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☆ Greece becomes first EU country to introduce a six-day working week
▼ + stars: | 2024-07-02 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

A church in Anafiotika neighborhood, a part of the old historical neighborhood called Plaka, in Athens, Greece on March 16th, 2024. Greece has controversially introduced a six-day working week for some businesses in a bid to boost productivity and employment in the southern European country. The regulation, which came into force on July 1, bucks a global trend of companies exploring a shorter working week. The change means a traditional 40-hour workweek could be extended to 48 hours per week for some businesses. Food service and tourism workers are not included in the six-day working week initiative.

Persons: Kyriakos Mitsotakis Organizations: Labor, CNBC Locations: Anafiotika, Athens, Greece, London

☆ Heat waves in Europe are getting more dangerous. Here’s what that means for travelers
▼ + stars: | 2024-06-29 | by ( Billy Stockwell | ) edition.cnn.com time to read: +10 min

CNN —Growing up in Texas, Mary Beth Walsh thought she was accustomed to high temperatures. Her hometown of Dallas, which is currently being blasted by unrelenting heat, frequently experiences heat waves. “I always joke around that I have such a high heat tolerance; I bring my sweatshirt with me to class in August (in the US),” she said. Hiking in high temperatures has been a common thread linking recent deaths in the country. Amer Ghazzal/ShutterstockExtreme heat is one consequence of climate change impacting tourist hot spots across Europe.

Persons: Mary Beth Walsh, “, ”, Michael Mosley, we’ve, ” Roo Clark, Stefanos Sidiropoulos, Sidiropoulos, acclimatize, Guglielmo Mangiapane, ” Eduardo Santander, ‘, Amer Ghazzal, Clark, ” Clark, Andrea Ammon, ECDC, Hilary Swift, ” Rebecca Carter, Carter Organizations: CNN, Dallas, “, ” Authorities, Tourism Council, Reuters, European Travel Commission, ETC, Santander, European Centre for Disease Prevention, Authorities, Bloomberg, Getty, World Resources Institute Locations: Texas, Athens, Europe, Greece, British, Suffolk, England, Skyros, Canada, Hellas, Italy, Rome, Perugia, Palermo, Rhodes, Czech Republic, Bulgaria, Denmark, Portugal, Spain, Spain’s Seville

☆ Greek island fire: Yacht captain jailed ahead of arson trial over blaze in Hydra
▼ + stars: | 2024-06-27 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

Greek judicial authorities have jailed the captain and first officer of a yacht ahead of a trial on charges of arson over a forest fire on the island of Hydra believed to have been sparked by fireworks, legal sources said. The two men and the entire crew of the yacht have denied any wrondoing. Eleven other crew members were freed on bail and with restrictions. Flames engulf the Greek island of Hydra, on June 21. The 13 Greek crew members of the yacht, which was moored 350 meters (383 yards) from the shore when the fire erupted, were arrested on Sunday at a marina near Athens and charged with starting the blaze.

Persons: “, ” Organizations: Volunteer Fire, Hydra, Wednesday, Salaminia Yachting, Athens News Agency, Reuters Locations: Greece, Hydra, Athens, Piraeus

☆ A New Yorker took her first solo trip to Greece at 38. She loved the slower pace of life so much that she moved there.
▼ + stars: | 2024-06-24 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +7 min

She told Business Insider she worked 16 hours a day some days and often worked weekends. Rodriguez told BI they'd been working hard on a new project just before being let go. AdvertisementWith her new business, Rodriguez thought she needed to stay in New York to meet clients in person. She took a solo trip to GreeceRodriguez decided to attend a friend's birthday party in Greece in June 2021. She'd never visited the country before and decided to take a 10-day solo vacation to Greece around the party.

Persons: —, Marissa Rodriguez, Rodriguez, she'd, Chris Burch, Wonder, Sofia Vergara, Renata Black's, Greece Rodriguez, She'd, New York —, couldn't Organizations: Service, New York University, Business, C.Wonder Locations: Puerto Rico, Manhattan, New York, Greece, America, Athens, there's, New York City

☆ ‘We’re Still Paying’: How Pets Became a Big Business
▼ + stars: | 2024-06-23 | by ( Katie Thomas | ) www.nytimes.com time to read: +1 min

Heather Massey brought Ladybird to the veterinarian when the 9-year-old mutt began having seizures. With the prognosis grim, Ms. Massey decided against further treatment at the animal hospital near her home in Athens, Ga., and Ladybird died four months later. scan and related care had cost nearly $2,000, which Ms. Massey put on a specialty credit card she had learned about at a previous vet visit. Not really,” said Ms. Massey, 52, who is disabled and does not work. For decades, veterinarians typically operated their own clinics, shepherding generations of pets from birth to death.

