Marble signed a contract Wednesday with Aris Thessaloniki of the GREEK League, international basketball writer David Pick reports. Marble did little to ...
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Thursday, August 11, 2016
Seaside Hydra Wedding in Greece
Nothing says Mediterranean better than Greece – probably the most photogenic wedding destination in the Med. With the many islands surrounding the Aegean sea, couples looking for a place to tie the knot won’t run out of options to choose from.
The Ceramic Art of Chios island, Greece!
Chios is one of the most beautiful Greek islands. Its natural beauty won me over right away at a recent visit of mine. Among everything else that Chios has to offer, I also got the chance to get better acquainted with its traditional ceramic art.
China’s Cosco Takes Over Control of Port of Piraeus
Greece's privatization has resulted in giving control of the port of Piraeus to China's Cosco, which already had a big stake there.
With SYRIZA Under Siege, Tsipras Turns To Turn It Around
Under fire, Premier Alexis Tsipras is hoping to rally the Radical Left SYRIZA and Greeks into backing him despite more looming reforms.
Greek Yogurt Market Analysis, Prediction to 2021 by Region, Type, Technology 2021
Next part of the Greek Yogurt analysis report speaks about the manufacturing process. The process is analysed thoroughly with respect three points, viz. raw material and equipment suppliers, various manufacturing associated costs (material cost, labour ...
Splash park to offer extended hours
Additionally, the GREECE Public Library is open to all residents from 9 a.m. to 9 p.m. Mondays through Thursdays, 9 a.m. to 5 p.m. Fridays and ...
3000-year-old skeleton could be evidence for a gruesome GREEK legend
Recent excavations of a 30-meter ash altar on Mount Lykaion in Greece, once worshipped as the birthplace of Zeus, have revealed a 3000-year-old ...
Pokemon Go craze claims its first GREEK casualty
Greece suffered its first Pokemon Go casualty on Thursday when a 15-year-old boy suffered a head injury after walking into a milling machine in a field ...
Greek Chic: Inside Jackie O', a Posh Paradise in Mykonos
I have a mad crush on Jackie O’. I wish I could visit her every day, so I could eat, drink, frolic and lay prone in her domain, basking and surrounded by her intoxicating perfume and her presence. Does that sound really odd? Well, it would if I was ...
Greek Rowers Finish Fourth in Rio’s Finals
Greek rowers Katerina Nikolaidou and Sofia Asoumanaki finished fourth in the double sculls final in Rio’s Olympics on Thursday with a time of 7:48.62. Poland’s Magdalena Fularczyk-Kozlowska and Natalia Madaj won the gold with 7:40:10. (Source: ANA-MPA)
Why Are Companies In Singapore Delisting?
Aug 11, 2016 Picture: Over the past few months, the Singapore stock market has witnessed a succession of privatisation exercises. Companies that have delisted include OSIM International, China Merchants Holdings, and Eu Yan Sang International to name a few. Forecasts suggest mild consolidation for the Asian markets though, thanks in large part to fears of a rate hike and slump in the price of crude oil. What’s more, if the Singapore stock market follows recent positivity in Europe and the US, made possible by the decision to unlock €10.3 billion in new bailout loans to Greece, there could be plenty of promise for investors, especially via a leveraged product like CFD trading. So, why are companies in Singapore delisting? DETAILS OF RECENT DELISTINGS IN SINGAPORE In March 2016, OSIM International’s founder Ron Sim launched an offer to take the company private. This was followed in May by the majority owner of China Merchants Holdings’ decision to acquire all the company’s shares it did not already own. Earlier this month, Eu Yan Sang International also announced that chief executive Richard Eu made an offer to take the company private with the help of other investors including family members and Temasek, one of the Singapore government’s investing arms. In its fiscal year ended 30th June 2015, Eu Yan Sang saw net profit figures fall from S$15 million to just S$4.6 million. Furthermore, profit shrank by over 90 per cent from $8.2 million to just S$634,000 