BET
11924.7
1.65%
BET-TR
23194.59
1.65%
BET-FI
50127.35
0.55%
BETPlus
1779.36
1.58%
BET-NG
883.96
0.71%
BET-XT
1042.6
1.5%
BET-XT-TR
2015.11
1.5%
BET-BK
2221.28
1.44%
ROTX
26759.92
1.53%


English section

US Non farm payrolls rose by 263,000 in November, more than expected despite Fed rate hikes

The US economy added 263,000 jobs in November, ahead of the 200,000 consensus estimate, even when accounting for a 23,000 downward revision to the past couple of months of data.
Author: Financial Market
Timp de citit: 2 minute

Eurozone inflation comes down to 10% in November

Inflation dropped more than expected from 10.6 to 10% in November, mainly on energy price developments while core inflation remained stable at 5% though
Author: Financial Market
Author: Article based upon analysis from Reuters Breakingviews
Timp de citit: 2 minute

Even if the pay hits a plateau, working in private equity still beats investment banking

Unfavorable market conditions marked by rising interest rates and volatility from geopolitical tensions such as the Russia-Ukraine war have prevented private equity firms, including Carlyle, from cashing out investments for top dollar.
Author: Article based upon analysis from Reuters Breakingviews
Author: Financial Market
Timp de citit: 2 minute

Raiffeisen Bank placed a new issue of sustainable bonds in local currency

Raiffeisen Bank S.A. successfully placed on Friday, November 25, a new issue of corporate bonds in RON, being the fourth non-preferential senior bond issue out of the bank’s six eligible bond issues.
Author: Financial Market
Author: Article based upon analysis from Reuters Breakingviews
Timp de citit: 2 minute

The more Beijing officials struggle to be in control, the more they lose it

Protests in China intensify, while new Covid cases exploded to over 40,000 on Sunday. Officials in Beijing are now facing interrelated economic, health, and political crises.
Author: Article based upon analysis from Reuters Breakingviews
Author: Financial Market
Timp de citit: 8 minute

Santa Claus Rally? – Here are 10 companies to look for

Santa Claus rally – a phenomenon in the stock market, which for many traders has woven a successful Christmas, and with a bit of luck – even spent in some exotic corner in pleasant company.
Author: Financial Market
Author: Article based upon analysis from Reuters Breakingviews
Timp de citit: 2 minute

The two main tools in curbing price hikes, less effective for U. S. than UK

When fighting inflation, what works for some is of little or no use for others. If prices go up due to supply bottlenecks, increasing the key interest rate could prove as unusefull as cutting an apple in half for the same purpose.
Author: Article based upon analysis from Reuters Breakingviews
Author: Financial Market
Timp de citit: 4 minute

Leonardo Badea (BNR): Financial education – strengthening the resilience of the population and financial stability in the context of overlapping crises

The current context is still dominated by a series of overlapping crises. As the effects of the COVID-19 pandemic appear to be gradually diminishing throughout Europe and the US, they remain high in China and continue to affect a significant part of supply chains
Author: Financial Market
Author: Article based upon analysis from Reuters Breakingviews
Timp de citit: 2 minute

Indonesian nickel is making China’s Lygend Resources hungry for a successful IPO

Price of nickel jumped 20% since the beginning of the year, bringing very healthy profits for companies in the field. Take China’s Lygend Resources & Technology for example, who’s bottom line grew to 2.3 billion yuan in the first half of 2022.
Author: Article based upon analysis from Reuters Breakingviews
Author: Financial Market
Timp de citit: 2 minute

Zoom growth slows down from it’s peak while guidance disappoints investors

Zoom Video Communications, the rockstar company during the pandemic has lost more than 80% of its market capitalization since its peak in mid-2020.
Author: Financial Market
Author: Financial Market
Timp de citit: 3 minute

Eurozone economic contraction eases in November, price pressures cool

The seasonally adjusted Eurozone PMI Composite Output Index rose from 47.3 in October to 47.8 in November, according to the preliminary ‘flash’ reading based on approximately 85% of usual survey responses.
Author: Financial Market
Author: Article based upon analysis from Reuters Breakingviews
Timp de citit: 2 minute

