Breaking Business news from across New Jersey.
By Andrea Shalal MARRAKECH, Morocco (Reuters) -International Monetary Fund managing director Kristalina Georgieva said on Thursday the “heartbreaking” Israel-Hamas conflict threatened to darken an already murky global economic outlook. “We …
By Tetsushi Kajimoto and Takahiko Wada TOKYO (Reuters) – There is no pressing need for the Bank of Japan to alter its yield control settings as it has room left …
By Suzanne McGee (Reuters) – Large, established asset managers that have been slow to cash in on investor demand for exchange-traded funds are now trying to grab a slice of …
By Balazs Koranyi MARRAKECH, Morocco (Reuters) – Bank of England Chief Economist Huw Pill said the question of whether the British central bank had done enough to see off high …
By Heekyong Yang SEOUL (Reuters) -Kia Corp on Thursday unveiled three new small-to-medium sized electric vehicles (EV) to try to attract a wider range of customers and accelerate its electrification …
By Nupur Anand NEW YORK (Reuters) – Wells Fargo will expand access to a financial planning tool to its nearly 70 million customers after initially offering it to wealth clients …
A look at the day ahead in U.S. and global markets by Samuel Indyk The minutes from the Federal Reserve’s September policy meeting on Wednesday confirmed the central bank is …
By Jody Godoy and Luc Cohen NEW YORK (Reuters) -Caroline Ellison, Sam Bankman-Fried’s confidant who has pleaded guilty to helping him take billions in FTX customer assets, testified at his …
By 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 …
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 …
By Rocky Swift TOKYO (Reuters) -Fast Retailing Co, owner of clothing brand Uniqlo, forecast 18% growth in annual profit on Thursday, as it plans to expand in key markets including …
By Ben Blanchard TAIPEI (Reuters) – Taiwan was waiting for a decision by the U.S. government on whether Taiwanese chipmakers will be allowed a waiver extension to supply U.S. chip …
By Rozanna Latiff KUALA LUMPUR (Reuters) – The Malaysian government on Thursday denied allegations by Goldman Sachs that it had breached a settlement deal over the U.S. bank’s role in …
By William Schomberg and Andy Bruce LONDON (Reuters) -Britain’s economy partially recovered in August after a sharp drop in July but the bigger picture remained one of only sluggish growth …
By Lewis Jackson SYDNEY (Reuters) – PwC Australia’s chief executive apologised profusely to senators on Thursday for the leak of confidential tax documents, as he was grilled about the involvement …
By Yuka Obayashi TOKYO (Reuters) -Toyota and oil refiner Idemitsu Kosan announced a tie up on Thursday to develop and mass produce all-solid-state batteries, in another example of new partnerships …
By Jagoda Darlak and Matteo Allievi (Reuters) -Swiss fragrance and flavour maker Givaudan beat third-quarter organic sales expectations on Thursday, aided by price increases and strong performance in its fragrance …
(Reuters) -Ericsson shares were volatile on Thursday, defying indications for a sharp fall after the Swedish telecom gear maker overnight announced a $2.9-billion impairment related to its acquisition of cloud …
LONDON (Reuters) – Holders of defaulted debt issued by Venezuela and its state oil company said they made two filings in New York on Wednesday to validate an August agreement …
By Krystal Hu and Anna Tong (Reuters) – OpenAI plans to introduce major updates for developers next month to make it cheaper and faster to build software applications based on …
WASHINGTON (Reuters) – The U.S. Space Force has paused the use of web-based generative artificial intelligence tools like ChatGPT for its workforce over data security concerns, according to a memo …
ROME (Reuters) – The International Monetary Fund wants Italy to make its 2024 budget framework more stringent, as tax cut plans made the Fund “a bit worried”, its chief economist, …
KUALA LUMPUR (Reuters) -TikTok has not done enough to curb defamatory or misleading content in Malaysia, the communications minister said on Thursday, adding that the short video application had also …
TOKYO (Reuters) – Japanese automaker Honda Motor and trading house Mitsubishi Corp have signed a pact to explore new businesses using electric vehicle (EV) batteries, the companies said on Thursday. …
By Olivier Sorgho (Reuters) – Publicis, the world’s largest advertising group by market value, on Thursday increased its 2023 sales and margin forecasts as it beat expectations in the third …
