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Mitsubishi bank is located just outside of Luxembourg City
Finance

Mitsubishi bank could cut more than 10% of workforce

Union Aleba said on Thursday it would begin talks with the bank
by Kathryn OGLESBY 25.02.2021
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The evolution of the financial industry

How did the financial industry evolve during your 30 years in banking?
Paul Van Houtte, former EIB employee and his lawyers Esther Theyskens and Walter Van Steenbrugge
SES headquarters in Betzdorf north of Luxembourg City
World Bank in Washington D.C.
Kirchberg, Luxembourg
Mediahuis acquired the Luxembourg Times and other titles in the Saint-Paul Luxembourg group in April last year
Andrew Bailey, the Governor of the Bank of England, has said the EU's policy would be resisted
Austrian company Plansee Group has gained control over the Luxembourg firm Ceratizit, although the exact details of the deal have not been disclosed
Kate Oglesby (right) interviewing Douwe Miedema
Coronavirus

Police hands out more fines for Covid rule breakers

Separately, Covid levels in wastewater rose over the last two weeks
by Kathryn OGLESBY 2 min. 23.02.2021
Brexit

Gramegna warns against a 'fortress Europe' in finance

Finance minister calls for a close cooperation with the UK after Brexit
by Julie EDDE 2 min. 23.02.2021
Former Economy Ministery Jeannot Krecke (C) and the principals behind now-bankrupt Biocardel sign an agreement in 2007 to establish a biodiesel plant. PHOTO: Guy Jallay
Luxembourg Health Director Dr Jean-Claude Schmit Photo: Chris Karaba
Firefighters building dams in the river to stop the oil pollution moving downstream Photo: CDGIS
The former government financed Covid-19 testing centre for passengers arriving at Findel airport Photo: Gerry Huberty
pandemic

Air travel quarantines are getting longer and lonelier

Enforced isolations in Hong Kong hotels stretch to 21 days
5 min. 24.02.2021
HSBC

HSBC to prune investment bank to fund expansion in Asian wealth

Europe's largest lender said it would spend more than $6 billion over the next five years to expand its Asian operations
4 min. 23.02.2021
Commerzbank in Luxembourg's financial district, Kirchberg Photo: Anouk Antony
Al Fattan Tower, Dubai Photo: Shutterstock
Facebook's corporate headquarters campus in Menlo Park, California. Photo: AFP
Spa hotel, Domaine thermal de Mondorf, in Luxembourg
The European Commission has unveiled an updated adaptation strategy for dealing with the effects of climate change
Climate change

Europe seeks stronger protection for economy from climate risks

Updated strategy unveiled by European Commission on Wednesday
24.02.2021
Aleksander Lukashenko (left), President of Belarus, with Russia's President Vladimir Putin in Armenia in 2019
Russia

Putin and Lukashenko’s ski fun shows cold shoulder to EU

Leaders of Russia and Belarus strike defiant pose on joint winter break as they shrug off sanctions from Brussels
3 min. 24.02.2021
European chief prosecutor Laura Kövesi
German Chancellor Angela Merkel is due to discuss the plans with state leaders next week
The higher capacity in Luxembourg is partly due to deliveries of the AstraZeneca vaccine
A man stands with a UK and EU flag outside Westminster, London Photo: AFP
failure

Metal fatigue seen as trigger of engine failure

An examination suggested a crack that grew gradually over time prompted the failure
4 min. 23.02.2021
A freezer farm for Covid-19 vaccines at the Pfizer Kalamazoo Manufacturing Site in Portage, Michigan Photo: AFP
World Trade Organisation Director-General Ngozi Okonjo-Iweala Photo: AFP
Scottish Highland long-horn cattle stand in the snow on a farm near Heidelberg, Germany, on Sunday. PHOTO: AFP
exhibition

A taste of 17th century Florentine art

How Europe’s richest bankers flaunted their wealth 400 years ago
by YASEMIN ELÇI 2 min. 18.12.2020
Diane Jodes, Apple Dreams Photo: Yasemin Elçi
Vanessa Springora, the author of "Le Consentement". Photo: JF Paga
The Egyptian Theatre in Park City, Utah, which takes part in the Sundance Film Festival, where Kajillionaire premiered this year. Photo: Shutterstock.
Art Nouveau

Architectural Icon: the windows of Esch

Art Deco and Art Nouveau rub shoulders in Esch-sur-Alzette, adorning city centre windows with roses, steelworkers and the Roman god Mercury
by Sarita Rao 6 min. 22.02.2021
Setting up or registering your company might take several calls Photo: shutterstock
Entrepreneurs
25.02.2021
Buergbrennen in Beggen Photo: Manuel Dias
Tradition
1 20.02.2021
19th century farmhouse to make way for 25 housing units in the ever-expanding commune of Mamer Photo: Peter Kleijnenburg