Breaking Business news from across New Jersey.
By David Shepardson and Rajesh Kumar Singh WASHINGTON/CHICAGO (Reuters) -U.S. airlines said they expect operations to return to normal on Thursday, as the Federal Aviation Administration (FAA) scrambles to pinpoint …
By James Davey and Paul Sandle LONDON (Reuters) – British shoppers spent freely at Christmas, piling their trolleys with party food, drink and clothing as they enjoyed the first holiday …
By Siddharth Cavale NEW YORK (Reuters) – Walmart Inc on Thursday said it has entered into a partnership with software giant Salesforce to provide its retail customers with store pickup …
By Elizabeth Howcroft LONDON (Reuters) – Illicit use of cryptocurrencies hit a record $20.1 billion last year as transactions involving companies targeted by U.S. sanctions skyrocketed, data from blockchain analytics …
(Reuters) -American Airlines Group Inc on Thursday forecast a higher fourth-quarter profit on strong demand for travel during the key holiday season, sending its shares up more than 5% in …
By Luc Cohen NEW YORK (Reuters) – Sam Bankman-Fried said he did not steal money and blamed the collapse of his now-bankrupt FTX exchange on a broad crash in cryptocurrency …
By Alex Lawler LONDON (Reuters) -Oil rose more than 1% on Thursday supported by optimism over China’s demand outlook and hopes that upcoming inflation data from the United States will …
WARSAW (Reuters) – Double-digit inflation in Poland leaves no room for loosening monetary policy this year but interest rates will not rise further, central banker Ludwik Kotecki told Reuters. With …
By Scott Murdoch, Selena Li and Sinead Cruise SYDNEY/HONG KONG/LONDON (Reuters) – Newly unemployed Goldman Sachs workers are tapping head-hunters after losing their jobs in its biggest restructuring since the …
By Foo Yun Chee and Kirstin Ridley BRUSSELS (Reuters) – HSBC on Thursday failed to overturn a court ruling that it had participated in a cartel to rig benchmark Euribor …
By Rae Wee and Samuel Indyk LONDON (Reuters) – The yen got a boost on Thursday on expectations the Bank of Japan will review the side effects of its monetary …
By Victoria Waldersee BERLIN (Reuters) -The Volkswagen Group reported its lowest sales in over a decade in 2022 as COVID-19 lockdowns in China and the war in Ukraine upended supply …
By Danilo Masoni and Tom Westbrook MILAN (Reuters) – Stocks made modest gains on Thursday on cautious optimism that U.S. data will confirm inflation is softening, while the yen rose …
(Reuters) – Nelson Peltz has launched a fight for a board seat at Walt Disney Co to help turnaround a company he says is “in crisis” due to failed succession …
MOSCOW (Reuters) -Car sales in Russia collapsed by 58.8% in 2022, the Association of European Businesses (AEB) said on Thursday, as the industry reels from the impact of Western sanctions …
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s inflation is expected to rise 5.2% in December, according to the median response from a Reuters poll of analysts, though the government …
By Paul Sandle LONDON (Reuters) – British retailer Marks & Spencer reported strong Christmas sales, with demand for turkeys and sparkling wine delivering its highest ever share of the food …
By Howard Schneider WASHINGTON (Reuters) – For roughly 30 years Federal Reserve policymakers and other central bankers enjoyed a world where market interest rates were falling, inflation was low, globalization …
By Ross Kerber and Tommy Wilkes (Reuters) – Vanguard Group’s decision last month to quit a key climate change coalition underscores how the retail investors who dominate its client base …
A look at the day ahead in U.S. and global markets from Mike Dolan. It will likely take a big surprise in Thursday’s critical U.S. inflation update to knock markets …
NEW DELHI (Reuters) -India and the United States have established a new working group to build sustainable supply chains and boost bilateral trade, the governments said in a joint statement …
(Reuters) – Morgan Stanley expects the oil market to tighten during the third and fourth quarter of 2023, supported by a recovery in demand prompted by China reopening its borders …
By Sarah Young LONDON (Reuters) -Online fashion retailer ASOS said 300 million pounds ($365 million) of cost savings would help drive profits this year after sales fell over its four-month …
By James Davey LONDON (Reuters) -Britain’s biggest retailer Tesco said it would focus on offering customers better value deals in January as it does not believe inflation has peaked, preparing …
By Archishma Iyer (Reuters) – Bullish bets on the Thai baht and Chinese yuan hit five-year highs as China’s sharp pivot from its strict COVID-19 curbs boosted investors’ appetite for …