Coinbase struggles to alleviate contagion from FTX collapse

Bonds issued by cryptocurrency exchange Coinbase have slumped as investor confidence in the industry slid in the wake of FTX’s collapse.
Author: Article based upon analysis from Reuters Breakingviews
Author: Financial Market
Timp de citit: 2 minute

CAPEX.com Announces In-Principle Approval of Crypto Trading License

CAPEX.com announced today that it has received the In-Principle Approval to operate a cryptocurrency trading license in Abu Dhabi. It is not the first time the brand has received a vote of confidence from ADGM (Abu Dhabi Global Market), as it has been developing its strong MENA region presence since 2019.
Author: Financial Market
Author: Article based upon analysis from Reuters Breakingviews
Timp de citit: 2 minute

Agreement for loss and damage fund, the key takeaway from COP27

Creating a specific fund for loss and damage marked an important point of progress, to what otherwise would have been a flop at recently ended COP27.
Author: Article based upon analysis from Reuters Breakingviews
Author: Financial Market
Timp de citit: 4 minute

Companies that have a chance to profit from the FIFA World Cup

The FIFA Qatar 2022 World Cup is scheduled to run from November 20 to December 18 this year. In the stadiums and in front of TVs we will be accompanied by football emotions, while on the screens of trading platforms the impressions will not be any less.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

Siemens reported strong revenue growth for fiscal year 2022. Net income more than doubled

Siemens delivered strong performance in fiscal year 2022 that ended at 30 september, with a record-high profit of more than €10 billion in Industrial Business.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

Ipopema Securities recommends BUY for Impact Developer & Contractor. Upside 36% as of today

Polish broker Ipopema Securities sees a 36% upside for Impact shares (Impact Developer & Contractor) after releasing financial results for the last quarter of 2022.
Author: Financial Market
Author: Article based upon analysis from Reuters Breakingviews
Timp de citit: 2 minute

Global coordination may prove the most challenging aspect of regulating crypto

When your cryptocurrency exchange is based in the Bahamas or has no headquarters at all, chances of reclaiming your money are slim.
Author: Article based upon analysis from Reuters Breakingviews
Author: Article based upon analysis from Reuters Breakingviews
Timp de citit: 2 minute

Alphabet is under pressure to axe the workforce and other costs

British billionaire Chris Hohn called on Google parent Alphabet to get in line with other big tech companies in terms of layoffs and pay cuts.
Author: Article based upon analysis from Reuters Breakingviews
Author: Financial Market
Timp de citit: 2 minute

Cisco reported a 6% increase in revenue, upon easing supply situation

Cisco Systems reported third quarter (Q1 FY2023) results that beat analysts’ expectations and lifted its guidance for fiscal 2023.
Author: Financial Market
Author: Financial Market
Timp de citit: < 1 minute

Walmart reported strong revenue growth for the third quarter with strength across all business segments

Walmart, the world’s largest retailer, reported strong revenue growth globally, with strength in Walmart U.S., Sam’s Club U.S., Flipkart, and Walmex.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

Salt Edge expands its Open Banking offering to the Saudi Arabia market

Salt Edge, a global Open Banking pioneer, has announced its expansion to the Kingdom of Saudi Arabia, aiming to help banks and other financial institutions to bring innovative solutions to the market and contribute to the Kingdom’s efforts toward the digital rise of technologies via Open Banking.
Author: Financial Market
Author: Financial Market
Timp de citit: 3 minute

Infineon Technologies reported strong fourth quarter and full year financial results

Group revenue grew by €525 million or 15 percent to €4,143 million in the fourth quarter of the 2022 fiscal year, compared with €3,618 million in the previous three-month period.
Author: Financial Market
Author: Financial Market
Timp de citit: < 1 minute

The Eurozone economy expanded 0.2% in the third quarter

In the third quarter of 2022, seasonally adjusted GDP increased by 0.2% both in the euro area and in the EU, compared with the previous quarter, according to a flash estimate published by Eurostat, the statistical office of the European Union. In the second quarter of 2022, GDP had grown by 0.8% in the euro […]
Author: Financial Market
Author: Article based upon analysis from Reuters Breakingviews
Timp de citit: < 1 minute

With little knowledge about tech, Buffet dives into semiconductors market

Put an underevaluated stock that’s at the ground and the prospects of semiconductors market together, and you can easily understand one of the most recent business decisions of Warren Buffett.
Author: Article based upon analysis from Reuters Breakingviews
Author: Article based upon analysis from Reuters Breakingviews
Timp de citit: 2 minute

