Market News

Wave of bankruptcies may occur in German tourism and hospitality

Since World War II, the biggest loss of revenue could occur and a wave of bankruptcies could begin in the German tourism and hospitality industry, according to data from the...

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Unilever to eliminate fossil fuels in cleaning products by 2030

Unilever, a leading manufacturer of cleaning and laundry products, today announces it will source 100% of the carbon derived from fossil fuels in its cleaning and laundry product formulations with...

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Magazine: Winners of the first Symbol of Sustainability competition

Trade magazin organised the Symbol of Sustainability competition, which sought to present successful projects that can contribute to a more sustainable future. There were 23 entries and the jury of...

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KSH: foreign trade surplus was 262 million euros in July

In July, the value of exports in euros decreased by 5.6 percent and value of imports by 7.7 percent year-on-year. The foreign trade surplus improved by 184 million euros to...

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MKIK GVI: the capacity utilization of companies has reduced

The capacity utilization of companies has decreased as a result of the coronavirus pandemic – the Economic and Enterprise Research Institute of the Hungarian Chamber of Commerce and Industry (MKIK...

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More and more people are investing in European insect breeding startups

For many of us here in Europe, the idea of insect breeding sounds a little strange, yet the time may have come to rethink the role of insects – origo...

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Employment in the European Union plummeted in the second quarter

The second quarter saw the largest decline in employment ever recorded in both the euro area and the EU, according to a report by Eurostat, the European Union’s statistical office,...

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To protect our health, take antioxidants

Maintaining our health, strengthening our immune system, reducing the negative physiological effects of stress is always important, but there are situations and periods when this can be especially important. You...

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China’s exports rose again in August, exceeding expectations again

China’s exports grew in excess of expectations again in August, but the decline in imports deepened further. According to data released by the Chinese customs service on Monday, the value...

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More than 300 new fish species have been identified in Russian freshwater

More than 300 new fish species have been identified in the freshwaters of Russia and neighboring regions in a comprehensive study of fish and marine diversity. The study, led by...

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Storecheck in the first Amazon Fresh

Amazon held an invite-only store visit for a small group of customers. They got an exclusive look inside Amazon’s new grocery store from one of the few customers allowed inside....

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POPAI reports

The world closed and then opened up again Programmes organised online because of the pandemic are also accessible to those who wouldn’t have been able to take part in them...

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What can the Hungarian economy expect this year

Less than four percent, or more than seven percent, what is it? – the portfolio.hu asks the question. The expected extent of this year’s economic downturn in Hungary. The question...

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We even had a splash in the store

Before the second wave, we also spent as much in August as we did a year ago. But then? What about our wallet? Online stores can tip the scales here...

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Hungarian farmers are becoming more and more open to technological developments

Hungarian farmers consider technological developments to be essential. 68% of them would invest in various upgrades, and some of them have already started investing. The tools of precision farming are...

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The coronavirus also changed beverage habits

Once the coronavirus has grown into a worldwide pandemic, there will be almost no sector left unaffected. After several months of restrictions, consumers returning to the stores are no longer...

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There are many places where commuting between office work and the home office remained

Due to the protracted nature of the pandemic, it is still unclear when we can return fully to the office and how long the “hybrid” work will remain. We now...

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New government commissioners have been appointed

The government has established economic development zones, and in connection with this, government commissioners have already been appointed – index wrote after Magyar Közlöny. Navracsics Tibor will be responsible for...

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They don’t ask for the real price of food in stores

The hidden costs were also taken into account, so the so-called real price of each food was calculated in a research in Germany, wrote startlap.hu after magyarmezogazdasag.hu. In one of...

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Bundesbank: no more government and central bank subsidies!

Jens Weidmann, the president of the Bundesbank, saw the time had come to make it clear that government and central bank subsidies introduced due to the coronavirus crisis should be...

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AM: the new horticultural application increases the domestic fruit and vegetable supply

In order to ensure a continuous, safe primary supply throughout the year, the horticultural sector can count on 30 billion HUF in additional development funds in addition to the existing...

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Changes in the labor market. Who knows what and how much he asks for

While summers have been a cucumber season for job seekers in recent years, the “white-collar” job search has remained explicitly active this year even after the quarantine has been lifted....

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Consumer price growth accelerated minimally in OECD countries in July

In the member states of the Organization for Economic Co-operation and Development (OECD), the annual growth rate of consumer prices accelerated to 1.2 percent in July from 1.1 percent in...

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Credit insurers: we have survived so far, but bankruptcies in the world economy are coming by the end of the year

The number of bankruptcies in the global economy will increase by 26 percent this year – according to Atradius’s credit insurance analysis. According to the study, fewer companies collapsed in...

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Retail sales in the Czech Republic grew by 1.9 percent in July

In July, retail sales in the Czech Republic increased by 3 percent year-on-year and seasonal effect adjusted by 1.9 percent, after the 1.4 percent decrease of the previous month. Compared...

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(HU) Öt éve nem volt ilyen pusztító nyarunk: mekkora a baj?

Sorry, this entry is only available in HU....

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One bite of Kellogg’s Incogmeato Burger

Incogmeato by MorningStar Farms launched national giveaway and partnered with Postmates to bring a one-bite challenge to the doorsteps of plant-based skeptics. The plant-based category leader1 owned by Kellogg’s helped...

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(HU) Meghosszabbították a fertőtlenítőszerek ideiglenes engedélyét

Sorry, this entry is only available in HU....

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KSH: The turnover of retail stores increased by 0.4 percent

In July, both raw and calendar-adjusted data showed retail store sales up 0.4 percent from a year earlier. With this, the willingness to buy reached the level of a year...

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The producer price of peaches is increasing

Producer prices for peaches were nearly 40 percent higher in the 24th – 35th week of 2020, compared to a year before. This year more than 500 forints per kilogram...

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