To investigate management sentiment towards the issue of talent management, and to find out what counter-strategies are being deployed today regarding the shortfall of human resources, Deloitte commissioned a global survey on talent management involving 1396 organisations operating in over 60 countries, thereof 56 respondents in Luxembourg. The electronic survey...
LONDON (Reuters UK) - Mobile phone group Vodafone VOD on Friday won a test-case tax battle which means it does not have to pay extra corporation tax to the government on its Luxembourg-based subsidiary. Mr Justice Edward Evans-Lombe ruled in Vodafone's favour in the High...
Women have higher poverty rates than men in almost all societies. This paper compares modern nations on this dimension. It uses the Luxembourg Income Study LIS to compare women's and men's poverty rates in eight Western industrialized countries circa the early 1990s: the United States, Australia, Canada, France, West Germany,...
Gordon Pape submits: Many investors have never heard of ArcelorMittal (NYSE: MT) and will probably be surprised to learn it is the world's largest steel maker. Headquartered in Luxembourg, ArcelorMittal has 311,000 employees in more than 60 countries on five continents. This decentralization is especially significant in the context...
Despite the rebound in world markets and the better performance of traditional investment funds over the last year there continues to be strong demand for hedge fund products. This article has been presented by Ernst & Young which reports that hedge fund assets under management increased by 8% in 2002...
Research Recap submits: The impact of higher energy and food costs on inflation is clearly illustrated in the OECD’s latest statistics. Prices for energy in OECD countries were up by 14.6% year-on-year in May, compared with a 12.4% annual rate in April, as higher oil prices worked...
Nearly 20 years ago, organisational behaviour expert Charles Handy predicted the rise of the 'shamrock' organisation, where non-core competencies would be contracted out and employees would be an elite and hard-working core. Sound familiar? He also predicted how little time those in the high-pressure core would have...
ArcelorMittal said it has increased its stake in Australian miner Macarthur Coal Ltd to 19.9 per cent by buying shares from another stakeholder as part of a strategy to safeguard its raw materials supply.In May, Arcelor paid $604 million for a 14.9 per cent stake in Macarthur Coal, but...
BRUSSELS (Reuters UK) - ArcelorMittal ISPA said on Sunday it has increased its stake in Australian miner Macarthur Coal Ltd MCC to 19.9 percent by buying shares from another stakeholder as part of a strategy to safeguard its raw materials supply. In May, Arcelor paid...
By Simon Challis and Clara Ferreira-Marques LONDON (Reuters UK) - Private equity firm CVC Capital Partners CVC is in the "leading position" in talks to buy high-end insurer Lombard, a unit of Friends Provident FP, sources close to the matter said on Friday. U.S. private equity...
By John O'Donnell and Jonathan Stempel FRANKFURT/NEW YORK (Reuters) - Citigroup Inc C, the largest U.S. bank, said on Friday that it was selling its German consumer banking unit to France's Credit Mutuel Group for close to $8 billion to shore up capital....
By Ben Harding and Tim Hepher SEVILLE, Spain (Reuters UK) - Europe unveiled the A400M military aircraft on Thursday, giving the public a first glimpse of a powerful turboprop plane which will give seven NATO customers urgently needed strategic airlift capacity. The plane was developed by...