Investors could be relieved of their anxieties through capital cycle

One investors’ dilemma these days is whether the use of hydrocarbons vaporizes over the coming years or its dependence will linger on in the decades to come.
Author: Article based upon analysis from Reuters Breakingviews
Author: Financial Market
Timp de citit: 2 minute

US inflation slowed down to 7.7% in october, fourth month in a row

The Consumer Price Index in US rose just 0.4 percent in October on a seasonally adjusted basis, the same increase as in September, fuelling hopes that the peak has passed and the Fed can slow the pace of rate hikes and perhaps bring them to an earlier conclusion.
Author: Financial Market
Author: Article based upon analysis from Reuters Breakingviews
Timp de citit: 2 minute

With FTX crash, one spell that crypto investors were under is now broken

Less than a year ago, FTX was valued at $32 billion. But these days customers want their money back, and Sam Bankman-Fried’s cryptocurrency exchange cannot meet their requests.
Author: Article based upon analysis from Reuters Breakingviews
Author: Article based upon analysis from Reuters Breakingviews
Timp de citit: 2 minute

From Meta to Twitter, tech firms have different numbers in mind when making layoffs

Tech giants are starting to cut staff. Elon Musk, Twitter’s new owner, was firing employees while speaking at an investment conference on Friday morning.
Author: Article based upon analysis from Reuters Breakingviews
Author: Financial Market
Timp de citit: 3 minute

XTB financial results: EUR 152.7 mn net profit after three quarters

XTB has just presented its preliminary financial results for the third quarter of 2022. During this period, the company generated a consolidated net profit of 49.4 EUR million.
Author: Financial Market
Author: Article based upon analysis from Reuters Breakingviews
Timp de citit: 2 minute

China needs to do something about its domestic demand and soon

Would the Chinese Communist Party be ready to admit defeat and abandon zero-Covid policy in order to save the economy?
Author: Article based upon analysis from Reuters Breakingviews
Author: Article based upon analysis from Reuters Breakingviews
Timp de citit: 2 minute

From cool to cold, NFT sales seem more etherious than ever

The market for nonrefundable tokens has been spiraling down after sales sank sharply and the prices of popular NTFs plummeted since the beginning of the summer.
Author: Article based upon analysis from Reuters Breakingviews
Author: Financial Market
Timp de citit: 2 minute

BioNTech reported a halving of net profit in the third quarter 2022 but raises financial guidance on vaccines

German vaccine manufacturer BioNTech reported total revenues for the three months ended September 30, 2022 of €3,461.2 million (-43% yoy) while for the nine months total revenues were €13,032.3 million1 (9M 2021: €13,444.2 million1). As expected, the course of the pandemic remained volatile and led to fluctuations in quarterly revenues.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

Starbucks reported strong Q4 and full year fiscal 2022 results

Coffee chain Starbucks reported strong Q4 consolidated net revenues up 3% to a record $8.4 Billion with comparable store sales up 7% globally and double digits internationally, excluding China, primarily driven by an 8% increase in average ticket.
Author: Financial Market
Author: Financial Market
Timp de citit: < 1 minute

US non-farm payroll employment increased by 261,000 in October, above market forecasts

The long waited non-farm payroll showed a stronger-than-expected increase in new jobs in October. US economy added 261,000 jobs while the monthly growth has averaged 407,000 thus far in 2022, compared with 562,000 per month in 2021.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

Erste Group achieves net profit of EUR 1,647.0 million for the first nine months of 2022

Erste Bank reported today a net result of EUR 1,647.0 million for the first nine months of the year, an increase of 13.5% compared to the same period of 2021, on the back of the strong operating result.
Author: Financial Market
Author: Article based upon analysis from Reuters Breakingviews
Timp de citit: 2 minute

Fed is forced to make a fine balancing act in taming inflation

Fed chief Jay Powell has the thankless task of dampening consumer enthusiasm or the bank’s credibility will take a hit.
Author: Article based upon analysis from Reuters Breakingviews
Author: Financial Market
Timp de citit: 2 minute

