City Magazine | 27 December 2012
When the capital gave itself space to grow… it did. Read article »
Thursday, December 27, 2012
Friday, December 21, 2012
Mixed news for Guardian
Delano.lu | 21 December 2012
Industry: A major glass firm has garnered good news from the government but gained a “thumbs down” from a ratings agency. Read article »
Industry: A major glass firm has garnered good news from the government but gained a “thumbs down” from a ratings agency. Read article »
Thursday, December 20, 2012
Qatar out of Cargolux
Delano.lu | 20 December 2012
Aviation: The Grand Duchy has once again temporarily taken a stake in Europe’s largest cargo airline. Read article »
Aviation: The Grand Duchy has once again temporarily taken a stake in Europe’s largest cargo airline. Read article »
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Wednesday, December 19, 2012
Lower gun rates
Delano.lu | 19 December 2012
Society: Luxembourg has the lowest rate of civilian gun ownership among neighbouring countries, but the 41st highest ratio worldwide, Swiss researchers have reported. Read article »
Society: Luxembourg has the lowest rate of civilian gun ownership among neighbouring countries, but the 41st highest ratio worldwide, Swiss researchers have reported. Read article »
Tuesday, December 18, 2012
Paul Wurth deal closes
Delano.lu | 18 December 2012
Industry: Control of one of Luxembourg’s leading engineering firms has passed to German investors. Read article »
Industry: Control of one of Luxembourg’s leading engineering firms has passed to German investors. Read article »
Monday, December 17, 2012
Finance jobs to keep evolving
Delano.lu | 17 December 2012
Career: Pay and the number of positions in Luxembourg’s financial sector are remaining relatively steady, while specialisations are shifting, according to a leading recruitment firm. Read article »
Career: Pay and the number of positions in Luxembourg’s financial sector are remaining relatively steady, while specialisations are shifting, according to a leading recruitment firm. Read article »
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Friday, December 14, 2012
French were right, ECJ says
Delano.lu | 14 December 2012
Europe: France has won its dispute with the European Parliament over Strasbourg sessions before the EU’s top court. Read article »
Europe: France has won its dispute with the European Parliament over Strasbourg sessions before the EU’s top court. Read article »
Thursday, December 13, 2012
Gaston Reinesch tops list
Delano.lu | 13 December 2012
Media: paperJam magazine has named the current number two at the finance ministry as Luxembourg’s most influential economic leader. Read article »
Media: paperJam magazine has named the current number two at the finance ministry as Luxembourg’s most influential economic leader. Read article »
Bradesco unit in Moody’s spotlight
Delano.lu | 13 December 2012
Finance: The Luxembourg subsidiary of Brazil’s second largest bank has received its first stand-alone score from one of the world’s main credit rating agencies. Read article »
Finance: The Luxembourg subsidiary of Brazil’s second largest bank has received its first stand-alone score from one of the world’s main credit rating agencies. Read article »
Wednesday, December 12, 2012
easyJet adds Milan
Delano.lu | 12 December 2012
Travel: The first budget carrier to serve the Grand Duchy has added flights to a second destination. Read article »
Travel: The first budget carrier to serve the Grand Duchy has added flights to a second destination. Read article »
Tuesday, December 11, 2012
New uni research boss
Delano.lu | 11 December 2012
Appointments: A cardiologist at one of the UK’s largest medical centres has been nominated to head up the University of Luxembourg’s research functions. Read article »
Appointments: A cardiologist at one of the UK’s largest medical centres has been nominated to head up the University of Luxembourg’s research functions. Read article »
Monday, December 10, 2012
Rental market improves
Delano.lu | 10 December 2012
Cost of living: Luxembourg’s housing inflation rate slowed during the third quarter of this year, figures released on Friday reveal. Read article »
Cost of living: Luxembourg’s housing inflation rate slowed during the third quarter of this year, figures released on Friday reveal. Read article »
Friday, December 7, 2012
Winter weather warning
Delano.lu | 7 December 2012
Snow alert: A polar air front has hit Luxembourg, bringing dangerous driving conditions through next week. Read article »
