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Jim Raptis: The Greek Who Changed the Face of Australia’s Gold Coast

Jim Raptis, born in Evia, Greece, changed the face of the most cosmopolitan region of Australia -- the Gold Coast.

32nd Annual Greek Economic Summit Kicks Off on Monday

The American-Hellenic Chamber of Commerce is kicking off its 32nd annual Greek Economic Summit on Monday. The summit will take place from December 6-8 in Athens, Greece. This year's events will be a synthesis of in-person and virtual participation...

Elon Musk Sells Off $1 Billion More Tesla Shares

Tesla CEO Elon Musk has sold another $1 billion in TSLA shares this week. Musk parted with 934,091 shares of his electric vehicle company on Friday. Musk has been selling off massive amounts of his stake in Tesla since November...

Amazon Announces New High Tech Investment in Greece

Amazon Web Services announced on Thursday that it will be creating 30 new AWS Local Zones across the world-- including in Greece. AWS Local Zones are a form of AWS infrastructure deployment that provides computation, storage, and other cloud services...

Elon Musk Warns SpaceX Employees of Bankruptcy in Frantic Email

SpaceX CEO Elon Musk sent his employees an alarming email over the Thanksgiving weekend. The message warned them that the company's very existence was threatened by a mounting crisis with its Raptor engine production. SpaceX urgently needs to increase production...

‘Omicron’ Crypto Price Rises 900% After Variant Emerges

Omicron token surged in price by over 900% on Monday after a new coronavirus variant of the same name has been discovered. The DeFi cryptocurrency, which was launched weeks before the new variant first emerged, went from $70 to...

Stocks Sink After Discovery of New COVID Variant “Omicron”

The discovery of the new Omicron variant of Covid-19 sent financial markets into a spiral on Friday, causing the Dow Jones Industrial Average to lose over 1,000 points. Investors panicked following the variants detection in Botswana and South Africa, fearing...

The Rise and Fall of Hellenic Coin, Greece’s First Cryptocurrency

Hellenic Coin (HNC), Greece's first cryptocurrency, collapsed earlier in November after the CEO went off the radar for about two weeks, alarming investors about the future of the crypto. The price of Hellenic Coin plunged as Vangelis Tsapas became unavailable...

Patch of Virtual “Land” Has Been Sold for $2.4 Million in Cryptocurrency

A plot of virtual land in Decentraland has been bought for $2.4 million dollars worth of cryptocurrency on Monday. Decentraland is an online metaverse landscape whose space and items are backed by the Ethereum blockchain. Users participate in this world...

The Turkish Businessman Who Made Americans Fall in Love with Greek Yogurt

The CEO of Greek yogurt company Chobani, Hamdi Ulukaya has popularized Greek yogurt for the next generation of consumers. Now his company has officially filed an initial public offering to be listed on the Nasdaq exchange, making the request...

Elon Musk Threatens JP Morgan Chase with Bad Yelp Review

Elon Musk, the CEO of electric vehicle and clean energy company Tesla, threatened JP Morgan Chase with a "one star review on Yelp" on Monday after the biggest bank in the US sued Musk for $162 million. The lawsuit was...

Piraeus Bank Presents Healthy Outlook as it Cuts Exposure to Bad Loans

Piraeus Bank, one of Greece's four biggest lenders, reported a significant drop in its exposure of bad loans on Friday. “Our NPE (non-performing exposures) reduction plan is well on track with more than 90% of actions already executed. NPE reduction...

British Couple Lands on Greece’s Zakynthos Instead of Spain

The European low-budget airline Ryanair sent a British couple to the Greek island of Zakynthos rather than their intended destination of Spain -- and they are refusing to apologize for the blunder. Although most people would love a surprise getaway...

US Government Pays $5.29 Billion to Pfizer for Anti-Covid Pills

The pharmaceuticals giant Pfizer has signed a $5.3 billion deal with the United States government to supply its anti-Covid Paxlovid pills to the American people, according to a statement released by the company on Thursday. This is enough to supply...

3D-Printed Meat Substitutes Make a Splash in Europe

Already massive food industry is expected to get even larger. The data firm Allied Market Research says that the meat substitute market is expected to reach $8.1 billion by 2026. Whether for health reasons or religious motivations, consumers have been...