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Category:

Business News

Breaking Business news from across New Jersey.

  • Business News

    Colombia finance minister opens door to international financing

    by Reuters November 17, 2022
    by Reuters November 17, 2022

    BOGOTA (Reuters) – Colombia Finance Minister Jose Antonio Ocampo on Thursday opened the door to possible financing in international markets for the Andean country, if the recent trend in falling …

  • Business News

    Canada ‘very unlikely’ to join OPEC-like group for nickel -gov’t source

    by Reuters November 17, 2022
    by Reuters November 17, 2022

    By Steve Scherer OTTAWA (Reuters) – Canada has not committed to establishing an OPEC-like organization for nickel-producing countries with Indonesia and is “very unlikely” to participate in any such group, …

  • Business News

    Swiss National Bank issued 140 billion Sfr of bills, repos following rate hike

    by Reuters November 17, 2022
    by Reuters November 17, 2022

    ZURICH (Reuters) – The Swiss National Bank has issued bills and repurchase agreements (repos) worth nearly 140 billion Swiss francs ($148.6 billion) after the central bank started its latest round …

  • Business News

    UK faces record hit to living standards as tax hikes loom

    by Reuters November 17, 2022
    by Reuters November 17, 2022

    By David Milliken, Andy Bruce and William Schomberg LONDON (Reuters) – Britain faces a record hit to living standards this year as surging inflation erodes incomes, the country’s budget forecasters …

  • Business News

    ID.me’s claim on scope of unemployment fraud baseless, U.S. Congress says

    by Reuters November 17, 2022
    by Reuters November 17, 2022

    By Paresh Dave OAKLAND, Calif. (Reuters) -Government contractor ID.me, which checks the identity of benefits applicants, had no basis for its claim that almost half of unemployment aid during the …

  • Business News

    Binance to relaunch bid to buy bankrupt Voyager Digital – Coindesk

    by Reuters November 17, 2022
    by Reuters November 17, 2022

    (Reuters) -Crypto exchange Binance’s U.S. unit is relaunching its bid to buy bankrupt lending platform Voyager Digital, Coindesk reported on Thursday, citing a person familiar with the matter. The report …

  • Business News

    Merck picks Goldman Sachs to launch pigments sale in 2023 – sources

    by Reuters November 17, 2022
    by Reuters November 17, 2022

    By Emma-Victoria Farr and Ludwig Burger FRANKFURT (Reuters) – German diversified group Merck KGaA has tapped Goldman Sachs to revive a $1 billion sale of its pigments division after previous …

  • Business News

    FAA OKs new $4.2 billion terminal at New York’s JFK airport

    by Reuters November 17, 2022
    by Reuters November 17, 2022

    By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) granted final environmental approval for construction of a new $4.2 billion terminal at New York City’s John F. Kennedy …

  • Business News

    Disabled employee sues Twitter over Musk’s ban on remote work

    by Reuters November 17, 2022
    by Reuters November 17, 2022

    By Daniel Wiessner (Reuters) – Twitter Inc owner Elon Musk’s mandate that employees stop working remotely and put in “long hours at high intensity” discriminates against workers with disabilities, a …

  • Business News

    China’s BYD expands electric vehicle operation in Brazil

    by Reuters November 17, 2022
    by Reuters November 17, 2022

    By Alberto Alerigi SAO PAULO (Reuters) – Chinese automaker BYD Co Ltd will start selling two new electric vehicle models in Brazil this month, betting on favorable political and environmental …

  • Business News

    Miners drag Europe’s STOXX 600 lower; German shares rise after Siemens’ profit beat

    by Reuters November 17, 2022
    by Reuters November 17, 2022

    By Shreyashi Sanyal and Devik Jain (Reuters) -Europe’s STOXX 600 index closed lower on Thursday as declines in miners and healthcare stocks offset gains in shares of engineering and technology …

  • Business News

    Factbox-From Genesis to Voyager, crypto firms’ exposure to FTX is coming to light

    by Reuters November 17, 2022
    by Reuters November 17, 2022

    (Reuters) – After major crypto exchange FTX filed for U.S. bankruptcy protection on Friday, the crypto industry is bracing for further fallout. BlockFi and Genesis, two firms with exposure to …

