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Largest chip manufacturer cannot keep up with AI chip demand for now

Largest chip manufacturer cannot keep up with AI chip demand for now

TSMC, the world's largest chip manufacturer, is currently unable to meet the global demand for chips required for AI applications despite scaling up production. Experts anticipate it could take several years before the company's capacity aligns with the high market demand.

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Shoplifter caught in the act and arrested in Heemskerk

Shoplifter caught in the act and arrested in Heemskerk

A 29-year-old man from Velsen was arrested on Wednesday evening after being caught red-handed shoplifting from a supermarket in Heemskerk. The suspect was taken into custody following the incident.

Loss-making Wehkamp acquired by Zeeland fashion chain Omoda

Loss-making Wehkamp acquired by Zeeland fashion chain Omoda

Zeeland-based fashion chain Omoda is acquiring the larger online department store Wehkamp, which has recently been operating at a loss. This transaction significantly expands the family-owned business, making it one of the largest online retailers in the Netherlands.

Cabinet ready to spend more on purchasing power support next year amid high price concerns

Cabinet ready to spend more on purchasing power support next year amid high price concerns

The Dutch cabinet expects to provide extra purchasing power support next year to address concerns over rising inflation and potential instability in the Middle East. This financial package is also intended to help secure broader support for the country's 2027 budgets.

Paying off mortgage with savings can save thousands of euros: 'A matter of finding the right balance'

Paying off mortgage with savings can save thousands of euros: 'A matter of finding the right balance'

High mortgage interest rates make it financially beneficial for homeowners to use their savings to pay off parts of their mortgages. This strategy can result in savings of thousands of euros, provided homeowners maintain a proper balance between their debt and available cash.

Replenishing gas storage is slow: ‘Not attractive to buy now’

Replenishing gas storage is slow: ‘Not attractive to buy now’

Gas storage replenishment in the Netherlands is progressing significantly slower than last year, with reserves at 16% on June 1st compared to 38% at the same time a year ago. High summer prices, which are currently nearly equal to winter prices, have made it financially unattractive for companies to purchase gas for storage.