Miroljub Aleksic interested in purchasing Jubmes Bank
Miroljub Aleksic, the owner of Alco Group, is interested in purchasing the state's share in Jubmes Bank, but only if the price is around EUR 3.6 million, Blic learns. The letter of interest for the purchase of a 20.1% stake in Jubmes Bank was sent by Aleksic's company Alfaplam, which already owns 4.99% of the bank's capital. As Blic learns, Aleksic, who owns several luxury hotels and successful companies, is serious in his intentions to increase his stake in the bank, but only if the price is realistic. Blic reminds that another five companies, three of them foreign ones, are also interested in buying the state's share in Jubmes Bank.
Serbia makes progress according to Global Real Estate Transparency Index
According to the 2018 Global Real Estate Transparency Index, Serbia is one of the ten countries of the world that have made the most progress on the list, the Ministry of Construction, Transport and Infrastructure announced. Serbia's score on the list is 3.11, which places it 47th on the list of 100 countries, behind Slovenia (44th) and Croatia (46th) and ahead of Bulgaria, who took the 49th place.
Potential launch of direct Belgrade-Toronto service by end-2020 – Decision up to Air Serbia
Kati Csaba, the Canadian Ambassador to Serbia, stated in her interview with Blic that the launch of a direct Belgrade-Toronto air service could be expected over the next two years. Last year, Blic writes, the finalization of the air transport agreement, which would enable direct flights from Belgrade to Toronto, was announced. When asked how much progress has been made, Ambassador Csaba says that the agreement was finally signed this May.
Premijerka očekuje suficit u budžetu od 28 milijardi dinara
Premijerka Ana Brnabić izjavila je da očekuje da na kraju godine imamo suficit u budžetu od oko 28 milijardi dinara. Brnabić je zadovoljna rezultatima vlade, ali je istakla da se mora raditi još brže i efikasnije, te da smo izvukli pouke i iz “Bele knjige” Saveta stranih investitora i ovogodišnje pozicije na Duing biznis listi Svetske banke.
S&P 500 and Dow surge in best rally after midterm elections since 1982, Europe markets higher following US midterm elections, Delivery Hero up 8%
U.S. stocks closed broadly higher on Wednesday after the midterm election results came in about as expected, lifting a cloud of uncertainty that was weighing on the market. The major averages hit their session highs after President Donald Trump indicated he is willing to work with Democrats on policy initiatives that would help the economy keep growing.
The Dow Jones Industrial Average closed up 546 points, led by gains in UnitedHealth and Apple. The S&P 500 gained 2.1 percent as the health care, tech and consumer discretionary sectors each rallied more than 2.8 percent. The Nasdaq Composite rose 2.6 percent.
European stocks moved higher on Wednesday as investors digested the results in the U.S. midterm elections. The pan-European Stoxx 600 was up by 1 percent with every sector in the black. Banks and retail were among the top performers, up by more than 1.3 percent.
Retail stocks traded higher on the back of earnings news. Delivery Hero rose nearly 8 percent on strong third-quarter results. Ahold Delhaize also moved 5 percent higher after better-than-expected results. Looking at individual stock news, Adidas fell 2.3 percent, despite raising its profit guidance for the year.