Breaking Business news from across New Jersey.
(Reuters) – Manufacturing activity in the Mid-Atlantic region dropped off sharply and unexpectedly in February, and goods producers reported input cost increases accelerated for the first time in 10 months …
By Belén Carreño MADRID (Reuters) -Spain’s exports grew 23% in 2022 to a record 389 billion euros ($416.50 billion), though the increase did not prevent the trade deficit from doubling …
WASHINGTON (Reuters) – U.S. single-family homebuilding fell in January, but an easing in mortgage rates and improvement in homebuilder confidence suggested the recession-hit housing market was close to finding a …
By Nikunj Ohri NEW DELHI (Reuters) – The Indian federal government is planning to widen its goods and services tax (GST) by tapping a section of mom-and-pop stores, a top …
LONDON (Reuters) – Bitcoin touched a six-month high on Thursday, swept higher with equities and other relatively risky assets as investors gained confidence in the economic outlook and dismissed concern …
By Nick Carey LONDON (Reuters) – A broad coalition of insurers, leasing companies, car repair shops and others are calling on the European Commission to propose rules for fair access …
By Kiyoshi Takenaka and Mayu Sakoda TOKYO (Reuters) – Sony Group Corp’s semiconductor division will likely see a limited impact from chip export curbs to China by the United States, …
By Mathieu Rosemain and Tassilo Hummel PARIS (Reuters) -Airbus, the world’s largest planemaker, is seeking to become the No. 1 investor in Atos’ soon-to-be spun-off division Evidian, France’s beleaguered IT …
By Nell Mackenzie LONDON (Reuters) – Hedge funds, pinning little hope on central banks’ attempts to cool inflation, are spotting ways to profit from climbing interest rates. Data this week …
(Reuters) – Streaming device maker Roku Inc is aiming to turn a profit in 2024 as it strives to drastically cut costs to ride out a weakness in the ad …
By Leah Douglas (Reuters) -Low-income Americans will soon receive less in food assistance or completely lose their eligibility for the benefits, as the federal government ends policies adopted at the …
BRASILIA (Reuters) – Brazil’s economic activity increased by 2.9% in 2022, according to a central bank index released on Thursday, boosted by the services sector and defying earlier predictions of …
BERLIN (Reuters) – Lufthansa plans to cancel 34,000 flights in the summer half-year, German business weekly WirtschaftsWoche said on Thursday, adding the number could increase as cancellations at its Eurowings …
By Balazs Koranyi FRANKFURT (Reuters) – A year ago the European Central Bank struggled to explain why it was not lifting interest rates even as inflation rose. This year it …
By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) -Financial markets will get a first glimpse of the new-look Bank of Japan (BOJ) when Kazuo Ueda, the government’s nominee to become …
By Stefano Bernabei ROME (Reuters) – Italy’s 10-year government bond yield is forecast to average about 5% next year, close to its 2012 level during a dangerous debt crisis. Yet …
LONDON (Reuters) – Direct costs from the destruction of physical structures in Turkey from the devastating earthquake on Feb. 6 could amount to 2.5% of growth domestic product or $25 …
By Steven Scheer TEL AVIV (Reuters) – Israel’s economy grew 6.5% in 2022 – slower than 2021’s 8.6% expansion but still much stronger than most Western countries – the Central …
NEW YORK (Reuters) – U.S. President Joe Biden is at odds with Republicans in Congress over raising the $31.4 trillion debt ceiling, a showdown that looms as a risk factor …
A look at the day ahead in U.S. and global markets from Mike Dolan. If U.S. consumers are the significant engine of global growth, then their roaring start to this …
By Dominique Vidalon PARIS (Reuters) -Pernod Ricard on Thursday said it planned more price increases in the second half of the year in China and the United States to protect …
By Scott Murdoch and Rodrigo Campos (Reuters) -Index provider MSCI said on Wednesday it will postpone implementation of updates to weightings for two of India’s Adani Group companies, Adani Total …
SHANGHAI (Reuters) – Tesla plans to slow production at its Shanghai plant in the last week of February to prepare for building a revamped version of its Model 3 sedan, …
By Rae Wee SINGAPORE (Reuters) – The world’s biggest factory and most populous nation has opened for business after three years, leading to a surge in demand as well as …
By Anshuman Daga and Lawrence White SINGAPORE/LONDON (Reuters) -Standard Chartered raised its performance goals, unveiled a new $1 billion share buyback and produced a 28% rise in annual profit as …