Industry

Deals

Goldman, Morgan Stanley face biggest market test

Bear Stearns melted down in March and has disappeared inside JPMorgan Chase & Co, Merrill Lynch absorbed more than $40...

Deals

Goldman, Morgan Stanley face biggest market test

Bear Stearns melted down in March and has disappeared inside JPMorgan Chase & Co, Merrill Lynch absorbed more than $40...

Transport

Lufthansa to buy Brussels Air for up to €250 mln

Germany’s Lufthansa has agreed to pay up to €250 million ($350 million) for smaller Belgian rival Brussels Airlines to expand...

Transport

Lufthansa to buy Brussels Air for up to €250 mln

Germany’s Lufthansa has agreed to pay up to €250 million ($350 million) for smaller Belgian rival Brussels Airlines to expand...

Deals

HP to cut 24,600 jobs

Hewlett-Packard Co plans to cut 7.5% of its work force, or 24,600 jobs, seeking to realize savings from its recent...

Deals

HP to cut 24,600 jobs

Hewlett-Packard Co plans to cut 7.5% of its work force, or 24,600 jobs, seeking to realize savings from its recent...

Deals

Croatia’s INA says MOL bid “acceptable”

The management of Croatian oil concern INA gave its backing to a public bid for majority control by Hungary’s MOL...

Deals

Croatia’s INA says MOL bid “acceptable”

The management of Croatian oil concern INA gave its backing to a public bid for majority control by Hungary’s MOL...

Pharma

Gulf sovereign investors in “wait-and-see” mode

Top Gulf Arab sovereign investors have been sidelined by volatility in US financial markets with one key fund, Abu Dhabi’s...

Pharma

Gulf sovereign investors in “wait-and-see” mode

Top Gulf Arab sovereign investors have been sidelined by volatility in US financial markets with one key fund, Abu Dhabi’s...

Deals

AIG plans to sell $20 bln of assets

American International Group plans a $20 billion asset sell-off as it fights to correct a slump in its shares and...

Deals

AIG plans to sell $20 bln of assets

American International Group plans a $20 billion asset sell-off as it fights to correct a slump in its shares and...

Transport

Second British travel company collapses

A second British vacation company has gone bust, the country’s aviation regulator said Sunday, the same week the UK’s No....

Transport

Second British travel company collapses

A second British vacation company has gone bust, the country’s aviation regulator said Sunday, the same week the UK’s No....

Deals

Bank of America to buy Merrill

Bank of America said it agreed to buy Merrill Lynch in an all-stock deal worth $50 billion, snagging the world’s...

Pharma

Pharmaceutical Logistics: From Reliable Support to Strategic Partnership

Pharmaceutical logistics now encompasses much more than warehousing and transportation. László Dene, deputy CEO for business at Hungaropharma Zrt., discusses...

Pharma

Pharmaceutical Logistics Moves Toward Full Automation

Competitiveness in pharma logistics increasingly depends on digitalization, automation, and quality assurance alongside scale, Andor Nagy, deputy CEO for logistics...

Pharma

Advancing the Conversation on Ovarian Cancer

Javier Aracil, AbbVie’s general manager for the Adriatics and Hungary, reflects on how greater awareness, continued innovation and collaboration across...

Manufacturing

Coca-Cola HBC Hungary Announces Record HUF 35 bln Expansion

Coca-Cola HBC Magyarország announced a HUF 35 bln investment to expand its Dunaharaszti production center on Wednesday, marking its largest...

Retail

Aldi Hungary Challenges HUF 123 mln Fine Over Advertising Claims

Aldi Magyarország is seeking a court review of a Hungarian Competition Authority (GVH) decision fining it HUF 123 mln for...

MOL Gets U.S. Clearance for Preparatory Steps in NIS Acquisition

MOL has received a U.S. sanctions license authorizing certain preparatory transactions related to its potential acquisition of a stake in...

Pharmaceutical Logistics: From Reliable Support to Strategic Partnership

Pharmaceutical logistics now encompasses much more than warehousing and transportation. László Dene, deputy CEO for business at Hungaropharma Zrt., discusses...

Pharmaceutical Logistics Moves Toward Full Automation

Competitiveness in pharma logistics increasingly depends on digitalization, automation, and quality assurance alongside scale, Andor Nagy, deputy CEO for logistics...

Wizz Air Luton–Sofia Flight Diverted to Budapest After Bomb Threat

A Wizz Air flight from London Luton to Sofia was diverted to Budapest after receiving a bomb threat during the...

Pirelli Cinturato Winter 3 Takes Top Honors in European Tests

As winter approaches, drivers face a familiar question: which tires can provide dependable performance when road conditions start to change?...

Advancing the Conversation on Ovarian Cancer

Javier Aracil, AbbVie’s general manager for the Adriatics and Hungary, reflects on how greater awareness, continued innovation and collaboration across...

Hungary’s First Mr D.I.Y. Store to Open at Köki Alongside Popeyes

Budapest’s Köki shopping center will welcome Hungary’s first Mr D.I.Y. store and the country’s fourth Popeyes restaurant in November. Footwear...

Coca-Cola HBC Hungary Announces Record HUF 35 bln Expansion

Coca-Cola HBC Magyarország announced a HUF 35 bln investment to expand its Dunaharaszti production center on Wednesday, marking its largest...

Ryanair Adds 12th Budapest Aircraft and Eight Routes for Winter

Ryanair will base a 12th aircraft in Budapest for its winter 2026 schedule, operating 54 routes, including eight new connections,...

Michelin Celebrates 30th Anniversary of Presence in Hungary

Michelin celebrated the 30th anniversary of its presence in Hungary at an anniversary event at its Nyíregyháza facility (231 km...

Aldi Hungary Challenges HUF 123 mln Fine Over Advertising Claims

Aldi Magyarország is seeking a court review of a Hungarian Competition Authority (GVH) decision fining it HUF 123 mln for...

Geely Leads Interest in Chinese Car Brands Newly Launched in Hungary

Geely attracted the most interest among Chinese car brands entering Hungary this year, according to January-September data from used car...

Futureal Acquires Hungary’s Largest Outlet Center

Futureal has acquired Premier Outlet Budapest, Hungary’s largest outlet center, as it expands its Hungarian operations into direct investment in...

Serbia Says MOL Deal for NIS Stake Signed; MOL Reports No Disclosure Update

A contract for MOL’s acquisition of a stake in Serbian oil and gas company NIS from Russia’s Gazprom Neft has...