Advanced Economic Blog

U.S. must reform the tax system - Head of Treasury

U.S. must reform its tax system to control the national debt and protect economic growth, said on Friday, U.S. Treasury Secretary Timothy Geithner sent yesterday.

Business 27 February 2014


UPDATE: OTP Bank Romania wants to buy a bank with assets slightly in excess of its division

(Change the title and lead, plus information in paragraphs 2, 3, 7 and 15)

News 25 February 2014


OMV Petrom not publish reference price for fuel

OMV Petrom (SNP), the main oil producer in Romania, this week gave the publication of reference fuel price changes.

World 24 February 2014


Chevron's net profit increased by 36% in the first quarter, to $ 6.2 billion

Net profit for Chevron, the second largest oil producer in the United States increased by 36% in the first quarter from 4.6 billion to 6.2 billion dollars from increased oil prices and profitability of operations refinery Reuters.

World 23 February 2014


UPDATE: Franklin Templeton will have a representative on the Board of BSE

(Change the title and lead, plus information in paragraphs 5 and 8 to 14)

Entertainment 17 February 2014


SIF Oltenia shareholders changed Friday two administrators

Shareholders SIF Oltenia (SIF5) Friday approved the revocation of the functions of directors of Florian Theodore and Joan embraced Carmen Popescu, choosing instead two other people.

Business 16 February 2014


OTP Bank Romania negotiates takeover of RBS branch - sources

OTP Bank, Hungary's largest bank with assets of about 37 billion euros, negotiated takeover RBS branch in Romania and will submit a financial offer in the next two weeks, sources close to talks told AFP the two credit institutions.

World 15 February 2014


Mobile phone market grew by 17% in the first quarter, supported smartphones

Global market for mobile phones increased by 17% in the first quarter, supported by strong demand for smartphone devices, especially iPhones Apple products, according to market research companies.

World 13 February 2014


European shares closed up

Shares of the largest European companies trading on Friday signed up for the seventh consecutive session, and recorded in April after the best performance in December, but volume was low given that the London Stock Exchange was closed.

World 08 February 2014


Alro has budgeted for this year a net profit increase of $ 64 million

Aluminum producer Alro Slatina (ALR) want to get this year a net profit of $ 64 million compared to $ 50.4 million (160 million) in 2010, according to income and expenditure budget approved Friday by shareholders.

Business 06 February 2014


97 96 95 94 93 92 91 90 89 88 87 86 85 84 83 82 81 80 79 78 77 76 75 74 73 72 71 70 69 68 67 66 65 64 63 62 61 60 59 58 57 56 55 54 53 52 51 50 49 48 47 46 45 44 43 42 41 40 39 38 37 36 35 34 33 32 31 30 29 28 27 26 25 24 23 22 21 20 19 18 17 16 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1