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Greek Company in Talks With US' Hard Rock for …

The company took its case to the Council of State, the country’s highest court, and lost. The ensuing pandemic and its economic cost to companies around the world led to Mohegan’s withdrawal from the Hellinikon casino consortium last March. The company has never clearly stated the reasons for withdrawing its participation.

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Vaccines May be Less Effective Against Omicron, Pharma

Pfizer: We don’t know yet, but the vaccines may protect less. Pfizer CEO Albert Bourla said Monday he expects the company’s Covid-19 treatment pill to be effective against the Omicron variant of the virus that causes Covid-19. “The good news when it comes to our treatment, it was designed with that in mind, it was designed with the fact

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Greece Sells 49% of Public Power Corporation HEDNO to

Greece Sells 49% of Public Power Corporation HEDNO to Australian Company. Hellenic Electricity Distribution Network Operator (HEDNO) has sold 49 percent of its stake to Australia’s Macquarie Infrastructure and Real Assets Group (MIRA), the highest bidder. Spear WTE Investments Sarl, member of MIRO is the highest bidder in a tender to buy 49

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Merck Finds Covid Pill is Less Effective Than Previously

The company also signed a $5.3 billion deal with the United States government to supply its anti-Covid Paxlovid pills to the American people, according to a statement released by the pharmaceuticals giant. This is enough to supply a total of 10 million courses of its antiviral drug.

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Trump Launches New Media Company and “TRUTH …

Donald Trump has announced the launch of a new media company and social media app. Credit: Gage Skidmore/CC BY-SA 2.0. Former US President Donald Trump announced on Wednesday he’s launching a new media company with its own social media platform, after he was banned from Twitter and suspended from Facebook after a group of his supporters stormed the US …

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Jeff Bezos Invests in Anti-Aging Start-up

Though Alto Labs is a company with the long-term goal of being profitable, many would consider preventing death as a philanthropic effort. This is actually not Bezos’s first investment into anti-aging technology. Bezos invested in another company

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New Vaccine "Novavax" Proves 90% Effective in Clinical …

Volunteer receiving the Novavax inoculation as part of its trials recently. Credit: Twitter/Novavax. A new coronavirus vaccine called Novavax, from a company by the same name, has proven to be 90% effective in trials, according to its maker.. The new vaccine candidate appears on the horizon just as inoculations have slowed in the United States, where more than 44% of citizens are …

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Archaeologists Using New Techniques to Get North …

Archaeologists Using New Techniques to Get North American History Right. American Indigenous and Christopher Columbus, The Discoverer of America. Public Domain. The American Indigenous History and their colonization by Europeans represents one of the most significant global events related to archeology, culture and human history.

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Facebook Set to Announce New Name Today

Facebook CEO Mark Zuckerberg is expected to announce a new name for the company on Thursday. Credit: Anthony Quintano, CC BY 2.0. Facebook CEO Mark Zuckerberg is expected to unveil the company’s new name as well as its restructuring at Facebook’s yearly Connect Conference, which will be held on Thursday.. Many believe that the restructuring plan for Facebook, as well as its …

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Bourla Says Pfizer's Anti-Covid Pill "Will Save Millions

Pfizer’s brand-new anti-Covid pill called “Paxlovid” reduces hospitalization and death risk by 89%, the company states as it readies to place the results of its studies before the FDA by the end of November. Taking the pills developed by Pfizer over the course of just five days can almost

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Four Greek Companies on World's Best Multinational

The market research company “Great Place to Work” announced the top 25 multinational companies, through the annual international list- World’s Best Multinational Workplaces 2013. These companies have the best working environment, and among them, four Greek companies that are distinguished on the list. Microsoft, Diageo Hellas, MARS Hellas and Novartis Hellas, are awarded for …

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Greek Software Giant Intrasoft Sold to Denmark's Netcompany

Credit: Intrasoft International. The leading Greek software company Intrasoft International has reached agreement on Friday with the Danish firm Netcompany to sell its entire outstanding share capital in a €235 million ($271 million) deal. Intrasoft International, established in 1996, was a subsidiary of Intracom Holdings, one of the largest

