Economic news

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16 October 07:37

The government will extend the implementation period of the INVESTALIM program until 2031, considering the complexity of the projects and the administrative procedures.

Sources

16 October 07:01

European markets recorded a significant recovery after the declines in the previous session, with luxury brands achieving remarkable performances. The Stoxx 600 index rose by 0.7%, while the CAC 40 index climbed by 2%.

Sources

16 October 06:34

Most Asian stock indices recorded significant gains on Thursday, following the positive trend on Wall Street.

Sources

16 October 05:48

Scott Bessent, the U.S. Treasury Secretary, states that the volatility of the stock markets will not influence trade negotiations with China, emphasizing the firm measures against Beijing.

Sources

16 October 05:31

Jamie Dimon, the CEO of JPMorgan Chase, signals that the recent bankruptcies in the auto sector indicate a correction in the credit market, after a period of loose lending.

Sources

16 October 05:22

Donald Trump stated that Indian Prime Minister Modi promised him that India would stop buying Russian oil, following the imposition of punitive tariffs.

Sources

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16 October 05:08

The Treasury Secretary, Scott Bessent, announced on Wednesday plans for a partnership with the private sector to provide Argentina with an additional financial aid of up to 20 billion dollars.

Sources

15 October 20:59

Jared Isaacman, former candidate for NASA's leadership, met with Sean Duffy, the acting administrator of the agency, thus resuming his candidacy for this position.

Sources

15 October 20:49

NASA has laid off 550 employees from the Jet Propulsion Laboratory, part of a reorganization that affects 11% of the workforce, in the context of budgetary pressures.

Sources

15 October 20:00

The president of ANAF announces that 200 people are being investigated for unjustified wealth, and ANAF will confiscate 70% of the amounts owed in such cases.

Sources

15 October 18:15

One United Properties has decided to buy back 20% of the shares, which will be canceled as part of the procedure to reduce the share capital.

Sources

15 October 17:07

Representatives of SMEs in Romania support the idea that increasing the gross minimum wage, without economic support measures, will lead to rising prices and loss of competitiveness.

Sources

15 October 16:28

The IMF urges governments to reduce debts and deficits, warning about global financial risks and the need to strengthen capital reserves.

Sources

15 October 15:34

Earnings have risen on the back of profit reporting from major companies, including Bank of America and ASML, with the S&P 500 climbing by 0.7%.

Sources

15 October 14:29

The President of the Fiscal Council, Daniel Dăianu, estimates an economic growth of Romania between 0% and 1% this year.

Sources

15 October 13:45

The Data Talks 2025 conference brought together over 150 specialists to discuss the impact of data analysis on sustainability and social responsibility.

Sources

15 October 12:01

NEPI Rockcastle has opened a photovoltaic park in Arad, part of a 110 million euro program for green energy in CEE, generating 70,000 MWh annually.

Sources

15 October 11:29

Froneri, one of the largest ice cream producers in the world, takes over Alpin, a brand also present in the Romanian market.

Sources

15 October 11:20

Romania is preparing a 'Golden Visa' program that offers a residence permit for 5 years to citizens from third countries, in exchange for an investment of at least 400,000 euros.

Sources

15 October 09:00

Sphera Franchise Group has acquired the Hard Rock Cafe franchise for Romania and Moldova, planning to open five restaurants between 2026-2031.

Sources

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