Tuesday, January 31, 2012

Finck and Helminger to take Hoffmann’s place

Delano.lu | 31 January 2012
Aviation: Jean-Claude Finck and Paul Helminger will take over the board seats to be vacated by Marc Hoffmann, Delano has learned. Read article »

Hoffmann resigns

Delano.lu | 31 January 2012
Aviation: The chair of Luxair’s board of directors and Cargolux board member announced his resignation from the air transport companies on Monday afternoon. Read article »

Monday, January 30, 2012

Hoffmann to resign

Delano.lu | 30 January 2012
Aviation: The chair of the boards of directors of Luxair and Cargolux is expected to announce his resignation on Monday afternoon. Read article »

Privacy overhaul revealed

Delano.lu | 30 January 2012
Technology: Brussels has proposed a “comprehensive reform” of Europe’s data protection rules, introduced in 1995, which could force Luxembourg to rewrite its laws and American firms to rewrite their policies. Read article »

Businesswoman of the year

Delano.lu | 30 January 2012
Entrepreneurship: Architect Françoise Folmer received the “BIL Woman Business Manager of the Year Award” on Wednesday. Read article »

Friday, January 27, 2012

Multiple CDDs OK, says ECJ

Delano.lu | 27 January 2012
Labour law: Employers may use an indefinite number of back-to-back fixed-term contracts, the European Court of Justice said on Thursday. Read article »

Thursday, January 26, 2012

Appointment blasted by British MEPs

Delano.lu | 26 January 2012
European Union: Jacques Santer has been named to head a special euro zone bailout fund, prompting criticism from members of the European Parliament. Read article »

Wednesday, January 25, 2012

Getronics to change hands

Delano.lu | 25 January 2012
Technology: KPN plans to sell a majority stake in its IT services unit Getronics, the Dutch telecoms firm announced on Tuesday. Read article »

Tuesday, January 24, 2012

BCEE still AA+

Delano.lu | 24 January 2012
Finance: Standard & Poor’s re-affirmed its second highest rating on state-backed Banque et Caisse d’Epargne de l'Etat on Monday. Read article »

Monday, January 23, 2012

Epuramat enters Austria market

Delano.lu | 23 January 2012
Eco-tech: A Contern-based wastewater treatment firm has won its first contact in Austria, its fifth European and seventh worldwide market. Read article »

Friday, January 20, 2012

Frieden helps lay first ISL stones

Delano.lu | 18 January 2012
Education: The International School Luxembourg held a stone laying ceremony at its Geesseknaeppchen campus this week, to mark progress on its major growth plans. Read article »

Wednesday, January 18, 2012

EFSF survives S&P fallout

Delano.lu | 18 January 2012
Sovereign debt: Europe’s rescue fund has so far remained unscathed by the flurry of Standard & Poor’s bond downgrades. Read article »

Tuesday, January 17, 2012

Rescue fund relegated

Delano.lu | 17 January 2012
Sovereign debt: In a widely anticipated move, the credit rating of the euro zone’s bailout fund was downgraded by Standard & Poor’s Monday night. Read article »

Monday, January 16, 2012

EFSF may be hit by S&P downgrade

Delano.lu | 16 January 2012
Sovereign debt: The euro zone’s bailout fund may see a dramatic rise in its cost of borrowing following Standard & Poor’s downgrade of several countries’ debt scores on Friday. Read article »

Friday, January 13, 2012

More bank bailouts possible, Frieden says

Delano.lu | 13 January 2012
Sovereign debt: The “crisis of confidence” in Europe has not passed, Luxembourg’s finance minister told the British Chamber of Commerce on Wednesday. Read article »

Thursday, January 12, 2012

British wanted, Frieden says

Delano.lu | 12 January 2012
Euro crisis: Europe needs the UK but not a Tobin Tax, the finance minister told a British Chamber of Commerce event on Wednesday. Read article »

Wednesday, January 11, 2012

Velodrome goes to Mondorf

Delano.lu | 11 January 2012
Sport: A long mooted plan to build an indoor cycling training facility was finally unveiled and immediately met with controversy on Tuesday. Read article »

Tuesday, January 10, 2012

Account closed after attack

Delano.lu | 10 January 2012
Computer security: Anonymous Belgium’s channel on YouTube was blocked following its hijacking of ArcelorMittal’s website. Read article »

Monday, January 9, 2012

International students rise

Delano.lu | 9 January 2012
Education: Foreign students make up approximately 40 percent of total pupils in public and private schools, according to figures released on Friday. Read article »

Friday, January 6, 2012

ArcelorMittal site hacked

Delano.lu | 6 January 2012
IT: The Belgian branch of hacker group Anonymous hijacked the website of the world’s largest steel group, ArcelorMittal, early Friday morning. Read article »

GDP and inflation still creeping up

Delano.lu | 6 January 2012
Economy: Luxembourg’s GDP grew slightly over the summer, while consumer inflation remained above three percent in December, Luxembourg’s statistics agency said this week. Read article »

Thursday, January 5, 2012

Surprise move

Delano.lu | 5 January 2012
Automotive: Luxembourger Jean-Marc Gales is leaving his post as the number two of French carmaker PSA Peugeot Citroën. Read article »

Wednesday, January 4, 2012

Euro fund’s new bonds

Delano.lu | 4 January 2012
Financial crisis: The Luxembourg-based euro zone bailout fund announced a third type of debt vehicle on Tuesday, despite clouds hanging over its top-notch credit rating. Read article »

Tuesday, January 3, 2012

Fuel prices up

Delano.lu | 3 January 2012
Energy: The price at the pump rose on Tuesday, as the government’s official price for petrol climbed two and a half cents per litre. Read article »

Monday, January 2, 2012

New rules for the new year

Delano.lu | 2 January 2012
Current affairs: A host of changes to the tax, wage and health systems, local governments and to the traffic code are taking effect in 2012. Read article »