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Coronavirus ‘Under Control' In France But Nice Airport T1 Won't Reopen Until March 2021

Jun 05, 2020, 08:42pm
By Nancy Heslin Editor

François Delfraissy of France’s scientific committee announced this morning that the Covid-19 pandemic in the country is now “under control.” This follows an appeal from the European Commission asking EU member states…

Friday’s Market Rally Added Nearly $20 Billion To The Fortunes Of These 10 Billionaires

Jun 05, 2020, 07:51pm
By Jonathan Ponciano Forbes U.S. Staff

Wall Street rallied on Friday after a better-than-expected jobs report revealed that the United States added 2.5 million jobs in May–the largest such increase on record. The S&P 500 and Dow Jones Industrial Index ended the day up…

How To Order Safely Off Menu In Monaco

Jun 05, 2020, 06:46pm
By Nancy Heslin Editor

Apart from the occasional mask wearer, you’d never know from a glance of Place du Casino or the Port that restaurant terraces had just reopened on June 2 after two and a half months of coronavirus lockdown. “People are definitely…

LVMH Says It’s Not Seeking To Buy Tiffany & Co Shares On The Market As Doubts Are Cast On The Deal

Jun 04, 2020, 11:18pm
By Isabel Togoh Staff

French luxury conglomerate LVMH said it will not buy up shares of Tiffany & Co on the market in a bid to get a lower price for the American jeweler, as the company is seeking to renegotiate its $16.2 billion deal for the retailer hard hit…

Blue Coast Brewery Gets Crafty Post Lockdown

Jun 03, 2020, 04:45pm
By Nancy Heslin Editor

The idea to open a high-quality artisanal brewery in Monaco came to Natasha Frost-Savio and her husband Roberto Savio during a trip to the U.S. a few years back. The couple discovered the American craft beer market, which according to the Brewers…

World Economic Forum Will Virtually Open Davos To All In 2021

Jun 03, 2020, 02:16pm
By Carlie Porterfield Forbes U.S. Staff

The World Economic Forum meetings—more commonly known as “Davos," for the ski resort town in Switzerland where it’s held—are known for being an elite gathering of the world’s most powerful, but next year’s…

Monaco Most Expensive Property Per Square Meter

Monaco Remains World's Most Expensive Property, Says Savills

By Nancy Heslin Editor

In its annual Monaco property report, Savills announced today that Monaco remains the most expensive…

Coronavirus Serological Testing Monaco Finger Prick

43% Monaco Residents Tested For Coronavirus, Work Force Screenings From Tuesday

By Nancy Heslin Editor

The government launched its Covid-19 serological screening campaign two weeks ago, allowing 90,000 people…

#BlackOutTuesday Brings Music Industry To A Pause, But Some Artists Warn Against Obscuring Black Lives Matter Posts

By Isabel Togoh Staff

Black tiles flooded social media on Tuesday alongside the hashtags #blackouttuesday and #theshowmustbepaused…

Reach For The Stars’n’Bars: Monaco’s Favorite Family Restaurant Reopens Tomorrow

By Nancy Heslin Editor

UPDATE: As part of World Environment Day tomorrow, residents looking to dispose of small appliances…

1 The Influence of Affluence: Why Monaco Is Key For Luxury Goods

2 Nok-On Effect

3 How will COVID-19 impact the future of air travel?

4 Into The Wild

5 On The Rock: Monaco Gin Sells Out In First Run

6 Free Covid-19 Testing In Monaco For Residents And Employees

7 Monaco Filmmaker Announces Distribution Deal At Berlinale

8 A Classic Beauty

9 As Lockdown Ends, Monaco Heads To The Balcony One Last Time

10 Two Suspected Coronavirus Case Hit Monaco

Billionaires

Friday’s Market Rally Added Nearly $20 Billion To The Fortunes Of These 10 Billionaires

By Jonathan Ponciano Forbes U.S. Staff

Richard Branson, Lost In Space: Billionaire To Sell Virgin Galactic Shares As Cost Of Coronavirus Mounts

By David Dawkins Forbes U.S. Staff

Billionaire Sir Richard Branson is set to sell as much as $400 million of his shares …

U.K.’s Royal Mail Available ‘On The Cheap’ As Czech Billionaire Takes A Chunk Of 500-Year-Old Company

By David Dawkins Forbes U.S. Staff

Billionaire Daniel Křetínský of the Czech Republic has purchased a 5.3% stake…

Billionaire Tracker: Actions The World’s Wealthiest Are Taking In Response To The Coronavirus Pandemic

By Hayley C. Cuccinello Forbes U.S. Staff

As the coronavirus pandemic has reached nearly every corner of the world, some of the planet’s…

Forever Young

By Susan Adams Forbes U.S. Staff

By weaving together tradition and trendiness, LVMH's Bernard Arnault has created the world's…

