Romania quietly catches up with richer neighbours, helped by EU cash

By Luiza Ilie and Gergely Szakacs BUCHAREST (Reuters) – Romania’s economy is set to outpace its stagnating neighbours this year, helped by European Union funding, currency stability and foreign investment driven in part by reshoring from Russia and Ukraine. The International Monetary Fund expects a 3.1% expansion, while even the European Commission’s 1.8% growth forecast …

Romania quietly catches up with richer neighbours, helped by EU cash Read More »

Lkw-Verkehr auf Autobahnen bricht ein – Auch wegen Grippewelle

Berlin (Reuters) – Der Lkw-Verkehr auf den deutschen Autobahnen ist im Dezember wegen der Grippewelle und tagelangen Minus-Temperaturen so stark eingebrochen wie seit Beginn der Corona-Pandemie nicht mehr. Die Fahrleistung mautpflichtiger Lastkraftwagen mit mindestens vier Achsen auf Bundesautobahnen nahm kalender- und saisonbereinigt um 4,9 Prozent zum Vormonat ab. “Dies ist der stärkste Rückgang seit dem …

Lkw-Verkehr auf Autobahnen bricht ein – Auch wegen Grippewelle Read More »

Spain’s govt to approve on Tuesday green hydrogen projects regulation in Spain

MADRID (Reuters) – Spanish Prime Minister Pedro Sanchez said on Monday his cabinet will approve on Tuesday a new decree to regulate the first four out of 11 green hydrogen projects to be carried out in the country. In a speech in Madrid, Sanchez said his government will approve a 74 million-euro ($79.12 million) initial …

Spain’s govt to approve on Tuesday green hydrogen projects regulation in Spain Read More »

Vivendi’s Canal Plus clinches deal for Orange’s film and pay-TV arm

PARIS (Reuters) -Vivendi’s Canal Plus has finalised a deal to buy the OCS film and pay-TV division of Orange, France’s biggest telecoms group, the companies said on Monday without disclosing financial terms. The deal would mark the end of Orange’s venture into the movie industry and distribution of TV series, following years of losses at …

Vivendi’s Canal Plus clinches deal for Orange’s film and pay-TV arm Read More »

Johannesburg Stock Exchange top companies index hits historic high

JOHANNESBURG (Reuters) – The Johannesburg Stock Exchange Top 40 companies index hit an historic high of 72,161 points in early trading on Monday, up around 2%. The all-share index touched a 10-month high of 78,238 points, a rise of about 1.8%. (Reporting by Rachel Savage, editing by Karin Strohecker)