News

November 25, 2019 Business news The magic of Christmas is slowly settling in the capital LUXEMBOURG - The capital is immersed in the magic of Christmas after the opening of the "Winterlights". Residents and tourists are beginning to enjoy it. Smells of mulled wine and cinnamon, fairy... November 18, 2019 Business news STOCK EXCHANGE - Luxembourg strengthened in the stability of the euro The European Stability Mechanism celebrated the first issue of an obligation governed by Luxembourg law, replacing the British regime that had prevailed so far. Brexit or not Brexit? The statement... September 6, 2019 Business news "When 'fintech' transforms life insurance"   A key player in the marketplace, the life insurance industry is not recognized as the premier to be embarked on a digital transformation. "Life insurance is an old lady," said Christophe Hucque,... August 30, 2019 Business news 58 companies and 80 jobs born through microcredit LUXEMBOURG - L'institution de microcrédit, créée il y a plus de trois ans, indique avoir permis de financer la création de près de 60 entreprises et d'environ 80 emplois. Since its creation in... August 23, 2019 Business news KBL epb bank makes acquisition in Switzerland LUXEMBOURG/ZURICH - The Luxembourg-based bank on Tuesday announced the acquisition of Bank am Bellevue, a Swiss asset manager, whose business it wants to expand. The bank KBL epb is establishing... August 16, 2019 Business news A robust economy, but challenges to be solved LUXEMBOURG - OECD Secretary-General Angel Gurria on Wednesday presented his institution's study on Luxembourg's economic prospects. Luxembourg's economy is still doing well, and the country has... August 9, 2019 Business news SCNI has more than tripled its financial support LUXEMBOURG - The National Credit and Investment Corporation, which co-finances business projects, has awarded 60 million euros in 2018. SNCI has significantly increased its financial support to... August 5, 2019 Business news Insurance is starting to benefit from Brexit LUXEMBOURG - Business departures in the insurance market are offset by the arrival of new ones, particularly from the United Kingdom. The promising future of the non-life insurance sector in... July 26, 2019 Business news Internet offers "more and more interesting" LUXEMBOURG - While customers want more data for mobile Internet and more speed for fixed Internet, operators' offers follow, according to the IRL. "Consumers in Luxembourg today want more data for... July 12, 2019 Business news The Token becomes more and more mobile CAPELLEN- Luxtrust, a company specializing in digital identity, diversifies its activities and spreads internationally, with France and Belgium as priorities. Luxtrust is known for its Token, which... July 5, 2019 Business news 64% of residents are followers of social networks LUXEMBOURG - Facebook, Twitter and other Instagram are increasingly popular in Europe, according to a study. Luxembourg is not immune to the trend The use of social networks is increasingly... June 14, 2019 Business news ICBC Luxembourg admitted to the stock market   The Luxembourg branch of the Chinese bank ICBC has been approved as a new trading member of the Luxembourg Stock Exchange. This is the first Chinese bank to include the list of the 25 trading... June 12, 2019 Business news "WE WILL LAUNCH SUSTAINABLE FINANCE TRAINING" The "Stock Exchange Day" on Thursday, May 23, will deepen the theme of sustainable finance, placing the cursor on the UN Sustainable Development Goals. But finance never stays very far, as explained... May 31, 2019 Business news The country is banking on a new digital strategy LUXEMBOURG - The government has given the starting point for a more aggressive strategy on data processing. The production and storage of mass data (big data) is exploding, in connection with the... May 24, 2019 Business news European elections over several days   LUXEMBOURG - This year, 283,683 people registered in Luxembourg for the Europeans. But not everyone will vote the same day. Explanations. Some have already voted in person or by... May 17, 2019 Business news ING Luxembourg surprised by its good results LUXEMBOURG - The lion bank has achieved satisfactory financial results in 2018, despite an environment deemed very difficult. "2018 was even better than 2017, which was a record year," said... May 3, 2019 Business news The euro zone economy offers good surprises The gross domestic product of the 19 countries that adopted the single currency rose 0.4% in the first three months of the year, according to figures released Tuesday. The euro zone economy started... April 26, 2019 Business news Decathlon will establish itself in Luxembourg LUXEMBOURG - The French chain of sporting goods stores, Decathlon, plans to open a first point of sale in the Grand Duchy in the coming months. A first Decathlon store is expected to open in... April 19, 2019 Business news 20 million euros available for SMEs LUXEMBOURG - The extension of an agreement related to the Juncker plan, which guarantees loans to small and medium-sized businesses, was announced Wednesday The European Investment Fund (EIF) and... April 12, 2019 Business news Luxembourg is organizing for Brexit LUXEMBOURG  Residence, schooling, driving license ... Luxembourg has prepared many possibilities for its British nationals. The political uncertainty still hovers around the exit of the United... April 5, 2019 Business news BGL BNP PARIBAS INVESTS IN DIGITAL SERVICES BGL BNP Paribas posted a net profit of 338.9 million euros in 2018, against 365.8 million in the previous year, according to results presented Thursday. The decline is 7.47% over one