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Solar Impulse co-founder in new venture

Solar Impulse co-founder Andre Borschberg has started a new venture to develop electric propulsion systems for air transport. According to a report in trade paper Aviation Week, the pioneering pilot...

Rybolovlev loses latest round in art case

AS Monaco majority owner Dmitry Rybolovlev has suffered a new setback in his ongoing court battles with art dealer Yves Bouvier. Singapore’s highest court ruled on April 18 to stay an ongoing court...

Monaco’s state budget surplus grows as revenues boom

There has been a continuation of growth in the Principality’s budget surplus, thanks to a marked increase in revenues and lower growth in expenditures, including ordinary expenses, Jean Castellini,...

Symposium studies potential of Blue Carbon 

An international multidisciplinary symposium on the role of the oceans in CO2 mitigation has been held as part of Monaco Ocean Week, with the support of the Prince Albert II Foundation and Solas...

Scorpio tanker

Scorpio Bulkers sells two bulk carriers

Scorpio Bulkers Inc, which has its principal executive office in Monaco, announced on Tuesday, April 18, that it has entered into agreements with unaffiliated third parties to sell the SBI Charleston...

Fillon gains ground, despite scandals

According to the latest poll by Kantar Sofres OnePoint for LCI, RTL and Le Figaro, the candidate of the centre-right, François Fillon is in third place at 18.5 percent, behind Emmanuel Macron (24...