Companies
Marginal decline in container handling at Piraeus last year
Container handling at Piraeus Port Authority recorded a marginal decline in 2020, significantly smaller than that recorded in Northern Europe or in the rest of the Mediterranean.
Sources say last year closed with a drop of just 3.75% in handling activity, which owner Cosco Shipping officials consider to be quite a feat given the recession in global trade due to the pandemic.
Pfizer’s Greek CEO laments ‘deeply disturbing’ events in Washington DC
Albert Bourla, the Greek chairman and chief executive of pharmaceutical giant Pfizer, has taken to social media to lament the "deeply disturbing" events that took place earlier this week in the American capital, when dozens of pro-Trump rioters stormed the US Capitol.
ATHEX: Index returns to 820 points
The Greek stock market picked up the pace again on Thursday, with the benchmark gaining ground on increased turnover, although banks tipped the balance between winners and losers in favor of those that headed lower. Energy stocks are showing notable resilience, which in the view of investors points to a positive outlook for the economy in general.
- Read more about ATHEX: Index returns to 820 points
- Log in to post comments
Spanish Delivery Service Glovo Wants to Set Foot in Bulgaria
The shutdowns of malls and restaurants first in March and then in end-November has seriously impacted the trade and hospitality industry but at the same time offered the companies new opportunities for rechanneling greater part of their business to online services.
ATHEX: Benchmark comes off record highs
Athinon Avenue eased off Monday's 11-month highs on Tuesday, with the benchmark dropping just over 1% on lower trading volume than on Monday. Banks headed south, but energy stocks mostly headed higher again. Observers consider this cashing in of recent gains quite predictable.
- Read more about ATHEX: Benchmark comes off record highs
- Log in to post comments
Manufacturing sees slowdown in rate of contraction in December
The purchasing managers index (PMI) that IHS Markit compiles may have shown an improvement to 46.9 points in December against 42.3 points in November, but the performance of the manufacturing sector in Greece remains anaemic due to the imposition of the second lockdown from November 7.
Output continued to decrease rapidly due to weak demand and the restrictions.
Generali acquires AXA’s Greek activity
Italian insurer Assicurazioni Generali is expanding its presence in Greece through two deals, with France's AXA Group and Greece's Alpha Bank, it was announced on Thursday.
- Read more about Generali acquires AXA’s Greek activity
- Log in to post comments
ATHEX: Benchmark eases after Monday rise
The benchmark at the Greek stock market came down from a 10-month high on Tuesday with minor losses as many traders chose to secure some of their recent earnings - as increased daily turnover also illustrates - while stocks were largely split between winners and losers.
- Read more about ATHEX: Benchmark eases after Monday rise
- Log in to post comments
Vaccination program under way
A member of the medical and nursing staff at Evangelismos Hospital in Athens gets the jab against the coronavirus on Monday. Vaccinations began on Sunday at five major hospitals in Athens. A total of 471 people had been vaccinated in Greece by yesterday with the vaccine developed by Pfizer and BioNTech with one person developing a minor allergic reaction. [Alexandros Vlachos/ANA-MPA]
- Read more about Vaccination program under way
- Log in to post comments
Nashville blast investigation leads US agents to suburban home
Federal agents investigating the explosion of a motor home in Nashville were searching a two-story suburban house on Dec. 26 for clues to the blast, which injured three people in the heart of America's country music capital on Christmas Day.
Federal agents were also trying to identify apparent human remains found near the exploded vehicle.