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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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...
Fire on Rock quickly contained
A fire broke out at about 6:30 pm on Sunday causing the evacuation of the restaurant Saint-Nicolas on the rue de l’Eglise, behind the courthouse and cathedral on the Rock. The fire had started...
Teen linked to terrorism arrested near Paris
A 16-year-old girl who was ready to commit a terror attack in France has been arrested and detained in Seine-et-Marne, on the outskirts of Paris. The minor, who cannot be named, is under...
Could Europe be going Cold Turkey?
European leaders were watching closely on Tuesday as the Presidents of Russia and Turkey met in Saint Petersburg in a move to patch up their differences. Turkey is crucial to Europe since its...
