Breaking Business news from across New Jersey.
ZURICH (Reuters) – Switzerland’s economy is expected to grow by 1.3% this year, the government said on Wednesday, significantly below the country’s long-term average as industry struggles with weak demand …
BERLIN (Reuters) -German producer prices posted their biggest year-on-year decline in August since data collection began in 1949, spurring hopes for further easing of inflation in Europe’s largest economy. Producer …
By Mike Dolan LONDON (Reuters) – An eerie calm in U.S. Treasuries seems at odds with uncertainty about the end of the harshest tightening cycles in decades – but it’s …
By Nick Carey LONDON (Reuters) – Just over one in five new cars sold in the European Union in August was fully electric, as sales of zero-emission models more than …
(Reuters) – Commonwealth Bank of Australia on Wednesday said it has partnered with Tesla to allow the automaker’s customers to avail financing for electric vehicle (EV) purchases. Under the agreement, …
(This Sept. 18 story has been corrected to say inflation has stayed within the target range, not below, in paragraph 2 and BI was expected to keep rates up over …
A look at the day ahead in European and global markets from Tom Westbrook Jerome Powell has a needle to thread today between markets eager to call a peak in …
By Tetsushi Kajimoto TOKYO (Reuters) – Japan could intervene again to support the yen if it declines further, former top currency diplomat Takehiko Nakao told Reuters on Wednesday, and said …
By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s exports fell in August for a second straight month, weighed by declines in China’s demand for steel and heavy oil and stoking fears of …
SHANGHAI/SINGAPORE (Reuters) -China kept benchmark lending rates unchanged at a monthly fixing on Wednesday, in line with expectations, as fresh signs of economic stabilisation and a weakening yuan reduced the …
By David Shepardson WASHINGTON (Reuters) -A senior Republican in Congress asked Tesla Tuesday to detail its relationship with Chinese battery manufacturer CATL amid concerns U.S. electric vehicle subsidies were improperly …
By Enrico Dela Cruz MANILA (Reuters) – Economic growth in developing Asia this year will be slightly lower than previously expected as the weakness in China’s property sector and El …
By Scott Murdoch SYDNEY (Reuters) -Chinese electric vehicle maker Nio Inc said on Wednesday it had raised $1 billion in a two-tranche convertible bond from which it intends to use …
By Brenda Goh SHANGHAI (Reuters) -Boeing on Wednesday slightly increased its annual 20-year forecast for new plane deliveries to China, citing economic growth and increasing demand for domestic travel. The …
BEIJING (Reuters) – China’s economy faces a lot of difficulties and challenges, said Cong Liang, vice chairman of the National Development and Reform Commission, on Wednesday. China will intensify macro-control …
BUENOS AIRES (Reuters) – Argentina’s lower house on Tuesday passed a government-backed bill to cut taxes on high-income earners, a move that would erase about one trillion pesos ($2.8 billion) …
BRICK, NJ – If you’ve ever dreamt of living in the lap of luxury with stunning waterfront views, your dreams might just come true with this magnificent home listed for …
By Nivedita Balu TORONTO (Reuters) -Oracle is ready to cater to Canadian banks for their open banking needs and provide tools as needed when the country make its available, a …
BEIJING (Reuters) – China on Tuesday urged increased cross-border connectivity with Russia and deeper mutual trade and investment cooperation, as both allies vowed ever closer economic ties despite disapproval from …
By David Lawder NEW YORK (Reuters) – U.S. Treasury Secretary Janet Yellen said on Tuesday that she trusts the leaders of the World Bank and the International Monetary Fund to …
By Tetsushi Kajimoto TOKYO (Reuters) -Japanese authorities are always in close communication with U.S. counterparts on currencies and share a mutual understanding that excessive volatility is undesirable, Tokyo’s top foreign …
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s current deficit narrowed in the second quarter, official data showed on Wednesday, but the country’s external position remains well beyond sustainable levels. …
By David Lawder and Kanishka Singh NEW YORK/WASHINGTON (Reuters) -Treasury Secretary Janet Yellen said on Tuesday U.S. growth needed to slow to a pace more in line with its potential …
By Stephen Nellis (Reuters) – Oracle said on Tuesday that it would use Ampere Computing’s flagship processor chips in its cloud computing service, in a boost to the chip company …
By Jaiveer Shekhawat and Laura Matthews (Reuters) -Cboe Global Markets CEO Edward Tilly has resigned after failing to disclose personal relationships with colleagues, the exchange operator said on Tuesday, bringing …