Business News in English
Latest business headlines from Dutch news, translated into English.
Initiators cite new argument for three wind turbines: they could power 18,000 new homes in Amsterdam
Ajax reaches agreement with Werder Bremen on loan of Youri Regeer
Ajax reaches agreement with Werder Bremen on Youri Regeer, Carrizo also heading for the exit
Ajax has reached an agreement to loan midfielder Youri Regeer to Werder Bremen. Additionally, the Amsterdam-based club is preparing to send forward Maher Carrizo on loan to FC Copenhagen.
KNVB wants different FIFA structure and to host international summit
Wall Street wunderkind loses 30 billion in days as AI investment model fails
Leopold Aschenbrenner, a 24-year-old investor once praised for his AI-driven financial models, is under investigation after his strategy resulted in the loss of 30 billion dollars. The German trader's...
I expected it to be more impoverished: we took the controversial budget train to Germany and this is what we noticed
Budget train operator GoVolta has faced criticism following its announcement of low-cost rail travel to Berlin. A reporter tested the service, comparing the experience to the standard ICE trains to de...
The greenhouse | Regional products are not just fun for holidays
In his weekly column, climate reporter Jeroen Kraan encourages consumers to prioritize the origin of ingredients over prices in supermarkets. He argues that shifting towards local and sustainable food...
Energy shortage looms, but The Hague is in no rush with new nuclear power plant
Despite acknowledging the necessity of a new nuclear power plant to ensure energy security, the Dutch government is failing to make progress due to political disagreements over costs and potential loc...
Family does not have to leave home despite thousands of euros in rent arrears
A court has ruled that a family in Diemen may remain in their rental home despite accumulating over 8,200 euros in rent arrears. The judge prioritized the welfare and housing stability of the family's...
Maritime organization: About 400 ships still stuck in Persian Gulf
Approximately four hundred ships remain stranded in the Persian Gulf, according to International Maritime Organization Secretary-General Arsenio Dominguez. The blockade of the Strait of Hormuz has lef...
European gas stocks heading for lowest levels in years after summer period
European gas storage facilities are being refilled too slowly according to current market data. Experts warn that EU countries risk entering the upcoming winter with the lowest gas reserves seen in 13...
Trump announces 'historic' oil deal with Venezuela
Former US President Donald Trump announced a significant agreement with Venezuela regarding access to the country's oil reserves. This deal reportedly grants the United States partial control over a l...
Instagram addictive? Meta demands YouTube and TikTok take action too
Meta has implemented stricter safety measures, such as time limits and night locks, for teen users on Instagram and Facebook following a massive legal settlement. However, critics are raising concerns...
Food Center Amsterdam
Private label strawberry jam now costs only 69 cents, A-brand 3.39: the fierce battle behind the prices
Supermarket chains in the Netherlands are engaging in an intense pricing battle between private label products and premium A-brands. Industry experts explain that the significant price differences are...
Amsterdam tenant forces rent reduction from 1200 to 380 euros and survives landlord's eviction attempt
Real estate agents agree: the bidding process needs to be clearer
Real estate associations NVM and Vastgoed Nederland are calling for new legal regulations to improve transparency in the home bidding process. They are joining the Vereniging Eigen Huis in advocating ...
Lil' Kleine demands hundreds of thousands back from former manager Nathan Moszkowicz
Fed official Kevin Warsh says US central bank must fight inflation
Federal Reserve official Kevin Warsh has signaled that the U.S. central bank may need to address persistent inflation by raising interest rates. He emphasized that the Fed has work to do to maintain e...
Swapfiets tracks down more stolen bikes but remains unprofitable
Bicycle subscription company Swapfiets is seeing its annual losses decrease after eleven years in operation, driven partly by the popularity of its e-bike subscriptions. Despite this positive trend, t...
Naomi Italiaander steps down as JA21 Amsterdam councilor
NS could have explained rules for cheap subscription better
NS CEO Wouter Koolmees acknowledged that the communication regarding the temporary Dal Vrij subscription last summer could have been handled more effectively. Despite describing the rollout as a hasty...
Saving points at MediaMarkt takes five times longer due to new terms
MediaMarkt has updated its loyalty program terms, effective from the end of September. Customers will now need to collect five times as many points as before to earn rewards.
Remaining gas grid users may face four times higher transport costs
The Netherlands Authority for Consumers and Markets warns that gas network transport costs could quadruple for remaining users over the next 25 years. This increase is expected as fewer households and...
Staff shortage: night shipping on Amsterdam-Rhine Canal impossible for dozens of vessels
Starting next week, the Amsterdam-Rijnkanaal will close to large vessels during nighttime hours due to a shortage of maritime traffic controllers at Rijkswaterstaat. This restriction affects ships lar...
Payments to Syria easier now that country is off US terror list
Visa and Mastercard have resumed processing transactions in Syria after the United States removed the country from its list of state sponsors of terrorism. While this move facilitates international mo...
Number of young people on welfare rises for third year in a row
The number of people receiving social assistance in the Netherlands has risen for the twelfth consecutive quarter. Notably, the number of young people under 27 on benefits increased by 5.7 percent in ...
New wave of complaints about real estate agents: 'Add 10,000 euros and the house is yours'
The Vereniging Eigen Huis has reported nearly 1,000 complaints regarding real estate agents over a four-month period. The association is calling for stronger regulations and better consumer protection...
Unions continue preparations for Schiphol security guard strikes
