Business

Elon Musk took over the number one spot on the list of the world's wealthiest people from Jeff Bezos on Monday. Musk is the third person in history to have amassed a $200 billion fortune, Forbes reported. This climb is...

Elon Musk, who has an outsize influence on public opinion, whether it be on alternative energy or Bitcoin, had some striking things to say recently, stating that nuclear energy should provide part of the world's energy needs in the...

GEK Terna, the Greek company which has won the contract bid for the creation of the new casino at the former Hellinikon airport, is reportedly in talks with US company Hard Rock to create a consortium responsible for the...

China’s central bank declared all transactions involving Bitcoin and other virtual currencies illegal on Friday, stepping up a campaign to block use of unofficial digital money. Chinese banks were banned from handling cryptocurrencies in 2013, but the government issued...

Greece's Public Power Corporation (PPC) is expected to complete a share capital increase plan worth around 750 million euros by early November, following a decision reached by its board on Thursday. The process is set to bring the state’s share...

The social media platform Twitter announced on Thursday that it will begin allowing its users to send and receive Bitcoin payments. The introduction comes as part of the company's wider effort to monetize its site. The popular platform will also...

Greece's Prime Minister Kyriakos Mitsotakis said on Thursday in New York that the growth of the Greek economy may exceed an impressive 5.9 percent for the entire year. In an interview for Bloomberg television, Mitsotakis hit an optimistic note on...

Pinduoduo founder Colin Huang has suffered $27 billion in losses -- the biggest decrease in wealth in the world this year. Huang founded Pinduoduo, also known as PDD, a Chinese technology platform centered on agriculture. PDD was the largest platform...

It took Efood delivery less than three years to become one of the most successful Internet startups in Greece -- but less than one day to turn into the ultimate disaster story. When a text message to 115 of their...

The credit agency Moody's upgraded on Monday the long-term deposit ratings of the four biggest Greek banks, and said that the outlook for all of them is positive. The upgrade, "driven by their improving asset quality and solvency and good...

An American think-tank called the Gravel Institute recently released a new video explaining why it believes Bitcoin is a scam akin to a Ponzi scheme. Writer and economist Doug Henwood spoke in the video explaining why he believed Bitcoin resembled...

Efood, Greece's largest food delivery service, sent out a text message to 115 of their employees urging them to become freelancers, possibly accepting no benefits and less stable employment, or lose their jobs. For ten years, Efood has been the...

AMC, currently the largest movie theater chain in the world, will begin accepting Bitcoin and other forms of cryptocurrency as payment for movie screenings and concessions. The company's CEO, Adam Aron, announced the groundbreaking news on Wednesday by tweeting “Cryptocurrency enthusiasts:...

Greece has made its way up four positions in the Global Economic Freedom Index since 2019, but this movement establishes the country in just the 78th place out of 165, according to the Fraser Institute's Economic Freedom of the...

Elon Musk caused a 1000% surge in the price of the Shiba Floki cryptocurrency after tweeting an image of a Shiba Inu dog, captioning it "Floki has arrived." The image is actually of Musk's newest addition to his family, a...