FirstEnergy to host public conference call as New Jersey electric prices soar
TRENTON, NJ – With electric bills climbing across New Jersey, FirstEnergy Corp. announced it will host a public conference call to review its third-quarter financial results and address customer concerns. The call…
U.S. optimistic it will reach critical minerals deal with EU
By Philip Blenkinsop BRUSSELS (Reuters) – The United States is optimistic it will conclude an agreement with the European Union to allow critical minerals mined or processed in Europe to qualify for…
Former Budd Lake Restaurant and Pancake House Seeking New Tenant
BUDD LAKE, NJ – In July, Adams Family Pub and Restaurant shut down and the search for a new tenant at the locations continues. The former Adams Family Pub and Restaurant, located…
Restaurant with 90 Years of Local History Up for Sale in Nutley
NUTLEY, NJ – The Old Canal Inn, a historic Restaurant/Bar with a century-old legacy, is currently on the market for $2,195,000. The 6,800-square-foot mixed-use building is located at 2 E Passaic Ave,…
Brazil airline Azul completes payment deal with lessors, OEMs
SAO PAULO (Reuters) – Brazilian airline Azul has completed restructuring obligations it had with most of its lessors and equipment manufacturers, part of a broader shake-up that also saw the carrier delay…
Marketmind: October market fillip as govt stays open
A look at the day ahead in U.S. and global markets by Mike Dolan A six-week reprieve for U.S. government funding that keeps public services functioning through mid-November has been enough to…
Pakistan’s inflation rises to 31.4% y/y amid high energy prices
By Ariba Shahid KARACHI, Pakistan (Reuters) -Pakistan’s inflation rate rose to 31.4% year-on-year in September from 27.4% in August, statistics bureau data showed on Monday, as the nation reels from high fuel…
No formal investigation into AI chips, EU antitrust regulators say
BRUSSELS (Reuters) – EU antitrust regulators have not opened a formal investigation into chips used for artificial intelligence, the European Commission said on Monday, days after the French competition authority raided Nvidia…
In the Market: US bond market signals the end of an era
By Paritosh Bansal (Reuters) -The U.S. bond market is calling a moment: the age of low interest rates and inflation that began with the 2008 financial crisis has ended. What follows is…
Markets in Q3: Gains, pains and oil reigns
By Marc Jones LONDON (Reuters) -The equation for financial markets over the last few months has been both simple and painful: A near 30% surge in oil prices + a steep rise…
Dutch regulator rejects Apple’s objections to fines
AMSTERDAM (Reuters) -Dutch competition watchdog ACM on Monday said it had rejected objections by Apple against fines of 50 million euros ($53 million) it gave the company over failure to comply with…
As yen nears 150/$, Japan says watching FX moves with ‘strong sense of urgency’
By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s key economic ministers kept investors wary of currency market intervention, warning that authorities were watching with a “strong sense of urgency” as the yen slid closer…
Evergrande chairman investigated over offshore asset transfers – WSJ
(Reuters) – China Evergrande Group Chairman Hui Ka Yan is being investigated on suspicion of transferring assets offshore while the indebted property developer struggles to complete unfinished projects, the Wall Street Journal…
UK factory activity slows sharply in September – PMI
By David Milliken LONDON (Reuters) – British manufacturing activity slowed sharply in September, though less steeply than the month before when it shrank at the fastest rate in more than three years,…
California governor vetoes bill offering unemployment pay to strikers
(Reuters) – California Governor Gavin Newsom on Saturday vetoed a bill that would have paid unemployment benefits to striking workers, and had drawn strong support from labor unions and from his fellow…
International Longshore and Warehouse US dockworkers union files for bankruptcy
(Reuters) -The International Longshore and Warehouse Union (ILWU) representing U.S. dockworkers has filed for a chapter 11 bankruptcy protection to resolve a pending litigation with the Oregon affiliate of the International Container…
Thai PM touts stimulus plans, meets central bank chief after surprise rate hike
By Satawasin Sta[censored]charnchai and Chayut Setboonsarng BANGKOK (Reuters) -Thailand’s Prime Minister Srettha Thavisin met the governor of its central bank on Monday, less than a week after an unexpected hike in interest…
Italy Aug unemployment rate at multi-year low of 7.3%, as job growth resumes
ROME, Oct 2 (Reuters) – Italy’s unemployment rate fell unexpectedly in August to 7.3%, the lowest since January 2009, national statistics bureau ISTAT reported on Monday, as a net 59,000 jobs were…
German manufacturing stays mired in downturn in Sept – PMI
BERLIN (Reuters) – Germany’s manufacturing sector, which accounts for about a fifth of its economy, remained mired in a downturn in September on weak demand and rapidly falling output, a survey showed…
French manufacturing activity shrinks faster in September – PMI
PARIS (Reuters) – France’s ailing manufacturing sector contracted for the eighth month in a row in September, with production and new orders falling at their sharpest rates in over three years, a…
Italy’s manufacturing shrinks in Sept, no respite in sight – PMI
ROME (Reuters) – Italy’s manufacturing sector contracted in September for a sixth consecutive month, a survey showed on Monday, amid persistent declines in output and new orders in the euro zone’s third-largest…
World Bank keeps China 2023 GDP growth forecast but cuts 2024 outlook
BEIJING (Reuters) – The World Bank has maintained its forecast for China’s 2023 economic growth at 5.1%, in line with its previous estimate in April, but trimmed its prediction for 2024 to…
BOJ discussed factors for exiting easy policy at Sept meeting; 10-yr JGBs falter
By Leika Kihara TOKYO (Reuters) -More Bank of Japan policymakers discussed the prospects of an eventual exit from ultra-loose policy, a summary of opinions at their September meeting showed, sending 10-year government…
Spanish factory activity shrinks for sixth straight month in Sept -PMI
MADRID (Reuters) – Factory activity in Spain shrank again in September as market conditions and high prices weighed on manufacturers, who also shed jobs as a result, a survey showed on Monday.…
Turkish manufacturing activity contracts in September – PMI
ISTANBUL (Reuters) – Turkish factory activity contracted for the third consecutive month in September, although only very slightly due to a less pronounced slowdown in output and new orders, a survey showed…
Polish factory downturn strong in Sept, but declines soften -PMI
WARSAW (Reuters) – Poland’s manufacturing sector remained in a severe downturn in September although there were signs of softer declines in several key measures, a survey showed on Monday. S&P Global’s Polish…
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