Business & Finance
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NEWS: A 39-year-old Nice man was discovered by the judicial police Cybercrime Unit for selling “items recovered on the Prom” on LeBonCoin.fr.
The police immediately arrested the man Monday night and placed him in custody, which was extended Tuesday, as the criminal brigade continued their investigation.
During a search of the suspect’s home, investigators found a group of objects of questionable origin: a bracelet,a ring, glasses, flags…
“Collection items,” said the man, who denies having taken advantage of the chaos Thursday night to partake in what amounts to looting and even a “violation of graves”.
The individual will likely face the Nice prosecutor today.
Monaco-based Anastasios (Tassos) Economou has been elected chairman of the Board of Directors of YPO, a global leadership community for chief executives. It was announced earlier this week that Economou will be the 69th member to hold this office and will succeed current YPO Chairman Elizabeth Zucker. He will begin his term on 1st July 2020. A member […]
Chinese Academy of Sciences Holdings Co., Ltd. and Innovator Capital Limited have signed a Cooperation Agreement, marking the next step in the process of setting up their joint venture. The JV, with Innovator Capital’s Sustainable Finance & Investment Corporation, will comprise a green technologies innovation fund and a transfer platform. The fund, which was first […]
Monaco will benefit from a ‘Real Estate Tech Innovation Program’ that is being developed in partnership with the ESCP Europe Business School in Paris. Prince Albert discussed the research program during a visit to the school last week, where he was also given an Honorary Doctorate Award for his environmental commitments. On Tuesday 24th November, […]
HSH Prince Albert II of Monaco has met with French President Emmanuel Macron at the Elysée Palace, discussing everything from the Paris Agreement to the rights of French citizens working in Monaco. A statement released by the Palace reads: “Our common destiny, forged throughout our history, is enriched by the constant cooperation between the two […]
Ireland should act to recover up to €13 billion from Apple in back taxes, the European Commission has ruled. After a three-year long investigation, it has concluded that the US firm’s tax benefits are illegal.
The commission concluded that Apple received “illegal state aid” from Ireland — essentially a sweetheart deal that allowed the computer maker to unfairly reduce its tax bill in a way not available to other companies, according to the report.
The Commission said this enabled it to pay substantially less tax than other businesses, in effect paying a corporate tax rate of 1%. Both Apple and the Irish government are likely to appeal against the Commission’s ruling.