The house loses in trademark case

 October 21, 2013

A UK court has rejected a claim for passing-off and trademark infringement of the marks Monte-Carlo (registered in 2009) and Casino De Monte-Carlo (registered in 2010) brought against Anglofile International Ltd trading under the name ‘Monte Carlo Casino Entertainment,’ reported today… The claimant in this case was the owner of Casino de Monte-Carlo in […]

Five Billionaires who Dropped out of University

 October 20, 2013

Five billionaires who dropped out of university. We tend to equate dropping out of university with joblessness, potentially leading to homelessness right? We might want to reconsider that assumption, given that there are 5 tech billionaires out there who dropped out of university. As the following list demonstrates, kissing goodbye to a diploma does not […]

Brazilian Billionaire Eike Batista Loses $34.3 Billion

 October 18, 2013

Paulo Mendonça the chief executive of OGX Petróleo was quite optimistic that the company he was leading would eventually succeed to become a leading autonomous producer of oil and the cornerstone for Eike Batista’s sprawling Brazilian resource empire. But that was fifteen months ago. Later in an interview with Reuters, Paulo Mendonça rubbished concerns about […]

Local daily examines French tax problem

 October 18, 2013

Thanks to the imposition of French taxes, the French population in Monaco continues to decline. Whereas there were 15,317 French nationals living in the Principality in1982, the total has fallen to below 8,000 for the first time and there are now 7,718 living in Monaco, local French-language daily reports this morning Within 18 months, the […]

The fall-out from Falciani

 October 18, 2013

A 41-YEAR-OLD native of Monaco increasingly looks to be to banking what Edward Snowden is to American surveillance. In 2008 Hervé Falciani walked out of the Geneva branch of HSBC where he’d worked for three years, clutching five CD-Roms containing data on tens of thousands of account holders. The theft has lobbed a bomb into […]

Wang Jianlin the Richest Person in China and his Plans for the Future

 October 16, 2013

Wang Jianlin is undoubtedly the richest man in China. This property mogul has a vast collection of opulent shopping centers and world-class hotels, a part of his hobby, is now set to conquer Hollywood. Jianlin, a former soldier, has recently revealed his decision to spend close to $8.7 billion to construct a bigger entertainment and […]

On his way to Billionaire Status: David Copperfield

 October 15, 2013

That’s right: David Copperfield may just as well be the most financially successful entertainer in history. Copperfield has so far sold 40 million tickets and grossed over $4 billion, which is more than any other solo entertainer in history. Period. Magician David Copperfield is hands-down one of the wealthiest Americans in the world. Forbes has […]

Expert for SEO Services in Monaco

 October 15, 2013

Over 85% of Internet users use search engines and directories to find information on the Web. Being placed on the top ten positions in the major search engines is the vital factor for the success of a Website. Christopher Bennier, CEO of Global Site Position and resident in Monaco since 20 years, is specialized in […]

The Wealth of Nations

 October 14, 2013

A rare first edition of “The Wealth of Nations” by Adam Smith, a treatise on economy, has been estimated to fetch fifty thousand pounds. The book was first published by the Scottish economist-cum-philosopher in 1776 and provided the world the first insights into how wealth is created in a nation. It reflects on various aspects […]

Monaco Telecom sells Algerian stake

 October 14, 2013

Cable & Wireless Communications announced today that its subsidiary Monaco Telecom SAM has agreed to sell its Algerian satellite communication business Divona SpA to Smart Link Com SpA, of Algeria, for a total consideration of $1.4 million on a cash free and debt free basis, RTT news reports. The company said it will use proceeds […]

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