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publicat 2024-11-20 00:00:07 (Bursa)
Ukraine and #39;s economy grew by 4.2% in the first ten months of 2024 compared to the same period in 2023, thanks to the construction, transport and manufacturing sectors, the country and #39;s Economy Ministry announced, ACCORding to kyivindependent.com.
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Global Wealth Distribution: US Home to Most Dollar Millionaires
publicat 2024-11-19 00:00:10 (Bursa)
The distribution of personal wealth varies significantly across the world and #39;s regions, reflecting economic disparities driven by differences in development, resource availability and access to finance, ACCORding to an analysis by visualcapitalist.com.
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Vinted rules out listing for now
publicat 2024-11-18 00:00:18 (Bursa)
Vinted, Europe and #39;s largest online marketplace for second-hand clothing, is ruling out an initial public offering (IPO) for now as it focuses on expanding beyond fashion, ACCORding to Bloomberg.
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Revenue and profit down for Comelf at the end of September
publicat 2024-11-15 00:00:14 (Bursa)
The manufacturer of equipment and machinery for the energy industry Comelf Bistrita (CMF) obtained, in the first three quarters of the year, operating revenues of 128.9 million lei, 8.5% below those of the same period last year, while the profit net was 2.3 million lei, down 8.2%, ACCORding to the company and #39;s report published yesterday on the website of the Bucharest Stock Exchange (BVB).
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Japan, the country with the highest government debt to GDP
publicat 2024-11-15 00:00:14 (Bursa)
The public debt/GDP ratio is a key indicator of a country and #39;s financial health, providing insight into a government and #39;s ability to manage its debt, while also shaping the flexibility of fiscal policy and playing a crucial role in influencing investor confidence, ACCORding to an analysis by visualcapitalist.com.
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Aages - profit increasing by 62% in the first six months of the year
publicat 2024-11-15 00:00:14 (Bursa)
* The company and #39;s stock has appreciated nearly 90% in 2024
The manufacturer of induction heating installations Aages Targu Mures (AAG) achieved, in the first nine months of the year, a net profit of 7.1 million lei, 62% more than in the same period last year, while operating revenues amounted to 43.5 million lei, up 36.5%, ACCORding to the company and #39;s report published yesterday on the website of the Bucharest Stock Exchange (BVB).
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Zentiva starts the procedure for the withdrawal of minority shareholders from the company
publicat 2024-11-15 00:00:14 (Bursa)
* The drug manufacturer delists from the BVB
The Financial Supervisory Authority (ASF) gave the green light to the approach of the Czechs from Zentiva Grup regarding the withdrawal of the minority shareholders from Zentiva SA, ACCORding to a report of the market supervisor published yesterday on the website of the Bucharest Stock Exchange (BVB).
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Zalando: Romanian consumers want a personalized and innovative shopping experience
publicat 2024-11-14 00:00:14 (Bursa)
*Product selection, quality and brands are key factors in choosing online fashion stores
Romanian consumers are increasingly looking for a richer, more personalized and innovative online shopping experience when buying fashion items, shoes and accessories, ACCORding to a study commissioned by German retail company Zalando.
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The hidden cost of global food: $12 trillion annually
publicat 2024-11-12 00:00:25 (Bursa)
The world and #39;s agri-food systems generate huge hidden costs, estimated at $12 trillion per year, ACCORding to a report by the Food and Agriculture Organization of the United Nations (FAO).
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Trump and #39;s voters elected him to change the economic situation
publicat 2024-11-12 00:00:25 (Bursa)
'It and #39;s about the economy, stupid,' the slogan coined by political strategist James Carville during Bill Clinton and #39;s successful 1992 presidential campaign, still rings true more than 30 years later, ACCORding to a statista.com analysis that notes that this slogan pretty well reflects why Democrat Kamala Harris lost the recent US presidential election.
