Luxembourg Supermarket chain pulls Israeli produce
Luxembourg’s largest supermarket chain, Cactus, had decided to halt the sale of produce until its supplier finds proof that its origin is not the West Bank. The chain’s management caved in to More...
Nobel Laureate in Economics Joseph Stiglitz: America in the Way
NEW YORK – The Third International Conference on Financing for Development recently convened in Ethiopia’s capital, Addis Ababa. The conference came at a time when developing countries and emerging markets More...
Where Are Europe’s Millionaire Households?
Where are Europe’s millionaire households? Given that it is the EU’s most populous country and largest economy, Germany unsurprisingly grabs first place. Across the country, there are More...
Drahi Defiant after TWC Setback
Patrick Drahi is defiant after TWC Setback. “We were not ready, ” says the Luxembourg-based Altice owner. After losing out to Comcast in the bid to acquire Time Warner Cable, French-Israeli billionaire More...
Luxembourg Has Europe’s Highest Share of Non-Nationals
In absolute terms, the highest number of foreigners living in any EU state can be found in Germany – some 7.4 million people. However, in relative terms, the EU state with the highest share of non-nationals More...
NY Leads Cities Boasting Most Billionaires with 78
According to Forbes, New York has more billionaires than any other city in the world – 78. With 10 less than the Big Apple, Moscow comes in second, home to 68 billionaires. Asia’s population More...
Calvin Klein to Expand e-Commerce to 20 Countries
Apparel brand Calvin Klein, owned by PVH Corp, said it will expand its e-commerce operations to more than 20 countries by the end of 2015, business-to-business platform Fibre2fashion.com said. Calvin Klein More...
French Consumer Group to Sue Netflix over Contracts
Netflix, which launched its service in France last September, is already facing legal issues, according to The Hollywood Reporter. France’s largest consumer organization, The Confederation for Consumption, More...
Harvard’s Billion Dollar Reputation
– When it comes to billionaire graduates from business schools, nowhere comes close to the United States and toHarvard University in particular. Harvard has produced 335 Rhodes scholars and 150 Nobel More...
EU says Starbucks’ ‘very low’ Dutch tax deal may be illegal
– The other three firms are Amazon, Fiat and Apple . – A tax deal the Netherlands cut with Starbucks Corp may be illegal state aid, European Union regulators said on Friday, part More...