CĂUTARE (382)

The Board of Governors of the European Central Bank (ECB) decided, yesterday, to reduce the reference interest rate by 0.25%, marking a new step towards the moderation of the restrictive monetary policy, according to a press release issued by the...

Oil prices fell earlier this week to a level not seen since December 2021 after Brent crude fell 8% last week, according to Business Insider.

The last month of summer was marked by a series of government decisions that continued to deepen the budget deficit, which - according to the budget execution for the first seven months published by the Ministry of Finance at the end of August -...

Russia's economy is showing solid growth in many sectors while unemployment remains at a record low, statistical data released Wednesday showed, prompting Moscow officials to advance an upbeat outlook for the full year despite Western...

The Secretary General of the United Nations, Antonio Guterres, raised the alarm about the major problems facing the planet. Antonio Guterres has issued a global climate "SOS". The Pacific Islands Summit organized by the United Nations...

The eurozone economy made an unexpected advance in August as the boost from the Paris Olympics boosted the private sector to its best performance in three months. According to data published by Bloomberg, the Purchasing Managers' Index (PMI)...

Nature is increasingly difficult to control. Sydney, Australia's flagship city, is "vulnerable" to rising ocean levels in the context of global warming, according to a new government report. The state of New South Wales, where the...

The International Energy Agency (IEA) yesterday kept its forecast for global oil demand unchanged in 2024, but downgraded estimates for 2025, citing the impact of Chinese consumption, according to Reuters.

• "The inflation forecast does not look bad, but two words abound in the BNR press release - risks and uncertainties" 

The middle of the calendar summer constituted a real challenge for the national energy system, in view of the increase in electricity consumption due to a prolonged period of 10 consecutive hot days, when temperatures of over 40 degrees in the...

The share of new full-electric passenger cars among registrations reached 14.6% in 2023, marking a continuation of the rapid increase in the adoption of electric vehicles in the EU, Eurostat said in a press release issued at the end of last week....

Wildfires are spreading more and more across the globe. Spain entered this unwanted map. Hundreds of firefighters assisted by water-bombing aircraft are struggling to bring under control two wildfires that have been raging in eastern Spain since...

Russia has eased restrictions on capital movements, introduced to stop the significant depreciation of the ruble, Reuters reports.

U.S. investment bank Oppenheimer raised its year-end forecast for the S&P 500 to 5,900 from a previous estimate of 5,500, up about 6 percent from earlier in the week, according to an article published by Business Insider.

Banca de investiţii americană Oppenheimer şi-a majorat previziunea aferentă finalului de an pentru indicele S&P 500 la 5.900 de puncte, faţă de 5.500 de puncte cât era estimarea anterioră, cu circa 6% peste cotaţia de la începutul săptămânii,...

Tourism is facing problems related to the heat wave and its effects. Greece, a country that fears devastating fires this summer, has already suffered "more than twice as many" fires in June than in the same month of 2023 due to...

The sale of full-electric cars will continue to decrease compared to last year, due to subsidies cut in half, said yesterday Dan Vardie, the president of the Association of Manufacturers and Importers of Automobiles (APIA), during a press...

The Board of Directors of the National Bank of Romania decided on Friday July 5, 2024 decrease in the monetary policy interest rate to 6.75% per annum, from 7% per annum, starting from July 8, 2024, decrease in the interest rate for the credit...

Romanians spent euro36 billion in large retail chains, an amount 11% higher compared with 2022, out of which the FMCG spending accounted for euro22.5 billion euros (more than 60% share), according to the Romania Retail Snapshot 2024 performed by...

Interest in technology and mobile data consumption are at an all-time high. Growth is steady and by the end of this decade it will reach record numbers. The number of 5G subscriptions, globally, should reach almost 5.6 billion by the end of 2029,...

The fact that we are in an election year does not influence the monetary policy decisions of the National Bank of Romania (BNR), which has proven to be independent, believes Lucian Anghel, Deputy CEO at Libra Internet Bank.

The heat wave takes all the continents by storm. Vast regions of the central and eastern United States are bracing for a sweltering heat wave this week, with temperatures expected to be unusually high for June. "Temperatures will rise from...

The world is meteorologically in a transitional phase. The probability that the La Nina weather pattern, characterized by low temperatures in the Pacific Ocean, will develop between July and September is 65%, a US government weather agency...

Raiffeisen Bank changes the recommendation for Conpet shares (COTE) from "Hold" to "Sell" and lowers the price target for the oil product transporter's shares to 80 lei in the next twelve months, 9% below yesterday's...

Against the backdrop of agreements with OPEC+ participants, Russia adjusted its forecast for oil production in 2024 to 505-515 million tons - 3-5% less than the previous year, with the new estimated production being at the level of 2020, the...

The regulated tariff for Transelectrica's system service increased by 40% starting this month, following an ANRE order published at the end of May, according to a report of the electricity carrier published on the website of the Bucharest...

During May, the government continued to make chaotic decisions regarding budget expenditures, although the deficit after the first four months of the current year stood at 3.24% of the Gross Domestic Product, i.e. a minus of 57.29 billion lei...

In May, Ukraine set a new record for the amount of sugar exported in a single month, 108,000 tons, of which 65% went to the EU and 35% to other countries, the acting president of The National Association of Sugar Producers of Ukraine (Ukrsugar),...

Glissando Garden Center, a company specialized in the trade of flowers, plants, gardening articles and plant protection products, is listed today on the AeRO Market, according to an announcement by the Bucharest Stock Exchange (BVB).

Implementarea soluţiilor de inteligenţă artificială (AI) în companiile din România a cunoscut o creştere importantă în ultimul an, stimulată de evoluţiile tehnologice şi de nevoia de optimizare a proceselor interne şi externe. Această tendinţă...

The world is preparing for a summer with record temperatures. Signals are clear and coming from multiple areas. Finland recorded an unusually warm month, with temperatures exceeding 25 degrees Celsius, a record for this country, the Finnish...

The widening cost of living crisis and rising inflation in recent years have made many households wary of their bank balances, and this sentiment is particularly pronounced in Greece, according to survey data by Consumer Insights Statista.

Extreme natural phenomena multiply and increase in intensity. The 2024 North Atlantic hurricane season, which is expected to begin this week, is shaping up to be "extraordinary" and could include four to seven Category 3 or greater...

The National Bank of Romania is trying to gradually reduce inflation without disrupting the economy and creating a recession, Governor Mugur Isărescu said yesterday, during the conference where he presented the "Quarterly Report on...

Robusta coffee futures hit a new record high on the London Stock Exchange on Friday, amid fears that the poor harvest will cause a shortage of coffee beans, according to Bloomberg.

Crude oil futures fell in foreign markets yesterday as lingering US inflation dampened interest rate cut optimism. However, stock market quotes are holding close to six-month highs as investors consider a potential attack on Israel by Iran,...

Luxembourg, the financial services capital of Europe, has the highest average hourly wage (47 euros) on the continent, and is also the country with the highest GDP per capita in the region, according to a visualcapitalist.com analysis, which...

With an index of 49 points out of a possible 100 for the first semester of 2024, Romanian entrepreneurship is below the threshold of emergence, according to the work carried out by the National Council of Small and Medium-sized Private...

The spot price of gold reached a new record level yesterday, on foreign markets, against the background of expectations related to the interest rate cut by the US central bank (Federal Reserve - Fed), but also of geopolitical tensions and solid...