Business

In a recent Silicon Valley twist, Sam Altman, the former CEO of OpenAI, is embarking on a new journey with Microsoft. This move comes hot on the heels of Altman's unexpected departure from OpenAI, the brains behind ChatGPT and...

One of Jeff Bezos's former employees at Amazon recently shared the story of her job interview with the company's founder and former CEO. Ann Hiatt, who landed a job interview with the billionaire businessman during the relatively early days...

Sam Altman, the head of artificial intelligence firm OpenAI, has been ousted by the company's board, which said it had lost confidence in his ability to lead the company. The board said Altman had not been "consistently candid with his...

Home prices in Athens are surging making the Greek capital one of Europe’s hottest housing markets, Bloomberg reports. Home prices in the Greek capital climbed 12.2 percent in October, nearly triple the gains in Stockholm and bucking declines in cities...

In November 2022 Elon Musk was struck by a staggering loss of $100 billion due to the plummeting price of Tesla stocks. As a prominent figure in the business world, the substantial financial setback attracted attention and speculation from...

Greece on Wednesday announced fines totaling 1.67 million euros ($1.81 million) on the local branches of two U.S.-based healthcare and consumer products giants for alleged breaches of a profit cap imposed amid Greece's cost-of-living crisis. The Development Ministry said Johnson...

Turkish Airlines, the flag carrier of Turkey, and Airbus and have reached “an agreement in principle for a significant commercial aircraft order,” Airbus confirmed Nov. 13 on the sidelines of the Dubai Airshow. The yet-to-be-firmed-up deal is for up to...

Greece on Monday announced plans to sell a 20 percent stake in the National Bank of Greece (NBG) after concluding the sale of a 9 percent stake in Alpha Bank to UniCredit. The shares in NBG, Greece's second-largest bank by...

Greece, which has long been the leading owner/operator of cargo shipping, and now joined by China, it has come to dominate cargo capacity, according to a new analysis from industry trade group BIMCO. BIMCO, one of the largest international shipping...

World wine production is expected to fall to its lowest level in 60 years in 2023 and in Greece a significant decrease of 45 percent compared to 2022, the International Organization of Vine and Wine (OIV) has said. This is...

The Elefsina shipyard in Greece has entered into a financial agreement for a $125 million loan with the US International Development Finance Corporation (DFC) to upgrade and modernize its aged facilities. The shipyard, just outside Athens, is attempting to be...

WeWork has filed for bankruptcy in the US after the company struggled for years with a massive debt pile and hefty losses. The firm reported liabilities of $10bn to $50bn (£40.5bn), according to a bankruptcy filing in the New Jersey...

Elon Musk has unveiled Grok, an artificial intelligence chatbot with a “rebellious streak” inspired by The Hitchhiker’s Guide to the Galaxy. The Tesla CEO, who has warned that AI was “one of the biggest threats to humanity”, said the competitor...

The Public Power Corporation (PPC) in Greece announced on Friday an agreement with UK retailer Currys for the acquisition of Kotsovolos, one of the biggest electronics retail companies in the country. The transaction at 175 million pounds ($214 million) means...

Athens, the capital of Greece, ranks as one of the top destinations globally for remote workers, a new study has revealed. This study was conducted by WorkMotion, a prominent global human resources platform. Among eighty-five cities worldwide, the Greek capital...