Luxembourg

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Luxembourg to team up with Ireland in Apple tax appeal.

Luxembourg is considering joining forces with Ireland as it prepares to appeal the EU commission's finding that Apple received €13 billion in illegal tax aid, a spokesman for the Grand Duchy's finance ministry told the Irish Times. The newspaper, citing observers, expects other countries to become involved in the ...

- EU Observer - EU

UK Stocks-Factors to watch on March 28.

March 28 - Britain's FTSE 100 index is seen opening up 24points on Tuesday, according to financial bookmakers. * TESCO: Two of Tesco Plc's biggest shareholders have called on thesupermarket group to withdraw its 3.7 billion-pound agreed offerfor wholesaler Booker Group Plc, potentially casting doubt on the deal'sprogress. * ...

- Sify - IN

EU top court upholds sanctions against Russia's Rosneft.

By Julia Fioretti LUXEMBOURG - Europe's top court on Tuesday upheld European Union sanctions on Russia over the Ukraine conflict, including on its largest oil group Rosneft, in a ruling that asserts the court's jurisdiction over the bloc's foreign policy. The EU slapped sanctions on Russia after it annexed Crimea from ...

- Sify - IN

Europe's Largest Banks Declare 26% of Profits in Tax Havens.

The twenty largest European banks declare a quarter of their profits in tax haven zones, preferring Luxembourg, Hong Kong and Ireland, reported BGNES. This was shown in a survey of the British non-governmental organisation Oxfam, published on Monday and cited by AFP. These banks declare 26% of their profits in tax havens, ...

- Novinite - BG

Oxfam exposes tax haven habits of big European banks.

The 20 biggest banks in the eurozone booked over a quarter of their 2015 profits in tax havens, with Luxembourg and Ireland the favourite destinations, a report by Oxfam said on Monday . EURACTIV France reports.

- EurActive - UK

Vella demands response ahead of group opener.

Silvio Vella says his players have a point to prove when they open their 2019 UEFA U-21 Championship qualifying campaign against Belgium, in Louvain, tonight . The U-21s had a rough build-up to today's Group Six opener after conceding a hammering 5-0 de-feat to Luxembourg, in Kehlen, on Thursday in a match heavily ...

- timesofmalta.com - MT

Giroud proves his worth to France once again.

A rare starter for his club Arsenal this season, Olivier Giroud once again proved his worth to France when he bagged a double in their 3-1 win in Luxembourg in a World Cup qualifier on Saturday. The powerful striker's 22nd and 23rd international goals lifted him to 10th on the list of France's all-time top scorers after ...

- timesofmalta.com - MT

Bulgaria shock Holland.

The Netherlands' hopes of reaching the World Cup finals suffered a major setback when the three-time runners-up slumped to a shock 2-0 defeat to Bulgaria.The loss left the Dutch six points behind Group A leaders France, who beat Luxembourg 3-1, and down in fourth spot, three back from Sweden and two off Bulgaria with just ...

- Deccan Herald - IN

Iran to appeal Luxembourg's ruling on freezing assets.

The Central Bank of Iran says the country will appeal Luxembourg's recent decision to freeze $1.6 billion of the Islamic Republic's assets, IRNA reported.

- AzerNews - AZ

France ease past Luxembourg as Dutch slump to shock defeat in World Cup qualifier.

The Netherlands' hopes of reaching the World Cup finals suffered a major setback on Saturday with a shock 2-0 defeat to Bulgaria, leaving the three-time runners-up six points behind Group A leaders France, who beat Luxembourg 3-1.

- France24 - FR

Clinical Giroud earns France 3-1 win in Luxembourg.

Olivier Giroud struck twice as France stayed top of World Cup qualifying Group A with an efficient 3-1 victory in Luxembourg on Saturday.

- BDNews24 - BD

Chinese investors create new firm to finalise purchase of AC Milan | Reuters

ROME Chinese investors set to buy AC Milan have created a new company structure in Luxembourg to finalise acquisition of the Serie A soccer club, a spokesman for the consortium said on Saturday. Rossoneri Sport Investment Lux will replace the Chinese bidding group, identified by AC Milan's owners as Sino-Europe Sports ...

- Firstpost - IN

Chinese investors create new firm to finalise purchase of AC Milan

ROME - Chinese investors set to buy AC Milan have created a new company structure in Luxembourg to finalise acquisition of the Serie A soccer club, a spokesman for the consortium said on Saturday.

- SBS.com.au - AU

Luxembourg positively assesses course of Ukrainian reforms

Deputy Prime Minister of Ukraine for European and Euro-Atlantic Integration Ivanna Klympush-Tsintsadze during a working visit to Luxembourg met with the diplomatic adviser to the Prime Minister of Luxembourg, Patrick Hemmer, and the Director for European Affairs and International Economic Relations in the Ministry of ...

- Kyiv Post - UA

New Indian envoy arrives in Kathmandu

Kathmandu, March 25 , Newly appointed Indian ambassador to Nepal Manjeev Singh Puri arrived here on Saturday.India on March 11 appointed Puri as its 24th envoy to Nepal as his predecessor Ranjit Rae completed his term on February 28, The Himalayan Times reported.Puri is scheduled to submit his letters of credence to ...

- Sify - IN

Koscielny not taking Luxembourg lightly

France defender Laurent Koscielny has warned it would be wrong to underestimate the challenge of minnows Luxembourg when they head to Stade Josy Barthel. Les Bleus currently top Group A, three points ahead of Holland and Sweden, while their hosts have just one point from their opening four World Cup 2018 qualifiers. ...

