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English section

Growth Stocks: Amazon, the world’s largest online retailer

Amazon Web Services known also as AWS has been the leading driver for the company’s overall growth in the last quarters, but this time around in Q2, segment revenue growth slowed sequentially and bears began to speculate if this spectacular run is coming to an end. But that doesn’t seem to be the case. Strong […]
Author: Article based upon analysis from Reuters Breakingviews
Timp de citit: 2 minute

Cash-rich Norway can solve Europe’s gas woes

Jonas Gahr Store, Norway’s Prime Minister,  prompted on Wednesday that the Scandinavian nation, a devoted NATO ally and a European Free Trade Association member, could be open to gas price discounts for energy-starved European nations. It’s a smart move, given that the size of the discount is less important than the gesture.
Author: Article based upon analysis from Reuters Breakingviews
Author: Financial Market
Timp de citit: 2 minute

Mercedes-Benz Vans and Rivian move to partner on electric van production

Mercedes-Benz Vans, full-range provider of electric private and commercial vans, and electric vehicle manufacturer Rivian, have announced yesterday the signing of a Memorandum of Understanding to initiate a strategic partnership that will enable the companies to cooperate on the production of electric vans.
Author: Financial Market
Author: Article based upon analysis from Reuters Breakingviews
Timp de citit: 2 minute

Are there mergers afoot in the oil/gas industry?

Often high stock prices encourage corporate chieftains to buy rivals. But both dollar value and the number of deals in the fossil fuel sector have dropped more than 10% so far this year compared to the same period in 2021, according to Refinitiv, making it the second worst year on record in a decade.
Author: Article based upon analysis from Reuters Breakingviews
Author: Financial Market
Timp de citit: < 1 minute

Valentin Ionescu (ISF): The skills taught in an MBA program can help you reap immediate benefits

The second round of enrolment for the Executive INDE MBA Program is now open, with the program starting in October 2022 being the last chance to get on board.
Author: Financial Market
Author: Financial Market
Timp de citit: 3 minute

ECB has raised interest rates with 75bp and more increases are likely in the coming months

The Governing Council today decided to raise the three key ECB interest rates by 75 basis points. This major step frontloads the transition from the prevailing highly accommodative level of policy rates towards levels that will ensure the timely return of inflation to the ECB’s 2% medium-term target.
Author: Financial Market
Author: Article based upon analysis from Reuters Breakingviews
Timp de citit: 2 minute

Just how bad will the impending recession be for Europe?

If Russia continues to use the gas pipelines as economic weapon against the EU and indeed shuts off all gas pipelines for the winter, the slump could be disastrous, affecting the economic stability of all countries in the EU.
Author: Article based upon analysis from Reuters Breakingviews
Author: Financial Market
Timp de citit: 2 minute

Eurozone GDP up by 0.8% and employment by 0.4% in the second quarter

In the second quarter of 2022, seasonally adjusted GDP increased by 0.8% in the euro area and by 0.7% in the EU compared with the previous quarter, according to an estimate published by Eurostat. In the first quarter of 2022, GDP had grown by 0.7% in the euro area and 0.8% in the EU.
Author: Financial Market
Author: Article based upon analysis from Reuters Breakingviews
Timp de citit: 3 minute

New US share buy-back law only benefits the tax-shelter investors

A new 1% levy on share repurchases recently signed into law by President Joe Biden is designed to put the brakes on buybacks. But these reforms are failing to tackle the biggest problem with share buybacks, which is that they allow very wealthy Americans to amass fortunes and pass them on to their heirs whilst […]
Author: Article based upon analysis from Reuters Breakingviews
Author: Financial Market
Timp de citit: 2 minute

UiPath reports second quarter net loss of $120 mln. The stock plunged in aftermarket trading

UiPath, Inc. (NYSE: PATH), a leading enterprise automation software company, announced financial results for its second fiscal quarter 2023 ended July 31, with annual recurring revenue (ARR) surpassing $1 billion to reach $1.043 billion.
Author: Financial Market
Author: ING Bank N.V. as copyright owner
Timp de citit: 2 minute

High energy prices weaken the German economy

Is this the beginning of a perfect storm? In July 2022, production in industry in real terms was down by 0.3% compared to the previous month on a price, seasonally and calendar adjusted basis, from an upwardly revised 0.8% MoM in June for the biggest economy in the Eurozone.
Author: ING Bank N.V. as copyright owner
Author: Financial Market
Timp de citit: 5 minute

Growth stocks: EV maker NIO is down 70% from its all-time high, but the company could outperform analysts’ expectations

