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Category:

Business News

Breaking Business news from across New Jersey.

  • Business News

    Singapore govt announces additional $802 million to ease cost of living

    by Reuters September 28, 2023
    by Reuters September 28, 2023

    SINGAPORE (Reuters) – Singapore’s finance ministry on Thursday announced an additional S$1.1 billion ($802 million) to help households handle increases in the cost of living. The package includes an additional …

  • Business News

    French government rams long-term budget bill through parliament

    by Reuters September 28, 2023
    by Reuters September 28, 2023

    PARIS (Reuters) – The French government rammed a long-term public finance bill through parliament without a vote, in a bid to secure billions of euros of EU funding. Using the …

  • Business News

    Market mind: Dollar glimmers in broad market gloom

    by Reuters September 28, 2023
    by Reuters September 28, 2023

    A look at the day ahead in European and global markets from Tom Westbrook German and Spanish inflation data and European consumer confidence data due today seem unlikely to pierce …

  • Business News

    Toyota’s Aug global output rises on stronger domestic production

    by Reuters September 28, 2023
    by Reuters September 28, 2023

    TOKYO (Reuters) – Toyota Motor said global production climbed 4% from the same period a year earlier to 798,771 vehicles to mark a record for the month of August. Domestic …

  • Business News

    Thai Aug factory output falls 7.5% y/y, more than forecast

    by Reuters September 28, 2023
    by Reuters September 28, 2023

    BANGKOK (Reuters) – Thailand’s manufacturing production index (MPI) in August dropped 7.53% from a year earlier, the industry ministry said on Thursday, as exports slowed amid soft global demand. The …

  • Business News

    German Chancellor says economy is facing cyclical downturn- Wirtschaftswoche

    by Reuters September 28, 2023
    by Reuters September 28, 2023

    BERLIN (Reuters) – The cyclical weakness of the German economy shouldn’t be perceived as a structural problem, German Chancellor Olaf Scholz said on Thursday in an interview with business weekly …

  • Business News

    Australia job vacancies tumble from record levels in latest quarter

    by Reuters September 27, 2023
    by Reuters September 27, 2023

    By Stella Qiu SYDNEY (Reuters) – Job vacancies in Australia slid from record levels in the three months to August, adding to signs that the country’s labour shortage might be …

  • Business News

    Japan Finance Minister Suzuki reiterates warning against excessive FX volatility

    by Reuters September 27, 2023
    by Reuters September 27, 2023

    By Tetsushi Kajimoto TOKYO (Reuters) – Japan won’t rule out any options to deal with excessive currency volatility, Finance Minister Shunichi Suzuki said on Thursday, reiterating a warning against speculative …

  • Business News

    Sony gaming chief Jim Ryan to retire, group president to be interim head

    by Reuters September 27, 2023
    by Reuters September 27, 2023

    By Sam Nussey TOKYO (Reuters) -Sony Group said on Thursday its gaming chief Jim Ryan would retire next March, with group President Hiroki Totoki to become interim CEO during the …

  • Business News

    Australia Aug retail sales post tepid rise, add to rate pause case

    by Reuters September 27, 2023
    by Reuters September 27, 2023

    By Stella Qiu SYDNEY (Reuters) – Australian retail sales rose modestly in August as consumers continued to cut back on spending in the face of elevated living expenses and high …

  • Business News

    As shutdown looms, companies should go public ‘before Friday’ -US SEC chief

    by Reuters September 27, 2023
    by Reuters September 27, 2023

    By Douglas Gillison (Reuters) -A looming government shutdown would reduce U.S. Securities and Exchange Commission (SEC) staffing to “skeletal” levels, stopping it from approving companies’ Wall Street debuts and hindering …

  • Business News

    Amazon faces landmark monopoly lawsuit by FTC

    by Reuters September 27, 2023
    by Reuters September 27, 2023

    (This Sept. 26 story has been corrected to say ‘the court of Western District of Washington state’ instead of ‘the court of the District of Columbia’ in paragraph 19) By …

  • Business News

    Chilean miner Codelco gets access to books of Australia’s Lithium Power

    by Reuters September 27, 2023
    by Reuters September 27, 2023

    (Reuters) – Codelco will undertake due diligence on Australia’s Lithium Power International, the Chilean copper miner said on Thursday, but added that there is no certainty the discussions will lead …

