Search Results for: Luxembourg
Companies sign secret tax deals with Luxembourg: report
November 6th, 2014
More than 300 companies, including PepsiCo Inc(PEP.N), AIG Inc (AIG.N) and Deutsche Bank AG (DBKGn.DE), secured secret deals from Luxembourg to slash their tax bills, the International Consortium of Investigative Journalists (ICIJ) reported, quoting leaked documents. The companies appear to have ...
Banque Internationale À Luxembourg Opens DIFC Branch
October 31st, 2014
Banque Internationale à Luxembourg (BIL), the oldest bank in Luxembourg, announced on October 27, 2014, that it has opened its first United Arab Emirates (UAE) branch in the Dubai International Financial Centre (DIFC). The bank said the opening of ...
Suspension of payments for Assya Asset Management Luxembourg S.A.
October 29th, 2014
Luxembourg’s financial regulator has issued an announcemnt that in accordance with Article 60-2 of the law of 5 April 1993 on the financial sector, the company ASSYA ASSET MANAGEMENT LUXEMBOURG S.A. has filed an application for suspension of payments ...
Amazon to face EU investigation over Luxembourg tax deal
October 7th, 2014
The European Commission is set to begin a formal probe into allegations that Luxembourg allowed Amazon.com Inc to benefit illegally from state subsidies for its European operations for almost 10 years, the Financial Times reported on Monday. The investigation ...
Rents and house prices in the EU have continued their steady increase
October 12th, 2022
Rents and house prices in the EU have continued their steady increase in the second quarter of 2022, going up by 1.7% and 9.9%, respectively, compared with the second quarter of 2021. This information comes from data on rents ...
House sales increase in 2021 in the majority of EU Member States
July 26th, 2022
In 2021, the number of housing transactions, when compared with 2020, increased in the majority of EU Member States for which data are available. This increase comes after a drop in nearly all countries in 2020 compared to 2019. ...
Online spending volume has expanded in the past few years
April 14th, 2022
Online spending volume has expanded in the past few years, with the value of digital payments worldwide expected to grow at a compound annual growth rate (CAGR) of 15% between 2021 and 2028. This includes both business-to-business (B2B) and ...
Employment up, labour market slack down in Q4 2021
April 14th, 2022
In the EU, the employment rate of people aged 20-64 stood at 74.0% in the fourth quarter of 2021, which represents an increase of 0.5 percentage points (pp) compared with the third quarter of 2021. The labour market slack, ...
How much money does your government allocate for R&D?
September 17th, 2021
In 2020, the total government budget allocations for R&D (GBARD) across the EU stood at €100 786 million, equivalent to 0.8% of GDP. This information comes from data on government budget allocations for R&D published by Eurostat. In 2020, ...
Commission starts legal action against 23 EU countries over copyright rules
August 4th, 2021
France, Spain, Italy and 20 other EU countries may be taken to court for their tardiness in enacting landmark EU copyright rules into national law, the European Commission said on Monday as it asked the group to explain the ...
