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English section

English section
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…

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2 min 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.

Autor: Financial Market
2 min 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.

Autor: Financial Market
5 min 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.

Autor: Financial Market
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2 min European Economic Forecast: Eurozone GDP is forecast to grow by 2.6% in 2022 and inflation to increase to 8.3%

Whereas prices of some commodities are retreating from recent peaks, the EU economy remains vulnerable to developments in energy markets due to its high reliance on Russian fossil fuels.

2 min Deloitte Romania has partnered with the global software company Creatio to offer automation solutions for SMEs, large enterprises and corporations

Deloitte Romania has partnered with the global software company Creatio, headquartered in the US, which provides a leading one platform to automate workflows and CRM with no-code, to offer automation solutions for SMEs

2 min Tesla reported total revenues of 16.93B for Q2, a 42% increase compared to the same period from 2021

Tesla continued to make significant progress across the business during the second quarter of 2022, though it faced certain challenges, including limited production and shutdowns in Shanghai for the majority of the quarter

4 min EY Romania Attractiveness Survey: The appetite for investment is still high in 2022

After two years of pandemic and the situation in Ukraine, Romania remained a preferred location for investors in Eastern Europe. Positioning itself on the 16th place (4%) out of 32 as most attractive to invest country in 2022, Romania overtook countries such as Hungary (2%), Czech Republic (2%) and it is close to Poland, whose…

2 min Citi delivered good revenue performance with balanced growth across all geographies in Q2

Citigroup Inc. reported net income for the second quarter 2022 of $4.5 billion, or $2.19 per diluted share, on revenues of $19.6 billion. This compared to net income of $6.2 billion, or $2.85 per diluted share, on revenues of $17.8 billion for the second quarter 2021.

2 min Netflix surprised with better-than-expected on membership growth and revenue

According to a recent press release, the second quarter was better-than-expected on membership growth, and foreign exchange was worse-than-expected (stronger US dollar), resulting in 9% revenue growth.

2 min Goldman Sachs beats estimates and delivers strong results for the second quarter

The Goldman Sachs Group, Inc. (NYSE: GS) reported yesterday net revenues of $11.86 billion and net earnings of $2.93 billion for the second quarter ended June 30, 2022. Net revenues were $24.80 billion and net earnings were $6.87 billion for the first half of 2022.

2 min Tarfin IFN gets the NBR authorization and is ready to finance the agricultural supply chain

Tarfin, the Turkish agri fintech launched in Romania in April this year, obtains the NBR authorization. This marks the next step in Tarfin’s mission to support farmers and suppliers of agricultural products by acting as a propeller in the supply chain.

3 min Buyers opt for purchase price mechanisms which allow adjustments at M&A transactions closing date

Buyers show low confidence in the financial statements or accounting policies and systems of the companies they want to acquire or in their financial prospects due to seasonality, volatility or market distortions caused by external events such as the COVID-19 pandemic

Termenul Zilei

Indicele prețurilor de consum (CPI)

Indicele prețurilor de consum (CPI – Consumer Price Index) este unul dintre cei mai importanți indicatori macroeconomici, utilizat pentru a măsura evoluția prețurilor bunurilor și serviciilor consumate de populație. Practic,...

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