Breaking Business news from across New Jersey.
By Jamie McGeever ORLANDO, Fla. (Reuters) – Japan risks pulling the rug from under the much-touted “year of the bond.” Further changes to the Bank of Japan’s yield curve control …
Breaking Business news from across New Jersey.
By Jamie McGeever ORLANDO, Fla. (Reuters) – Japan risks pulling the rug from under the much-touted “year of the bond.” Further changes to the Bank of Japan’s yield curve control …
(Reuters) – Hedge fund manager Greenlight Capital said on Tuesday its fund rallied 36.6% in 2022 in one of its best years ever, thanks to a profitable long book and …
By Maha El Dahan and Jan Strupczewski DAVOS, Switzerland (Reuters) – The European Union responded on Tuesday to U.S. moves to boost its energy transition with its own plans to …
MILAN (Reuters) – Amazon does not plan to cut any jobs in Italy despite a drop in volumes last year, trade unions said on Tuesday after a video meeting with …
By Michael S. Derby NEW YORK (Reuters) – A recent uptick in borrowing at a central bank facility that has historically provided emergency credit is likely tied to small bank …
By Lananh Nguyen NEW YORK (Reuters) -Bond traders are stars again on Wall Street. Fixed income, currencies and commodities (FICC) traders bolstered bank profits last year despite dreary deal markets. …
By Hannah Lang (Reuters) – Silvergate Capital Corp reported a net loss of $1 billion in the fourth quarter, after reporting earlier this month that investors spooked by the collapse …
By Padraic Halpin DUBLIN (Reuters) – The world’s two largest planemakers defended themselves on Tuesday following criticism over delivery delays, with a Boeing executive saying increasing production after COVID-19 lockdowns …
(Reuters) – Citigroup Inc Chief Executive Officer Jane Fraser said the U.S. Federal Reserve could slow rate hikes in late spring or early summer, in an interview with CNBC. After …
By Bansari Mayur Kamdar, Ankika Biswas and Sruthi Shankar (Reuters) -European shares reversed early losses on Tuesday to close at a fresh nine-month high after a report said the European …
By Divya Chowdhury and Maha El Dahan DAVOS, Switzerland (Reuters) -The prospect of imminent global recession cast a long shadow over Davos on Monday as participants gathering for the opening …
DAVOS, Switzerland (Reuters) – Colombia is looking to supplement a global deal setting minimum tax levels for multinationals with an additional accord among its fellow Latin American countries, finance minister …
BERLIN (Reuters) -German Chancellor Olaf Scholz said on Tuesday he was convinced Europe’s largest economy would not fall into a recession despite soaring energy and food prices in the wake …
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) – Canada’s annual inflation rate eased more than expected in December as gas prices came down but core measures remained little changed …
By Giuseppe Fonte and Angelo Amante ROME (Reuters) – Italy’s cabinet is likely to decide on Jan. 19 the fate of two influential Treasury officials, sources said, with nationalist Prime …
By Michael S. Derby NEW YORK (Reuters) – American households are cutting back on spending, but are doing so from very high levels, a New York Federal Reserve report showed …
By Lucia Mutikani WASHINGTON (Reuters) -New York state manufacturing contracted sharply in January as orders collapsed and employment growth stalled, pointing to continued weakness in national factory activity, and little …
By Nell Mackenzie LONDON (Reuters) – Hedge funds trading crypto currencies tracked by index provider BarclayHedge ended 2022 down almost 50%, the research firm said on Tuesday, a sign that …
By Sarah Young LONDON (Reuters) -Low-cost carrier Ryanair is not seeing any signs of recession, Chief Executive Officer Michael O’Leary said on Tuesday, pointing to two weeks of record bookings …
FRANKFURT (Reuters) – Deutsche Bank has appointed a Barclays executive to oversee compliance at Germany’s largest lender, according to an internal memo circulated on Tuesday and seen by Reuters. Deutsche …
(Reuters) – Peloton Interactive Inc named former Twitter Inc executive Leslie Berland as Chief Marketing Officer on Tuesday, as the once high-flying connected fitness equipment works to recharge sales amid …
(Reuters) – Activist investor Nelson Peltz last week bid for a seat on the board of Walt Disney Co, stirring the pot for what appears to be a boardroom battle …
ASTANA (Reuters) – Vkusno & tochka, the Russian successor brand to McDonald’s, has applied to have its trademarks registered in neighbouring Kazakhstan following the U.S. company’s exit from its market, …
By Nidhi Verma NEW DELHI (Reuters) – Russia became the third-largest oil supplier to India in 2022, making up about 15% of total purchases, dragging down OPEC’s share to the …
By Tatiana Bautzer and Gabriel Araujo SAO PAULO (Reuters) – Brazilian lenders BTG Pactual, Bradesco and Santander Brasil are among those most exposed to debt of Americanas SA, analysts’ estimates …