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Luxembourg News Headlines

Luxembourg Ink-Outs Not Dark Enough to Hide Shiny Tax Deals
Luxembourg, facing a European Union probe into sweetheart tax deals with multinationals, systematically blacked out company names on documents sent to the EU in a bid to protect businesses, according to two people familiar with the investigation. The redaction wasn't enough to prevent the EU from starting a probe into a tax arrangement with Fiat Finance & Trade SA, a Luxembourg unit of the ...(7/15/2014 11:37:18 AM)
Fitch Affirms Luxembourg at 'AAA'; Outlook Stable
LONDON, July 18 Fitch Ratings has affirmed Luxembourg's Long-term foreign and local currency Issuer Default Ratings at 'AAA'. The Outlooks are Stable. The issue ratings on Luxembourg's senior unsecured ...(7/18/2014 4:16:40 PM)
Luxembourg approves bill paving way for sukuk this year
Luxembourg's parliament passed a bill that will allow the AAA-rated government to issue its first Islamic bond later this year, becoming only the second European sovereign after Britain to tap the market for sukuk. The bill allows Luxembourg to securitise three government properties to back a sukuk worth 200 million euros ($275 million), designed to boost its Islamic finance credentials to ...(7/9/2014 9:00:00 PM)
Luxembourg bound — Alyssa Charlston will join Amicale Steinsel of the Luxembourg Total League
Alyssa Charlston is taking her talents to Luxembourg. The former Vandal announced yesterday that she signed a professional basketball contract with Amicale Steinsel. “My coaches really have made me the player that I am today,” Charlston said. ...(7/23/2014 12:54:20 AM)
SGG Luxembourg Licensed as a Professional Depositary of Alternative Assets Under AIFMD
The Management Committee of SGG Group is proud to inform you that SGG Luxembourg has successfully obtained its depositary license. The granting of this license reflects not only our commitment to offer ...(7/17/2014 2:00:00 AM)
ArcelorMittal announces the publication of sell-side analysts' consensus figures for second quarter 2014
Luxembourg, July 22 2014 - ArcelorMittal today announces the publication of sell-side analysts` consensus forecasts for ArcelorMittal`s second quarter 2014 Ebitda. The consensus figures are based on sell-side ...(7/22/2014 4:12:02 AM)
Research and Markets: ICT Market Report 2014/15 Belgium/Luxembourg
Research and Markets has announced the addition of the "ICT Market Report 2014/15 Belgium/Luxembourg" report t(7/4/2014 7:49:00 AM)
Microsoft Taxes Said to Face Scrutiny as EU Quizzes Luxembourg
“We are in constant contact with the European Commission on all these tax issues and Luxembourg is pretty confident in the way it handles its taxation issues and so we’re going to monitor the information with the commission and hand over the information that is requested,” Pierre Gramegna, Luxembourg Finance Minister, said today.(7/4/2014 10:25:14 AM)
EU widens tax probe into multinationals: source
By Michele Sinner and John O'Donnell LUXEMBOURG/BRUSSELS (Reuters) - The European Commission is widening its probe into how multinationals use countries such as Luxembourg to cut their tax bill, an official with knowledge of the matter said on Friday. Last month, the Commission warned Ireland, another EU country that offers companies offshore tax status, that it could investigate more companies ...(7/4/2014 10:28:34 AM)
Luxembourg launches probe into Espirito Santo holding companies
BRUSSELS/LISBON (Reuters) - Luxembourg's justice authorities have begun an investigation into three holding companies of Portugal's Espirito Santo banking family, the biggest shareholder in Portugal's largest listed bank which bears their name. Shares of Banco Espirito Santo (BES) (BES.LS) and ESFG (ESF.LS) - the only listed holding company of the three - as well as Portugal Telecom (PTC.LS ...(6/27/2014 3:09:59 PM)
Source: Yahoo