Delano News
The reference for economic, political and financial news coverage in Luxembourg in English.
Volkswagen: another chapter in the nightmare of connected cars
Dec 29, 2024 · Volkswagen has exposed the data of 800,000 owners of electric vehicles via a flaw in Cariad, its software subsidiary. Discovered by the Chaos Computer Club in Germany, the leak, which included GPS information, raises alarm bells about data management in the automotive industry. The story comes two years after the …
Banque Havilland placed into administration | Delano News
Aug 9, 2024 · The Luxembourg District Court (Tribunal d’Arrondissement de Luxembourg) has formally placed Banque Havilland under administration. Laurent Fisch, a Luxembourg lawyer, and EY Strategy and Transactions, a consultancy, were named administrators and have taken charge of Banque Havilland’s assets.
Franklin Templeton to launch PE secondaries in Luxembourg in 2025
Nov 25, 2024 · “We are excited to bring this new offering to market, which will broaden access to private markets,” said George Szemere, head of alternatives EMEA wealth management at Franklin Templeton, in a press statement on Monday 25 November 2024.
Are you well paid? Luxembourg’s 2023 salary guide by sector
Aug 11, 2023 · Hays has just revealed its 2023 Salary Guide for Luxembourg. The highest salaries are in IT and finance, where a CIO can earn up to €250,000 per year after eight years. For starting salaries, purchasing managers in the industrial sector make the most. Find out more, by sector and seniority.
Luxembourg UCI assets continue upsurge, hit €5.485trn in March …
Feb 5, 2024 · Luxembourg’s market regulator said that investment funds in the country witnessed a 1.7% increase in net assets in March, continuing a trend observed over the past six months, with total net assets reaching €5.485trn as of 31 March 2024.
Collective agreement for banks: status quo for “faux cadres”
Oct 10, 2024 · After months of negotiations, employees in the banking sector are finally benefiting from a new collective agreement, after the previous one expired at the end of 2023. The agreement introduces some improvements. But the inter-union has not managed to make itself heard on the subject of “faux cadres,” these employees who are treated a little differently. There are said to be around 10,000 ...
Luxembourg selection for Eurovision comeback creates great
Oct 7, 2023 · The announcement, last week, that a national selection would be held to find Luxembourg’s entry for Eurovision 2024, triggered widespread praise and enthusiasm abroad--and creative fervour at home. The event will take place 27 January 2024 at the Rockhal and RTL is looking for candidates.
EU adopts new cyber resilience act for connected devices
Oct 10, 2024 · The European Council a new law aimed at establishing cybersecurity requirements for products with digital elements on 10 October 2024, known as the cyber resilience act. This legislative initiative sought to ensure that products such as connected home cameras, fridges, televisions and toys met safety standards before entering the market.
100 Luxembourg tech influencers, from A-Z: Allaert-Ben Amara
Nov 24, 2023 · After serving as global business development officer and then chief commercial officer, was named CEO of Luxtrust, the electronic identity and trusted services provider, in 2021. He chairs Cloud Community Europe Luxembourg, has a seat on the Gaia-X Luxembourg Hub steering committee and sits on the board of the ICTLuxembourg trade association.
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