Economy news

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10 July 10:45

Thousands of workers in India have staged a nationwide strike against Prime Minister Narendra Modi's efforts to privatize state-owned companies.

Sources

10 July 10:24

Moody's sees the government's recent fiscal measures as an important step, but any deviation from the plan could affect Romania's sovereign rating.

Sources

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10 July 10:17

GDP was stagnant in the first quarter of 2025, but was up 0.3% from the same period in 2024, according to the NSI.

Sources

10 July 09:10

Merck has announced the acquisition of Verona Pharma for 10 billion dollars, strengthening its portfolio of respiratory treatments.

Sources

10 July 08:56

Ursula von der Leyen has announced that the EU is working with the Trump administration on a trade deal, but is also preparing for different scenarios.

Sources

10 July 08:46

Tesla has begun expanding its robotaxi service in Austin, Texas, following an initial test. Musk has announced plans to expand to other cities.

Sources

10 July 08:05

Romania's GDP was unchanged in real terms in the first quarter of 2025, but grew by 0.3% from a year earlier.

Sources

10 July 07:48

Oil prices rose due to high demand for gasoline in the US, attacks on merchant ships and expectations of lower crude oil production.

Sources

10 July 07:40

27 large Tesla shareholders call for an urgent annual general meeting, warning of legal risks and lack of transparency.

Sources

10 July 05:04

Finance Minister Alexandru Nazare announced a bond issue with high demand, highlighting Romania's economic stability and the success of the fiscal package.

Sources

9 July 19:05

Nvidia has reached a market value of $4 trillion dollars, becoming a leader in AI technology, with a steady share growth.

Sources

9 July 14:12

Oliviu Matei, founder of HoliSun, is active in IT, HoReCa and medical services, combining entrepreneurship with his academic career.

Sources

9 July 13:46

EU soft wheat exports are down 35% on last year, with Romania the biggest exporter.

Sources

9 July 12:33

In the first six months of 2025, home sales fell by 3.4% nationally, and by 7.9% in Bucharest and Ilfov.

Sources

9 July 10:24

The 3-month ROBOR index fell to 6.84% and the 6-month ROBOR to 6.9%, reflecting improved liquidity in the market.

Sources

9 July 08:35

More Romanian companies are considering moving their tax residence to countries such as Bulgaria or Cyprus, but tax risks remain.

Sources

9 July 07:50

Oil prices rose, buoyed by higher demand and a lower US production estimate, despite fears of tariffs.

Sources

9 July 07:18

European markets closed in the green, ignoring Trump's tariff threats, as investors were optimistic about a possible EU-US trade deal.

Sources

9 July 06:50

Retailer Shein has filed a preliminary prospectus for a listing on the Hong Kong stock exchange after setbacks in getting approvals for London.

Sources

9 July 05:10

The Council of EU finance ministers has set thresholds for Romania's net spending, calling for effective action by October 15, 2025.

Sources

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