BUSINESS Stocks

ATHEX ends week on a negative note

The final week of August painted a difficult picture for investors on the Athens Stock Exchange thanks to low trading volumes making even so-called blue chip stocks unattractive.

BUSINESS Business

Greeks embrace foreign e-stores

A staggering 95 percent of Greeks who make online purchases do so from stores or companies located abroad, a recent study conducted by PayPal and GfK on cross-border commerce in Greece has found.

BUSINESS Shipping

Cosco posts leap in profit

NIKOS ROUSSANOGLOU

Cosco posted an 18.3 percent increase in profitability at the port of Piraeus during the first half of 2016, according to parent company, Cosco Shipping Ports (as Cosco Pacific is now known following the Cosco Group’s recent overall transformation).

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IN IMAGES

Honorary event for Olympic team

Greek President Prokopis Pavlopoulos chats with swimmer Spyros Gianniotis, a silver medalist in Rio, during an official reception to honor Greece’s Olympic team at the Presidential Mansion Thursday. The event was marred by controversy after 19-year-old shooter Anna Korakaki, who won two of Greece’s six medals, including one gold, said she had not been invited to the event. [Alexandros Vlachos/ANA-MPA]