Breaking Business news from across New Jersey.
By John Revill and Tomasz Janowski ZURICH (Reuters) – A rare Swiss parliamentary investigation due to start this week aims to establish what went wrong before the dramatic fall of …
Breaking Business news from across New Jersey.
By John Revill and Tomasz Janowski ZURICH (Reuters) – A rare Swiss parliamentary investigation due to start this week aims to establish what went wrong before the dramatic fall of …
By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) – Japanese consumers may finally be shedding their decades-old frugal mindset, spending more on items that retailers were once too afraid to …
By Nick Carey LONDON (Reuters) – China’s looming gallium export controls leave automakers with a dilemma over whether they can continue to rely on a metal which had been seen …
A look at the day ahead in European and global markets from Tom Westbrook A day of calm after last week’s clear-out in the bond market and investors are back …
By Clare Jim HONG KONG (Reuters) -Shares of Chinese property developers rose on Tuesday after regulators extended some policies in a rescue package introduced in November to shore up liquidity …
(Reuters) -Meta Platforms’ social media apps Instagram and Facebook, messaging app WhatsApp and Twitter-rival Threads were all back up after a brief outage affecting thousands of users on Monday, according …
By Suban Abdulla LONDON (Reuters) – Unusually hot weather boosted sales of sun screen and barbecue food in Britain last month, a British Retail Consortium survey showed on Tuesday, but …
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said she believes the United States and China want to stabilize their economic ties with “candor” and “respect.” Yellen told American Public …
By Anant Chandak BENGALURU (Reuters) – The Bank of Korea (BOK) will keep its key policy rate unchanged at 3.50% on Thursday and for the rest of the year as …
By Ben Blanchard, Munsif Vengattil and Aditya Kalra TAIPEI/BENGALURU (Reuters) -Taiwan’s Foxconn has withdrawn from a $19.5 billion semiconductor joint venture with Indian metals-to-oil conglomerate Vedanta, it said on Monday, …
By David Shepardson ARLINGTON, Virginia (Reuters) -U.S. lawmakers are considering changes to address concerns about a bill that would give the Biden administration new powers to ban Chinese-owned TikTok, the …
By Carolina Mandl NEW YORK (Reuters) – Retail investors bought roughly $7 billion of equities last week, showing a near record appetite for shares since 2016, while U.S. hedge funds …
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended higher on Monday following last week’s losses, while Federal Reserve officials’ comments bolstered the view that the U.S. central bank …
(Reuters) -Uber Technologies Chief Financial Officer Nelson Chai is planning to leave the ride-hailing company, Bloomberg News reported on Monday, citing people familiar with the matter. Chai informed Uber CEO …
By Brendan Pierson (Reuters) – Lawyers for a California man who says he developed a rare cancer from exposure to asbestos in Johnson & Johnson’s talc-based baby powder on Monday …
NEW YORK (Reuters) – Global hedge funds posted gains of 2.2% in June, as artificial intelligence-related stocks surged and the banking crisis eased, data provider HFR said on Monday. In …
(Reuters) – Shares of Apple, Microsoft and other heavyweight companies dipped on Monday after Nasdaq Inc said it would rebalance its Nasdaq 100 index to address the benchmark’s “overconcentration.” Apple …
(Reuters) – Canadian discount store chain Dollarama said on Monday its chief financial officer, J.P. Towner, would step down in the coming months to pursue another career opportunity. He became …
By Katie Paul and Akash Sriram (Reuters) -Meta Platforms’ Twitter rival Threads crossed 100 million sign-ups within five days of launch, CEO Mark Zuckerberg said on Monday, dethroning ChatGPT as …
(Reuters) – The U.S. Department of Justice (DOJ) is nearing a decision on whether to challenge private equity firm Thoma Bravo’s $2.3 billion buyout deal for ForgeRock Inc, Politico reported …
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The shadow over Asian markets cast by China’s economic malaise …
By David Lawder WASHINGTON (Reuters) -The World Bank on Monday named 15 chief executive officers including financiers and asset managers to a group launched by the lender’s president, Ajay Banga, …
By Kanishka Singh WASHINGTON (Reuters) -The U.S. Justice Department on Monday sought to block a judge’s order that barred some federal agencies and officials from communicating with social media firms …
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors are piling into bullish options bets on the shares of Rivian Automotive, with some market participants saying the buying has helped …
By David Shepardson (Reuters) -The United Auto Workers union said on Monday it will open contract talks with Detroit’s Big Three automakers starting on Thursday, ahead of the mid-September expiration …