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Category:

Business News

Breaking Business news from across New Jersey.

  • Business News

    European privacy watchdog creates ChatGPT task force

    by Reuters April 13, 2023
    by Reuters April 13, 2023

    By Toby Sterling BRUSSELS (Reuters) -The body that unites Europe’s national privacy watchdogs said on Thursday it had set up a task force on ChatGPT, a potentially important first step …

  • Business News

    New BOJ chief Ueda sticks to upbeat view on wages, global economy

    by Reuters April 13, 2023
    by Reuters April 13, 2023

    By Leika Kihara WASHINGTON (Reuters) -Bank of Japan Governor Kazuo Ueda said he expects the global economy to rebound after a period of slowdown which will help keep domestic wages …

  • Business News

    Australia signs land deal for proposed battery material plant

    by Reuters April 13, 2023
    by Reuters April 13, 2023

    SYDNEY (Reuters) – The state of Western Australia will allocate land to a battery metal processing facility proposed by IGO Ltd and Wyloo Metals, which is backed by billionaire Andrew …

  • Business News

    Japan, India and France announce common platform for Sri Lanka creditors

    by Reuters April 13, 2023
    by Reuters April 13, 2023

    By Leika Kihara and Jorgelina do Rosario WASHINGTON (Reuters) -Japan, India and France on Thursday announced a common platform for talks among bilateral creditors to coordinate restructuring of Sri Lanka’s …

  • Business News

    Marketmind: Soft landing hopes fuel that Friday feeling

    by Reuters April 13, 2023
    by Reuters April 13, 2023

    By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian markets are poised to end the week on a positive note, spurred …

  • Business News

    U.S., UK, EU officials met with financial firms on Russian sanctions evasion

    by Reuters April 13, 2023
    by Reuters April 13, 2023

    By Andrea Shalal and David Lawder WASHINGTON (Reuters) – Senior officials from the United States, Europe and Britain met on Thursday with financial institutions to brief them on efforts by …

  • Business News

    IMF’s Georgieva sees risk of supply chain security leading to new Cold War

    by Reuters April 13, 2023
    by Reuters April 13, 2023

    By Andrea Shalal and David Lawder WASHINGTON (Reuters) -International Monetary Fund Managing Director Kristalina Georgieva on Thursday warned policymakers against the danger of a new Cold War as they ramp …

  • Business News

    IMF says has not received request from Tunisia to re-examine reforms

    by Reuters April 13, 2023
    by Reuters April 13, 2023

    WASHINGTON (Reuters) – The International Monetary Fund said on Thursday it had not received any request from Tunisia to re-evaluate loan conditions while also denying it had imposed ‘diktats’ on …

  • Business News

    IMF says yet to agree date with Egypt for programme review

    by Reuters April 13, 2023
    by Reuters April 13, 2023

    CAIRO (Reuters) -Egypt and the International Monetary Fund have yet to agree on a date for the initial review under a $3 billion financial package signed in December, an IMF …

  • Business News

    Exclusive-Ethiopia seeking $2 billion under IMF program, sources say

    by Reuters April 13, 2023
    by Reuters April 13, 2023

    By Jorgelina do Rosario WASHINGTON (Reuters) – Ethiopia is in talks with the International Monetary Fund (IMF) to borrow at least $2 billion under a reform program, four sources familiar …

  • Business News

    Twitter to let users offer content subscriptions in monetization push

    by Reuters April 13, 2023
    by Reuters April 13, 2023

    (Reuters) -Twitter-owner Elon Musk said on Thursday users of the social media platform will be able to offer their followers subscriptions to content, including long-form text and hours-long video. Users …

  • Business News

    South Africa targets $111 billion investment goal in tough investor climate

    by Reuters April 13, 2023
    by Reuters April 13, 2023

    By Kopano Gumbi and Tannur Anders JOHANNESBURG (Reuters) -South Africa needs to urgently fix energy, transport and security challenges if it is to reverse souring investor sentiment, executives said on …

  • Business News

    Google must face trial over Sonos patents, California judge says

    by Reuters April 13, 2023
    by Reuters April 13, 2023

    By Blake Brittain (Reuters) – Alphabet’s Google received a mixed ruling on Thursday from a San Francisco federal judge in a patent lawsuit brought by Sonos Inc over wireless audio …

