Luxembourg Financial News

22.09 / 10:53

Waves FIVE Digital Intel AMD show Fine EU reduces Intel antitrust fine to €376 million

European Commission slapped a reduced fine of 376 million euros ($400 million) against US chipmaker Intel Friday for abusing its dominance in the computer chip market, after an EU court annulled a bigger penalty. The European Union's antitrust enforcer said Intel had «engaged in a series of anticompetitive practices aimed at excluding competitors from the relevant market», it added.

21.09 / 11:17

funds emerging markets Vontobel launches emerging markets ex-China equity fund

The fund will be managed by Roger Merz (pictured left) and Thomas Schaffner (right).

21.09 / 00:37

defi Hackers hacks Altcoin DAO phishing DNS Balancer blames ‘social engineering attack’ on DNS provider for website hijack

The team behind Balancer, an Ethereum-based automated market maker, believes a social engineering attack on its DNS service provider was what led to its website’s frontend being compromised on Sept. 19, leading to an estimated $238,000 in crypto stolen.

20.09 / 14:31

Fidelity Investment trusts Unit trusts/OEICs Platforms Fidelity platform restricts Crux European Special Situations fund after Richard Pease retirement

CRUX founder Richard Pease

13.09 / 10:37

Citi jp morgan People moves Link Fund Solutions Waystone poaches from Citi for global CEO role

His appointment follows the announcement in August that Waystone’s acquisition of Link Fund Solutions was still on schedule to close later this year.

12.09 / 15:09

Human Rights Democracy Unit trusts/OEICs rights TOBAM launches civil and democratic rights equity strategy

'Research shows that greater freedom leads to improved economic conditions, which has a positive effect on local stock markets.'

12.09 / 04:53

Mobile SpaceX elon Elon Musk gets closer to bringing Starlink to India

Elon Musk's satellite company,Starlink, may soon receive approval from the telecom ministry to offer its services in India. According to a TOI report, a high-level meeting scheduled for later this month is expected to address Starlink's proposal for a global mobile personal communication by satellite (GMPCS) services license. While approval seems likely, potential last-minute issues could still cause delays. Once Starlink secures the GMPCS license, it will need additional approvals from various government departments and the Department of Space before it can officially accept orders and move forward with its operations.

30.08 / 11:45

Business roles liontrust GAM Bruellan NewGAMe NewGAMe puts forward candidate to replace Peter Sanderson as GAM CEO

Proposed GAM CEO Randy Freeman

23.08 / 17:43

Facebook Platform show country social Kenyan court orders mediation in Meta labour dispute

NAIROBI (Reuters) -A Kenyan court has given Facebook (NASDAQ:META)'s parent company Meta and content moderators suing it for unfair dismissal 21 days to resolve their dispute out of court, a court order showed on Wednesday.

21.08 / 19:19

Platform Apple Parke show performer country cover Netflix’s Baby Fever: Danish series gets green light for season 2

Netflix has officially ordered a second season for the Danish medical drama series, marking over a year since its initial debut. The six-part series, which landed on Netflix on June 8, 2022, centers on a fertility doctor, Josephine Park, who unintentionally inseminates herself with her former boyfriend's sperm after a night of drinking.

21.08 / 12:37

Blockchain FIVE Google Platform Bitcoin country Slovenia ranked as EU's most crypto-obsessed country

A study conducted by virtual currency gambling platform cryptogambling.tv looked at the highest number of internet searches involving a number of crypto-related terms and then ranked these numbers according to population size.

18.08 / 17:03

COST Target Reuters Allianz show private credit Allianz bolsters private credit bet with new $1.6 billion fund

By Pablo Mayo Cerqueiro

18.08 / 02:09

Reuters CEO foreign US Senator Vance asks US Steel to rule out foreign buyer

By Bianca Flowers

16.08 / 09:09

Facebook Blockchain Twitter Target Digital Bitcoin Blockstream to raise $50 million for crypto mining

Blockstream, a blockchain technology firm, expects to raise a target of about $50 million. It is expected that this amount will be used to purchase and store mining equipment that it expects to be undervalued in secondary markets, stated Cointelegraph.

15.08 / 15:37

Blockchain Mining Blockstream ASIC Mining Pools Bitcoin Perfect storm for undervalued ASICs: Blockstream plans $50M raise to buy miners

Blockchain technology firm Blockstream is looking to raise up to $50 million to purchase and store mining equipment that it perceives to be undervalued on secondary markets.

15.08 / 05:15

FIVE Citizens Fighting Mobile country Lebanon's interim central bank governor freezes assets of former chief and close associates

Lebanon’s interim central bank governor has frozen the accounts of the banks embattled former chief and close relatives and associates

14.08 / 03:41

UPS IPO love pop play Far East finds some love from Kazakh government for Indonesia play

Far East Gold was fronting investors with a share placement on Monday as it moved to fund exploration at its Indonesian projects.

11.08 / 08:43

Citizens Shell country US, UK, and Canada sanction Lebanon's former central bank governor over corruption allegations

The United States, United Kingdom, and Canada have slapped sanctions on Lebanon’s embattled ex-central bank governor and a handful of close relatives and associates over allegations of corruption

09.08 / 05:57

UPS Provident Amazon Browser exclusive Deal Amazon announces Prime Big Deal Days: Exclusive shopping extravaganza for Prime members

Prime Big Deal Days will occur include Australia, Austria, Belgium, Brazil, Canada, China, France, Germany, Italy, Japan, Luxembourg, Netherlands, Poland, Portugal, Singapore, Spain, Sweden, the U.S., and the UK. “We’ll share more details soon as we get closer to the event. We can’t wait to give our Prime members access to exclusive early savings this season," says Amazon in its blog post.

08.08 / 20:17

business Blockchain BitStamp Bitstamp to suspend trading of major altcoins for US users

Cryptocurrency exchange Bitstamp will suspend trading of Axie Infinity (AXS), Chiliz (CHZ), Decentraland (MANA), Polygon (MATIC), Near (NEAR), Sandbox (SAND), and Solana (SOL) for customers residing in the U.S. beginning August 29.

08.08 / 11:39

UPS Provident Digital CEO BitStamp exclusive Crypto Exchange Bitstamp to Expand Operations with New Fundraising Plan

Bitstamp, an early crypto exchange founded in 2011, is reportedly planning fresh fundraising “through strategic investors” to gear up the exchange’s growth and operations.

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