Business
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...
Business
Greek Risk Management Company Awarded by the European Defense Agency
A Greek company was recently awarded a pan-European distinction by the European Defense Agency (EDA) for its innovative work on artificial intelligence (AI) and risk management.
Cyber Noesis based in Athens won the "Defence Innovation Prize 2023" competition, in the...
Business
George Logothetis Visits DR and Colombia to Expand Libra’s Impact on Latin America
A delegation of the Libra Group led by Executive Chairman George Logothetis visited Colombia and the Dominican Republic (DR) recently to discuss the Group's investments and philanthropy in the region.
Logothetis, a proud Greek American entrepreneur and philanthropist who is...
Business
The Turkish Businessman Who Made Americans Fall in Love With Greek Yogurt
The CEO of Greek yogurt company Chobani, Hamdi Ulukaya, has popularized Greek yogurt for the next generation of consumers.
Chobani has transformed one of Greece's signature dishes into a staple of the American diet, establishing a hip, health-conscious image for...
Business
Elon Musk’s Tesla Recalls Two Million Cars in US Over Autopilot Defect
Elon Musk's Tesla is recalling more than two million cars after the US regulator found its driver assistance system, Autopilot, was partly defective.
It follows a two-year investigation into crashes that occurred when the tech was in use. The recall...
Business
Elon Musk’s Starlink Denied $900M Subsidy; His Mother Blasts Biden
Elon Musk’s Starlink satellite internet service was rejected again for a nearly $866 million rural broadband subsidy, causing an outburst by his mother Maye against President Biden.
The Federal Communications Commission said it “failed to demonstrate that it could deliver...
Business
Greece Honored at the New York Stock Exchange
Greece was honored on the Greek American Issuer Day at the New York Stock Exchange which took place on Tuesday within the context of the 25th Annual Capital Link Invest in Greece Forum.
This special ceremony has been taking place...
Business
Billions Worth of Gold May Be Hidden in an Abandoned California Mine
A gold mine in Nevada County, California which ceased operations in 1956 may reopen after experts suggest that it may still contain one of the world’s highest-grade gold reserves.
The San Francisco Chronicle reports that the future of the 160-year-old...
Business
The Technology Giants That Invest in Greece
Technology giants, such as Amazon, Google, Digital Realty, and Microsoft have strengthened their presence in Greece in 2023 by investing in data centers, making the country a hub of innovation.
Investments in Greece are driven by the strategic geographical position...