London-headquartered fintech Zepz is laying off 20% of its global workforce, marking another significant round of redundancies as the company restructures to streamline operations and cut costs. CNBC, citing anonymous sources, reported that the layoffs primarily impact IT functions, including database administration, development operations, and software engineering. Zepz—formerly known as WorldRemit—confirmed the workforce reduction, stating that the move is necessary to “sustainably
READ MOREThe year 2025 is here and the investment landscape is more dynamic and complex than ever before. With advancements in technology, shifting global trends, and evolving market conditions, modern investors need a strategic approach to navigate this terrain successfully. Whether you’re just starting out or you’re a seasoned pro, these key principles can help you maximize returns and mitigate risks 1. Set
READ MOREDutch multinational dairy cooperative FrieslandCampina, the owner of Napolact, one of Romania’s strongest dairy brands, is reportedly looking to sell its local operations, according to sources cited by Ziarul Financiar. The news first surfaced on the Bizlawyer platform. According to market sources, if the deal goes through, its value is estimated at EUR 60-70 million. Among the companies interested in acquiring FrieslandCampina’s
READ MOREThe price of gold soared to a new all-time high on Monday, driven by mounting investor concerns over escalating trade tensions following United States President Donald Trump’s latest tariff announcement. The U.S. leader said during the weekend that he will announce new 25% tariffs on Monday (Feb. 10) on all steel and aluminum imports into the U.S. Additionally, Trump announced plans to
READ MOREPorsche shares tumbled by as much as 8% on Friday (Feb.7), marking the biggest drop among European firms and its worst single-day decline since its much-hyped 2022 IPO on the Frankfurt Stock Exchange. The sharp decline followed a warning from the German luxury automaker that rising costs—especially for new model rollouts and battery-related investments—would significantly impact 2025 profits. Late Thursday, Porsche stunned
READ MOREIndia’s central bank lowered its key repo rate by 25 basis points to 6.25% on Friday, February 7, marking its first rate cut in nearly five years. The Monetary Policy Committee (MPC), chaired by RBI Governor Sanjay Malhotra, announced the decision in a livestreamed address, signaling a shift in policy focus from inflation containment to economic support. “With the economy likely to
READ MOREEmbarking on an entrepreneurial journey requires not just passion and vision but also deep knowledge and strategic thinking. The right books can provide valuable insights into business success, leadership, and market dynamics. Here are 10 essential books every entrepreneur should read before diving into the business world. 1. “The Lean Startup” – Eric Ries 🔹 Why Read It? Teaches how to launch
READ MOREGlobal Marketer Week 2025 is set to be one of the most influential gatherings of marketing professionals, brand leaders, and industry pioneers worldwide. Organized by the World Federation of Advertisers (WFA), this annual event brings together top executives to discuss the evolving landscape of marketing and advertising. The event will feature a mix of high-level conferences, leadership sessions, and networking opportunities, allowing
READ MOREReal estate can be a lucrative investment, providing long-term wealth and financial security. However, many investors make costly mistakes that can turn a promising opportunity into a financial burden. Here’s how to avoid the most common pitfalls when investing in real estate. 1. Failing to Research the Market 📌 Mistake: Many investors buy properties without thoroughly researching the local market conditions.✔ Solution:
READ MOREBucharest-listed One United Properties, Romania’s leading green real estate developer, reported €227.8 million in total sales and pre-sales for 2024, covering 83,958 sqm of residential and commercial space. The company sold 850 apartments and commercial units, along with 1,270 parking spaces and other unit types. As of December 31, 2024, the developer had 4,041 residential units, 22,000 sqm of office spaces, and
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