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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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...