Persons: Heather Massey, Ladybird, mutt, Massey, ”, “, Ms Locations: Athens, Ga

☆ Opinion | How to Deal With the National Trauma of Jan. 6
▼ + stars: | 2024-06-23 | by ( ) www.nytimes.com time to read: +1 min

To the Editor:Re “In Search of the Lost Altar of Oblivion,” by Linda Kinstler (Opinion guest essay, June 16), about how America is still processing the events of Jan. 6 and other traumas:Like Dr. Kinstler, I too have been unable to find any surviving trace of an “altar of oblivion” at the Acropolis in Athens. Perhaps the plain answer is that there never was one. After all, the ancient Athenians were far too smart to erect an architectural contradiction in terms — a memorial to the very act of forgetting. But forgetting is what oblivion is all about, and oblivion — not for themselves but for inconvenient truths — is what careerist politicians then and now have always craved, eager as they are to sweep embarrassing facts under history’s carpet. Remembering the Jan. 6 insurrection in all its ugliness, not forgetting it and naïvely moving on, is precisely what America needs if we are to preserve a democracy worth saving.

Persons: Linda Kinstler, Kinstler, —, Socrates, didn’t Locations: America, Athens

☆ Wombat walker: Australia needs help looking after its cutest residents
▼ + stars: | 2024-06-22 | by ( Lilit Marcus | ) edition.cnn.com time to read: +5 min

East Coast Natureworld in Tasmania, Australia, is hiring a “wombat walker” who will help keep these fuzzy marsupials in peak physical condition. Tasmania is also looking for a volunteer paranormal investigator to spend a day (or night …) checking out a spooky abandoned asylum. Now, travelers are looking at Norway and Sweden in the summer while checking out flights for Greece in the cooler fall and spring. New Zealand Prime Minister Christopher Luxon alights from a Royal New Zealand Air Force aircraft. But New Zealand Prime Minister Christopher Luxon isn’t just any ordinary traveler.

Persons: ”, Petros Giannakouris, Sarah Hamouda, Christopher Luxon alights, Andrew Kutan, grumbling, Christopher Luxon isn’t, Luxon, Michelle Wibowo, Simon Jacobs, Edamame Sheeran, Benedict Cucumberbatch, it’s Organizations: CNN, Zealand, Royal New Zealand Air Force, Getty, Air New Zealand –, Qatar Airways, Virgin Australia Locations: Dubai, East Coast, Tasmania, Australia, Athens, Greece, Italy, Hong Kong, Norway, Sweden, AFP, Japan, Air, Doha, South Korea, Matera

☆ He wore a toga and spoke Latin. This ancient philosopher can help you survive the anxiety of the 2024 election
▼ + stars: | 2024-06-22 | by ( John Blake | ) edition.cnn.com time to read: +12 min

They offered three pieces of Stoic advice for handling the anxiety of this year’s election. Many Stoic leaders would never be labeled as “idiotai.” They were passionately involved in politics and the pursuit of justice. Holiday says Aurelius wrote constantly about justice in his classic book, “Meditations.”Epictetus, the ancient Greek Stoic and philosopher. But the Stoic leaders were known for their courage in standing up to political tyrants. Stoic leaders may seem like distant figures encased in marble, but we can learn from them, Holiday says.

