Business

Greek bonds are already trading as though Greece has regained investment grade, bank analysts told Reuters on Friday. The news agency reports that investors consider Greece's return to investment-grade credit ratings "a done deal". "Investors are hopeful that the New Democracy...

Bernard Arnault, the world’s richest person, had $11.2 billion wiped from his fortune in one day over concerns that a softening US economy will dampen demand for luxury goods. The founder of LVMH — whose offerings include Louis Vuitton handbags,...

Amazon has introduced an addition to its palm recognition technology, enabling users to confirm their legal drinking age without the need for a physical identification card when buying alcoholic beverages. In a recent announcement, the prominent e-commerce company revealed an...

Many American consumers have launched a boycott campaign against Bud Light one of the biggest-selling beers in the USA. ABC reports that critics of Bud Light burned empty beer boxes and fired bullets at cans as part of an anti-trans...

The EU slapped Meta with a record $1.3 billion privacy fine Monday and ordered it to stop transferring user data across the Atlantic by October. The penalty fine of 1.2 billion euros from Ireland’s Data Protection Commission is the biggest...

Greek stocks and government bonds rallied on Monday after the conservative government of PM Kyriakos Mitsotakis secured a stunning victory in the elections. The Athens Stock Exchange General Index rose as much as 7.3% in trading on Monday, extending its...

On Friday, Goldman Sachs said that Greece is "on the cusp" of regaining an investment-grade rating more than 12 years after Greece's credit rating was impacted by the financial crisis. According to Goldman Sachs, the second-largest investment bank in the...

Meta Platforms Inc., the tech giant formerly known as Facebook, has announced its venture into a new social networking terrain. Named Barcelona, (initially named Project 92) this text-based app is set to be a strong contender against Twitter, as...

On Wednesday, Uber announced the launch of a private chartered boat service on the Greek island of Mykonos. The service is scheduled to launch this summer and will give locals and tourists another transportation option on the water. Uber Boat...

In a world that's been significantly reshaped by the COVID-19 pandemic, the topic of remote work has become a heated debate. While many companies have transitioned to a remote work model, Elon Musk, CEO of Tesla and SpaceX, has chosen...

The New York Stock Exchange (NYSE), the largest such stock exchange in the world, has quite humble origins. According to legend, it was founded on May 17, 1792 under a buttonwood tree outside of 68 Wall Street when 24 stockbrokers...

Elon Musk said on Tuesday he is “the reason that Open AI exists,” citing his past investment in the entity with his contribution of around $50 million. “I came up with the name,” Musk told CNBC. He also said he...

Turkey's lira and stocks fell on Monday as the presidential election appeared headed for a runoff with incumbent president Tayyip Erdogan in the lead. The lira fell near a two-month low, and the cost of insuring exposure to the country's...

Billionaire George Soros cashed out on Elon Musk's Tesla's impressive stock-market rebound this year by selling his entire stake in the first quarter. According to regulatory filings, Soros Fund Management, the financier's hedge fund, liquidated all Tesla shares acquired since...

On Friday, Elon Musk announced that he had hired a new CEO for Twitter, naming Linda Yaccarino. The new Twitter CEO was formerly the head of advertising at NBCUniversal. The new CEO is expected to take the helm at Twitter...