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Profits, outlook beam at steelmaker ArcelorMittal

1 August 2018 | 0 comments

Rising prices and sales boosted profits at the world's top steelmaker ArcelorMittal, which said Wednesday that it sees global demand continuing to rise despite a spate of tariffs.Second quarter net profit...

EU tells Luxembourg to recover 120 mn euros from French energy giant

20 June 2018 | 0 comments

The EU on Wednesday ruled that Luxembourg had given illegal tax breaks to energy giant Engie and ordered it to recover 120 million euros from the company, whose biggest shareholder is the French state.An...

New US envoy Pompeo tackles NATO on spending, Russia

27 April 2018 | 0 comments

President Donald Trump's brand new Secretary of State Mike Pompeo came to NATO on Friday to hammer home one of his boss's oldest themes -- demanding that other members pay their way -- as the allies sought...

World press photo of the year award

Venezuelan photographer Ronaldo Schemidt wins the World Press Photo of the...

16 April 2018 | 0 comments

The World Press Photo of the Year honours the photographer whose visual creativity and skills made a picture that captures or represents an event or issue of great journalistic importance in the last year.

Luxembourg recalls ambassador to Moscow over UK spy poisoning

28 March 2018 | 0 comments

Luxembourg is recalling its ambassador to Moscow for consultations in the latest show of solidarity from EU states to Britain over the poisoning of an ex-spy, the government said in a statement on Wednesday.The...

Brexit 'challenging' for EU budget: Merkel

19 February 2018 | 0 comments

Net contributor Britain's planned departure from the EU leaves the bloc's remaining 27 members with a "very challenging" budget hole to plug, German Chancellor Angela Merkel said Monday.Policymakers will...

Blow to Macron plans for pan-EU MEPs after Brexit

7 February 2018 | 0 comments

The European Parliament on Wednesday rejected proposals backed by French President Emmanuel Macron for the introduction of some pan-EU lawmakers after Brexit.MEPs approved an overall package of reforms...

SpaceX blasts off Luxembourg government satellite

31 January 2018 | 0 comments

SpaceX on Wednesday blasted off a four-ton secure military communications satellite called GovSat-1, a partnership between the government of Luxembourg and the satellite operator SES.The prime minister...

Ariane 5 satellites in orbit despite earlier 'lost contact'

26 January 2018 | 0 comments

Two commercial satellites have been successfully placed in orbit by an Ariane 5 rocket, Arianespace said Thursday, despite mission control briefly losing contact with the craft."Both satellites were confirmed...

Arianespace has 'lost contact' with Ariane 5 rocket

26 January 2018 | 0 comments

Arianespace's mission control has "lost contact" with an Ariane 5 rocket carrying two commercial satellites after its lift-off from French Guiana, CEO Stephane Israel announced late Thursday.The European...

Luxembourg court overturns verdict against Luxleaks whistleblower

11 January 2018 | 0 comments

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...

Luxembourg appeals EU order to recoup 250 mn euro Amazon tax bill

15 December 2017 | 0 comments

The government of Luxembourg on Friday said it has launched an appeal against an EU order to recoup 250 million euros ($295 million) in back taxes from Amazon, in a case linked to a tax break granted...

EU considers Panama, S.Korea for tax haven blacklist

5 December 2017 | 0 comments

European Union ministers haggled over a credible blacklist of non-EU tax havens, with about 10 countries including Panama and South Korea in danger of being publicly chastised for facilitating tax evasion.The...

Britain and EU close in on Brexit deal

4 December 2017 | 0 comments

British Prime Minister Theresa May closed in on a divorce deal with European Union chiefs on Monday with last-minute progress on the thorny issue of the Irish border after months of deadlock.May met European...

Portugal favourite for Eurogroup chief job

30 November 2017 | 0 comments

Finance ministers from four countries, including favourite Portugal, threw their hats into the ring Thursday to replace Jeroen Dijsselbloem as head of the Eurogroup, a job that will involve carrying out...



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