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The BNR revised upward the inflation forecast for the end of the year
publicat 2024-11-12 00:00:22 (Bursa)
* Isarescu: 'We know that a fiscal-budgetary correction will follow, an adjustment that will also lead to an external adjustment'
* 'We expect a coherent correction program; any adjustment means belt tightening,' ACCORding to the governor
* 'It is not the problem of the deficit as such that is acute, but its dynamics, because we always talk about the decrease, but it is increasing', said Isarescu
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The devastating cost of extreme weather events: over $2 trillion
publicat 2024-11-12 00:00:22 (Bursa)
*Global economy severely affected by climate change
Weather events generated by climate change continue to cause major damage to the global economy, with a total cost of more than $2 trillion over the past decade, ACCORding to a report by the International Chamber of Commerce (ICC).
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Scandal at Transelectrica: union representation or personal interest?
publicat 2024-11-12 00:00:22 (Bursa)
Transelectrica employees are currently waiting for the initialing of the new collective labor agreement (CCM) at the company level for the next two years, with the hope that they will round off their salary income, given the consistent annual profit of the company with majority state capital, a listed company at the Bucharest Stock Exchange, ACCORding to sources within the company
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Military crisis in Europe: although allocated budgets are increasing, defense remains fragile
publicat 2024-11-11 00:00:12 (Bursa)
*The allocation for military personnel has decreased from 60% to 40% of the defense budgets of European NATO member states, ACCORding to a study carried out by the IISS
*The decrease in this allocation has led to a reduction in the number of military personnel
*Lack of qualified personnel in many European armies risk affecting the ability to fulfill NATO obligations
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Sources: Drug maker Apotex prepares for IPO
publicat 2024-11-11 00:00:12 (Bursa)
Canadian generic drug maker Apotex Inc. is making plans for a potential initial public offering (IPO) next year, ACCORding to sources close to the situation, cited by Bloomberg.
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Private planes, in first place in the top polluters per passenger
publicat 2024-11-11 00:00:12 (Bursa)
The amount of CO2 emitted by private planes increased by 46% in 2023 compared to 2019, ACCORding to a study published in the journal Communications Earth and Environment, cited by the German publication Zeit.
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Russia - at the top of the world ranking of natural resources, with 75 trillion dollars
publicat 2024-11-11 00:00:12 (Bursa)
Natural resources are the backbone of modern industry, needed to produce everything that surrounds us, ACCORding to a visualcapitalist.com analysis, which highlights a Top 10 countries in terms of the estimated value of these resources.
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Political crisis in Germany: Olaf Scholz breaks the governing coalition because of Ukraine and asks for the support of the Bundestag
publicat 2024-11-08 00:00:13 (Bursa)
In a context of economic uncertainty and growing political tensions, the Chancellor of Germany, Olaf Scholz, made an unexpected move: the dismissal of the Minister of Finance, Christian Lindner, a decision that means the rupture of the governing coalition formed by the SPD (Social Democratic Party), the FDP ( Free Democratic Party) and the Greens, leading to a wave of political instability in one of Europe and #39;s strongest economies, ACCORding to...
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BVB - revenues and profit down, in the first nine months of the year
publicat 2024-11-08 00:00:13 (Bursa)
* Last year, the Hidroelectrica offer took place, which massively raised the financial indicators of our capital market operator
The Bucharest Stock Exchange (BVB), the operator of our capital market, achieved a consolidated net profit of 10.4 million lei in the first nine months of the year, 52% below that of the same period last year, while operating revenues were 57.3 million lei, down 4%, ACCORding to the issuer and #39;s report published yesterday...
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Trump and #39;s victory: reactions from Europe, Asia and the Middle East
publicat 2024-11-07 00:00:13 (Bursa)
Political leaders around the world reacted quickly to Donald Trump and #39;s victory in the US presidential election, with reactions varying significantly ACCORding to political orientations and national interests specific to each country.
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Report: Elon Musk - X central to facilitating spread of misinformation
publicat 2024-11-06 00:00:17 (Bursa)
Billionaire Elon Musk and #39;s false or misleading claims about the U.S. election have racked up 2 billion views on social media platform X this year, ACCORding to a report by the nonprofit Center for Countering Digital Hate, Reuters reports.