  • Business News

    Wall St rallies to higher close as inflation data feeds Fed pause hopes

    by Reuters April 13, 2023
    by Reuters April 13, 2023

    By Stephen Culp NEW YORK (Reuters) – U.S. stocks ended sharply higher on Thursday as economic data showed cooling inflation and a loosening labor market, fueling optimism that the Federal …

  • Business News

    Faraday Future pushes back EV deliveries, looking for cash

    by Reuters April 13, 2023
    by Reuters April 13, 2023

    SAN FRANCISCO (Reuters) – Electric vehicle (EV) startup Faraday Future Intelligent Electric on Thursday pushed back initial deliveries of its flagship FF 91 Futurist by another two months, saying they …

  • Business News

    US aviation authorities may delay some space launches to avoid air traffic disruption

    by Reuters April 13, 2023
    by Reuters April 13, 2023

    By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) said Thursday it may delay some space launches to minimize disruption to commercial air travel and provide “equitable” access …

  • Business News

    BlackRock sells asset-backed bonds from Credit Suisse’s books- Bloomberg News

    by Reuters April 13, 2023
    by Reuters April 13, 2023

    (Reuters) -Credit Suisse Group AG has hired BlackRock Inc to help sell a portfolio of structured bonds for the Swiss bank, Bloomberg News reported on Thursday. BlackRock’s Financial Markets Advisory …

  • Business News

    Analysis-Twitter’s advertising business seen facing slow recovery

    by Reuters April 13, 2023
    by Reuters April 13, 2023

    By Sheila Dang (Reuters) – Twitter-owner Elon Musk has said advertisers are returning to the social media platform, but statements from several companies and data from research firms suggest a …

  • Business News

    IMF working closely with Suriname authorities, looks for progress in China talks

    by Reuters April 13, 2023
    by Reuters April 13, 2023

    By Jorgelina do Rosario and Rodrigo Campos (Reuters) – The International Monetary Fund is working closely with Suriname authorities to bring their financing program back, while looking for progress in …

  • Business News

    China’s largest trade fair to re-open in full glory but mood could be sombre

    by Reuters April 13, 2023
    by Reuters April 13, 2023

    By David Kirton and Ellen Zhang SHENZHEN, China (Reuters) – China’s largest trade expo, the sprawling Canton Fair, will be welcoming overseas attendees in person for the first time in …

  • Business News

    Amazon shareholder proposals hit record for 2nd straight year

    by Reuters April 13, 2023
    by Reuters April 13, 2023

    By Arriana McLymore NEW YORK (Reuters) -Amazon.com Inc faces 18 shareholder proposals, beating its 2022 record of 15, as environmental, social and governance (ESG)-focused investors push for more changes in …

  • Business News

    World Bank’s new boss must push ahead on reforms, fight poverty-French minister

    by Reuters April 13, 2023
    by Reuters April 13, 2023

    By David Lawder WASHINGTON (Reuters) – France’s development minister said on Thursday she will tell the World Bank’s expected next president, Ajay Banga, to maintain the bank’s anti-poverty mission while …

  • Business News

    US says Photoshop maker Adobe to pay $3 million to settle kickback allegations

    by Reuters April 13, 2023
    by Reuters April 13, 2023

    By Kanishka Singh WASHINGTON (Reuters) -Photoshop maker Adobe Inc has agreed to pay $3 million to settle U.S. kickback allegations involving federal software sales, the U.S. Justice Department said in …

  • Business News

    Fed lending to banks still high, but eases in latest week

    by Reuters April 13, 2023
    by Reuters April 13, 2023

    By Michael S. Derby (Reuters) – Federal Reserve lending to banks eased further in the latest week, signaling that while the absolute levels of emergency credit remain high, financial sector …

  • Business News

    BBVA, Santander, BofA want to back Mexico’s $6 billion power deal – Bloomberg News

    by Reuters April 13, 2023
    by Reuters April 13, 2023

    (Reuters) – Banco Bilbao Vizcaya Argentaria, Banco Santander SA and Bank of America Corp together plan to fund Mexico’s $6 billion deal to purchase power plants from Spain’s Iberdrola, Bloomberg …

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