The fall has been so steep that the lost wealth (GDP) is unlikely to be recovered until the end of 2021, and corporate profit growth will likely remain negative in 2020. In such an environment, a ...

Economic challenges may lie ahead for Europe if Donald Trump increases transatlantic trade tariffs, with the European Central ...

Steel and mining company ArcelorMittal will fund a part of its research and development programme via a €280m loan from the European Investment Bank. The funding aims to support the research part of ...

Scope has just reported new data on European long-term investment fund (Eltif) launches while Moody’s in October provided ...

Every one in six adults in Luxembourg has $1m in wealth, the highest density in the world, according to UBS’s Global Wealth Report 2024. With 16% of its adult population being millionaires in US ...

The €61m CEO fraud allegedly perpetrated on the charity Caritas is one of the highest ever after the one perpetrated on the Belgian bank Crelan in 2016. But it is not a unique case. Here’s how it ...

“Beauty everywhere.” University of Luxembourg professor Olivier Francis travels far and wide to measure gravity. But nowhere has been more ethereal than Antarctica. “On the morning of October 26 […] ...

Luxembourg-based fintech company Fundcraft, specialising in technology-driven fund administration solutions, announced the closure of its €5m series A funding round on Tuesday, buoyed by investor ...

Approval was given for Legend Holdings to purchase Precision Capital’s 90% stake in Bil, while the Luxembourg state holds the remaining 10% ownership. The transaction, which was announced in September ...

Simon Joly, co-founder and CEO of Docify, tells Paperjam about the fintech’s journey from document automation to process ...

Luxembourg-based fintech Stokr has announced a €7.4m fundraising round, including 100 bitcoins, which will be used primarily ...

US Bank announced its future site would be in Kirchberg and specialise in fund accounting and administration, domiciliation, deposit and custody services for funds domiciled in the grand duchy.