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Persons: Erno Laszlo, Erno Laszlo Black, Greta Garbo, Katherine Hepburn, Laszlo, Erno Lazlo, Laszlo Hydra, Erno Laszlo Shake Organizations: Business

In President-elect Trump, these ascendant insurgents across the pond see a key ally, someone who shares their mix of authoritarianism, populism and extreme hostility to immigration. “We have big plans for the future!” posted Hungary’s Prime Minister Vikor Orbán, an influential Trump friend and ally, calling it “a much needed victory for the World!”Orban visited Trump at his Mar-a-Lago resort in Florida earlier this year. Hungarian Prime Minister Viktor Orban at an EU Summit in Budapest on Friday. The AfD is an anti-immigration, anti-Muslim political party that is being monitored by the country’s domestic intelligence agency for suspected extremism — something it denies. Argentina’s far right, libertarian president, Javier Milei, told Trump he could “count on Argentina to carry out your task.” And Israel’s ultranationalist National Security Minister Itamar Ben-Gvir reacted with a “Yesssss.”

Persons: Donald Trump’s, ”, Vikor Orbán, Trump, ” Orban, András, “, László, aren’t, Viktor Orban, Petr David Josek, Geert Wilders, Giorgia Meloni, Alice Weidel, Stefan Keuter, Christoph Reichwein, Siegbert Droese, ” Stefan Keuter, Vladimir Putin, Putin, Keuter, “ Trump, Javier Milei, Itamar Ben, Gvir Organizations: Trump, Hungary’s, Fidesz, NBC, EU, Washington, WIN, Getty, NBC News, Young Republicans, Nazi, National Locations: Lago, Florida, Budapest, Netherlands, Italy, Washington, Rome, Germany, Essen , Germany, Ukraine, Europe, Argentina

☆ László Csongrádi: Olympic champion offers to bequeath stolen gold medal to thief in his will if returned
▼ + stars: | 2024-09-25 | by ( Story Reuters | ) edition.cnn.com time to read: +1 min

CNN —Former Hungarian fencer László Csongrádi has been left so distraught by the theft of his Olympic gold medal that he has offered to leave it to the thief in his will if it is returned. Csongrádi, 65, won the Olympic gold in the men’s team sabre competition at the 1988 Summer Olympics in Seoul. “For two weeks, I can’t calm down and be happy because everything reminds me of my stolen Olympic gold medal,” Csongrádi told Hungary’s Sportal website. “He could have taken other important things, but for some reason (the medal) was all he was interested in,” he added. “The thief touched many things, many fingerprints were left behind, but there is nothing to identify them.

Persons: CNN —, László Csongrádi, ” Csongrádi, Hungary’s, “, ”, Csongrádi Organizations: CNN Locations: Hungarian, Csongrádi, Seoul, ”

☆ Amazon RTO push is like ordering a new dish at a restaurant, only to realize you like your usual order better, says ex-Google HR boss
▼ + stars: | 2024-09-20 | by ( Will Martin | ) www.businessinsider.com time to read: +1 min

Amazon's five-days-a-week RTO push is "a triumph of traditional management over innovative management." He compared the decision to reverting to your usual order after trying something new at a restaurant. Go to newsletter preferences Thanks for signing up! AdvertisementAmazon's new five-days-a-week return to office policy is "a triumph of traditional management over innovative management," a former top Google executive says. He compared Amazon's reversion to its pre-pandemic office policies to ordering a new dish in a restaurant before reverting back to your usual order.

