Luxembourg News

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EU says McDonald's, Luxembourg tax deal not illegal

BRUSSELS (Reuters) - McDonald's (MCD.N) avoided having to repay millions of euros in back taxes after EU antitrust regulators said that its tax deal with Luxembourg was not illegal, citing quirks in the Grand Duchy's bilateral tax treaty with the United States. The decision by the European Commissi


Reyl & Cie acquires Luxembourg bank to boost EU presence

The transaction is subject to regulatory approval and is expected to be completed in the first quarter of 2019.This acquisition will boost the Reyl Group’s assets by approximately €800 million, while also stepping up its presence in Luxembourg and the EU.Reyl has had representation in Luxembourg sin


Reyl Snaps Up Luxembourg Bank

Geneva-based Reyl is acquiring Oehman Bank in Luxembourg, which is part of a Swedish family-owned financial services group, the banksaid in a statementon Monday. Neither party disclosed the purchase price.


European Union Ends Inquiry Into Luxembourg’s Tax Deal With McDonald’s

The European Commission, the bloc’s executive arm, had been examining whether a deal that Luxembourg granted to McDonald’s may have led to the fast food chain’s paying less tax than it owed. The commission said Wednesday that these deals did not constitute illegal state aid.


Wellcome Trust’s student housing firm held in Luxembourg

Earlier this year,THElooked at pay packagesin the UK’s biggest student accommodation providers, finding that the highest-paid director at IQSA Services Ltd, part of the iQ group of companies, received just over £1 million in 2016-17.


Arris R-PHY DAA Tech Deployed By Eltrona in Luxembourg

Eltrona is using the Arris E6000 Gen 2 converged cable access platform, along with E6000N R-PHY, which provides both the CCAP core and R-PHY device. In this approach, which is defined in the CableLabs Modular Headend Architecture, the PHY layer is moved from the CCAP into a node or remote shelf, but


Luxembourg foreign minister: Salvini spreading language of 'hate and division'

Luxembourg's Foreign Minister Jean Asselborn said an emerging front between Italy and Hungary is sowing "the language of hate and division," after a video of his altercation with Matteo Salvini over migration policy went viral. "It was enough. You can't have such language in EU meetings, we can't al


Lab-death case, harassment rules and Luxembourg’s new space agency

France admits role in lecturer’s murderFrench President Emmanuel Macron has officially recognized that the French army tortured and killed mathematician Maurice Audin during the Algerian War of Independence. Macron presented a statement to Audin’s 87-year-old widow, Josette, at the family home near


Brexit latest: ‘UK must pay for solidarity’ – demands Luxembourg leader | Politics | News – UK

Mr Bettel was speaking to reporters at a summit in Salzburg, Austria this morning.The two-day event will see informal talks take place between the EU’s 28 member states, with Brexit taking centre stage.He said: “It’s not a question of power. It’s a question of respect.“I listened to Theresa May care


Eltrona Brings 1Gbps Broadband to Luxembourg with ARRIS DOCSIS® 3.1 Technology

SUWANEE, Ga., Sept. 18, 2018 /PRNewswire/ --ARRIS International plc(NASDAQ: ARRS) and Luxembourg's cable incumbent,Eltrona, have joined forces to launch the first ultra-high-speed 1GBps broadband service in Luxembourg.The Eltrona network uses ARRIS R-PHY Distributed Access Architecture (DAA) technol


Kleos Space selects Rocket Lab for launch of its first satellites - SpaceNews.com

ORLANDO — Kleos Space, a company developing a constellation of satellites for radiofrequency geolocation work, will launch its first satellites in 2019 with Rocket Lab under a deal announced Sept. 19.


Luxembourg FM sparks Italy ire with 'fascist' jibe - Breitbart

“I stand by what I said,” he told Spiegel Online this weekend, adding: “It was a calculated provocation.”


No Deal, No Problem as Luxembourg Welcomes Brexit Bankers' Kids

Starting on Monday, parents will be able to send their children to one of four recently opened free state-schools offering whole departments delivering an English-language curriculum, with the added bonus of teaching French or German, plus Luxembourgish.


McDonald's spared in EU tax probe

With the decision, the maker of Big Mac and McNuggets escapes the fate of US giants Apple, Starbucks and Amazon, which were ordered by the EU to repay big amounts in back taxes, angering Washington.


National Flag Carrier Of Luxembourg Chooses FL Technics

FL Technics, an integrated aircraft maintenance, repair, and overhaul services provider, has recently signed long-term contract with Luxair S.A., Société Luxembourgeoise de Navigation Aérienne, the regional flag carrier airline of Luxembourg for MRO services. The MRO services will be provided to the


Luxembourg Wort's Bob Hemmen chats to Team 33's Raf Diallo as good results pile up

The tiny nation, which punches well above its weight in nearly every other domain outside sport, has a long football history but has barely made an impact in the century since their first international match against France in 1911 when they lost 4-1 to France.


EU Official Caught In Vulgar Outburst Reacting To Italy's Salvini On Migrants

Salvini was presenting the rationale for his staunch opposition to accepting more migrants and refugees crossing the Mediterranean from Africa—a deeply unpopular opinion among EU leadership, however something that's launched him to popularity in his own Italy—andexplained that Italians and other Eur


Luxembourg Jobless Rate Steady For Second Month - ForexTV

The number of unemployed people totaled 15,474 in August, down from 15,496 in the prior month. A year ago, it was 16,308.


DoubleTree Luxembourg review: solid pick outside the city center - Points with a Crew

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Luxembourg's Eltrona deploys Docsis 3.1 with Arris E6000 platform

Arris relied on an R-PHY Distributed Access Architecture (DAA), enabling Docsis 3.1 via its E6000 Gen 2 platform. Eltrona also selected Arris’ Docsis 3.1 home gateway (Touchstone TG3442), which serves as a Wi-Fi hub for high-speed data, voice and IP video services.