year. "There... March 29, 2019 Business news Another AAA confirmed for Luxembourg LUXEMBOURG - The rating agency Standard and Poor's confirmed the triple A of Luxembourg, with a stable outlook. The Finance Ministry said Friday night that Standard and Poor's (S & P)... March 13, 2019 Business news Luxembourg remains 2nd world financial center LUXEMBOURG - Brexit is destabilizing players and markets for investment funds, but the Luxembourg market is trying to profit from it. The Luxembourg investment fund industry has maintained its... October 22, 2018 Business news New Luxembourg real estate website goes online The website was launched last Saturday. VIVI.lu is currently being presented at an information booth at the "home and living" fair at Luxexpo. VIVI.lu was created in cooperation with the... October 5, 2018 Business news Will US hotel chain Marriott buy former Alfa hotel in Luxembourg Gare? The former Alfa hotel opposite the Luxembourg City central train station has been standing empty for almost two years, but possibly not for very much longer. According to information received by... August 31, 2018 Business news Europe should be on summertime forever, Juncker says Commission expected to recommend EU member states abolish daylight-savings time The European Union should scrap daylight-savings time changes and keep its clocks always on what is currently... August 27, 2018 Business news Fruit can be harvested two weeks earlier than usual The quantity and the quality is right, now it's time to harvest. The apple harvest has started two weeks earlier than usual on the ''Steeseler Plateau'' in Steinsel. Orchard visitors can choose... August 17, 2018 Business news A stroll down Schueberfouer memory lane With Luxembourg's Schueberfouer opening just a week away, Luxembourg Times examines the history of the traditional funfair The smell of fish frying and "Gromperekichelcher" mixes with loud squeals... August 3, 2018 Business news Luxembourg's quality of life reasserted SEDA - European dominance Luxembourg came 4th on the 'Sustainable Economic Development Assessment' (SEDA) ranking, just after Norway, Switzerland and Iceland. Compared to last year, the Grand Duchy... July 23, 2018 Business news Luxembourg is one of world's internet speed champs Country now ranks 8th out of 200 states surveyed for broadband speed A study by M-Lab lists Luxembourg number eight among the countries with the highest internet speed in the world, behind... July 13, 2018 Business news Seven companies rewarded for their "positive actions" The 5th edition of the "Positive Actions" award ceremony in 2018 put in the limelight the merit of establishments that made gender equality the cornerstone of their social policy. A large... June 29, 2018 Business news Belgian investor snaps up €50m Kirchberg office Alides' first deal in Luxembourg comes amid sluggish growth in Belgian office market Belgian developer and investor Alides has bought the Espace Kennedy B office building in Kirchberg for... June 15, 2018 Business news Eaglestone swoops on former bank office opposite Gare Centrale Belgian developer to invest €45m into project, plans offices, housing and retail Belgian developer and investor Eaglestone has bought Banque de Luxembourg's old office by Luxembourg City's train... March 12, 2018 Business news Luxembourg has world's best passport New research places Grand Duchy at top of list for visa-free travel, dual-nationality rights and citizens' freedom Luxembourg nationals have the best passport in the world, according to a new study... March 2, 2018 Business news Luxembourg picked by more than 20 finance firms after Brexit vote Luxembourg picked by more than 20 finance firms after Brexit vote Banks, insurers and fund managers chose Grand Duchy Luxembourg has clocked in more than 20 "top-ranked" finance firms over the... September 15, 2017 Business news Luxembourg, the 2nd least stressful city. A new study that focuses on stress factors in 150 cities around the world places Luxembourg-city in second position of the agglomerations least affected by this phenomenon. The authors of this... June 9, 2017 Business news The Netherlands passes the baton to Luxembourg to become the 2017 hotspot for the circular economy Luxembourg is keen to showcase circularity in action by exhibiting the progress achieved over the past two years at the Luxembourg Circular Economy Hotspot 2017. This major three-day event will... March 31, 2017 Business news The Grand Duchy - a financial marketplace of choice The 21st edition of the Global Financial Centres Index has just been published. The Grand Duchy ranks 18th worldwide, and 1st in the euro area. The London consultants Z/Yen have just published... March 21, 2017 Business news Luxembourg maintains Standard & Poor's triple-A rating US ratings agency Standard & Poor's (S&P) has maintained the triple-A rating assigned to Luxembourg with a "stable outlook". After Moody's earlier this month, it was S&P's turn to grant the Grand... September 9, 2016 Business news Luxembourg wages could be indexed before end 2016 Earners in Luxembourg could see a little windfall in their paypackets before the end of the year, as consumer prices inch closer to the threshold for wages to be indexed. According to data analysts... October 2, 2015 Business news Luxembourg at the 5th place of the European cities Luxembourg climbs from 7th to 5th place September 18, 2015 Business news Once again, Wiltz turns into the city of lanterns Fire-eaters, magic sound installations and of course brightly coloured handmade lanters: Lanterns Night in Wiltz has been fascinating increasing numbers of visitors since 2007. The 2015 edition, to...