business
Economy
Bitcoin Price Hits $50,000 at Two-Year High
Early on Monday, February 12, Bitcoin reached its highest price since December 2021, surpassing $50,000 for the first time in over two years. This caused a surge in the value of other cryptocurrencies and related stocks. Coinbase's stock, as...
Business
Real Estate Economy in Greece Grows in Multiple Sectors
The recently released Cushman Wakefield Proprius Marketplace Real Estate report demonstrated a significant growth in the Real Estate economy of Greece. The economy grew in all three different sectors, namely industrial, retail, and office.
The Growth of the Economy of...
Business
Ivan Savvidis Buys the Port of Volos in Greece
Greek-Russian businessman Ivan Savvidis is set to buy Volos Port Authority through his Thessaloniki Port Authority company. His company has been chosen as the favored investor for 67 percent of the Volos Port Authority shares.
How will Ivan Savvidis purchase...
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...