Economy news

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4 April 14:08

Algeria plans to meet its sheep needs this year from Romania alone, after a successful first export in 2024.

Sources

4 April 10:17

Goldman Sachs warns new US tariffs will slow global economic growth and could prompt the Federal Reserve to cut interest rates

Sources

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3 April 14:20

France and Germany have called for European unity in response to Trump's new tariffs, which could hurt the global economy

Sources

3 April 12:05

Startup Cyberhaven Inc. has completed a $100 million funding round to support its growth in cybersecurity

Sources

3 April 08:50

Apple and Nvidia shares fell after Trump announced tariffs of 32% on Taiwan and 34% on China, hurting tech companies

Sources

3 April 07:27

The European Union is considering launching a defense lending program that could include grants for member states

Sources

3 April 07:07

President Trump has signed an executive order removing duty exemptions for small packages from China, a measure that will hurt Chinese e-commerce giants such as Shein and Temu

Sources

2 April 18:33

Tesla shares surged amid rumors that Elon Musk may step down from his post at the Department of Government Efficiency to focus on the company

Sources

1 April 13:08

The project "DACCIAPIFS" aims to digitalize the ASF and improve services for citizens and companies, with a budget of over 96 million lei

Sources

1 April 09:34

The Froo network, part of the Polish group Żabka, is expanding in Bucharest, Pitesti and Constanta, seeking partners for new stores

Sources

29 March 17:20

Elon Musk announced that xAI will acquire X, valuing the social media company at $33 billion.

Sources

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28 March 11:07

European Central Bank warns euro area banks need to be prepared for geopolitical risks and financial instability

Sources

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27 March 16:50

Ferrari plans a price hike of up to 10% on its cars sold in the US in response to tariffs imposed by the Trump administration

Sources

27 March 14:43

Lukoil has resumed exploratory drilling in the Black Sea's Trident field after a six-year hiatus in search of gas

Sources

27 March 06:15

Analysts point out that the billions spent by Europe on defense will not be directed exclusively to arms-supplying nations, as US defense companies will also benefit from this wave of security investment.

Sources

24 March 14:15

Chinese electric car maker BYD has announced record financial results for 2024, highlighting a significant increase in sales.

Sources

20 March 15:00

Vouchers generated over RON 32 billion for Romania's GDP in 2023, with a significant impact on consumption and jobs.

Sources

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20 March 13:47

The Reveal Marketing Research study shows that 46% of Romanians buy the bare necessities, prioritizing food and utilities because of inflation.

Sources

19 March 18:05

Olli Rehn, governor of the Bank of Finland and a member of the European Central Bank's governing council, warns that trade uncertainty is affecting the European economy in the short term, while defense investments will have medium-term effects.

Sources

19 March 13:57

The rise of ultra-populist candidates revives the discussion about economic patriotism, a crucial topic for Romanians, but distorted by populist narratives.

Sources

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