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The cost of the 'American dream' in 2024: $4.4 million
publicat 2024-11-06 00:00:17 (Bursa)
The rising cost of living is making the 'American dream' increasingly difficult to achieve today, ACCORding to an Investopedia analysis, picked up by visualcapitalist.com, which highlights that while pandemic-driven wage growth has boosted real incomes, it has come after five decades of limited wage increases.
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American officials, prepared to combat disinformation
publicat 2024-11-06 00:00:17 (Bursa)
American officials are expecting a wave of misinformation and contestations in connection with the presidential elections held yesterday in the US, ACCORding to NBC News, which also shows that dozens of lawsuits have been opened in recent days - many of them frivolous - and that various domestic and foreign influencers they spread false accounts of election fraud, while Trump claimed the election would be rigged to his detriment.
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Orsova Naval Shipyard concluded two contracts of 8.6 million euros, for the delivery of two ships in the Netherlands
publicat 2024-11-06 00:00:17 (Bursa)
* This year the company concluded four more contracts, for the construction of four ships worth 14 million euros
The Orsova Shipyard (SNO) concluded two contracts for the construction and delivery of two river vessels to the Dutch company Rensen-Driessen Shipbuilding, worth 8.58 million euros, ACCORding to a report of the issuer published on Friday on the Stock Exchange website of Bucharest Stock Exchange (BVB).
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Singapore - the most ready country to adopt AI
publicat 2024-11-05 00:00:08 (Bursa)
Artificial intelligence (AI) is set to dramatically transform the global economy, revolutionizing everything from labor markets to digital infrastructure and supply chains, ACCORding to a visualcapitalist.com analysis.
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UBS: Systemically important banks have sufficient capital
publicat 2024-11-04 00:30:12 (Bursa)
Banks deemed too big to fail are sufficiently capitalized, Swiss banking group UBS AG CEO Colm Kelleher said, as his bank seeks to avoid regulations currently taking shape in Switzerland that would could affect business, reports Reuters, ACCORding to Agerpres.
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Romradiatoare Brasov is making a loss, after the first nine months of the year
publicat 2024-11-01 00:00:11 (Bursa)
* Mircea Lucescu, the national football coach of our country, owns 16% of the company based in Brasov
Romradiatore Brasov (RRD), a company controlled by Transilvania Investments (TRANSI) in which the coach of the Romanian football team, Mircea Lucescu, has a 16.5% stake, reported for the first nine months of the year, total revenues of 20.2 million lei, 12% below those of the same period last year, and a loss of 0.01 million lei, compared to a profit of 0.8 million lei at the end of September...
...continuare.
Low-cost flights to New York, negotiated by Israel and #39;s high-tech industry with airlines
publicat 2024-11-01 00:00:11 (Bursa)
Affected by the shortage of direct flights between Tel Aviv and New York and the increased prices of tickets issued by airlines, companies in the high-tech sector in Israel are currently negotiating with three air transport operators to launch more seasonal flights to New York, for the period January-March 2025, ACCORding to an article published by the Calcalist website.
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The third year of a presidential term brought the best performance for the S and P 500
publicat 2024-10-31 00:00:07 (Bursa)
In US history, the third year of a presidential term has been the most favorable for the US stock market, which may be due to policies adopted in those years to stimulate the economy ahead of the next election, ACCORding to an analysis visualcapitalist.com, based on PinPoint Macro Analytics data.
...continuare.
Xi Jinping is preparing a 'blockade' against Taiwan: the scenario played out at the 'Joint Sword-2024B' exercise
publicat 2024-10-31 00:00:07 (Bursa)
In a show of force involving more than 125 aircraft and 34 naval and coast guard units, China and #39;s recent military exercises around Taiwan offer clues about Xi Jinping and #39;s plans to force the island and #39;s reunification with the People and #39;s Republic of China (PRC ) through a 'blockade' (maritime quarantine ACCORding to Beijing authorities) in that area, ACCORding to an article published on the...
...continuare.
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