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Swiss startup Sun-Ways plans to install removable solar panels between railway tracks, utilizing over a million kilometers of global railways for renewable energy generation. A trial phase begins in 2025, aiming to produce significant solar energy while addressing regulatory and safety concerns. If successful, this innovative approach could harness existing infrastructure to meet energy needs sustainably.
Romanian inflation rose to 4.7% in October, slightly up from 4.6% in September, marking the highest level in three years. The increase was influenced by drought conditions and a dim outlook for price growth, prompting the central bank to revise its inflation forecast for the year. Consumer prices also saw a monthly rise of 0.6%.
Romania's central bank maintained its benchmark interest rate at 6.5% for the second consecutive meeting, as policymakers assess fiscal risks linked to upcoming presidential and parliamentary elections. This decision aligns with the forecasts of 15 out of 17 economists surveyed.
Vietnam’s VPBank (HoSE: VPB) and Dabaco (HoSE: DBC) have been added to the MSCI Frontier Markets Index in the latest review, which now includes 211 tickers. Vietnam maintains the largest weight in the index at 25%, followed by Romania and Morocco. Additionally, eight Vietnamese stocks were added to the MSCI Frontier Markets Small Cap Index, while six were removed, with DBC transitioning to the main index. Changes will take effect after the market close on November 29, with the next review scheduled for February 11, 2025.
Boeing Company, the leading aircraft manufacturer globally, generates 43.5% of its sales from commercial aviation, 32% from defense, space, and security, and 24.5% from various services. Geographically, 58.4% of sales come from the United States, followed by Europe (13.5%) and Asia (12.9%).
Former U.S. President Donald Trump's return to office may shift focus back to NATO members' defense spending, as he has previously criticized European allies for inadequate contributions. Currently, two-thirds of NATO allies meet the 2% GDP defense spending commitment, with Poland leading at 4.12% in 2024.
The Kapitan Andreevo border crossing has become a site of controversy as livestock transporters face bureaucratic delays, leading to animal suffering and deaths. With Turkey banning imports from affected EU regions due to disease concerns, many animals are stuck in limbo, prompting calls for a ban on live animal exports to Turkey. The situation highlights the complexities of EU regulations and the urgent need for legislative solutions to protect animal welfare.
Raiffeisen Bank Romania reported significant growth in the first nine months of 2024, with assets exceeding 74.3 billion RON and a profit of 1,265 million RON. The bank saw a fivefold increase in digitally enrolled clients and expanded its insurance and investment offerings, including a milestone of over 1 billion euros in Private Banking assets. Additionally, new business volumes in leasing doubled, reflecting a strong commitment to sustainable financing and support for SMEs.
Under Armour, Inc. specializes in the development, marketing, and distribution of branded athletic performance apparel, footwear, and accessories for men, women, and youth. The company operates across four geographic segments: North America, EMEA, Asia-Pacific, and Latin America, utilizing both wholesale and direct-to-consumer channels for sales. In EMEA, products are primarily sold through wholesale customers and independent distributors, while in Asia-Pacific, sales occur through distribution partners and e-commerce platforms.

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