Persons: Laszlo Bock, —, Fortune, Bock, Gretel Organizations: Service, Google, Amazon, Business

☆ Activists Deface Portrait of Balfour, Who Supported Jewish Homeland
▼ + stars: | 2024-03-08 | by ( Marc Tracy | More About Marc Tracy | ) www.nytimes.com time to read: +1 min

A pro-Palestinian group slashed and spray-painted a century-old portrait of Arthur James Balfour at the University of Cambridge on Friday, defacing a painting of the British official whose pledge of support in 1917 for “the establishment in Palestine of a national home for the Jewish people” helped pave the way to Israel’s founding three decades later. The group, Palestine Action, said in a statement that the destruction of the portrait in Trinity College, Cambridge, was intended to call attention to “the bloodshed of the Palestinian people since the Balfour Declaration was issued,” particularly in light of the current conflict in Gaza. A spokeswoman for Trinity, whose alumni include King Charles III as well as Balfour himself, said in a statement on Friday that the college “regrets the damage caused to a portrait of Arthur James Balfour during public opening hours” and that it had notified the police. A Cambridge police statement said officers were on the scene to investigate a report of “criminal damage.”Palestine Action posted a video of a protester first spraying the portrait, painted in 1914 by Philip Alexius de László, with red paint and then slashing it with a sharp object. The group’s statement said Balfour had given away the homeland of the Palestinians — “a land that wasn’t his to give away” — touching off what it described as decades of oppression.

Persons: Arthur James Balfour, defacing, ”, Balfour, King Charles III, “, Philip Alexius de László Organizations: University of Cambridge, British, Palestine, Trinity College , Cambridge, Trinity, Cambridge Locations: Palestine, Gaza

☆ Hungarian Opposition Seeks Extraordinary Session of Parliament on Sweden NATO Bid
▼ + stars: | 2024-01-29 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

By Boldizsar GyoriBUDAPEST (Reuters) - Hungarian opposition parties submitted a motion on Monday calling for an extraordinary session of parliament on Feb. 5 to ratify Sweden's application to join NATO. Hungary is the only country in the 31-member Atlantic alliance yet to ratify Sweden's application. Turkey completed its approval last week, some 20 months after Stockholm applied to join NATO following Russia's full-scale invasion of Ukraine. But parliamentary speaker Laszlo Kover said there was no urgency for any extraordinary move to ratify Sweden's NATO accession and suggested that opposition attempts at an extra session would be likely to fail. Hungary's parliament is not currently in session, but NATO chief Jens Stoltenberg said last Friday he expected the assembly to ratify Sweden's accession at the end of February after it reconvenes.

Persons: Zita Gurmai, Gurmai, Viktor Orban, Vladimir Putin, Laszlo Kover, Jens Stoltenberg, Orban, Boldizsar Gyori, Jason Hovet, Timothy Heritage Organizations: Gyori, NATO, Atlantic, Reuters, Fidesz, Christian Democrat, Sweden's, Union Locations: Gyori BUDAPEST, Hungary, Turkey, Stockholm, Ukraine, Hungarian, Brussels

☆ Hungary Far-Right Would Lay Claim to Neighbouring Region, if Ukraine Loses War
▼ + stars: | 2024-01-28 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

BUDAPEST (Reuters) - Hungary's far-right Our Homeland party would lay claim to a western region of Ukraine that is home to about 150,000 ethnic Hungarians if Ukraine loses its statehood due to Russia's invasion, the party's leader said late on Saturday. "Regarding the war in Ukraine, our message is very simple: immediate ceasefire, peace and a resolution through talks," Toroczkai said in a video posted on his party's website, calling for autonomy for ethnic Hungarians in western Ukraine. "If this war ends up with Ukraine losing its statehood, because this is also on the cards, then as the only Hungarian party taking this position, let me signal that we lay claim to Transcarpathia," he said, drawing applause from the crowd. Budapest has clashed with Kyiv over what it says are curbs on the rights of roughly 150,000 ethnic Hungarians to use their native tongue. Last month all European Union states except Hungary, which is also a member of NATO, agreed to start EU accession talks with Ukraine.