Snow alert: A polar air front has hit Luxembourg, bringing dangerous driving conditions through next week. Read article »
Wednesday, December 5, 2012
High income foreigners
Delano.lu | 5 December 2012
Integration: Immigrants to Luxembourg score well on job-related measures, but less well on several social factors, a new report on immigration to rich countries has revealed. Read article »
Integration: Immigrants to Luxembourg score well on job-related measures, but less well on several social factors, a new report on immigration to rich countries has revealed. Read article »
Tuesday, December 4, 2012
Juncker to step down
Delano.lu | 4 December 2012
Euro: Luxembourg’s prime minister has announced again that he will quit his job as Eurogroup chief. Read article »
Euro: Luxembourg’s prime minister has announced again that he will quit his job as Eurogroup chief. Read article »
Monday, December 3, 2012
Rescue fund downgraded
Delano.lu | 3 December 2012
Sovereign debt: One of the three main global rating agencies has cut the top-notch credit score of Luxembourg’s two euro zone bailout funds. Read article »
Sovereign debt: One of the three main global rating agencies has cut the top-notch credit score of Luxembourg’s two euro zone bailout funds. Read article »
Friday, November 30, 2012
No Greek documents for Bloomberg
Delano.lu | 30 November 2012
Legal: Frankfurt officials do not have to release secret reports on Greece’s economy to a major news organisation, a court in Luxembourg has ruled. Read article »
Legal: Frankfurt officials do not have to release secret reports on Greece’s economy to a major news organisation, a court in Luxembourg has ruled. Read article »
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Thursday, November 29, 2012
Polish links
Delano.lu | 29 November 2012
International networking: A new group to promote economic ties between the Grand Duchy and Poland, the Luxembourg Poland Business Club, held its inaugural event this week. Read article »
International networking: A new group to promote economic ties between the Grand Duchy and Poland, the Luxembourg Poland Business Club, held its inaugural event this week. Read article »
The other half
City Magazine | 29 November 2012
Like the ugly duckling, an area once in the shadows -- and often underwater -- has become one of the capital’s shining stars. Read article »
Like the ugly duckling, an area once in the shadows -- and often underwater -- has become one of the capital’s shining stars. Read article »
Wednesday, November 28, 2012
ESM gets 2nd court OK
Delano.lu | 28 November 2012
Euro zone: Europe’s permanent rescue agency was properly formed and can commence operations, the EU’s top court has ruled. Read article »
Euro zone: Europe’s permanent rescue agency was properly formed and can commence operations, the EU’s top court has ruled. Read article »
Luxembourg less excitable
Delano.lu | 28 November 2012
Society: Residents of the Grand Duchy are less emotional than three-quarters of the world’s population, a major public opinion pollster has found. Read article »
Society: Residents of the Grand Duchy are less emotional than three-quarters of the world’s population, a major public opinion pollster has found. Read article »
Tuesday, November 27, 2012
Growth to recover in 2014, says OECD
Delano.lu | 27 November 2012
Economy: Luxembourg’s GDP will stagnate this year and next, while unemployment and government debt will continue to rise, and inflation will slow down, according to a rich world economic think-tank. Read article »
Economy: Luxembourg’s GDP will stagnate this year and next, while unemployment and government debt will continue to rise, and inflation will slow down, according to a rich world economic think-tank. Read article »
Banking delays blasted
Delano.lu | 27 November 2012
Brussels: The new EU banking union should not be slowed down by member state negotiations, the European financial services commissioner has argued in a major newspaper interview, despite what a senior industry figure tells Delano are “huge unresolved problems.” Read article »
Brussels: The new EU banking union should not be slowed down by member state negotiations, the European financial services commissioner has argued in a major newspaper interview, despite what a senior industry figure tells Delano are “huge unresolved problems.” Read article »
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Monday, November 26, 2012
Half say racial bias is “widespread”
