Economy news

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10 July 10:45

Thousands of workers in India have staged a nationwide strike against Prime Minister Narendra Modi's efforts to privatize state-owned companies.

Sources

10 July 10:24

Moody's sees the government's recent fiscal measures as an important step, but any deviation from the plan could affect Romania's sovereign rating.

Sources

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10 July 10:17

GDP was stagnant in the first quarter of 2025, but was up 0.3% from the same period in 2024, according to the NSI.

Sources

Ceremony turned ritual. Celebrate every moment with Arezan, wine from the M1 range. Murfatlar (P)

Merck has announced the acquisition of Verona Pharma for 10 billion dollars, strengthening its portfolio of respiratory treatments.

Sources

10 July 08:56

Ursula von der Leyen has announced that the EU is working with the Trump administration on a trade deal, but is also preparing for different scenarios.

Sources

10 July 08:46

Tesla has begun expanding its robotaxi service in Austin, Texas, following an initial test. Musk has announced plans to expand to other cities.

Sources

10 July 08:05

Romania's GDP was unchanged in real terms in the first quarter of 2025, but grew by 0.3% from a year earlier.

Sources

10 July 07:48

Oil prices rose due to high demand for gasoline in the US, attacks on merchant ships and expectations of lower crude oil production.

Sources

10 July 07:40

27 large Tesla shareholders call for an urgent annual general meeting, warning of legal risks and lack of transparency.

Sources

10 July 05:04

Finance Minister Alexandru Nazare announced a bond issue with high demand, highlighting Romania's economic stability and the success of the fiscal package.

Sources

9 July 19:05

Nvidia has reached a market value of $4 trillion dollars, becoming a leader in AI technology, with a steady share growth.

Sources

9 July 14:12

Oliviu Matei, founder of HoliSun, is active in IT, HoReCa and medical services, combining entrepreneurship with his academic career.

Sources

9 July 13:46

EU soft wheat exports are down 35% on last year, with Romania the biggest exporter.

Sources

9 July 12:33

In the first six months of 2025, home sales fell by 3.4% nationally, and by 7.9% in Bucharest and Ilfov.

Sources

9 July 10:24

The 3-month ROBOR index fell to 6.84% and the 6-month ROBOR to 6.9%, reflecting improved liquidity in the market.

Sources

9 July 08:35

More Romanian companies are considering moving their tax residence to countries such as Bulgaria or Cyprus, but tax risks remain.

Sources

9 July 07:50

Oil prices rose, buoyed by higher demand and a lower US production estimate, despite fears of tariffs.

Sources

9 July 07:18

European markets closed in the green, ignoring Trump's tariff threats, as investors were optimistic about a possible EU-US trade deal.

Sources

9 July 06:50

Retailer Shein has filed a preliminary prospectus for a listing on the Hong Kong stock exchange after setbacks in getting approvals for London.

Sources

9 July 05:10

The Council of EU finance ministers has set thresholds for Romania's net spending, calling for effective action by October 15, 2025.

Sources

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