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Category:

Business News

Breaking Business news from across New Jersey.

  • Business News

    Advisory firm Innisfree sues Musk’s Twitter for $1.9 million in unpaid bills

    by Reuters February 6, 2023
    by Reuters February 6, 2023

    (Reuters) – U.S.-based advisory firm Innisfree M&A Incorporated sued Twitter on Friday in New York State Supreme Court, seeking about $1.9 million for what it says are unpaid bills after …

  • Business News

    Czech car producers power industrial growth in 2022 to pre-pandemic levels

    by Reuters February 6, 2023
    by Reuters February 6, 2023

    PRAGUE (Reuters) – Czech industrial output returned to pre-pandemic levels in 2022, growing 1.7%, data showed, mainly due to car production, which is likely to struggle this year from supply-chain …

  • Business News

    India’s Adani to prepay $1.11 billion loans on shares, denies report on capex cut

    by Reuters February 6, 2023
    by Reuters February 6, 2023

    (Reuters) -India’s Adani Group on Monday said shares related to some group companies will be released following the pre-payment of $1.11 billion of loans ahead of their maturity in 2024 …

  • Business News

    New look CBDCs and cryptomarket to emerge from turmoil, top BIS official says

    by Reuters February 6, 2023
    by Reuters February 6, 2023

    By Marc Jones LONDON (Reuters) – Cryptomarkets have not been killed off by last year’s turmoil, while the new wave of central bank digital currencies will face geopolitical limits, the …

  • Business News

    Euro zone investor morale rises for fourth month in a row

    by Reuters February 6, 2023
    by Reuters February 6, 2023

    BERLIN (Reuters) – Investor morale in the euro zone improved for the fourth month in a row in February to reach its highest level since March 2022, but remained in …

  • Business News

    UK construction slips to near 3-year low but confidence rises – PMI

    by Reuters February 6, 2023
    by Reuters February 6, 2023

    By William Schomberg LONDON (Reuters) – Britain’s construction sector had its worst month in almost three years in January as rising borrowing costs hit house-building hard but builders turned more …

  • Business News

    Factbox: Renault, Nissan detail joint projects to revive alliance

    by Reuters February 6, 2023
    by Reuters February 6, 2023

    LONDON (Reuters) – Nissan and Renault on Monday unveiled details of their redesigned alliance, with the Japanese car maker committing to buy a stake of up to 15% in Renault’s …

  • Business News

    Japan’s government has sounded out Amamiya about becoming BOJ governor – Nikkei

    by Reuters February 6, 2023
    by Reuters February 6, 2023

    By Daniel Leussink and Leika Kihara TOKYO (Reuters) -Japan’s government has sounded out Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya to succeed incumbent Haruhiko Kuroda as central bank governor, …

  • Business News

    German industrial orders beat expectations in December

    by Reuters February 6, 2023
    by Reuters February 6, 2023

    BERLIN (Reuters) -German industrial orders rose in December, beating forecasts and posting the biggest increase in more than a year thanks to strong domestic and eurozone demand. New orders increased …

  • Business News

    ECB policymakers converging on end-point for rate hikes

    by Reuters February 6, 2023
    by Reuters February 6, 2023

    By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank’s tough talk on Thursday may not have convinced investors hoping for an early end to rate hikes, but …

  • Business News

    India’s central bank widely seen delivering final 25 bps hike

    by Reuters February 6, 2023
    by Reuters February 6, 2023

    By Swati Bhat MUMBAI (Reuters) – India’s central bank is widely expected to raise its policy interest rate by a quarter percentage point to mark its final increase in the …

  • Business News

    U.S. investor Sixth Street prepares bid for minority stake in Germany’s football league – FT

    by Reuters February 6, 2023
    by Reuters February 6, 2023

    (Reuters) – U.S. investor Sixth Street is among the firms preparing a bid for a part of the media and commercial rights to Germany’s football league, the Financial Times reported …