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Top 10 Greek Shipowners

According to data from the biggest global ship-broker company Clarkson’s, the top Greek ship-owners who stand out in the international shipping industry are: John Angelicoussis ’ companies include Anangel, Maran Tankers and Maran Gas, and comprise 114 vessels with 20,581,974 dwt and 12,088,789 gt. Angelicoussis ranks first among Greek

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Biden Announces January 2022 Deadline for Corporate

Credit: White House. Joe Biden announced on Thursday that his new vaccine mandate for companies with over 100 workers will be place starting on January 4, 2022. The mandate, which Biden first announced in September, will affect over 100 million workers in the United States. The mandate has two separate sections that affect certain workers

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The Turkish Businessman Who Made Americans Fall in Love

The company has worked to include underrepresented people amongst its workforce, with roughly 30% of its employees being immigrants and refugees. Chobani also works with translators and other accommodations to help people integrate into the company. “Ask for permission,” Ulukaya said in a 2019 TedTalk.

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The 40 Most Powerful Greek Shipowners

The 40 greatest Greek shipowners control 65% of the Greek fleet based on dwt, according to British shipping services Clarkson’s. The fleet controlled by the Greek shipowners weighs about 230.5 million dwt; Deadweight tonnage counts how much mass a ship is carrying or can safely carry and does not include the weight of the ship. According to Naftemporiki newspaper that …

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Greek and Israeli Firms Announce New Cannabis Venture in

The Greek cannabis cultivation company Hellenic Dynamics has partnered with Israeli company Kanabo Research Limited, it was announced on May 24, in a venture meant to provide CBD products to the world. The two companies will cooperate to provide consumers with more options for CBD and THC infused products. Kanabo is a research and development

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Elon Musk Set to Become the World's First Trillionaire

Jonas has confidence in SpaceX precisely because he sees the company as holding a multitude of companies inside one, containing space exploration, infrastructure, and Earth observation in one, as well as its Starlink satellite communications, which Jonas sees as the biggest player towards his $200 billion valuation of the company.

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Greece Sends Folli Follie Scandal Masterminds to Trial

The company was established in 1982 in Greece by Koutsolioutsos. The first shop was in the commercial district of Athens. Folli Follie started out by manufacturing jewelry and in 1994 it launched its line of watches. In 1995 the first overseas store opened, in Japan. It was ranked amongst the top 10 brands in luxury goods in Japan with 80

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A Greek to Save the World: Who is Pfizer CEO Albert Bourla

By late July of 2020, the company was among top developers of a potential vaccine, in partnership with the German firm BioNTech. In November, the Pfizer vaccine was proven to be 90 percent effective against the coronavirus. “Akis” has never forgotten his home–Greece

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"Chaos" the First Greek 3,000 Horsepower "Ultra Car" Launched

Chaos which delivers up to 3,065 horsepower accelerates from 0-100 km/h in 1.55 seconds and from 100-200 km/h in another 1.7 seconds. It has a top speed of 500 km/h (310 miles/h).This makes it even faster than the Bugatti Chiron Super Sport 300+ …

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Elon Musk Throws Gigantic Party for New Tesla Factory in

The company sold 367,500 in all of 2019. Despite the wider trend of declining sales brought on by the global chip shortage, Tesla managed to deliver more vehicles once again despite the fact that major automakers saw huge drops this past quarter.

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New Alexander the Great Series to Be Filmed in Greece

The parent company of Starlings TV, Starlings entertainment, which is a media group launched almost three years ago by Mediabiz and DMH Holdings, co-financed the recent Elton John biopic “Rocketman.”

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Apple To Begin Scanning iPhones for Child Sexual Abuse Images

Julia Cordua, the CEO of Thorn, stated that the company’s technology takes into account “the need for privacy with digital safety for children.” Apple also shared that its messaging app will soon use on-device machine learning in an effort to identify and blur sexually explicit photos on phones belonging to children.

