Business
Business
Elon Musk Loses His Spot as World’s Richest Person
Forbes' billionaire list shows Elon Musk is no longer the world's richest person, having been overtaken by Bernard Arnault, head of Louis Vuitton Moet Hennessy (LVMH).
With a net worth of 208.8 billion dollars, Bernard Arnault now tops Forbes' Real-Time...
Business
Elon Musk’s AI Start-Up Seeks to Raise $6Bn From Investors
Elon Musk's AI company, xAI, is discussing plans to secure funding of up to six billion dollars. The Tesla and X leader is reaching out to investors worldwide, including those in Hong Kong, as he aims to compete with...
Business
Libra’s GSI to Build Massive Solar Power Facility in Canada
Greenwood Sustainable Infrastructure LLC (GSI), one of the renewable energy subsidiaries of Libra Group, announced the construction of a 100-megawatt (MWac) utility-scale solar facility in Saskatchewan, Canada.
The Iyuhána Solar (Iyuhána), a GSI-led partnership with Saturn Power Inc. and Ocean...
Business
Elon Musk Seeks Additional Voting Power to Control More of Tesla
On Monday, Elon Musk, the CEO of Tesla and SpaceX, as well as the owner of the social network X (formerly Twitter), expressed his desire to have control of over 25 percent of the voting power in his electric vehicle...
Business
Apple Overtakes Samsung as World’s Biggest Smartphone Brand
Apple overtook Samsung as the world’s biggest smartphone brand in 2023, according to the latest numbers from market research firm IDC.
Samsung's reign at the top for more than a decade came to an end as the iPhone mnufacturer shipped...
Business
World’s Five Richest Men Doubled Their Wealth Since 2020
The world's five richest men have more than doubled their wealth since 2020, a report published over the weekend says.
These billionaires’ net worth has skyrocketed 114 percent to a total of $869 billion after taking inflation into account, according...
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
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
Greece’s first Cryptocurrency Creator Attempts Suicide
Vangelis Tsapas, the creator of the first Greek cryptocurrency, is currently hospitalized at Evangelismos Hospital after attempting suicide. The Greek businessman consumed chlorine as well as Aqua Forte, a cleaning solution containing hydrochloric acid.
He was admitted to the on-call...
Business
Pharmaceutical Giant Boehringer Expands Production Site in Greece
Boehringer Ingelheim, a leading research-driven biopharmaceutical company, announced a further expansion and upgrade of its plant in Koropi, Greece on Thursday.
With an investment of 120 million euros, the company will increase the manufacturing capacity of new and existing medications.
The...
Business
Greenland Startup Shipping Glacier Ice to Dubai’s Cocktail Bars
Arctic Ice, a startup from Greenland's capital, Nuuk, is making waves in Dubai by delivering ancient ice to high-end bars. Of course, there is no lack of ice in the city, but it is a truly unique, sought-after product...
Business
Greece Plans Athens International Airport IPO in February
Greece plans an initial public offering (IPO) of Athens International Airport, the country's biggest, on the Athens Stock Exchange in February, Reuters reports, citing two unnamed sources.
Draft legislation tabled in Parliament at the beginning of January paves the way...
Business
Volkswagen to Include ChatGPT in Its Cars
Volkswagen has announced it will install ChatGPT into its vehicles to enable better communication between car and driver.
The German car manufacturer plans to start installing the conversational chatbot into its vehicles in the second quarter of this year, with...
Business
Crystal Pepsi: The Biggest Flop in Soft Drink History
Crystal Pepsi, a carbonated soft drink produced by PepsiCo from 1992 to 1993, is considered as one of the biggest flops in soft drink history.
This unique soft drink was aimed at capitalizing on a growing trend towards novelty clear...
Business
Construction of Hard Rock Casino in Athens Begins
The groundbreaking of Hard Rock's luxury resort and casino in the heart of the Athens Rivera occurred on Friday with a commemorative shovel celebration at the historical Hellinikon Airport.
The ceremony to follow was conducted at the Hellinikon Experience Center...