Delano.lu | 26 November 2012
Society: Luxembourg residents believe there is less discrimination overall in their country than the EU average, and are readier to support political candidates from a minority group, a new study has found. Read article »
Society: Luxembourg residents believe there is less discrimination overall in their country than the EU average, and are readier to support political candidates from a minority group, a new study has found. Read article »
Friday, November 23, 2012
Mersch finally confirmed
Delano.lu | 23 November 2012
EU: European ministers named Yves Mersch to the European Central Bank’s executive council after months of political wrangling. Read article »
EU: European ministers named Yves Mersch to the European Central Bank’s executive council after months of political wrangling. Read article »
Thursday, November 22, 2012
Juncker 6th in FT ranking
Delano.lu | 22 November 2012
Economy: A leading financial newspaper has named Luxembourg’s prime minister as the sixth best European finance minister. Read article »
Economy: A leading financial newspaper has named Luxembourg’s prime minister as the sixth best European finance minister. Read article »
Wednesday, November 21, 2012
EIB critiqued over Greece
Delano.lu | 21 November 2012
Euro zone: The EU’s Luxembourg-based economic development bank has been accused by Brussels of “dragging its feet” on dispersing funds meant to help revive the Greek economy. Read article »
Euro zone: The EU’s Luxembourg-based economic development bank has been accused by Brussels of “dragging its feet” on dispersing funds meant to help revive the Greek economy. Read article »
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Monday, November 19, 2012
Qatar to quit Cargolux
Delano.lu | 19 November 2012
Aviation: A major shareholder of Europe’s largest cargo air carrier plans to sell its stake after falling out with Luxembourg’s government. Read article »
Aviation: A major shareholder of Europe’s largest cargo air carrier plans to sell its stake after falling out with Luxembourg’s government. Read article »
Friday, November 16, 2012
Grand Duchy 11th in infidelity ranking
Delano.lu | 16 November 2012
Society: High earners in the financial sector are the largest group of Luxembourg residents engaged in extramarital affairs, a website has claimed. Read article »
Society: High earners in the financial sector are the largest group of Luxembourg residents engaged in extramarital affairs, a website has claimed. Read article »
Thursday, November 15, 2012
Refund corporate tax, says ECJ
Delano.lu | 15 November 2012
Legal: The British government may have to reimburse billions of pounds to UK-based multinationals following a ruling by the EU’s top court, despite the current debate over cross-border corporate taxation. Read article »
Legal: The British government may have to reimburse billions of pounds to UK-based multinationals following a ruling by the EU’s top court, despite the current debate over cross-border corporate taxation. Read article »
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Wednesday, November 14, 2012
EU airline rules on hold
Delano.lu | 14 November 2012
Aviation: The European Commission has “stopped the clock” on part of its controversial plan to force foreign airlines to pay for CO2 emissions. Read article »
Aviation: The European Commission has “stopped the clock” on part of its controversial plan to force foreign airlines to pay for CO2 emissions. Read article »
Tuesday, November 13, 2012
Win Thanksgiving hamper
Delano.lu | 13 November 2012
With Thanksgiving just around the corner--Thursday November 22--many international residents are hankering for some classic American treats. Read article »
With Thanksgiving just around the corner--Thursday November 22--many international residents are hankering for some classic American treats. Read article »
Luxembourg 11th in prosperity ranking
Delano.lu | 13 November 2012
Study: The Grand Duchy scored highly for its economy, but got poor marks in education, according to a British think tank’s comparison of wealth and wellbeing worldwide. Read article »
Study: The Grand Duchy scored highly for its economy, but got poor marks in education, according to a British think tank’s comparison of wealth and wellbeing worldwide. Read article »
Monday, November 12, 2012
SES growth takes off
Delano.lu | 12 November 2012
Media: The Luxembourg satellite operator that carries signals for British pay TV firm BSkyB, India’s Dish Network and Echostar in the US has posted stellar third quarter results. Read article »
