The Luxembourg Future Fund 2 (LFF2) and Lyten announce that LFF2 has made an equity investment into Silicon Valley based Lyten, the supermaterial applications company and global leader in Lithium-Sulfur battery technology.
On Monday, 15 July, a coalition of 31 leading European business associations came together to call for an ambitious and open trade policy to support the EU’s competitiveness and economic prosperity. https://www.amchameu.eu/news/calling-more-open-trade-policy
On 24 May 2024, the rating agencies Fitch Ratings and Scope Ratings confirmed the Grand Duchy’s ‘AAA’ rating with a ‘stable’ outlook.
On Tuesday 30 April 2024, the Luxembourg Chamber of Commerce held its Constituent Plenary Assembly, in the presence of Lex Delles, Luxembourg’s Minister of the Economy, SMEs, Energy and Tourism. Members of the Plenary Assembly unanimously reelected Fernand Ernster as President of the Luxembourg Chamber of Commerce.
ArcelorMittal reports fourth quarter and full year 2023 results.
A recent Eurostat report for 2021 highlights Luxembourg’s prominent position in the EU, with foreign-controlled enterprises contributing a staggering 55.5% to the nation’s economic value added, the highest in the bloc.
Inflation forecast: 2.2% for 2024 and 3.3% for 2025.
Annual inflation dropped slightly to 3.4% in January, Statec says, predicting lower price hikes this year than initially forecast.
After recent stock market records, the question arises: What will happen in the coming months? The economy is not providing a tailwind for the time being, and the fantasy of interest rate cuts seems to have run its course.
Amcham Newsletter Spuerkeess, Banque Internationale à Luxembourg, BGL BNP Paribas, Banque Raiffeisen, POST Luxembourg and ING Luxembourg are joining together to create a broad-based ATM network. The six partners will work hand in hand to guarantee Luxembourg-wide access to self-service banking.
In September 2022, the European Commission announced the Relief Package, a new set of EU-level relief measures for SMEs. One of the measures included in the Relief Package is the revision of Directive 2011/7/EU of February 16, 2011 on late payments, in order to provide businesses with a more modern legal framework that is better
On Wednesday 18 October 2023, the American Chamber of Commerce in Luxembourg (AMCHAM), together with Deloitte and the Luxembourg American Chamber of Commerce (LACC) in New York, held an event dedicated to “Transatlantic Trade and Investment”.
