Luxury Under Pressure by Geopolitics and New Consumer Habits
For the luxury industry, 2026 looks to be a challenging year, with changing consumer habits, geopolitical crises affecting key markets, and the growing influence of AI in shaping how consumers discover and engage with luxury, writes eToro analyst for Romania, Bogdan Maioreanu. .
After decreases in spending for the past two years, analysts project only marginal growth this year, but this...
Acţionarii Romgaz aprobă preluarea Azomureş
Acţionarii Romgaz au aprobat, luni, preluarea combinatului Azomureş Târgu-Mureş, acordând mandat conducerii societăţii pentru a realiza toate formalităţile necesare pentru finalizarea tranzacţiei, informează News.ro.
"Adunarea Generală Ordinară a Acţionarilor aprobă Acordul privind transferul de activitate (Transfer of Business Agreement, "TBA") încheiat de SNGN ROMGAZ SA, în calitate de cumpărător, cu SC AZOMURES SA, în calitate de vânzător", se arată într-un...
Bitcoin sees a relief rally
It comes following positive inflation comments from Kevin Warsh.
Standard Chartered becomes first global bank to offer direct USDC access to institutional clients.
After seeing a new yearly low of $57,722 on Wednesday, bitcoin has seen a small relief rally, pushing it back above $63,000.
The rebound followed comments from Federal Reserve Chairman Kevin Warsh, who spoke on Wednesday during a panel...
From Record Highs to Sharp Losses: What’s Driving Gold’s 2026 Decline
Gold’s sharp decline in 2026 reflects a rapid shift in the macroeconomic environment, as rising real yields, a stronger US dollar and easing geopolitical tensions have all eroded the metal’s appeal.
After reaching a record high near $5,600 per ounce in January, gold has fallen by roughly 29%, briefly slipping below the psychologically important $4,000 level on Tuesday and hitting...
Romanian investors more pessimistic about the economy amid political turmoil, inflation
Romanian retail investors became more pessimistic about the prospects of the local economy, while the confidence in their own income and living standards deteriorated compared with the previous quarter, according to the latest quarterly eToro Retail Investor Beat survey.
The level of trust in the Romanian economy has deteriorated compared to the previous quarter, with 68% of Romanian retail...
Israel sells Spyder air defense systems to Romania for $2.3 billion
Israel is poised to sell Spyder air defense systems to Romania for approximately €2 billion, according Rafael Advanced Defense Systems.
The deal according to a June 28 statement includes the supply of launchers, interceptors, radar systems, training programs and logistical support.
The Israeli company said a first order under the full framework agreement was signed last week and delivery of the...
Bitcoin falls to its lowest price this year
Invesco files for new tokenised money market fund targeting stablecoin issuers
Bitcoin has fallen to a year-to-date low of $58,000, and is now trading more than 50% below its all-time high of $126,300. Inflation concerns, heavy ETF outflows, and broader risk-off sentiment weighed on the crypto markets throughout the week.
Spot Bitcoin ETFs recorded approximately $1.79 billion in net outflows last...
Investment Platform launched to connect UK Capital with opportunities in Central and Eastern Europe
The London- and Bucharest-based platform BRDG3 Capital has launched Nexus Fund I, a growth fund investing in the chronically underfunded space between angel rounds and large private equity funds—backed by one of the most diverse international teams in the European growth equity sector.
BRDG3 Capital (“BRDG3”), a new multi-vertical investment platform this week announced its public launch, a bid to...
