Economy news

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Wednesday 10:51

Toyota sold 5.54 million vehicles in the first half of 2023, retaining its title as the world's top-selling carmaker, overtaking Volkswagen.

Sources

Wednesday 10:12

Google has announced that it will sign up to the EU's code of best practice for AI, supporting the strict regulations, but will also provide feedback on them.

Sources

Wednesday 09:51

In 2024, Cuba's private sector reached 55% of retail sales, surpassing the state sector, amid a crisis-hit economy.

Sources

Wednesday 09:28

Electrica debuted on Wednesday on the Bucharest Stock Exchange with a €500 million green bond issue.

Sources

Wednesday 08:42

The Chamber of Tax Consultants calls for the reintroduction of the reduced VAT rate for cereals and seeds, warning of the negative impact of the new regulations on the agricultural sector.

Sources

Wednesday 08:08

The funds needed to pay the salaries of miners in the Jiu Valley, as well as for the Miner's Day bonus, will come from Romania's revenues from the sale of greenhouse gas emission allowances

Sources

Wednesday 07:57

Novo Nordisk has appointed a new CEO, Maziar Mike Doustdar, and revised its financial estimates for 2023, forecasting a decline in sales.

Sources

Wednesday 07:20

Mozaik Investments has acquired a majority stake in Genesis College, investing €30 million to expand its educational network.

Sources

Wednesday 06:17

Although not part of the new trade pact, the UK could have a competitive advantage thanks to lower tariffs on its products compared to the EU.

Sources

Tuesday 19:46

UiPath CEO Daniel Dinnes sold more than $27 million worth of stock between May and July 2025, with frequent trades.

Sources

Tuesday 16:51

Hungary's government has slashed its economic growth forecast for 2025, reflecting a sluggish economic recovery and rising inflation.

Sources

Tuesday 16:28

The IMF has slightly revised up global growth forecasts for 2025 and 2026, but highlights economic risks from tariffs and geopolitical tensions.

Sources

Tuesday 16:03

Romania aims to eliminate meat imports by increasing domestic production, thereby supporting local farmers and the national economy.

Sources

Tuesday 12:58

The European Commission is recommending Romania to adjust its investments in order to respect the budget limits in 2025-2026, when financial pressure will increase.

Sources

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Tuesday 11:34

Fitch says the 15% tariff hike imposed by the US will not change the EU's rating but will add to existing economic pressures.

Sources

Monday 18:05

Leading investor Ray Dalio says Britain is in a 'doom loop' because of high taxes and rising debt.

Sources

Monday 17:39

Audi posted a 37.5% drop in net profit in the first half of 2025, caused by tariffs and company restructuring.

Sources

Monday 16:45

The 15% tariffs on European exports have a limited impact on Romania, but sectors connected to the US economy will feel the indirect effects.

Sources

Monday 15:57

The German government will present a budget for 2026 that includes record investments of €126.7 billion, focusing on defense and infrastructure.

Sources

Monday 15:46

The PSD is working on a technical document for the continuation of the 'Anghel Saligny' program, essential for Romanian communities.

Sources

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