Business & Finance

Latest news

Monaco to host VROOM startup

VROOM has announced its spring 2017 Caravan Challenge, which will take place in eight cities in eight countries, culminating with finalists presenting their innovative and disruptive ideas in...

Fugitive banker still sought by Russia

Russia’s General Prosecutor’s Office has sent a request to the authorities in the UK for the extradition of Georgy Bedzhamov, who faces charges of embezzlement in Russia. Last year Bedzhamov was...

Edmond de Rothschild Monaco acquires Snap-On stake

Edmond de Rothschild Monaco acquired a stake in Snap-On Inc during the third quarter of 2016, according to a Form 13F filing with the Securities and Exchange Commission in the US. Snap-On Inc is...

Good news comes late for Francois Hollande

The French jobs market has reported its second consecutive year of employment growth, with 200,000 new jobs created in the commercial sector during 2016. The government said that the latest figures...

Another great year for Monaco’s economy

It would be difficult to exaggerate the success of 2016 for the Monegasque economy, a record year for the Principality. Jean Castellini, Minister of Finance and Economy, told the Eco-Club of...

Scorpio tanker

Monaco marine transporter reports better year

Monaco-based Scorpio Bulkers has announced its financial results for 2016, showing a much-reduced loss compared to the previous year. For the year ended December 31, 2016, the shipping...