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Category:

Business News

Breaking Business news from across New Jersey.

  • Business News

    Google must remove ‘manifestly inaccurate’ data, EU top court says

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    By Foo Yun Chee LUXEMBOURG (Reuters) -Alphabet unit Google must remove data from online search results if users can prove it is inaccurate, Europe’s top court said on Thursday. Free …

  • Business News

    South Korea issues second back-to-work order, striking truckers to vote

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    By Heekyong Yang and Ju-min Park SEOUL (Reuters) -South Korea ordered truckers in the steel and petrochemical industries to end their strike on Thursday, widening a back-to-work decree beyond the …

  • Business News

    Exclusive-EU to propose delay to medical device law amid supply worries

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    By Maggie Fick LONDON (Reuters) – The EU Health Commissioner will on Friday propose extending the deadline for companies to comply with a new law regulating medical devices, she told …

  • Business News

    Saudi Arabia signs MoU with China’s Huawei -statement

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    CAIRO (Reuters) – Saudi Arabia signed a memorandum of understanding with China’s Huawei Technologies on Thursday on cloud computing and building high-tech complexes in Saudi cities, the government communication office …

  • Business News

    Wells Fargo sees global growth slowing to 1.7% next year

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    (Reuters) – Wells Fargo is expecting the global economy to grow at a slower pace in 2023, joining other big American banks that have tempered their estimates this year and …

  • Business News

    Blue Apron to cut 10% of corporate workforce

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    (Reuters) – Meal kit company Blue Apron Holdings Inc said on Thursday it would cut about 10% of its corporate workforce as it looks to reduce costs and streamline operations. …

  • Business News

    European house prices may be on the verge of falling, risk watchdog says

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    FRANKFURT (Reuters) – European house prices may be on the verge of declining as the economic environment deteriorates and the commercial real estate sector is also at risk, the European …

  • Business News

    Ukraine holds key rate at 25%, Russian air strikes to affect GDP

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    By Olena Harmash KYIV (Reuters) -Ukraine’s central bank kept its main interest rate unchanged at 25% on Thursday, and said Russian missile strikes on energy facilities were set to have …

  • Business News

    Portuguese airline TAP running reduced service as two-day strike kicks off

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    LISBON (Reuters) – Portuguese flag carrier TAP is running a reduced service as its cabin crew stage a two-day strike to demand higher salaries and better working conditions. The strike, …

  • Business News

    Turkey says to continue blocking oil tankers without proper insurance

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    ANKARA (Reuters) – Turkey’s maritime authority said on Thursday it would continue to block the passage of oil tankers without appropriate insurance letters, adding that the insurance checks on ships …

  • Business News

    Cameo launches Cameo Kids personalized videos with Candle Media

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    By Dawn Chmielewski (Reuters) – Celebrity video messaging service Cameo said Thursday it has partnered with Candle Media to launch a new feature aimed at the playground set — Cameo …

  • Business News

    Airbus CEO details broad post-crisis industrial hurdles

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    By Tim Hepher PARIS (Reuters) – Aerospace is grappling with a slower-than-expected industrial recovery from the pandemic, with disruption spreading beyond its core supply chain and exposing fragile links with …

  • Business News

    Foxconn’s COVID-hit China plant lifts “closed-loop” management curbs

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    LONDON (Reuters) – HONG KONG, Dec 8 (Reuters) – Apple supplier Foxconn’s COVID-hit Zhengzhou facility in China has lifted its “closed-loop” management curbs on Thursday, it said in a statement …

  • Business News

    Saudi Arabia, China sign MoUs on hydrogen – state news agency

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    DUBAI (Reuters) – Saudi Arabia and China have signed memorandums of understanding on hydrogen energy and the encouragement of direct investment between the two states, state news agency (SPA) said …

  • Business News

    BNP Paribas Asset Management heads for the woods with Danish deal

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    By Virginia Furness LONDON (Reuters) – BNP Paribas Asset Management said on Thursday it had bought a majority stake in a Danish firm specialising in woodland and agricultural investments. The …

  • Business News

    Mexico annual inflation slows to 7.8% in November, core index still a concern

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    MEXICO CITY (Reuters) – Mexican consumer prices rose 7.8% in the year through November, slowing down from the previous month to reach its lowest level since May even as the …

  • Business News

    U.S. Online goods prices fall in positive sign for Fed – Adobe

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    By Howard Schneider WASHINGTON(Reuters) – Prices for online goods in the United States fell at a nearly 2 percent annual pace in November, the fastest decline since the onset of …

  • Business News

    Exclusive-Chinese grab Russian car market share after Western rivals depart

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    By Gleb Stolyarov MOSCOW (Reuters) – Chinese brands account for almost a third of Russia’s car market, data shared with Reuters shows, as the sector more than any other shows …

  • Business News

    Unilever mulls $3 billion sale of some U.S. ice cream brands – Bloomberg News

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    (Reuters) -British consumer goods giant Unilever is considering the sale of a portfolio of U.S. ice cream brands such as Klondike and Breyers, that could be valued at as much …

  • Business News

    TSX futures muted as gold prices slip; U.S. jobs data in focus

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    (Reuters) – Futures tracking Canada’s resources-heavy main stock index were subdued on Thursday as gold prices slipped, while investors awaited U.S. labor data to gauge the Federal Reserve’s next policy …

  • Business News

    French farmer wins $11,700 in Bayer pesticide fumes case

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    By Tassilo Hummel and Gus Trompiz PARIS (Reuters) -Germany’s Bayer has been ordered to pay compensation of 11,135 euros ($11,700) to a French farmer who inhaled fumes from a weedkiller, …

  • Business News

    EU markets watchdog raps national regulators over Brexit hubs

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    By Huw Jones LONDON (Reuters) – Regulators in Ireland, Luxembourg and the Netherlands allowed investment funds shifting operations from London to the European Union after Brexit to operate with too …

  • Business News

    Airfares on key routes to rise by as much as 25% in 2023 – Amex GBT

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    By Jamie Freed SYDNEY (Reuters) – Airfares on key corporate travel routes are expected to rise by as much as 25% in 2023 amid high fuel prices, a stronger U.S. …

  • Business News

    ‘The worst is yet to come’: the curse of high inflation

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    By Mark John (Reuters) – Globally, people are experiencing inflation at levels not seen for decades as prices surge for essentials like food, heating, transport and accommodation. And though a …

  • Business News

    Ukraine’s GDP will fall deeper than expected – central bank deputy governor

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    KYIV (Reuters) – Ukraine’s GDP will fall deeper than expected this year because of Russian air strikes on the country’s energy infrastructure, central bank deputy governor Serhiy Nikolaychuk said on …

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