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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SBM reports “remarkable” rise in revenues
Outgoing SBM president Jean-Luc Biamonti has delivered very strong first-half results for the Société des Bains de Mer, confirming that he will be leaving the company in the best financial position...
Energy crisis: Monaco to finance resident support package
Monaco’s government is enacting two new financial assistance schemes to help people lower their energy costs, offering help to pay for more energy-efficient appliances in people’s homes as well...
Helicopter crash: local victim named as Vyacheslav Taran
While authorities are yet to formally release the identities of the two victims in Friday’s shocking helicopter crash near Eze, the passenger has been named locally as Monaco resident Vyacheslav...
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.