Persons: Laszlo Toroczkai, Toroczkai, Viktor Orban, Zoltan Kovacs, Peter Szijjarto, Dmytro Kuleba, Denys Shmyhal, Boldizsar Gyori, William Maclean Organizations: Homeland, Dutch Forum for Democracy, Ukraine, Hungarian Foreign Ministry, Hungarian, Union, NATO Locations: BUDAPEST, Ukraine, Ukrainian, Budapest, Hungarian, Hungary

☆ Sweden’s Leader Says He Will Meet With Orban to Advance NATO Bid
▼ + stars: | 2024-01-25 | by ( Andrew Higgins | More About Andrew Higgins | ) www.nytimes.com time to read: +1 min

Bowing to a Hungarian demand for negotiations over the expansion of NATO, the prime minister of Sweden on Thursday agreed to hold talks with Hungary’s leader, Viktor Orban, the last obstacle blocking the Nordic nation’s admission to the military alliance. A vote by Turkey’s parliament on Tuesday to accept Sweden as a member of the alliance, however, left Hungary as the only holdout and strengthened Mr. Orban’s leverage. It also intensified accusations abroad that he was effectively holding Sweden’s membership for ransom. In a sign that Mr. Orban intended to use his leverage, Laszlo Kover, a close ally of the Hungarian prime minister and the speaker of Parliament, indicated Thursday that he was in no hurry to put the matter to a vote. Parliament is in recess and is not scheduled to return until Feb. 15.

Persons: Viktor Orban, Ulf Kristersson, Orban, —, Laszlo Kover Organizations: NATO, Nordic, Budapest Locations: Sweden, Swedish, United States, Hungary

☆ A concierge at the world's most luxurious hotel details guests' wildest wishes, from a hot air balloon proposal to a 2 a.m. shopping spree
▼ + stars: | 2024-01-16 | by ( Joey Hadden | ) www.businessinsider.com time to read: +5 min

Burj Al Arab Jumeirah is one of the world's most iconic luxury hotels on a manmade island in Dubai. Roger Geadah is the hotel's chief concierge, who organizes custom experiences for guests. AdvertisementThe Burj Al Arab Jumeirah hotel in Dubai is "the most luxurious hotel in the world," Business Insider previously reported. Meet the chief concierge at the world's most luxurious hotel who caters to guests' every whimA view of Burj Al Arab Jumeirah in Dubai. In addition, he also plans exclusive experiences only available at Burj Al Arab Jumeirah, such as a high-end, exclusive star-gazing experience on the hotel's helipad.

Persons: Roger Geadah, Geadah, —, It's, Sylvain Sonnet, Burj Al Arab Jumeirah, Julia Schmitz, Laszlo Szirtesi Organizations: Service, Al Arab Jumeirah, BI, Michelin, Travel, Burj Al, Dubai Mall, Oneworld, Getty Locations: Al Arab, Dubai, Arabian, Burj Al Arab Jumeirah, Paris, Burj Al Arab, Dubai's, Deira, India

☆ EU executive approves 900 mln euros in funds for Hungary
▼ + stars: | 2023-11-23 | by ( Gabriela Baczynska | ) www.reuters.com time to read: +3 min

EU support is crucial to Ukraine, which has been struggling to push back a full-scale Russian invasion since February 2022. EU officials said Hungary's amended recovery plan is worth a total of 10.4 billion euros over several years - or about 5% of Hungary's 2023 GDP - including 4.6 billion euros under RePowerEU: 0.7 billion euros in grants and 3.9 billion in loans. EU officials said Hungary would use the RePowerEU money to modernise its electricity sector through smart metres and digitalisation of energy companies. EU officials expected two payments of around 460 million euros each to follow next year. EU officials told Reuters last month that the bloc was considering unlocking aid for Hungary to win Budapest's support for Ukraine.