  • Business News

    Argentina’s Bullrich rules out borrowing more from IMF if victorious

    by Reuters September 27, 2023
    by Reuters September 27, 2023

    By Lucila Sigal and Eliana Raszewski BUENOS AIRES (Reuters) -Argentina’s next government would not ask the International Monetary Fund (IMF) for any new loans if center-right presidential hopeful Patricia Bullrich …

  • Business News

    Mexico’s Banorte plans to hire up to 1,200 people to tap into nearshoring

    by Reuters September 27, 2023
    by Reuters September 27, 2023

    By Marion Giraldo MEXICO CITY (Reuters) – Mexican bank Banorte plans to hire between 1,000 and 1,200 more employees to handle operations related to nearshoring, amid an expected boom in …

  • Business News

    S&P 500 ekes out slim gain as investors weigh elevated yields

    by Reuters September 27, 2023
    by Reuters September 27, 2023

    By Lewis Krauskopf, Ankika Biswas and Shashwat Chauhan (Reuters) – The S&P 500 eked out a fractional gain on Wednesday after a see-saw session, as investors weighed whether to start …

  • Business News

    Judge assigned to US antitrust case against Amazon recuses himself

    by Reuters September 27, 2023
    by Reuters September 27, 2023

    (Reuters) – The judge assigned to the U.S. Federal Trade Commission’s antitrust lawsuit against Amazon.com has recused himself from the case, according to a court document filed on Wednesday. Senior …

  • Business News

    Swedish furniture maker IKEA to open first Colombia store

    by Reuters September 27, 2023
    by Reuters September 27, 2023

    BOGOTA (Reuters) – Swedish furniture maker IKEA will this week open its biggest South American store in Colombia, as part of an international expansion plan which includes growth in Peru …

  • Business News

    ChatGPT users can now browse internet, OpenAI says

    by Reuters September 27, 2023
    by Reuters September 27, 2023

    (Reuters) -ChatGPT users will now be able to surf the web, Microsoft-backed OpenAI said on Wednesday, expanding the data the viral chatbot can access beyond its earlier September 2021 cutoff. …

  • Business News

    US judge refuses to overturn Exxon permit denial to truck crude oil in California

    by Reuters September 27, 2023
    by Reuters September 27, 2023

    By Clark Mindock (Reuters) – A U.S. judge on Wednesday refused to overturn a California county’s decision to block Exxon Mobil Corp from using tanker trucks to ship crude oil …

  • Business News

    US government shutdown could add misery to air travel

    by Reuters September 27, 2023
    by Reuters September 27, 2023

    By David Shepardson WASHINGTON (Reuters) – U.S. Transportation Secretary Pete Buttigieg warned on Wednesday that a partial government shutdown could disrupt air travel and said the government would need to …

  • Business News

    UK home-buyer demand inches up as mortgage rates fall: Zoopla

    by Reuters September 27, 2023
    by Reuters September 27, 2023

    By David Milliken LONDON (Reuters) – More Britons made enquiries with estate agents about potential house purchases over the past four weeks as mortgage rates started to fall, breaking a …

  • Business News

    UK’s IFS sees 90% chance of budget deficit overshoot by 2027/28

    by Reuters September 27, 2023
    by Reuters September 27, 2023

    By David Milliken LONDON (Reuters) – Britain’s Institute for Fiscal Studies (IFS) estimated on Thursday that there was a 90% chance that public borrowing in four years’ time would be …

  • Business News

    Toyota plans third India plant, new SUV as domestic sales surge – sources

    by Reuters September 27, 2023
    by Reuters September 27, 2023

    By Aditi Shah NEW DELHI (Reuters) -Toyota Motor plans to build a third car plant in India, expanding production capacity in the country for the first time in over a …

  • Business News

    US economy facing headwinds from possible government shutdown -White House

    by Reuters September 27, 2023
    by Reuters September 27, 2023

    (Reuters) – The U.S. economy is facing headwinds from a possible government shutdown, student debt payments restarting, higher interest rates and an autoworkers’ strike, White House economic adviser Jared Bernstein …

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