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Romania found to violate Article 8 in competition investigation case

The European Court of Human Rights ruled that Romania violated Article 8 concerning the seizure and searches conducted during a competition investigation involving BRD - Groupe Société Générale S.A. This decision highlights the importance of protecting individual rights in regulatory processes.

Daniel Marcu appointed global head of AI engineering at Goldman Sachs

Goldman Sachs has appointed Daniel Marcu as Partner and Global Head of AI Engineering and Science. With over 30 years of experience, he will lead the development and deployment of AI platforms, collaborating with various business leaders to enhance productivity. Marcu previously held senior roles at Amazon and SDL plc and has an extensive academic background.

byd considers third european plant in germany amid tariff challenges

BYD is considering establishing its third European car assembly plant in Germany to enhance brand awareness, despite concerns over high labor and energy costs. Currently, the company is building two NEV plants in Hungary and Turkey, with production set to start in October 2024 and March 2026, respectively. The final decision on the new plant will depend on sales performance in Europe and the capacity utilization of existing facilities.

european pig prices rise amid varying trends across countries

Prices for slaughter pigs in Europe are generally rising, with notable increases in Austria, Belgium, Denmark, and Spain, driven by strong exports. Germany's prices remain stable at 1.72 euros/kg, while Italy continues to see declines. The EU average price rose to 181.27 euros/100 kg, though it remains 14.3% lower than last year.

Raiffeisen Bank enhances client services with new card delivery and promotions

Raiffeisen Bank in Romania introduces new facilities for clients, including a secure process for Visa card delivery, where undelivered cards are held for pickup. A special promotion offers a bonus for shopping card users, valid until March 2025, alongside enhancements to the mobile app for better financial management. The bank emphasizes innovation and customer satisfaction through personalized services and improved digital experiences.

Raiffeisen Bank Romania Achieves Record Growth and Customer Satisfaction in 2024

In 2024, Raiffeisen Bank Romania reported significant growth, with assets exceeding 82 billion RON and a net profit of 1.67 billion RON, driven by a 10% increase in new financial products and a 440% rise in digitally enrolled customers. The bank's digital transformation continued, enhancing services like the Smart Mobile app and launching the MoonshotX program to support corporate growth. With a strong focus on ESG assets and a solid capital adequacy ratio of 21.80%, Raiffeisen Bank remains committed to fostering the Romanian economy.

uber technologies faces price target cuts amid mixed analyst ratings

european slaughter pig prices stabilize amid varying trends across countries

European slaughter pig prices have mostly stabilized, with declines noted only in France and Italy. Germany's market faces pressure due to foot-and-mouth disease affecting exports, while Austria sees improved conditions thanks to strong tourism. The EU average price continues to decline, down 1.6% from the previous week.

FDM Group shares decline as Deutsche Bank cuts price target to 275 GBp

FDM Group shares (LON: FDM) have seen a significant decline, dropping 24.59% in early 2025 and 47.88% over the past year. Deutsche Bank has cut its price target from 360 GBp to 275 GBp while maintaining a Hold rating, reflecting cautious optimism amid a challenging market. The stock, currently trading at 239.50p, has fallen over 80% since September 2021, as it seeks support in a fluctuating environment.

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