Featured EU approves €520m for Luxembourg’s green transition Aya El Sayed Oct 13, 2024 0 The European Commission has approved two Luxembourgish schemes with a total budget of €520 million to support the…
Featured Google wins EU legal battle over €1.5b fine Aya El Sayed Sep 18, 2024 0 Google won a significant legal battle against the European Union (EU), overturning a €1.5 billion ($1.7 billion)…
Featured Eurozone producer prices rise in July ’24 Aya El Sayed Sep 5, 2024 0 Industrial producer prices rose by 0.8 per cent in July 2024, in both the euro area and the EU, up from a 0.6 per…
Banks Philippines posts $1.38b net foreign investment inflow in July Nada Ali Sep 1, 2024 0 The Philippines received a net inflow of $1.38 billion in foreign investments, as reported by the central bank.
Featured Euro area annual inflation up to 2.9% – Eurostat Sama Mousa Jan 17, 2024 0 The Euro area annual inflation rate rose in December 2023 to 2.9 per cent, going up from 2.4 per cent in November,…
Banks Bank of America opens branch in Luxembourg Yassmine Elbehnaihy May 11, 2023 0 Bank of America (BofA) has opened a new branch in Luxembourg on Tuesday, as the bank works on expanding its…
International News Luxembourg FinMin: Punishing City of London after Brexit would harm EU Yomna Yasser Oct 24, 2017 0 The City of London must remain the top global financial centre after Brexit to avoid its financial services…
Tech news Luxembourg could appeal against the EU’s $294mn Amazon tax bill: FinMin Yomna Yasser Oct 10, 2017 0 Luxembourg is assessing whether to appeal against the European Union's order to reclaim nearly $300 million in…
International News Cyprus, Ireland, Malta, Luxembourg to be hardest hit by Brexit – KPMG research Yomna Yasser Mar 2, 2017 0 The Republic of Ireland, Cyprus, Malta and Luxembourg look set to be the biggest losers from a deterioration in…
Banks Egyptian tycoon Sawiris plans to set up Luxembourg-based SME bank Yomna Yasser Mar 8, 2016 0 Egyptian billionaire businessman Naguib Sawiris plans to invest €50 million ($55 million) to establish a bank in…