Breaking Business news from across New Jersey.
(Reuters) – Global equity funds attracted substantial inflows in the week ending Sept. 13, buoyed by hopes the Federal Reserve might halt its rate increases amidst easing inflationary concerns, potentially …
By Pablo Mayo Cerqueiro, Mathieu Rosemain and Andres Gonzalez LONDON/PARIS (Reuters) -Societe Generale is open to a sale of its Equipment Finance business as the French bank’s new CEO Slawomir …
By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka’s economy shrank 3.1% in the April-June quarter, official data showed on Friday, as the country struggles to claw out of its worst financial …
By Ann Saphir (Reuters) – Faster growth, cooler inflation and a job market that won’t quit have set the stage for an updated batch of forecasts from Federal Reserve officials …
By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) -Bayer’s new CEO plans to cut management jobs to speed up decision-making as a first step to overhaul the embattled German industrial …
TOKYO (Reuters) – SoftBank Group’s Arm Holdings soared almost 25% above its Nasdaq debut price on Thursday, valuing the company at $65 billion. The following are some of the other …
FRANKFURT (Reuters) – Euro zone banks will repay early another 34.2 billion euros in multi-year loans from the European Central Bank, shedding central bank liquidity as borrowing costs rise, ECB …
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe Brewing industrial action looks set to test the resilience of the U.S. economy, and especially jobs …
MADRID (Reuters) – The European Central Bank has no target date for cutting interest rates and expectations for a move next June are just market betting that may easily prove …
By Tatiana Bautzer, Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) – As Citigroup embarks on a sweeping reorganization, support staff in compliance and risk management are among the most …
By Ludwig Burger FRANKFURT (Reuters) -Novartis shareholders on Friday voted in favour of spinning off the Swiss company’s generic-drugs business Sandoz, with investors holding 99.7% of the represented capital supporting …
By Joe Cash and Liz Lee BEIJING (Reuters) -China will impose sanctions against U.S. aerospace and defence firms Northrop Grumman and Lockheed Martin for providing weapons to Taiwan, the Chinese …
BEIJING (Reuters) – J.P.Morgan and ANZ on Friday raised their 2023 economic growth forecast for China, after August economic numbers offered some signs of stabilization in the world’s second-largest economy. …
By Nell Mackenzie and Carolina Mandl LONDON (Reuters) – The world’s five biggest hedge funds have doubled their footprint in the U.S. stock market through leverage and trading positions since …
BRUSSELS (Reuters) – The euro zone swung to an unadjusted 6.5 billion euro trade surplus in July from a 36.3 billion euro deficit a year earlier as costs of energy …
BEIJING (Reuters) – China’s fiscal revenue rose 10% in the Jan-Aug period of 2023, slower than 11.5% growth in Jan-July, official data showed, even as the economy showed signs of …
By Florence Tan, Lewis Jackson and Emily Chow SINGAPORE/SYDNEY (Reuters) -Chevron’s two western Australian plants continued exports of liquefied natural gas (LNG) on Friday, despite a step-up in strikes and …
By Anne Kauranen HELSINKI (Reuters) -Finland’s economic downturn will last longer than expected, driven by weaker export demand and a rapid slowdown in construction activity in the face of high …
BERLIN (Reuters) – European Union quotas for sustainable aviation fuels (SAF), seen as an expensive but essential key to greener air travel, are not achievable by today’s standards, according to …
By John O’Donnell and Marie Mannes STOCKHOLM (Reuters) – For months, Sweden’s government has sought to play down a property crisis that has throttled confidence in the Nordic state, repeating …
SANTIAGO DE COMPOSTELA (Reuters) – German Finance Minister Christian Lindner said at the informal EU finance ministers meeting on Friday that a decision is not expected this week on who …
BEIJING (Reuters) – China’s government land sales revenue fell for the 20th consecutive month in August, data from the finance ministry showed on Friday, signalling more pressure on local governments …
By Marie Mannes STOCKHOLM (Reuters) -H&M reported on Friday flat sales for its most recent quarter, lagging expectations as the world’s second-biggest fashion retailer struggled in the face of intense …
By Reinhard Becker and Sarah Marsh BERLIN (Reuters) – Imports of Chinese vehicles and parts to Germany jumped 75% in the first half of the year while trade the other …
By Satawasin Sta[censored]charnchai BANGKOK (Reuters) -Thailand will set a new daily minimum wage by the year’s end, its labour minister said on Friday, but it would not be 400 baht …