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Category:

Business News

Breaking Business news from across New Jersey.

  • Business News

    U.S. does not object to Kazakh banks using Russia’s Mir bank card

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    ALMATY (Reuters) – The U.S. Treasury Department has told banks in Kazakhstan it does not object to Russians in Kazakhstan using Russia’s Mir payments cards, the Central Asian nation’s financial …

  • Business News

    U.S. does not object to Kazakh banks using Russia’s Mir bank card

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    ALMATY (Reuters) – The U.S. Treasury Department has told banks in Kazakhstan it does not object to Russians in Kazakhstan using Russia’s Mir payments cards, the Central Asian nation’s financial …

  • Business News

    Greek industrial output drops 2.5% y/y in October

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    ATHENS (Reuters) – Greek industrial output dropped 2.5% in October compared to the same month a year earlier after a downwardly revised 1.2% decline in September, data from statistics service …

  • Business News

    Greek industrial output drops 2.5% y/y in October

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    ATHENS (Reuters) – Greek industrial output dropped 2.5% in October compared to the same month a year earlier after a downwardly revised 1.2% decline in September, data from statistics service …

  • Business News

    Exclusive-Canada’s critical-mineral strategy aims to accelerate permitting

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    By Steve Scherer OTTAWA (Reuters) – Canada will unveil a new strategy on Friday to ramp up production and processing of critical minerals vital to power electric vehicle (EV) batteries, …

  • Business News

    Exclusive-Temasek’s PSA considers multi-billion dollar exit from Hutchison Ports-sources

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    By Anshuman Daga SINGAPORE (Reuters) – Port operator PSA International, fully owned by Singapore state investor Temasek Holdings, is evaluating selling its multi-billion dollar, 20% stake in the ports business …

  • Business News

    Saudi’s ACWA Power signs $1.5 billion agreement with Power China – Al-Arabiya

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    LONDON (Reuters) – Saudi Arabian private utility ACWA Power said it has signed a $1.5 billion agreement with Power China, Al-Arabiya television station reported on Friday. (Reporting by Ahmad Ghaddar …

  • Business News

    Saudi’s ACWA Power signs $1.5 billion agreement with Power China – Al-Arabiya

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    LONDON (Reuters) – Saudi Arabian private utility ACWA Power said it has signed a $1.5 billion agreement with Power China, Al-Arabiya television station reported on Friday. (Reporting by Ahmad Ghaddar …

  • Business News

    UK public’s medium-term inflation expectations edge up: BoE

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    LONDON (Reuters) – The British public’s expectations for inflation over the medium term edged up last month – a source of concern for many BoE policymakers – although expectations for …

  • Business News

    Japan to increase defence budget by $7.3 billion in fiscal 2023 – sources

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    By Takaya Yamaguchi and Yoshifumi Takemoto TOKYO (Reuters) -Japan’s government is set to raise defence spending by 1 trillion yen ($7.34 billion) to around 6.5 trillion yen in the next …

  • Business News

    Japan to increase defence budget by $7.3 billion in fiscal 2023 – sources

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    By Takaya Yamaguchi and Yoshifumi Takemoto TOKYO (Reuters) -Japan’s government is set to raise defence spending by 1 trillion yen ($7.34 billion) to around 6.5 trillion yen in the next …

  • Business News

    G7 oil price cap not to blame for Turkey tanker queues, EU says

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    By Kate Abnett BRUSSELS (Reuters) – The Group of Seven countries’ price cap on Russian oil is not responsible for a queue of tankers waiting in the Black Sea to …

  • Business News

    G7 oil price cap not to blame for Turkey tanker queues, EU says

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    By Kate Abnett BRUSSELS (Reuters) – The Group of Seven countries’ price cap on Russian oil is not responsible for a queue of tankers waiting in the Black Sea to …

  • Business News

    Thai financial system stable but could be exposed to global risks -central bank

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    BANGKOK (Reuters) – Thailand’s financial system is resilient but stability could be affected by an abrupt change in the global financial market, which warrants close monitoring, the central bank said …

  • Business News

    Thai financial system stable but could be exposed to global risks -central bank

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    BANGKOK (Reuters) – Thailand’s financial system is resilient but stability could be affected by an abrupt change in the global financial market, which warrants close monitoring, the central bank said …

  • Business News

    Credit Suisse turnaround plan “well underway” after capital hike completed

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    By John Revill, Lucy Raitano and Pablo Mayo Cerqueiro (Reuters) -Credit Suisse got a positive market reaction on Friday after the embattled bank successfully completed the final part of its …

  • Business News

    Britain’s Morrisons in 220 million stg logistics sale and leaseback deal

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    LONDON (Reuters) – Morrisons has completed a 220 million pounds ($269 million) sale and leaseback deal for seven logistics properties with asset manager ICG, the British supermarket group said on …

  • Business News

    Britain’s Morrisons in 220 million stg logistics sale and leaseback deal

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    LONDON (Reuters) – Morrisons has completed a 220 million pounds ($269 million) sale and leaseback deal for seven logistics properties with asset manager ICG, the British supermarket group said on …

  • Business News

    Tesla to suspend Model Y output in Shanghai in last week of Dec-memo

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    SHANGHAI (Reuters) – Tesla Inc will suspend Model Y assembly at its Shanghai plant between Dec. 25 and Jan. 1, according to an internal memo detailing the automaker’s latest production …

  • Business News

    Britain reforms finance to exploit Brexit and ‘turbocharge’ growth

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    By Huw Jones LONDON (Reuters) – Britain set out 30 measures to overhaul the financial sector on Friday, including a repeal of ‘burdensome’ EU rules the government says will unlock …

  • Business News

    Experts say cheap public transport could ease German inflation

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    BERLIN (Reuters) – German inflation could cool in the coming months as a result of a low-cost public transport ticket agreed to by political leaders, experts said on Friday, with …

  • Business News

    Experts say cheap public transport could ease German inflation

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    BERLIN (Reuters) – German inflation could cool in the coming months as a result of a low-cost public transport ticket agreed to by political leaders, experts said on Friday, with …

  • Business News

    Congo seals Vodacom offices over tax dispute

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    KINSHASA (Reuters) – Democratic Republic of Congo authorities have sealed the offices and seized the accounts of the local branch of South Africa’s Vodacom over a tax dispute, the company …

  • Business News

    French nuclear watchdog to notify decision on EDF Penly 2 repair plans next week – spokesman

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    PENLY (France) (Reuters) – French nuclear safety watchdog ASN is expected to communicate its decision on EDF’s repair plans to fix stress corrosion problems at its Penly 2 nuclear reactor …

  • Business News

    Equity mutual fund inflows fall to 21-month low in Nov on rising rates

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    By Bharath Rajeswaran BENGALURU (Reuters) – Inflows into Indian equity mutual funds tanked nearly 76% to 22.58 billion Indian rupees ($274.49 million) in November from 93.9 billion rupees in the …

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