Business
Business
Giannis Antetokounmpo and Calamos Investments Launch Joint Venture
Calamos Investments, the global investment management firm founded by Greek-American John Calamos, partnered with NBA superstar Giannis Antetokounmpo to leverage their successes to try to make a difference and have a positive impact on society.
"Thrilled to announce Calamos Investments...
Business
Facebook-Parent Meta Reveals $40 Billion Stock Buyback
The parent company of Facebook, Meta Platforms, has announced that it has increased its share purchase authorization by $40 billion. According to the company's quarterly earnings statement, its net income has fallen but revenues exceeded forecasts by analysts.
The social...
Business
Bill Gates Questions Elon Musk’s Priorities; Mars Colonization
Billionaire Bill Gates questioned Elon Musk’s priorities saying he would rather pay for vaccines than travel to Mars, which he does not think is a good use of money.
"It's actually quite expensive to go to Mars. You can buy...
Business
Fitch Upgrades Rating of Three Major Greek Banks
Credit ratings agency Fitch raised on Monday the credit rating of three major Greek banks: Eurobank, National Bank of Greece and Alpha Bank. Last Friday, the credit rating of Greece's economy was raised to one notch below investment grade.
The...
Business
First-ever Medicinal Cannabis Production Plant Opens in Greece
Greece's first-ever medicinal cannabis production plant was inaugurated at Examilia, in Corinth, on Thursday.
The investment by Tikun Europe, a subsidiary of Israel-based Tikun Olam, was welcomed by Greek Development & Investments Minister Adonis Georgiadis, who called the inauguration a...
Business
Justin Bieber Sells Rights to Songs for $200m
Justin Bieber has sold his share of the rights to his music to Hipgnosis Songs Capital for a reported $200m.
The firm now owns the pop star's stake in some of the biggest hits of recent years, including Baby and...
Business
Elon Musk Finally Hugs Fan From Cyprus Who Camped Outside Twitter HQ
YouTube star Fidias from Cyprus also known as Fifi Panayiotou has finally met Elon Musk, his favorite hero, after spending months waiting outside Twitter headquarters.
Fidias, on a mission to embrace the billionaire, had camped outside Twitter headquarters for months,...
Business
China Taps Into Bolivia’s Huge Reserves of Lithium
Last week, Bolivia picked a consortium that includes China's battery giant CATL to develop its largely untapped lithium reserves.
A report by Reuters said the deal would see the consortium partner direct lithium extraction from Bolivia's Uyuni and Oruro salt...
Business
U.S. Media Giants Announce Staff Layoffs Amid Grim Economic Climate
Several large media corporations in the US, including CNN, Vox, BuzzFeed, and The Washington Post, have announced that they will lay off significant numbers of staff.
Journalists across the country could be facing unemployment in what increasingly appears to be...
Business
Google Parent Alphabet to Lay Off 12,000 Workers
Alphabet, the parent company of Google, will axe twelve thousand jobs in the latest round of mass layoffs affecting the tech industry in recent months. Google is set to lose six percent of its workforce as a result.
The job...
Business
Demand for Escort Services Rockets During WEF Summit at Davos
As politicians, business leaders, big tech CEOs, celebrities, and the leaders of charitable organizations descend on Davos for the World Economic Forum's (WEF) annual meeting, they will be joined by an entirely different group of professionals - escorts.
In the...
Business
Mark Zuckerberg Comments on Elon Musk’s Twitter Strategy
Meta CEO Mark Zuckerberg has commented on Twitter CEO Elon Musk's content moderation strategy for rival social media site, Twitter. He called the approach "very interesting."
The comments were made at the DealBook Summit in November of last year and...
Business
Aristotle Onassis: Greece’s Larger Than Life Tycoon
Aristotle Onassis was one of the most famous Greeks in the entire world in the 20th century, a visionary and one of the richest men
Business
Electric Aircraft to Revolutionize Travel and Protect Ecosystem in Greece
Electric aircraft to be acquired by Aria Hotels, one of the hospitality subsidiaries of the Libra Group, will offer a new traveling experience in Greece.
Starting around 2026 and in partnership with LCI Aviation, a sister company within the Libra...
Business
Elon Musk Breaks World Guinness Record for Biggest Wealth Loss
Elon Musk, the well-known South African billionaire and once richest person on earth, now holds the record for the largest loss of personal fortune in recorded history.
Forbes has calculated that he has suffered a loss of around $182 billion...