Persons: Laszlo Balogh, Viktor Orban, Orban, Gabriela Baczynska, Toby Chopra Organizations: Hungarian, European Union, National Bank of Hungary, REUTERS, Ukraine EU, European Commission, Ukraine, Kyiv, Fidesz, Reuters, Thomson Locations: Budapest, Hungary, Ukraine, BRUSSELS, Brussels, Russia, EU, Moscow

☆ The billionaire's calendar
▼ + stars: | 2023-11-16 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

What the rest of us consider small talk at work, Gen Zers have rebranded as "corporate flirting." In today's big story, we're unpacking all the far-flung places and high-end events billionaires visit and attend throughout the year. But by early 2024, there will likely be more Gen Zers working full-time than baby boomers. It commemorates when the "Guinness World Records" book became the best-selling book of all time in 2004. It commemorates when the "Guinness World Records" book became the best-selling book of all time in 2004.

Persons: —, Gen Zers, we're, it's, Madeline Berg, Madeline, there's, Laszlo Balogh, Tom Cooper, I'm, Hayley Cuccinello, Hayley, Marianne Ayala, Lelanie Foster, Ruzwana Bashir, Peek —, Bashir —, Tesla, Matt Harrison Clough, Miami —, Karol G, Edgar Barrera, Shakira, Starr Douglas, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Monaco, Sun, Getty, Business, Guinness, Records, Walmart Locations: Davos, London, America, Houston, Miami, Seville, Spain, Macy's, New York City, San Diego, New York

☆ Madeleine Carroll portrait, first 'Hitchcock Blonde', headed to auction
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +1 min

"Mrs Philip Astley, nee Madeleine Carroll", a portrait of the actress Madeleine Carroll by the artist Philip Alexius de Laszlo, is seen on display at Christie's auction house in London, Britain November 15, 2023. NO ARCHIVES Acquire Licensing RightsLONDON, Nov 15 (Reuters) - A portrait of actress Madeleine Carroll, who was considered the first "Hitchcock Blonde", is headed for auction next month, with a price estimate of around $60,000 - $87,000. Hungarian artist Philip Alexius de Laszlo painted the portrait in 1935, the same year Carroll starred in Alfred Hitchcock's spy thriller film "The 39 Steps". The portrait, called "Mrs Philip Astley, née Madeleine Carroll", will be offered at Christie's British & European Art sale on December 14 during its "Classic Week" in London, with a price estimate of 50,000 - 70,000 pounds ($62,285 - $87,200). ($1 = 0.8028 pounds)Reporting by Marie-Louise Gumuchian and Madhurima Dutta, Editing by Alexandra HudsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Philip Astley, nee Madeleine Carroll, Madeleine Carroll, Philip Alexius de Laszlo, Will Russell NO, Carroll, Alfred Hitchcock's, née Madeleine Carroll, de Laszlo, Peter Brown, Marie, Louise Gumuchian, Madhurima Dutta, Alexandra Hudson Organizations: REUTERS, European, Reuters, Alexandra Hudson Our, Thomson Locations: London, Britain, Hungarian, Christie's

NEW YORK (AP) — Fiction originally written in Vietnamese, Polish and French and poetry in German and Arabic are among this year's finalists for National Translation Awards. On Wednesday, the American Literary Translators Association announced lists of six finalists in prose and poetry, with winning translators in each category receiving $4,000. In prose, nominees include Thuân's novel “Chinatown,” translated from Vietnamese by Nguyễn An Lý; Mikołaj Grynberg's “I’d Like to Say Sorry, But There’s No One to Say Sorry To,” translated from Polish by Sean Gasper Bye; and Monique Ilboudo's “So Distant from My Life,” translated from French by Yarri Kamara. The other prose finalists are László Krasznahorkai's “Spadework for a Palace," translated from Hungarian by John Batki; B. Jeyamohan's “Stories of the True,” translated from Tamil by Priyamvada Ramkumar; and Sheela Tomy's debut novel “Valli," translated from Malayalam by Jayasree Kalathil. Political Cartoons View All 1206 Images