Persons: Biden, Trump, Epictetus, Marcus Aurelius, Ryan Holiday, ”, Zeno, Citium, “, Aurelius, grappled, Donald Trump, Angela Weiss, “ Aurelius, Massimo Pigliucci, Don’t, “ Julius Caesar ”, Stoicism, don’t, Dominik Bindl, Holiday, ” Holiday, Pigliucci, Reinhold Niebuhr, ” Pigliucci, you’ve, ” Epictetus, Priscus, Vespasian, It’s, Marcus, chastising, unkind, he’s, He’s, John Blake Organizations: CNN, Police, Trump, Getty, ” CNN Locations: Greece, Rome, togas, Athens, New York City, Stoicism

☆ Does off-season travel exist anymore?
▼ + stars: | 2024-06-20 | by ( Lilit Marcus | ) edition.cnn.com time to read: +8 min

Then, you can plot a graph to see which months are higher and lower than that total to determine when the peak season is. “In Thailand, low season typically spans from April to September with April and May being really hot,” says Ponti. “During this low season the tourist volumes each month constitute more than 7% of the annual total. Angelos Tzortzinis/dpa/picture alliance/Getty ImagesArguably the biggest single factor affecting what we know as “peak season” travel is weather. “For me, the challenge is about finding the joy in those low seasons, finding those nuggets of gold.”

Persons: ”, Olivier Ponti, Ponti, Angelos Tzortzinis, Ged Brown, Mikey Sadowski, there’s, we’re, Sadowski, David Silverman, it’s, ForwardKeys ’ Ponti, Ann Woodward, “, Woodward, –, I’ve, ’, Brown, haven’t, ” Brown Organizations: CNN, United Nations, European Travel Commission, Intrepid, Travelers Locations: Italy, Hong Kong, Amsterdam, Japan, Canary, Spain, Thailand, Hawaii, Maldives, “, ”, Athens, Greece, Europe, Denmark, Sweden, Nepal, Mexico, New York

☆ I spent every summer in Greece as a kid. Here are 7 places to visit that aren't Santorini, Mykonos, or Athens.
▼ + stars: | 2024-06-18 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +1 min

My parents are both Greek, and they took me back to Greece every summer to learn about my roots. Thessaloniki is a mainland city with incredible food, beautiful history, and plenty of nightlife. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAs a kid, I spent nearly every summer with my family in Greece. Friends now frequently ask me for advice on their Greece trips, but the only places they ever want to visit are Mykonos, Santorini, and Athens.

Persons: Rhodes, — Organizations: Service, Business Locations: Greece, Thessaloniki, Corfu, California, Athens

☆ American tourist found dead on small Greek island. Three other tourists are missing
▼ + stars: | 2024-06-16 | by ( Associated Press | ) edition.cnn.com time to read: +2 min

ATHENS, Greece AP —A missing American tourist has been found dead on a beach on a small Greek island west of Corfu, local media reported. He had been reported missing Thursday by his host, a Greek-American friend. Mathraki, which has a population of 100, is a 3.9-square-kilometer (1.2-square-mile) heavily wooded island, west of the better-known island of Corfu. On Friday, two French tourists were reported missing on Sikinos, a relatively secluded Cyclades island in the Aegean Sea, with less than 400 permanent residents. US media identified the missing tourist as retired Los Angeles County Deputy Sheriff Albert Calibet of Hermosa Beach, California.

Persons: Michael Mosley, Sheriff Albert Calibet, Tourism Popi Despotidi, Calibet, Amorgos “ Organizations: Greece AP, Los Angeles, Sheriff, Tourism, CNN Locations: ATHENS, Greece, Corfu, Mathraki, British, Symi, Amorgos, Los Angeles County, Hermosa Beach , California

☆ Greece is turning an abandoned airport into an $8 billion smart city. Take a look at Ellinikon.
▼ + stars: | 2024-06-16 | by ( George Glover | ) www.businessinsider.com time to read: +1 min

Greece is building what's billed as Europe's largest and greenest smart city close to Athens. Ellinikon's developers say they're trying to construct a "zip-code paradise." AdvertisementGreece is building Europe's largest and greenest smart city in an $8 billion project that's been more than a decade in the making. Its developers told Business Insider they're trying to construct a "zip-code paradise" that merges scenic coastline views with tech-savvy and eco-friendly infrastructure. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, Business Locations: Greece, Athens

☆ Passengers say they were stuck on grounded Qatar Airways plane for hours amid Greek heatwave
▼ + stars: | 2024-06-14 | by ( Catherine Nicholls | ) edition.cnn.com time to read: +4 min

CNN —Dozens of passengers who boarded a Qatar Airways plane in Athens, Greece on Monday expected to be on their way to their destination – Doha, Qatar – relatively quickly. Instead, they found themselves trapped inside a grounded plane for more than three hours, according to passenger Garth Collins, who posted about his experience on Instagram. In a video posted by Collins, passengers can be seen standing up from their seats and in the aisles of the plane, fanning themselves and fellow passengers with paper. Zeiher told 7News that she received “zero information” from Qatar Airways, so she decided to rebook her onward flight to Australia through Emirates. According to flight tracking website Flightradar24, flight QR204 was supposed to leave Athens International Airport at 1:55 p.m. local time.

