Breaking Business news from across New Jersey.
BERLIN (Reuters) -Germany urgently needs more carbon-neutral energy at affordable prices if it is to maintain its global relevance as an industrial player, the president of German autos association VDA …
By Asif Shahzad ISLAMABAD (Reuters) – Pakistan will take fiscal measures set by the International Monetary Fund (IMF) to meet its budgetary targets for the 2022-23 financial year, finance minister …
By Mimosa Spencer and Mimosa Spencer PARIS (Reuters) -LVMH Chairman and CEO Bernard Arnault named his daughter Delphine as CEO of the group’s second largest fashion label Christian Dior on …
By Rocky Swift TOKYO (Reuters) – Uniqlo parent Fast Retailing Co Ltd on Wednesday said it would raise wages by as much as 40%, a clear sign that Japan’s rock-bottom …
By Guy Faulconbridge and Darya Korsunskaya MOSCOW (Reuters) -Russia said it would resume foreign currency interventions with the sale of yuan from Friday, underscoring the growing importance of China’s currency …
By David Shepardson WASHINGTON (Reuters) -Boeing Co reported a sharp jump in airplane orders and deliveries in 2022 but trailed Airbus for the fourth straight year as its European rival …
By James Davey LONDON (Reuters) -Sainsbury’s, the first listed British supermarket to update on Christmas trading, forecast full-year profit at the upper end of its guidance after shoppers spent more …
A look at the day ahead in U.S. and global markets from Mike Dolan. No news from the Fed appears to be good news these days. Markets breathed a collective …
SHANGHAI (Reuters) -China’s overall passenger vehicle sales are estimated to rise 5% in 2023, Volkswagen AG’s China President Ralf Brandstaetter told Chinese media. New energy vehicles, which include pure electric …
JOHANNESBURG (Reuters) – South African telecoms operator Telkom and data network provider Rain have terminated discussions about a potential acquisition of Rain, Telkom said in a statement on Wednesday, sending …
ZURICH (Reuters) -Credit Suisse is considering a 50% cut to its 2022 bonus pool, Bloomberg News reported on Wednesday, as the Swiss bank presses on with efforts to revive its …
By Carolyn Cohn and Elizabeth Howcroft LONDON (Reuters) – UK property funds face further exit requests, asset fire sales and reduced demand from pension schemes after payout restrictions prompted investors …
(Refiles to change title in paragraph four to CIO from chief executive for Global Fixed Income at PIMCO. No other changes to text) By Naomi Rovnick (Reuters) – A shakeout …
BEIJING (Reuters) – China’s industrial output is expected to have grown 3.6% in 2022 from the previous year, the Ministry of Industry and Information Technology (MIIT) said on Wednesday, despite …
By Ron Bousso LONDON (Reuters) – BP has appointed Gareth Burns to head its global ventures division which oversees the company’s investments in start-up technologies as part of its shift …
PARIS (Reuters) – Interest rate hikes by the European Central Bank will need to come at a “pragmatic pace” in the coming months, French ECB policymaker Francois Villeroy de Galhau …
BERLIN (Reuters) – Politico plans to expand in its home market of the United States as well as Europe as part of a five-year plan focusing more on regional policy-making …
By Leika Kihara TOKYO (Reuters) -Japanese households’ inflation expectations crept up in the three months to December, a central bank survey showed, a sign that persistent rises in food and …
By Davide Barbuscia NEW YORK (Reuters) – BlackRock’s iShares exchange traded funds (ETFs) gained more net flows than Vanguard’s ETFs last year, according to estimates from industry tracker Morningstar, putting …
ACCRA (Reuters) – Ghana’s finance ministry on Wednesday said negotiations on the terms of a domestic debt exchange agreement with local pension funds were continuing and that they would be …
(Reuters) -Chevron Corp’s Wheatstone domestic gas plant has re-commenced supply to the Western Australia market, a spokesperson for the oil and gas explorer’s Australian unit said on Wednesday. Gas supply …
MOSCOW (Reuters) -The Kremlin said on Wednesday it had not yet seen any cases of price caps on Russian oil imposed by the West last month, in comments about possible …
(Reuters) -A U.S. judge ruled that Apple had infringed on one of Masimo Corp’s pulse oximeter patents by importing and selling certain Apple Watches with light-based pulse oximetry functionality and components, …
By Mark John (Reuters) – Failure to tackle climate change and environmental degradation dominate the ranking of top risks facing the planet in the next decade, a World Economic Forum …
By Mike Dolan LONDON (Reuters) – Almost as surprising as the weekend’s shock events in Brasilia was how little world markets appeared to react – showing investors may already be …