Persons: Sean Gasper, Monique Ilboudo's “, Yarri Kamara, John Batki, Priyamvada Ramkumar, Sheela Tomy's, “ Valli, Jayasree Kalathil, Nelly Sachs, ”, Joshua Weiner, Linda B, Parshall, Phoebe Giannisi's “, Brian Sneeden, Wong, Iman Mersal's “, Robyn Creswell, Venus Khoury, Ghata's, Marilyn Hacker, Ananda Devi's “, Kazim Ali Organizations: Translators Locations: Tamil

☆ Hungary politician flags possible delay for Sweden's NATO bid
▼ + stars: | 2023-09-18 | by ( ) www.reuters.com time to read: +1 min

Swedish and NATO flags are seen printed on paper this illustration taken April 13, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsBUDAPEST, Sept 18 (Reuters) - Hungary is not sure it needs to approve Sweden's bid to join NATO, the parliament speaker told local television late on Sunday, potentially signalling further delays to the process. Hungary's approval has been stranded in parliament since July 2022, amid concerns over criticism by Swedish politicians of Hungary's democratic backsliding. "It is not sure we need to approve this bid," parliament speaker Laszlo Kover, a senior lawmaker of the ruling Fidesz party, told HirTV, referring to Sweden. Turkey and Hungary, however, have yet to ratify Sweden's bid, and both countries have said they closely coordinating their stance on the matter.

Persons: Dado Ruvic, Laszlo Kover, HirTV, reconvene, Krisztina, Muralikumar Anantharaman Organizations: NATO, REUTERS, Rights, Fidesz, Swedish, Sweden's, Thomson Locations: Hungary, Swedish, Sweden, Hungarian, Ukraine, Turkey

☆ Astronomy Photographer of the Year 2023: Stunning shot of giant plasma arc scoops top prize
▼ + stars: | 2023-09-15 | by ( Amarachi Orie | ) edition.cnn.com time to read: +4 min

CNN —A photograph of a huge plasma arc next to the Andromeda Galaxy, the closest large spiral galaxy to the Milky Way, has won the 2023 Astronomy Photographer of the Year competition for a team of amateur astronomers. A team of amateur astronomers, led by Marcel Drechsler from Germany and Xavier Strottner from France, discovered a previously unknown galactic nebula. Marcel DrechslerScientists are now investigating the large object, which is in the immediate vicinity of the Andromeda Galaxy, in a transnational collaboration, according to the observatory. The nebula is located in the Centaurus constellation, about 6,000 lights year away from Earth, according to the release. Two 14-year-old boys from China won Young Astronomy Photographer of the Year for their image of The Running Chicken Nebula.

Persons: Marcel Drechsler, Xavier Strottner, Yann Sainty, ”, astrophotographer, —, Runwei Xu, Binyu Wang, Yuri Beletsky, Monika Deviat, Ethan Chappel, Eduardo Schaberger Poupeau, John White, Chandra, Katherine Gazzard Organizations: CNN, Andromeda, Observatory Greenwich, Young, China, Young Astronomy, Sun, Perseus, Art, Royal Museums Greenwich, Maritime Museum Locations: Germany, France, China

☆ Laszlo Birinyi, Leading Stock Picker and Market Forecaster, Dies at 79
▼ + stars: | 2023-08-30 | by ( Alex Traub | More About Alex Traub | ) www.nytimes.com time to read: +1 min

His wife, Jill Costelloe Birinyi, said the cause was chronic heart failure. Mr. Birinyi (pronounced BUH-ree-nee), a former equities analyst at Salomon Brothers who founded his own money management firm in Westport, Conn., argued that the market had not only a history but also a “psychology,” and he used this insight as the basis for his market predictions. The public began to sense that Mr. Birinyi was onto something in the 1990s. As a frequent guest of “Wall Street Week,” a popular show on PBS (and, briefly, CNBC) hosted by Louis Rukeyser, Mr. Birinyi again and again won an annual stock-picking competition among panelists. From 1993 to 1998, his average annual return was 44 percent, against a 19.8 percent average annual rise by the Dow Jones industrials.

