Business & Finance
The great wealth transfer begins: billionaire heirs inherit nearly $300 billion in one year
Global billionaire wealth just hit a record high. UBS’s 11th Billionaire Ambitions Report reveals how heirs, innovation, and a massive wealth transfer are reshaping power and fortune in ways we’ve never seen before.
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Testimonio II given permission to extend
Monaco’s National Council has announced that 30 additional apartments will be built at the Testimonio II site after its developers were given government permission to raise one of the towers by...
Monaco commended for its transparency efforts
In a report published by the OECD during its recent convening in Seville, Monaco has been given full marks for its compliance with OECD standards and ongoing efforts to enhance its automatic exchange...
EU recession likely, but milder than previously feared
Despite a clear downturn in recent Eurozone business activity, the pace eased in November, suggesting that the recession anticipated by economists may be milder than previously feared.
Reopening of the Consulate of Monaco in Greece
The Consulate of Monaco in Greece has reopened, at a new address, following the appointment of Dr. Vassilis G. Apostolopoulos as Honorary Consul of Monaco.
Valuation Days at Sotheby’s Monaco Gallery
Luxury auction house Sotheby’s Monaco is about to host its first valuation days in the new gallery on Avenue de la Costa, with experts from Paris providing estimations on jewellery, watches and...
French government to slash unemployment benefits
The French government has announced that the length of time jobseekers can claim unemployment benefits will be cut by 25% starting next year in an effort to fill job vacancies and get more of the...