MARRAKESH (Reuters) – Inflation in Germany is on a downward trajectory, Bundesbank President Joachim Nagel said on Friday on the sidelines of an International Monetary Fund meeting in Marrakesh. “It …
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Business News
German economy expected to shrink slightly in Q3 – econ ministry
by Reutersby ReutersBERLIN (Reuters) – Germany’s economy is seen as shrinking slightly in the third quarter as the global economic slowdown, money tightening and energy prices slow its expected recovery, the economy …
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Business News
Sri Lanka president to visit China as debt talks progress – source
by Reutersby ReutersBy Uditha Jayasinghe COLOMBO (Reuters) – Sri Lankan President Ranil Wickremesinghe will visit China next week as the crisis-hit country makes progress on debt restructuring talks with its biggest lender, …
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Business News
China central bank seen keeping medium-term policy rate unchanged on Monday – poll
by Reutersby ReutersSHANGHAI/SINGAPORE (Reuters) – China’s central bank is expected to keep borrowing costs unchanged but ramp up liquidity support when it rolls over 500 billion yuan ($68.44 billion) worth of medium-term …
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Business News
Japan households’ inflation expectations rise slightly – BOJ poll
by Reutersby ReutersTOKYO (Reuters) -Japanese households’ inflation expectations rose slightly in the three months to September, a central bank quarterly survey showed on Friday. The survey will be among factors that the …
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Business News
China considers new stabilization fund to prop up stock market – Bloomberg News
by Reutersby Reuters(Reuters) – China is considering creating a state-backed stabilization fund to shore up confidence in its equity markets, Bloomberg News reported on Thursday. Financial regulators, including the China Securities Regulatory …
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US and World News
US to help Americans evacuate Israel as confirmed deaths rise – White House
by Reutersby ReutersWASHINGTON (Reuters) – The number of U.S. citizens confirmed dead in the Hamas attack in Israel over the weekend has risen to 27, with 14 more still unaccounted for, White …
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Business News
South Africa’s economy expected to improve into 2024 – Reuters poll
by Reutersby ReutersBy Vuyani Ndaba JOHANNESBURG (Reuters) – South Africa’s economic growth is expected to pick up slightly next year due to better energy supply, a Reuters poll found, while slowing inflation …
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Business News
Middle East growth to recover in 2024 but structural issues to weigh – IMF
by Reutersby ReutersBy Rachna Uppal DUBAI (Reuters) – Economic growth in the Middle East and North Africa region is expected to accelerate in 2024 after a slowdown this year but structural challenges …
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MARRAKECH, Morocco (Reuters) -The European Central Bank should aim to engineer a “soft landing” for the euro zone’s economy, as long as it is confident that inflation will keep falling …
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US and World News
Australians to reject Indigenous Voice in referendum – final YouGov poll
by Reutersby ReutersSYDNEY (Reuters) – Australians are set to overwhelmingly say ‘No’ to a proposal to constitutionally recognise the country’s Indigenous people in a referendum on Saturday, one of the final opinion …
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(Reuters) – Bank of England policymaker Swati Dhingra said the economy has already flatlined and about 20% or 25% of the impact of interest rate hikes has fed through to …
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Business News
Exclusive-Kenya plans $500 million Eurobond buyback with new loans – cenbank governor
by Reutersby ReutersBy Rachel Savage and Jorgelina do Rosario MARRAKECH, Morocco (Reuters) – Kenya is planning to buy back up to a quarter of its $2 billion 2024 international bond before year-end …
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Business News
Most Japanese firms expect China’s economic slowdown to persist into 2025 – Reuters poll
by Reutersby ReutersBy Tim Kelly TOKYO (Reuters) – Most Japanese companies expect a slowdown in China’s economy to persist into 2025, with nearly two thirds of firms that operate there looking to …
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(Reuters) – American International Group (AIG) on Wednesday appointed company insiders David McElroy, Don Bailey, and Jon Hancock to key positions in a bid to strengthen its underwriting performance. McElroy …
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Business News
Hyundai Motor to make BAIC’s ARCFOX electric cars in Beijing – report
by Reutersby ReutersSEOUL (Reuters) – Hyundai Motor has decided to produce Beijing Automotive Group Co’s EV brand ARCFOX cars at its plant in Beijing in a bid for a breakthrough in a …
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Business News
German economy expected to contract 0.4% in 2023 – economy ministry
by Reutersby ReutersBERLIN (Reuters) – The German government expects the economy to shrink by 0.4% this year due to persistent inflation, high energy prices and weak international trade, the economy ministry said …
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US and World News
US considers dropping sanctions against Israeli billionaire Dan Gertler – WSJ
by Reutersby Reuters(Reuters) – The United States has considered a plan to drop sanctions against Dan Gertler, an Israeli mining magnate accused of corruption, the Wall Street Journal reported on Wednesday, citing …
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Business News
Japan’s manufacturers’ sentiment weighed by overseas risks – Reuters Tankan
by Reutersby ReutersBy Tetsushi Kajimoto TOKYO (Reuters) – Business morale at large Japanese manufacturers was subdued in October, although the services-sector mood edged up, the Reuters Tankan poll showed, as upbeat domestic …
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(Reuters) – The German premium footwear company Birkenstock priced its U.S. initial public offering (IPO) at $46 per share, the Wall Street Journal reported on Tuesday. (Reporting by Mrinmay Dey …
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Business News
US regulator probes Twitter security lapse before Musk took over – Bloomberg News
by Reutersby Reuters(Reuters) – The U.S. securities regulator is investigating how Twitter managed a 2018 security lapse that exposed personal user information before billionaire Elon Musk bought the social media platform last …
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Breaking NewsCommunity NewsFeatured NewsNew Jersey News
Know Your New Jersey Slang – Here Are Some Words and Accents Unique to the Garden State
TRENTON, NJ – Language, much like culture, evolves with time and location. New Jersey, a diverse and dynamic state, has given rise to a selection of unique slang terms that …
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Business News
Truist in talks to sell insurance business for $10 billion – Semafor
by Reutersby Reuters(Reuters) -Truist Financial is in talks to sell its insurance brokerage unit to private equity firm Stone Point for about $10 billion, news website Semafor reported on Monday, citing people …
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Business News
Brazil’s consumer prices forecast to have risen faster in Sept – Reuters poll
by Reutersby ReutersBy Gabriel Burin (Reuters) – Brazil’s consumer prices likely rose faster in September, led by hikes in gasoline costs that should have brought annual inflation to the highest rate in …
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US and World News
China has said it will ‘look into’ appointing senior official on fentanyl – Schumer
by Reutersby ReutersBy Antoni Slodkowski BEIJING (Reuters) – China has said it would “look into” appointing a senior official responsible for the fentanyl issue that has become a major sticking point in …