in the first nine months of FY2016. However, its particularly interesting to note that at the firm’s share price of S$0.65 just prior to the buyout offer, it was valued at 1.8 times book value, meaning Eu Yan Sang has had an average price-to-book ratio of 2.0 over the past three years. REASONS FOR RECENT DELISTINGS IN SINGAPORE One of the many problems listed companies face is keeping track with management responsibilities while at the same time providing quarterly or half-yearly reports to investors. Listed companies on Singapore’s stock market must also answer to public shareholders, making it harder for struggling businesses to implement turnaround strategies successfully. Therefore, if a company decides to go private, it can realign attention on managing core operations with the diminished responsibility of answering to a small handful of investors. However, it is imperative that companies strike the right privatisation deal to satisfy the interests of all parties. Instead of going voluntarily with a general offer, like most delistings, the potential acquirer of Lantrovision recently picked a “Scheme of Arrangement” method for privatisation, which requires a court meeting and vote. Due to its valuation angle, this could have put shareholders in a disadvantageous position, but as Stanley Lim Peir Shenq, CFA explains, a favourable arrangement was agreed upon. “As part of the deal, the company’s three co-founders and all its employees will remain employed after the buyout. As for the minority shareholders, the buyout price is higher than any price at which the company’s shares have been trading at since late 2012.” Contributor / Sophie Davidson Category: Business / Economy Finance / Banking Stocks / IPOs Views FeaturedNews: Show in Featured News TopPicture:
Learn Ancient Greek in 64 Free Lessons from Brandeis & Harvard
Briefly noted: Leonard Muellner (Professor Emeritus of Classical Studies at Brandeis University) and Belisi Gillespie (Phd candidate at UC Berkeley) have posted 64 videos on YouTube, which, when taken together, “present all the content covered in two ...
Greek Banks Use Higher Interest To Lure Back Money
Hoping to get back money customers yanked out, Greek banks are offering higher interest rates during ongoing capital controls.
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Syrian child refugees tell Pope of new life in Rome
[Pope Francis reads a book to Syrian refugee children at the Vatican's Casa Santa Marta on August 11, 2016]Young Syrian refugees who Pope Francis brought home with him after a trip to Greece laughed and joked with the pontiff Thursday as they told him of their new life in Italy.
Muuna aims to make cottage cheese the new GREEK yogurt
NEW YORK -- A new, innovative food company is on a mission to change the way consumers think about cottage cheese. Muuna announced it is ...
GREEK banks' reliance on ELA keeps declining
Emergency central bank funding to GREEK lenders fell 5.4 percent, or 2.92 billion euros in July compared to the previous month, Bank of Greece data ...
GREEK, Turkish ministries spar over guarantees system on Cyprus
The GREEK Foreign Ministry responded that the very presence of Turkish troops on the island are a source of “instability, insecurity and problems for all ...
Refugees in Greece learn to love the sea again
During the summer months, for many of us a quick paddle or dip in the sea hardly seems anything out of the ordinary. But for refugee children on the Greek Island of Lesbos, going back into the water is not always easy – many have often suffered traumatic ...
Panagia Soumela festival celebrates Greek culture and faith
Photos provided Children dress in costume and dance traditional dances at the Panagia Soumela festival. The Holy Institution of Panagia Soumela in West Milford has an exact replica of the icon that was kept in the original monastary. BY GINNY PRIVITAR WEST ...
Scholar Erna Shirinian Delves into Armenian-Greek and Armenian-Byzantine Relations
CAMBRIDGE, Mass. – Normally Dr. Erna Manea Shirinian spends the first half of her workday as a full professor of history at Yerevan State University and then goes in the afternoon to Yerevan’s Mesrop Mashtots Institute of Ancient Manuscripts ...
