988 result(s) for markets
Forint Strengthens As Hungary Welcomes ECB Announcement
- 28 Jan 2015 8:00 AM
- business
Hungary’s forint got a boost from a falling euro against the dollar after the European Cental Bank (ECB) announced an extended asset purchase programme comprising sovereign euro area debt. Forint is now trading at 311,5 to the euro on the interbank forex market, up from 315.31 late Wednesday. Forint hit an all-time low at 327.62 last Thursday. Hungary’s Economy Ministry also welcomed the ...
Baumax Announces Exit From Hungary
- 22 Jan 2015 12:50 AM
- shopping
DIY-chain Baumax will shut down its Hungarian operations, closing all 14 shops by April, the Austrian company has announced. The retailer’s four stores in Budapest and ten outside the capital operate with 788 staff.
Raiffeisen Says Hungary Unit Lacks Share Holder Value
- 21 Jan 2015 8:00 AM
- business
Raiffeisen Bank International cannot ignore a lack of profits at its Hungarian operation indefinitely, the Austrian group’s head of corporate business said. The remarks by Peter Lennkh at a Euromoney conference in Vienna came as Raiffeisen reviews its portfolio, potentially resulting in a withdrawal from one or more foreign markets this year.
Invitel Appoints David Blunck As New CEO In Hungary
- 17 Jan 2015 8:00 AM
- tech
By Christian Keszthelyi: David Blunck was appointed CEO of Hungarian telecommunications company Invitel yesterday, replacing David McGowan on the position, the company announced today.
Swiss Central Bank Move Sends Hungarian Forint Tumbling
- 16 Jan 2015 8:00 AM
- business
The forint sank to new all-time lows against the euro and the Swiss franc yesterday after Switzerland’s central bank stunned markets by scrapping the ceiling on its currency, in place since 2011. The Swiss franc surged to 0.85 per euro from 1.20, a 40% gain, before stabilising at parity with the euro.
Hungary, China, Serbia Sign Budapest - Belgrade Railway Deal
- 15 Jan 2015 8:00 AM
- getting around
An agreement signed by officials from Hungary, Serbia and China has paved the way for preparations for the modernisation of the rail line between Budapest and Belgrade. The agreement clears the way for the preparation of the feasibility study, the intergovernment agreement and the financing model for the project.
Hungarian Forint Weakens To 3-Year Low
- 5 Jan 2015 4:00 AM
- business
The forint was trading around 319 to the Euro by 10:20am on Monday, weakening more than two forints from 316.57 late on December 31, its latest Budapest session. The forint briefly shot to 320.80 by 9am before recovering.
Four Questions For Hungarian Prime Minister Viktor Orbán
- 30 Dec 2014 8:00 AM
- current affairs
"Dear Prime Minister Orbán:
I am writing to request clarification concerning certain statements you made during the interview broadcast by Hungarian state television Tuesday night, or the night before Christmas Eve.
Sunday Shop Opening Rules In Hungary
- 22 Dec 2014 8:00 AM
- shopping
As of 15 March 2015 a day of rest will be introduced in the Hungarian retail sector. The aim of the legislation is not to keep shops closed, but to allow everyone to have the last day of the week off.
Forint Strengthens As Hungary Welcomes ECB Announcement
- 28 Jan 2015 8:00 AM
- business
Hungary’s forint got a boost from a falling euro against the dollar after the European Cental Bank (ECB) announced an extended asset purchase programme comprising sovereign euro area debt. Forint is now trading at 311,5 to the euro on the interbank forex market, up from 315.31 late Wednesday. Forint hit an all-time low at 327.62 last Thursday. Hungary’s Economy Ministry also welcomed the ...
Baumax Announces Exit From Hungary
- 22 Jan 2015 12:50 AM
- shopping
DIY-chain Baumax will shut down its Hungarian operations, closing all 14 shops by April, the Austrian company has announced. The retailer’s four stores in Budapest and ten outside the capital operate with 788 staff.
Raiffeisen Says Hungary Unit Lacks Share Holder Value
- 21 Jan 2015 8:00 AM
- business
Raiffeisen Bank International cannot ignore a lack of profits at its Hungarian operation indefinitely, the Austrian group’s head of corporate business said. The remarks by Peter Lennkh at a Euromoney conference in Vienna came as Raiffeisen reviews its portfolio, potentially resulting in a withdrawal from one or more foreign markets this year.
Invitel Appoints David Blunck As New CEO In Hungary
- 17 Jan 2015 8:00 AM
- tech
By Christian Keszthelyi: David Blunck was appointed CEO of Hungarian telecommunications company Invitel yesterday, replacing David McGowan on the position, the company announced today.
Swiss Central Bank Move Sends Hungarian Forint Tumbling
- 16 Jan 2015 8:00 AM
- business
The forint sank to new all-time lows against the euro and the Swiss franc yesterday after Switzerland’s central bank stunned markets by scrapping the ceiling on its currency, in place since 2011. The Swiss franc surged to 0.85 per euro from 1.20, a 40% gain, before stabilising at parity with the euro.
Hungary, China, Serbia Sign Budapest - Belgrade Railway Deal
- 15 Jan 2015 8:00 AM
- getting around
An agreement signed by officials from Hungary, Serbia and China has paved the way for preparations for the modernisation of the rail line between Budapest and Belgrade. The agreement clears the way for the preparation of the feasibility study, the intergovernment agreement and the financing model for the project.
Hungarian Forint Weakens To 3-Year Low
- 5 Jan 2015 4:00 AM
- business
The forint was trading around 319 to the Euro by 10:20am on Monday, weakening more than two forints from 316.57 late on December 31, its latest Budapest session. The forint briefly shot to 320.80 by 9am before recovering.
Four Questions For Hungarian Prime Minister Viktor Orbán
- 30 Dec 2014 8:00 AM
- current affairs
"Dear Prime Minister Orbán:
I am writing to request clarification concerning certain statements you made during the interview broadcast by Hungarian state television Tuesday night, or the night before Christmas Eve.
Sunday Shop Opening Rules In Hungary
- 22 Dec 2014 8:00 AM
- shopping
As of 15 March 2015 a day of rest will be introduced in the Hungarian retail sector. The aim of the legislation is not to keep shops closed, but to allow everyone to have the last day of the week off.