adJun 25, 2026, 07:59

Philips in court as investors demand investigation into apnea scandal: top executives present

Philips appeared before the Enterprise Chamber in Amsterdam on Thursday as shareholders and claim organizations demanded a formal investigation into the sleep apnea machine recall scandal. The legal action seeks accountability for the significant financial losses incurred by the company and its investors following the global crisis.

Economy Business Health Amsterdam Netherlands

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Based on reporting by ad. Translated and condensed by LocalHeadlines.

End to intake freeze at Levvel, youths with severe issues can once again be admitted in Amsterdam

Care organization Levvel has ended its intake freeze for Amsterdam youth following successful negotiations to secure more beds for those in need of severe residential care. While access has been restored, the municipality is demanding better coordination among providers and has initiated an independent financial audit of Levvel to ensure future stability.

Katwijk gives green light: US multibillion-dollar obesity drug plant approved

The municipality of Katwijk has approved the construction of a large-scale Eli Lilly pharmaceutical factory focused on obesity and diabetes medication. The project is supported by a 100 million euro government deal to improve local infrastructure and housing, though it faces ongoing scrutiny over high water and energy consumption.

Harry Styles concerts in Arena caused inflation in the Netherlands to rise

Economists from De Nederlandsche Bank have linked a series of ten concerts by Harry Styles in Amsterdam to a rise in Dutch inflation during May. The high demand from international fans led to a significant surge in hotel and ticket prices, marking an unusual impact on the national economy.

Netherlands wants to save emergency oil reserves, but pressure to release more grows

The Netherlands is resisting international pressure to release additional strategic oil reserves, arguing that these should be used only for severe supply crises rather than managing global prices. While global diesel and kerosene supplies are tightening, officials and experts maintain there is no immediate fuel shortage in the Netherlands or Europe.

Regional transport strikes in full swing: 'It varies by region'

Regional transport workers in the Netherlands have begun a series of weekly strikes after collective labor agreement talks failed. Employees are pushing for better pay and improved working conditions, causing widespread but region-specific disruptions to bus and train services.