Business & Finance
French prosecutors seize nearly €1 million in luxury goods and cash in Beaulieu-sur-Mer fraud probe
A luxury lifestyle built on welfare fraud? French authorities seize cash, designer goods and Rolexes in a sweeping sting targeting a Beaulieu-sur-Mer family, allegedly living far beyond their declared means.
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Wine production to bounce back despite 2021 winter frost
While wine production in France is expected to rebound this year in spite of the winter frost of 2021, there are fears that the current drought will limit output for this year.
French PM says companies may need to ration energy this winter
France’s Prime Minister Elisabeth Borne has asked that companies now start to take steps toward reducing energy consumption to avoid facing rationing this winter.
Fuel price discounts increased and extended
The French government has announced a €0.30 per litre discount on petrol, up from the current €0.18, starting in September to give consumers a bit of relief at the pumps.
“Mission accomplished” as tourists return to French Riviera
The French Riviera has had a fantastic summer, according to the Tourism Committee, with occupancy rates as high as 90% and a jump in visitors and economic benefits.
Jim Ratcliffe signs €7 billion deal with China
Monaco resident Jim Ratcliffe is expanding his INEOS empire into China, signing three deals with state-backed China Petroleum and Chemical Corporation, which are expected to make a turnover of €10...
Artcurial Monaco welcomes Olga de Marzio as new Director
Olga de Marzio has been announced as the new director of high-end auction house Artcurial, where she will take over the branch’s growth strategy and management.