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US Investigating Tesla's Self Driving Cars After Crash

The company recalled over 10,000 of its vehicles this month due to a glitch in the software that could lead to miscommunications in the FSD Beta mode and potential accidents. The company later announced that 99.8% of the cars have been updated to amend this problem. Tesla CEO Elon Musk sells 4.5 million of his shares in the company

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Greek Immigrant Georgalos Made Life in Argentina Sweeter

The hole which as left in their product line after the company sold Mantecol was filled in 2009, however, with a variant of it called Nucrem. “Nucrem” continues to sweeten Argentinians’ lives Cleopatra Georgalou, the daughter of Michalis Georgalos, says that 70 years after her father started making sweets, the company continues to be

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Microsoft Overtakes Apple as the World's Most Valuable Company

The company was projected to manufacture 90 million new iPhones before the end of 2021, but Bloomberg has reported that the company believes that that number may be lowered by as much as 10 million. Apple is one of the most powerful chip buyers on the planet and dictates the order of the global electronics supply chain.

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Multinational Firms Heavily Invest in Data Centers in Greece

The company is based in Agios Stefanos, Attica, where its 1,000 sq.meter (10,763 square-foot) privately-owned data center is located. To date, the company has invested over €1 million. The Cloudrock investment might look insignificant, compared to those of Microsoft and Digital Realty, but it follows a trend.

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Leaked Facebook Papers Show the Company Did Not Act to

But the documents from Haugen’s leak tell a different story about the company’s efforts to stop the spread of information involved in the attack on the Capitol. Documents show that Facebook scrambled to control the information being spread on its platform long after the bulk of the activity had taken place, effectively trying to stop the rioters when it was already too late.

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Elon Musk Asks Twitter if He Should Sell Tesla Stock

Currently, Musk owns 170.5 million shares in Tesla, Musk’s electric vehicle and clean energy company. As of Friday, his shares were worth a staggering $208.3 billion. If the price of the stock remains stable, a sale of 10% would total about $20.8 billion, which could be taxed at about $4.2 billion. Tesla CEO paid no income taxes in 2018

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Dassault: The Greek Connection of One of Europe's

Dassault Group, which owns the aviation company as well as several others, was founded by Marcel Dassault in 1929. Previously, Marcel had worked in the French Aeronautics Research Laboratory. He helped invent various aviation technology that aided the French resistance in World War I.

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Elon Musk Warns SpaceX Employees of Bankruptcy in Frantic

2 days ago · Musk sold 4.5 million shares of his company, Tesla, worth $5 billion, last week immediately after the majority of Twitter users who participated in his poll voted for him to sell. He has now sold up to 7 million shares. Over 3 million Twitter users participated in the Tesla CEO’s poll. Musk is the largest shareholder in his company.

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First "Ultra Car" Entirely Made in Greece Ready to Launch

The company currently employs 22 staff, nine of whom work tirelessly on Chaos. But Panopoulos’s ambition is to create between two and three hundred job openings when production begins, which will allow him to offer work to other top Greek automotive …

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Who is Kimbal Musk

Kimbal Musk works to bring gardening to schools across the US. The 49-year-old Musk is a chef, restaurateur, and philanthropist. He is the fifth-largest individual stockholder in his older brother’s company but typically works in the food industry. Musk was also named a Global Social Entrepreneur by the World Economic Forum.

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Facebook to Change its Name to Meta

The company also announced a new creation, a “metaverse” called Horizon, today at the same conference. Many around the world see this year’s Connect and the massive brand overhaul that accompanies it as an effort to take attention away from a slew of recent problems, many of them brought to light by a whistleblower.

