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7-Eleven to build its own e-vehicle charging network
7-Eleven is launching 7-Charge, a new electric vehicle charging network and a related app, at several places in Florida, Texas, Colorado, and California. Customers can charge any electric vehicle brand and model compatible with CHAdeMO...
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Gasoline prices are skyrocketing, yet two-thirds of Hungarians traveled abroad by car this year
The Central Statistical Office 2022 IV. data for the fourth quarter of the year already showed that Hungarians started traveling abroad again: the number of trips beyond our country’s borders...
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New FDA rules would allow salt substitute use for manufacturers
The US Food and Drug Administration (FDA) is proposing new regulation to let manufacturers use salt substitutes in items with standards of identity that include salt. This new rule would...
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Protecting our created world is our common duty
Hungary is committed to the fight against climate change, Minister of Agriculture István Nagy announced at the AIM for Climate conference in Washington on Monday. In his speech, the minister...
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Auchan France Launches New Smart Store At Its Headquarters
Auchan France has announced the launch of an Auchan Go le lab outlet at its headquarters in Villeneuve d’Ascq. After the success of its first contactless store, installed on the EDHEC...
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Retail losses — and apprehensions — soar in 2022
Eighty-one percent of U.S.-based retailers reported that shrink increased in 2022, according to “The 35th Annual Retail Theft Survey,” from loss prevention and inventory shrinkage control consulting firm Jack L....
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Chamber of Agriculture: the risk of infection in orchards has increased
The frost did not affect the apple orchards significantly in recent weeks, rather the threat of infection to the orchards increased due to the rainy weather – read the plant...
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AB Inbev posts double-digit growth
Anheuser-Busch InBev reports double-digit revenue and profit growth worldwide for the first quarter. Sales increased by 13.2 percent (EBITDA: 13.6 percent). The growth came from 0.9 per cent volume growth...
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This year, the NAK Szántóföldi Days and Agricultural Machinery Show will focus on sustainability
This year, the NAK Szántóföldi Days and Agricultural Machinery Show will focus on sustainability, but the usual, popular programs will not be left out either – said the president of...
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The volume has decreased, but is less food really consumed?
The FMCG industry is experiencing challenging times due to the ongoing pandemic and other economic factors such as inflation and supply chain disruptions. During Pénzcentrum‘s recent discussion with representatives of...
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EY: Hungarians live in emergency mode
In January, EY conducted representative research in 27 countries to assess how consumer habits have changed due to inflation. They pointed out that the current consumer mood is very similar...
Read moreRetail sales decreased in the euro area and the EU in March
In March, retail sales in the euro area and the European Union decreased in both monthly and annual comparisons. The statistical office of the European Union, Eurostat, announced on Friday...
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K&H: Hungarians feel less secure due to high inflation
Among the 30-59 year olds, the proportion of those who consider their financial situation to be extremely secure has dropped significantly, from 31 percent to 24 percent in one year,...
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FAO: The measure of world food prices rose in April for first time in a year
FAO Food Price Index increases, amid higher international quotations for sugar, meat and rice, while prices for wheat, maize, dairy products and vegetable oils decline The benchmark index of international...
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GFM: from June, the mandatory promotions will start in order to break food price inflation
The war and the failed sanctions policy led to unprecedented inflation across Europe. The government’s goal is to protect families, pensioners, jobs, and full employment even in an economic situation...
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In Romania, the volume of retail trade increased by 5.2 percent in the first quarter
In Romania, according to raw data, the volume of retail trade increased by 5.2 percent in the first quarter of this year compared to the same period last year, the...
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Consumers were deceived about the effects of Norbi Update products, GVH fined the company HUF 40 million
According to the investigation of the Economic Competition Office (GVH), the distributor of Norbi Update products deceived consumers in several ways, the office fined the company HUF 40 million, the...
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This year, the “Forest of Newborns” will grow to 450 hectares
With the cooperation of the Ministry of Agriculture, the “Forest of Newborns” Program was launched in 2020, within the framework of which, according to the commitment made in the Climate...
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More and more people are taking small loans
The number of personal loans is increasing, but their average amount is decreasing. Customers exchange their previous current account, credit card and merchandise loans for personal loans. More and more...
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British retail is hoping for an extra income of one and a half billion pounds during the coronation weekend
British retail trade is hoping for almost one and a half billion pounds in extra income. During the coronation weekend of King Charles. Charles, whose mother, II. Queen Elizabeth has...
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The Hungarian countryside is on a growth path
The vision of the Hungarian government is that farming and food industry production should be a profitable and socially recognized occupation in the long term – said Minister of Agriculture...
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Polish Minister of Agriculture: grain corresponding to ten percent of last year’s harvest flowed in from Ukraine
About 3.5 million tons of grain, or ten percent of last year’s Polish harvest, flowed from Ukraine to Poland, Polish Minister of Agriculture and Rural Development Robert Telus announced on...
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Carrefour to open virtual store on Rakuten marketplace
In April Carrefour opens a virtual store on the Rakuten marketplace, in a partnership that will make it possible for the two players to “strengthen their omnichannel strategies and customer...
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Before and after the high season
Like-for-like household paper product sales augmented by 32.4% in value in 2022, but volume sales dropped 10% from the 2021 level. Value sales were up 40.2% in the facial tissue...
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TotalEnergies partners with Canada’s Alimentation Couche-Tard
For four European countries, TotalEnergies has entered into a partnership with Canadian retailer Alimentation Couche-Tard. As part of the deal, Total Energies will cooperate with Couche-Tard in Belgium and Luxembourg, and it...
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Optimizing energy use is a key issue in agriculture
The optimization of production processes and energy use in agriculture has become a key issue in the recent period, which requires capital, but pays off, which is why supporting this...
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The company mobile phone can also be used as a bank card accepting terminal
Since 2021, it is mandatory to provide electronic payment options for businesses with online cash registers, so the number of bank card terminals has doubled in the last 3 years:...
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Nestlé To Test New Satellite Technology For Reforestation Projects
Food giant Nestlé has announced that it is commencing a pilot for Airbus’s new Pléiades Neo satellites to monitor its reforestation efforts. Nestlé will use the high-resolution images generated by...
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The future of Hungarian agriculture lies in agricultural vocational training
Farming is not just a job, but a way of life – declared Sándor Farkas, Deputy Minister of the Ministry of Agriculture, III Agricultural Training Institutes, organized within the framework...
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Aldi details big U.S. expansion plans for 2023
Aldi continues to live up to its reputation as the nation’s fastest-growing grocer. The discount grocer will open 120 new stores this year, giving it a total of more than...
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