Breaking Business news from across New Jersey.
By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka is asking international bondholders to take a 30% haircut and is seeking similar concessions from investors in its domestic dollar-denominated notes as it …
By Marie Mannes STOCKHOLM (Reuters) -Fashion retailer H&M’s shares jumped more than 17% on Thursday after its second-quarter profit beat estimates as cost-cutting measures started to bear fruit and its …
By Leika Kihara and Takahiko Wada TOKYO (Reuters) – Bank of Japan Deputy Governor Ryozo Himino said the country’s banking sector remains sound and has sufficient buffers to weather any …
By Leika Kihara and Takahiko Wada TOKYO (Reuters) – Bank of Japan (BOJ) Deputy Governor Ryozo Himino said recent price rises were stronger than previously projected and inflation expectations were …
WASHINGTON (Reuters) – U.S. President Joe Biden’s chief economic adviser on Thursday expressed confidence that inflation would continue to improve in the second half of the year, and said it …
By Fergal Smith and Steve Scherer TORONTO (Reuters) – The Bank of Canada’s move to come off the sidelines after a five-month pause has sent a signal that some economic …
(Reuters) -Pot producer Canopy Growth said on Thursday it has completed the sale of its facility in Modesto, California as part of its divestitures to raise funding amid liquidity concerns. …
(Reuters) – Social media company Snap Inc said on Thursday its subscription service, Snapchat+, hit 4 million members since its launch last year in June. Snapchat+ gives subscribers access to …
By Foo Yun Chee BRUSSELS (Reuters) -Apple will on Friday seek to fend off a revised EU antitrust charge and possible hefty fine linked to claims it prevents music streaming …
LONDON (Reuters) – Microsoft’s appeal against Britain’s veto of its $69 billion deal to buy Activision Blizzard will go ahead as planned at the end of July after the Competition …
(Reuters) – The number of German firms pushed into insolvency rose in the first half of this year at the fastest pace in more than two decades due to the …
WASHINGTON (Reuters) – Contracts to buy U.S. previously owned homes fell more than expected in May, dropping to the lowest level in five months as a chronic shortage of houses …
(Reuters) -Authentic Brands Group has raised $500 million from its existing investor General Atlantic, bringing the private equity firm’s investment in the apparel chain operator to nearly $2 billion. The …
LONDON (Reuters) -The Bank of England on Thursday proposed further reforms to capital rules for insurers in a step it said would cut red tape without lowering solvency standards. The …
By Padraic Halpin DUBLIN (Reuters) -The Federal Reserve will have to increase rates if prices growth moves away from target or inflation expectations start to move in “a difficult way”, …
By Maria Martinez BERLIN (Reuters) -German inflation rose more than expected in June, interrupting a steady decline since the start of the year in what analysts say was just a …
By Joe Cash BEIJING (Reuters) – The value of Chinese debt relief decreased by over 50% between 2021 and 2022, a report from Rhodium Group showed, with Angola alone receiving …
BRICK TOWNSHIP, NJ – For a delightful shopping experience filled with a diverse array of goods, make your way to the Brick Farmers Market. From May 6 to September 30, …
RED BANK, NJ – Red Bank, a charming town in New Jersey, boasts a one-of-a-kind attraction known as the Broadwalk. During the summer months, the bustling Broad Street undergoes a …
SAO PAULO (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Thursday the country’s inflation targets were excessively rigid and renewed criticism of the central bank for high …
FRANKFURT (Reuters) – German regulators have told Binance they will not grant it a cryptocurrency custody licence, a person with direct knowledge of the matter said on Thursday, the latest …
STOCKHOLM (Reuters) – H&M plans to sell more third-party brands online and in stores, CEO Helena Helmersson said on Thursday, as one of the world’s top fashion retailers ramps up …
(Reuters) – Eli Lilly and Co said on Thursday it will acquire all the shares of Sigilon Therapeutics that it did not own to gain access to experimental cell therapies …
By Duncan Miriri and Marc Jones NAIROBI/LONDON (Reuters) – As Pakistan spiralled into crisis this year, Wilson Muthaura pressed its government to put the tea Kenya’s KTDA co-operative produces 3,400 …
BEIJING (Reuters) – China plans to take measures to promote household consumption, state media reported on Thursday, citing discussions at a cabinet meeting chaired by Premier Li Qiang, amid concerns …