Breaking Business news from across New Jersey.
By John Revill ZURICH (Reuters) -A Swiss proxy adviser representing some former Credit Suisse shareholders has backed a class-action lawsuit seeking a better price from UBS for its takeover of…
By Kevin Yao BEIJING (Reuters) – China’s appointment of financial technocrat Pan Gongsheng to a top political post at the central bank points to growing concerns within the country’s leadership…
By Steve Gorman and Gabriella Borter LOS ANGELES (Reuters) -Thousands of Los Angeles-area hotel workers went on strike on Sunday demanding pay hikes and improved benefits in a region where…
DUBLIN (Reuters) – Ryanair (RYA.I) flew a record 17.4 million passengers in June, its highest for a single month and a 9% increase from a year earlier, the low-cost carrier…
(Reuters) -Elon Musk’s Twitter has put a temporary limit on the number of tweets that users can see each day, a move that has sparked some backlash and could undermine…
(Reuters) – Alibaba Group Holding is exploring options for its video streaming platforms Youku and Tudou, Bloomberg News reported on Tuesday, citing people familiar with the matter. One of the…
By Stella Qiu SYDNEY (Reuters) -Australia’s central bank on Tuesday held interest rates steady saying it wanted more time to assess the impact of past hikes, but reiterated its warning…
By Winni Zhou and Ryan Woo SHANGHAI/BEIJING (Reuters) – China’s major state banks have lowered their dollar deposit rates for the second time in a month, seven banking sources with…
By Libby George LONDON (Reuters) – Abdoulaye Diallo is paying over 50% more to fill up his “thiak-thiak” motorbike taxi in Keur Mbaye Fall, a suburb of Senegal’s capital Dakar,…
A look at the day ahead in European and global markets from Ankur Banerjee: It looks like we might be getting the Mark Zuckerberg v Elon Musk fight after all,…
By Sarah Wu TAIPEI (Reuters) – Globalisation is taking a backseat to priorities such as national security and technological leadership, with U.S.-China relations consisting more of competition than cooperation, the…
By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) -Japan’s top financial diplomat Masato Kanda said on Tuesday authorities were in close contact with U.S. Treasury Secretary Janet Yellen and other…
SEOUL (Reuters) – South Korea’s Samsung Biologics announced on Tuesday two deals with Pfizer worth around a combined 1.2 trillion won ($921.38 million) to manufacture products for the U.S. pharmaceutical…
By Lucia Mutikani WASHINGTON (Reuters) – U.S. manufacturing slumped further in June, reaching levels last seen when the nation was reeling from the initial wave of the COVID-19 pandemic, but…
BEIJING (Reuters) – China will control exports of some metals widely used in the semiconductor industry, its commerce ministry announced on Monday, the latest salvo in an escalating war over…
(Reuters) – A blank-check firm, which was set to merge with former U.S. President Donald Trump’s media company and under regulatory investigation, has reached an agreement with the staff of…
By Anant Chandak BENGALURU (Reuters) – Malaysia’s central bank will leave its key interest rate unchanged at 3.00% on Thursday and keep it there for the rest of the year,…
By Leika Kihara TOKYO (Reuters) -Japanese authorities are facing renewed pressure to combat the yen’s fresh declines driven by market expectations that the Bank of Japan will keep interest rates…
By Leika Kihara TOKYO (Reuters) -Japanese authorities are facing renewed pressure to combat a continued yen fall driven by market expectations that the Bank of Japan will keep interest rates…
SEOUL (Reuters) -South Korea’s consumer inflation slowed more than expected and hit a 21-month low, official data showed on Tuesday, weighed by falling oil and agricultural product prices. The consumer…
By Sheila Dang (Reuters) -Twitter users will soon need to be verified in order to use TweetDeck, the social media company said in a tweet on Monday. The change will…
(Reuters) -Arrival SA will terminate plans to merge with a blank-check firm and Nikola Corp will offload its newly acquired battery unit, the companies said on Monday, amplifying concerns over…
By Jody Godoy (Reuters) -Elon Musk’s move to temporarily cap how many posts Twitter users can read on the social media site could undermine efforts by new CEO Linda Yaccarino to…
SYDNEY (Reuters) – Australian investment firm Allegro Funds said on Tuesday it would set up an independent board to oversee PwC Australia’s government practice business, which it bought last month,…
(Reuters) -Australian general insurer Suncorp on Tuesday forecast a 12% jump in costs associated with catastrophe reinsurance premiums and natural hazards in fiscal 2024 on the back of adverse weather…