Breaking Business news from across New Jersey.
PARIS (Reuters) -A national strike against planned pension reforms reduced France’s power supply and disrupted petrol deliveries from French refineries on Tuesday. Strikes have been taking place since mid-January as…
By Anshuman Daga and Yantoultra Ngui SINGAPORE (Reuters) – Morgan Stanley has named David Aronovitch as its chief executive officer for Southeast Asia as part of its efforts to strengthen…
KYIV (Reuters) – Ukraine’s parliament approved changes to the 2023 state budget on Tuesday, raising state spending to support small businesses and channel more funds into reconstruction and recovery projects…
By Kiyoshi Takenaka TOKYO (Reuters) -Japan’s SoftBank Group Corp fell to a quarterly loss on Tuesday, as its giant Vision Fund investment unit remained in the red for a fourth…
By Sethuraman N R and Aditya Kalra BENGALURU (Reuters) -India’s Adani Group is considering independent evaluation of issues relating to legal compliance, related party transactions and internal controls following a…
LONDON(Reuters) – Australia was the latest major central bank to raise rates and on Tuesday hinted at further hikes, even as most major central banks steadily move closer to a…
BEIJING (Reuters) – China’s central bank has signed a memorandum of understanding on setting up yuan clearing arrangements in Brazil, it said on Tuesday, in a move to help boost…
MILAN (Reuters) – Ferrari said on Tuesday it had appointed Lorenzo Giorgetti to the newly-created position of chief racing revenue officer, tasked with boosting long-term relations with sponsors across all…
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – Philippine annual inflation blew past expectations in January to reach a fresh 14-year high on surging food prices, raising…
By Howard Schneider and Andrea Shalal WASHINGTON (Reuters) – Joe Biden speaks to the nation tonight at a time of record low unemployment, rising wages, and diminishing fears of recession…
NEW YORK (Reuters) – Corporate stock buybacks are offering investors a measure of excitement in what has been a gloomy earnings season. Chevron Corp late last month said it would…
By Medha Singh, Lisa Pauline Mattackal and Vidya Ranganathan (Reuters) – Have bitcoin and ether finally turned a corner? It’s looking that way, if crypto options traders are anything to…
A look at the day ahead in U.S. and global markets from Mike Dolan. While U.S. President Joe Biden gets set to deliver his second “State of the Union” address…
TAIPEI (Reuters) – Almost half of companies surveyed by the American Chamber of Commerce (AmCham) in Taiwan are revising or plan to revise their business continuity plans amid tensions with…
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) -Danish brewer Carlsberg warned on Tuesday that a possible slowdown of beer consumption in Europe because of increased prices could dent profit growth this year.…
By Hari Kishan BENGALURU (Reuters) – The dollar’s recent comeback may not be indicative of a new broad trend, with FX strategists in a Reuters poll split on the greenback’s…
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – Russia’s VTB bank’s losses last year were due entirely to sanctions, CEO Andrei Kostin said on Tuesday, a rare acknowledgement that…
BANGKOK (Reuters) – Thailand’s central bank will support vulnerable debtors from the impacts of rising interest rates, a deputy governor said on Tuesday. There will be assistance in line with…
FRANKFURT (Reuters) – Euro zone consumer expectations for inflation edged up again in December, a European Central Bank survey showed on Tuesday, indicating that recent interest rate hikes and falling…
By Sophie Yu and Brenda Goh BEIJING (Reuters) – China’s luxury market contracted 10% in 2022 on the year, snapping a five-year streak of high growth, as Beijing’s zero-COVID policy…
FRANKFURT (Reuters) – German crude oil import volumes rose 9.4% in the first 11 months of 2022 on a year-on-year basis as the economy recovered from the COVID-19 pandemic, while…
By Liang-sa Loh and Faith Hung TAIPEI (Reuters) – Taiwan’s exports fell for a fifth straight month in January due to a deteriorating global economy and factory closures during the…
BERLIN (Reuters) -German industrial production fell more than expected in December, driven by a plunge in output from energy-intensive sectors, the federal statistics office said on Tuesday. Industrial production decreased…
SHANGHAI (Reuters) – Chinese artificial intelligence stocks are the latest rage in mainland markets as the global frenzy around the Microsoft-backed ChatGPT chatbot spurs speculative bets on the revolutionary computing…
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Emerging market bond and equity funds received heavy inflows in January after a dry patch last year, aided by China’s reopening and…