Media: The Luxembourg satellite operator that carries signals for British pay TV firm BSkyB, India’s Dish Network and Echostar in the US has posted stellar third quarter results. Read article »
Friday, November 9, 2012
New EU-US trade deal in the works
Delano.lu | 9 November 2012
Economy: Transatlantic trade rules--touching on everything from farming to financial services--are likely to see a major refresh, a European Commissioner has revealed during a speech. Read article »
Economy: Transatlantic trade rules--touching on everything from farming to financial services--are likely to see a major refresh, a European Commissioner has revealed during a speech. Read article »
Dexia to get €5.5 billion more
Delano.lu | 9 November 2012
Finance: The troubled Franco-Belgian banking group has received yet another round of government rescue funding. Read article »
Finance: The troubled Franco-Belgian banking group has received yet another round of government rescue funding. Read article »
Thursday, November 8, 2012
Deloitte: double digit dip in year-end spending
Delano.lu | 8 November 2012
Economy: Luxembourg residents intend to spend 12% less on the holidays than last year, a major consulting firm and business trade group have said. Read article »
Economy: Luxembourg residents intend to spend 12% less on the holidays than last year, a major consulting firm and business trade group have said. Read article »
“We go earlier, and we go further up”
Delano | 8 November 2012
The head of the EU’s statistics office
talks to Delano about the agency’s new “quality assurance” powers. Read article »
Wednesday, November 7, 2012
Apple e-book deal in December
Delano.lu | 7 November 2012
Media: Apple and four publishing groups will conclude an anti-trust settlement with the EU’s competition authority over alleged e-book price-fixing next month, a major news agency has reported. Read article »
Media: Apple and four publishing groups will conclude an anti-trust settlement with the EU’s competition authority over alleged e-book price-fixing next month, a major news agency has reported. Read article »
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Major steel downgrade
Delano.lu | 7 November 2012
Industry: One of the main credit ratings agencies has moved ArcelorMittal’s debt into “junk bond” territory. Read article »
Industry: One of the main credit ratings agencies has moved ArcelorMittal’s debt into “junk bond” territory. Read article »
Tuesday, November 6, 2012
Spain blocks Mersch
Delano.lu | 6 November 2012
EU: Spain has further delayed the nomination of Yves Mersch to the European Central Bank’s executive council. Read article »
EU: Spain has further delayed the nomination of Yves Mersch to the European Central Bank’s executive council. Read article »
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Value eats
Delano.lu | 6 November 2012
Dining: Michelin will profile eight Luxembourg restaurants in its guide of more affordable eateries, to be released later this month. Read article »
Dining: Michelin will profile eight Luxembourg restaurants in its guide of more affordable eateries, to be released later this month. Read article »
Monday, November 5, 2012
Steel giant kept mum on hacking
Delano.lu | 5 November 2012
Computer security: Files from the computer of ArcelorMittal’s corporate finance chief computer were stolen by Chinese hackers, a major news agency has reported. Read article »
Computer security: Files from the computer of ArcelorMittal’s corporate finance chief computer were stolen by Chinese hackers, a major news agency has reported. Read article »
Wednesday, October 31, 2012
International gateway
City Magazine | 31 October 2012
It is a symbol of modernity, welcomes thousands daily and
is visible from miles around, but the capital’s main train station still guards
an intriguing secret. Read article »
Tuesday, October 30, 2012
Best ads call
Delano.lu | 30 October 2012
Media: Nominations have opened for the Grand Duchy’s premiere advertising awards, but marketers have less than two weeks to throw their hats in the ring. Read article »
Media: Nominations have opened for the Grand Duchy’s premiere advertising awards, but marketers have less than two weeks to throw their hats in the ring. Read article »
Monday, October 29, 2012
Airline competition heats up
Delano.lu | 29 October 2012
