Breaking Business news from across New Jersey.
By John O’Donnell and Balazs Koranyi FRANKFURT (Reuters) -Energy companies’ use of derivatives poses a wider financial risk, the European Central Bank said on Wednesday, cautioning that those firms could …
By Pushkala Aripaka (Reuters) – Britain’s lenders are seeking more data on the finances of potential and existing customers as a cost-of-living squeeze raises the risk of borrowers struggling with …
By Hannah Lang WASHINGTON (Reuters) – Partnerships between banks and financial technology companies are a net-positive for consumers when done responsibly, the Treasury Department will say in a report due …
By Hilary Russ NEW YORK (Reuters) – Burger King parent company Restaurant Brands International Inc on Wednesday said it appointed former Domino’s Pizza CEO Patrick Doyle as executive chairman, to …
By Dhara Ranasinghe BRUSSELS (Reuters) – Debt agency officials are conscious that the end of central bank largesse has unleashed volatility in fixed-income markets, but bonds are becoming more attractive …
(Reuters) – FTX’s Bahamas unit, FTX Digital Markets, is seeking protection from creditors in the United States under Chapter 15 of the U.S. Bankruptcy Code, a court filing showed on …
(Reuters) – British house prices increased by 9.5% year-on-year in September, the Office for National Statistics (ONS) said on Wednesday. The increase was lower than the 13.1% jump in August …
FRANKFURT (Reuters) – The European Central Bank must prioritize its fight against high inflation because that will in turn improve the currency bloc’s overall financial stability, ECB Vice President Luis …
(Reuters) – Barclays economists on Wednesday cut their global economic growth forecast for 2023 as inflation is seen unlikely to fall quickly, forcing monetary policy to be ‘restrictive’. The brokerage …
By Rachna Uppal ABU DHABI (Reuters) -Binance Chief Executive Changpeng Zhao said on Wednesday there was significant interest from industry players in a recovery fund his company plans to launch …
(Reuters) – Italian EU-harmonised consumer prices (HICP) rose 3.8% month-on-month in October and were up 12.6% from the year earlier, official statistics agency ISTAT said on Wednesday, revising down preliminary …
By Chayut Setboonsarng and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s economic stimulus policies will be more targeted toward vulnerable groups and low-income households, Finance Minister Arkhom Termpittayapaisith said on Wednesday. …
By Carolyn Cohn and Michael Shields ZURICH/LONDON (Reuters) -Zurich Insurance Group set more ambitious financial targets for the next three years on Wednesday as insurers benefit from rising premium rates. …
MADRID (Reuters) – Amazon’s cloud computing unit AWS plans to invest 2.5 billion euros ($2.60 billion) in Spain over the coming 10 years, supporting 1,300 full-time jobs in the country, …
By David Milliken LONDON (Reuters) – Bond dealers expect Britain to trim debt issuance plans for the current financial year, compared with those made just after September’s “mini-budget”, but see …
By Mike Dolan LONDON (Reuters) – If financial markets bore the brunt of this year’s interest rate shock, housing now stands in the firing line. And a residential real estate …
By Satoshi Sugiyama TOKYO (Reuters) – Toyota Motor Corp rolled out a 2-litre plug-in version of its Prius on Wednesday, in an attempt to reboot the 25-year-old hybrid that was …
TOKYO (Reuters) -Japanese chipmaker Rohm Co Ltd said on Wednesday it was considering joining a consortium led by private equity fund Japan Industrial Partners (JIP) to buy out Toshiba Corp, …
(Reuters) – Premier Foods reported a rise in half-yearly adjusted profit on Wednesday on strong demand for its cakes and grocery products, while flagging further price pressures amid surging inflation. …
ROME (Reuters) -The Italian economy ministry on Wednesday said it would appoint former Treasury official Antonino Turicchi as chairman of state-owned carrier ITA Airways, the successor to Alitalia. Turicchi, who …
By Ben Blanchard and Sarah Wu TAIPEI (Reuters) -Taiwan President Tsai Ing-wen has decried what she called “rumours” about the risk of investing in the island’s semiconductor industry and said …
NUSA DUA, Indonesia (Reuters) -Leaders of the Group of 20 (G2) major economies said on Wednesday their central banks will continue to calibrate the pace of monetary policy tightening, while …
By Clare Jim HONG KONG (Reuters) – Global investors Warburg Pincus and Greystar Real Estate Partners are pushing deeper into China’s rental housing, as a growing number of distressed developers …
By Suban Abdulla LONDON (Reuters) – Burberry’s new chief executive Jonathan Akeroyd will on Thursday set out his plan to finish the job started by his predecessor: boosting growth at …
A look at the day ahead in European and global markets from Ankur Banerjee U.S President Joe Biden said a missile that killed two people in Poland may not have …