275 articles
Mol achieved significant performance in the second quarter of 2023, which was not seen since the 2022 energy crisis. The Downstream segment reached a record high, due to increased margins, normalized product supply, and the return of Russian oil. The Upstream segment also achieved strong results, making the third quarter the strongest in the period, with net profit exceeding analyst expectations by nearly 60 percent. The reasons and sustainability will also be examined.
uzlet-vallalkozasAmerican lawmakers have introduced a bill that would provide a mechanism for quickly shutting down potentially dangerous artificial intelligence systems. The initiative aims to ensure that humanity maintains control over technology, according to the BBC.
uzlet-vallalkozasThe Hungarian stock exchange rose amid a favorable international stock market mood, with the BUX index reaching a new high on Friday’s trading.
uzlet-vallalkozasAn exciting morning awaited those who follow the statistics published by the Magyar Nemzeti Bank (National Bank of Hungary), as the central bank also released the housing price index for the first and second quarters of this year. According to the latest data, housing prices decreased in all types of settlements during April-June, for the first time in three years, compared to the previous quarter, which also indicates a slowdown in growth. Ádám Banai will also participate in the Portfolio Property Investment Forum conference.
uzlet-vallalkozasSoon, the winner of the title of “CFO of the Year” in Hungary will be revealed. The deadline to apply for the “CFO of the Year 2026” award is September 15, and the award will be presented at the Portfolio Future of Finance 2026 conference on September 23.
uzlet-vallalkozasIn a Check List broadcast on Thursday, the discussion focused on trends in the housing market and fuel prices. Economist-urbanist Varga Zoltán emphasized that maintaining and modernizing the existing housing stock is much more important than building new homes. In another segment, energy analyst Kristóf Mohos discussed the factors behind the rising prices of gasoline and diesel, and analyzed which factor has the greatest impact on prices.
uzlet-vallalkozasDue to rising memory prices caused by investments in artificial intelligence, automakers worldwide are facing increased costs, which threatens to make new vehicles more expensive, according to Nikkei Asia.
uzlet-vallalkozasThe Hungarian stock exchange opened in the early hours with a slight negative trend, and the blue chips are showing mixed results.
uzlet-vallalkozasVolkswagen has lowered its annual sales forecast due to the declining sales in China, which makes Oliver Blume’s restructuring plan more difficult, aimed at restoring the competitiveness of Europe’s largest car manufacturer. This information was reported by Bloomberg.
uzlet-vallalkozasTensions are emerging in the Hungarian fuel market, where wholesale prices are rising rapidly, while retail prices remain stagnant. This situation is particularly affecting independent gas stations, such as the Envi Group, which has suspended the sale of fuel in Dunaújváros and Székesfehérvár. The Gas ‘N Go gas station in Újszás also can only obtain fuel from Austrian imports, which is changing the survival strategies of gas stations.
uzlet-vallalkozasThe price of Brent crude oil remained above $100 on Friday morning, signaling a fourth consecutive week of increases. The rise is driven by disruptions in red sea energy supplies, as well as fears of escalation in the US-Israeli war against Iran.
uzlet-vallalkozasThe announcement of upper limits for higher education loans has started the rental season, which is showing a more restrained demand and slower price increases this year. This is partly due to the fact that the “Home Start Program” has directed many renters towards homeownership. Furthermore, more and more families are considering buying, especially in areas where property prices and rental yields are more favorable compared to renting. The article also presents opportunities in this area.
uzlet-vallalkozasUncertainty regarding the Iran-Iraq war and corporate earnings reports are driving market sentiment, while oil and gas prices are rising again, with Brent exceeding $100 per barrel, leading to a significant downturn in the stock market.