  • Business News

    Indonesia 2022 GDP growth races to 9-year high on commodities boom

    by Reuters February 6, 2023
    by Reuters February 6, 2023

    By Stefanno Sulaiman and Fransiska Nangoy JAKARTA (Reuters) -Indonesia’s economic growth climbed to its strongest in nine years last year fuelled by revived spending from the lifting of pandemic restrictions …

  • Business News

    Nissan board also approved planned restructuring deal with Renault – source

    by Reuters February 6, 2023
    by Reuters February 6, 2023

    PARIS (Reuters) – The board of Nissan has also voted in favour of reshaping its alliance with French carmaker Renault, a source said on Monday. The agreement, which will retool …

  • Business News

    Analysis-Dollar’s gyrations raise hedging costs for U.S. companies

    by Reuters February 6, 2023
    by Reuters February 6, 2023

    By Laura Matthews NEW YORK (Reuters) – Wild swings in global currencies hammered corporate earnings in the past year, and while forex markets have gotten less choppy, some companies are …

  • Business News

    Marketmind: Hot air

    by Reuters February 6, 2023
    by Reuters February 6, 2023

    A look at the day ahead in European and global markets from Anshuman Daga Last week, the Federal Reserve and the European Central Bank raised interest rates as expected and …

  • Business News

    Major central banks rekindle rate hike push after dry January

    by Reuters February 6, 2023
    by Reuters February 6, 2023

    By Karin Strohecker and Vincent Flasseur LONDON (Reuters) -Major central bank interest rates moves were off to a tepid start in January with a single hike by Canada but the …

  • Business News

    Thai inflation below forecast in Jan, seen slowing further

    by Reuters February 6, 2023
    by Reuters February 6, 2023

    By Satawasin Sta[censored]charnchai BANGKOK (Reuters) – Thailand’s headline inflation cooled to its lowest rate in nine months and came in below analyst forecasts, helped by easing energy and food prices, …

  • Breaking NewsBusiness NewsCommunity NewsJackson Township NewsNew Jersey NewsOcean County News

    New bagel shop opens in Jackson’s Liberty Commons plaza

    by Phil Stilton February 6, 2023
    by Phil Stilton February 6, 2023

    JACKSON TOWNSHIP, NJ – Good bagels are hard to come by on the eastern edge of Jackson, but that’s changing. A gourmet bagel shop called Rosemary Baglery has opened its …

  • Business News

    South Korea, Australia central banks renew currency swap agreement

    by Reuters February 6, 2023
    by Reuters February 6, 2023

    SEOUL (Reuters) – South Korea’s central bank said it renewed on Monday a currency swap agreement with its Australian counterpart, valued at 9.6 trillion won or A$12 billion, for five …

  • Business News

    Taiwan exports seen contracting for fifth straight month in January: Reuters poll

    by Reuters February 5, 2023
    by Reuters February 5, 2023

    TAIPEI (Reuters) – Taiwan’s exports in January likely fell for the fifth month in a row amid fears of a global recession, uncertainties due to the war in Ukraine, and …

  • Business News

    Retailers offering discounts on high-end iPhones in China

    by Reuters February 5, 2023
    by Reuters February 5, 2023

    SHANGHAI (Reuters) – Third party retailers in China are offering discounts of as much as 10% on Apple Inc’s iPhone 14 Pro amid sluggish demand for smartphones. Electronics vendors JD.Com …

  • Business News

    Kuroda defends BOJ’s current stimulus as best way to hit inflation target

    by Reuters February 5, 2023
    by Reuters February 5, 2023

    TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda on Monday defended his decade-long stimulus programme, saying there was “no better way” to aim at sustainably achieving its 2% inflation …

  • Business News

    Marketmind: U.S.-China crisis?

    by Reuters February 5, 2023
    by Reuters February 5, 2023

    By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Traders in Asia can expect a choppy start to the week as they …

  • Business News

    Corporate financial health to worsen, says Janus Henderson

    by Reuters February 5, 2023
    by Reuters February 5, 2023

    By Chiara Elisei LONDON (Reuters) – Corporate financial health will worsen across the globe this year, failing to gain respite from signs that inflation has peaked and hopes for an …

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