Companies owned by Greek shipping magnates ordered nearly $200 billion worth of new ships. Credit: Jon Olav Eikenes, Creative CommonsAttribution 2.0Greek tycoons made a fortune of transporting Russian oil since the Ukraine invasion says a Forbes magazine report.In an extensive article by Giacomo Tog
During his yearly shareholder meeting, Warren Buffett compared AI to nuclear weapons. Credit: Fortune Live Media / Flickr / CC BY-NC-ND 2.0Renowned investor Warren Buffett recently expressed concern about AI during his yearly shareholder meeting in Omaha, Nebraska. Buffett, who is 93 years old and s
Bank of Greece, Athens. Credit: Greek ReporterAccording to statistics compiled by the OECD, direct foreign investment (FDI) in Greece increased by 62 percent in the last three years.From an average of $4.15 billion in the three-year period 2017 to 2019, it reached $6.7 billion in the three years 202
John Calamos offers investors five important lessons. Credit: Calamos InvestmentsCommentary by John P. Calamos, Sr., Chairman and Global Chief Investment Officer of Calamos Investments, the firm he founded in 1977.For more than 50 years, John P. Calamos, Sr. has been helping investors achieve their
The price of natural diamonds has plummeted due to decreased demand and growth of lab-grown diamonds. Credit: Kim Alaniz. CC BY 2.0/flickrThe price of natural diamonds has fallen by 26 percent in the past couple of years with decreasing US and Chinese demand for diamond jewelry being one culprit. An
Tesla lays off ‘more than 10%’ of its worldwide workforce. Credit: bfishadow / Flickr / CC BY 2.0Tesla informed its employees that it is cutting over 10 percent of its worldwide staff, according to a memo obtained by Reuters on Monday. This decision comes as Tesla faces challenges such as declining
Greek Olive Oil Companies at Food Expo. Credit: Greek Liquid GoldAt the 2024 Food Expo in Athens, hundreds of Greek olive oil company representatives joined other food and drink professionals to exhibit products and connect with buyers.They also talked with Greek Liquid Gold about the Expo’s usefuln
At least 10 Greek companies are under investigation over EU Recovery Fund fraud. Credit: Jebulon, CC1/Wikimedia CommonsGreek and EU authorities are investigating allegations of fraud linked to the way €2.5 billion in EU funds has been awarded to just 10 companies in Greece, Politico revealed earlier
Athens and other Greek cities are becoming hubs of technology. Credit: Public Domain / Wikimedia CommonsTechnology 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.Inv
There are 2,781 billionaires in the world, 141 more than last year. Credit: Pretre, CC BY-NC-ND 2.0.There are 10 Greeks named in the Forbes’ World Billionaires list for 2024, a year that has seen more billionaires than ever the magazine says.According to Forbes, there are 2,781 billionaires in the