The international growth of Talkwalker is the result of a success story that began with one visionary idea: the monitoring of online content. With the inception of Talkwalker, founders Thibaut Britz and Christophe Folschette have created a powerful social analytics tool that serves companies all over the world. It provides marketing insights and helps customers to protect and promote their brand.
Read MoreApple Pay officially launched in Hungary and Luxembourg today, enabling bank card holders there to use Apple's mobile payment system for iPhone, iPad, Mac, and Apple Watch wherever they see the contactless logo.
Read MoreLuxembourg is ranked as the most open country for business in the world in the 2019 Best Countries study by U.S. News & World Report. The country is also considered as the third best country to headquarter a corporation.
Read MoreLuxembourg funds saw both direct investor interest, as well as asset transfers from UK . Luxembourg benefited as nervous investors moved £30 billion (€35 billion) out of UK funds before Britain's initially scheduled March 29 departure from the European Union, according to new research. In March alone £5 billion of long-term investments flowed out of the UK to jurisdictions within the bloc, financial services research firm Morningstar found. "In the months leading up to the deadline, investors and fund families became increasingly worried over the impact of a unfavourable deal and its negative implications," Morningstar said. Luxembourg funds saw direct investor interest and the country was the primary beneficiary from UK fund groups transferring assets to vehicles domiciled in Europe. Fund managers like M&G Investments and Columbia Threadneedle have moved UK assets to Luxembourg funds since the Brexit referendum in …
Read MoreThe Luxembourg Trade and Investment Offices (LTIOs) build a strong network of economic ties with Luxembourg all around the world. Operating at the very heart of high-tech innovation, LTIO San Francisco is introducing pioneering companies to the diversity and resourcefulness of the Luxembourg business environment. LACC has met with the team of Consul General Pierre Franck to discuss the office’s mission and networking activities, innovation in Silicon Valley and the ambition of the American mindset.
Read MoreThe LACC informs its members of the passing of His Royal Highness Grand Duke Jean of Luxembourg, Head of State from 1964 to 2000.
Read MoreListings reach record high but net profit slumps Luxembourg's Stock Exchange is fighting to remain independent as a wave of consolidation among rival exchanges have made the company an obvious takeover target.
Read MoreOn 9 April 2019, Luxembourg deposited with the Organisation for Economic Cooperation and Development (“OECD”) its instrument of ratification of the Multilateral Instrument (“MLI”), after having passed the ratification law on 14 February 2019. Additionally, the Luxembourg tax administration has updated its list of new and ongoing double tax treaty negotiations, including the initialing of a new double tax treaty with Ghana and the long-awaited treaty with Argentina.
Read MoreJump in naturalisations means fewer foreign nationals live in the Grand Duchy Foreigners accounted for a lower proportion of Luxembourg's population at the start of 2019, after the country brought in reforms to make it easier to gain its nationality. The percentage of foreign residents dropped by 0.4% over the course of 2018 to reach 47.5% of the population, according to the country's statistics bureau. Statec put the decrease down to a rise in naturalisations in 2018, with 6,950 residents choosing to gain Luxembourgish nationality. The statistics office said this was due to different legislative steps, such as allowing minors to gain nationality through one Luxembourgish parent. The government lowered the bar to gain Luxembourgish nationality in 2017, specifying only five years residency instead of seven and relaxing language requirements. However, the number of foreign nationals living in Luxembourg rose …
Read MoreA recent Statec study has revealed that Luxembourgers work a total of 1,701 hours per year - just at the European average of 1,700. Whilst the number of hours worked by the average Luxembourg resident did fall after the recession, they have now returned to the 2008 level. The study calculated the average of hours worked by a full-time employee. The results reveal that whilst Luxembourgers are wholly within the European average, they do work more than the average of the Eurozone (1,649). Most interestingly, Luxembourg's residents worked more than each of their neighbouring counterparts - the average amount of working hours is 1,677 in Germany, 1,544 in France, and 1,495 in Belgium. As examined by Statec, Luxembourg's long working hours compared to its Belgian and French neighbours hold true in all sectors, especially in the administration and support sector, …
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