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Category:

Business News

Breaking Business news from across New Jersey.

  • Business News

    Cash-squeezed developer Country Garden faces another dollar coupon deadline

    by Reuters September 17, 2023
    by Reuters September 17, 2023

    By Xie Yu HONG KONG (Reuters) – Embattled Chinese property developer Country Garden faces yet another liquidity test with Monday’s deadline to pay $15 million in interest linked to an …

  • Business News

    Chinese AI firm Fourth Paradigm leads Hong Kong IPO surge to raise $280 million

    by Reuters September 17, 2023
    by Reuters September 17, 2023

    By Scott Murdoch SYDNEY (Reuters) – Three Chinese firms, led by AI software company Beijing Fourth Paradigm, are aiming to raise up to $280 million in Hong Kong initial public …

  • Business News

    Singapore’s Aug exports fall 20% y/y, more than forecast

    by Reuters September 17, 2023
    by Reuters September 17, 2023

    SINGAPORE (Reuters) – Singapore’s non-oil domestic exports (NODX) fell 20.1% year-on-year in August, official data showed on Monday, as both electronics and non-electronics exports to the United States, Europe and …

  • Business News

    KKR to acquire stake in SingTel’s regional data centre unit for $807 million

    by Reuters September 17, 2023
    by Reuters September 17, 2023

    By Navya Mittal and Yantoultra Ngui (Reuters) -Singapore Telecommunications (SingTel) said on Monday global investment firm KKR will acquire a 20% stake in SingTel’s regional data centre business for S$1.1 …

  • Business News

    Codelco ends long-term mined copper deals to China clients from 2025 -sources

    by Reuters September 17, 2023
    by Reuters September 17, 2023

    By Julian Luk LONDON (Reuters) -Chile’s Codelco is ending long-term contracts to sell copper concentrate to Chinese clients from 2025, bidding to broaden its product offering to them after evaluating …

  • Business News

    Bullock takes over at Australia central bank with soft landing in sight

    by Reuters September 17, 2023
    by Reuters September 17, 2023

    By Stella Qiu SYDNEY (Reuters) -When Michele Bullock takes over as the first woman to head Australia’s central bank on Monday, she inherits an economy with inflation moderating, employment strong …

  • Business News

    UK manufacturing trade body cuts outlook for 2023

    by Reuters September 17, 2023
    by Reuters September 17, 2023

    By Suban Abdulla LONDON (Reuters) – Britain’s main manufacturing trade body on Monday cut its forecast for the sector’s growth for this year and next, citing a sharp fall in …

  • Business News

    Asking prices for UK homes pick up slightly despite summer slowdown: Rightmove

    by Reuters September 17, 2023
    by Reuters September 17, 2023

    LONDON (Reuters) – Asking prices for homes in Britain rose marginally this month following a sharp drop in August, but buyer affordability is expected to improve in the coming months …

  • Business News

    Arm’s stellar listing sets the stage for more SoftBank acquisitions

    by Reuters September 17, 2023
    by Reuters September 17, 2023

    By Anton Bridge TOKYO (Reuters) -The roaring success of Arm Holdings’ stock market debut makes it much easier for owner SoftBank Group to revert to its natural state – acquisition-hungry. …

  • Business News

    UAW strike against Detroit Three automakers enters third day

    by Reuters September 17, 2023
    by Reuters September 17, 2023

    By David Shepardson (Reuters) -The United Auto Workers strike against the Detroit Three automakers entered its third day on Sunday with no immediate resolution on the horizon. Union negotiators and …

  • Business News

    Canada’s BMO to close indirect retail auto finance business, flags job losses

    by Reuters September 17, 2023
    by Reuters September 17, 2023

    By Nivedita Balu TORONTO (Reuters) – Bank of Montreal (BMO) is winding down its indirect retail auto finance business and shifting focus to other areas in a move that will …

  • Business News

    Marketmind: Clarion call for Bank of Japan clarity

    by Reuters September 17, 2023
    by Reuters September 17, 2023

    By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The Bank of Japan’s policy meeting on Friday is the …

  • Breaking NewsBusiness NewsCentral Jersey NewsCommunity NewsNew Jersey NewsToms River News

    Record Thief Targeting Rare Punk Vinyl in Statewide Operation

    by Phil Stilton September 17, 2023
    by Phil Stilton September 17, 2023

    LACEY TOWNSHIP, NJ – Record store owners across New Jersey have identified a man they suspect is targeting businesses and stealing high-priced classic punk and 80s vinyl. To date, three …

