Breaking Business news from across New Jersey.
By Huw Jones LONDON – Euronext’s integration of Borsa Italiana is reaping savings faster than expected for potential acquisitions, though no “actionable” target has been identified, the pan-European exchange’s CEO …
-U.S. President Joe Biden said the January consumer price index report issued on Thursday was a reminder the budgets of Americans are under real strain, adding that his administration was …
By Allison Lampert and Aishwarya Nair -Canadian business jet maker Bombardier Inc said on Thursday it would increase production of its strongest-selling aircraft and forecast higher deliveries, after reporting an …
By Nichola Saminather TORONTO -Manulife Financial Corp and Sun Life Financial, Canada’s two biggest life insurers, are increasing premiums to offset higher costs this year from inflation that has risen …
LONDON – Britain’s Vodafone on Thursday rejected a preliminary approach for its Italian business from France’s Iliad and Apax Partners worth more than 11 billion euros, the first public skirmish …
By Bartosz Dabrowski -Linde, the world’s largest industrial gas company, is targeting 10%-13% growth in adjusted earnings per share (EPS) in 2022, after reporting better-than-expected fourth-quarter earnings on Thursday. The …
By Dominique Patton and Andrius Sytas BEIJING/VILNIUS -China suspended imports of beef, dairy and beer from Lithuania this week, Lithuania’s veterinary control agency said on Thursday, amid a growing trade …
WASHINGTON – The International Monetary Fund said on Thursday it is hoping that G20 finance leaders next week can advance proposals to strengthen a debt restructuring framework for poor countries …
By Devik Jain, Davide Barbuscia and Chuck Mikolajczak NEW YORK – Investors were bracing for more market volatility after a sharper-than-expected rise in consumer prices ramped up expectations for how …
SHANGHAI – Chinese electric car maker Xpeng said on Thursday it was expanding further to Europe, taking aim at the Swedish and Dutch markets. Until now the only overseas foray …
By Davide Barbuscia NEW YORK – U.S. Treasury yields have shot higher this year, rising faster than many forecast. Investors are now assessing if anticipation of a more hawkish Fed …
By Mehr Bedi -Cereal maker Kellogg Co forecast full-year profit growth above market expectations on Thursday, riding on higher product prices that helped overcome labor strike disruptions and soaring input …
By Stephanie Nebehay BELLINZONA, Switzerland – A former Credit Suisse employee testified on Thursday that she kept the bank’s management fully informed of outflows from Bulgarian customers’ accounts after authorities …
By Uday Sampath Kumar and Praveen Paramasivam -The world’s top two cola makers, Coca-Cola and PepsiCo, on Thursday warned of pressure on profits this year from a relentless rise in …
By Sheila Dang – Twitter Inc reported weaker-than-expected quarterly advertising revenue and user growth on Thursday and forecast revenue short of Wall Street targets, indicating that its turnaround plan has …
By Richa Naidu and Ross Kerber LONDON/BOSTON – The board of Ben & Jerry’s aims to work out a “new arrangement” for sales in Israel before the end of the …
By Danilo Masoni and Linda Pasquini -Delivery Hero saw almost a third of its market value wiped out on Thursday after 2022 earnings guidance fell short of market expectations and …
NEW YORK – U.S. consumer prices rose solidly in January, leading to the biggest annual increase in inflation in 40 years, which could fuel financial markets speculation for a 50 …
By Paresh Dave – YouTube on Thursday elaborated on its blockchain and metaverse plans for 2022, saying it could harness the emerging technologies to cut fraud in the fast-growing digital …
FRANKFURT – Euro zone inflation will return to trend without significant policy tightening by the European Central Bank as pandemic-related bottlenecks in goods as well as labour are resolved, the …
By Brenna Hughes Neghaiwi ZURICH – Credit Suisse’s bonus pool fell 32% in 2021, the bank said on Thursday, as the bank slashed regular deferred awards following a string of …
By Aditya Kalra and Aditi Shah NEW DELHI -The parent company of India’s ShareChat has acquired local rival MX’s short-video platform in a roughly $700 million deal, two sources told …
MOSCOW -Google faces a fine after Russia’s antitrust watchdog said the U.S. tech firm had breached rules related to suspending and blocking accounts on its YouTube video service. Russia’s Federal …
By Svea Herbst-Bayliss BOSTON -Activist investment firm Macellum Advisors GP LLC said on Thursday that it is seeking to take control of retailer Kohl’s Corp’s board and has nominated 10 …
By Mathieu Rosemain PARIS – Google Analytics, the world’s most widely used web analytics service developed by Alphabet’s Google, risks giving U.S. intelligence services access to French website users’ data, …