  • Business News

    U.S. imposes new sanctions over Iran sanctions evasion, targets Chinese firms

    by Reuters November 17, 2022
    by Reuters November 17, 2022

    By Daphne Psaledakis WASHINGTON (Reuters) -The United States on Thursday imposed sanctions on over a dozen companies based in China, Hong Kong and the United Arab Emirates that Washington accused …

  • Business News

    World Bank financing arm IFC will discuss $2 billion Ukraine package in December

    by Reuters November 17, 2022
    by Reuters November 17, 2022

    LONDON (Reuters) – The World Bank’s private investment arm will discuss a $2 billion support package for Ukraine at a board meeting in December, Lisa Kaestner, regional manager for Ukraine …

  • Business News

    St. Croix refinery cannot restart without new permit, air pollution tech -EPA

    by Reuters November 17, 2022
    by Reuters November 17, 2022

    By Laura Sanicola (Reuters) -U.S. regulators will require a new Clean Air Act permit for a troubled oil refinery in the U.S. Virgin Islands, which could cost its owners hundreds …

  • Business News

    As recession looms, British business sends out lending SOS

    by Reuters November 17, 2022
    by Reuters November 17, 2022

    By Sinead Cruise, Iain Withers and Lawrence White LONDON (Reuters) -As inflation rockets and recession looms, many British businesses are struggling to secure affordable bank finance, piling pressure on the …

  • Business News

    U.S. labor market remains tight despite technology sector layoffs

    by Reuters November 17, 2022
    by Reuters November 17, 2022

    By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits fell last week, showing widespread layoffs remain low despite a surge in technology-sector job …

  • Business News

    Credit Suisse wealth boss De Ferrari targets growth markets, tech boost

    by Reuters November 17, 2022
    by Reuters November 17, 2022

    By Oliver Hirt, Noele Illien and Michael Shields ZURICH (Reuters) – Francesco De Ferrari, the head of Credit Suisse’s wealth management business, is focused on growth markets, high net worth …

  • Business News

    Column-Warnings of Medicare fraud mount; here is how to avoid it

    by Reuters November 17, 2022
    by Reuters November 17, 2022

    By Mark Miller (Reuters) – A new report from the U.S. Senate Finance Committee documents a range of fraudulent and misleading marketing practices used to sell Medicare Advantage plans – …

  • Business News

    Hess CEO says OPEC ‘back in the driver’s seat’ as U.S. shale growth slows

    by Reuters November 17, 2022
    by Reuters November 17, 2022

    By Liz Hampton and Sabrina Valle (Reuters) – The Organization of the Petroleum Exporting Countries (OPEC) is “back in the driver’s seat” as the top swing producer amid slowing U.S. …

  • Business News

    Vietnamese EV maker VinFast to supply 2,500 units to U.S. car subscription service Autonomy

    by Reuters November 17, 2022
    by Reuters November 17, 2022

    HANOI (Reuters) – Vietnam’s electric vehicle maker VinFast said on Thursday it has struck a deal with U.S. car subscription service Autonomy to supply more than 2,500 units, its largest …

  • Business News

    Musk says he made some Tesla decisions without board nod, defends $56 billion pay

    by Reuters November 17, 2022
    by Reuters November 17, 2022

    By Tom Hals and Hyunjoo Jin WILMINGTON, Del (Reuters) -Elon Musk said in court on Wednesday that he made some Tesla Inc decisions without the approval of the company’s directors, …

  • Business News

    TSX falls as commodity stocks weigh

    by Reuters November 17, 2022
    by Reuters November 17, 2022

    By Johann M Cherian (Reuters) – Canada’s main stock index fell on Thursday, tracking weakness in oil and precious metal prices, amid worries over the path of U.S. interest rates …

  • Breaking NewsBusiness NewsFeatured NewsNew Jersey NewsOMG!Viral NewsWeird and Strange News

    KFC offers crispy chicken special to celebrate 1938 attacks on Jews in Nazi Germany

    by Phil Stilton November 17, 2022
    by Phil Stilton November 17, 2022

    KFC sent an offer on its app for Germans to celebrate what is widely considered the trigger of the Holocaust to its users this week. Kristallnacht was a 1938 organized …

  • Business News

    OBR sees UK GDP falling 2% in over a year of recession

    by Reuters November 17, 2022
    by Reuters November 17, 2022

    LONDON (Reuters) – Britain’s economy will shrink by 2% in a recession that started during the previous quarter and is on track to last just over a year, the Office …

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