Persons: Laszlo Birinyi, “, ”, Jill Costelloe Birinyi, Birinyi, Salomon, Louis Rukeyser, Dow Jones industrials Organizations: Salomon Brothers, PBS, CNBC, Dow Locations: Southport, Conn, Westport

☆ A former Google recruiter says applicants have 'zero chance' of moving forward if their résumé is full of 'text bricks'
▼ + stars: | 2023-07-20 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

A former Google recruiter said a common résumé mistake is when there's too much text and words. He said applicants have "zero chance" of moving forward once he spots this easily avoidable error. Nolan Church, co-founder and CEO of executive talent platform Continuum, worked as a Google recruiter from 2012 to 2015. Church said: "There's zero chance you're going to move forward," when he sees this format. Church advised applicants to use apps like ChatGPT or Grammarly to help clean up and tighten their résumé.

Persons: there's, Nolan Church, Laszlo Bock, Bock, " Bock Organizations: Service, Google, Forbes, Harvard, CNBC Locations: Wall, Silicon

☆ British Grand Prix: Max Verstappen and Red Bull strive for perfection as F1 team chases unbeaten season
▼ + stars: | 2023-07-07 | by ( Amanda Davies | Thomas Schlachter | ) edition.cnn.com time to read: +5 min

I love, of course, driving to the limit, but I love winning,” Verstappen tells CNN Sport’s Amanda Davies ahead of the British Grand Prix at Silverstone. Robert Szaniszlo/NurPhoto/Getty ImagesRed Bull team principal Christian Horner is also hungry for more wins despite the team’s unrelenting start to the season. “It’s not something probably I will look back to when I’m 60 or 70.”Red Bull will be hoping to go unbeaten through the 2023 F1 season. His father, Jos Verstappen, was a successful racing driver in his own right and became the first ever Dutchman to secure an F1 podium finish. The F1 driver sees a big future for the virtual racing esport.

Persons: Max Verstappen, ” Verstappen, Amanda Davies, “, Red Bull, Sebastian Vettel, Verstappen, Sergio Pérez, Robert Szaniszlo, Christian Horner, “ It’s, ” Horner, Horner, ”, ‘, Bull, Michael Potts, Jos Verstappen, What’s, Laszlo Balogh Organizations: CNN, Prix, Silverstone, Verstappen, Vettel, Red Bull, CNN Sport, Formula, BSR Agency, Getty, Grands Prix Locations: British

Google (GOOGL), which for years ranked as the top company to work for in the United States, laid off thousands of workers by e-mail. During her early years there, she worked in marketing and became known as the “The Bard of Google” for the internal emails she sent celebrating the company’s culture. Google employee affected by January layoffs“The problem was, suddenly, you didn’t work for a company that was sending stuff to space or building autonomous cars,” Rout said. Hundreds of Google employees in Switzerland staged a walkout last week to protest layoffs, partly out of frustration with the lack of transparency. About a month before the January layoffs, one former employee said Google painted “You Belong” on one of the walls in their working area.

☆ Here's an exclusive look at how startup HeadRace raised $6 million in seed funding from Greylock to help headhunters beat the hiring slowdown
▼ + stars: | 2023-03-09 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +3 min

Marketplace startup HeadRace helps connect recruiters with employers looking to hire. The startup has raised $6 million in seed funding from Greylock, Susa Ventures, and Breyer Capital. After going through the exhausting process of hiring dozens of employees while at Uber and Flexport, Korsos was inspired to change the hiring system. Although hiring has slowed in large, public companies, it's actually accelerated in early-stage startups looking to fill a number of specialized roles, Korsos told Insider. Moving forward, the startup plans on using its seed funding to build out its technology offerings and improve its scalability, Korsos told Insider.

