Luxembourg News

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EU to remove Panama, Korea, UAE, 5 others from tax haven blacklist

BRUSSELS (Reuters) - European Union officials have proposed removing eight jurisdictions from the blacklist of tax havens the bloc adopted in December, in what critics may see as a blow to its campaign against tax avoidance. EU states decided last month to draw up the list in a bid to discourage th

REUTERS UK - 2018-01-15 16:49:01

Berlin Film Festival Fleshes Out Competition Lineup

CREDIT: Strophic Productions The competition lineup for the Berlin International Film Festival is taking shape with the organizers adding raft of new titles Monday including Robert Pattinson-starrer "Damsel." There are new competition entries for the 68th edition of the Berlin Film Festival hail fro

VARIETY - 2018-01-15 13:28:23

Renault and Bilia open Showroom for electric cars

In conjunction with the launch of Renault's new store concept "Renault Z.E. - Electric Vehicle Experience Centre", Bilia and Renault have signed a cooperation agreement entailing that Bilia will sell Renault's electric cars at the Tby Centrum shopping centre. Scheduled to open at the end of February

GLOBENEWSWIRE.COM - 2018-01-15 15:00:00

Bernard Tomic Out Of Australian Open and Maybe For Good

NEW YORK, NY - AUGUST 28: Bernard Tomic of Australia reacts during his first round Men's Singles match against Gilles Muller of Luxembourg on Day One of the 2017 US Open at the USTA Billie Jean King National Tennis Center on August 28, 2017 in the Flushing neighborhood of the Queens borough of New Y

LOBANDSMASH.COM - 2018-01-14 23:51:43

U.K. Gets Financial-Services Hope as EU27 Hone Brexit Demands

The U.K. shouldn't give up hope of getting financial services included in a final trade agreement with the European Union, with a Bloomberg survey of the EU's 27 remaining governments revealing divergences of opinion. While nearly all of the EU's capitals consider maintaining unity of the bloc their


World Legal News Round Up for Saturday, 13 January 2018

[JURIST] Here's the international legal news we covered this week: The Luxembourg Court of Cassation on Thursday reversed [judgment, in French] the conviction of "LuxLeaks" whistleblower Antoine Deltour who had leaked thousands of documents revealing tax breaks for major companies. [more] Eleven Gua


Money-laundering probe opened into AC Milan sale - reports

Rome (AFP) - Italian prosecutors have opened an investigation into whether the deal to sell AC Milan to Chinese investors last year was inflated for money-laundering purposes, La Stampa reported on Saturday. Milan prosecutors want to know if the 740 million euros ($786 million) paid to Silvio Berlus


Luxembourg high court reverses conviction of whistleblower

[JURIST] The Luxembourg Court of Cassation on Thursday reversed [judgment, in French] the conviction of "LuxLeaks" whistleblower Antoine Deltour who had leaked thousands of documents revealing tax breaks for major companies. Deltour, an employee at PricewaterhouseCoopers (PWC), disclosed tax agreem


Press release : Transparency Declaration - Norges Bank

Press Release Brussels, 12 January 2018 Regulated information Transparency Declaration Brussels, 12 January 2018 - Orange Belgium hereby discloses information in accordance with Article 14 of the Law of 2 May 2007 and the related Royal Decree of 14 February 2008: On 3 January 2018, Orange Belgium r


CNA Hardy Names Middleton as CEO of Luxembourg Unit, Its Post-Brexit EU HQ

CNA Hardy, a specialist commercial insurance provider for clients within the Lloyd's and company markets, has appointed Stuart Middleton as CEO of its Luxembourg subsidiary, subject to regulatory approval. The company set up a subsidiary in Luxembourg as its post-Brexit EU headquarters in order to a


Germany secures the top spot in the 2018 Henley Passport Index

According to the 2018 edition of the Henley Passport Index, German citizens currently enjoy visa-free access to 177 countries, making their passport the most powerful in the world. Second globally is Singapore which has visa-free access to 176 countries, while eight countries - Denmark, Finland, Fra


Luxembourg Airport saw record passengers in 2017

Published on : Friday, January 12, 2018 Luxembourg Airport saw a record number of passengers in the last year- 2017 with a setting of 3.6 million passengers. Previously called as Findel Airport, the airport has overall increase of passengers that counted about 20%. Almost all the domestic and intern


Luxembourg to spend 60m on tourism over next 5 yrs

In order to give a major boost to the tourism sector Luxembourg's economy ministry has earmarked 60m over the next five years. Announcing the 2018-2022 strategy on Wednesday (10 January), economy ministry secretary of state Francine Closener said the new budget represented a 30per cent increase on


ICYMI, There's an Entire Fake Paris (Eiffel Tower and All) in China

A post shared by - (@laura.shao) on Aug 20, 2017 at 4:48am PDT They say imitation is the sincerest form of flattery, so France should feel pretty cool right now - there's an entire replica of Paris in eastern China. Tianducheng is a luxury real estate development in Hangzhou that boasts its own 300-


Ageas: Transparency notification

In accordance with the rules on financial transparency*, Ageas notifies that on 5 January 2018 its shareholding stands at 5.00%. * article 14, paragraph 1 of the law of 2 May 2007 on disclosure of major holdings us provisions. Ageas is a listed international insurance Group with a heritage spanning


Court overturns verdict against Luxembourg tax whistleblower

BRUSSELS (AP) - A Luxembourg court has overturned a verdict against a former accounting firm employee who leaked thousands of secret documents to a journalist investigating sweetheart tax deals the government granted to big foreign companies. The Court of Cassation ruled Thursday that Antione Deltou


Court overturns verdict against LuxLeaks whistleblower

Luxembourg’s highest court today overturned a verdict against a whistleblower who leaked documents that exposed huge tax breaks for major international companies in the so-called LuxLeaks scandal. Antoine Deltour had been convicted and given a six-month suspended jail sentence for his role in the 20


EU wants world's fastest supercomputer by 2023 for 1B

The European Union (EU) has launched a new 1 billion project to eventually build the world's fastest supercomputer by 2023; overtaking the likes of the U.S., China, and Japan. The exascale computer is expected to be capable of achieving one quintillion calculations per second. Despite the EU's ambit


MOVES-EFG International, CNA Hardy, BNP Paribas

January 11, 2018 / 2:13 PM / a few seconds ago Jan 11 (Reuters) - The following financial services industry appointments were announced on Thursday. To inform us of other job changes, email moves@thomsonreuters.com. EFG INTERNATIONAL AG The Swiss private banking group appointed Christian Flemming a


Luxembourg court overturns verdict against Luxleaks whistleblower

Luxembourg (AFP) - A Luxembourg court on Thursday overturned the verdict against a "Luxleaks" whistleblower who was convicted of leaking thousands of documents that revealed tax breaks for multinational firms. Luxembourg's highest court rejected the conviction against former PricewaterhouseCoopers e