Business & Finance
SBM posts record revenues of €861.6 million as American clientele drives Formula 1 boom
SBM reported record revenues of €861.6 million for 2025/2026, up 12%, with net profit of €112.9 million. North American visitors are now the group’s leading clientele, with Formula 1 a key driver of growth.
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€1.5 billion generated by frozen Russian assets pledged to Ukraine
“The EU stands with Ukraine," said Ursula von der Leyen, the European Commission President. "There is no better symbol or use for the Kremlin’s money than to make Ukraine and all of Europe a...
Lionel Beffre officially assumes role as Monaco’s new Minister of the Interior
In a significant reshuffle within Monaco's government, Lionel Beffre has officially taken over the role of Minister of the Interior. He replaces Patrice Cellario, who retires after an impressive...
Dozens of Monaco companies sanctioned following crackdown on corruption
Over the past two and a half years, Monaco has intensified its anti-corruption measures, resulting in sanctions against 38 companies for violations related to money laundering, terrorist financing...
Flat-tax and lifestyle: how Italy is seducing the world’s UHNWIs
Italy is having a renaissance, and it is the world’s wealthiest that it hopes to bring into the fold.
Banque Havilland Monaco pursues sale to private bank amid ECB regulatory action
The Monaco branch of Banque Havilland has entered into acquisition negotiations with an unnamed private bank in the Principality, amid reports the European Central Bank is set to revoke the operating...
Tax refund and payment timeline in France: key dates to know
Here is some helpful information on when to expect tax refunds to arrive as well as when additional tax payments are due on 2023 income statements in France.
