Tag:

Luxembourg

Nutella-maker Ferrero cooperates with EU probe

Italian confectionery giant Ferrero SpA has confirmed that European Union officials are carrying out inspections at its offices, saying the company is fully cooperating with regulators.

15 Apr 2026-16:56
Japan’s ispace delays NASA moon mission to 2030

Japanese space startup ispace has delayed a US government-sponsored lunar mission to 2030 and announced workforce reductions as it restructures after a series of setbacks in its Moon exploration program.

27 Mar 2026-13:42
Setback for Meta as court adviser backs EU regulators in data spat

An adviser to Europe’s top court on Thursday sided with EU regulators demanding information regarding two antitrust investigations of Meta Platforms, in a setback for the U.S.-based social media company.

26 Feb 2026-20:55
Luxembourg trails Italy in EU car ownership

According to figures released Friday by Eurostat, Luxembourg continues its strong attachment to automobiles, recording the second-highest car-to-population ratio in the European Union in 2024.

20 Feb 2026-19:25
Deutsche Bank plans emerging markets hiring push

Deutsche Bank is preparing to expand its private banking workforce in emerging markets, as the lender looks to strengthen its position in fast-growing wealth regions across the Gulf and North Asia.

13 Feb 2026-09:10
Azerbaijan, Luxembourg discuss financial sector cooperation

Azerbaijan and Luxembourg have discussed expanding cooperation in the financial sector during a visit by a delegation from Luxembourg’s Financial Technology Transfer Agency (ATTF) to Baku.

09 Feb 2026-13:56
Armenian FM to visit Luxembourg

15 Dec 2025-23:56
HSBC profit declines on Madoff-related legal provisions

HSBC reported a 14 percent drop in third-quarter pre-tax profit on Tuesday, with the banking giant's bottom line weighed down by legal provisions related to the late Bernard Madoff's huge investment fraud, News.Az reports, citing foreign media.

28 Oct 2025-13:09
HSBC to take $1.1 billion hit following Luxembourg court ruling in Madoff case

HSBC Holdings will book a $1.1 billion provision in its third-quarter results after losing part of an appeal in a longstanding lawsuit connected to Bernard Madoff’s Ponzi scheme, the bank said on Monday.

27 Oct 2025-11:59
Ireland’s Foreign Minister urges immediate opening of Rafah crossing

Ireland’s Foreign Minister Simon Harris has called for the immediate opening of the Rafah crossing to allow vital humanitarian aid into Gaza, describing it as “an absolute priority.”

20 Oct 2025-14:30