Volkswagen: another chapter in the nightmare of connected cars
Dec 29, 2024 · Volkswagen has exposed the data of 800,000 owners of electric vehicles via a flaw in Cariad, its software subsidiary. Discovered by the Chaos Computer Club in Germany, the leak, which included GPS information, raises alarm bells about data management in the automotive industry. The story comes two years after the …
Delano News
The reference for economic, political and financial news coverage in Luxembourg in English.
Are you well paid? Luxembourg’s 2023 salary guide by sector
Aug 11, 2023 · Hays has just revealed its 2023 Salary Guide for Luxembourg. The highest salaries are in IT and finance, where a CIO can earn up to €250,000 per year after eight years. For starting salaries, purchasing managers in the industrial sector make the most. Find out more, by sector and seniority.
Luxembourg’s UCI net assets up to €5,665.58bn in October 2024
Feb 12, 2024 · The total net assets of undertakings for collective investment, including UCIs subject to the 2010 Law, specialised investment funds (Sifs) and investment companies in risk capital (Sicars), stood at €5,665.58bn as at 31 October 2024, the Luxembourg Financial Sector Supervisory Commission (CSSF) said in a issued on 29 November.. Luxembourg’s UCI industry (essentially, mutual funds) saw an ...
The BCL owns part of the European Central Bank (ECB) - Delano
Jan 6, 2023 · Created on 1 June 1998, Luxembourg’s central bank, officially known as Banque centrale du Luxembourg (BCL), is celebrating its 25th anniversary on Thursday 1 June 2023. This is an opportunity to take a look at its history, its operations and its missions through ten facts.
Banque Havilland placed into administration | Delano News
Sep 8, 2024 · The Luxembourg District Court (Tribunal d’Arrondissement de Luxembourg) has formally placed Banque Havilland under administration. Laurent Fisch, a Luxembourg lawyer, and EY Strategy and Transactions, a consultancy, were named administrators and have taken charge of Banque Havilland’s assets.
Government approves bill to implement Pillar Two tax reform
Jul 31, 2023 · “From the start, Luxembourg has been fully engaged at OECD and EU level and has played a constructive role in the implementation of Pillar Two of the international tax reform,” said finance minister (DP) in a .. “With the transposition of the corresponding directive into national law, Luxembourg underlines its commitment to tax fairness and the establishment of a level-playing-field in ...
Number of people waiting for social housing up by 40% - Delano
Feb 26, 2024 · One day after (CSV) announced that his government’s housing action plan was about to drop, Improof--a think tank that is an initiative of the Chamber of Employees (CSL)--published a study on households renting (or applying to rent) affordable housing in Luxembourg.. The survey, published on 24 January, uses data from three bodies: the Housing Fund (Fonds du logement or FDL); the National low ...
Fairtrade products in Luxembourg: €60 per consumer - Delano
Jul 22, 2023 · Is this a sign of inflation or of consumers taking responsibility? While they spent an average of €32 a year on Fairtrade-labelled products in 2018, a figure that rose to , people in Luxembourg are now spending €60, according to the latest figures from Fairtrade Lëtzebuerg.. The NGO, which labels fair trade products in Luxembourg , published on Monday 17 July a report on “Fair Trade ...
What the Schueberfouer costs fairgoers and the city - Delano
It has to be said that the City of Luxembourg is putting its hand in the wallet to host the event: “Overall, the Schueberfouer represents €1.25m of expenditure for €250,000 of revenue, so a deficit of one million euros for the City", explains (DP), alderman for festivals and markets.. The municipality provides security services, with GDL Security agents patrolling the fairground.
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