Goodwill Pharma seeks investors for Serbian expansion
News from Emerging Markets
Although the government is optimistic next years direct investment growth reaches 15%, there are two factors which may hinder investment inflows such as higher interest rate and commodity prices with flat tendency.
In its quarterly inflation report, Brazil's central bank, Banco Central, reduced its projection for GDP growth in 2014 from 1.6% in the previous report to 0.7%. Accumulated growth for the four quarters ending with the second quarter 2015 GDP is estimated to grow 1.2%.
Turkey's foreign trade deficit increased for the first time this year after decreasing for seven months in a row, figures released by Turkish Statistical Institute Tuesday show.
The Romanian pharmaceutical market might fall by up to 1.5% this year, while a return to growth next year would depend on the final version of reimbursed drugs list, Petru Craciun, general manager of market research company Cegedim Romania , stated Monday. "The decrease potential is even higher than our forecast.
The clean energy sector in India will be one of the first sectors that would benefit during Prime Minister Narendra Modi’s US trip. The sector awaits investments worth about $1 billion from US companies.
U.S. oil giant ExxonMobil is suspending cooperation with Russia's state-owned energy major Rosneft on offshore drilling in the Arctic due to sanctions, the daily Kommersant reported Monday, citing unnamed sources.
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