Business & Finance
MYS owner Informa Prestige acquires Art Monte-Carlo
The acquisition builds on Informa’s existing presence in Monaco, where it already owns and operates the Monaco Yacht Show, Top Marques Monaco, and luxury media brand BOAT International.
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Outdoor heater ban
France plans to ban heaters used by restaurants and cafes on outdoor terraces from early next year, as it accelerates a shift to a low-carbon economy.
Government in talks with Monacair
Struggling Monegasque company Monacair has met with the government to discuss future plans.
Iqoniq secures €100m in new funding
Monaco-based startup Iqoniq has entered into a €100 million funding agreement to develop and expand its new sports fan engagement platform.
Talks to “limit social damage” at SBM Offshore
A restructuring plan by Single Buoy Moorings Offshore (SBM Offshore) in June has raised fears amongst employees that jobs will be cut. Talks are now underway between staff representatives and...
Stimulus measures to jumpstart construction sector
In an effort to support the construction sector, the Prince’s government has adopted stimulus measures to partially compensate for the delays caused by the closure of sites.
Borrowing jumps by 44% in 2nd quarter
Global buyers have borrowed €3.4bn to fund their luxury property purchases so far this year, according to new research from Enness Global.