Persons: Garth Collins, Collins, Michael Mosley, Jennie Zeiher, Joe, Zeiher, ‘, ” Zeiher, ”, 7News, QR204 Organizations: CNN, Qatar Airways, –, Athens International Airport, 7News, Doha’s Hamad International Airport, Athens International Locations: Athens, Greece, – Doha, Qatar, British, Symi, ATH, Doha, Melbourne, Australia, Emirates, DOH

☆ Opinion | When Churches Cancel Their Own
▼ + stars: | 2024-06-14 | by ( ) www.nytimes.com time to read: +1 min

To the Editor:Re “The Day My Old Church Canceled Me,” by David French (column, June 10):Mr. French’s discussion of the day his church canceled him is a stunning exposition of the extreme polarization in our society. What has happened to the right to think differently, to disagree and to engage in reasoned discourse? To the Editor:I enjoy reading David French’s thoughtful columns even though I, an atheist, don’t always agree with him. He has helped teach me to keep my heart open to those I might consider political opponents. So I was heartbroken to read his recent piece about the attacks and abandonment his family suffered at their former church.

Persons: David French, —, Thomas Jefferson, William Titelman, David French’s, don’t Locations: William Titelman Athens, Greece, U.S

☆ Greek archaeologists discover 4,000-year-old stone building on hill earmarked for new airport
▼ + stars: | 2024-06-14 | by ( The Associated Press | ) edition.cnn.com time to read: +3 min

AP —A big, round, 4,000-year-old stone building discovered on a Cretan hilltop is puzzling archaeologists and threatening to disrupt a major airport project on the Greek tourist island. Resembling a huge car wheel from above, the ruins of the labyrinthine, 1,800-square-meter (19,000-square-foot) building came to light during a recent dig by archaeologists. The building may have been used for religious or ritual purposes, the Greek Culture Ministry said. Greek Culture Ministry/APThe site was earmarked for a radar station to serve a new airport under construction near the town of Kastelli. Archaeologists don’t yet know what the hilltop structure was for.

Persons: it’s, Greece’s, It’s, Lina Mendoni, “ Organizations: AP, Ministry, Greek Culture Ministry, Athens International Locations: Kastelli, Heraklion, Knossos, Greece

☆ Extreme heat is already ruining summer travel — and it's only going to get worse
▼ + stars: | 2024-06-14 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +1 min

Tourists are in for another summer of sweltering heat and extreme weather. Greek authorities closed the Acropolis this week amid scorching mid-day temperatures. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. Record-breaking temperatures and extreme weather events around the globe in recent days portend the promise of another blistering summer, even as the post-pandemic surge in travel continues to climb. Greek authorities closed the Acropolis in Athens on Wednesday and Thursday during a sweltering mid-day heat wave.

Persons: — Organizations: Associated Press, Business Locations: Athens, Greece

☆ I traveled around Greece with 3 of my best friends. Here are 6 highlights from the trip and 5 things we'd do differently next time.
▼ + stars: | 2024-06-12 | by ( Jordana Comiter | ) www.businessinsider.com time to read: +1 min

I traveled to Greece with three of my best friends to see Athens , Santorini, Mykonos, and Naxos. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFollowing our college graduation last May, three of my best friends and I traveled to Greece for eight days. We flew to Athens and took a ferry between Mykonos, Santorini, and Naxos. Although there were many highlights, there are also things we'd do differently next time.

