business
Business
China’s Evergrande Files for US Bankruptcy
Evergrande, China's real estate construction giant, has filed for US protection from bankruptcy after thirty years of uninterrupted growth.
Just last Thursday, Evergrande filed for US bankruptcy under Chapter 15, which allows foreign companies to temporarily be protected from creditors...
Business
Elon Musk Announces Twitter Memorabilia Auction
Multi-billionaire Elon Musk has been reinventing the Twitter brand and putting building signs and other Twitter paraphernalia up for auction.
Bidding for the newly announced auction starts on September 12th, and the auction closes two days later. After placing a...
Business
Man Breaks Record After 84 Years at Same Company
A 100-year-old Brazilian man named Walter Orthmann has broken the Guinness World Record after working for eighty-four years at the same textile company as verified this year in a press release.
Orthmann was born in Brusque, a small town in...
Technology
Elon Musk Cancels $44 Billion Twitter Deal
Tesla CEO Elon Musk announced on Friday that he would terminate the $44 billion deal to purchase Twitter that he made just three months ago.
Musk, who is the world's richest person, cited a longstanding disagreement he has had with...
Business
Tesla CEO Elon Musk Tells Workers to Come Back to Office
Elon Musk, the head of electric car company Tesla, informed his workers that they should all return to the office and end remote work, according to a leaked memo.
All those who did not want to return to the office...
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
Calamos Investments Named “Best Overall Fund Group” of 2022
Calamos Investments was named Best Overall Fund Group at the Refinitiv Lipper Fund Awards on Thursday.
The Leading global asset manager was named Best Overall Small Fund Family Over Three Years at the 2022 Refinitiv Lipper Fund Awards, which provides...
Business
Facebook in Trouble: Declining Users and $230 Billion Stock Crash
Facebook's parent company Meta's market value crashed on Thursday, falling over 25%.
This was the company's worst trading session in history and a dramatic sign of a sea change across social media that has seen a massive amount of Facebook...
Business
US Markets Stabilize After Weekend Crash
The United States' financial markets stabilized on Monday after suffering their worst crash since 2020 last week.
The markets pulled themselves back up amidst global turmoil surrounding the potential invasion of Ukraine and the introduction of a stricter Federal Reserve...
Australia
Six Greek-Australians Among Country’s Top Young Entrepreneurs for 2021
A total of Six Greek-Australians ranked among Business News Australia's Top 100 Young Entrepreneurs list for the year of 2021.
Although 2021 proved another difficult year for businesses across the world after dealing with lockdowns, restrictions, and variants, many young entrepreneurs...