Greek News
Elon Musk completes Twitter purchase, fires CEO and other top execs
Twitter Inc. is now owned by Elon Musk, with multiple media outlets reporting Thursday night that the long-anticipated sale had officially closed. The Wall Street Journal, Washington...
Germany agrees to controversial sale of Hamburg port terminal
Germany has struck a compromise over a controversial move to allow a Chinese shipping group to buy a stake in a terminal at Hamburg port. The deal...
“Cosmic magnet” recreated in lab as alternative to rare earths
Rare earth elements are a key part of electronic and mechanical devices, but they’re in short supply. Now, scientists have found a way to recreate a promising...
Nike Reigns Over the Sneaker World (infographic)
Contrary to what their name might suggest, basketball, tennis and running shoes are in no way confined to courts and tracks these days. Athletic footwear, less formally...
World’s top chip equipment suppliers halt business with China
Major chip equipment suppliers have suspended sales and services to semiconductor manufacturers in China, as new US export controls disrupt China’s technology industry and global corporate operations....
The Size of Tech Companies’ Workforce (infographic)
According to information obtained by the Washington Post, Elon Musk has presented plans to cut nearly 75 percent of Twitters workforce to investors. The Tesla and Space...
Dozens of LNG-laden ships queue off Europe’s coasts unable to unload
Dozens of ships carrying liquefied natural gas (LNG) circling off the coasts of Spain unable to secure slots to unload have prompted grid operators for the country...
2022’s High Growth Economies (infographic)
India’s GDP grew by 4.1 percent in the first three months of 2022, slightly truncating annual growth in 2021-22 to 8.7 percent due to Omicron restrictions putting...
The World’s Most Innovative Countries (infographic)
The World Intellectual Property Organization (WIPO) has released its 2022 Global Innovation Index. It evaluated innovation levels across 132 economies focusing on a long list of criteria...
PM Mitsotakis at official Hellinikon opening: “The Project will add 70,000 new jobs” (video)
The official opening of Hellinikon, the largest urban regeneration project in Europe, took place in the presence of Prime Minister Kyriakos Mitsotakis, the main shareholder of Lamda...
Reuters: Greek renewables fully cover power demand for first time on record
Power generation from renewables fully covered Greece’s electricity demand over a few hours last week, for the first time in the history of the country’s electricity system,...
1,373km long undersea cable to bring ‘green energy’ from Egypt to Europe’s electricity grid
Greece is in embarking on one of Europe’s most ambitious energy projects by linking up its electricity grid with Egypt’s. An underwater cable will carry 3,000 MW...
Online travel platforms boost total sales for independent hotels (infographic)
As more and more consumers continue to turn to online travel platforms to plan their travels, the services have become crucial for independent hotels. For these smaller...
U.S. National Debt Surpasses $31 Trillion (infographic)
U.S. national debt has surpassed $31 trillion for the first time. Early on October 5, daily reporting from the Department of the Treasury showed a gross federal...
The chips that make Taiwan the center of the world
“Are your customers concerned,” one financial analyst asked Taiwan Semiconductor Manufacturing Company (TSMC) chairman Mark Liu last summer, when China from time to time threatens “a war...
EC backs down – Ursula von der Leyen proposes a temporary cap on natural gas prices
The European Commission is ready to discuss a temporary cap on the price of natural gas used to produce electricity, the President of the European Commission, Ursula...
Eurogroup: Ηorizontal measures for the energy crisis end in 2023 – Support only for the vulnerable
Today, the finance ministers of the Eurozone expressed their opposition to the implementation of horizontal measures at the Eurogroup meeting. “Broad support of aggregate demand through fiscal...
The Global Wealth Pyramid (infographic)
The level of financial inequality around the world is staggering. According to a new Credit Suisse report, 47.8 percent of global household wealth is in the hands...
No deal at the Council of Ministers of Energy – Disagreement on the upper limit on the price of natural gas
Without agreement on the idea of imposing a general price-cap on the price of natural gas, but with initiatives in the near future to bridge the differences,...
Google’s large investment presentation in Greece
A very large investment – with emphasis mainly on Cloud infrastructure – which will have a direct impact on the Greek economy is currently being presented at...