Business & Finance
Monaco’s SBM reports strong half-year earnings, boosted by hospitality and real estate
Monaco’s state-linked hospitality and gaming group, Société des Bains de Mer (SBM), has posted robust earnings for the first half of its 2025/2026 financial year, with revenue climbing 10% year-on-year to €542.5 million.
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Monaco’s most powerful company charts a bold future: Inside SBM’s plans
SBM CEO Stéphane Valeri has shared updates on SBM’s bold 2025 vision: luxury revamps, iconic hotel upgrades, global ventures, and dazzling new dining spots, all driving Monaco’s future as a...
France calls on EU to use “greatest firmness” against election interference by Elon Musk
France’s Foreign Minister, Jean-Noël Barrot, has urged the European Commission to act decisively against Elon Musk's alleged election interference, sparking a heated debate over the influence of...
Stéphane Tendero positioned as new director of Café de Paris
SBM has announced Stéphane Tendero as the new director of the iconic Café de Paris. He succeeds Eric Gorjux, who oversaw the brasserie’s operations following its grand reopening in 2022.
Monte-Carlo SBM to hold recruitment day for luxury seasonal roles
Monte-Carlo Société des Bains de Mer (SBM) is inviting job seekers to a recruitment day on 22nd January at One Monte-Carlo.
Mutuelle insurance costs to rise by 6% in 2025
Mutuelle insurance rates are set to rise by 6% in 2025, a hike driven by escalating healthcare costs, an aging population, more expensive medical treatments and reduced Social Security reimbursements.
Monaco hosts pivotal conference on corporate law reform
Monaco has brought together 200 legal and business professionals at One Monte-Carlo for a conference focused on corporate law. Organised by the Institut Monégasque de Formation aux Professions...