Breaking Business news from across New Jersey.
By Bansari Mayur Kamdar and Shashwat Chauhan (Reuters) -European shares marked weekly gains on Friday, as better-than-expected Chinese data lifted luxury firms while investors took comfort from signs that the …
SANTIAGO DE COMPOSTELA, Spain (Reuters) – As China loses its importance as a destination for German exports, the euro zone’s biggest economy is looking for new markets for its products …
By David Shepardson ARLINGTON, Virginia (Reuters) – U.S. District Judge Leonie Brinkema on Friday declined to order a Justice Department official to stay out of the government’s advertising antitrust lawsuit …
QUITO (Reuters) – The Development Bank of Latin America (CAF) has approved three credits for Ecuador worth a total of $488 million, part of which will help the next government …
By Amina Niasse (Reuters) – Manufacturing activity in New York State accelerated moderately in September, topping expectations for a continued slowdown as new orders and shipments increased. The New York …
By Tim Hepher PARIS (Reuters) – Airbus is pushing ahead with plans to name a new internal head of its commercial aircraft business, effectively recreating a separate civil jetliner division …
(Reuters) -The United Auto Workers (UAW) union launched simultaneous strikes at three factories owned by General Motors, Ford and Chrysler parent Stellantis on Friday, kicking off the most ambitious U.S. …
By Laurie Chen and Xiaoyu Yin TONGCHUAN, China (Reuters) – Construction worker Shi Tieniu bought a presale apartment in an industrial city in northwestern China’s Shaanxi province, billed as a …
By Ellen Zhang and Joe Cash BEIJING (Reuters) -China’s factory output and retail sales grew at a faster pace in August, but tumbling investment in the crisis-hit property sector threatens …
(Reuters) – Nikola said on Friday it would expand its dealer network into Canada for heavy-duty truck sales in a partnership with trailer manufacturer ITD Industries, sending the electric-truck maker’s …
By Foo Yun Chee BRUSSELS (Reuters) -Hitachi has offered to sell assets in France and Germany as well as its core train control technology to gain EU antitrust approval for …
By Suzanne McGee and Lewis Krauskopf NEW YORK (Reuters) – Newly publicly traded company Arm Holdings is poised to be added to popular indexes such as the tech-heavy Nasdaq 100, …
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve losses breached the $100 billion mark, central bank data released on Thursday showed, and they’re likely to go a lot …
By Abhijith Ganapavaram and Nathan Gomes (Reuters) -A strike by U.S. auto workers briefly hit shares of Ford Motor, General Motors and their suppliers on Friday on worries that the …
(Reuters) – Wall Street giant Goldman Sachs has named Monali Vora as its head of wealth investment solutions for asset management, according to an internal memo seen by Reuters on …
(Reuters) – U.S. consumer sentiment edged lower for a second straight month in September but their economic outlook brightened modestly as household expectations for near-term inflation fell to the lowest …
By Alexander Marrow (Reuters) -The rouble strengthened on Friday but gave up some intraday gains after the Bank of Russia raised interest rates to 13%, a move anticipated by the …
By Jorgelina do Rosario LONDON (Reuters) – Argentina and the International Monetary Fund share a rocky history spanning seven decades – and it looks as if things could get worse. …
WASHINGTON (Reuters) – Production at U.S. factories barely rose in August as motor vehicle output dropped and activity could plunge in the months ahead after the United Auto Workers (UAW) …
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – Russia’s central bank raised its key interest rate by 100 basis points to 13% on Friday, jacking up the cost of …
By Matt Tracy (Reuters) – U.S. junk-bond offerings have spiked in recent weeks on the back of strong demand from investors looking to boost their returns buying the risky yet …
(Reuters) – U.S. equity funds saw robust inflows after six straight weeks of outflows, on hopes that receding inflationary pressures would pause the Federal Reserve’s monetary tightening, while optimism over …
Two Rite Aid stores in New Jersey have closed and one more will be shutting down soon as the company contemplates a Chapter 11 bankruptcy filing, which could provide a …
By Jan Strupczewski SANTIAGO DE COMPOSTELA, Spain (Reuters) -Euro zone finance ministers agreed on Friday that fiscal policy should be restrictive next year to help the European Central Bank curb …
By Francesco Canepa SANTIAGO DE COMPOSTELA, Spain (Reuters) -The European Central Bank will keep interest rates high for an extended period and could even raise them again if needed, policymakers …