World markets
The National Authority of Constanta Seaports plans to cover the acquisition of Danube Logistics, operator of the Giurgiulesti International Free Port (Moldova), by raising a total of 281.6 million Romanian lei ($65.41 million) from shareholders, Logos Press reported.
The global luxury resale market is booming, changing the established rules of the game for traditional brands. According to analysts, the second hand segment in the luxury category is growing much faster than the primary market, driven by digitalization, changing consumer habits and a growing interest in sustainable consumption, Logos Press reports.
American Bitcoin (ABTC), a bitcoin (BTC) mining company backed by President Donald Trump’s family, reported a $59 million loss in the fourth quarter amid a sharp drop in the price of the largest cryptocurrency, driving down the value of its assets, Logos Press reported.
The explosive rise in gold prices is not based on fundamental factors, says Ruchir Sharma. The chairman of the Rockefeller Foundation’s board of directors said that, in his opinion, investors are making up stories about the reasons for such a significant increase in the value of shares. He recommends investors to diversify their portfolios by investing in other commodity assets, Logos Press reports.
France is losing ground on the global investment map. At the end of February, the country’s stock market fell to the tenth place in the world in terms of capitalization, behind South Korea, an economy that was perceived as a regional player just a few years ago.
The European Central Bank (ECB) expects food inflation, crucial to consumers’ perception of price stability, to stabilize just above its 2% target by the end of this year, according to Logos Press.
Romania’s government has adopted two emergency decrees that include layoffs in the public administration and spending cuts, as well as a package of fiscal and support measures aimed at boosting economic recovery, Logos Press reported.
A poll conducted in the U.S. by the Associated Press (AP) and the NORC Center for Public Affairs Research from Feb. 19 to 23 found that 56 percent of respondents doubt President Donald Trump will make the right decision regarding the use of military force outside the country, according to Logos Press.
Cryptocurrency markets continue to be feverish, with high volatility and uncertainty in trends for most currencies and positions, according to Logos Press.
China’s luxury industry is increasingly asserting itself in the global marketplace – and it’s no longer a story about a knockoff factory, but about building its own ambitions and world-class brands, according to Logos Press.
The current grain drying tariffs offered by many elevators to Moldovan farmers do not favor the preservation of grain quality and active export, Logos Press reports.
American entrepreneur Ilon Musk is expanding his influence not only in the technology sector, but also in the political arena, primarily in Europe, according to Logos Press.
World gold prices stabilized on Wednesday morning after a sharp decline the previous day. Investors are ambivalent about the new U.S. tariff policy, Logos Press reports.
US President Donald Trump delivered his State of the Union address to Congress, breaking his record for the longest speech – it lasted 108 minutes, according to Logos Press.
A Spanish winery from the Rioja Alavesa region is betting on precision agronomy, digital monitoring and microzoning of vineyards, according to Logos Press.
French fashion house Hermès is expanding its Cape Cod watch line with a new miniature interpretation of the iconic model, the Cape Cod Mini, according to Logos Press.
Moldova and 11 other Central and Southeastern European countries signed a joint declaration with the United States in Washington on strengthening the security of natural gas supplies and ensuring affordable prices in the region, Logos Press reported.
Information about the potential import of sunflower from Argentina to Moldova is supplemented with important details. Indeed, Trans Oil Group is the buyer of about 55,000 tons of this raw material, which arrived in the port of Constanta on two ships, Logos Press reported.
Mark Zuckerberg’s US tech giant Meta plans to enter the stablecoin market later this year, according to Logos Press.
During his visit to Washington, Energy Minister Dorin Junghietu met with representatives of the World Bank (WB) and and Carlyle Group, Logos Press reported.
