Latest Luxembourg News

Increasingly popular 'parametric insurance' helps farmers and others hit hard by extreme weather

Jul. 12, 2024 09:41 AM EDT

MINDANAO, Philippines (AP) — Joemar Flores, a spindly 28-year-old, gestured across his family’s farmland, nestled between a steep hill and a river, and expressed gratitude for the rice paddies in the distance. They’re still there, producing food and an income for him, thanks in...

Landmark EU nature restoration plan gets the green light despite months of protests by farmers

Jun. 17, 2024 21:01 PM EDT

BRUSSELS (AP) — European Union countries on Monday gave final approval to a major and long-awaited plan to better protect nature in the 27-nation bloc, a divisive issue after months of protests by farmers who argued that EU environmental and climate laws were driving them toward bankruptcy. ...

Pope trip to Luxembourg, Belgium confirmed for September, 2 weeks after challenging Asia visit

May. 20, 2024 08:32 AM EDT

ROME (AP) — Pope Francis has added a stop in Luxembourg to a trip to Belgium in September, a three-day visit that will come as he is recovering from a much longer and challenging trip to Asia. The Vatican on Monday announced the Sept. 26-29 dates of the planned trip, saying Francis...

Adecoagro: Q1 Earnings Snapshot

May. 16, 2024 16:47 PM EDT

LUXEMBOURG (AP) — LUXEMBOURG (AP) — Adecoagro SA (AGRO) on Thursday reported first-quarter profit of $47.4 million. On a per-share basis, the Luxembourg-based company said it had profit of 45 cents. Earnings, adjusted for non-recurring gains, were 22 cents per share. ...

Globant: Q1 Earnings Snapshot

May. 16, 2024 16:28 PM EDT

LUXEMBOURG (AP) — LUXEMBOURG (AP) — Globant SA (GLOB) on Thursday reported first-quarter earnings of $45.1 million. On a per-share basis, the Luxembourg-based company said it had profit of $1.02. Earnings, adjusted for one-time gains and costs, came to $1.53 per share. ...

Altisource Portfolio: Q1 Earnings Snapshot

Apr. 25, 2024 07:34 AM EDT

GRAND DUCHY OF LUXEMBOURG, Luxembourg (AP) — GRAND DUCHY OF LUXEMBOURG, Luxembourg (AP) — Altisource Portfolio Solutions SA (ASPS) on Thursday reported a loss of $9.2 million in its first quarter. On a per-share basis, the Grand Duchy Of Luxembourg, Luxembourg-based company said...

Spotify: Q1 Earnings Snapshot

Apr. 23, 2024 06:21 AM EDT

LUXEMBOURG (AP) — LUXEMBOURG (AP) — Spotify Technology SA (SPOT) on Tuesday reported first-quarter earnings of $213.9 million. On a per-share basis, the Luxembourg-based company said it had net income of $1.05. The results exceeded Wall Street expectations. The...