Greek prosecutor freezes assets of shipping magnate Giannis Alafouzos
Greek justice has frozen the assets of Giannis Alafouzos, owner of Skai TV and football club Panathinaikos, following audits by the tax office centre. Greece’s financial crimes prosecutor, Panayiotis Athanasiou ordered the freezing of moveable and ...
15-year-old injured while playing Pokemon Go in Trikala, Greece
A 15-year-old boy from Trikala in Greece had to receive stitches on Tuesday after injuring himself while playing Pokemon Go. As revealed by the trikalanews.gr website, the 15-year-old boy injured himself when he hit his head on his father’s tractor hoe.
Eight refugee children from one refugee center hospitalized with Hepatitis A
Eight refugee children aged 2-18 years old are being hospitalized after they were diagnosed to have been infected with Hepatitis A. All the children were residents of refugee center in Nea Kavala and are now hospitalized in Kilkis, northern Greece. “The virus is transmitted orally, from food, from hands, from […]
Turkey wants “life sentence” for 8 Air Force officers who fled to Greece with a helicopter
The office of Istanbul Chief Public Prosecutor sent an extradition requisition to Turkish Justice Ministry on August 10th be sent to Greek authorities. The requisition refers to the extradition of eight members of the Turkish Air Force who escaped to Greece with a Black Hawk helicopter on July 16th 2016, […]
GREEK Olympic gold medalist Anna Korakaki returns to Athens
According to reports the flight of the GREEK athlete was delayed for an hour and a half due to her fire arms being inspected. The gold medalist will be ...
Turkish naval officer based in US 'missing' after coup attempt, state news says
Two Turkish military attaches working in Greece have fled the country for Italy after the failed military coup attempt, Turkey's foreign minister said Thursday, while reports said a naval officer based in the US has also gone missing.
Greek firefighter called out to tackle house fire finds own mother dead
An 82-year-old woman in Kalavryta was found dead in her kitchen, after a fire broke out on Wednesday. Tragically, one of the firefighters called out to tackle the fire was her son. Upon arrival at the two-story house in Kalavryta, the firefighters found ...
Making a Traditional Greek Salad
Matthew has his own YouTube channel and makes a cooking video every week. If you'd like to see his channel visit www.youtube.com/brainfoodmfj. We made a traditional Greek Salad with Matthew.
Ancient Greek Skeleton May Be Remains of Human Sacrifice to Zeus
The 3,000-year-old skeletal remains of a teenage male were found buried at an altar used for sacrifice on Mount Lykaion. Part of the skeleton's skull is missing, according to archaeologists. Credit: Hellenic Ministry of Culture, Education and Religious ...
Greek tourism: Last-minute international arrivals jumped 9.1% in July
July saw an increase in last-minute international tourist arrivals in airports and roads, Greece's largest tourism body SETE said on Wednesday. According to the association, airports nationwide recorded a 9.1 percent rise (about 276,000) in arrivals last ...
Greek Olympic winner Korakaki talks of her success while family celebrates
Anna Korakaki sent a whole nation into tears on Tuesday night after winning the gold medal in the 25m pistol event. Korakaki made history at the Rio2016 Olympics, becoming only the second athlete in the modern Olympics from Greece to win two medals at the ...
GREECE and Turkey in 'war of words' over Cyprus and putschists
The elimination of the anachronistic system of guarantees and the withdrawal of Turkish troops from Cyprus are sine qua non conditions for a just and ...
Skeleton 3000 years old lends credence to claims of Ancient GREEKS sacrificing humans
The ancient GREEKS told myths about human sacrifice, but did they really kill people as some sort of sinister sacrifice to the gods? The 3,000-year-old ...
Toronto Restaurant Openings: Lasa by Lamesa, Poke Guys, GREEK & Co., Bar Mar, Baddies ...
It's All GRK has suddenly rebranded - it's now GREEK & Co. Locations at 756 Queen St. W., and 366 Bloor St., are both still serving up the same menu.
