News and articles

The WTO world trade trend indicator fell to a record low in the second quarter

The WTO world trade trend indicator fell to a record low in the second quarter, according to a report published on the World Trade Organization’s (WTO) website on Wednesday. The...

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Trade talks between the US and China may continue

The U.S. and China would “sit down” again to continue negotiations on a trade agreement, the Chinese Chamber of Commerce announced. Negotiations that were suspended during the coronavirus crisis would...

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The highest inflation occurred in July in the euro area four months ago

According to preliminary data, the highest inflation in the euro area for the last four months was in July, according to a report published on Wednesday by the European Union’s...

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‘Good at what it is supposed to do’

Erika Csikesz, sales director of TV2 Group told that the Ammerländer slogan ‘Good at what it is supposed to do’ was the driving force behind the whole non-standard concept. They...

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Waitrose Introduces Heston’s Full English Sandwich

Upmarket retailer has Waitrose & Partners has introduced a Full English sandwich by celebrity chef, Heston Blumenthal. The Heston from Waitrose Full English sandwich includes a coffee flavoured mushroom ketchup...

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Corona Beer Teams Up With Snoop Dogg For ‘La Vida Más Fina’ Campaign

Constellation Brands has announced that it has launched its first campaign with rapper Snoop Dogg aimed at unifying the Corona family of brands. ‘La Vida Más Fina’ (the Fine Life)...

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Amazon Expands Morrisons Deal With Full-Range Offer

Amazon has stepped up its move into Britain’s grocery market, expanding its relationship with Morrisons so Prime members have access to the supermarket group’s full range on the internet giant’s...

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Joining forces to save enterprises

László Krisán, CEO of KAVOSZ Zrt. talked to our magazine about the situation and perspectives of Hungarian enterprises at the time of the coronavirus pandemic. How did the different types...

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OMME: honeys in stores are safe to consume

Hungarian customers can choose from good quality honeys, most of the products on the shelves of the shops passed the annual inspection carried out by the National Hungarian Beekeeping Association...

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NAK: This year’s sweet corn crop may be of good quality and close to average

A close-to-average, high-quality crop of around 500,000 tons is expected from sweet corn this year, the National Chamber of Agriculture (NAK) told MTI on Tuesday. According to their announcement, the...

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Nébih: Auchan recalled the ENSA raisin product

The Auchan Magyarország Kft. recalls the 100 gram ENSA raisin product due to mycotoxin contamination – the National Food Chain Safety Office (Nébih) announced on its website. According to the...

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Tokaj is one of the most prominent regions of Hungarian wine production

Tokaj is one of the most outstanding regions of Hungarian wine production, said the Minister in charge of the Prime Minister’s Office at a World Heritage professional conference in Tállya,...

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The Farmer Expo has opened its gates

The Minister of Agriculture called Hungarian agriculture shockproof at the opening of the 29th Farmer Expo in Debrecen on Tuesday. Hungarian agriculture is shock-resistant, and agricultural products are able to...

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Hungarikum Days in Nagyszeben, Transylvania

Despite the coronavirus pandemic, the 11th Hungaricum Days in Nagyszeben will be organized outdoors this year as well, presenting Hungarian cuisine and tastes in the city of Southern Transylvania, the...

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A new type of vending machine is being tested by one of the discount chains in Germany

Aldi discount chain in Haßloch, south-west Germany, not far from Frankfurt, is testing a permanent operating machine called “ALDImat” to compensate for its shorter opening hours – origo wrote, after...

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Top financial managers in Western Europe are depressed after the pandemic

While at the beginning of the year the financial managers of Western European companies dealt with development investments and reported good profit prospects this year, now securing the funds needed...

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The star of Deadpool earned a nice amount of spirits

Another Hollywood star, Ryan Reynolds, has made a significant profit with a clever investment to capitalize on the popularity of spirits – origo wrote. Anyway, he’s one of today’s highest...

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Knorr renamed a product called Gypsy Sauce

Knorr, who makes a product called “Zigeuner Sauce” or “Gypsy Sauce”, has announced that it has renamed its product due to racist crosstalk – index wrote after MTI. Photo: Hauke-Christian...

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Consumer sentiment improved slightly in August in the United States

Overall, little has changed, but instead of the expected deterioration, consumer sentiment in the U.S. improved slightly in August, according to preliminary data from the monthly survey by the University...

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FAO leads the way to clearer peatland mapping and monitoring

Peatlands cover only 3 percent of the world’s surface yet contain as much carbon as all of its vegetation, dramatically underscoring their pivotal role in global climate regulation. Their degradation,...

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Henkel delivers overall robust business performance despite substantial impact from COVID-19 pandemic

Focus on ensuring employee safety, supplying customers and supporting communities Group half-year sales reach 9,485 million euros, nominal: -6.0%, organic: -5.2% Operating profit* at 1,191 million euros, -27.5% EBIT margin*...

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Giant fast-food franchisee closing up to 300 Pizza Hut locations

Three hundred Pizza Huts are going dark and 927 other locations are going on the selling block. NPC International  has reached an agreement with Pizza Hut, whose parent company is...

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Nestlé Health Science To Acquire IM HealthScience

Nestlé Health Science has agreed to acquire the business of IM HealthScience (IMH) which includes the brands IBgard, FDgard, Fiber Choice and REMfresh. IBgard and FDgard offer products that help...

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Walmart joins other retailers in extending store hours

After reducing its store hours amid the pandemic, Walmart will join other retailers who are starting to keep their stores open later. The retail giant  is extending the store closing...

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Magazine: 2020 is a digital turning point

In March – before the start of the coronavirus pandemic – GKI Digital published the sales results of Hungarian online retail in 2019: total online retail sales neared net HUF...

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Analysts this year’s economic downturn next year bounce may follow

The performance of the Hungarian economy may jump next year after this year’s downturn – macroeconomic analysts told MTI, who estiimates the growth rate in 2021 at 3-5 percent. According...

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Garantiqa: Hungary is at the forefront of corporate loan guarantees in Europe

Hungary ranks second in Europe in the application of guarantee schemes for corporate loans – Garantiqa Hitelgarancia Zrt. (Garantiqa), part of the MFB Group, told MTI based on the latest...

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Potatoes can be the big loser in the pandemic

Huge amount of potatoes (hundreds of thousands of tons) remained in the markets of large producing countries and in the warehouses of processing companies, with which they do not know...

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The school year at Tesco starts again with a day off

As a family-friendly workplace, it is important to Tesco that its employees do not miss out on important moments in their families. That’s why parents of first-time students can request...

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The wealth of Hungarian households increased significantly

By the end of the second quarter, the financial assets of households had increased to 63,191 billion HUF, which is an increase of 1,823 billion HUF, compared to the previous...

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