FED delivers the fourth 75bp rate hike in a row

There was no surprise from Jerome Powell in regard to FED’s decision. We have a fourth 75bp interest rate increase in a row, bringing the cumulative policy tightening to 375bp since March and the Fed funds target range up to 3.75-4%, in what was a unanimous decision.
Author: Financial Market
Author: Article based upon analysis from Reuters Breakingviews
Timp de citit: 2 minute

Saudi National Bank has a tactic that may double the value of its Credit Suisse stake

Saudi Arabia’s biggest bank is investing about $1.4 billion for a 9.9% stake in troubled Credit Suisse, so becoming the biggest investor in the Swiss lender. Specifically, SNB is acquiring $1.2 billion of new Credit Suisse shares in a private placement and then participating in the bank’s imminent rights issue. The top landmark for bank […]
Author: Article based upon analysis from Reuters Breakingviews
Author: Financial Market
Timp de citit: 2 minute

Uber reported major revenue increase in Q3 but the company suffered a net loss of $1.2 billion

Uber reported 72% YoY revenue growth to $8.3 billion significantly outpacing gross bookings growth due to the acquisition of Transplace by Uber Freight and a change in the business model for UK Mobility business.
Author: Financial Market
Author: Article based upon analysis from Reuters Breakingviews
Timp de citit: 2 minute

ECB’s one-size-fits-all approach in monetary policy still needs to be worked on

While prices are rising by 7% y-o-y in France, in Estonia things are in the opposite corner, with an annual pace of 22%.
Author: Article based upon analysis from Reuters Breakingviews
Author: Financial Market
Timp de citit: < 1 minute

Eurozone inflation hits 10.7% in october and GDP grows 0.2% in Q3

Euro area annual inflation is expected to be 10.7% in October 2022, up from 9.9% in September according to a flash estimate from Eurostat, the statistical office of the European Union.
Author: Financial Market
Author: Financial Market
Timp de citit: 3 minute

Volkswagen Group reported third quarter results with operating increases and recovery in China

Volkswagen Group posted solid financial results in the third quarter, total vehicle deliveries to customers were up in Q3, with overall operating result increasing from EUR 2.6bn in a supply-constricted Q3 2021 to EUR4.3bn.
Author: Financial Market
Author: Article based upon analysis from Reuters Breakingviews
Timp de citit: 2 minute

Apple’s policy of steady growth and rewarding investors payed off in Q3

Apple continued to grow its service business in the quarter ending Sept. 24, with revenue increasing 5% against the same period last year.
Author: Article based upon analysis from Reuters Breakingviews
Author: Article based upon analysis from Reuters Breakingviews
Timp de citit: 2 minute

Amazon delivered good results in Q3, but there’s a twist

Amazon.com increased its revenue by 13% in Q3 against the same period of last year, to $107 billion. The results were positively influenced by sales in North America, that surged by more than a fifth, and by data storage business.
Author: Article based upon analysis from Reuters Breakingviews
Author: Financial Market
Timp de citit: 2 minute

Mercedes-Benz posts robust Q3 profit in a demanding environment

Despite a volatile market environment revenue was significantly above the previous year at €37,716 million in the third quarter of 2022 (Q3 2021: €31,647 million).
Author: Financial Market
Author: Article based upon analysis from Reuters Breakingviews
Timp de citit: < 1 minute

With a drop in Q3 earnings, Ford is joining those affected by supply chain bottlenecks

Ford earnings tumbled in the third quarter amid supply-chain disruptions, which left 40,000 cars in the inventory at the end of September.
Author: Article based upon analysis from Reuters Breakingviews
Author: Financial Market
Timp de citit: 2 minute

Meta Platforms reported financial results for the third quarter below expectations

Meta reported a second straight quarterly revenue decline and missed analysts’ expectations on poor earnings per share and net income results. The stock plunged almost 20% after-hours trading.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

Boeing stock tumbles on disappointing quarterly results

The Boeing Company reported third-quarter revenue of $16.0 billion, a loss per share of ($5.49) and core loss per share of ($6.18), reflecting higher commercial volume and losses on fixed-price defense development programs, pushing the stock price down 6% in today’s trading session.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

Barclays shows strong Q3 performance with profit before tax of £2.0bn and growth in all business lines

Barclays reported group income of £6.4bn, up 17% year-on-year, with continued momentum in both Consumer, Cards and Payments (CC&P) and Barclays UK.
Author: Financial Market