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Curfew “Not Justified” In Monaco, Says Prime Minister

Oct 23, 2020, 06:52pm
By Nancy Heslin Forbes Monaco

In a televised address at 7 p.m. on Friday, Monaco prime minister Pierre Dartoux said that while the country is experiencing a second wave of coronavirus that “is less worrying than elsewhere,” the situation “remains serious.”…

Covid-19 Spike In Europe Leads To Resurrecting Restrictions

Oct 23, 2020, 02:53pm
By Tommy Beer Forbes U.S. Staff

With Covid-19 cases spiking across the continent, many European countries are reimposing restrictions, including travel warnings, mask mandates and partial lockdowns, in hopes of curbing coronavirus outbreaks that are leading to increased hospitalizations…

Obama Calls Trump Behavior ‘Not Normal’ As He Pitches ‘Normal President’ Biden

Oct 23, 2020, 01:49pm
By Andrew Solender Forbes U.S. Staff

Former President Barack Obama took to the campaign trail once again on Saturday to offer a harsh assessment of his successor, particularly taking aim at his halted 60 Minutes interview and casting his behavior as “not normal”…

EU Zone Sees Business Activity Shrink—Again

Oct 23, 2020, 01:45pm

Preliminary data released on Friday indicates that economic activity in the euro zone shrunk in October as a second wave of covid swept across the region. The flash euro zone PMI composite output index has dipped to 49.4 versus 50.4 in September.…

After Spain, France Surpasses 1 Million Covid Cases As Europe’s Outbreak Worsens

Oct 23, 2020, 09:10am
By Daniel Cassady Forbes U.S. Staff

France on Thursday surpassed 1 million confirmed Covid-19 cases, a worrying landmark that came just over a week after French President Emmanuel Macron declared a national health emergency and a month-long curfew in France’s major cities…

Here We Go Again: Alpes-Maritimes Heads Into 6-Week Curfew. Is Monaco Next?

Oct 22, 2020, 06:39pm
By Nancy Heslin Forbes Monaco

UPDATE: For the first time France has recorded 41,622 new Covid cases over the past 24 hours. Monaco confirmed eight cases although the government says it will not introduce a curfew. Further details expected Friday. This afternoon French…

Monaco Resident Fined For Registering Russian’s €260,000 Lamborghini

As Monaco authorities continue to crackdown on residents fronting addresses for non-residents, a Dane…

Monaco Opens Third Port With Longest Concession In The Mediterranean

By Nancy Heslin Forbes Monaco

After three years, and despite Covid-related delays, the Société Monégasque Internationale…

Nokia To Build Cell Network On Moon

By Robert Hart Forbes U.S. Staff

Nokia will build the first cellular network on the moon as part of a NASA project intended to establish…

How Altruism And Technical Solutions Led To The Creation Of Profitable And Safe Investment Models

By Jessica Walker Contributor

Modern technology is rapidly changing traditional trading formats, automating all related processes;…

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

2 Nok-On Effect

3 Enjoy The Great Future Of Digital Era

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

5 Into The Wild

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

7 Massa Races At First Virtual Le Mans This Weekend To Help Princess Charlene Raise Money For Covid Vaccine

8 New Art Gallery In Monaco Celebrates Formula One In Color

9 Timers project will tokenize your time via blockchain

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

Billionaires

Billionaire wealth smashes $10 trillion record during pandemic, reports UBS

By Nancy Heslin Forbes Monaco

A report released this morning by UBS and PwC reveals that billionaire wealth broke the $10 trillion mark during the Covid pandemic. The finding from “Riding The Storm: Market Turbulence Accelerates Diverging Fortunes,” which…

Bill Gates: U.S. Needs To 'Own Up To The Fact That We Didn't Do A Good Job'

By Matt Perez Forbes U.S. Staff

The United States needs to "own up to the fact that we didn't do a good job" up until…

Gates Foundation Donates $150 Million To Distribute Covid-19 Vaccine To Developing Nations As They Struggle With Accelerating Pandemic

By Elana Lyn Gross Forbes U.S. Staff

As Covid-19 cases continue to increase in developing countries, the Bill & Melinda Gates Foundation…

Elon Musk Is Now The Fifth Richest Person In The World

By Tommy Beer Forbes U.S. Staff

Elon Musk's meteoric rise up the Forbes Billionaire List has continued this month, as…

Italian Billionaire Marina Caprotti Cements Control Over Her Family’s Supermarket Firm Esselunga

By Giacomo Tognini Forbes U.S. Staff

Nearly four years ago, the death of supermarket billionaire Bernardo Caprotti set off a yearslong…

