Delano.lu | 31 October 2011
Tradition: the Indian Association Luxembourg marked its 20th anniversary on Saturday with a special Deewali celebration. Read article »
Monday, October 31, 2011
Euro fund is still AAA
Delano.lu | 31 October 2011
Financial crisis: The Luxembourg-based euro zone bailout fund had its AAA status affirmed by the three major ratings agencies following this month’s meetings of European leaders. Read article »
Financial crisis: The Luxembourg-based euro zone bailout fund had its AAA status affirmed by the three major ratings agencies following this month’s meetings of European leaders. Read article »
Friday, October 28, 2011
AMCHAM foundation primer
Delano.lu | 28 October 2011
Conference: The Grand Duchy has several structural advantages making it an excellent hub for international philanthropic activities, reckons the American Chamber of Commerce in Luxembourg. Read article »
Conference: The Grand Duchy has several structural advantages making it an excellent hub for international philanthropic activities, reckons the American Chamber of Commerce in Luxembourg. Read article »
Thursday, October 27, 2011
Banks need billions, says EBA
Delano.lu | 27 October 2011
Financial crisis: Europe’s banks will need to set aside more than €106 billion to protect against possible sovereign debt defaults, EU regulators announced Wednesday night. Read article »
Financial crisis: Europe’s banks will need to set aside more than €106 billion to protect against possible sovereign debt defaults, EU regulators announced Wednesday night. Read article »
Wednesday, October 26, 2011
E-filing compulsory for firms
Delano.lu | 26 October 2011
Regulations: Companies with turnover of €100,000 or more will be required to file statements of accounts electronically, the government announced on Tuesday. Read article »
Regulations: Companies with turnover of €100,000 or more will be required to file statements of accounts electronically, the government announced on Tuesday. Read article »
Hospitality
City Magazine | 26 October 2011
The city’s youth hostel and the surrounding Pfaffenthal neighbourhood have both seen remarkable transformations. Read article »
The city’s youth hostel and the surrounding Pfaffenthal neighbourhood have both seen remarkable transformations. Read article »
Tuesday, October 25, 2011
Indian Chamber Diwali
Delano.lu | 25 October 2011
Events: More than 500 people joined the Indian Business Chamber of Luxembourg for its third annual Diwali get-together. Read article »
Events: More than 500 people joined the Indian Business Chamber of Luxembourg for its third annual Diwali get-together. Read article »
Adenauer expansion
Delano.lu | 25 October 2011
Development: The European Parliament’s Luxembourg-based general secretariat previewed its green building plans to the press on Monday. Read article »
Development: The European Parliament’s Luxembourg-based general secretariat previewed its green building plans to the press on Monday. Read article »
Monday, October 24, 2011
European satellite launch
Delano.lu | 24 October 2011
Space: The first two operational Galileo satellites were launched by the European Space Agency on Friday. Read article »
Space: The first two operational Galileo satellites were launched by the European Space Agency on Friday. Read article »
Friday, October 21, 2011
Mandell confirmed
Delano.lu | 21 October 2011
Diplomacy: President Barack Obama’s nominee for US ambassador to Luxembourg was confirmed by the US Senate on Tuesday. Read article »
Diplomacy: President Barack Obama’s nominee for US ambassador to Luxembourg was confirmed by the US Senate on Tuesday. Read article »
Thursday, October 20, 2011
Class actions in Europe?
