New CEO at Moventum
Moventum has just confirmed the appointment of Louis Wright as the new CEO of the Luxembourg-based financial services company.
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Former Amcham employee judged guilty of embezzlement.
Amcham has just been informed that after 4 years of investigation and legal procedures, our former employee has been judged guilty of embezzlement and fraud.
U.S. Embassy Marks Independence Day
On June 28, U.S. Embassy Luxembourg marked the 247th anniversary of the independence of the United States of America with a celebration at the Ambassador’s residence.
General Members News Will we see you at ICT Spring?
AMCHAM Sales team will be attending ICT Spring. Please book your meetings directly with @Sonja and @Jean-Claude on their respective emails.
Zalando sues EU Commission over online content rules, seen as first challenge
BRUSSELS, June 27 (Reuters) – Zalando (ZALG.DE), Europe’s biggest online fashion retailer, has made the first legal challenge to new EU content rules, suing the European Commission for putting it in the same category as Alphabet’s (GOOGL.O) Google and Meta Platforms (META.O).
PM-International celebrates its 30th Anniversary
One of the world’s most successful direct selling companies, PM-International, celebrated its birthday: A two-day event in the Rosengarten and the SAP Arena in Mannheim marked the 30th anniversary of one of the world’s leading direct sales companies for health, fitness and beauty. Around 15,500 guests, business partners and VIPs from all over the world accepted the company’s invitation and joined them live in Mannheim. More than 250,000 viewers attended the event online on the company’s own streaming platform PM TV.
Luxembourg drops to 20th in the World Competitiveness Rating
The Chamber of Commerce has issued a press release (FR) commenting on the recent drop in the World Competitiveness Yearbook (WCY) rankings for 2023.
2023 AMCHAM + Luxair VIP Event
On the 15th of June, AmCham held an exclusive event together with Luxair, with 50 - 60 selected guests from our Corporate Membership, at their headquarters in Munsbach. The invitation-only event started at 18:30 hours with a Welcome & Apéritif, followed by speeches and an impromptu Q&A by Mr. Gilles Feith, the CEO of Luxair,
Newsletter 116: Douglass Welch
No. 116 covers up to the end of the month because Juneteenth and National Day are coming next week!
STATEC: Economic difficulties and material deprivation remain strong
STATEC recently published the first results of its survey on household income and living conditions in Luxembourg in 2022. This survey, which is part of a European framework (European Union Statistics on Income and Living Conditions – EU-SILC), is a fundamental source of data for describing the well-being and living conditions of Luxembourg’s resident population. SILC data can also be used to assess the effectiveness of policies to reduce poverty and social exclusion.
Google faces EU break-up order over anti-competitive adtech practices
BRUSSELS, June 14 (Reuters) – Alphabet’s (GOOGL.O) Google was charged by EU antitrust regulators with anti-competitive practices in its digital advertising business on Wednesday, which it may now have to sell part of to address their concerns.
NATO air force Air Defender 2023 exercises
NATO Air Defender 2023 exercises and their impact on civilian air traffic: Lexology reports that due to the upcoming exercises, “less space will be available for civil air traffic and control measures are to be expected.”
