Economic news

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23 July 2025, 08:16

Russian carmaker Avtovaz may introduce a four-day working week from September amid falling sales and competition from Chinese manufacturers

Sources

23 July 2025, 07:27

Oil prices fell on Tuesday for the third day in a row, amid diminishing hopes for a US-EU trade deal that could hurt the global economy

Sources

23 July 2025, 07:00

Lockheed Martin posted a loss of $1.6 billion in the second quarter of the year, leading to an 80% drop in profit and a more than 8% drop in shares

Sources

Mozaik Investments acquires Fit4U / Oradea network to be integrated into the Urban Fitness plan

Sources

Deputy Prime Minister Dragoș Anastasiu emphasized the need to list at least three companies on the stock exchange in order to comply with the obligations of the PNRR: "Ideally, we should reform, make the companies more efficient and list them at a time when we can get more money. But don't ask me which companies will be listed because that decision has not yet been taken"

Sources

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23 July 2025, 06:28

US Treasury Secretary Scott Bessent suggests the deadline for trade tariffs on China could be extended following the Stockholm meeting.

Sources

22 July 2025, 20:38

The Bank of England has called on the banking industry to accelerate innovation in payments, while assessing the need for a central digital currency (CBDC).

Sources

22 July 2025, 20:16

266 public enterprises in Romania have generated losses of 2.5 billion lei, with seven companies making losses of two billion, despite the subsidies they received.

Sources

22 July 2025, 19:03

Household spending on services fell by 0.7% in the first five months of 2025, with notable declines in tourism and gambling.

Sources

22 July 2025, 18:43

The European Union could activate the Anti-Coercion Instrument in response to Trump's threats of 30% tariffs on EU imports.

Sources

22 July 2025, 18:21

Prime Minister Ilie Bolojan and Deputy Prime Minister Dragoș Anastasiu have announced measures to streamline state-owned companies, including legislative changes and reducing the number of members on the Boards of Directors.

Sources

22 July 2025, 18:03

Bosch will lay off up to 1,100 employees and shift the Reutlingen plant's focus to semiconductors due to falling sales.

Sources

22 July 2025, 14:48

Cernavodă City Hall has signed a contract worth 1.7 million lei to organize the City Days, despite the austerity measures discussed at central level.

Sources

21 July 2025, 19:37

Romania's public debt reached RON 1.013 trillion in April, representing 56.6% of GDP, up from 55.8% in March.

Sources

21 July 2025, 19:22

The Bucharest Stock Exchange recorded a generalized decrease of the indices, with total transactions amounting to 57.41 million lei.

Sources

21 July 2025, 18:59

Michael McGrath, EU justice commissioner, expressed serious concerns about dangerous products sold on Shein and Temu, urging urgent action.

Sources

21 July 2025, 17:55

Stellantis reported expenses of €3.3 billion, announcing program cancellations and a drop in sales, especially in the US.

Sources

21 July 2025, 17:37

Treasury Secretary Scott Bessent has called for an evaluation of the US Federal Reserve, emphasizing the need to review the institution's performance.

Sources

21 July 2025, 15:55

PSD President Sorin Grindeanu opposes the suspension of investments and demands a detailed analysis of each project, warning of the economic risks.

Sources

21 July 2025, 15:22

Romanian entrepreneur Frank Timis controls the Tanbreez project in Greenland, a key rare metals deposit in a post-carbon era.

Sources

21 July 2025, 13:39

Romania's public debt increased by 4.1 pp in Q1 2023, reaching 55.8% of GDP, surpassed only by Poland.

Sources

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