Delano.lu | 20 October 2011
Conference: The US class action lawsuit system has gained a bad reputation in Europe as a forum for frivolous lawsuits, but an AMCHAM event next week explores which elements might end-up being adopted in the EU. Read article »
Conference: The US class action lawsuit system has gained a bad reputation in Europe as a forum for frivolous lawsuits, but an AMCHAM event next week explores which elements might end-up being adopted in the EU. Read article »
Wednesday, October 19, 2011
University gets UN grant
Delano.lu | 19 October 2011
Higher education: UNESCO bestowed its first-ever research chair in the Grand Duchy--upon the University of Luxembourg--on Tuesday. Read article »
Higher education: UNESCO bestowed its first-ever research chair in the Grand Duchy--upon the University of Luxembourg--on Tuesday. Read article »
Tuesday, October 18, 2011
E&Y cuts forecast
Delano.lu | 18 October 2011
Economy: Estimated 2011 euro zone GDP growth was cut from 1.6% from the two percent predicted in July, according to the European Eurozone Forecast issued by Ernst & Young and Oxford Economics on Monday. Read article »
Economy: Estimated 2011 euro zone GDP growth was cut from 1.6% from the two percent predicted in July, according to the European Eurozone Forecast issued by Ernst & Young and Oxford Economics on Monday. Read article »
Monday, October 17, 2011
LuxCSD goes live
Delano.lu | 17 October 2011
Finance: Luxembourg closes a gap by becoming the last euro zone country to launch a central securities depository, a step needed to keep the Grand Duchy competitive in the single European financial market. Read article »
Finance: Luxembourg closes a gap by becoming the last euro zone country to launch a central securities depository, a step needed to keep the Grand Duchy competitive in the single European financial market. Read article »
Friday, October 14, 2011
German tax office targets Luxembourg
Delano.lu | 14 October 2011
Fiscal investigation: German prosecutors will target suspected tax cheats using data stolen from HSBC in Luxembourg, according to German media reports. Read article »
Fiscal investigation: German prosecutors will target suspected tax cheats using data stolen from HSBC in Luxembourg, according to German media reports. Read article »
Thursday, October 13, 2011
British take on Facebook
Delano.lu | 13 October 2011
Networking: A social media conference anchored the British Chamber of Commerce for Luxembourg’s annual trade fair Wednesday night. Read article »
Networking: A social media conference anchored the British Chamber of Commerce for Luxembourg’s annual trade fair Wednesday night. Read article »
747-8s finally arriving
Delano.lu | 13 October 2011
Aviation: Cargolux has resolved its three and a half week-long dispute with Boeing over delivery of the first two 747-8 super freighters it ordered. Read article »
Aviation: Cargolux has resolved its three and a half week-long dispute with Boeing over delivery of the first two 747-8 super freighters it ordered. Read article »
Wednesday, October 12, 2011
Dexia downgrades continue
Delano.lu | 12 October 2011
Finance: Ratings agency Fitch downgraded Dexia Bank Belgium--which is expected be taken over by the Belgian government next Monday--from “A+” to “A”. Read article »
Finance: Ratings agency Fitch downgraded Dexia Bank Belgium--which is expected be taken over by the Belgian government next Monday--from “A+” to “A”. Read article »
Tuesday, October 11, 2011
Dexia shares resume trading
Delano.lu | 11 October 2011
Finance: Trading in Dexia shares restarted Monday at 2:30 p.m. after being frozen for more than two business days. Read article »
Finance: Trading in Dexia shares restarted Monday at 2:30 p.m. after being frozen for more than two business days. Read article »
Monday, October 10, 2011
Qataris buy BIL and KBL
Delano.lu | 10 October 2011
Finance: Investors from Qatar are taking over Luxembourg’s KBL Private Bank, while the finance minister confirms Qatar’s state investment fund is buying BIL. Read article »
Finance: Investors from Qatar are taking over Luxembourg’s KBL Private Bank, while the finance minister confirms Qatar’s state investment fund is buying BIL. Read article »
Still no 747-8 deal
Delano.lu | 10 October 2011
Aviation: Cargolux and Boeing have yet to resolve their dispute over the delivery of two 747-8 freighters. Read article »
Aviation: Cargolux and Boeing have yet to resolve their dispute over the delivery of two 747-8 freighters. Read article »
Dexia’s board accepts bailout plan
Delano.lu | 10 October 2011
Finance: Dexia Group’s board of directors voted to accept the Belgian, French and Luxembourg state rescue programme--including the sale of BIL and Dexia Asset Management--over the weekend. Read article »
Finance: Dexia Group’s board of directors voted to accept the Belgian, French and Luxembourg state rescue programme--including the sale of BIL and Dexia Asset Management--over the weekend. Read article »
Skype deal approved
Delano.lu | 10 October 2011
Technology: European competition authorities granted Microsoft permission to acquire Luxembourg-based Skype. Read article »
