Economic news

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16 October 08:30

The head of ANAF states that the jam made at home by grandma is today calculated at the VAT gap.

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16 October 08:19

Nestlé will reduce 12,000 jobs globally to save one billion Swiss francs annually by 2027, announces the new CEO, Philipp Navratil.

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16 October 08:08

Slovakia and Austria oppose a new package of European sanctions against Russia, invoking the right of veto and demanding concessions related to energy and the automotive industry.

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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.

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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%.

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16 October 06:34

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

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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%.

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15 October 14:29

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

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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.

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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.

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