News about World markets
The Italian fashion house Valentino will receive additional financial support from its shareholders after the company ended 2025 with an operating loss and an increase in its debt burden.
While shopping malls are losing customers, investors across Europe are betting on a simpler format—retail parks on the outskirts of cities. Of the 34 billion euros invested in European retail in 2025, retail parks accounted for 41% of the total. By comparison, shopping streets attracted 34%, while shopping malls accounted for just 25%.
Generative artificial intelligence is beginning to change the rules of competition in the luxury industry. While brands were recently vying for a spot in Google’s search results, they are now increasingly competing for a presence in the responses provided by ChatGPT, Gemini, Claude, and other AI platforms.
Venezuela is undergoing the largest debt restructuring in its history as it prepares to officially recognize its national debt of approximately $240 billion. This step became possible following a change in government and the removal of President Nicolás Maduro, which paved the way for the lifting of international sanctions and the start of negotiations with creditors. The investment bank Centerview Partners was brought in to develop a plan to return the national debt to a sustainable level.
On Wednesday, the U.S. dollar continued to strengthen, reaching a new 13-month high against a basket of major currencies. Investors sought shelter from the sharp decline in tech stocks and braced for a possible interest rate hike by the Federal Reserve (Fed).
The government has approved the start of negotiations on the signing of an agreement between the Republic of Moldova and the Council of Ministers of Bosnia and Herzegovina on international road transport of passengers and cargo.
Russian authorities are discussing the possibility of imposing a complete ban on diesel fuel exports. Deputy Prime Minister Alexander Novak made this announcement at a meeting attended by President Putin, according to the government press service and several Russian media outlets.
A previously unknown 18th-century manuscript containing seven works for flute and harp, which experts attribute to Wolfgang Amadeus Mozart, has been discovered in the archives of the National Library of France. The discovery has already attracted the attention of the international music community and has shed new light on one of the composer’s creative periods.
On Tuesday, during pre-market trading, shares of SpaceX, a company specializing in space technology and artificial intelligence, fell another 4% following a $400 billion sell-off. This came after the company’s shares fell 16% on Monday as initially optimistic sentiment toward the company waned. SpaceX’s market capitalization stood at $2 trillion at the close of trading on Monday.
The 2026 FIFA World Cup has become not only the world’s largest sporting event, but also a major competitive arena for sports equipment manufacturers. While brands compete for fans’ attention through advertising campaigns, brand ambassadors, and collaborations, an equally intense battle is unfolding right on the field—for the tournament players’ uniforms.
The Ukrainian biopharmaceutical company Biopharma plans to launch a plant in Arad, Romania, in late 2027, with an initial investment of 85 million euros.
On Tuesday, June 23, another shipment of fertilizer from Russia to Armenia was transported through Azerbaijani territory.
SK Hynix has overtaken Samsung Electronics to become South Korea’s most valuable company.
Japanese automaker Nissan has suspended development of an all-electric version of the Qashqai crossover—the company’s best-selling model in Europe. The decision was made as part of a cost-cutting program and strategy review amid growing competition and volatile demand for electric vehicles.
Following the reduction in Russian gas supplies, Europe has begun to purchase more liquefied natural gas (LNG) on the global market. However, this market remains global: European buyers are competing for the same volumes with Asian countries, where energy demand is also growing.
According to information from the Ministry of Finance, Moldova’s external public debt balance as of the end of April 2026 had increased by $151.7 million (+3.2%) since the beginning of the year, reaching approximately $5 billion. Of this amount, 93% consists of loans from the European Commission, to which Moldova’s debt has increased ninefold over the past five years.
Following technical talks, Iran and the United States have formed four working groups that will address the lifting of sanctions, the nuclear program, reconstruction and economic development, as well as monitoring compliance with the agreements. This was announced by Iran’s Deputy Foreign Minister Kazem Garibabadi.
In response to the expansion of the blacklist compiled by the Pentagon—which includes Chinese giants such as Alibaba, Baidu, and BYD—Beijing has imposed trade restrictions on ten U.S. companies.
VivaTech 2026, Europe’s largest technology forum, took place June 17–20 in Paris, bringing together approximately 180,000 attendees, 4,000 exhibitors, 14,000 startups, and more than 450 speakers.
The idea of a “Bitcoin killer” is based on a simple expectation: that the market will discover an asset that is faster, more technologically advanced, and more profitable than BTC. But it’s not just a belief in progress that drives this. Investors are looking for an asset that can outperform Bitcoin.
