Thursday, May 31, 2012

Juncker tops Obama

Delano.lu | 31 May 2012
Society: Jean-Claude Juncker is more admired in the Grand Duchy than the Dalai Lama, Jesus and Barack Obama, a new survey of Luxembourg residents has found. Read article »

Wednesday, May 30, 2012

Dexia deal by July, says chief

Delano.lu | 30 May 2012
Finance: Dexia Asset Management could have new owners in a matter of months, Dexia Group CEO Pierre Mariani said in a newspaper interview published on Tuesday. Read article »

Tuesday, May 29, 2012

MasterCard looses fee case

Delano.lu | 29 May 2012
Legal: Europe’s second highest court has upheld a European Commission fine against the world’s second largest payment card network. Read article »

Friday, May 25, 2012

Murky waters

Delano.lu | 25 May 2012
Health: Luxembourg has the fifth worst bathing water quality in Europe, according to an EU report issued just in time for the summer swimming season. Read article »

Wednesday, May 23, 2012

Marathon shines spotlight on city

Delano.lu | 23 May 2012
Sport: Thousands of runners, performers and spectators participated in one of Luxembourg City’s best known and largest international events on Saturday. Read article »

Tuesday, May 22, 2012

Special victory

Delano.lu | 22 May 2012
Sport: A Luxembourg team triumphed in this year’s UEFA-sponsored international football tournament for developmentally disabled athletes, held in Hollerich. Read article »

Google warned by Brussels

Delano.lu | 22 May 2012
Competition: The EU has given Google “a matter of weeks” to offer a solution that could end its 18 month old antitrust investigation. Read article »

Monday, May 21, 2012

Airlines must pay

Delano.lu | 21 May 2012
Aviation: Air carriers in the EU should continue to pay compensation to travelers whose flights are delayed by three or more hours, a preliminary opinion by a jurist at Europe’s top court has said. Read article »

Friday, May 18, 2012

Frieden nixes tax plan

Delano.lu | 18 May 2012
Finance: Luxembourg and Austria have vetoed proposed changes to EU tax information sharing schemes, to the dismay of Brussels. Read article »

Wednesday, May 16, 2012

To ban, or not to ban

Delano.lu | 16 May 2012
Regulation: The proposed “MiFID II” regulations--that would revamp the EU’s Markets in Financial Instruments Directive--could force major changes in how mutual funds are sold, attendees at a conference organised by KPMG heard on Tuesday. Read article »

Tuesday, May 15, 2012

Avalanche, not tsunami

Delano.lu | 15 May 2012
Regulation: The coming “MiFID II” regulations--that update the EU’s Markets in Financial Instruments Directive--will have a wide-ranging impact on both the banking and investment spaces, attendees at a conference organised by KPMG heard on Tuesday. Read article »

Gaining steam

Delano.lu | 15 May 2012
Networking: The year-old German-Luxembourg Economic Initiative officially gained its 100th member last week. Read article »

Monday, May 14, 2012

African agreements

Delano.lu | 14 May 2012
Economic development: One of Mali’s best known economics professors was in the Grand Duchy to speak about EU-African trade policy. Read article »

Friday, May 11, 2012

Big lab for small stuff

Delano.lu | 11 May 2012
Science and technology: The CRP Gabriel Lippmann officially opened its new €4 million nanomaterials research lab in Belval this week. Read article »

Thursday, May 10, 2012

Second sale

Delano.lu | 10 May 2012
Industry: The world’s largest steelmaker plans to sell its stake in Luxembourg’s biggest energy firm, as ArcelorMittal continues to divest “non-core” assets. Read article »

Steel sales


Delano.lu | 10 May 2012
Industry: The world’s largest steelmaker plans to sell its stake in Paul Wurth and has no plans to restart production at its Florange plant, ArcelorMittal’s CEO said on Tuesday. Read article »

Two poles


Delano | 10 May 2012
With twenty five candles on their cake, the Grand Duchy’s public research centres are looking ahead to the next quarter century. Read article »

Three candles for the IBCL


Delano | 10 May 2012
The Indian Business Chamber of Luxembourg marked its third anniversary on April 16. Read article »

Legalese


Delano | 10 May 2012
A new English-language book on Luxembourg’s business law has just come out. Will it help attract more Silicon Valley firms to the Grand Duchy? Read article »

Legal limbo


Delano | 10 May 2012
A recent court ruling has the potential to dampen the development of personalised medicine and the biotechnology sector in Luxembourg, one of the government’s economic development pillars. Read article»

Turkish trade is hot


Delano | 10 May 2012
On the heels of strengthening diplomatic ties between the two countries, the Turkey Luxembourg Business Club held its premiere event on March 27. Read article »

Madoff fallout


Delano | 10 May 2012
Luxembourg was blasted by Brussels in a leaked draft of new cross-border investment rules. Fund managers eagerly await the official first draft--expected this month--to see if the Grand Duchy is still singled out. Read article »

Jobs safe, RBC Dexia chief says


Delano | 10 May 2012
The head of the custody bank’s Luxembourg operations says no positions will be eliminated following its change in ownership. Read article»

“It doesn’t help you to stay at home”


Delano | 10 May 2012
Three and a half year resident in Luxembourg Berglind Ómars gives her insight into living and working in the Grand Duchy. Read article »

Business meets pleasure


Delano | 10 May 2012
Representing one of hottest economies in South America economies, the group is not only about the bottom line. Read article »

Tuesday, May 8, 2012

SIFs not prepared, says advisor

Delano.lu | 8 May 2012
Finance: Small and mid-sized Specialised Investment Funds are still not ready for the big regulatory changes coming into effect this year, warns a Luxembourg service provider. Read article »

Best of city shops

Delano.lu | 8 May 2012
Retailing: Sixteen small businesses in Luxembourg City have been honoured for their smart decor. Read article »

Monday, May 7, 2012

Federalist debate

Delano.lu | 7 May 2012
Law: A seminar at the University of Luxembourg tackled the political and societal issues involved in creating an EU constitution. Read article »

Friday, May 4, 2012

First risk indicator report

Delano.lu | 4 May 2012
Regulation: Luxembourg’s consumer investment funds match European averages for risk, a new study by research firm Lipper has found. Read article »

Thursday, May 3, 2012

Marathon sold out, again

Delano.lu | 3 May 2012
Sports: The 7th ING europe-marathon Luxembourg has closed registration--for a second time--with a record number of runners expected to participate in the Saturday, May 19 event. Read article »

Wednesday, May 2, 2012

“AAA” rating confirmed

Delano.lu | 2 May 2012
Sovereign debt: Moody's Investors Service re-iterated the Grand Duchy’s top-notch credit rating in its annual review published late Monday night. Read article »

Clearstream has system in its sights

Delano.lu | 2 May 2012
Finance: The back office giant of Kirchberg has signed a deal to join TARGET2-Securities (T2S), an EU-wide trading settlement system. Read article »