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Elon Musk Threatens JP Morgan Chase with Bad Yelp Review

The company once had strong bonds with JP Morgan, which helped work on its IPO in 2010 and brokered many important deals in Tesla’s early years. Over the years, however, Tesla has moved on to collaborate with other banks. The electric car …

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As Prices Rise, Russia's Gazprom Cuts Gas Supplies to EU

By Theo Ioannou. October 6, 2021. Russian gas company Gazprom is cutting gas distribution to the EU by 70%, potentially contributing to the steep rise in gas prices. Credit: Greek Reporter. The Russian firm Gazprom, which is majority owned by the Russian state, is continuing to reduce gas supplies to Europe via Belarus, potentially aggravating

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Elon Musk Sells Off $1 Billion More Tesla Shares

1 day ago · Over 3 million Twitter users participated in the CEO’s poll, with 57.9% of voters supporting his desire to sell ten percent of his stock. Musk is the largest shareholder in the company.. Because of the way Musk’s stake in his company is structured, he is incapable of avoiding taxes on his stock options the way executives typically do.

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Elon Musk's Net Worth is More than Greece's GDP

Elon Musk enters new era as Tesla shares close at all-time high on Friday. Musk seems to be entering the peak of his professional success with companies Tesla and SpaceX — and his personal wealth has climbed to new heights as a result. Tesla shares closed at an all time high of $909.68 on Friday, just two days after the company published its revenue and profits for Q3, which were also at a

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Elon Musk Agrees to Sell 10% of Tesla Stock After Twitter Poll

Elon Musk has agreed to sell 10% of his Tesla stock following the results of a Twitter poll. Credit: Public Domain. Elon Musk agreed to sell of 10% of his stock in Tesla on Monday after asking Twitter users to vote in a poll whether or not the clean energy …

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Cristiano Ronaldo Scorns Coca-Cola, Costs Company Billions

Cristiano Ronaldo’s actions have a significant impact. The entire moment lasted less than 45 seconds, but was as unambiguous as it was brief. Within moments of the incident, Coca-Cola’s share price went from $56.10 to $55.22, a drop of 1.6%, which is an overall drop in valuation from $242 billion to $238 billion.

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Elon Musk's Tesla Electric Car Sales Skyrocket

The company sold 367,500 in all of 2019. Despite the wider trend of declining sales brought on by the global chip shortage, Tesla managed to deliver more vehicles once again despite the fact that major automakers saw huge drops this past quarter.

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Titanic Conspiracy Theory Claims the Ship Never Sank

In 1902, financier J.P Morgan bankrolled the White Star Line, putting the company’s chairman J. Bruce Ismay on a path to build luxury ships, to be known as Olympic-class ships. They would have to be bigger, faster and more expensively-built. They were the Olympic, the Titanic, and the Britannic. The lead ship was the Olympic, the first to be

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Greek Shipowner Ioannis Angelicoussis Dies at 73

In 1987, his company was floated on the Luxembourg stock market. Two years later, the company listed on US Nasdaq, where it remained until it was delisted in 2001. Ioannis Angelicoussis managed the Angelicoussis Shipping Group, which owned Anangel Maritime Services, Maran Tankers Management, and Maran Gas Maritime.

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Elon Musk's Starlink Internet Service Set for October

Elon Musk’s Starlink satellite internet platform is being launched in Greece in October 2021. Credit: Official SpaceX Photos / Creative Commons / Public Domain Elon Musk‘s Starlink internet service’s official launch in Greece will take place before the end of the month.The Joint Ministerial Decision (JMD) for the licensing of satellite internet systems is now on its way to publication in

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Musk vs. Bezos: Real Rivals or Fake Feud

Tesla is the world’s most valuable car company based almost entirely on Elon Musk’s celebrity. Credit: Public Domain. The Musk v Bezos rivalry makes for good press and is stoked occasionally in Tweets by both parties, but is it real? Probably not, according to our research, published in the book “The New Patriarchs of Digital Patriarchy: Celebrity Tech Founders and Networks of Power

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Tesla Withdraws From State Aid for German Battery Plant

The company recalled over 10,000 of its vehicles this month due to a glitch in the software that could lead to miscommunications in the FSD Beta mode and potential accidents. The company later announced that 99.8% of the cars have been updated to amend this problem.

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