Persons: — Organizations: Service Locations: Greece, Athens, Santorini, Mykonos, Naxos

☆ Passengers took off their clothes and appeared to pass out when their flight was delayed in a 95-degree heat wave
▼ + stars: | 2024-06-12 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

A Qatar Airways Boeing 777 was delayed in Athens due to a technical issue in intense heat. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDozens of passengers were filmed struggling with the heat when their flight was stuck on the tarmac. Qatar Airways flight 204 was delayed in Athens on Monday, when temperatures reached 95 degrees. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Qatar Airways Boeing, Passengers, Service, Qatar Airways, Thai, Boeing, Business Locations: Athens, Thai

☆ A weaker dollar, skyrocketing prices and ‘record’ visitor numbers: Good luck in Europe this summer
▼ + stars: | 2024-06-08 | by ( Julia Buckley | ) edition.cnn.com time to read: +12 min

Hotel prices are exploding. As the owner of Destination Europe, she is sending “record numbers” of clients to the continent this year. There’s been such a huge demand for travel in the past three years, and lots of places are pushing up prices.”Is summer in Europe already a washout? Socrates Baltagiannis/picture alliance/Getty ImagesData from Hotel Monitor, American Express Global Business Travel’s annual analysis of worldwide hotel rates, backs his theory up. His prediction appears to be coming true: although the Amex GBT analysis predicted a 11% spike in Paris hotel rates this year, so far they have only risen 8%.

Persons: “ There’s, ”, Tom Jenkins, ” Kayla Zeigler, Graham Carter, “, There’s, you’re, it’s, Eric Gaillard, Reuters It’s, they’re, Eiffel, Hagia Sophia, Jenkins, Tim Hentschel, that’s, It’s, Milos, Hotelplanner's Tim Hentschel, Socrates Baltagiannis, Hentschel, haven’t, Conde Nast, Hayley Berg, Hopper, Berg, Jaime Reina, ‘, ’ ” They’re, Daniela Santanchè, ” Zeigler, Carter, –, Charles de Gaulle, ” They’re, Zeigler, ” –, – Berg, bookers, Henry Nicholls Organizations: CNN, European Tourism Organisation, Unforgettable, “, Reuters, Getty, Hotel Monitor, American Express Global, ”, AFP, Italy –, Games Locations: Europe, Bosnia, Bulgaria, Denmark, Iceland, Poland, Romania, Sweden, Switzerland, Czech, Hungarian, Ukrainian, Ukraine, Turkish, Hagia, Venice, Paris, Amsterdam, Dublin, Berlin, Stockholm, Barcelona, London, Murcia, Marbella, Windsor, Paddington, Rome, Athens, Venice’s, Mallorcan, Italy, Amalfi, Positano, Amalfi Coast, Puglia, Sicily, Slovenia, Croatia, Ireland, Portugal, France, airfare, London's, AFP

☆ World likely to blast beyond grim warming milestone in the next five years, UN weather agency says
▼ + stars: | 2024-06-05 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +3 min

That's a stark change from 2015, when the WMO considered the prospect of temporarily overshooting 1.5 degrees Celsius close to zero. The 1.5 degrees Celsius limit is the aspirational target of the landmark Paris Agreement, an international treaty on climate change that was adopted in 2015. Scientists say that exceeding this temperature threshold over the long term will lead to increasingly frequent and catastrophic extreme weather events. António Guterres United Nations Secretary-GeneralEven at current levels of global warming, there are already devastating climate change impacts. Guterres said that the battle to limit long-term temperatures to 1.5 degrees Celsius will be won or lost in the 2020s under the watch of today's world leaders.

Persons: Javier Torres, António Guterres, Guterres, Antonio Guterres, Charly Triballeau, Angelos Tzortzinis Organizations: Afp, Getty, United Nations, World Meteorological Organization, WMO, UN, American Museum of Locations: Quilpue comune, Valparaiso region, Chile, Paris, Russian, New York, Italy, Athens

☆ Opinion | A Tiny Museum Takes the High Road and Shows the Way Forward
▼ + stars: | 2024-05-27 | by ( Margaret Renkl | ) www.nytimes.com time to read: +1 min

It winks at the absurdity of finding an exact, full-size replica of an ancient Athenian temple in a Nashville city park while simultaneously acknowledging the breathtaking grandeur of the building. By the mid-19th century, Nashville had come to be known as the Athens of the South, a reference to the city’s uncommonly high number of colleges and universities. Our Parthenon was built in 1897 as a temporary exhibition space in connection with Tennessee’s centennial celebration. It is now a museum and still stands in Centennial Park, surrounded by 132 acres of gardens and other public spaces. Like the original Parthenon, Nashville’s Parthenon tells the world something about how the city sees itself, how it hopes to be understood, the truths it values most.

