(Reuters) – U.S. shale oil producer Diamondback Energy has formed a new joint venture with private equity firm Five Point Energy LLC to create a water infrastructure network in the …
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business
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Business News
UK’s Hunt to focus on reducing inflation in November budget update – Bloomberg
by Reutersby ReutersLONDON (Reuters) – British finance minister Jeremy Hunt will focus his Nov. 22 budget update on reducing inflation and does not expect forecasts to show the government has extra money …
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Business News
India bond yield curve inversion to persist on tight liquidity, inflation fears – traders
by Reutersby ReutersBy Dharamraj Dhutia MUMBAI (Reuters) – Tight liquidity conditions and sticky inflation will keep the four-year to 10-year part of the Indian government bond yield curve inverted, traders said on …
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Breaking NewsFeatured NewsFood & DiningJersey Shore NewsNew Jersey NewsSports
New Jersey’s Blue Crab Record Mired in Controversy, Here’s Why
CAPE MAY, NJ – Usually when I go crabbing, I end up throwing most of them back because they’re not big enough. Maybe it’s just me or maybe it’s just …
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Business News
Exclusive-China’s central bank to scrutinise bulk dollar purchases – sources
by Reutersby ReutersBEIJING/SHANGHAI (Reuters) -China’s central bank is tightening its scrutiny of bulk dollar purchases by domestic firms, three sources with direct knowledge of the matter said on Monday, at a time …
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Business News
Malaysia targets at least 5% economic growth annually until 2025 – PM
by Reutersby ReutersKUALA LUMPUR (Reuters) – Malaysia is aiming for economic growth of at least 5% annually until 2025, lower than the Southeast Asian nation’s previous target, Prime Minister Anwar Ibrahim said …
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(Reuters) – Canada’s Housing Minister Sean Fraser is evaluating a wide range of options as he looks to ease the housing crisis in the country, CBC reported on Sunday. “There’s …
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(Reuters) – The United States and Saudi Arabia are in talks to secure metals in Africa needed to help them with their energy transitions, the Wall Street Journal reported on …
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Breaking NewsBusiness NewsFeatured NewsFood & Dining
Party Pooper Phil Murphy is About to Ruin Food Festivals for Small Breweries
Fall is coming and it’s one of the best times to be a small brewery in New Jersey. Octoberfest, Fall Festivals and other fall-themed events are coming, but you won’t …
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Breaking NewsBusiness NewsCommunity NewsFood & DiningJackson Township NewsNew Jersey NewsOcean County News
Rita’s in Jackson Cited for Health Code Violations Including Non-Functional Toilet
JACKSON, NJ – Rita’s is Jackson’s most popular ice cream (custard) spot in town, but the Ocean County Health Department wasn’t impressed at conditions at the business. Employees have been …
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By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said the central bank could end its negative interest rate policy when achievement of its 2% inflation target is …
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Business News
Global Net Lease shareholders approve deal with Necessity Retail
by Reutersby ReutersNEW YORK (Reuters) -Shareholders in real estate investment trust Global Net Least Inc approved a planned merger with The Necessity Retail REIT to form the third-largest net lease REIT, the …
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Business News
Global sovereign debt roundtable to meet on local debt restructuring -sources
by Reutersby Reuters(Refile for grammar fix in first paragraph) By Jorgelina do Rosario LONDON (Reuters) -Global creditors will discuss the inclusion of domestic debt in restructuring plans for countries in default next …
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Business News
Alibaba’s grocery unit IPO put on ice amid disappointing valuation – Bloomberg News
by Reutersby Reuters(Reuters) -China’s Alibaba Group Holding Ltd is putting a potential Hong Kong initial public offering of its Freshippo grocery chain on hold amid weak sentiment for consumer stocks, Bloomberg News …
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Business News
Auto dealer Asbury to expand Mid-Atlantic presence with $1.2 billion Jim Koons buy
by Reutersby Reuters(Reuters) -U.S. auto dealer Asbury Automotive Group said on Friday it would buy privately-owned Jim Koons Automotive for about $1.2 billion to increase its foothold in the Mid-Atlantic region. Demand …
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Breaking NewsNew Jersey NewsPolice Blotter
Five Arrested for Illegal Money Business in NYC Diamond District
by Adam Devineby Adam DevineNEWARK, NJ – Five men working in New York City’s Diamond District were arrested on Thursday for illegally processing over $600 million through unlicensed money transmitting businesses. Raj Vaidya, 26; …
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BERLIN (Reuters) – Growth prospects for the German economy will remain meagre in the medium term, the Kiel Institute for the World Economy (IfW) said on Friday. The production potential …
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(Reuters) -Berry Global Group said on Friday it has initiated a formal process to evaluate strategic alternatives for its health, hygiene and specialties segment (HH&S). The segment accounted for 22% …
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Business News
African Finance Corp says Gabon political situation a ‘good coup’
by Reutersby Reuters(This Sept. 7 story has been corrected to fix AFC’s ownership structure based on updated guidance from the AFC in paragraph 3) London – The recent coup in Gabon was …
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BERLIN (Reuters) – Germany’s DIW economic research institute slightly lowered its 2023 forecast for the German economy on Friday due to a surprisingly weak second quarter. Germany’s economy is now …
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Business News
China’s Aug new yuan loans seen rebounding on policy support – Reuters poll
by Reutersby ReutersBEIJING (Reuters) – China’s new yuan loans are expected to rebound in August after tumbling in July to the lowest since late 2009, a Reuters poll showed, as the central …
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Business News
AI fatigue sets in as investors sell tech for first time in weeks
by Reutersby ReutersBy Samuel Indyk LONDON (Reuters) -Investors are starting to grow weary of the hype around artificial intelligence, as evidenced by the first outflow from technology stocks in almost three months, …
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Business News
Goldman Sachs plans fresh round of job cuts for underperformers – FT
by Reutersby Reuters(Reuters) – Goldman Sachs is planning for another round of job cuts for employees who are deemed underperformers, which could come as soon as late October, the Finanical Times reported …
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US and World News
Top global ports may be unusable by 2050 without more climate action – report
by Reutersby ReutersBy Jonathan Saul LONDON (Reuters) – Some of the world’s largest ports may be unusable by 2050 as rising sea levels hit operations, and efforts to speed up decarbonisation of …
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Business News
Biden and Modi to make progress on GE jet engines, nuclear – White House
by Reutersby ReutersABOARD AIR FORCE ONE (Reuters) – The White House expects to see meaningful progress on GE jet engines and civil nuclear technology in upcoming bilateral talks between U.S. President Joe …