Business

Competition

Gold eases on oil, dollar, awaits payrolls data

Gold slipped in Europe on Friday as weaker oil prices and a slightly firmer dollar dampened buying interest, but trading...

Competition

Gold eases on oil, dollar, awaits payrolls data

Gold slipped in Europe on Friday as weaker oil prices and a slightly firmer dollar dampened buying interest, but trading...

Telco

Oil company profits soar on record prices

Exxon Mobil broke its own record for the highest-ever quarterly profit for a US company on Thursday, joining other major...

Telco

Oil company profits soar on record prices

Exxon Mobil broke its own record for the highest-ever quarterly profit for a US company on Thursday, joining other major...

Deals

Axel Springer may bid for Polish news channel – paper

German media group Axel Springer may compete with Polish publisher Agora to buy 33% of a small local news channel,...

Deals

Axel Springer may bid for Polish news channel – paper

German media group Axel Springer may compete with Polish publisher Agora to buy 33% of a small local news channel,...

Telco

Deutsche Bank 2Q net profit down 64%

Deutsche Bank AG’s net profit fell 64% in the Q2 as financial market turbulence from the US credit crisis led...

Telco

Deutsche Bank 2Q net profit down 64%

Deutsche Bank AG’s net profit fell 64% in the Q2 as financial market turbulence from the US credit crisis led...

Deals

Russia’s Evraz to mine iron ore in western Australia

Russia’s largest steelmaker Evraz Group S.A. said on Thursday it had signed an agreement on developing an iron ore deposit...

Deals

Russia’s Evraz to mine iron ore in western Australia

Russia’s largest steelmaker Evraz Group S.A. said on Thursday it had signed an agreement on developing an iron ore deposit...

Deals

Chrysler in talks with Tata and Fiat: sources

Chrysler is in talks to lease US production capacity and share retail distribution with Fiat SpA, allowing the Italian automaker...

Deals

Chrysler in talks with Tata and Fiat: sources

Chrysler is in talks to lease US production capacity and share retail distribution with Fiat SpA, allowing the Italian automaker...

Competition

New China anti-monopoly law draws cheers, concerns

China’s landmark anti-monopoly law finally comes into force on Friday, but uncertainty about how it will be implemented is raising...

Competition

New China anti-monopoly law draws cheers, concerns

China’s landmark anti-monopoly law finally comes into force on Friday, but uncertainty about how it will be implemented is raising...

Telco

LUKoil posts 43% net profit growth in H1

LUKoil, Russia’s largest crude producer, said Wednesday its net profit calculated to Russian Accounting Standards grew 42.5%, year-on-year, in January-June...

Pharma

Rooftop Breakfast Offers Helicopter View of AI’s Impact on Pharma

About 50 guests began their day in the beautiful setting of the Duchess Rooftop Bar of the Matild Palace Hotel...

Interview

Rethinking Data Strategies From Storage to Recovery

As Hungarian businesses manage increasingly fragmented data and face more sophisticated cyberthreats, reliable recovery is becoming a board-level priority....

Inside View

Investing in Hungary’s Wind Renaissance: What Wind Tender Means for Stakeholders

Hungary has launched its most ambitious wind energy initiative in nearly two decades, opening a new chapter in the country’s...

Appointments

Géza Palocsay Named Managing Director of Douglas Central Europe

Géza Palocsay has been appointed managing director of Douglas Central Europe, overseeing the beauty retailer’s operations in Hungary, the Czech...

Lake Balaton Cycling Upgrades to Add Wider Paths and New Bridges

Nearly 20 km of the Lake Balaton cycling circuit will be renovated under two programs financed through EU and domestic...

Rooftop Breakfast Offers Helicopter View of AI’s Impact on Pharma

About 50 guests began their day in the beautiful setting of the Duchess Rooftop Bar of the Matild Palace Hotel...

Rethinking Data Strategies From Storage to Recovery

As Hungarian businesses manage increasingly fragmented data and face more sophisticated cyberthreats, reliable recovery is becoming a board-level priority....

Resident Evil Game Prices Rise Around Film Premiere

Physical console editions of several Resident Evil games rose in price around the film’s Sept. 17 theatrical release, according to...

FDA Accepts Richter’s Fylrevy Menopause Therapy Application for Review

The U.S. Food and Drug Administration (FDA) has accepted Gedeon Richter’s new drug application for Fylrevy, the Hungarian pharmaceutical company...

DUIHK Central to the German-Hungarian Bilateral Economic Relationship

Róbert Keszte became president of the German-Hungarian Chamber of Industry and Commerce (DUIHK) in 2025. In this interview with the...

Egis Opens Major Pharmaceutical Distribution Center in Fót

Egis has opened a distribution center in Fót with capacity for 30,000 pallets, expanding its finished-product logistics operations to support...

Civil Engineering Surge Masks Decline in Building Construction

Civil engineering output more than doubled in Hungary in August, while building construction declined and the volume of new contracts...

Workload Outweighs Pay as Source of Workplace Distress

Workload, lack of recognition and job insecurity drive workplace distress among Hungarian employees, while pay remains their top priority, according...

CBRE Hungary Expands China Desk as Chinese Clients Pursue European Projects

CBRE Hungary has appointed Tu Yunfeng as business development manager at its China Desk, expanding the Budapest-based team as Chinese...

Spar Files New EU Complaint Over Hungary’s Retail Tax

Spar has filed another complaint with the European Commission over Hungary’s retail sector tax, arguing that amendments offer relief only...

Investing in Hungary’s Wind Renaissance: What Wind Tender Means for Stakeholders

Hungary has launched its most ambitious wind energy initiative in nearly two decades, opening a new chapter in the country’s...

Géza Palocsay Named Managing Director of Douglas Central Europe

Géza Palocsay has been appointed managing director of Douglas Central Europe, overseeing the beauty retailer’s operations in Hungary, the Czech...

Continest and Sweden’s Flexotrap Join Forces on Modular Shooting Ranges

As defense spending grows in importance across Europe following Russia’s full-scale invasion of Ukraine, local firm Continest Technologies Plc. and...

Hungary’s Housing Costs Drive Buyers Toward Garden Plots and Former Wine Cellars

Rising house prices and living costs are pushing more buyers toward properties on Hungary’s outlying garden plots and vineyard land,...