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selling

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Banks ponder selling ATMs

Banks ponder selling ATMs Banks are now considering the sale of their networks of ATMs located away from branches, in an attempt to further reduce operating costs. These are the so-called off-site automatic teller machines – i.e. those placed outside the banking network, such as in department stores, supermarkets etc, but also in remote places […]

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Biggest Selling Classical Artist Andrea Bocelli Confirmed For Athens Concert

Biggest Selling Classical Artist Andrea Bocelli Confirmed For Athens Concert Credit: Andrea Bocelli / Luca Rossetti A date has been announced for Italian tenor Andrea Bocelli’s next Athens concert, which is expected to be his biggest concert to have ever taken place in Greece. Less than a month since his compelling performance with the Thessaloniki […]

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Ellaktor reinvests in renewable energy sources

Ellaktor reinvests in renewable energy sources After selling off its renewable energy sources arm to Motor Oil, Ellaktor is reinvesting in a wind power portfolio. It has just bought out REA Aioliki, which is planning for the development of a wind farm of 18.4 megawatts at Fokida in Central Greece. It is also eyeing more […]

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Why Peloton is selling on Amazon

Why Peloton is selling on Amazon Earlier this summer, I bought an online mattress – in a boring, conventional store. Let me explain why my personal transaction reveals the shrinking of a Silicon Valley dream. One of the Big Ideas of the past decade in technology and shopping was that far more products would skip […]

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Collection agencies to start selling loans back to banks

Collection agencies to start selling loans back to banks Debt collection agencies will start selling back to the banks portfolios of distressed loans that have been put back on a payment schedule. The first such transaction, by loan recovery fund doValue, involves a portfolio of €100 million in mostly mortgages and is expected to take […]

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Stocks fend off selling pressure

Stocks fend off selling pressure Greek stocks ended slightly down despite being under selling pressure almost throughout Friday’s session. The general index ended 0.27% lower, at 893.74 points. Turnover was quite modest, at €33.91 million. The blue chip index dropped 0.30%, to 2,158.35 points, while mid-caps rose 0.01%, ending at 1,398.53. Banks declined 0.51%, to […]

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Stocks gain despite late selling

Stocks gain despite late selling Greek stocksgained slightly Thursday, but finished off intraday highs, as late-session selling of heavyweight stocks on the ATHEX benchmark index kept the market from topping 900 points. ATHEX gained 0.42% to close at 896.12 points on turnover of €58.95 million. The blue chip index gained 0.49% to close at 2,164.79, […]

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Athens-Boston tickets selling ‘like hotcakes’

Athens-Boston tickets selling ‘like hotcakes’ Katerina Makatouni landed in Athens feeling refreshed and ready to adapt to the local time zone, one of thousands of passengers enjoying the ease of traveling directly from Boston in the United States to the Greek capital. “For years, the traveling to Greece with the kids for the summer holidays […]

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Lampsa selling Sheraton Rhodes Resort

Lampsa selling Sheraton Rhodes Resort Lampsa Hellenic Hotels SA, owner of Athens luxury hotels the Grande Bretagne and King George, have announced the sale of another unit, Sheraton Rhodes Resort, to Spanish investment fund Azora, for €43.8 million.  The price includes a €20 million debt that was repaid as part of the transaction.  Lampsa’s management […]

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US ‘will protect Greece’s sovereignty,’ but it should ‘not be selling any type of weapon to Turkey’

US ‘will protect Greece’s sovereignty,’ but it should ‘not be selling any type of weapon to Turkey’ “I always receive assurances, and the State Department has its position, that America will protect Greece’s sovereignty,” US Congressman Gus Bilirakis has said, adding, however, that the Greeks cannot “take any chances” with Ankara in its present state […]

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ATHEX: Bourse suffers selling spree

ATHEX: Bourse suffers selling spree The combination of the European Central Bank policy tightening with the soaring US inflation data sent Greek stocks to a downward spiral on Friday in line with most other eurozone bourses. The Athens Exchange (ATHEX) general index closed at 862.55 points, shedding 2.72% from Thursday’s 886.64 points. On a weekly […]

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Iodine products also selling out in Greece for fear of nuclear war

Iodine products also selling out in Greece for fear of nuclear war The attack on the nuclear plant of Zaporizhia, the largest in Europe, in the midst of war in Ukraine evoked memories of the 1986 Chernobyl nuclear accident. Fear and concern about a nuclear accident has led people to buy iodine pills. In addition […]

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Giannis Antetokounmpo: I Would Go Back Selling CD’s Just to Be With My Dad

Giannis Antetokounmpo: I Would Go Back Selling CD’s Just to Be With My Dad One of the best presents I’ve ever received, Giannis Antetokounmpo said about this painting depicting three generations of the family. Credit: Instagram/giannis_an34 Giannis Antetokounmpo said on Friday that he would do everything to have his father back! Even going back in time […]

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How Brexit Forced McDonald’s to Stop Selling Milkshakes, Drinks

How Brexit Forced McDonald’s to Stop Selling Milkshakes, Drinks McDonald’s and many more UK-based business suffer from lack of lorry drivers largely due to Brexit. Credit: Crusier/Creative Commons Attribution-Share Alike 3.0/Wikipedia McDonald’s locations in England, Wales and Scotland are temporarily no longer serving milkshakes and bottled drinks due to supply chain and logistic issues largely caused […]

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US Charges Greek Man for Selling Insider Trading Tips on the Dark Web

US Charges Greek Man for Selling Insider Trading Tips on the Dark Web Greek man charged for selling insider tips on dark web. Public Domain The US authorities have charged last week Greek national Apostolos Trovias they claim sold insider trading tips on the dark web. The Department of Justice and the Securities and Exchange […]

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Elliniko homes selling fast

Elliniko homes selling fast Elliniko mega-project contractor Lamda Development has been approaching selected candidates for its planned Marina Towers luxury apartments, at rates starting from 7,500 euros per square meter and up to €26,200/sq.m., depending on the view and level. According to the company, interest is particularly strong, both from foreign and, particularly, from domestic […]

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ATHEX: Trading day with a sting in the tail

ATHEX: Trading day with a sting in the tail A late selling spree inflicted notable losses on most Greek stocks on Tuesday, with all indexes except for mid-caps heading lower and stocks across the large-cap board sustaining losses despite the effort by Alpha Bank and three more blue chips to keep the benchmark afloat. The […]

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Greek 17-Year-Old Makes Thousands Selling Sneakers From His Bedroom

Greek 17-Year-Old Makes Thousands Selling Sneakers From His Bedroom Giannis Louloudis, the sneaker reseller based in Greece, holding one of his most prized sneakers, the Nike Mag 2011. Standing next to him is Giorgos Kavvalos, a Greek sneaker and fashion influencer. Credit: Instagram/@giannislouloudis One of Greece’s best-known sneaker resellers is none other than 17-year-old Giannis […]

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ATHEX: Month-low for benchmark

ATHEX: Month-low for benchmark Greek stocks were subject to a midweek selling spree on Wednesday that inflicted major losses on all indexes. The benchmark nosedived to its lowest close in 17 sessions, with Athinon Avenue following the global trend of decline that has not yet shown any signs of abating. The Athens Exchange (ATHEX) general […]

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