Konstantinos Koudounakos

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REPORT: Greece doesn't want to pay its IMF debt back on time

If Greece doesn't get its latest bailout money soon it's unclear whether it can afford the payment, but even if it does, finding the cash to pay public pensions, salaries and other repayments immediately afterwards will be incredibly difficult or impossible.<p>According to German news magazine …

The 10 most important things in the world right now

<b>1.</b> Europe's private sector is picking up speed, based on the latest business surveys from Spain, Italy, France, Germany and the eurozone whole-economy.<p><b>2.</b> Greece's new radical government has irritated fellow European leaders with their surprisingly hostile negotiating manners.<p><b>3.</b> I sraeli Prime …

Apple wins patent for a virtual reality headset that works with the iPhone

Apple was just awarded a patent titled "Head-Mounted Display Apparatus for Retaining a Portable Electronic Device with Display," which details a virtual reality headset powered by an iPhone or iPod, according to Apple Insider.<p>The headset would use the iPhone's screen as the headset's primary …

How CVS turned its cigarette ban into a strategic weapon

On Wednesday, Rite Aid announced a $2 billion deal to acquire EnvisionRX, the latest in the drug retail industry's ongoing consolidation in the pharmacy benefit manager (PBM) space.<p>While stores like Rite Aid and CVS focus on selling over-the-counter goods, what is kept behind the pharmacy counter …

In case you need further proof that Google search is best advertising product in the history of the world...

Frederic Filloux has an interesting analysis over at Monday Note.<p>Among other observations, Filloux illustrates how fantastically lucrative Google's search business is.<p>On a digital-revenue-per-monthly user basis, Google search dwarfs all other advertising-based businesses, including Facebook, …

The 4 stages of the sales learning curve for young companies

About once a week, I hear an entrepreneur during a financing presentation tell me that the product is almost ready for General Availability. They say, “Now all we need to do is hire a sales guy.”<p>It’s a little bit of an overstatement to say that the meeting ends at that point, but suffice it to say …

Business Development

This is how you take the confusion out of repaying student loans

Over seven million people are in default on more than $100 billion in federal student loans, up by half a million people from only a year ago. To …

Apple May Show Off More Than Watch at Next Event

Apple has a lot of explaining to do.<p>While the tech giant showed off the Apple Watch at its iPhone launch in October, the company has since held its cards close, revealing only minimal information about the wearable device.<p>And even though its now known that the device will begin shipping in April, …

MacBook Air

The 'richest candyman on the planet' dies at 89

His death is likely to spur talk of succession and potential tie-ups at the family-controlled Ferrero group, which has continued to grow even through Italy's longest recession since World War Two.<p>The group, which makes chocolate-hazelnut Nutella spread, Ferrero Rocher pralines and chocolate Kinder …

Indispensable Angela Merkel brings conviction to a united Europe

It was early Thursday morning in the Belarussian capital of Minsk when German Chancellor Angela Merkel emerged, looking sober and weary, after an all-night negotiating session.<p>Over the prior week, she had held talks with her counterparts in Kiev, Moscow, Washington and Ottawa, a diplomatic obstacle …

Greece, euro zone fail to agree on debt, to try again on Monday

BRUSSELS (Reuters) - Greece agreed on Thursday to talk to its creditors about the way out of its hated international bailout in a political climbdown that could prevent its new leftist-led government running out of money as early as next month.<p>Prime Minister Alexis Tsipras, attending his first …

American whiskey is taking over the world

Vodka still has the biggest market share of the three big hard liquors in the US, but growth in whiskey is booming rapidly catching up.<p>Vodka sales, by volume, were up 1.6% in 2014. Tennessee whiskey and bourbon sales by volume were up 7.4% in the same period, according to the Distilled Spirits …

The next bubble: Automotive credit?

Car buyers are borrowing more money than ever to finance the purchase of new and used vehicles. Borrowing terms are growing longer and credit …

The physics of popcorn: Watch the explosion in slow motion

It's one of the most dramatic transformations in science, and it happens in your microwave.<p>Most popcorn lovers take for granted that a simple kernel of corn can metamorphose into a fluffy treat. But to a pair of French researchers, the popping of corn presents a powerful demonstration of how the …

Greece Casts Shadow Over European Markets

Risk of Greece Leaving the Eurozone Remains a Serious Concern for Investors<p>Greek markets tumbled on Monday after Prime Minister Alexis Tsipras stuck to his commitment that he would refuse to accept an extension of Greece’s international bailout, heightening fears that the country could default on …

These Shocking Google Earth Images Show How Quickly The Planet Is Changing

A lake disappears. The desert turns to concrete. See the changes humanity has wrought in the landscape.<p>It’s one thing to talk about changes to the planet in the abstract, and another to see them happen in simple before-and-after shots. That’s the power of a new exhibit that uses aerial photos from …

The 25 Best Inventions of 2014

Advertisement<p>Advertisement<p>Advertisement<p>Advertisement<p>Advertisement<p>Advertisement<p>Advertisement<p>Advertisement<p>Advertisement<p>Advertisement<p>Advertisement<p>Adverti …

How will Japanese recession affect U.S. recovery?

Japan's unexpected fall into recession — the latest stumble for its long-struggling economy — poses another obstacle to the U.S. recovery and demonstrates the problems many key nations still are having regaining their economic footing after the Great Recession.<p>A major trading partner for the U.S. …

Fallen Arches: Can McDonald's get its mojo back?

Perhaps no episode captures what’s ailing the world’s largest restaurant company better than the Mighty Wings Debacle of 2013. In September of last …

David Cameron Warns World Is 'Teetering On The Brink' Of Second Global Financial Crash

David Cameron warned a fresh global economic disaster could be looming as Ebola, conflict in the Middle East and Russia's interventions in Ukraine …

Ξέρεις πώς να ξεχωρίζεις; - ΚΑΡΙΕΡΑ

<i>Γράφει η Δήμητρα Καρατώλου*</i> <i><br>Σύμβουλος Σταδιοδρομίας & Προσωπικής Ανάπτυξης (MSc, PCC)</i><p>Έχετε σκεφτεί ποιο είναι αυτό το μήνυμα που περνάει στους άλλους …

Άλλαξε τη Μονόπολη. Μπορείς! - LIFE

Ήταν ίσως η πρώτη επαφή μας, ως παιδιά, με τον άκρατο καπιταλισμό: μία πρώτη εμπειρία ή ακόμη και η… προετοιμασία μας για έναν κόσμο οικονομικής …

Tiny Spanish Island Nears Its Goal: 100 Percent Renewable Energy

It actually takes quite a lot of fossil fuel power to reach the tiny Spanish island of El Hierro. You have to catch a commercial jet flight, a propeller plane and then a ferry to reach what was once the end of the known world, before Columbus set sail.<p>But once you're there, there's no need for …

What's PayPal's first solo move?

NEW YORK (AP) — PayPal's impending split from long-time partner eBay Inc. will ratchet up its appeal to online retail competitors such as Amazon.com …

Bank of Greece confirms primary surplus for Q1 2014

Data shows that the government's borrowing needs are gradually being reduced<p>The Bank of Greece issued an announcement according to which the Greek …

Central Banks

Apple’s own numbers show that it should make cheaper iPhones

Apple had a fantastic first quarter. So good, in fact, that the company surprised itself—in January it forecast revenues of between $42 billion and $44 billion. Instead, it raked in $45.6 billion, blowing away its own and analysts’ projections. And it sold 43.7 million iPhones, up 17% from the same …