AERO: Belgrade Airport serviced 577,651 passengers in September
The Belgrade Nikola Tesla Airport (AERO) continues to make record results in all parameters, the public enterprise announced. In the first eight months of 2018, total revenues amounted to over RSD 7 billion, which is 11% more than in the same period last year. In this period, a gross profit of around RSD 3 billion was realized, which is 4% more than in the same period in 2017, whereas the net profit amounts to RSD 2.48 billion and is 5% higher than the net profit realized in the first eight months of 2017.
Telekom Srbija on the road to becoming a leader in the Balkans
Minister of Trade and Telecommunications of Serbia Rasim Ljajic called the intention of Telekom Srbija to participate in the race for the purchase of Telekom Albania “a good and a logical step”, which speaks to the strength and the potential of the domestic company to become the telecommunications leader in the Balkans. Ljajic told Kurir that it was important for Serbia for Telekom Srbija to show that it is capable to invest in other regional markets, such as Albania, in addition to B&H and Montenegro, where it is already present.
Commission for capital investments in Serbia to be formed in 2019 and set priorities
Serbian Finance Minister Sinisa Mali announced yesterday in conversation with representatives of the World Bank that the commission for capital investments would be formed in 2019 and that it would deal with the biggest projects and set priorities using a special methodology, it was announced following a meeting in Belgrade.
Telekom Slovenia sold its stake in Blicnet from Banjaluka
Telekom Slovenia sold its 100% stake in Blicnet from Banjaluka, the company reported. The job is to be ended by the end of this year while additional details were not revealed. The move is in line with Telekom Slovenia strategic plan for 2018-2022 period.
Source: Seebiz, Ilirika
Dow jumps more than 100 points to all-time high, rallies for a second day to start fourth quarter, European stocks drop by the close amid political uncertainty in Italy
The Dow Jones Industrial Average hit a record high on Tuesday as it rallied for a second day, boosted by gains in Intel and optimism around global trade. The 30-stock index closed 122.73 points higher to 26,773.94 for its first record close since Sept. 21. Intel climbed more than 3.5 percent, while Boeing soared to an all-time high. These gains added to the 192-point pop in the Dow on Monday to start the fourth quarter. The S&P 500, closed flat, however, at 2,923.43 while the Nasdaq Composite fell half a percent to 7,999.55 as large-cap tech names fell more than 1 percent.
Amazon shares dropped 1.6 after the company announced it would raise its minimum wage to $15 per hour for all U.S. employees. Facebook, meanwhile, dropped nearly 2 percent.
European stocks finished Tuesday's session deep in the red, amid political uncertainty in Italy and an unresolved trade dispute between the U.S. and China.
The pan-European Stoxx 600 closed down 0.52 percent, with the majority of sectors ending the day on a negative note. Basic resources outperformed, on the back of a rise in metal prices.
Several of Italy's banks were trading lower Tuesday, with Unicredit, Ubi Banca and Banco Bpm all down 1.85 percent or more by the close.
Shares of Ubisoft popped 3.5 percent, after Google announced Monday it planned to test a game-streaming service alongside the company.