Breaking Business news from across New Jersey.
By Richa Naidu LONDON (Reuters) – British fund manager Terry Smith accused Unilever on Tuesday of “virtue signalling” with its ethically-focused marketing, in his latest salvo against the consumer goods …
LONDON (Reuters) – Goldman Sachs Asset Management, the fund arm of Goldman Sachs, said on Tuesday it had raised $1.6 billion for its first private equity fund focused on investing …
By Luc Cohen NEW YORK (Reuters) -The brother of a former Coinbase Global Inc product manager was sentenced on Tuesday to 10 months in prison after pleading guilty in what …
By Ann Saphir (Reuters) – The Federal Reserve on Tuesday added to the diversity of its regional Fed bank board leadership, announcing a group of chairs and deputy chairs that …
By Victoria Waldersee and Andreas Rinke BERLIN (Reuters) – German carmakers, Tesla, chip producers and battery maker Northvolt met the German chancellor and cabinet ministers on Tuesday to discuss topics …
By John Kruzel WASHINGTON (Reuters) – U.S. Supreme Court justices on Tuesday wrestled with a labor dispute that could narrow federal protections for unions by making it easier for employers …
By Martin Coulter LONDON (Reuters) -UK lawmakers have called on Amazon to clarify comments made by a senior executive at a recent parliamentary hearing, after an advocacy group accused him …
LISBON (Reuters) – European Central Bank’s governing council member Mario Centeno said on Tuesday the current process of interest rate increases is approaching its end. The central banker, who was …
By Niket Nishant and Hannah Lang (Reuters) -Cameron Winklevoss, co-founder of cryptocurrency exchange Gemini, called for the removal of Digital Currency Group Inc Chief Executive Barry Silbert on Tuesday, amid …
By Lisa Pauline Mattackal (Reuters) – Bitcoin’s looking steady in 2023. But it’s only been a week. Cryptocurrencies have crept into the new year, licking their wounds after the carnage …
By Tim Hepher PARIS (Reuters) -Airbus deliveries rose 8% in 2022, allowing the European planemaker to maintain its crown as the world’s largest planemaker for a fourth year, despite being …
By Francesco Canepa and Lindsay Dunsmuir STOCKHOLM (Reuters) -Some of the world’s top central bankers aired concerns about being expected to tackle climate change as well as tame inflation on …
By Olena Harmash KYIV (Reuters) -Consumer price inflation in Ukraine rose to 26.6% in 2022 as the economy felt the impact of Russia’s invasion, but was lower than initially expected. …
By Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) -European shares fell on Tuesday for the first time in three sessions in a broad-based retreat, with some declines being offset after …
(Reuters) – Southwest Airlines Co on Tuesday launched a limited fare sale for select one-way routes, days after the carrier’s massive flight disruptions in December. The airline said it will …
By Marianna Parraga HOUSTON (Reuters) -Chevron Corp’s first cargo of Venezuelan crude under a U.S. license received in November has departed from a ship-to-ship transfer hub near Aruba to its …
WASHINGTON (Reuters) – World Bank President David Malpass said on Tuesday that the lender is not considering giving up its top-tier credit rating as a means to expand lending as …
SAO PAULO (Reuters) – Brazilian energy company Eletrobras is investigating whether the collapse of two transmission towers were related to anti-government riots in Brazil on Sunday, according to two sources …
(Reuters) – Babies “R” Us will reopen its first store at New Jersey’s American Dream Mall this summer, nearly five years after its parent Toys “R” Us closed shop across …
(Reuters) -Beverage giants Coca-Cola Co and PepsiCo Inc are under preliminary investigation by the U.S. Federal Trade Commission (FTC) over potential price discrimination in the soft drink market, Politico reported …
WASHINGTON (Reuters) -U.S. wholesale inventories increased strongly in November, lifting the inventories-to-sales ratio to the highest level in nearly 2-1/2 years, as higher borrowing costs depressed sales. The Commerce Department …
SHANGHAI (Reuters) – Dozens of Telsa owners protested at a delivery centre in Shanghai on Tuesday, vowing to raise pressure on the electric car maker after it declined to offer …
By Victoria Waldersee BERLIN (Reuters) – Premium brands BMW, Mercedes-Benz and Audi navigated last year’s automotive supply chain challenges better than the mass-market Volkswagen brand, company data showed on Tuesday. …
By Victoria Waldersee BERLIN (Reuters) – BMW fourth-quarter group sales rose 10.6%, the carmaker said on Tuesday, helped by easing supply chain bottlenecks in a year that has been plagued …
By Juliette Portala (Reuters) – Industries helping the world shift to net-zero emissions could be worth $10.3 trillion to the global economy by 2050, sustainable development consultancy Arup and economics …