Billionaire Branson Back From The Brink: Virgin Group Moves Closer To $1.3 Billion Needed To Rescue Empire

By David Dawkins Forbes U.S. Staff

Diesel Spill Could Cost Billionaire Potanin $4 Billion - Russia’s Richest Man To ‘Clean Up’ His Own Mess

By David Dawkins Forbes U.S. Staff

The Billionaire Barclay Brothers And The Battle Over Who Controls The Family Fortune

By David Dawkins Forbes U.S. Staff

Money

Europe Can Now Put Tariffs On $4 Billion In U.S. Products Each Year, Including Boeing Jets, Ketchup And Citrus Fruit

By Sarah Hansen Forbes U.S. Staff

Study Suggests Covid Crisis Has Generated An Increase In Wealth Inequality In France

By Nancy Heslin Forbes Monaco

Money

Tennis' GOAT? Rafael Nadal Vs. Roger Federer, By The Numbers

By Kurt Badenhausen Forbes U.S. Staff

Rafael Nadal squares off against Novak Djokovic Sunday in Paris in the 2020 French Open Final, which was rescheduled from June due to the coronavirus. History is on the line, as well as a $1.9 million check for the winner (loser gets $1 million).…

Tesla, Netflix Slammed As Stocks Fall On Weak Jobs Data, Trump Covid Case

By Jonathan Ponciano Forbes U.S. Staff

The announcement that President Donald Trump tested positive for coronavirus triggered a sell-off in…

Report: Trump Only Paid $750 In Taxes For 2016 And 2017

By Nicholas Reimann Forbes U.S. Staff

President Donald Trump paid only $750 in federal income taxes for the years 2016 and 2017, as he successfully…

Dow Rallies 350 Points, But Stocks Are Down For A Fourth Week In A Row

By Sergei Klebnikov Forbes U.S. Staff

The market rallied on Friday as tech stocks recovered some of their losses for the month, but Wall Street…

May The Secular Forces Be With You

By Nancy Heslin Forbes Monaco

Group CIO Yves Bonzon has his eye in the economic and investing environment shaping the next decade. And…

Business

EU Zone Sees Business Activity Shrink—Again

Art Inside And Out

Badr El Jundi sets the international stage for contemporary art and cultural tourism with Anantara Villa…

Ferrero To Invest €42 Million In World’s Largest Consumer Of Nutella

France is not only the world’s biggest gobbler of Ferrero Nutella but every year the factory in…

5 Ways Blockchain Can Help The Advertising And Marketing Industry

By Alexander Belov Contributor

The advertising industry is playing a very important role in every industry you can ever think of. In…

COFFE That Is Not To Drink

By Artem Romanuk Contributor

Until 2020, there were many releases of technology companies in the field of blockchain and cryptocurrencies.…

Timers project will tokenize your time via blockchain

By Marina Sokolova Contributor

Three Immersive Digital Experiences That Made Consumers Fall In Love

By Rumble Romagnoli Contributor

Uber Wins Legal Battle To Continue Operating In London

By Siladitya Ray Forbes U.S. Staff

Innovation

Nokia To Build Cell Network On Moon

By Robert Hart Forbes U.S. Staff

New iPhones Won’t Come With Headphones Or A Charging Box Anymore

By Rachel Sandler Forbes U.S. Staff

Innovation

Facebook, Instagram Users Will Soon Be Able To Send Each Other Direct Messages

By Siladitya Ray Forbes U.S. Staff

Facebook will soon allow people on the social media platform to send direct messages to Instagram users and vice versa, the social media giant said in a blog post, signaling the first step in the company’s plan to unify messaging…

Anyone Can Teach Anything On This Education Site - And That's Why It's Worth Billions

By Susan Adams Forbes U.S. Staff

With 150,000 courses ranging from how to win at online poker to principles of quantum mechanics, online…

Stormy Weather Delays Historic SpaceX Launch

By Rachel Sandler Forbes U.S. Staff

Just 17 minutes before takeoff, NASA called off the historic launch of a crewed SpaceX rocket due to…

Can Covid-19 Be Smelled?

