BYD Scrutiny: Hungary has launched an investigation into BYD’s major investment after former foreign minister Péter Szijjártó took a top role at the Chinese EV maker, with lawmakers focusing on possible conflicts of interest around subsidies, tax breaks, permits and environmental exemptions. Banking Deal: OTP Bank is set to acquire Luminor, extending its push into the Baltic region and aiming to deepen its euro-area footprint. Political & Tax Enforcement: Hungarian prosecutors raided servers tied to Viktor Orbán’s Fidesz in a probe into alleged misuse of National Cultural Fund grants, with charges involving about HUF 17 billion. Retail Finance: Alza.hu in Hungary is rolling out Klarna’s “buy now, pay later” options, including interest-free instalments. Consumer & Industry Restructuring: Nestlé plans to close its Diósgyőr confectionery factory by year-end due to weaker seasonal chocolate demand, with production shifting to a UK co-manufacturer. Real Estate: Property transactions in Hungary remain subdued, but sales above HUF 100 million are holding up better than the overall market. Energy/Infrastructure: Budapest’s new-generation MOL Bubi bike-sharing system is nearing launch after a large test phase, with a short app suspension during final payment integration. Climate Impact on Tourism: Low Danube and Rhine levels are forcing river cruise operators to adjust itineraries and prepare for hotter summers. Sports Business: FIDE-backed Total Chess World Championship Tour is set to launch with a pilot event in Budapest in November featuring Magnus Carlsen.