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ArcelorMittal vows not to shut European plants

ArcelorMittal SA, the world's largest steel maker, told trade unions Tuesday that it does not plan to shut down any of its European plants.

ArcelorMittal sees profit after 3 quarterly losses

ArcelorMittal SA, the world's largest steel maker, on Wednesday posted a $903 million profit in the third quarter, its first after three consecutive quarterly losses, as it saw the first signs of a gradual recovery in demand.

Wickmayer, Bacsinszky through to Luxembourg semis

Yanina Wickmayer defeated Kirsten Flipkens 7-6 (1), 4-6, 6-1 in an all-Belgian match Friday to reach the semifinals of the Luxembourg Open.

ArcelorMittal posts 3rd consecutive quarterly loss

The world's largest steel maker, ArcelorMittal SA, on Wednesday reported a loss of $792 million for the second quarter, its third consecutive quarterly loss, but said demand was recovering and that it would increase production.

ArcelorMittal workers attack HQ

Steel workers attacked ArcelorMittal's Luxembourg headquarters Tuesday during the company's annual shareholders meeting, setting off smoke bombs and breaking through the front door to protest temporary layoffs during the economic slump.

Shareholders file suit on Madoff links to UBS

Shareholder group Deminor said Wednesday it has filed a Luxembourg law suit seeking information on how liable Swiss bank UBS AG might be for billions of euros (dollars) in client losses from the massive Madoff investment fraud.

ArcelorMittal posts first ever quarterly loss

ArcelorMittal SA, the world's largest steel maker, reported Wednesday its first ever quarterly loss — at $2.6 billion — during the fourth quarter as it wrote down the value of assets amid collapsing demand.

Madoff-hit Luxembourg funds halt redemptions

Sixteen Luxembourg-based funds that have put euro1.9 billion ($2.46 billion) into a massive pyramid scheme allegedly operated by U.S. financier Bernard Madoff have stopped investor withdrawals, the country's fund industry said.

Luxembourg trims monarch's powers over euthanasia

Lawmakers on Thursday trimmed the powers of Luxembourg's Grand Duke Henri, after the devoutly Roman Catholic monarch said he would not sign a euthanasia bill into law.

ArcelorMittal looks to cut 9,000 jobs

ArcelorMittal SA, the world's largest steelmaker, said Wednesday it is looking to cut 9,000 jobs through voluntary agreements, shedding around 3 percent of its global workforce in response to the economic downturn.

ArcelorMittal plans steeper output cuts

ArcelorMittal SA, the world's largest steelmaker, on Wednesday reported third-quarter profit rose 29 percent but said it would cut output by nearly a third as a sharp economic slowdown dampens demand for steel used in houses and cars.

ArcelorMittal workers told plants will shut

ArcelorMittal workers in France and Belgium said Thursday the company has told them it would stop steel output at some plants this winter as demand drops.

Dementieva, Wozniacki, Li, Cirstea reach semis

Top-seeded Elena Dementieva beat former No. 1 Amelie Mauresmo 6-4, 6-0 Friday to reach the semifinals of the Fortis Championships.

ArcelorMittal to develop South African mine

The world's largest steel maker ArcelorMittal SA said Wednesday it would jointly develop a manganese mine in South Africa in a deal worth $432.5 million.

ArcelorMittal 2Q profit more than doubles

ArcelorMittal SA, the world's largest steelmaker, said Wednesaday its second-quarter profit more than doubled as it increased steel prices to defray higher costs for energy and iron ore.

ArcelorMittal 1Q profit rises on steel demand

ArcelorMittal SA, the world's largest steelmaker, said Wednesday that profit climbed 5 percent in the first quarter to $2.37 billion as strong worldwide demand allowed it to hike prices despite higher costs.

ArcelorMittal Ups Stake in US Supplier

ArcelorMittal, the world's largest steelmaker, will increase its stake in U.S.-based car parts supplier Noble International Ltd. to just under 50 percent and lend it $50 million, officials said Tuesday.

High Costs Drag ArcelorMittal 4Q

ArcelorMittal SA, the world's largest steelmaker said Wednesday that fourth-quarter profits grew just 2.7 percent to $2.44 billion as higher costs and stockpile sell-offs ate into strong global sales growth.

Prices, New Markets Boost ArcelorMittal

ArcelorMittal, the world's largest steelmaker, posted third-quarter profits of $3 billion on Wednesday due to continuing high steel prices and increased sales in new markets.

EU Court Overturns 'Volkswagen Law'

A European court on Tuesday ruled that a German law shielding car maker Volkswagen AG from hostile takeovers is illegal, clearing the way for Porsche AG to increase its influence — and possibly take control — at Europe's biggest car maker.

Arcelor, Mittal Steel Celebrate 'Marriage'

Putting five months of enmity behind them, Arcelor SA and Mittal Steel Co. promised to honor each other Monday as they toasted their $31.9 billion covenant — but still need support from Arcelor shareholders to seal the deal.

