General Interest
OMV Petrom’ S1 numbers – an Econ 101 lesson for Gov’t
OMV Petrom announced a net profit of 1.21 billion lei in the first half of this year, nearly three times…
NBR sees a higher inflation but doesn’t change its key interest rate
The annual inflation rate followed a steeper upward trend in June 2017, standing at a higher-than-forecasted 0.85 percent, against 0.64…
WGC: Global demand for gold drops 14 percent in first half of 2017
Global demand for gold fell 14 percent in the first half of this year due mainly to a sharp decline…
The total value of transactions on BSE increased by 22 percent in July
The total value of transactions on the Bucharest Stock Exchange increased by 22% last month compared to June 2017 and…
Price cap still possible, government warns energy companies
Ofgem told to act fast to safeguard poorer households after British Gas announces 12.5% electricity price rise The government has…
Germany recalls Porsche Cayenne models over emissions software
German Transport Minister Alexander Dobrindt on Thursday announced a recall of Porsche Cayenne models equipped with 3-litre diesel engines after…
BVB: Romania champions growth among frontier markets as returns exceed 40%
Romania ranks first among world’s Frontier Markets considering the growth of the returns in US dollars, which have exceeded 40…
FP: Extending Hidroelectrica’s Board mandates generates a risk of corruption
Fondul Proprietatea (FP) announced it opposes the extension proposed by the Energy ministry of the mandates of the current Hidroelectrica…
Energy companies, among the least affected by digitalisation in Romania
Almost 67% of Romania’s energy and utilities companies say they will not undergo transformations due to the digitization, while 33%…
GE profit slumps by 60%, investors await new CEO’s targets
General Electric Co’s (GE.N) profit fell nearly 60 percent in the second quarter and it put off an expected “reset”…
Siemens retreats from Russian energy after Crimean scandal
Germany’s Siemens tried to distance itself from a Crimean sanctions scandal on Friday, halting deliveries of power equipment to Russian…