Five stories you may have missed
In case you missed them, the Luxembourg Times has selected five top news stories of the week for you
Touring the dirty secrets the southern waste zone buried
The legacy of Luxembourg's industrial south is hiding secrets about its polluted past that are both decades old and as current as the work of regulators and the concerns of local residents today.
Emblematic of that grimy history is a wasteland between Differdange and Sanem the size of about 200 football pitches that has been accumulating discarded steel, construction and industrial waste for decades.
Medical researchers in Luxembourg have made important strides in the fight against cancer, developing ways to boost immune systems and enable earlier diagnosis, in a notable success for the country's budding biotechnology hub.
Two researchers, Guy Berchem and Bassam Janji from the Luxembourg Institure of Health (LIH), discovered a molecule that could stop cancer cells from feeding themselves, publishing their results in April.
Buying the jewel you never needed
Bob Kneip was overlooking central Paris from the office of his company’s new acquisition, in the columned building that Napoleon commissioned as a symbol of French commercial strength.
That is after he had already built his Luxembourg business - named after himself - from scratch, into a leader in providing outsourced business processes to Europe’s fund managers.
BIL fined nearly €5 million for money-tracking shortcomings
Banque Internationale à Luxembourg was fined nearly €5 million by financial regulators who found shortcomings in processes meant to stop money-laundering and terrorist financing, the country's financial regulator said on Monday.
BIL was penalised €4.6 million by the Commission de Surveillance du Secteur Financier (CSSF), which said the penalty had been assessed almost five months ago.
France deploys military to support Greece in Turkey dispute
France is set to send a frigate and two military jets to the Mediterranean to support Greece in its stand-off with Turkey in the Eastern Mediterranean over oil and gas exploration.
The two Rafale fighters and the frigate 'Lafayette' are part of plans to increase the western European country's military presence in the region, the armed forces ministry said on Thurday.
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