Business & Finance
Monaco’s GDP doubles in a decade: which industries are fuelling the Principality’s growth?
Monaco’s economy has almost doubled in size over the past decade, with GDP soaring from €4.94 billion in 2013 to €9.24 billion in 2023, according to the latest IMSEE data. This rapid growth, in stark contrast to slower recoveries across Europe, positions the Principality as an economic powerhouse driven by high-value industries.
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Venturi unveils latest Formula E model
Venturi has unveiled its new model to compete in the third season of the FIA Formula E, which starts on October 9 in Hong Kong. The innovative electric racing car team, led by Monaco’s Gildo...
Monaco residents rank number one
Major economies continue to dominate the global ranking of the richest countries, with one nation’s private fortunes jumping by $200 billion (€177 billion) in six months alone, according to a new...
Rowing for the Rocher
At the end of a long journey on Sunday afternoon, nine rowers made it to Monaco from the Italian capital of Rome having covered a total of 476 kilometres at sea and five days of travel. Each...
Unemployment in France finally falls below 10%
The number of unemployed fell by 74,000 in France, down 0.3 points compared to the first quarter to 9.9%, according to the Insee statistical institute. The unemployment rate finally fell below the...
Julius Baer bolsters Latin American business
Julius Baer Group, Switzerland’s third-largest wealth manager, has hired several private bankers from HSBC Holdings to bolster its Latin American business, according to three reliable sources. The...
FIFA President dies at age 100
Former FIFA president Joao Havelange has died at the age of 100, the BBC has reported. The Brazilian was predecessor to Sepp Blatter at world football’s governing body, serving from 1974 to...
