Business
Business
The Underwater Wines of Santorini
Giannis Paraskevopoulos, of Gaia Winery on the Greek island of Santorini, makes underwater wines which undergo a process of underwater aging.
Business
Crypto “Based on Nothing” Says ECB’s Lagarde in Warning to Investors
European Central Bank President Christine Lagarde said crypto-currencies are “based on nothing” and should be regulated to steer people away from speculating on them with their life savings.
In an interview on a Dutch television show, College Tour, she stated...
Business
Greek 17-Year-Old Makes Thousands Selling Sneakers From His Bedroom
One of Greece's best known sneaker resellers is 17-year-old Giannis Louloudis who sells shoes out of his childhood bedroom on Rhodes.
Business
The NYSE Was Founded Under a Tree on May 17, 1792
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...
Business
ECOS Honored for Green Strategy at Corporate Growth Awards
ECOS, the maker of safer, plant-powered laundry detergents and household cleaners, recently received the Green Sustainability Award at the Association of Corporate Growth Awards.
The Award was given for the company's commitment to stewarding long-term consumer and employee value by...
Business
Bitcoin and Ethereum Fall After TerraUSD Price Crash
Cryptocurrencies took a hammering on Thursday following the crash of Luna, the sister cryptocurrency of stablecoin TerraUSD, whose value tumbled dramatically on Wednesday.
The cryptocurrency Terra (Luna) has collapsed, losing more than 99 percent of its value. The coin’s value...
Business
Piraeus Bank Among Europe’s Climate Leaders for 2022
Piraeus Bank is among the top 400 Climate Leader companies in Europe for the second consecutive year, according to the Financial Times.
Piraeus Bank is the only Greek company included in the Financial Times list of "Europe's Climate Leaders" in...
Business
Asteroid Psyche Has Enough Gold to Make Us All Billionaires
NASA is on a mission to explore a Greek-named asteroid called 16 Psyche that boasts enough gold to make every person on Earth a billionaire.
Australia
Greek-Australian Nick Andrianakos Strikes Mega Deal in Adelaide
Greek-Australian Nick Andrianakos has, for the first time, invested in a major shopping center, acquiring half stake worth over 135 million Australian dollars ($95.5 million) in Adelaide’s Colonnades Shopping Centre.
The deal comes almost half a century after the Greek...
Australia
John Lazarou, The Greek-Australian “King of Coffee”
John Lazarou, the son of Greek immigrants, worked long and hard to realize his dream in Australia. His efforts and persistence paid off handsomely, and he has even been dubbed the "King of Coffee in Australia" as director of...
Business
Elon Musk’s Free Speech Utopia
By Eric Heinze
Elon Musk is the planet’s number one billionaire. If anyone can turn cyberspace into heaven—or hell—of free speech “absolutism” via a US$44 billion (£35 billion) Twitter takeover, then surely he’s the man. Right?
When free-market elephants like Musk...
Business
Elon Musk Buys Twitter for $44 Billion Promising to “Unlock its Potential”
Elon Musk and Twitter's board agreed late on Monday to a $44 billion offer from the CEO of Tesla to take over the company privately.
The world's richest person, who made the bid less than two weeks ago, said Twitter...
Business
Algorithms Tell World What We’re Thinking, Discern our Moods
A machine called the Hedonometer is now discerning how happy we are from the words we use online, via algorithms that target our moods.
Business
Netflix Subscribers Fall for First Time in a Decade
Streaming giant Netflix lost subscribers in the first three months of this year after years of explosive growth, sending the company's shares plummeting.
Netflix announced it lost 200,000 subscribers in the first quarter. The drop represents a huge miss for...
Business
The Bitcoin Experiment that Made MIT Students Rich
In 2014, MIT students Jeremy Rubin and Dan Elitzer conducted an experiment where they gave any interested MIT student $100 worth of Bitcoin worth roughly $300 a coin at the time. The $100 worth of bitcoin those lucky students...