☆ Medical tourism looking sickly as patients watch their spending
▼ + stars: | 2023-02-27 | by ( Joanna Plucinska | ) www.reuters.com time to read: +5 min

"People are more cautious," Knott told Reuters, staring at the empty building across the street from his existing Kreativ Dental clinic. Rising air fares and fewer flights - and the memory of last summer's travel chaos - are also putting off would-be patients, clinic operators and analysts told Reuters. A hip or knee replacement at Nordorthopaedics in Lithuania is about 15% more expensive now than five years ago, the clinic told Reuters. Lyfboat, an Indian company providing medical services for foreign patients, told Reuters it has collaborated with a fundraising platform called ImpactGuru to help patients pay for essential surgeries. ACUTE VS ELECTIVEThe International Medical Travel Journal, published by market intelligence service LaingBuisson, estimates the medical tourism market is currently worth around $21 billion, less than pre-pandemic, although editor Keith Pollard warned data is poor.

☆ A Google recruiter reveals the 4 criteria the tech giant uses to select candidates and what a successful résumé should look like
▼ + stars: | 2022-11-17 | by ( Hendrikje Rudnick | Nathan Rennolds | Business Insider Deutschland | ) www.businessinsider.com time to read: +4 min

She told Insider the four key criteria the company uses to select candidates. Despite mass layoffs in the tech industry, Google is currently hiring for 2,334 jobs worldwide, according to its website. She told Insider the four key criteria the company uses to select candidates and what it looks for in a résumé. Candidates should use the X-Y-Z formula for a successful résumé, Emily Salkey, a program manager at Google, previously told Insider. The 4 criteria Google uses to select candidates"We don't do an assessment center," Penkhues said, adding that candidates usually face three to five interviews.

☆ Hungary picks PwC partner to lead new anti-graft body overseeing EU funds
▼ + stars: | 2022-11-04 | by ( ) www.reuters.com time to read: +2 min

BUDAPEST, Nov 4 (Reuters) - Hungary's State Audit Office has picked PricewaterhouseCoopers forensic partner Ferenc Biro to lead a new anti-graft body to be launched by mid-November as part of efforts to regain access to European Union funds locked up over corruption risks. Nationalist Prime Minister Viktor Orban's government has been locked in battles with Brussels over corruption, migration, LGBTQ rights and democratic standards. The body, to be launched by Nov. 19, will be tasked with reinforcing the prevention, detection and correction of fraud, conflicts of interest and corruption. It will have extensive powers such as instructing contracting authorities to suspend a procurement procedure and requesting probes. ($1 = 1.0229 euros)Reporting by Gergely Szakacs Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

☆ Inside TikTok's push to win over the global sports community, from setting up concerts for the NHL to sponsoring a women's rugby championship
▼ + stars: | 2022-11-01 | by ( Colin Salao | Dan Whateley | ) www.businessinsider.com time to read: +10 min

The company has leaned in, setting up sponsorship deals with teams and leagues. Tune into a professional rugby match in one of Europe's Six Nations leagues and it's impossible to miss TikTok's branding plastered all over the field. Twelve of the top 25 fastest growing brands on TikTok between March 2021 and March 2022 were sports teams or leagues. The company has even tested streaming live games that are shot vertically to match TikTok's video format. Enya Breen of Ireland kicks a late try conversion during a TikTok Women's Six Nations match on April 30, 2022.

A view of the entrance to the National Bank of Hungary building in Budapest,Hungary February 9, 2016. Central European policymakers are seeking to end a cycle of interest rate hikes running since last year even as inflationary pressures remain and the world's major central banks keep pursuing higher rates. "It is likely the end of the rate hike cycle," Peter Virovacz, an analyst at ING in Budapest said. "The question is whether this is a halt – or a just a pause in rate hikes, leaving the door open to potential further tightening." Economists polled by Reuters last week forecast the base rate rising to 14% by the end of this year.

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