All You Can Eat

By Noah Kirsch Forbes U.S. Staff

The Commodore

By Nancy Heslin Editor

An Iron Fist in a Velvet Glove

By Laurence Genevet Contributor

Money

LVMH Says It’s Not Seeking To Buy Tiffany & Co Shares On The Market As Doubts Are Cast On The Deal

By Isabel Togoh Staff

Roger Federer Tops World’s Highest-Paid Athletes: Tennis Ace Scores First No. 1 Payday With $106 Million

By Kurt Badenhausen Forbes U.S. Staff

Money

Stocks Turn Positive After Trump Keeps Phase One China Trade Deal Intact

By Sergei Klebnikov Forbes U.S. Staff

The market fell sharply for most of Friday as investors braced for President Trump’s announcement regarding China, but despite new sanctions and penalties, stocks turned positive after the phase one trade deal was kept intact. KEY FACTS…

Seven Numbers That Sum Up China’s Economy Right Now

By Sarah Hansen Forbes U.S. Staff

China’s powerhouse economy was the first to feel the squeeze as the coronavirus pandemic took…

Credit Suisse Thinks These Cruise Stocks Will Jump Over 50%

By Sergei Klebnikov Forbes U.S. Staff

The cruise industry has been rocked by the coronavirus shutdowns, but Credit Suisse is making a bold…

‘Today’s Top Wealth Manager Requires More,’ Says CEO UBS Monaco

By Nancy Heslin Editor

Following UBS’s 1Q20 announcement of $1.6 billion net profit, Agnès Falco, CEO UBS Monaco,…

Stocks Fall As Investors Anticipate Rocky Reopening, Possible Coronavirus Second Wave

By Sarah Hansen Forbes U.S. Staff

Stocks opened lower on Monday morning as investors braced for the possibility of a second wave of coronavirus…

Business

World Economic Forum Will Virtually Open Davos To All In 2021

By Carlie Porterfield Forbes U.S. Staff

Car Rental Company Hertz Files For Bankruptcy

By Rachel Sandler Forbes U.S. Staff

Hertz, one of the largest car rental companies in the U.S., filed for bankruptcy Friday after the coronavirus…

Half Of Facebook’s Employees May Permanently Work From Home By 2030, Zuckerberg Says

By Rachel Sandler Forbes U.S. Staff

CEO Mark Zuckerberg anticipates that half of Facebook’s workforce will permanently work from home…

Chinese Companies Must Play By American Rules Or Be Banned From U.S. Exchanges, Senate Rules

By Sergei Klebnikov Forbes U.S. Staff

The Senate, by unanimous consent on Wednesday, passed legislation that would ban many Chinese companies…

Pandemic Will Spur Hotel Industry Consolidation, Real Estate Conversions

By Russell Flannery Forbes U.S. Staff

Airlines have gotten a lot attention when it comes to the stunning economic fallout from the coronavirus…

Your Next Uber Ride Could Be Very Different With A Masked Driver, Open Windows, And Plastic Screens

By Isabel Togoh Staff

World’s Largest Transportation Companies 2020: Coronavirus Devastates Major Airlines

By Hank Tucker Forbes U.S. Staff

Post-Pandemic Marketing For Luxury Brands

By Rumble Romagnoli Contributor

Innovation

Stormy Weather Delays Historic SpaceX Launch

By Rachel Sandler Forbes U.S. Staff

Can Covid-19 Be Smelled?

By Alexandra Sternlicht Forbes U.S. Staff

Innovation

Moderna Reveals ‘Positive’ Data In Coronavirus Vaccine Trial, Markets Spike

By Lisette Voytko Forbes U.S. Staff

Boston biopharmaceutical Moderna announced Monday that “positive” data was collected from an early-stage human trial of a coronavirus vaccine, with all 45 participants producing COVID-19 antibodies⁠—and…

Vaccine Company Novavax Gets $388 Million Grant For Coronavirus Vaccine

By Leah Rosenbaum Forbes U.S. Staff

Public vaccine company Novavax announced today that it will receive up to $388 million from the Coalition…

A Timeline Of The COVID-19 Wuhan Lab Origin Theory

By Jack Brewster Forbes U.S. Staff

The theory COVID-19 originated in a laboratory in Wuhan, China — and not naturally in wildlife…

Fueled By $500 Million In Federal Cash, Moderna Races To Make A Billion Doses Of An Unproven Cure

By Leah Rosenbaum Forbes U.S. Staff

The company’s billionaire CEO has secured huge grants on the promise of a new class of mRNA vaccines,…

Clinical Trials Of Mesoblast’s Stem Cell Treatment For COVID-19 Set To Begin Soon

By Alex Knapp Forbes U.S. Staff

Melbourne-based biotech company Mesoblast announced earlier this week that it’s begun…

Lifestyle

The Influence of Affluence: Why Monaco Is Key For Luxury Goods

From a young age Michael Louis Maddaloni has had an eye for fashion and appreciation for luxury goods. It came naturally. For two years, he worked at the family-owned Maddaloni Jewelers in Long Island, New York, marketing jewelry and watches…

How Luxury Shopping Habits Will Change Forever Because Of COVID-19

By Tanya Klich Forbes U.S. Staff

With Neiman Marcus reportedly teetering on bankruptcy, surging unemployment figures and mandated store…

On Earth Day, The Surprises Emerging From The Pandemic

By Elisabeth Brier Forbes U.S. Staff

The unprecedented global shutdown has had some surprising effects on the environment. On the upside,…

Anne De Hauw of Monaco-based IN Air Travel Experience

How will COVID-19 impact the future of air travel?

