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Danish drugmaker Novo Nordisk briefly dethroned LVMH on Friday to become Europe's most valuable listed company, ending the French luxury goods group's two-and-a-half-year dominance, according to Reuters.

• A study carried out by the British think-tank New Economics Foundation shows that at the moment only 4 EU states can meet the targets set by the European Commission regarding combating climate change, by increasing the financing of green...  

The position of Janusz Wojciechowski, the European commissioner for agriculture, who recently said that the ban on grain and agri-food imports from Ukraine should be extended until the end of the year, prompted a response from the European...

I find it opportune to shed light on the enduring relationship between the Islamic Republic of Iran and Romania.

The management of CFR Călători will have three of the five members of the Disciplinary Council, which will judge the appeals of the railway staff to the sanctions applied, according to the future operating regulations, cited by the Club Feroviar...

The hot summer seems to have directed Romanians more towards the mountains than the seaside, with people primarily preferring cooler areas over beaches.

A trend of continuous growth is being observed in the demand for rental housing on the national level, making it one of the largest and most dynamic markets, according to experts at Imobiliare.ro. They state that tens of thousands of apartments...

Bucharest has experienced one of the most significant increases in office space rents in Europe over the past 12 months (June 2023 compared to June 2022), according to a press release from Cushman & Wakefield Echinox.

• The seven Pilon II funds had invested 4.7 billion lei in shares of the energy producer 

• The degree of loading of the production capacities of IAR Braşov was 103%, in the middle of the year, according to the company. 

• The Romanian company VEGO Holdings will soon launch the RENDA platform that will automate a wide range of processes through AI • By automating the processes within the company, VEGO employees will switch from today to a 4-day work week  

The losses that the Bank of England (BoE) will record from the bonds it bought to support the United Kingdom's economy after the financial crisis will be "much higher than expected by the middle of the decade", estimates Deutsche...

A team of experts from the European Commission is in our country today and tomorrow to discuss increasing the transport capacity of Ukrainian goods on the Danube to the port of Constanţa.

The acquisition of length of service, necessary for retirement at the age limit, has been extended until the end of 2024, according to an emergency ordinance approved yesterday by the Government, the Ministry of Labor and Social Solidarity...

Christine Lagarde was invited to the Federal Reserve's annual conference in Jackson Hole presumably to be terrorized by Jerome Powell.

• Overall, inflation in Europe's biggest economy slowed this month 

The 2.3 billion euro reduction of the European Union budget for next year proposed by the representatives of the member states was rejected, yesterday, by the members of the Budget Committee of the European Parliament, according to Euractiv.

The manufacturer of induction heating installations Aages Târgu Mureş (AAG) reported, for the first six months of this year, operating revenues of 21.2 million lei, 10.3% below those of the first quarter of last year, while that the global net...

• In the previous report, Erste had a price target of 20.9 lei • Analysts of the financial group changed the recommendation from "Buy" to "Hold", for the titles of the medical services provider. 

• In the spring, the company sold the Venus Complex in Eforie Nord for four million euros " • The predominant activity actually carried out in the first semester of 2023 was the rental of real estate", the report states. 

The fiscal changes that the Government would like to approve in the next period to reduce the state deficit are not consistent with the data on the 5% decrease in consumption - a decrease that started as early as May - and with the expectations...

The delayed projects, which are at risk of not being implemented in the three years in which we have to complete the implementation of the PNRR, would be moved to the programs of the Cohesion Policy, in order to benefit from a three-year extended...

A possible increase by the Government of the value added tax in tourism would take us out of the European profile market, said yesterday, Dumitru Luca, the president of the National Association of Tourism Agencies (ANAT), during a press...

• Marcel Boloş asked the Commission to accept a deficit target of 5.5% of GDP, above the assumed target of 4.4% 

• Ovidiu Şerdean, IFB Finwest: "For the listing of Fondul Proprietatea's holdings, in some cases, it depends on the political decision" 

• Shares of the mining company are up more than 160% since debut 

Bloomberg recently wrote that European officials are concerned that President Joe Biden could "nundge" Ukraine toward peace talks next year.

