Breaking Business news from across New Jersey.
By Emma-Victoria Farr and Amy-Jo Crowley FRANKFURT/LONDON (Reuters) -German advertising group Stroeer is considering possible options for the sale of Statista in 2024, in a process which could value the …
By Chibuike Oguh NEW YORK (Reuters) – U.S. investors are awaiting a slew of initial public offerings (IPO) in coming months, hoping to ride the recent rally in equity markets. …
LONDON (Reuters) – Reinsurance rates are likely to continue to rise in 2024, though at a slower pace than in 2023, and prices will start to fall in 2025, Fitch …
AMSTERDAM (Reuters) -Philips said on Thursday it has reached a settlement to resolve one category of legal claims against it following a major recall of the Dutch medical equipment maker’s …
TORONTO (Reuters) – Canadian economic activity expanded in August, rebounding after a contraction in the previous month, Ivey Purchasing Managers Index (PMI) data showed on Thursday. The seasonally adjusted PMI …
BERLIN (Reuters) -German industrial production fell by slightly more than expected in July, the federal statistics office said on Thursday, underlining the challenges faced by the sector after a winter …
By Amy-Jo Crowley LONDON (Reuters) – Carlyle is weighing options for its UK video games maker Jagex, a business which could be valued as high as 1 billion pounds ($1.25 …
By Julie Zhu and Kevin Yao HONG KONG/BEIJING (Reuters) -China has in recent weeks widened existing curbs on the use of iPhones by state employees, telling staff at some central …
LONDON (Reuters) – JPMorgan doubled its Turkish rate-hike forecasts for the coming months on Thursday, predicting that fiscal spending plans and higher inflation would see them go up by another …
By John Revill ZURICH (Reuters) -Nestle is buying a majority stake in Brazilian premium chocolate maker Grupo CRM, the Swiss food group said on Thursday, as it seeks to expand …
By Tatiana Bautzer and Lananh Nguyen NEW YORK (Reuters) -Wealthy clients going to a Morgan Stanley financial adviser to discuss their investments may have a different sort of experience in …
DETROIT (Reuters) – Ford Motor Co said about 8,000 U.S. workers represented by the United Auto Workers union will get an average $4.33 an hour in additional pay under provisions …
(Reuters) -Wells Fargo said on Thursday that William Daley would retire as vice chairman of public affairs at the end of the year. Daley joined Wells Fargo in 2019 from …
(Reuters) -Hamilton Insurance Group said on Thursday it has confidentially filed for a U.S. initial public offering, at a time when there is growing momentum for deals involving insurance and …
By Sergio Goncalves LISBON (Reuters) – The former chief executive of Portuguese airline TAP, Christine Ourmieres-Widener, has filed a lawsuit in a Lisbon court to claim over 5.9 million euros …
SYDNEY (Reuters) – Papua New Guinea’s police said on Thursday they were obtaining arrest warrants over an ill-fated A$1.2 billion ($766 million) loan to the state from Swiss bank UBS …
BEIJING/HANOI (Reuters) -Chinese rare earth prices jumped to their highest in 20 months, as mining suspension in major producer Myanmar sparked stockpiling ahead of the peak consumption season, analysts said …
By Giulio Piovaccari MILAN (Reuters) – Carmaker Stellantis believes internal combustion engine (ICE) vehicles could be on the road until 2050, making it necessary to contain their carbon emissions until …
By Reshma Rockie George (Reuters) – J.P.Morgan on Thursday said supply chain disruptions from a potential United Auto Workers (UAW) union strike would cut new vehicle production, drive up used …
(Reuters) -Electric-vehicle startup Fisker said on Thursday it expects to increase the production of its Ocean sports utility vehicle to about 300 units a day in the fourth quarter from …
By Gabriel Burin BUENOS AIRES (Reuters) – Argentina’s troubled peso currency is at risk of suffering another devaluation after October’s presidential election or a potential second round in November, a …
OSLO (Reuters) -H2 Green Steel has raised equity funding of about 1.5 billion euros ($1.6 billion) to build the world’s first large-scale green steel plant, the Swedish steel company said …
WARSAW (Reuters) – The leader of Poland’s largest opposition party accused central bank governor Adam Glapinski of acting under political influence on Thursday, after a bigger-than-expected rate cut stunned markets …
JAKARTA (Reuters) – Indonesia has asked the United States to begin talks on a trade deal for critical minerals so that exports from the Southeast Asian country can be covered …
By Aniruddha Ghosh (Reuters) – Goldman Sachs and Morgan Stanley are poised for stronger results next year compared to other large-cap U.S. banks as dealmaking on Wall Street picks up …