Arhiva Wall-StreetEnglish-Version / 16 Noiembrie 2009

Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street din 16 Noiembrie 2009.
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  Unemployment, the No. 1 challenge for 2010

  October statistics suggest the number of jobless jumped to highest in five years and a half: 654,000. And the 2010 outlook remains daunting, since companies will proceed with caution when it time...

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  Romania GDP fell 0.7% in Q3

  Romania’s economy remained weak throughout the third quarter this year, contracting at 0.7% quarterly rate, and by 7.1% from the same period of last year, statistical office said.

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  Competition Council opens antitrust probe in telecom

  Competition Council has opened two inquests into whether the country’s telecom giants, Orange Romania, Vodafone Romania and Cosmote violated antitrust laws by giving retailers inducements not...

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  International Finance Corporation picks up 3.62% stake in BT

  International Finance Corporation (IFC), the World Bank’s private-sector lender has picked up 3.62% equity in Romanian Banca Transilvania, by converting $20 billion-worth bonds it holds since...

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  Aviva Investors launches open-end property fund

  Aviva Investors will launch by the end of the year Real Estate Opportunities, an open-end property fund with a startup capital of €7.5 million, according to real estate consultant, DTZ...

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  Antibiotice�s profit fell 7% in Q1-Q3

  Local drug maker Antibiotice Iasi (ticker: ATB) said its profit fell 7% in the Jan-Sep period, to 15.7 million lei (€3.7 million), from the same period of last year.

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  OTP Bank�s impairment provisions up nearly four times

  OTP Bank Romania, one of Romania’s mid-sized banks said its net profit for the nine months ending September 30 stood at 779 million forints (€2.7 million), versus 196 million forints...

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  Midday Forex: RON/EUR edges up

  The benchmark exchange rate set by the National Bank of Romania advanced 0.03 percent to 4.2978 lei per euro, on quiet trades in the interbank market, the euro trading between 4.2960 and 4.3030 lei...