Turkey tells Europe to return missing attaches
Turkey is demanding that two of its military attaches who fled Greece after Turkey's abortive coup be returned from Europe. It says three other attaches have been sent back from Kuwait and the United Arab Emirates.
Turkey and Greece clash over guarantees
Greek Foreign Minister Nikos Kotzias was involved in a clash of words with the Turkish Foreign Ministry on Thursday after claiming that the need to abolish guarantor powers in Cyprus was amplified by the recent attempted coup in Turkey. The abolition of ...
Two Greek hotels in European Hotel Design Awards 2016 finalists
Two Greek hotels, Coco-Mat Hotel in Athens and Grace in Santorini are among the European Hotel Design Awards 2016 finalists that have been announced following a preliminary round of voting. Ranging from a newbuild resort designed in the style of an ...
Via Egnatia festival in the footsteps of the ancient Roman road crossing Greece
A series of cultural, sports, gastronomy and traditional events will be held across the region of eastern Macedonia and Thrace in the footsteps of ancient Egnatia Odos and within the context of the 2nd Via Egnatia Festival. The festival is held to promote ...
Emergency central bank funding to Greek banks drops by 2.9 bln eur in July
Banks have relied on emergency liquidity assistance (ELA) drawn from the Greek central bank since February last year after being cut off from the ECB's funding window due to stalled bailout talks between the government and its official lenders. Their ...
GREECE shortlists TV applicants
GREECE has announced its final shortlist of seven private would-be broadcasters. The Greek government has been running a tendering process for just ...
How the Olympics wrecked the Greek economy
Ah, the pageantry of the Olympics: the emotional medal ceremonies, the salacious rumors from inside the Village, the annihilation of entire first-world economies. All right, generally applied, that last one is a bit of an exaggeration, but it’s true in ...
Olympiakos hires Bento as its 3rd coach this year
ATHENS, Greece (AP) — Olympiakos has hired former Portugal coach Paulo Bento to replace Spaniard Victor Sanchez.
Turkish Authorities Ban Christian Liturgy in Panagia Sumela Monastery
Sources within the Patriarchate of Constantinople who prefer to remain anonymous and many Pontic GREEKS believe that the construction static ...
Editorial: Dear Freshmen: Don't worry, it's not always so GREEK
Michel Russo, 20, a finance and international business major as well as the GREEK Relations Chair for UGA Miracle, speaks with incoming freshmen ...
Did the GREEKS Make Human Sacrifices to Zeus?
A team of US and GREEK archaeologists has found a 3,100-year-old human burial at a sacrificial altar dedicated to Zeus, the supreme deity in GREEK ...
Summer Tourism 2016: 4 Greek island villas among European top-10 beach houses
Four Greek island villas are the among the top-10 beach houses in Europe, according to travelpulse.com which notes the following: "Europe is renowned for its world-class accommodations. But rarely does the spotlight reach its beach houses. Nonetheless ...