Organizations: Nashville Locations: Nashville, Athens, Centennial

☆ Dubai Old Town: Dubai’s ‘soul’ is about more than historic buildings
▼ + stars: | 2024-05-27 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +11 min

So in 2016, Badran set up her own tour company, Wander with Nada, to “show a different side of Dubai” to travelers. Her bespoke private tours are designed to suit the interests of each visitor, but her favorite itinerary is Dubai’s “old town,” a group of small neighborhoods around Dubai Creek where the city began and Badran spent her childhood. Badran leads me through the narrow alleys around the Dubai Old Souk, home to stores run by Indian-origin families. Stores in Old Dubai Souk. “Dubai is about opening your mind,” Badran says, “and embracing this diversity that makes it unique.”

Persons: Nada Badran, Badran, “, ”, Nada, Rebecca Cairns, Al Maktoum, Sheikh Mohammed bin Rashid Al Maktoum, Al Talli, There’s, —, it’s, ” Badran, Al Shindagha, Al, Djamel Boussaa, ” Boussaa, hasn’t, Rashid Haghaght, Al Karama, ” “ Organizations: CNN, “, United Arab Emirates, Dubai, Heritage, UNESCO, Al Shindagha, Trading Locations: Florence, Dubai, The, Arabian, “ Dubai, ”, Rome, Athens, Edinburgh, UAE, Oman, today’s Iraq, Bani Yas, Al Shindagha, Suadna, South, West Asia, Al, Saudi Arabia, Al Fahidi, Jordan, Deira, Isfahan, Old Dubai, Abu Dhabi, Sharjah, Al Rigga, Souk, Old Dubai Souk, Jebel Ali, Iran, India, China

☆ I've written guidebooks about Greece for 15 years. Here are the hidden-gem locations you've been missing.
▼ + stars: | 2024-05-20 | by ( Rebecca Hall | ) www.businessinsider.com time to read: +1 min

As a guidebook writer, I've had the opportunity to explore Greece's hidden-gem locations. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWhen travelers think about Greece, they probably think of hot spots like Athens, Santorini, and Mykonos. Fortunately, I've spent 15 years writing guidebooks about Greece so I know a lot of great hidden gems. This story is available exclusively to Business Insider subscribers.

Persons: I've, Rhodes, Symi, — Organizations: Service, Business Locations: Peloponnese, Greece, Athens, Santorini

☆ Harbor Lab, a Greek startup trying to help ships manage port costs, just raised $16 million using this 10-slide pitch deck
▼ + stars: | 2024-05-15 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +1 min

Harbor Lab, which aims to help the shipping industry streamline port costs, has raised funding. Founded in 2020 in Athens, the startup has brought in a $16 million Series A led by Atomico. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementHarbor Lab, a startup that aims to help the shipping industry reduce costs related to entering port, has raised $16 million in Series A funding.

Persons: Atomico, — Organizations: Service, Harbor Lab, Business Locations: Athens

☆ Microsoft and Amazon to invest $5.6 billion into France as Macron courts tech giants
▼ + stars: | 2024-05-13 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

Microsoft said in a statement Monday that it's committing 4 billion euros ($4.3 billion) toward expanding its cloud and AI infrastructure in France, in addition to funding AI skilling and support for France's technology industry. The announcement was made during the "Choose France" summit, a gathering dedicated to encouraging foreign investment in France. Amazon, meanwhile, made a commitment of its own to invest 1.2 billion euros in France. Collectively, the commitments from Microsoft and Amazon to France amount to $5.6 billion of funding. In total, France reportedly bagged a record 15 billion euros of investment commitments from foreign companies at an annual "Choose France" summit on Monday.

Persons: it's, ”, Brad Smith, “, —, Frederic Duval, Duval, Emmanuel Macron, Macron, Redmond Organizations: Microsoft, Amazon, Facebook, FAIR, Mistral Locations: Athens, Greece, France, French, Mulhouse, Amazon's, Paris, Washington, Mistral

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