Economy news

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24 April 11:44

Norway's $1.7 trillion sovereign wealth fund reported a $40 billion loss in the first quarter

Sources

24 April 07:15

Tesla investors have breathed a sigh of relief after Elon Musk said he would reduce his involvement in politics, but the company's image continues to be tarnished by its association with far-right politics

Sources

22 April 18:29

UniCredit may drop its €13 billion bid for Banco BPM due to conditions imposed by the Italian government, which affect the bank's decision-making capacity

Sources

22 April 14:48

IMF warns US at risk of recession due to trade war, forecasting rising inflation and global slowdown

Sources

22 April 13:25

Oil prices fell nearly 3% amid favorable negotiations between the US and Iran as investors remain concerned about the impact of trade tariffs on global fuel demand

Sources

17 April 15:18

The price of gold rose to 467.2986 lei/gram, hitting a new all-time high, influenced by economic instability and demand from central banks

Sources

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17 April 07:20

Jamie Dimon, CEO of JPMorgan Chase, discussed the impact of Trump's tariffs, highlighting concerns about US international relations

Sources

17 April 06:50

The US Customs Authority has announced that it has collected $500 million in tariffs since April 15, contradicting Donald Trump's estimates that the daily amount would reach $2 billion

Sources

16 April 17:45

The World Trade Organization (WTO) forecasts a 0.2% drop in world trade in 2025 amid US tariffs and trade tensions, warning that the decline could mark the worst post-pandemic slump

Sources

16 April 11:50

In March, Romania recorded annual inflation of 5.1%, leading the EU, while the NBR forecast for the end of 2025 is 3.8%

Sources

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16 April 09:38

Erste, an international banking institution, warns that postponing the fiscal package needed to reduce the deficit to 7% of GDP would lead to Romania's downgrading to junk status

Sources

15 April 11:33

Pharmaceutical giant Qualicaps expands its Bucharest factory by 35%, adding 3.5 billion capsules a year, strengthening Romania's position in the pharmaceutical industry

Sources

15 April 08:08

Bulgartransgaz will increase its incoming gas capacity from Greece by 50% by 2026 and will double supplies to Romania next year.

Sources

14 April 14:54

Apple takes 19% of global smartphone market in Q1 2025, driven by demand for iPhone 16e in emerging markets

Sources

14 April 12:30

The International Monetary Fund stresses that geopolitical risks, such as conflicts and trade tensions, may affect share prices and global financial stability

Sources

13 April 11:27

Retailer Shein gets FCA approval for London IPO but faces challenges over tariffs and Chinese regulation

Sources

13 April 08:10

Euro gains ground against the dollar following financial turmoil and Trump's suspension of tariffs

Sources

10 April 07:45

Romania's GDP for 2024 has been estimated at 1.760 trillion lei, with a real growth of only 0.8% compared to 2023, according to the National Institute of Statistics (INS)

Sources

10 April 06:35

Asian equities and European futures rose on Thursday, buoyed by the 90-day delay in the implementation of US tariffs

Sources

10 April 05:25

Shares in major European carmakers fall on new US trade tariffs, sparking fears in financial markets

Sources

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