Business News in English
Latest business headlines from Dutch news, translated into English.
Apple CEO Tim Cook steps down and is succeeded by John Ternus
Tim Cook is stepping down as CEO of Apple and will be succeeded by John Ternus in September. Ternus currently serves as the head of the company's hardware division.
Rat poison put in baby food in attempt to extort German manufacturer
Rat poison found in HiPP baby food jars was intentionally added as part of an extortion attempt against the German manufacturer. The Austrian police issued a public warning regarding the contaminated ...
Government insists no one is profiting from sky-high fuel prices
The Dutch cabinet maintains that neither oil companies nor the national treasury are profiting from high fuel prices. Consequently, the government has decided against implementing measures to skim off...
Amsterdam clears path for shared cargo bikes as city lifts restrictions
Trendwatcher Vincent Everts test drives (almost) self-driving Tesla: ‘It was a delightful drive’
New ‘skinny bike’ with thinner tires on the rise: ‘Our first batch sold out immediately’
Online gambling market shrinks due to stricter rules, but illegal gambling rises
The Dutch online gambling market has seen a decline in revenue following the implementation of stricter play limits, according to the Netherlands Gambling Authority (Ksa). While legal gambling activit...
Energy companies support government energy measures
Dutch energy companies, represented by industry association Energie-Nederland, have expressed support for the government's recently announced energy measures. The association praised the focus on sust...
Delay of 150 youth housing units over a single parking space leads to new setback as construction costs rise
The construction of approximately 150 youth apartments along the Spaarndamseweg in Haarlem has been delayed due to a parking space shortage, resulting in higher rents to cover increased building costs...
Transport sector dissatisfied with government support package
The Dutch transport sector, represented by TLN, has criticized the government's support package for high fuel prices as being insufficient to cover rising costs. Although road taxes for trucks will be...
Mass claim against Odido could be settled ‘within a year’: ‘Company may choose to settle’
A mass claim has been filed against Dutch telecom provider Odido, which a legal expert suggests could be resolved within a year if the company opts for an early settlement. Although such legal procedu...
Drama school De Trap won't have to close: over 130,000 euros raised
Theaterschool De Trap in Amsterdam has successfully raised over €131,000 through a crowdfunding campaign, preventing the 40-year-old institution from permanent closure. The funds will be used to set...
Drama school De Trap saved from closure: over 130,000 euros raised
Theaterschool De Trap in Amsterdam has successfully raised over 131,000 euros through a crowdfunding campaign, allowing the institution to avoid closure after facing financial difficulties. The 40-yea...
The Dutch want nuclear energy and this new state company will manage it, 100 people already employed
A majority of Dutch citizens now support the expansion of nuclear energy, leading the government to establish a new state-owned company to manage the construction of new power plants. The organization...
Herbert on energy package: No one thinks it's finished yet
Minister Heleen Herbert of Economic Affairs and Climate stated that the government’s work on the energy measures package is not yet complete. She emphasized that weekly discussions with various sect...
New start for beach pavilion Deining in Castricum aan Zee: ‘Everyone is super excited’
Strandpaviljoen Deining in Castricum aan Zee has reopened following an extensive six-month renovation. Owner Sharon Groot has taken over the business from her father, introducing a new interior and me...
Environmental groups find government energy measures insufficient
Dutch environmental organizations Milieudefensie and Natuur & Milieu have criticized the cabinet's energy measures for failing to significantly reduce dependence on oil and gas. The groups argue that ...
Cabinet allocates over 950 million euros for energy measures
The Dutch cabinet has allocated over 950 million euros to mitigate rising energy prices for citizens, businesses, and farmers. The package includes 627 million euros in direct aid and 340 million euro...
Mileage allowance up, motor vehicle tax down: these are the government's energy measures
The Dutch cabinet is increasing the tax-free kilometer allowance for employees by two cents while significantly reducing motor vehicle taxes for vans and trucks. These changes will be financed by redu...
Oil prices rise after new closure of Strait of Hormuz
Oil prices rose on Monday morning following Iran's decision to re-close the Strait of Hormuz. This follows a brief period on Friday when the blockade was lifted, which had temporarily caused energy pr...
Travel allowance won't increase everywhere after government intervention: ‘It’s just costs’
The Dutch cabinet plans to increase the tax-free travel allowance from 23 to 25 cents per kilometer. However, many employers are expected to maintain current rates rather than raising actual reimburse...
Pension too low, fraud victim? Consumers increasingly complain to ombudsman thanks to AI
The Dutch financial complaints institute, Kifid, reported a significant increase in consumer complaints over the past year. Director Eveline Ruinaar noted that consumers are finding the organization m...
Many more young people, I'm happy about that
Record Store Day, which originated in the United States in 2008 to support struggling record stores, has evolved into a popular annual event in the Netherlands. The celebration features special releas...
Well-known Dutch café closes after 60 years as family business finds no successor: ‘It’s time’
After 60 years, the family-owned Café Zaal Ton Oomen in Gelderland is closing its doors as no successor was found for owner Ton. Known for its traditional atmosphere, the historic Dutch pub will be d...
Mass claim looming against Odido: ‘Millions of Dutch people must receive compensation’
Privacy foundation CUIC is launching a mass claim against telecom provider Odido following a cyberattack that compromised the personal data of 6.2 million Dutch citizens. The foundation accuses Odido ...
They run a ‘social hostel’ in the Red Light District: ‘It’s not just "here’s the key, have fun in the city"’
Higher flight tax unthinkable for aviation industry due to fuel crisis: ‘Increase is indefensible’
Container falls from crane onto ship in Port of Rotterdam
A container potentially containing hazardous materials fell from a crane onto a ship in the Port of Rotterdam's Maasvlakte area. Emergency services are currently on-site, and a crisis team has been co...
Hamerkwartier residents concerned about new district: 'You see the heart of North slipping away'
Residents of the Hamerkwartier in Amsterdam-Noord held a manifestation to express concerns over plans to build 6,000 new homes and high-rise towers reaching up to 130 meters. Locals and small business...