By Alexandra Sternlicht Forbes U.S. Staff

The answer is maybe, yes; The U.K. has invested about $600,000 to determine whether drug-sniffing dogs…

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…

Lifestyle

Rethinking The Future Of Luxury Fashion In Monaco

How has Covid, government lockdowns and social distancing affected the luxury fashion sector in Monaco? The Covid-19 pandemic has ravaged the global luxury fashion industry. Structural shifts in the business of fashion—such as the rise…

One To Watch: Franck Muller Launches Hyper-Exclusive King Tourbillon Limited Edition

By Alexander Belov Contributor

Swiss horology brand Franck Muller can’t be accused of making an understatement. The “Master…

Rafael Nadal Drops Out Of U.S. Open Over Coronavirus

By Carlie Porterfield Forbes U.S. Staff

Rafael Nadal, currently ranked the number two men’s player in the world, will give up his spot…

Meals With Altitude: As Airlines Continue To Face Unparalleled Disruption, IN.bowl Reinvents In-Flight Catering

By Anne De Hauw Contributor

Historically, airlines have had a mixed relationship with sustainability, given their reliance on fuel…

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.…

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

By Tanya Klich Forbes U.S. Staff

On Earth Day, The Surprises Emerging From The Pandemic

By Elisabeth Brier Forbes U.S. Staff

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

Featured

Post-Covid-19: Investing In An Uncertain World

By Norman Villamin Contributor

A Classic Beauty

By Nancy Heslin Forbes Monaco

Featured

All Roads Lead to Todt

By Nancy Heslin Forbes Monaco

From Karting to F1, this manager drives careers. Manager Nicolas Todt does not fall far from the F1 tree. His father, Jean, a driver turned-Director of Racing at Peugeot then Ferrari, has twice been re-elected to his current position of President…

Charles In Charge

By Nancy Heslin Forbes Monaco

Not even halfway through his first Formula One season, Charles Leclerc is admittedly determined to shake…

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…

Breaking News

Covid-19 Spike In Europe Leads To Resurrecting Restrictions

By Tommy Beer Forbes U.S. Staff

Obama Calls Trump Behavior ‘Not Normal’ As He Pitches ‘Normal President’ Biden

By Andrew Solender Forbes U.S. Staff

Former President Barack Obama took to the campaign trail once again on Saturday to offer a harsh assessment…

After Spain, France Surpasses 1 Million Covid Cases As Europe’s Outbreak Worsens

By Daniel Cassady Forbes U.S. Staff

France on Thursday surpassed 1 million confirmed Covid-19 cases, a worrying landmark that came just…

Paris Back Under Curfew Amid Spike In Covid-19 Cases In Europe

By Daniel Cassady Forbes U.S. Staff

French President Emanuel Macron on Tuesday declared a national health emergency and announced a…

French Authorities Arrest 11 After History Teacher Beheading

By Jemima McEvoy Forbes U.S. Staff

French authorities have arrested 11 people in connection to the gruesome beheading of a teacher who…

Get Ready For No-Deal Brexit, British Prime Minister Boris Johnson Tells Country

By Siladitya Ray Forbes U.S. Staff

China To Test 9 Million People For Covid-19 This Week As New Outbreak Emerges

By Isabel Togoh Staff

World Health Organization Reports Record Daily Number Of Covid-19 Infections

By Matt Perez Forbes U.S. Staff

Monaco News

Curfew “Not Justified” In Monaco, Says Prime Minister

By Nancy Heslin Forbes Monaco

Here We Go Again: Alpes-Maritimes Heads Into 6-Week Curfew. Is Monaco Next?

By Nancy Heslin Forbes Monaco

Monaco News

Monaco Resident Fined For Registering Russian’s €260,000 Lamborghini

As Monaco authorities continue to crackdown on residents fronting addresses for non-residents, a Dane has been given a €5,000 fine with a three-month suspended sentence for registering a foreigner’s vehicle in the Principality. A…

Monaco Opens Third Port With Longest Concession In The Mediterranean

By Nancy Heslin Forbes Monaco

After three years, and despite Covid-related delays, the Société Monégasque Internationale…

EU Announces Guidelines For Travel To Ensure Free Movement During Covid

By Nancy Heslin Forbes Monaco

Following a meeting in Luxembourg on Tuesday, envoys for the 27 European Union member states have decided…

As SBM’s Q2 2020 Turnover Plummets 74%, Group Is Forced To Make Job Cuts For First Time In 150 Years

By Nancy Heslin Forbes Monaco

When Guy Antognelli, director of tourism and congress, revealed on September 24 that occupancy rates…

SNCF And Bus Services Stop From Monaco As Storm Warnings Intensify Friday

UPDATE: Nice-Côte-d'Azur airport is operating normally Saturday morning after closing last…

BrandVoice

How Altruism And Technical Solutions Led To The Creation Of Profitable And Safe Investment Models

By Jessica Walker Contributor

Modern technology is rapidly changing traditional trading formats, automating all related processes; however, none of the currently available instruments on the market is protected against emerging risks. Today we have the opportunity…