- timesofmalta.com - MT

Grech handed U-21 call-up

Floriana goalkeeper Matthew Grech has been called up to the Malta U-21 squad for the European U-21 Championship Group Six qualifying match against Belgium on Monday. Malta U-21 coach Silvio Vella has decided to rope Grech into the squad after Philip Schranz, of Tarxien Rainbows, suffered an injury during the 5-0 defeat to ...

- timesofmalta.com - MT

Deschamps refuses to be drawn on exiled Benzema

LUXEMBOURG, March 25 — A day after Real Madrid striker Karim Benzema demanded talks with the France coach over his ongoing international exile, Didier Deschamps flatly refused to discuss the matter. I have nothing to say about this now,...

- The Malay Mail - MY

Matthew Grech gets U-21 call-up as Philip Schranz suffers injury

Floriana goalkeeper Matthew Grech has been called up to the Malta U-21 squad for the 2019 European U-21 Championship Group Six qualifying match against Belgium on Monday. He was called into the squad after Philip Schranz, of Tarxien Rainbows, suffered an injury during the 5-0 defeat to Luxembourg in a friendly match ...

- timesofmalta.com - MT

Malta crushed by Luxembourg in U-21 friendly

Two early goals either side of Jean Borg's dismissal dashed the Malta U-21 team's hopes of gaining a creditable result from their friendly match against Luxembourg this evening as they suffered a heavy 5-0 defeat. Luxembourg secured an early boost as Luca Duriatti fired them ahead after 10 minutes. Malta's evening took a ...

- timesofmalta.com - MT

Amazon Defeats IRS in Tax-Court Case

Amazon.com prevailed over the Internal Revenue Service in a more-than-$1.5 billion dispute over the online retailer's transactions with a Luxembourg subsidiary.

- Wall Street Journal - US

Amazon.com wins $1.5 billion tax dispute over IRS

- Amazon.com Inc on Thursday won a more than $1.5 billion tax dispute with the Internal Revenue Service over transactions involving a Luxembourg unit more than a decade ago.

- Reuters - US

Amazon dodges $1.5bn US tax bill: It's OK to run sales through Europe out of IRS reach – court

If only we could all open a Luxembourg office, eh? Champagne corks will be popping in Seattle after US taxmen lost their case against American web giant Amazon over the non-payment of taxes on overseas earnings.…

- TheRegister - UK

Out-of-favour Benzema wants showdown with Deschamps

PARIS, March 24 — Real Madrid striker Karim Benzema has asked France coach Didier Deschamps for an explanation on why he was not selected for tomorrow's World Cup qualifier against Luxembourg. Benzema had been indefinitely banned from the...

- The Malay Mail - MY

Amazon.com wins US$1.5b tax dispute over IRS

NEW YORK, March 24 — Amazon.com Inc yesterday won a more than US$1.5 billion tax dispute with the Internal Revenue Service over transactions involving a Luxembourg unit more than a decade ago. Judge Albert Lauber of the US...

- The Malay Mail - MY

The Wall Street Journal: Amazon wins $1.5 billion tax dispute with IRS

Amazon.com Inc. prevailed over the Internal Revenue Service in a more than $1.5 billion dispute over the online retailer's transactions with a Luxembourg subsidiary.

- Marketwatch - US

Out-of-favour Benzema wants showdown with Deschamps

PARIS - Real Madrid striker Karim Benzema has asked France coach Didier Deschamps for an explanation on why he was not selected for Saturday's World Cup qualifier against Luxembourg.

- SBS.com.au - AU

Court Rejects Iranian Demand To Return $1.2 Billion Frozen In U.S. Victim Case

A Luxembourg court has rejected Tehran's demand to return $1.6 billion of Iranian assets claimed by the United States as compensation for the victims of the September 11, 2001, attacks.

- Radio Free Europe - US

SES and Intersat to provide internet connectivity across Africa

Luxembourg Mar 23, 2017 SES and Intersat have signed a multi-year agreement to deliver internet services across Africa. Intersat, one of the largest providers of internet solutions on the African continent, will be providing broadband connectivity to businesses and consumers via SES's NSS-12 satellite, located at 57 degrees ...

- SpaceDaily.com - US

Court Rejects Iranian Demand To Return $1.2 Billion Frozen In U.S. Victim Case

A Luxembourg court on March 22 rejected Tehran's demand to return $1.6 billion of Iranian assets claimed by the United States as compensation for the victims of the September 11, 2001 attacks.

- Radio Free Europe - US

9th Wideband Global SATCOM satellite expands military communications capabilities of US and Allies

Cape Canaveral FL Mar 21, 2017 Boeing's ninth Wideband Global SATCOM satellite is now in orbit where it will provide the United States and six allied nations with increased communications capabilities to prevent, protect against and respond to attacks. The WGS-9 satellite was funded through an agreement between the United ...

- SpaceDaily.com - US

LuxLeaks whistleblowers convicted again

Luxembourg's appeal court on Wednesday sentenced whistleblower Antoine Deltour to a suspended 6-months of jail time and a €1,500 fine for revealing sweetheart tax deals granted to multinationals in Luxembourg. A second whistleblower, Raphael Halet, was given a €1,000 fine. Deltour said the "disappointing judgment ...

- EU Observer - EU

LuxLeaks whistleblowers sentenced again

PwC employees Antoine Deltour and Raphael Halet, who revealed how multinational companies dodged taxes through deals in Luxembourg, were given reduced sentences.

- EU Observer - EU

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