Breaking Business news from across New Jersey.
By Felix Onuah ABUJA (Reuters) -Nigerian President Muhammadu Buhari has directed the central bank to increase the amount of foreign currency allocated to Dubai’s Emirates, after the airline suspended flights …
By Huw Jones LONDON (Reuters) -Britain on Tuesday set out draft legislation to regulate “buy now pay later” (BNPL) credit, saying the sector posed potential harm to consumers without thorough …
By Huw Jones LONDON (Reuters) -Partners in EY are expected to give approval for spinning off the company’s consulting arm and listing it on the stock market by the end …
By Yousef Saba DUBAI (Reuters) – The World Bank is particularly concerned in the Middle East and North Africa region about Lebanon and Tunisia and, to a lesser extent, Egypt …
BRUSSELS/FRANKFURT (Reuters) -Euro zone employment surged more than expected to a new record high last quarter as a surprisingly resilient economy avoided a recession, pointing to greater underlying inflation pressures …
By Arathy Somasekhar HOUSTON (Reuters) – A rout in natural gas prices will hurt first-quarter earnings and cash flows at gas producers as hedges – the industry’s version of price …
(Reuters) – U.S. defense contractor Leidos Holdings Inc forecast lower-than-expected 2023 profit as the industry struggles with labor shortages, higher costs and lingering supply chain bottlenecks. The Reston, Virginia-based company …
TOKYO (Reuters) – Shoichiro Toyoda, the son of Toyota Motor Corp founder and father of current chief executive Akio Toyoda, died on Tuesday of heart failure, the company said. He …
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Some of Wall Street’s most speculative names, including meme stocks and shares of artificial intelligence companies, are leading the equity market rally …
A look at the day ahead in U.S. and global markets from Mike Dolan. With markets wary of just how much tough love the Federal Reserve will have to show …
SEOUL (Reuters) – Samsung Electronics plans to borrow 20 trillion won ($15.78 billion) from unit Samsung Display to use as operational funds, the tech giant said in a regulatory filing …
By Medha Singh (Reuters) – It’s alive! The NFT market is twitching out of its torpor, defying reports of its demise. Total NFT sales on the ethereum blockchain – which …
BANGKOK (Reuters) – Thailand’s central bank said it wants to see household debt levels below 80% of gross domestic product (GDP) to help reduce economic and financial risks, an official …
WASHINGTON (Reuters) – U.S. small-business confidence improved in January as worries about inflation eased, but labor shortages remained a major concern for many owners, according to a survey on Tuesday. …
PARIS (Reuters) – French wine and spirit exports rose 11% last year to hit a new record, mainly boosted by a rise in prices, and the trend should last this …
By Joanna Plucinska LONDON (Reuters) -Holiday group TUI said on Tuesday it was seeing encouraging booking trends for summer and next winter as customers return following a pandemic hiatus. Some …
By Xinghui Kok and Chen Lin SINGAPORE (Reuters) – Singapore announced on Tuesday narrower fiscal deficits in a budget aimed at helping households manage the rising cost of living while …
By Radhika Anilkumar (Reuters) -Coca-Cola HBC AG on Tuesday reported better-than-expected full-year operating profit and said it will increase prices this year to tackle an increase in costs. Energy and …
By Makiko Yamazaki and Mayu Sakoda TOKYO (Reuters) -Japan’s Toshiba Corp cut its annual earnings estimate after third-quarter profit slumped and its chief operating officer resigned over the inappropriate use …
By Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) – U.S. firm Epic Games is challenging Google in an Indian tribunal for not complying with some portions of an antitrust …
By Sudipto Ganguly MUMBAI (Reuters) -Indian Prime Minister Narendra Modi’s party has “nothing to hide or be afraid of” on the controversy over Adani group, the home minister said on …
BENGALURU (Reuters) -India’s Adani Enterprises reported a swing to third-quarter profit on Tuesday from a loss a year earlier, and said it had made no “material financial adjustments” in the …
By John O’Donnell and Simon Jessop BERLIN/LONDON (Reuters) -A Russian scheme to grant loan payment holidays to troops fighting in Ukraine, and for banks to write off the entire debt …
By William Schomberg and Sachin Ravikumar LONDON (Reuters) -Basic pay in Britain grew more quickly again in the last three months of 2022, underscoring the Bank of England’s worries about …
By Anshuman Daga and Yantoultra Ngui SINGAPORE (Reuters) -Singapore sovereign wealth fund GIC said it continues to scout for long-term investment opportunities in China, looking at a wide range of …