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Category:

Business News

Breaking Business news from across New Jersey.

  • Business News

    Pakistan’s parliament approves revised budget to clinch IMF deal

    by Reuters June 25, 2023
    by Reuters June 25, 2023

    By Asif Shahzad ISLAMABAD (Reuters) – Pakistan’s parliament on Sunday approved the government’s 2023-24 budget which was revised to meet International Monetary Fund conditions in a last ditch effort to …

  • Business News

    Thai rates still low, tightening to be gradual, says central bank official

    by Reuters June 25, 2023
    by Reuters June 25, 2023

    BANGKOK (Reuters) – Thailand’s policy interest rate remains low and further tightening will be gradual to curb inflation risks as the economy continues to recover, a deputy central bank governor …

  • Breaking NewsBusiness NewsCommunity NewsFeatured NewsJackson Township News

    Another business is being Pushed out of Jackson Crossing

    by Phil Stilton June 25, 2023
    by Phil Stilton June 25, 2023

    JACKSON TOWNSHIP, NJ – When the previous owner of Jackson Crossing was trying to flip his successful property during the COVID-19 pandemic, he was seeking suitors who would cater to …

  • Business News

    Hong Kong to fine-tune mortgage limits for first-time homebuyers

    by Reuters June 25, 2023
    by Reuters June 25, 2023

    HONG KONG (Reuters) – Hong Kong plans to “fine-tune” the maximum size of mortgages available to first-time homebuyers, Financial Secretary Paul Chan said in a radio interview on Sunday. Chan …

  • Business News

    PwC Australia to sell government business for A$1, appoint new CEO

    by Reuters June 25, 2023
    by Reuters June 25, 2023

    By Lewis Jackson SYDNEY (Reuters) -PwC Australia on Sunday entered an exclusivity agreement with private equity firm Allegro Funds to sell its government practice for A$1 as it brought in …

  • Business News

    Russia turmoil to fuel market volatility, flight to safety

    by Reuters June 24, 2023
    by Reuters June 24, 2023

    (Reuters) – Heavily armed Russian mercenaries who advanced most of the way to Moscow began turning back on Saturday, de-escalating a major challenge to President Vladimir Putin’s grip on power, …

  • Business News

    FTX sues ex-Clinton aide’s investment firm for $700 million

    by Reuters June 24, 2023
    by Reuters June 24, 2023

    (This June 22 story has been corrected to fix the amount of museum donations to be returned to $550,000, not $550 million, in paragraph 13) By Dietrich Knauth NEW YORK …

  • Business News

    Factbox-Russia’s Rostov, seized by rebels, is important commodity hub

    by Reuters June 24, 2023
    by Reuters June 24, 2023

    By Polina Devitt and Dmitry Zhdannikov LONDON (Reuters) – Following are facts about oil, gas and grains flows in Russia’s southern region of Rostov, where the capital Rostov-on-Don was seized …

  • Business News

    US opens probe into Ford Explorer recalls over power loss reports

    by Reuters June 24, 2023
    by Reuters June 24, 2023

    By David Shepardson WASHINGTON (Reuters) -U.S. auto safety regulators said on Saturday they are investigating Ford Motor’s prior recalls of 710,000 Explorer SUVs over power loss reports to determine if …

  • Business News

    Brazil’s Lula calls for ‘common sense’ negotiations on EU-Mercosur trade pact

    by Reuters June 24, 2023
    by Reuters June 24, 2023

    (Reuters) – Brazilian President Luiz Inacio Lula da Silva on Saturday urged the European Union and the Mercosur to set aside arrogance and negotiate the long-awaited trade agreement between the …

  • Business News

    Pakistan changes FY2024 budget as dictated by IMF to clinch stalled funds

    by Reuters June 24, 2023
    by Reuters June 24, 2023

    By Asif Shahzad ISLAMABAD (Reuters) -Pakistan has changed its budget for the financial year starting on July 1, Finance Minister Ishaq Dar said on Saturday, including the latest fiscal tightening …

  • Breaking NewsBusiness NewsFeatured NewsFood & DiningJersey Shore NewsOcean County NewsToms River News

    Burger 25 is still the best place for a shake in Toms River

    by Charlie Dwyer June 24, 2023
    by Charlie Dwyer June 24, 2023

    TOMS RIVER, NJ – While the media focuses on the allure of something shiny and new, we learned last night that the best place for a shake in Toms River …

  • Breaking NewsBusiness NewsCommunity NewsEntertainment NewsFeatured NewsJersey Shore NewsTravel

