Industries
Turnover increase of 20% for retailers this week
The first week after the introduction of the hybrid e-commerce model known as click-and-collect (dubbed "click-away" in Greece) saw the turnover of retail enterprises boosted by about 20% compared to the previous week. However, in this can in no way offset all of the sector's festive season losses as the lockdown does not allow for the conventional operation of brick-and-mortar stores.
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Hyundai Motor moves to buy all stakes at Turkish subsidiary
South Korean automotive giant Hyundai Motor on Dec. 17 applied to the Turkish competition authority to buy 30 percent stake of Hyundai Assan from Kibar Holding in a bid to become the absolute owner of the Turkish carmaker.
Hyundai Motor, the world's fifth-biggest auto group, currently holds 70 percent stake of Hyundai Assan.
Morocco Is The Latest Arab Country To Normalize Israel Ties (infographic)
A great success for the Trump administration
Trump: The most important case in history
US President Donald Trump announced that "the most important case in history" will take place before the US Supreme Court.
"If the Supreme Court shows great Wisdom and Courage, the American People will win perhaps the most important case in history, and our Electoral Process will be respected again!", Trump wrote.
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UN Report: Food Prices Rocket for First Time in 5 months
The UN Food and Agriculture Organization (FAO) food price index also predicted that cereal production would be 2.704 billion tonnes in 2019, slightly lower than its last forecast.
World food prices rose for the first time in five months in October, boosted by jumps in quotations for sugar and cereals, the United Nations food agency said on Thursday.
Cenergy’s talks with Nexans stop
Negotiations between French multinational cable manufacturer Nexans and local Viohalco's subsidiary Cenergy Holdings on the sale of Hellenic Cables to the European giant have proved fruitless. Still, the very fact that there were such talks has placed Hellenic Cables at the center of attention among its international peers.
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Elon Musk boosts Larco’s outlook
The next few months will determine the future of Larco, Greece's state mining and metallurgical company founded in 1963, but this month's tenders for its assets will likely be boosted by the founder and chief executive of Tesla Inc, Elon Musk.
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7 out of 10 richest people in world tech genius
Seven of the top 10 businessmen in the list of the world's 500 richest people are engaged in technology, according to Bloomberg Billionaires Index data.
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Trump says he’ll leave if Electoral College seats Biden
President Donald Trump said on Nov. 26 that he will leave the White House if the Electoral College formalizes President-Elect Joe Biden's victory- even as he insisted such a decision would be a "mistake"- as he spent his Thanksgiving renewing baseless claims that "massive fraud" and crooked officials in battleground states caused his election defeat.
Apple’s Next Big Product: The Apple Car (video)
When Will Apple Release The Apple Car?
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