The accession of the Republic of Moldova to the European Union and the reception of our country in the Schengen Area are two of Romania's foreign policy priorities, declared President Klaus Iohannis, yesterday, at the opening of this...

• The damage claimed by ANI amounts to 18,720 lei • The penalty provided by the Criminal Code for the conflict of interest is imprisonment from 1 to 5 years and the prohibition of holding a public office  

Employees from the local public administration and social assistance protested, yesterday, in front of the Government headquarters, dissatisfied with the measures to reorganize the public system announced, a month ago, by Prime Minister Marcel...

The US Air Force wants to purchase 2,000 XQ-58A Valkyrie fighter jets that would be piloted by Artificial Intelligence, according to the press from New York, Washington and London (The New York Times, The Times, Business Insider) which states...

Yesterday, the European Commission approved the allocation of over 52 million euros from the European Regional Development Fund, for the purchase by the Railway Reform Authority in our country of 37 electric trains for 13 national interregional...

The Crevedia case could have been avoided, but the authorities did not want to; a deliberate assassination took place here. Thus, the Crevedia disaster, from the end of last week, gave us a new complete picture of what a failed state means.

• Seasonal trends, high interest rates and rising bond yields explain the declines, according to Business Insider • Nvidia defied the trend of the big names in technology, according to the American publication. 

• For electric minibuses, town halls that do not have charging stations will also benefit from the necessary funding for setting up such a station • Amounts are allocated by AFM, per county, depending on the number of students. 

The volume of global trade registered an annual decrease of 2.5% in June 2023, after a decline of 2.1% in the previous month and 0.8% in April 2023, according to the latest World Trade Monitor report from the Dutch institute CPB ( www.cpb.nl)....

• The world's second-largest economy is already facing a number of problems, including deflation, record youth unemployment and a housing crisis, according to the US publication 

September is statistically the weakest month of the year for financial markets, according to eToro analysts. They highlight that investors turned their attention to the Jackson Hole symposium over the weekend, seeking clues from central bankers...

• Russian companies in all industries complain about the lack of labor • Bloomberg: Probability of a recession in Russia in the next six months - between 21% and 40% • Problems on the mortgage market • Russian authorities continue to nationalize...  

September is starting this week and statistically this is the weakest month for the financial markets. Investors were looking to the Jackson Hole symposium over the weekend in search for clues from central bankers on how they see the state of the...

The decrease in the number of building permits was predictable in the given context (high inflation, high bank interest rates), the representatives of iO Partners - JLL Preferred Partner in Romania told us, specifying that the majority of...

The European Commission has selected 107 transport infrastructure projects that will benefit from EU grants totaling more than 6 billion euros from the Connecting Europe Facility (CEF), the EU instrument for strategic investments in transport...

The Minister of Justice, Alina Gorghiu, sent a guideline to the general prosecutor, Alex Florenta, regarding the intensification of the activity of the Public Ministry in terms of combating drug trafficking and consumption.

• China will overtake the United States as the world's largest economy around 2035, Goldman estimates 

USR president, deputy Cătălin Drulă, former Minister of Transport and Infrastructure, proposes to the PSD-PNL parliamentary majority the implementation of several measures in the new session of the Legislature, which will lead to an increase in...

Xu Shihui, the billionaire chairman and chief executive of Dali Foods Group Co., won shareholder approval for a $6.5 billion takeover of the company, and Thursday was the last trading session for the Chinese food giant's shares, which debuted...

Nicuşor Dan, the general mayor of the capital, registers large arrears, according to a document published by G4Media, regarding the fulfillment of the objectives set by the PNL in February 2023, objectives through the prism of which the liberals...

The government wants to subsidize with 2 lei per liter half of the fuel consumption of farmers last year, to which the excise subsidy of 1.56 lei will be added, Florin Barbu, the Minister of Agriculture and Rural Development.

The government will carry out two budget corrections this year, the first to be in September, according to sources from the Executive quoted by DC Business.