By Anne De Hauw Contributor

The coronavirus pandemic has plunged U.S. air travel passenger numbers to a 65-year low and IATA estimates…

Monaco’s Country Girl

By Celina Lafuente De Lavotha Contributor

Leaving Hollywood for Prince Charming, Grace Kelly went totally off-script to raise a family and…

Paolo Sari the world's first 100% organic Michelin chef

The Real Meal

By Nancy Heslin Editor

Restaurant Le Grill Hotel de Paris Monaco

A Grill With A View

Monaco Filmmaker Announces Distribution Deal At Berlinale

Featured

A Classic Beauty

By Nancy Heslin Editor

All Roads Lead to Todt

By Nancy Heslin Editor

Featured

Charles In Charge

By Nancy Heslin Editor

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…

These Boots Are Made For Walgreens

By Celina Lafuente De Lavotha Contributor

The annual Monte-Carlo Women of the Year Award, founded in 2012 by Cinzia Sgambati-Colman, is a cultural…

Down to a Fine Art

By Nancy Heslin Editor

Opera Gallery marks 10 years in Monaco. It’s no secret that many of the world’s biggest…

Breaking News

#BlackOutTuesday Brings Music Industry To A Pause, But Some Artists Warn Against Obscuring Black Lives Matter Posts

By Isabel Togoh Staff

Black tiles flooded social media on Tuesday alongside the hashtags #blackouttuesday and #theshowmustbepaused as the music industry paused to remember the killings of black people at the hands of police, but some artists are warning that #blacklivesmatter…

George Floyd’s Death Ruled A Homicide By Medical Examiner

By Nicholas Reimann Forbes U.S. Staff

George Floyd’s death was a homicide, the county medical examiner has ruled, saying in a report…

China Says A Coronavirus Vaccine May Be Ready This Year

By Carlie Porterfield Forbes U.S. Staff

A Chinese Covid-19 vaccine could be ready by the end of the year, a government body has announced as…

Greece Will Welcome Tourists Back, But Not Americans

By Carlie Porterfield Forbes U.S. Staff

Greece will welcome international tourists from nearly 30 countries back in June, but will retain a…

Pandemic Doesn’t Stop Cocaine Trade: Nearly $32 Million Bust Reported In Hong Kong

By Alexandra Sternlicht Forbes U.S. Staff

Hong Kong customs agents discovered $31.7 million of cocaine stashed inside an aircraft engine shipped…

Chinese Virologist Warns Coronavirus Is 'Just Tip Of The Iceberg'

All The Times Trump Has Promoted Hydroxychloroquine

By Andrew Solender Forbes U.S. Staff

National Art Museum of Catalonia in Barcelona

Spain Will Welcome Foreign Tourists In July

By Carlie Porterfield Forbes U.S. Staff

Monaco News

Coronavirus ‘Under Control' In France But Nice Airport T1 Won't Reopen Until March 2021

By Nancy Heslin Editor

How To Order Safely Off Menu In Monaco

By Nancy Heslin Editor

Monaco News

Blue Coast Brewery Gets Crafty Post Lockdown

By Nancy Heslin Editor

43% Monaco Residents Tested For Coronavirus, Work Force Screenings From Tuesday

By Nancy Heslin Editor

The government launched its Covid-19 serological screening campaign two weeks ago, allowing 90,000 people…

Reach For The Stars’n’Bars: Monaco’s Favorite Family Restaurant Reopens Tomorrow

By Nancy Heslin Editor

UPDATE: As part of World Environment Day tomorrow, residents looking to dispose of small appliances…

France Enters Phase 2: “Freedom Will Become The Rule, Bans The Exception,” Says Prime Minister

By Nancy Heslin Editor

As the French labor ministry reported today a 22.6% surge in unemployment over the last month making…

French Economy Set To Shrink 20% Q2, Air France Reduces Flights By 40%

By Nancy Heslin Editor

On Wednesday, France’s official statistics agency, INSEE, announced the country’s economy…

BrandVoice

Food For Thought From UBS

Report On A Global Food Revolution Being Driven By The People And Its Opportunities For Impact Investing. BY 2050, TWO BILLION extra people are expected (1.05 billion in Africa alone) and with a 60% increase in global food demand. What…