  • Business News

    Lengthy UAW strike could buy GM time to address nagging EV issues

    by Reuters September 17, 2023
    by Reuters September 17, 2023

    By Paul Lienert DETROIT (Reuters) – General Motors is at greater risk than rivals Ford Motor and Stellantis of disruption to electric vehicle production from a prolonged UAW strike – …

  • Business News

    DirecTV to temporarily restore Nexstar-owned stations

    by Reuters September 17, 2023
    by Reuters September 17, 2023

    (Reuters) – DirecTV and Nexstar have agreed to temporarily returnthe signals of the Nexstar-owned stations and national cable news network NewsNation to DirecTV, DirecTV Stream and U-verse, the companies said …

  • Business News

    Ferrari renews partnership with Puma

    by Reuters September 17, 2023
    by Reuters September 17, 2023

    (Reuters) – Italian sportscar maker Ferrari on Sunday said that its racing division has renewed a partnership with German sports goods maker Puma. Scuderia Ferrari has renewed its multi-year partnership …

  • Business News

    China police detain some Evergrande wealth management staff

    by Reuters September 17, 2023
    by Reuters September 17, 2023

    BEIJING (Reuters) – Police in southern China have detained some staff at China Evergrande Group’s wealth management unit, suggesting a new investigation that could add to the property giant’s woes. …

  • Business News

    UAW cites ‘productive’ talks with Ford on second day of US auto strike

    by Reuters September 16, 2023
    by Reuters September 16, 2023

    By David Shepardson and Joseph White (Reuters) -Negotiators for the United Auto Workers and Ford Motor had “reasonably productive discussions” toward a new contract, the union said on Saturday, while …

  • Business News

    Fed unlikely to raise rates in November, says Goldman Sachs

    by Reuters September 16, 2023
    by Reuters September 16, 2023

    (Reuters) – The Federal Reserve is unlikely to raise interest rates at its Oct. 31-Nov. 1 meeting, Goldman Sachs strategists wrote on Saturday, while also forecasting the U.S. central bank …

  • Business News

    France to let fuel retailers sell below cost in inflation fight -PM

    by Reuters September 16, 2023
    by Reuters September 16, 2023

    (Corrects spelling of Elisabeth, paragraph 1) PARIS (Reuters) – The French government plans to temporarily lift a ban on retailers selling road fuel below cost as part of efforts to …

  • Business News

    Explainer-UAW strikes target Detroit Three automakers

    by Reuters September 16, 2023
    by Reuters September 16, 2023

    (Reuters) -The United Auto Workers (UAW) union on Friday launched strikes at three U.S. auto plants after failing to reach an agreement over new contracts, the first-ever simultaneous labor action …

  • Breaking NewsBusiness NewsCommunity NewsFood & DiningGood NewsTop 10 ListsTravel

    If You Want these Five Foods Done Right, You Need to Go to Philadelphia

    by Ryan Dickinson September 16, 2023
    by Ryan Dickinson September 16, 2023

    Philadelphia is a city known for its rich history and equally rich culinary traditions. While you might find variations of these dishes elsewhere, there are certain foods that are simply …

  • Breaking NewsBusiness NewsFeatured NewsFood & DiningGood NewsNew York City NewsTop 10 ListsTravel

    These Foods Just Taste Better in New York City than Anywhere Else in America

    by Adam Devine September 16, 2023
    by Adam Devine September 16, 2023

    New York City is a culinary melting pot, and its food scene is as diverse as its population. However, some foods are so quintessentially New York that they’ve become iconic. …

  • Breaking NewsBusiness NewsCommunity NewsFeatured NewsFood & DiningGood NewsNew Jersey NewsTop 10 Lists

    Five Businesses that Are Uniquely New Jersey

    by Jessica Woods September 16, 2023
    by Jessica Woods September 16, 2023

    When you think of New Jersey, you think of shopping malls and outlets, but that’s pretty much the case for any state in America. What you don’t think about are …

  • Business News

    Argentina government expects economic rebound, inflation slowdown in 2024

    by Reuters September 16, 2023
    by Reuters September 16, 2023

    BUENOS AIRES (Reuters) – Argentina’s economy is expected to grow 2.7% in 2024 after contracting 2.5% this year, according to a budget proposal sent by the economy ministry to Congress …

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