Breaking Business news from across New Jersey.
By Gayatri Suroyo and Fransiska Nangoy JAKARTA (Reuters) – Indonesia’s central bank kept its key interest rate unchanged on Thursday, pausing after six consecutive hikes and stressing that the current …
By Mathieu Rosemain PARIS (Reuters) -Orange on Thursday said it expects to bolster cash flows and increase shareholder returns by 2025 as the French telecoms company reaps the rewards of …
BENGALURU (Reuters) – Air India has options and purchase rights to buy 370 more aircraft from Airbus and Boeing over the next decade, an company executive said in a recent …
By Tom Sims and Marta Orosz FRANKFURT (Reuters) -Germany’s Commerzbank said on Thursday that net profit rose a better-than-expected 12% in the fourth quarter, helped by higher interest rates and …
(Corrects paragraph 1 to say sales in the period were at 103% of pre-pandemic levels, not rose 103%; changes headline to reflect) (Reuters) – Snack chain group SSP Group Plc …
COLOMBO (Reuters) -Sri Lanka raised electricity prices by 66% on Thursday, in a move the government hopes will persuade the International Monetary Fund to provide a bailout for its crisis …
AMSTERDAM (Reuters) – Amazon.com has granted 1.5 million euros ($1.6 million) to a Dutch project testing the viability of commercially growing seaweed in between turbines of offshore wind farms, the …
By Yantoultra Ngui and Anshuman Daga SINGAPORE (Reuters) – U.S. private equity firm TPG is in advanced talks to buy Malaysian private education assets owned by regional buyout firm KV …
(Reuters) – Most Asian bonds witnessed foreign inflows in January, driven by hopes that the U.S. Federal Reserve would slow down the pace of its monetary tightening as inflation worries …
By Byron Kaye SYDNEY (Reuters) – Payments giant PayPal Holdings Inc wants buy-now-pay-later (BNPL) loans subjected to consumer protection law, it said in a submission to the Australian government, adding …
MELBOURNE (Reuters) – Australian coal miners including Glencore must set aside thousands of tonnes of coal for use by domestic power generators for a period of 15 months under the …
By Jorgelina do Rosario LONDON (Reuters) – High gas prices and persistent inflation eroding real wages will limit growth in emerging Europe, central Asia and north Africa, the European Bank …
By Joe Cash BEIJING (Reuters) -Chinese authorities said on Thursday they will craft policies aimed at stimulating spending on housing and unlocking consumer savings that have built up during the …
By Jorgelina do Rosario LONDON (Reuters) – The potential economic effects of the earthquake in Turkey could result in a loss of up to 1% of the country’s gross domestic …
By Nick Carey and Christina Amann LONDON/BERLIN (Reuters) – Interest in using hydrogen fuel cells to power trucks and vans is getting a boost from fleet operators looking for a …
By Christoph Steitz and Ludwig Burger FRANKFURT (Reuters) – Activist investors are renewing their years-long efforts to break up some of Germany’s most venerable companies, seeing streamlining as a promising …
A look at the day ahead in European and global markets from Wayne Cole. Forget soft landing, equities seem to be betting on no landing for the U.S. economy: a …
BEIJING (Reuters) – China’s January air passenger traffic rose 34.8% from a year earlier, the aviation regulator said at a regular news conference on Thursday, after the country abandoned its …
By Aftab Ahmed and Christian Kraemer NEW DELHI (Reuters) – G20 finance and central bank chiefs meet in India next week at the first-year anniversary of Russia’s invasion of Ukraine …
By Melanie Burton and Jaskiran Singh MELBOURNE (Reuters) – Australia’s Whitehaven Coal Ltd posted a more than five-fold jump in first-half profit on Thursday, aided by soaring coal prices, but …
By David Shepardson WASHINGTON (Reuters) -Ford Motor Co on Wednesday said the suspension of production of its F-150 Lightning electric vehicle (EV) will last until at least the end of …
(Corrects to remove repeated quote in paragraph 6) (Reuters) – A Senate committee on Wednesday called for greater parliamentary oversight of the Bank of Canada and more transparency from the …
BEIJING (Reuters) -China’s new home prices rose in January for the first time in a year, official data showed on Thursday, as the end of the zero-COVID regime, favourable property …
By Stella Qiu SYDNEY (Reuters) -Australia employment surprised in January by falling for a second straight month while the jobless rate jumped to its highest since last May, a soft …
By Tetsushi Kajimoto TOKYO (Reuters) – Growth in Japan’s merchandise exports slowed sharply in January amid weakening Chinese demand for cars and chipmaking machinery, stoking concern about a global slowdown …