ATHEX: Benchmark loses all of day’s gains
ATHEX: Benchmark loses all of day’s gains It can’t be{any coincidence when the same story was repeated at the Greek bourse for a fifth day in a row on Thursday, when stocks slid off their midday highs and the benchmark ended up marginally below Wednesday’s close. The positive remarks by foreign firms and the constant […]
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Bulgarian government loses no-confidence vote
Bulgarian government loses no-confidence vote The Bulgarian government of Prime Minister Kiril Petkov collapsed on Wednesday in a no-confidence vote in parliament, throwing the country into political turmoil amid the war in Ukraine and surging inflation. Opposition lawmakers toppled the government – which took power six months ago – on a 123-116 vote after the […]
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Varoufakis’ MeRA25 party loses MP
Varoufakis’ MeRA25 party loses MP An MP from Yanis Varoufakis’ MeRA25 party announced on Tuesday she was leaving its parliamentary group, accusing the party of changing from being “inclusive and pluralist” one to a “closed club of the elite.” In a letter to the parliamentary speaker, Angeliki Adamopoulou said she would continue to sit in […]
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Mark Zuckerberg Loses $7 Billion in Hours After Facebook Goes Down
Mark Zuckerberg Loses $7 Billion in Hours After Facebook Goes Down Facebook founder Mark Zuckerberg is hemorrhaging money as Facebook’s stock plummets. Credit: Anthony Quintano, CC BY 2.0 Facebook founder Mark Zuckerberg has lost an alarming amount of personal wealth, taking him down $7 billion dollars in mere hours on Monday. This fall comes after […]
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After 26 Years, Sir Stelios Loses Control of EasyJet
After 26 Years, Sir Stelios Loses Control of EasyJet Sir Stelios Haji-Ioannou has lost his grip on easyJet, the company he founded in 1995. Credit: easyGroup / Wikimedia Commons EasyJet founder Sir Stelios Haji-Ioannou has lost his control over his budget airline, after the company raised £1.2 billion in extra cash. Sir Stelios’ blocking stake […]
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ATHEX: Index loses its grip on 900 points
ATHEX: Index loses its grip on 900 points The prospect of the European Central Bank curtailing its extraordinary bond-buying program, based on the ECB board decision on Thursday, brought fresh losses for Greek stocks, with the benchmark dropping below the 900-point mark, a 13-session low. This pressure was observed in all sectors, with trading volume […]
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Tsitsipas Gets Injured; Loses to Humbert at Tokyo Olympics
Tsitsipas Gets Injured; Loses to Humbert at Tokyo Olympics Stefanos Tsitsipas congratulates his French opponent after his defeat in Tokyo. Credit: Hellenic Olympic Committee / Twitter Greek tennis champion Stefanos Tsitsipas saw his plans for a personal Olympic medal in Japan getting crashed by France’s Ugo Humberd on Wednesday. The Greek tennis player won’t continue […]
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ATHEX: Benchmark loses nearly 4% in a day
ATHEX: Benchmark loses nearly 4% in a day Concerns about the Delta variant, the oil rate drop and inflationary pressure triggered a mini sell-off at the beginning of the week across most European stock markets. Athinon Avenue was no exception as its benchmark shrank by almost 4% in what was the biggest daily decline in […]
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Greece Loses to Canada in Basketball Olympics Qualifier
Greece Loses to Canada in Basketball Olympics Qualifier Greece lost to Canada on Tuesday. Credit: Hellenic Basketball Federation Greece basketball team lost on Tuesday the first game of the FIBA Olympic qualifier to Canada 91-97 and must now win the second game against China to qualify for Tokyo. The turning point of the game, played […]
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Retail market loses over half a billion euros in Q1
Retail market loses over half a billion euros in Q1 The latest lockdown cost retail commerce more than half a billion euros, with turnover sliding €559.44 million year-on-year in the first quarter, during most of which stores remained shut. Most stores opened only for the second half of January, plus a few days with the click-and-collect […]
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