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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Telework to remain an option until end of year
The government has decided to extend remote work until 31st December, giving employees and civil servants from Monaco, France or Italy the option to work from home if their job allows for it.
A snapshot of Monaco’s retail trade industry in 2021
Online retail sales stores accounted for almost 11% of all retail businesses in Monaco in 2021, while clothing still reigns supreme. Here are some of the other standout figures in the latest Retail...
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.
