Hungary Financial News

Money talks, as they say, but even $23 billion of it did not convince the founders of Wiz Inc to sell the business to Alphabet Inc, parent of Google. Wiz, a New York-headquartered cybersecurity company that until recently would have been confused with a Hungarian low-cost airline or the name of a rapper, has apparently made the mother of all jiujitsu moves against the acquisitive tech giant.

soap star Esta TerBlanche has tragically passed away at the age of 51. The actress was discovered dead at her Hollywood home. She was best known for her role as Gillian Andrassy in the hit comedy All My Children. Esta passed away unexpectedly on Thursday, July 18, as disclosed by her goddaughter Barbie Ashley. She had reportedly passed away the day before her body was found.

Oscar Piastri won his first Formula One race after completing a McLaren one-two with Lando Norris at the Hungarian Grand Prix on Sunday. The 23-year-old Australian driver started second behind pole-sitting Norris and beat him to the first turn to take the lead. Norris got ahead after a pit-stop strategy that favored him, but he then finally complied with a request by his team to give the lead back to his partner. Lewis Hamilton finished third behind the papaya-colored pair for his 200th career podium.

Kush Maini won his maiden Formula 2 Sprint Race at the Hungarian Grand Prix after initial winner Richard Verschoor's was disqualified due to a technical infringement. Following the top of podium finish, the 23-year-old Invicta racing driver added 10 points to his season tally. With the win at the at Hungaroring on Saturday, Maini surpassed Mercedes junior driver Kimi Antonelli in the Formula 2 Drivers Standings to P8 with 66 points under his belt. Placed ninth on the starting grid in round 9 of the F2 Championship, Maini had his work cut out after a tough start on the hard compound tyre, which saw him lose a position on the opening lap to the Prema racing driver Antonelli.

Lewis Hamilton decided he needed to switch teams, Mercedes finally gives him a competitive car. Mercedes has elbowed its way into the most tightly contested Formula 1 season since Max Verstappen wrested the mantle of serial winner from Hamilton in 2021. Seven-time world champion Hamilton and Mercedes teammate George Russell have won back-to-back races; Russell was first in Austria and Hamilton surprisingly took the victory at Silverstone, and the team arrived this week at the Hungarian Grand Prix with renewed hope after a long spell of self-doubt.

Donald Trump said Friday he had spoken by telephone with Ukraine leader Volodymyr Zelensky, and pledged to end the European country's war with Russia. «I appreciate President Zelensky for reaching out because I, as your next President of the United States, will bring peace to the world and end the war that has cost so many lives and devastated countless innocent families,» Trump said in a post on his Truth Social platform. «Both sides will be able to come together and negotiate a deal that ends the violence and paves a path forward to prosperity.»

NEW YORK—For die-hard fans of the Rubik’s Cube, it isn’t about whether you can crack the iconic puzzle. It’s about how fast. In a bustling hotel ballroom in Queens, some 90 competitors are practicing or locked in a speed-cubing showdown, racing to match all sides of the three-dimensional puzzle.

The perfect European, or so the sarcastic quip goes, should drive like a Frenchman, cook like the Dutch, be as organised as the Greeks and as humorous as a German. A variant of the joke might haunt those trying to devise the perfect ally for Ukraine as it fends off Russian aggression. Imagine a country the size of Latvia, with the budget problems of the hard-up Italians, the willingness to pitch in of Kremlin-loving Hungarians and the arms industry of neutral Ireland.

DORTMUND, Germany: Germany takes on Denmark in the round of 16 at Euro 2024 on Saturday. Germany will have to make changes in defense for the game as it tries to carry the host-nation buzz deeper into the knockout stages. Kickoff is at 9 p.m. local (1900 GMT) in Dortmund. Here's what to know about the match: Match facts — This is the only game in the round of 16 that features two unbeaten teams. Germany finished top of Group A with wins over Scotland and Hungary and a draw with Switzerland. Denmark drew all of its games against Slovenia, England and Serbia. — Germany was eliminated by eventual runner-up England in the round of 16 at Euro 2020 and hasn't won a knockout game at a major tournament since Euro 2016.

European Union on Thursday, disbursed Euro 1.9 billion for Ukraine amid its ongoing conflict with Russia. European Union President Ursula von der Leyen, said that the fund under the Ukraine Facility is aimed to keep the Ukrainian state running as they «fight for freedom.»

“A loan, though old, is not a gift" is an old Hungarian saying. This is especially apt in today’s digital age where even a minute delay is reported into the system and is remembered by lenders and others for a very, very long time.

The European Union’s executive arm is criticizing France for running up excessive debt, a stinging rebuke at the height of the election campaign where President Emmanuel Macron is fighting off challenges of the extreme right and the left

Polestar intends to launch in seven markets next year, the Swedish electric-vehicle maker said on Monday, as it looks to attract new customers. The company will enter France, Czech Republic, Slovakia, Hungary, Poland, Thailand and Brazil in 2025.

Inter Miami will play Philadelphia Union in Major League Soccer (MLS) game at Subaru Park on Saturday. Miami has 35 points from 18 games, and Philadelphia has 20 points off 16 matches. Inter Miami versus Philadelphia Union soccer game will kick off at 7.30 pm (ET) on June 15. Inter Miami and Philadelphia Union's match can be watched on MLS Season Pass.

PayPal payments are live to users of the digital assets payment platform MoonPay across the European Union and the United Kingdom.

Right-wing nationalist parties look set to surge in elections across Europe this week, but the shock wave will travel slowly due to rifts among the political forces. Many of the parties see former President Donald Trump as a model. They pledge to peel back Brussels’ power and shift European Union policy on hot-button issues including migration and climate policies.

UEFA Euro Cup's drawings have happened, the field is set, and it is almost time to see the referees and players walk into the stadium with the match ball. However, before the whistle blows, there are some interesting details and updates around the 2024 Euro Cup, that raises the temperature of the excitement around this championship even more.

Tyres manufactured in India are succeeding in testing international conditions and are being accepted by global customers, said Apollo Tyres managing director Neeraj Kanwar.

Hungarian Prime Minister Viktor Orbán is pushing back against some NATO proposals that would allow Ukraine to use Western weapons to strike targets within Russia

Hungary’s top diplomat has visited Belarus for talks on expanding ties despite the European Union’s sanctions against the country

With the dollar on the rise, American tourists can outspend the locals in some of the world’s top travel spots. Visitors to Asia, South America and Eastern Europe are upgrading their accommodations and enjoying fine dining at prices that can’t be matched back home. The strong dollar, bolstered by high interest rates and a strong economy, allows those who normally scour for budget deals to feel rich enough to reserve tables at Michelin-recommended restaurants.