RECENT NEWS
Red Orbit  Dec 1  Comment 
High consumption patterns and enormous volume imports have ranked Hong Kong as having the second highest carbon footprint per capita in the world, according to a recent study.A team of Norway-based scientists compared the greenhouse emissions of...
Bloomberg  Nov 26  Comment 
UBS AG and Ernst & Young LLP said Luxembourg lawsuits filed by investors who lost millions of dollars in mutual funds linked to Bernard Madoff’s Ponzi scheme are invalid and should be thrown out.
Clusterstock  Nov 25  Comment 
The key to any successful plaintiff's lawsuit is making sure you can sue someone who can actually pay. And in a collapsed Ponzi-scheme, that means finding someone responsible other than the now-broke schemer. In tiny Luxembourg, Bernie Madoff...
New York Times  Nov 25  Comment 
Skype's chief operating officer is leaving the newly independent Internet phone company.
Bloomberg  Nov 25  Comment 
UBS AG and Ernst & Young LLP may face hundreds of damages claims if investors who lost millions of dollars in mutual funds linked to Bernard Madoff’s Ponzi scheme win a group of Luxembourg test cases.
Mondo Visione  Nov 24  Comment 
On 24 November 2009, the Luxembourg Stock Exchange admitted to trading a sovereign bond issue from the state of Qatar, for a total amount issued of USD 7 billion.
Mondo Visione  Nov 20  Comment 
On 18 November 2009 the Luxembourg financial services regulator, the Commission de Surveillance du Secteur Financier (the "CSSF") applied to the Luxembourg court for Eric Collard of KPMG ADVISORY s.a.r.l to be appointed as administrateur...
Mondo Visione  Nov 19  Comment 
The Luxembourg Stock Exchange welcomed an Azerbaijan business delegation on 19 November 2009.
Bloomberg  Nov 19  Comment 
(Update1) HSBC Holdings Plc’s Luxembourg unit should compensate investors only if a local court finds the bank breached its custodial duties over a fund that placed assets with Bernard Madoff, the country’s financial regulator said.
Bloomberg  Nov 18  Comment 
Former German Chancellor Gerhard Schroeder said that Luxembourg Prime Minister Jean-Claude Juncker would be the best choice to serve as European Union president.
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