Whirlpool Corporation

Demand for housing and commercial property at the Elliniko project in southern Athens has exceeded initial expectations, Odisseas Athanasiou, the chief executive officer of Lamda Development, told analysts during the presentation of the company's results on Thursday.

He added that revenue from this activity will be more than 500 million euros in 2023.

Half a million Hotpoint and Indesit washing machines will be decommissioned because of the potential risk of fire, the  manufacturer Whirlpool reported.

About 519,000 of the machines sold in the UK between October 2014 and February 2018 could be affected by damage to the door lock system, which could lead to overheating and ignition, Sky News reported.

About 30% of new homes are purchased with credit. This is according to data from the The National Association of Building Contractors. According to Desislava Petrova from one of the companies, members of the association, 70% of the transactions in the segment are two-room, most of them being acquired for investment.

I was born in the Aegean port city of İzmir and lived there until I was 17. But, for the next 17 years, I lived in Istanbul. Naturally, I was evolved from an İzmirian living in Istanbul to an Istanbulite who was born and raised in İzmir. Thus, I am able to see my hometown with an outsider's eye. 

Arçelik, Turkey's leading home appliance technologies manufacturer, has finalized the acquisition of Dawlance Pakistan for $243.2 million, it announced in a written statement on Nov. 1. 

General Electric announced Dec. 7 that it has decided to cancel the agreement to sell its appliance division to the Swedish group Electrolux which had offered last year to buy it for $3.3 billion (3 billion euros).