency (INA) reported on Tuesday, citing Prime Minister Mohammed…
By Lucia Mutikani WASHINGTON (Reuters) – U.S. producer prices increased less than expected in October as services fell for the first time in nearly two years, offering more evidence that…
WEST WHITELAND TWP, PA – Detectives in West Whiteland Township are seeking to identify a man who is suspected of intentionally confusing a cashier to scam the Kohl’s department store…
By Nick Carey and Paul Lienert (Reuters) – U.S. and European startups are racing to develop new batteries using two abundant, cheap materials — sodium and sulfur — that could…
DETROIT (Reuters) – General Motors Co plans to add more links to its North American battery supply chain, adding to roughly 20 deals so far, in a key strategy to…
By Shreyashi Sanyal and Devik Jain (Reuters) -Europe’s STOXX 600 index closed higher on Tuesday, boosted by gains in technology and commodity stocks after softer-than-expected U.S. inflation data bolstered hopes…
By Ann Saphir (Reuters) -Atlanta Federal Reserve President Raphael Bostic said on Tuesday he sees little evidence that the U.S. central bank’s aggressive monetary policy tightening is slowing inflation, and…
PARIS (Reuters) – Oil major Shell and state-owned Chinese energy company CGN on Tuesday said that they would drop their plan for a floating wind power project on France’s Brittany…
By Svea Herbst-Bayliss NEW YORK (Reuters) – An activist investor with a large stake in Envestnet Inc. plans to ask for board seats to push the financial technology company to…
TOKYO (Reuters) – Digital payments processor Opn, a rare Japanese unicorn, or startup worth more than $1 billion, said on Tuesday it had acquired MerchantE from U.S. investment firm Integrum…
TOKYO (Reuters) – Private equity firm Bain Capital will acquire Mash Holdings for about 200 billion yen ($1.44 billion), a spokesperson for the Japanese apparel maker said. The Tokyo-based company…
By Simon Jessop and William James SHARM EL-SHEIKH, Egypt (Reuters) – The G77 bloc of developing countries and China are proposing the establishment of a new ‘loss and damage’ fund…
By Julia Payne, Pratima Desai and Peter Hobson LONDON (Reuters) – Hedge funds have stepped up financing of trade in commodities such as oil, gas, cocoa and copper as banks…
By Deborah Mary Sophia (Reuters) – Home Depot Inc tapped higher prices to override a drop in customer transactions for the third quarter and left its annual forecasts unchanged, signaling…
By MacDonald Dzirutwe LAGOS (Reuters) – Nigeria’s debt service costs will remain elevated in the short to medium term, which will hobble the country’s ability to use fiscal policy to…
By Howard Schneider WASHINGTON (Reuters) – Prices paid by U.S. businesses rose less than expected in October with some key components registering an out-and-out decline, another sign inflation may be…
LIMA (Reuters) -Peru’s economy expanded by 1.66% in September compared with the same month a year earlier, figures from the national statistics institute (INEI) showed on Tuesday, a slight dip…
By Christina Amann MUNICH (Reuters) – Infineon Technologies AG Chief Executive Jochen Hanebeck supports contract manufacturers building more chip factories in Europe to reduce his company’s reliance on suppliers in…