Technology: European competition authorities granted Microsoft permission to acquire Luxembourg-based Skype. Read article »
Friday, October 7, 2011
RBC may want two Dexia units
Delano.lu | 7 October 2011
Dexia breakup: Royal Bank of Canada could take a 100 percent stake in its Luxembourg-based global custody joint venture if it can acquire Dexia Asset Management in the same deal, according to a report from investment bank Barclays. Read article »
Dexia breakup: Royal Bank of Canada could take a 100 percent stake in its Luxembourg-based global custody joint venture if it can acquire Dexia Asset Management in the same deal, according to a report from investment bank Barclays. Read article »
“Business as usual,” RBC says
Delano.lu | 7 October 2011
Exclusive: Royal Bank of Canada is giving no signal that it wants to buyout its joint-venture partner in Luxembourg-based RBC Dexia Investor Services, saying any new ownership structure will not impact the business. Read article »
Exclusive: Royal Bank of Canada is giving no signal that it wants to buyout its joint-venture partner in Luxembourg-based RBC Dexia Investor Services, saying any new ownership structure will not impact the business. Read article »
Thursday, October 6, 2011
Qataris to buy BIL, reports say
Delano.lu | 6 October 2011
Finance: Qatar’s state investment fund is negotiating to acquire Dexia BIL from the troubled Dexia group, according to Belgian press reports. Read article »
Finance: Qatar’s state investment fund is negotiating to acquire Dexia BIL from the troubled Dexia group, according to Belgian press reports. Read article »
Dexia BIL suitor found
Delano.lu | 6 October 2011
Finance: An international investor “is ready to take over” Dexia BIL, Luxembourg’s finance minister said Thursday morning. Read article »
Finance: An international investor “is ready to take over” Dexia BIL, Luxembourg’s finance minister said Thursday morning. Read article »
Skype deal to get OK, report says
Delano.lu | 6 October 2011
Technology: Microsoft will receive approval from European authorities to acquire Luxembourg-based Skype, according to a newspaper report. Read article »
Technology: Microsoft will receive approval from European authorities to acquire Luxembourg-based Skype, according to a newspaper report. Read article »
Gimme Shelter
Delano.lu | 6 October 2011
International aid: The Red Cross launched an awareness campaign for its “Shelter Research Unit” on Wednesday, which investigates how to improve emergency housing solutions. Read article »
International aid: The Red Cross launched an awareness campaign for its “Shelter Research Unit” on Wednesday, which investigates how to improve emergency housing solutions. Read article »
Wednesday, October 5, 2011
Dexia may split-up today, say analysts
Delano.lu | 5 October 2011
Finance: A plan to break-up Dexia could come as early as Wednesday night, an investment bank said late Tuesday evening. Read article »
Finance: A plan to break-up Dexia could come as early as Wednesday night, an investment bank said late Tuesday evening. Read article »
Decision to make decisions
Delano.lu | 5 October 2011
Financial crisis: Ministers meeting in Luxembourg decided to take new action to tackle Greece’s continuing debt distress and the growing doubts about the liquidity of Europe’s banks, but no definitive steps were agreed. Read article »
Financial crisis: Ministers meeting in Luxembourg decided to take new action to tackle Greece’s continuing debt distress and the growing doubts about the liquidity of Europe’s banks, but no definitive steps were agreed. Read article »
Tuesday, October 4, 2011
Free to watch
Delano.lu | 4 October 2011
Media: EU law allows the use of foreign satellite TV decoders, the European Court of Justice ruled on Tuesday. Read article »
Media: EU law allows the use of foreign satellite TV decoders, the European Court of Justice ruled on Tuesday. Read article »
Dexia sell off confirmed
Delano.lu | 4 October 2011
Finance: Dexia Asset Management and Dexia BIL are to be sold, its employees were informed on Tuesday. Read article »
Finance: Dexia Asset Management and Dexia BIL are to be sold, its employees were informed on Tuesday. Read article »
Crisis dampens family spend
Delano.lu | 4 October 2011
Economy: Household spending has steadily declined since 2007, Luxembourg’s official statistics body said Monday. Read article »
Economy: Household spending has steadily declined since 2007, Luxembourg’s official statistics body said Monday. Read article »
Monday, October 3, 2011
Luxembourger garners Nobel
Delano.lu | 3 October 2011
Science: Professor Jules Hoffmann was honoured in this year’s Nobel Prize for medicine on Monday. Read article »
Science: Professor Jules Hoffmann was honoured in this year’s Nobel Prize for medicine on Monday. Read article »
747-8 deal back on radar screen
Delano.lu | 3 October 2011
Aviation: Cargolux said it “reached a tentative agreement with Boeing” for delivery of the two 747-8 freighters that were previously expected September 19 and 21. Read article »
Aviation: Cargolux said it “reached a tentative agreement with Boeing” for delivery of the two 747-8 freighters that were previously expected September 19 and 21. Read article »
Subscribe to:
Posts (Atom)