    Indoor waterpark about to open on the Atlantic City boardwalk

    by Jessica Woods June 24, 2023
    by Jessica Woods June 24, 2023

    ATLANTIC CITY, NJ – A new era is about to dawn upon the iconic Atlantic City Boardwalk as Island Waterpark at The Showboat Resort prepares to make its debut on …

  • Business News

    Exclusive-Nissan investigates claims CEO put deputy under surveillance

    by Reuters June 24, 2023
    by Reuters June 24, 2023

    By Daniel Leussink, Norihiko Shirouzu and Maki Shiraki TOKYO (Reuters) – Nissan has launched an investigation into claims by a senior adviser that Chief Executive Makoto Uchida carried out surveillance …

  • Business News

    Vietnam to extend VAT cut until year-end to prop up slowing economy

    by Reuters June 24, 2023
    by Reuters June 24, 2023

    HANOI (Reuters) – Vietnamese lawmakers on Saturday approved a government plan to extend a reduction in value added tax (VAT) on goods and services until the end of this year …

  • Business News

    Aramco, TotalEnergies sign $11 billion contract to build petrochemicals complex in Saudi Arabia

    by Reuters June 24, 2023
    by Reuters June 24, 2023

    (Reuters) – Saudi Arabian Oil Company (Aramco) and TotalEnergies have signed an $11 billion contract to start building a new petrochemicals complex in Saudi Arabia, the two companies said in …

  • Business News

    Japan’s SBI Holdings raises stake in Shinsei Bank after tender offer

    by Reuters June 24, 2023
    by Reuters June 24, 2023

    By Satoshi Sugiyama and Makiko Yamazaki TOKYO (Reuters) -Japanese online financial conglomerate SBI Holdings Inc said on Saturday it has raised its stake in SBI Shinsei Bank to 53.74% by …

  • Business News

    ECB’s Makhlouf undecided about rate rise beyond July

    by Reuters June 24, 2023
    by Reuters June 24, 2023

    DUBLIN (Reuters) – European Central Bank governing council member Gabriel Makhlouf said on Saturday that while some colleagues already feel further interest rate rises will be needed beyond July, he …

  • Business News

    IBM nears $5 billion deal for software provider Apptio – WSJ

    by Reuters June 23, 2023
    by Reuters June 23, 2023

    (Reuters) -IBM is nearing a deal to acquire software company Apptio for about $5 billion, the Wall Street Journal reported on Friday, citing people familiar with the matter. A deal …

  • Business News

    EU, Meta agree to July stress test on EU online content rules

    by Reuters June 23, 2023
    by Reuters June 23, 2023

    (Reuters) – Meta and the European Union (EU) have agreed on a stress test in July on the EU’s online content rules, following EU industry chief Thierry Breton’s demand that …

  • Business News

    Panama Canal postpones depth restrictions after much-needed rain

    by Reuters June 23, 2023
    by Reuters June 23, 2023

    By Elida Moreno PANAMA CITY (Reuters) – The Panama Canal will postpone depth restrictions that were set to affect the largest ships crossing the key waterway, the canal authority said, …

  • Business News

    World Bank approves $700 million for Mexico to boost women’s economic opportunities

    by Reuters June 23, 2023
    by Reuters June 23, 2023

    MEXICO CITY (Reuters) – The World Bank said it had approved on Friday a $700 million operation for Mexico to promote public policies to create economic opportunities and expand social …

  • Business News

    MOVEit hack claims Calpers and Genworth as millions more victims impacted

    by Reuters June 23, 2023
    by Reuters June 23, 2023

    (Reuters) -The number of victims of the MOVEit hack grew by several million on Thursday after the biggest U.S. pension fund, Calpers, and insurer Genworth Financial said personal information of …

  • Business News

    JPMorgan cuts nearly 40 investment bankers in US – source

    by Reuters June 23, 2023
    by Reuters June 23, 2023

    By Nupur Anand NEW YORK (Reuters) – JPMorgan Chase & Co is cutting nearly 40 investment bankers in the U.S., a source with knowledge of the matter said. The reductions …

  • Business News

    Hermes wins permanent ban on ‘MetaBirkin’ NFT sales in US lawsuit

    by Reuters June 23, 2023
    by Reuters June 23, 2023

    By Blake Brittain (Reuters) – A Manhattan federal judge on Friday granted Hermes’ request to permanently block artist Mason Rothschild’s sales of “MetaBirkin” non-fungible tokens following a jury’s verdict that …

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