French Official Concerned About Mittal Bid

French Finance Minister Thierry Breton voiced concern Monday over Mittal Steel Co.'s 18.6 billion euro ($22.5 billion) hostile bid for Arcelor SA, and said he wished there had been an attempt at friendly preliminary talks.

The Vine
Rubber bullets fly as ArcelorMittal workers storm AGM
Source: expatica.com

Police fired rubber bullets Tuesday when ArcelorMittal employees stormed the venue of the global steel giant's annual general meeting in Luxembourg in protest over plans to cut jobs.

Europe: Small nations, momentous pleasures
Source: THEWEEK.com

Unknown charms of Slovenia, Austria's Lake Country, and more

Countdown to Eurovision 2009 (Day 5): Some eye-popping facts and figures!

In 53 years, the Eurovision Song Contest and its participants broke many records and entertained us with countless gaffes. Being the longest running television programme, it is bound to have a few great moments. Some of them include the following:

Countdown to Eurovision 2009 (Day 6): But what IS the Eurovision Song Contest? (Poll)

I emigrated to Britain in 1967, April 17th, to be precise (one day before my 19th birthday), to train as a nurse. It was a very strange journey having some perceptions changed dramatically and some reinforced in ways I least expected.

Barcelona, Spain; Michoacán, Mexico; all of Peru make Forbes list of 10 World's Culture Capitals
Source: Forbes

These 10 places offer visitors myriad alternatives to the typical tourist traps.

Luxembourg's Grand Duke set to block euthanasia law
Source: expatica.com

Luxembourg's head of state, Grand Duke Henri, has warned that he will not ratify a law legalising euthanasia, in what would be an unprecedented step in the tiny Duchy, sources said Tuesday.

Second Belgian bank gets bail-out
Source: BBC News

Dexia has become the latest European bank to be bailed out as the deepening credit crisis shakes the banks sector.

Luxembourg to become third EU country to allow euthanasia - Yahoo! News
Source: Yahoo! News

Luxembourg lawmakers have adopted a bill legalising euthanasia, priming the Grand Duchy to become the third EU country allowing doctors to help patients end their own lives.

Highs and lows on the road to EURO
Source: uefa.com - News

Brilliant goals, record-breaking scores and even a game stopped by an owl. Here are ten moments that made the UEFA EURO 2008™ qualifying campaign memorable.

Thoughts of Veterans Day and Wars

Veteran's Day is tomorrow, November 11th, 2007. I wanted to share some of my thoughts about this special day with you.

Luxembourg end 12-year wait for win
Source: uefa.com - News

Luxembourg claimed their first competitive victory since 1995 after substitute Fons Leweck struck in the 95th minute for the only goal of the game in Belarus.

Battlefield return brings closure for WW2 vets
Source: Yahoo! News

WINTERSCHEID, Germany (Reuters) - It has taken more than 60 years, but gazing down a ridge over a former battlefield near Germany's border with Belgium, Stan Tuhoski believes he has finally found closure from the greatest trauma of his life.

The Luxembourg Experience
Source: Chicago Tribune

This is a city of about 80,000. Unlike just about every known European and American urban tourist destination, the population swells on weekdays, to 120,000.

Easyflirt : easy dating
Source: Easyflirt

Easyflirt (www.easyflirt.com) is one of the major free dating and chat sites in Europe (1). - 1st dating site with chat and webcam in Europe ! - 1st co-branded dating network in Europe !. The portal today counts nearly 7 million subscribers.

In the sleepy Luxembourg region, an infusion of arts
Source: International Herald Tribune

Luxembourg and the Greater Region — an area encompassing Belgian Wallonia, French Lorraine and the German Rhineland and Saarland — share the designation of the 2007 European capital of culture with Sibiu in Romania.

Sneak preview of Europe's Internet video market - International Herald Tribune
Source: International Herald Tribune

Apple tiptoes Into Europe's Internet video market

Sibiu: joint European city of culture
Source: cafebabel.com

The Romanian city of Sibiu, in the Transylvania region, is making waves alongside Luxembourg as joint European Capitals of Culture 2007

Europe eases Algeria visa rules
Source: BBC News

French Interior Minister Nicolas Sarkozy has announced that visa procedures for Algerians will be speeded up in 15 European countries. Mr Sarkozy, seen as the front-runner in next year's presidential election, was speaking on a visit to Algeria.

Hacker Spawns a French Watergate
Source: Wired News

New evidence in the so-called Clearstream affair suggests a computer intruder cracked a Luxembourg bank to frame French politicians for bribery -- adding a high-tech twist to a scandal that's become a national obsession.

Belgium, Luxembourg Fund U.S. Memorial to Battle of Bulge
Source: usinfo.state.gov

-- A new memorial dedicated May 8 -- the 61st anniversary of VE (Victory in Europe) Day – outside Washington honors those who fought in the Battle of the Bulge, a brutal campaign in the final winter of World War II.

Welcome to The German Guild!

Hi everyone, this first post is going to be in English, but after this, we're going to be posting in German.

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