Economy news

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19 August 10:45

Lenovo posted a net profit of $505 million and revenue of $18.8 billion in the first quarter, thanks to investments in AI and operational strategy.

Sources

19 August 10:05

Bulgarian Energy Minister Zhecho Stankov says he will continue financial support for the mining sector as a measure to counter high electricity prices

Sources

19 August 09:58

Romania loses €7 billion from the NRRP, with €21 billion now available. Projects with execution below 30% risk being scrapped and the deadline for completion is August 2026.

Sources

19 August 09:51

China's electric car companies are increasing their foreign investment, outpacing domestic funds for the first time, according to a Rhodium Group report.

Sources

19 August 09:20

S&P Global maintained the US sovereign rating at 'AA plus', forecasting that revenues from Trump's tariffs will offset the effects of the tax cuts.

Sources

19 August 09:04

In the first six months of 2025, primary energy resources grew by 3.1% and household electricity consumption increased by 5.3%.

Sources

19 August 08:40

Transgaz recorded a gross profit of 606 million lei in the first half of 2025, almost three times more than last year.

Sources

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19 August 08:38

The Ministry of Finance announces a new subscription period for government securities with interest rates of 6.8% and 7%.

Sources

19 August 08:15

Alexandru Nazare announces measures to fight tax evasion, targeting inactive companies that do not comply with their tax obligations.

Sources

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19 August 06:55

Ukraine is preparing to receive a US delegation in September to discuss a joint investment fund to rebuild the country after the Russian invasion

Sources

18 August 16:19

Electromagnetica is launching an auction for the sale of electric car charging stations, with starting prices of 188,595 lei and 18,859 lei.

Sources

18 August 13:11

PSD is working on a package of measures for economic recovery, which does not involve budgetary efforts, said Sorin Grindeanu.

Sources

18 August 13:10

The Social Democrats, led by Sorin Grindeanu, are analyzing the emergency ordinance on the suspension of some funding and propose improvements.

Sources

18 August 12:33

The government targets a 30% pay cut and job cuts at ANRE, ASF and ANCOM, according to a draft law.

Sources

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18 August 12:04

Qantas Airways has been fined 90 million AUD for illegally dismissing 1,800 employees who were replaced by subcontractors during the pandemic.

Sources

18 August 11:22

Minister of Finance Alexandru Nazare announces a tax reform project aimed at correcting anomalies in the Romanian tax system for the benefit of honest entrepreneurs.

Sources

18 August 10:05

Biofarm posted a net profit of 48.8 million lei in the first half of 2025, up 16.2% from 2024.

Sources

18 August 10:00

Natural gas prices in Europe have hit a 2025 low ahead of the Trump-Zelenski meeting, which could affect global supply.

Sources

18 August 09:55

China's cement output fell to 146 million tons in July 2025, the lowest level since 2009, reflecting a severe economic slowdown.

Sources

18 August 09:49

Samsung increases its market share in the US to 31%, thanks to its Z Fold 7 and Z Flip foldable phones, while Apple falls to 49%.

Sources

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