Breaking Business news from across New Jersey.
By Nora Buli OSLO (Reuters) -Gas production at Norwegian energy firm Equinor’s Aasgard B gas processing platform was shut on Sunday and could remain offline until Nov. 15 following a…
WARSAW (Reuters) – Inflation in Poland will not return to the National Bank of Poland’s (NBP) target range until the third quarter of 2025, its latest projections showed on Monday.…
BRASILIA (Reuters) – Economic activity in Brazil resumed expansion in September, though below expectations, still ending the quarter with positive data, central bank data showed on Monday. The IBC-Br economic…
DUBAI (Reuters) – Saudi Arabia’s sovereign wealth fund and BlackRock have signed an agreement to jointly explore infrastructure projects in the Middle East, focused on Saudi Arabia. The Public Investment…
By Leigh Thomas PARIS (Reuters) – While households struggle to cope with rocketing prices, the inflation spike is good for the taxman because it means there are simply more revenues…
By Karin Strohecker LONDON (Reuters) – Wall Street banks are raising their outlook for emerging markets’ hard-currency bonds as a slowdown in U.S. rate hikes could provide some breathing space…
BERLIN (Reuters) – Germany’s upper house of parliament blocked a landmark welfare reform on Monday that was meant to raise payments to people on state benefits and help the unemployed…
SAO PAULO (Reuters) – Brazilian planemaker Embraer SA said on Monday that the country’s state development bank BNDES has approved a 2.2 billion real ($413.15 million) credit line to finance…
AMSTERDAM (Reuters) – Workers at BP’s refinery in Rotterdam began a “work-to-rule” action after an ultimatum expired at noon with no new pay agreement in place, a union spokeman said…
BRUSSELS (Reuters) -Euro zone industrial production rose much more than expected in September, and output for August was revised upwards too, data showed on Monday, although economists said that may…
NUSA DUA, INDONESIA (Reuters) – Binance chief executive Changpeng Zhao said the cryptocurrency exchange plans to launch a fund to help crypto projects facing a liquidity crisis as the collapse…
A look at the day ahead in U.S. and global markets from Mike Dolan. After its best week in months, Wall St now has to assess what’s durable from the…
By Makiko Yamazaki TOKYO (Reuters) -Sumitomo Mitsui Financial Group Inc and Mizuho Financial Group on Monday reported strong second-quarter profits on demand from overseas clients looking to lock in loans…
MILAN (Reuters) – Morgan Stanley expects the Bank of England (BoE) to cut interest rates by 150 basis points in 2024 after stopping its tightening cycle in March of next…
By Paul Sandle LONDON (Reuters) – Martin Sorrell said his digital ad group S4 Capital had maintained momentum in a third quarter marked by disappointing results from major platforms including…
By Ankur Banerjee and Vidya Ranganathan SINGAPORE (Reuters) – Singapore-based crypto exchange Crypto.com’s chief executive said the firm will prove all naysayers wrong on the platform being in trouble, and…
BEIJING (Reuters) – China’s financial regulator will allow property developers to access some pre-sale housing funds, it said in a notice published on Monday, the latest move to ease a…
By Leika Kihara NUSA DUA, Indonesia (Reuters) – Asia must phase out coal power gradually while still making use of existing infrastructure to make the shift to a carbon-neutral society…
By Samuel Shen and Scott Murdoch SHANGHAI/HONG KONG (Reuters) – Battery maker Sunwoda Electronics Co’s debut on the Swiss stock exchange on Monday shines a light on how Chinese firms…
(Reuters) – A government-affiliated think tank will host a forum next month to discuss the Bank of Japan’s 2% inflation target and the “challenges ahead”, the organisation said on Monday.…
(Reuters) – Goldman Sachs said it expects a “significant” decline in U.S. inflation next year due to easing in supply chain constraints, a peak in shelter inflation and slower wage…
BEIJING (Reuters) -China will extend loan repayment dates for small firms hit by COVID-19 and encourage financing institutions with government guarantees to continue offering credit support to those firms, according…
(Reuters) – The Russian rouble was trading higher on Monday, holding close to last week’s level of 60 against the U.S. dollar as domestic exporters prepared to buy roubles ahead…
By Clare Jim and Xie Yu HONG KONG (Reuters) -Chinese property stocks and bonds soared on Monday as the market cheered Beijing’s “most comprehensive” support measures aimed at boosting liquidity…
SHANGHAI (Reuters) – China’s central bank is likely to fully roll over maturing medium-term policy loans while keeping the borrowing cost unchanged for the third straight month this week, a…