Shares of NIO Inc. (NIO.US), one of the world’s most exciting and promising 100% electric vehicle („EV”) manufacturers, are down 70% from its all-time high, due to several reasons.
Author: Financial Market
Author: Article based upon analysis from Reuters Breakingviews
Timp de citit: 2 minute

Quick action is required for Europe to learn to live with less gas

Gazprom’s decision to stop the gas flow indefinitely via Russia’s Nord Stream 1 pipeline puts Europe in a difficult position, with a near-certain gas shortfall in the winter.
Author: Article based upon analysis from Reuters Breakingviews
Author: Article based upon analysis from Reuters Breakingviews
Timp de citit: 2 minute

ECB needs to take control and raise interest rates to fight rising inflation

Captive between the perils of inflation and the impending risk of recession, the European Central Bank has taken a policy decision to continue increasing their key interest rates in the hope that prices, now rising at an annual 9% in the eurozone, will begin to slow down.
Author: Article based upon analysis from Reuters Breakingviews
Author: Financial Market
Timp de citit: 3 minute

Porsche AG is preparing for its Initial Public Offering. The IPO is targeted for the end of September

The Supervisory Board of Volkswagen AG has decided to pursue an IPO of up to 25% of Preferred Shares of the luxury automotive manufacturer.
Author: Financial Market
Author: Financial Market
Timp de citit: < 1 minute

German industrial orders continued their downward trend in July

Industrial new orders in manufacturing decreased by 1.1% in July 2022 compared with June 2022, according to provisional results of the Federal Statistical Office.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

The war in Ukraine adds more uncertainty and volatility to EU financial markets

In the first half of 2022 financial markets saw faltering recoveries, increasing volatility and likelihood of market corrections. Separately, crypto-markets saw large falls in value and the collapse of an algorithmic stablecoin, highlighting again the very high-risk nature of the sector.
Author: Financial Market
Author: Financial Market
Timp de citit: < 1 minute

OPEC+ cuts oil production by 100k barrels/day

The Organisation of Petroleum Exporting Countries and its allies met today, 5 September, amid expectations of falling demand due to the global economic slowdown and the situation in China, which is suffering from bottlenecks caused by the coronavirus that is hampering economic growth.
Author: Financial Market
Author: Financial Market
Timp de citit: < 1 minute

Eurozone retail sales edged up in July by 0.3% in the both the euro area and in the EU

Eurozone retail sales rose in July, but the downward trend remains. Rising food and fuel spending masked a decline in sales for all other items.
Author: Financial Market
Author: Financial Market
Timp de citit: 5 minute

Leonardo Badea (BNR): Global challenges emerging from the new economic reality

“In the international economic and financial environment, are still strong the echoes of the latest discussions between the representatives of the main central banks of the developed countries, at the yearly event hosted by the US Federal Reserve in Jackson Hole.
Author: Financial Market
Author: Financial Market
Timp de citit: < 1 minute

UBS and Wealthfront mutually agree to terminate merger agreement

UBS and Wealthfront have mutually agreed to terminate their merger agreement, initially announced 26 January 2022
Author: Financial Market
Author: Financial Market
Timp de citit: < 1 minute

US economy added 315K payrolls in August of 2022

Total nonfarm payroll employment increased by 315,000 in August, and the unemployment rate rose to 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in professional and business services, health care, and retail trade.
Author: Financial Market
Author: Financial Market
Timp de citit: < 1 minute

The unemployment rate in the Euro Area edged down to a record low of 6.6 percent in July

In July 2022, the euro area unemployment rate was 6.6%, down from 6.7% in June 2022 and from 7.7% in July 2021, while in the EU unemployment rate was 6.0% in July 2022, down from 6.1% in June 2022 and from 6.9% in July 2021, according to Eurostat, the statistical.
Author: Financial Market
Author: Financial Market
Timp de citit: < 1 minute

Euro area annual inflation up to 9.1% in august. Core inflation increasing from 4% to 4.3%

Euro area annual inflation is expected to be 9.1% in August 2022, up from 8.9% in July according to a flash estimate from Eurostat, the statistical office of the European Union.
Author: Financial Market
Author: Financial Market
Timp de citit: < 1 minute

Will we see a 75 bps rate increase in the Eurozone?

Goldman Sachs, one of the leading investment banks on Wall Street, told their investors that ECB is expected to raise interest rates by 75 bps next week at its policy meeting, given the fact that eurozone inflation hit a new record high in august.
Author: Financial Market