Arianna Huffington is leaving The Huffington Post
[Arianna Huffington]Andrew Burton/Getty Images Arianna Huffington, the founder of The Huffington Post, is leaving the company, The Wall Street Journal first reported on Thursday. Huffington plans to focus on a new startup called Thrive Global, which will launch in November and focus on health, productivity, and wellness issues. The company shares the name of her book "Thrive" and will offer workshops, online courses, and other ways it hopes will help companies improve the well-being of their employees. It has already begun testing its services with the professional services company Accenture, according to a press release sent out by the company on Thursday. Thrive Global secured series A funding last week. A source close to the company told Business Insider it was a $7 million round that valued Thrive Global at $33 million. The investment convinced Huffington she could not remain at the media company she cofounded 11 years ago. She told The Journal: "I really thought I could do both, but as we started building it up, I realized that it really needed my full attention. It is important to know when one door closes and another opens and I felt that moment had arrived." AOL acquired The Huffington Post in 2011 for $315 million. But questions lingered over Huffington's future role at the company after Verizon acquired AOL for $4.4 billion in 2015. Huffington ended up signing a four-year deal in June to stay on as chair, president, and editor-in-chief at the Verizon-owned content business. She told The Journal there had been discussions for her to continue in a different role at The Huffington Post when Thrive Global launches later this year, but she said it wasn't an option. Huffington said: "I have been running Huffington Post for 11 years and I couldn't imagine having another relationship with it." [Tim Armstrong]Andrew Burton/Getty ImagesAOL CEO Tim Armstrong said in a statement that the company intended to partner with Thrive Global in the future. The full statement reads: "Arianna is a visionary who built The Huffington Post into a truly transformative news platform. Today, The Huffington Post is a firmly established and celebrated news source and AOL and Verizon are committed to continuing its growth and the groundbreaking work Arianna pioneered. We are confident that our strong editorial leadership team will maintain the exacting standards and high-quality journalism of our Pulitzer Prize-winning newsroom. The Huffington Post draws more than 178 million people worldwide on a daily basis and continues to distinguish itself with groundbreaking reporting and analysis. We remain committed to our mission of making The Huffington Post the most influential and innovative news company in the world. "We are looking forward to partnering with Arianna on Thrive Global and are grateful for what she has done in creating such an iconic brand." Thrive Global's series A round was led by Lerer Hippeau Ventures, the venture fund created by Huffington Post cofounder Ken Lerer, former Huffington Post CEO Eric Hippeau, and Thrillist Media CEO Ben Lerer. Other participants in the round include: Blue Pool Capital, Greycroft Partners, Advancit Capital, Female Founders Fund, Zoƫ Baird, Nicolas Berggruen, Joanna Coles, Ray Dalio, Mohamed El-Erian, Nick Green, Gunnar Lovelace, Fred Harman, Isabella Huffington, Andre Iguodala, and Sean Parker. ARIANNA HUFFINGTON: A TIMELINE [arianna huffington]Andrew Burton/Getty Images1950: Born in Athens, Greece 1966: Moves to the UK and later studies economics at Cambridge, where she became the president of the university's Cambridge Union Society debate club. 1973: Writes the "Female Woman" book, which attacks Germaine Greer's "The Female Eunuch." 1979: Cohosts BBC1's late-night talk show "Saturday Night at the Mill" for 12 episodes. 1980: Moves to the US. Publishes several articles for the National Review and writes two biographies, one of Maria Callas and another about Pablo Picasso. 1985: Marries Michael Huffington and helps support his campaign for a seat in the US Senate. He lost the race to the incumbent, Dianne Feinstein. 1996: Reports on the presidential election for Comedy Central. 1997: Arianna and Michael Huffington divorce. 2003: Bids, unsuccessfully, for the governorship of California. 2005: Cofounds The Huffington Post with Ken Lerer and Jonah Peretti. [Arianna Huffington]Andrew Burton/Getty Images2007: Writes her eleventh book, "On Becoming Fearless ... In Love, Work, and Life." 2011: AOL acquires The Huffington Post for $315 million. 2014: Writes international best-seller "Thrive: The Third Metric to Redefining Success and Creating a Life of Wellbeing, Wisdom, and Wonder." 2015: Verizon acquires AOL for $4.4 billion. Huffington signs a four-year deal to stay on as chair, president, and editor-in-chief of The Huffington Post. 2016: Publishes "The Sleep Revolution: Transforming Your Life, One Night at a Time." 2016: Huffington announces the launch of Thrive Global, a wellness company. NOW WATCH: EX-UNDERCOVER DEA AGENT: What I did when drug dealers asked me to try the product
ICGB invites binding bids for booking capacity on GREECE-Bulgaria gas link
SOFIA (Bulgaria), August 11 (SeeNews) - ICGB, the project company developing the Gas Interconnector GREECE-Bulgaria (IGB), invited on Thursday ...