Rockefeller Center

NBG likely to sell its insurance unit this year

National Bank of Greece expects to sell its subsidiary Ethniki Insurance this year and plans other sales as part of its restructuring, its chief executive said on Wednesday.

Last month Greece's second largest lender hired Goldman Sachs and Morgan Stanley as advisers on the sale of the insurance unit, banking sources close to the deal said.

Ohio museum sells pieces despite protests from Cyprus, Egypt

The sale of nearly two dozen antiquities from an Ohio art museum brought in 640,000 dollars on Tuesday despite objections to the auction from the governments of Egypt and Cyprus.

The items sold were among nearly 70 pieces from Egypt, Greece and Italy that the Toledo Museum of Art plans to sell.

General Electric makes new investment in Turkey to meet country's rising renewable energy demand

General Electric (GE) has made a fresh $20 million investment in its transformer facility in the northwestern district of Gebze in a bid to meet the country's equipment needs for renewable power plants, which have recently been on the rise. 

Pages