Breaking Business news from across New Jersey.
By Toby Sterling AMSTERDAM (Reuters) -Grocery-in-minutes company Getir’s $1.2 billion deal to buy rival Gorillas is an important step toward consolidation in Europe’s food delivery market, where companies are struggling …
A look at the day ahead in European and global markets from Anshuman Daga Just as China faces a testing time over its dramatic COVID-19 policy pivot, financial markets are …
By Leika Kihara TOKYO (Reuters) – Japan’s November wholesale prices rose 9.3% from a year earlier, data showed on Monday, a rate of increase that was almost unchanged from the …
By Costas Pitas and Andrea Shalal (Reuters) – U.S. Treasury Secretary Janet Yellen on Sunday forecast a substantial reduction in U.S. inflation in 2023, barring an unexpected shock. “I believe …
By Engen Tham, Clare Jim and Julie Zhu SHANGHAI/HONG KONG (Reuters) – For more than a decade, Chinese developers’ debt-fuelled construction boom enriched the country’s shadow banks, who were eager …
By Samuel Shen and Summer Zhen SHANGHAI/HONG KONG (Reuters) -Investors caught off-guard by China’s dramatic COVID policy pivot are betting on both greed and fear as the economy starts to …
By Norihiko Shirouzu (Reuters) – Toyota Motor Corp is expected to outline adjustments to its electric vehicle (EV) strategy to key suppliers early next year, as it races to narrow …
By Casey Hall SHANGHAI (Reuters) – China’s weary public and businesses have welcomed the easing of stringent “zero-COVID” measures, but Jorry Fan, who lives in the eastern city of Suzhou, …
By Julie Zhu, Selena Li and Ziyi Tang HONG KONG/BEIJING (Reuters) -Chinese regulators and state-owned banks are taking steps to split staff at their workplaces in Beijing, sources told Reuters, …
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The finishing line for one of the most turbulent financial market years on …
(Reuters) -Amgen Inc is in advanced talks to buy biotech company Horizon Therapeutics Plc, the Wall Street Journal reported on Sunday, while rival bidder French health group Sanofi announced it …
MONTREAL (Reuters) – Here’s the plan: Select 100 companies whose business burdens nature. Then, offer advice on how to lighten their impact and monitor their progress. Such is the vision …
BERLIN (Reuters) – Czech carmaker Skoda Auto, part of Volkswagen, is considering withdrawing from China and will make a final decision next year, CEO Klaus Zellmer was quoted as saying …
By Catarina Demony LISBON (Reuters) – Investments through Portugal’s “golden visa”, which gives wealthy foreigners residence rights, jumped nearly 50% last month, data showed on Sunday, as the government considers …
DUBAI (Reuters) – Saudi Arabia’s economy grew by 8.8% in the third quarter of 2022 compared to the same period a year earlier, mainly due to a sharp increase in …
(Reuters) – U.S. energy envoy Amos Hochstein described the refusal of the country’s shale investors to ramp up drilling as “un-American” in an interview with the Financial Times on Sunday. …
(Reuters) – Twitter Inc will relaunch a revamped version of its subscription service Twitter Blue on Monday at a higher price for Apple users, the company said in a tweet …
(Reuters) – Blackstone Inc has warned of possible delays to the launch of a new private equity fund designed for wealthy individuals, as it copes with heavy investor withdrawals at …
(Reuters) – The Russian-installed administration of Ukraine’s Kherson region said on Saturday that it had begun changing locally circulated Ukrainian hryvnia currency into Russian roubles, with hryvnia circulation in Moscow-controlled …
By Selena Li HONG KONG (Reuters) – China’s central bank on Saturday warned that climate change and a global move to a low-carbon economy posed risks for domestic financial institutions …
By Erwin Seba and Nia Williams WASHINGTON, Kansas (Reuters) -Emergency crews on Friday were preparing to labor through the weekend to clean up the largest U.S. crude oil spill in …
ISTANBUL (Reuters) – Turkey’s BDDK banking watchdog has set the foreign currency net position to standard capital ratio for banks at a maximum 5% according to a regulation published in …
TAIPEI (Reuters) – Taiwan may take China to the World Trade Organization after the country effectively banned the import of more Taiwanese food and drink products, Premier Su Tseng-chang said …
TAIPEI (Reuters) – Taiwan’s central bank said on Saturday it will adopt an “appropriate” monetary policy and properly use various tools to promote price stability and help the economy next …
By Mehnaz Yasmin and Kanishka Singh WASHINGTON (Reuters) -FTX’s Sam Bankman-Fried is set to testify before a U.S. House committee on Tuesday, the cryptocurrency exchange’s founder and the congressional panel …