Breaking Business news from across New Jersey.
By Hadeel Al Sayegh, Andres Gonzalez and Belén Carreño DUBAI/MADRID (Reuters) -Jose Maria Alvarez-Pallete, chairman and chief executive of debt laden Spanish telephone and internet service company Telefonica, got an …
By Nick Carey (Reuters) – Lotus unveiled a fully-electric grand tourer (GT) sports car in New York on Thursday, the latest step in the British-based carmaker’s plans to go from …
By Samuel Indyk LONDON (Reuters) -Investors are starting to grow weary of the hype around artificial intelligence, as evidenced by the first outflow from technology stocks in almost three months, …
(Reuters) – Citigroup downgraded its 2023 economic growth forecast for the euro area to 0.4%, and said it expected the region’s economy to shrink “gently” over the next three quarters. …
BEIJING (Reuters) – Nanjing has eliminated curbs on home buying, the first big Chinese city to do so, as policymakers scramble to arrest a deepening crisis in the massive property …
By Kitiphong Thaichareon BANGKOK (Reuters) -Thailand’s economy is expected to grow 2.8% this year, helped by public consumption and investment after the formation of a new government, a deputy finance …
By Nikunj Ohri and David Lawder NEW DELHI (Reuters) -U.S. Treasury Secretary Janet Yellen said on Friday the United States was willing to work with India to help craft a …
(Reuters) – Faraday Future Intelligent Electric on Thursday said it has recently observed a series of “suspicious activities” which the electric-vehicle startup believes suggested a “coordinated effort” to undermine its …
A look at the day ahead in European and global markets from Ankur Banerjee Investors probably can’t wait for the week to end, with worries over China’s curbs on iPhones …
By Aditya Soni and David Shepardson (Reuters) – Beijing’s widening curbs on iPhone use by government staff raised concerns among U.S. lawmakers on Thursday and fanned fears that American tech …
By Anant Chandak BENGALURU (Reuters) – Inflation in India was likely to have eased in August from a 15-month high in July, led by cooling vegetable prices, but held above …
By Roushni Nair (Reuters) – The Australian securities regulator said on Friday it initiated a lawsuit against the trustee of AustralianSuper, citing the country’s largest superannuation fund failed to have …
(Reuters) – Canada’s Rogers Communications said on Thursday it is pricing in a C$3 billion ($2.19 billion) bond offering to repay short-term debt and other borrowings. Rogers is selling its …
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets go into the final trading day of the …
(Reuters) – Goldman Sachs is planning for another round of job cuts for employees who are deemed underperformers, which could come as soon as late October, the Finanical Times reported …
By John Kemp LONDON (Reuters) -Global industrial production and containerised freight flows remained in the doldrums at the start of the third quarter, confounding predictions earlier in the year for …
TOKYO (Reuters) – Japanese real wages extended their fall to a 16th consecutive month in July, government data showed on Friday, as salaries failed to keep up with rising prices. …
ABOARD AIR FORCE ONE (Reuters) – The White House expects to see meaningful progress on GE jet engines and civil nuclear technology in upcoming bilateral talks between U.S. President Joe …
By David Milliken LONDON (Reuters) – British employers concerned about the economic outlook reduced the number of workers they hired via recruitment agencies last month at the fastest pace in …
By Sinéad Carew and Shristi Achar A (Reuters) – The S&P 500 and Nasdaq fell on Thursday, with the biggest drag from Apple and a sell-off in chip stocks over …
SHANGHAI/BEIJING (Reuters) – Simon Yu’s monthly mortgage payments for his Shanghai apartment will drop after China’s latest measures to support the ailing property sector, but so will the interest he …
(Reuters) – Dallas Federal Reserve Bank President Lorie Logan on Thursday said that while it “could be appropriate” to skip an interest-rate increase at the U.S. central bank’s upcoming meeting, …
By Echo Wang and Svea Herbst-Bayliss NEW YORK (Reuters) – SoftBank Group Corp’s Arm Holdings Plc on Thursday told potential investors in its roughly $5 billion initial public offering that …
By Milana Vinn (Reuters) – The private equity owners of EagleView Technologies are exploring a sale of the provider of aerial imagery and data analytics services that could value it …
By Mimosa Spencer and Dawn Chmielewski PARIS (Reuters) -French luxury goods billionaire Francois-Henri Pinault has reached an agreement for a majority stake in Creative Artists Agency (CAA), adding Hollywood’s premiere …