UBS reported a net profit of $1.23 billion for the second quarter of 2020, down 11% from the same period last year ($1.4 billion) but still higher than the $973 million analysts expected. The investment bank, which is home to half the world's…
Rafael Nadal, currently ranked the number two men’s player in the world, will give up his spot to defend his 2019 U.S. Open win this year because of the coronavirus pandemic, saying “it looks like we still don’t have control”…
Emergency workers and residents in Beirut, Lebanon’s capital city, are searching for survivors after Tuesday’s massive explosion that killed at least 100 and wounded thousands more, amid the city’s struggles with coronavirus,…
UPDATE August 6: The Alpes-Maritimes prefect has issued a decree making it mandatory to wear a mask in eight municipalities in the department, including Nice and Vence. Anyone over the age of 11 in breach will face a fine of €135. Biot:…
From July 28 to 30, Monaco hosted the 11th Global Family Office Investment Summit, which was attended by over 600 private investment offices and the richest people in the world with wealth over $4.5 trillion. The Ritossa’s Family Office…
Historically, airlines have had a mixed relationship with sustainability, given their reliance on fuel and the high cost of fleet upgrades. But heading into 2020, before the pandemic unfolded, the industry was beginning to change direction,…
The good news is that the Monaco government hopes to have a coronavirus vaccine for residents and Monegasques…
read moreUber, the mobile ride-hailing giant responsible globally for over 1.9 billion “trips” a…
read moreElon Musk's meteoric rise up the Forbes Billionaire List has continued this month, as he’s ascended past luminaries such as Warren Buffett and Steve Ballmer. As of Monday afternoon, Musk's net worth surpassed $74…
Here are five big numbers that show Amazon AMZN -3.7%’s explosive growth during the pandemic which has hurt much of the retail world. $570 billion That’s how much Amazon’s market capitalization has gained so far…
Uber, the mobile ride-hailing giant responsible globally for over 1.9 billion “trips” a year is facing a summer showdown in two London courts as scrutiny mounts over licensing issues and the drivers’ classification as “workers.”…
The answer is maybe, yes; The U.K. has invested about $600,000 to determine whether drug-sniffing dogs can be trained to smell COVID-19 while a small California-based company has partnered with airplane manufacturer Airbus to bring…
Rafael Nadal, currently ranked the number two men’s player in the world, will give up his spot to defend his 2019 U.S. Open win this year because of the coronavirus pandemic, saying “it looks like we still don’t have control”…
Not even halfway through his first Formula One season, Charles Leclerc is admittedly determined to shake up the Ferrari hierarchy. With home court advantage next race, will Monaco’s whiz kid do as he’s told or prove he’s got…
The annual Monte-Carlo Women of the Year Award, founded in 2012 by Cinzia Sgambati-Colman, is a cultural…
read moreEmergency workers and residents in Beirut, Lebanon’s capital city, are searching for survivors after Tuesday’s massive explosion that killed at least 100 and wounded thousands more, amid the city’s struggles with coronavirus,…
The good news is that the Monaco government hopes to have a coronavirus vaccine for residents and Monegasques for the first quarter of 2021. The bad news is that Jimmyz, and all other nightclubs in the Principality, aren’t likely to reopen…
Recent statistics show that about half of new companies go bust within the first 12 months of operating and 95% of businesses claim bankruptcy within the first five years. For startups, only 1% get it right. Even with a promising idea, adequate…
