With their linguistic dexterity and international mindset, Luxembourgers are well-equipped for life abroad. Yet, as these expats reveal, adjusting to new cultural norms--whether Swiss precision, American ambition or German diplomacy--still comes with challenges.
The European Central Bank will cut interest rates at its next four meetings as the economic costs of US tariffs mount, according to analysts at JPMorgan Chase. Euro-zone growth will take a bigger hit than previously expected in the near term, resulting in “very weak” expansion over the next three quarters, Greg Fuzesi, Raphael Brun-Aguerre and Mariana Monteiro said Tuesday in a research note.
Luxair is keeping an eye on its international connections. This means not only taking passengers to other European countries, but also to America and Asia. The arrival of 22 aircraft--starting next year--could further change the game in an ultra-competitive environment.
Clearstream, the Luxembourg-based post-trade business of Deutsche Börse Group, has expanded its custody service portfolio to include crypto assets. The company announced on Tuesday 11 March 2025 that it would offer institutional investors settlement and custody services for digital assets. Crypto Finance, another Deutsche Börse Group entity, will act as the sub-custodian. The service is set for launch in April 2025.
Join the Chamber of Commerce Luxembourg for a kick-off seminar “Elaborate & Implement your international strategy” and take the first step toward global success! Learn how to identify the ideal market for your product or service, and make the most of the internationalisation services you can benefit from.
Since January 1, 2024, a new investment tax bonus scheme (art. 152bis of the Income Tax Act, or "LIR") is applicable. This measure aims to support companies in the digital transformation and environmental transition of their activities. Indeed, the new measure allows companies to benefit, under certain conditions, from a tax reduction of up to 18% of the investments and operating expenses they incur to support their digital transformation or reduce their environmental impact.
Nexus Luxembourg is set to return for its second annual edition, a two-day tech symposium and exhibition focused on AI, technology, and business. The event promises countless opportunities for inspiration, learning, networking, meaningful encounters, and strategic partnerships.
A special connection between Luxembourg and New York is taking shape at the Davis Center in Central Park, where 23 hand-crafted doors from Drinklange will soon welcome visitors. The world famous Central Park in the middle of Manhattan is undergoing some exciting new changes to be ready for every season – a new pool for the summer and a new ice rink for the winter. As exciting as this sounds for New Yorkers, why should that interest us here in Luxembourg ? The new Davis Center will bear a special grand ducal connection, featuring 23 large glass doors designed meticulously in the north of Luxembourg. For a whole three weeks, eight large boxes were heading from Drinklange, Troisvierges all the way to the Big Apple.
December 11, 2024 President Joseph R. Biden, Jr. today announced the designation of a Presidential Delegation to Belgium and Luxembourg to attend the Commemoration of the 80th Anniversary of the Battle of the Bulge on December 13-14, 2024. The Honorable Bill Nelson, Administrator of the National Aeronautics and Space Administration, will lead the delegation. Members of the Presidential Delegation: The Honorable Thomas M. Barrett, United States Ambassador to the Grand Duchy of Luxembourg The Honorable Michael M. Adler, United States Ambassador to the Kingdom of Belgium The Honorable Harry Coker, Jr., National Cyber Director, Office of the Cyber Director, The White House The Honorable Terri Tanielian, Special Assistant to the President for Veterans Affairs, Domestic Policy Council, The White House The Honorable Sheila Casey, Executive Director of Joining Forces, The White House