Travel: easyJet is set to become the first low cost carrier to serve Luxembourg, with flights to London-Gatwick four times a week to begin Monday afternoon. Read article »
Travel: easyJet is set to become the first low cost carrier to serve Luxembourg, with flights to London-Gatwick four times a week to begin Monday afternoon. Read article »
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Friday, October 26, 2012
Mersch rejected
Delano.lu | 26 October 2012
EU: Citing the lack of female candidates for the post, the European Parliament has voted against Luxembourg’s central bank chief taking a seat on the European Central Bank’s executive council. Read article »
EU: Citing the lack of female candidates for the post, the European Parliament has voted against Luxembourg’s central bank chief taking a seat on the European Central Bank’s executive council. Read article »
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Thursday, October 25, 2012
Brussels tells Luxembourg to raise VAT
Delano.lu | 25 October 2012
E-commerce: The European Commission has told the Grand Duchy and France to “amend” their value added tax rates on electronic books. Read article »
E-commerce: The European Commission has told the Grand Duchy and France to “amend” their value added tax rates on electronic books. Read article »
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Three hour rule stands
Delano.lu | 25 October 2012
Aviation: Air carriers in the EU still have to pay compensation to travellers whose flights are delayed by three or more hours, “unless the delay is caused by extraordinary circumstances,” Europe’s top court has ruled. Read article »
Aviation: Air carriers in the EU still have to pay compensation to travellers whose flights are delayed by three or more hours, “unless the delay is caused by extraordinary circumstances,” Europe’s top court has ruled. Read article »
Lloyds layoffs
Delano.lu | 25 October 2012
Banking: Private bank Lloyds TSB Bank Luxembourg will shutter its doors, making at least half of its staff redundant, according to trade unions representing the firm’s employees. Read article »
Banking: Private bank Lloyds TSB Bank Luxembourg will shutter its doors, making at least half of its staff redundant, according to trade unions representing the firm’s employees. Read article »
Wednesday, October 24, 2012
Luxembourg tops aid list
Delano.lu | 24 October 2012
International relations: The Grand Duchy has scored highly in an American think tank’s new comparison of rich country support for the developing world. Read article »
International relations: The Grand Duchy has scored highly in an American think tank’s new comparison of rich country support for the developing world. Read article »
Tuesday, October 23, 2012
Luxembourg lowest
Delano.lu | 23 October 2012
Economy: The Grand Duchy has the smallest ratio of government deficit to GDP and the third lowest ratio of government debt to GDP in the EU, and reduced both numbers last year, a new report reveals. Read article »
Economy: The Grand Duchy has the smallest ratio of government deficit to GDP and the third lowest ratio of government debt to GDP in the EU, and reduced both numbers last year, a new report reveals. Read article »
Friday, October 19, 2012
Luxembourg edges out Finland in New York bid
Delano.lu | 19 October 2012
International affairs: The Grand Duchy has garnered a rotating seat on the UN Security Council. Read article »
International affairs: The Grand Duchy has garnered a rotating seat on the UN Security Council. Read article »
Schleck makes his case; Guercilena gets top job
Delano.lu | 19 October 2012
Sport: RadioShack Nissan Trek has named a new team manager, while one of its biggest stars has refuted anti-doping allegations at his official hearing. Read article »
Sport: RadioShack Nissan Trek has named a new team manager, while one of its biggest stars has refuted anti-doping allegations at his official hearing. Read article »
Thursday, October 18, 2012
OK to ban presidents, ECJ says
Delano.lu | 18 October 2012
Legal: EU countries have the right to refuse entry to European heads of state, the EU’s top court has ruled. Read article »
Legal: EU countries have the right to refuse entry to European heads of state, the EU’s top court has ruled. Read article »
Wednesday, October 17, 2012
Newly independent bank gets boost
Delano.lu | 17 October 2012
Finance: Two of the main global credit agencies have affirmed Banque Internationale à Luxembourg’s post-Dexia ratings. Read article »
