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Mechel acquires Romania’s Ductil Steel for $221 mln

Russian coal miner and steel maker Mechel has acquired 100% of Romanian steel bar and wire rod producer Ductil Steel...

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Russia to open doors to foreign insurance companies

A draft law was submitted to the State Duma, lower house of Russia’s parliament, on Friday, which will allow foreign...

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Russia to open doors to foreign insurance companies

A draft law was submitted to the State Duma, lower house of Russia’s parliament, on Friday, which will allow foreign...

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Moody’s expects lasting surge in Middle East insurance markets

Rates of growth of Middle East insurance premiums have been far in excess of those registered globally in recent years,...

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Moody’s expects lasting surge in Middle East insurance markets

Rates of growth of Middle East insurance premiums have been far in excess of those registered globally in recent years,...

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Record insurance fraud detained

Authorities have apprehended a man who sought to commit a record insurance fraud through staging his death....

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Record insurance fraud detained

Authorities have apprehended a man who sought to commit a record insurance fraud through staging his death....

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Russia raises grain export duties to 40%

Russia will introduce a 40% export duty on wheat, meslin (wheat and rye mixed), and barley. This duty will take...

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Russia raises grain export duties to 40%

Russia will introduce a 40% export duty on wheat, meslin (wheat and rye mixed), and barley. This duty will take...

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Vienna Insurance completes its entry into Baltic region, expand in Poland

Austrian Wiener Städtische Versicherung AG Vienna Insurance Group signed a purchase agreement with the Finnish Suomi Mutual Life Assurance Company...

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Vienna Insurance completes its entry into Baltic region, expand in Poland

Austrian Wiener Städtische Versicherung AG Vienna Insurance Group signed a purchase agreement with the Finnish Suomi Mutual Life Assurance Company...

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FAO: Food prices continue to rise

The latest report by the United Nations’ Food and Agriculture Organization (FAO) says that agricultural commodity prices rose sharply in...

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FAO: Food prices continue to rise

The latest report by the United Nations’ Food and Agriculture Organization (FAO) says that agricultural commodity prices rose sharply in...

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Russia mulls export restriction amid grain harvest

Russia is considering further restriction on grain exports due to hiking food price, a senior agricultural official said on Monday....

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Russia mulls export restriction amid grain harvest

Russia is considering further restriction on grain exports due to hiking food price, a senior agricultural official said on Monday....

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Nine-Year-Old Budapest Wind Record Broken on Monday

A wind gust of 92.9 km/h measured on János Hill early Monday set a new Budapest record for September 21,...

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Hungary, Budapest Heat Records Broken on Wednesday

Hungary's and Budapest's early morning and the capital's daytime heat record were broken on Wednesday as a warm front preceded...

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Budapest Heat Record Broken as Temperature Reaches 37.5 C

Budapest's heat record for Aug. 20 was broken Thursday afternoon after a temperature of 37.5 degrees Celsius was measured at...

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Budapest Early-Morning Temperature Record Broken, Daily Record Matched on Tuesday

Budapest’s early-morning temperature was at a record high and earlier daily record was matched in the afternoon on Tuesday, the...

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Budapest Hits 41.6 C as Hungary Breaks Multiple Heat and Wind Records

Several heat records, along with a wind-speed record, were broken Thursday, weather service HungaroMet said on Facebook, citing preliminary data....

Nine-Year-Old Budapest Wind Record Broken on Monday

A wind gust of 92.9 km/h measured on János Hill early Monday set a new Budapest record for September 21,...

Hungary, Budapest Heat Records Broken on Wednesday

Hungary's and Budapest's early morning and the capital's daytime heat record were broken on Wednesday as a warm front preceded...

Danube Water Level Hits Record Low of 1 Centimeter at Budapest Gauge

The Danube’s water level fell to a historic low of 1 centimeter at the Budapest gauge on Tuesday amid drought...

Strong Winds Topple Trees, Damage Power Lines Across Hungary

Strong winds toppled trees and broke branches across several Hungarian counties on Saturday, damaging cars, buildings and utility lines, the...

August 2026 Was Hungary’s Hottest Month Since 1901

August 2026 was Hungary’s hottest month since 1901, with a national average temperature of 24.9 C, 3.7 C above the...

Budapest Heat Record Broken as Temperature Reaches 37.5 C

Budapest's heat record for Aug. 20 was broken Thursday afternoon after a temperature of 37.5 degrees Celsius was measured at...

Heatwave Returns to Hungary as Nationwide Alert Issued Through Sunday

Hot weather is set to return to Hungary once again, prompting the chief medical officer to issue a second-level heat...

Budapest Early-Morning Temperature Record Broken, Daily Record Matched on Tuesday

Budapest’s early-morning temperature was at a record high and earlier daily record was matched in the afternoon on Tuesday, the...

Budapest Hits 41.6 C as Hungary Breaks Multiple Heat and Wind Records

Several heat records, along with a wind-speed record, were broken Thursday, weather service HungaroMet said on Facebook, citing preliminary data....

Heatwave Fuels Stubble, Forest and Scrub Fires Across Hungary

Firefighters were battling stubble, forest and scrub fires across four Hungarian counties Thursday as prolonged heat and drought continued to...

Hungary Battles Nearly 400 Outdoor Fires as Heat Records Fall Again

Firefighters have responded to nearly 400 outdoor fires across Hungary since the heat alert was declared July 30, as prolonged...

Hungary Ranks Among Europe’s Hottest Countries on Monday

Hungary was among the hottest countries in Europe on Monday, setting new temperature records as water levels at the Paks...

Hungary Tightens Energy Rules as Heat Records Fall, Budapest Water Supply Remains Stable

Hungary introduced stricter measures over the weekend as extreme heat, record-low Danube levels and power grid pressure prompted renewed calls...

Red Code Takes Effect as Hungary Faces Severe Heatwave

Hungary’s “red code” heat emergency takes effect today as the country braces for several days of extreme temperatures, Social and...