Economic news

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4 minutes before

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

Sources

16 minutes before

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.

Sources

46 minutes before

The government will extend the implementation period of the INVESTALIM program until 2031, considering the complexity of the projects and the administrative procedures.

Sources

Top news from the last 24 hours

1 hour before

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%.

Sources

1 hour before

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

Sources

2 hours before

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.

Sources

2 hours before

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.

Sources

3 hours before

Donald Trump stated that Indian Prime Minister Modi promised him that India would stop buying Russian oil, following the imposition of punitive tariffs.

Sources

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3 hours before

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.

Sources

yesterday 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.

Sources

yesterday 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.

Sources

yesterday 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.

Sources

yesterday 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.

Sources

yesterday 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.

Sources

yesterday 16:28

The IMF urges governments to reduce debts and deficits, warning about global financial risks and the need to strengthen capital reserves.

Sources

yesterday 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%.

Sources

yesterday 14:29

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

Sources

yesterday 13:45

The Data Talks 2025 conference brought together over 150 specialists to discuss the impact of data analysis on sustainability and social responsibility.

Sources

yesterday 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.

Sources

yesterday 11:29

Froneri, one of the largest ice cream producers in the world, takes over Alpin, a brand also present in the Romanian market.

Sources

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