Finance: Two of the main global credit agencies have affirmed Banque Internationale à Luxembourg’s post-Dexia ratings. Read article »
Tuesday, October 16, 2012
“The Best Water Skier in Luxembourg”
Delano.lu | 16 October 2012
Media: A London-based sociologist and writer has published the premiere instalment of a crowd-funded book on niche high performers. Read article »
Media: A London-based sociologist and writer has published the premiere instalment of a crowd-funded book on niche high performers. Read article »
Monday, October 15, 2012
Bruyneel leaves Luxembourg team
Delano.lu | 15 October 2012
Sport: The general manager of the Schleck brothers’ cycling team has parted ways with the group after being implicated in the Lance Armstrong doping scandal. Read article »
Sport: The general manager of the Schleck brothers’ cycling team has parted ways with the group after being implicated in the Lance Armstrong doping scandal. Read article »
Friday, October 12, 2012
Uni app to beat traffic
Delano.lu | 12 October 2012
Technology: A University of Luxembourg computer lab has launched a mobile app to help drivers more efficiently navigate the Grand Duchy’s roads. Read article »
Technology: A University of Luxembourg computer lab has launched a mobile app to help drivers more efficiently navigate the Grand Duchy’s roads. Read article »
Thursday, October 11, 2012
Mersch to get hearing
Delano.lu | 11 October 2012
EU: The European Parliament will hold hearings on the nomination of Yves Mersch to the European Central Bank’s executive board on October 22. Read article »
EU: The European Parliament will hold hearings on the nomination of Yves Mersch to the European Central Bank’s executive board on October 22. Read article »
Wednesday, October 10, 2012
Questions remain after summit
Delano.lu | 10 October 2012
Economy: Debate continued during a Eurogroup meeting in Luxembourg this week over a tax on financial transactions and EU-wide banking regulation. Read article »
Economy: Debate continued during a Eurogroup meeting in Luxembourg this week over a tax on financial transactions and EU-wide banking regulation. Read article »
Euro fund launches
Delano.lu | 10 October 2012
Economy: Europe’s permanent bailout fund officially got off the ground during a summit in Luxembourg this week. Read article »
Economy: Europe’s permanent bailout fund officially got off the ground during a summit in Luxembourg this week. Read article »
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Monday, October 8, 2012
Embracing a mixed workforce
Delano.lu | 8 October 2012
Demographic challenge: Forty Luxembourg employers have signed the brand new “Diversity Charter” which aims to promote inclusiveness in the workplace. Read article »
Demographic challenge: Forty Luxembourg employers have signed the brand new “Diversity Charter” which aims to promote inclusiveness in the workplace. Read article »
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Friday, October 5, 2012
Tempest in a bottle
Delano.lu | 5 October 2012
Finance: The managers of the “Nobles Crus” wine investment fund have firmly rejected Belgian and British press reports that they have over-valued the bottles in their portfolio. Read article »
Finance: The managers of the “Nobles Crus” wine investment fund have firmly rejected Belgian and British press reports that they have over-valued the bottles in their portfolio. Read article »
Thursday, October 4, 2012
Summer community
Delano | 4 October 2012
Since our last edition, Luxembourg’s international
community took advantage of the warmer weather to celebrate milestones and to
raise money for worthy causes. Read article »
Variety is the spice of life
Delano | 4 October 2012
Several Luxembourg firms have vowed to be more inclusive.
Is it the key to Europe’s demographic challenges? Read article »
“It’s not ‘against’ anybody else”
Delano | 4 October 2012
Luxembourg’s foreign minister talks to Delano about the
Grand Duchy’s UN Security Council candidacy. Read article »
The UCITS brand
Delano | 4 October 2012
European Commission has issued a draft directive for the
fifth iteration of UCITS, the cross-border mutual fund rules that forms the
heart of Luxembourg’s financial centre. Read article »
Summer networking
Delano | 4 October 2012
Since our last edition, the Grand Duchy’s business
community profited from the warm weather. Read article »
Flight connections
Delano | 4 October 2012
Airline competition is heating up. But do you know the
best way to get on board? Read article »
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