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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Germany receives 9% of its €25 billion in EU funding
Germany has received its first share of Europe’s RRF recovery fund, €2.25 billion, which will be used to implement the country's recovery and resilience plan.
France mandates health passes for certain workers
As of Monday 30th August, French workers in close contact with the public must now carry health passes as the government continues its controversial vaccination strategy.
Cyclist Chris Froome joins Board of Factor Bikes
Monaco-based professional cyclist Chris Froome has joined with Point King Capital and Skip Capital to invest in Factor Bikes, and has signed on to the company’s Board of Directors.
SBM donates fountain coins to Fight AIDS Monaco
The Société des Bains de Mer has handed over 115kg of coins collected in four fountains at the Carré d'Or to Fight Aids Monaco, equalling about €3,500 for the Princess Stephanie-led charity.
European Commission hands €289 million to Lithuania
The European Commission has given €289 million to Lithuania in pre-financing to kick-start investment and reform measures in the country as part of a major EU pandemic recovery plan.
Spain receives its share of EU RRF funding
Spain is among the first countries to receive its share of a €723.8 billion pandemic recovery fund, taking control of €9 billion in pre-financing.
