Business News in English

Bernard (81) loses thousands of euros to sophisticated new bank scam: 'I’m deeply ashamed'

An 81-year-old man named Bernard lost thousands of euros to sophisticated bank help desk fraud that utilizes AI and data leaks to impersonate bank staff. Data from ABN Amro reveals that scammers now u...

FNV warns government: don't abolish the weekend through extended opening hours

The FNV trade union has urged the Dutch cabinet to maintain existing shopping hour regulations to protect weekends, evenings, and holidays for workers. FNV official Linda Vermeulen warned that expandi...

Marlboro under fire over ads encouraging youth smoking

Marlboro is facing backlash for advertising campaigns in regions including Asia, Morocco, and Germany that critics say encourage young people to smoke. These advertisements reportedly contradict the c...

Rare Swatch sale spirals out of control: stores in Amsterdam, Utrecht, and Leidschendam remain closed

The release of a rare Audemars Piguet x Swatch watch was canceled on Saturday morning due to extreme crowds at several store locations. Branches in Amsterdam, Utrecht, and Leidschendam remained closed...

CBS outage resolved after Almere data center fire

The Central Bureau for Statistics (CBS) has resolved a system outage caused by a fire at a datacenter in Almere last Thursday. The disruption also impacted other companies using the facility, but serv...

Annemiek and Thomas buried under return packages from unknown Chinese webshop

Annemiek and Thomas Buiter have been receiving a continuous stream of return packages for years because an unknown Chinese webshop provided their home address as a return destination. Despite their ef...

Is €7.50 for a slice of apple pie acceptable in Amsterdam? ‘Outrageous, I say as a guest, but as a business owner I understand it’

Experts on state aid for Tata: 'Amsterdam won't get a green port without those 2 billion'

Sharp losses on New York stock exchanges, oil prices significantly higher

Stock markets in New York closed with significant losses on Friday, reversing gains from the previous day. Technology and chip stocks were among the biggest decliners, while oil prices saw a substanti...

Long queue at Swatch store in P.C. Hooftstraat for exclusive watch: ‘I’m going to resell it immediately’

Reuters: SpaceX to join Nasdaq on June 12

Elon Musk's commercial space company, SpaceX, is expected to go public on the Nasdaq exchange on June 12. Sources familiar with the matter reported the news to Reuters, marking a significant developme...

China makes 'fresh start' with US dependent on handling of Taiwan

During a state visit to China, U.S. President Donald Trump announced that the two countries reached significant deals and resolved numerous issues. However, Beijing emphasized that a successful future...

Environmental agency threatens to revoke permits for both coke gas plants

The North Sea Canal Area environmental agency has formally notified Tata Steel that it is preparing to revoke the operating permits for both of its coke gas plants. This notification was sent via lett...

Queuing for days for a trendy watch, but mostly for resale: Can make a lot of money

A large crowd has gathered in Amsterdam's P.C. Hooftstraat to queue overnight for the release of an exclusive 400-euro watch, which many hope to resell for significant profit. Resellers and collectors...

Tata Steel: steel market conditions very challenging due to war

Tata Steel reports that global market conditions for the steel industry have become highly challenging due to the conflict in the Middle East and rising energy prices. The Indian group, which owns the...

David and Victoria Beckham can now call themselves billionaires

David and Victoria Beckham have officially reached billionaire status according to the annual Sunday Times Rich List. The couple's joint wealth is now estimated at over £1.1 billion, which is equival...

Ajax scouting department feels not taken seriously by Jordi Cruijff

Green Pennant crowns Blue Flag for Uitgeest Marina: Not exactly a marketing tool

Owners Menno and Caroline Klein of Jachthaven Uitgeest have received the Blue Flag with a Green Pennant award in recognition of their marina's environmental standards. They emphasized that the award i...

Significantly fewer passengers at Frankfurt Airport due to Lufthansa strikes

Frankfurt Airport experienced a significant decline in passenger numbers in April compared to the previous year due to multi-day strikes by Lufthansa pilots and cabin crew. The industrial action led t...

Dozens of Gall & Gall stores closed due to strike, union calls it a ‘paltry offer’

Schiphol security guards sound alarm: workload sky-high and safety under pressure

Security guards at Schiphol Airport, represented by the FNV union, are sounding the alarm over excessive workloads and a failing safety culture. Employees report that the high pressure is affecting th...

Ben (of Ben & Jerry’s) wants to ‘free’ his ice cream brand: ‘They no longer dare to speak out against Trump’

Ben Cohen, the founder of Ben & Jerry’s, has expressed a desire to buy back the ice cream brand, claiming that its social activism has been stifled under corporate ownership. While Cohen argues the ...

World Cup in US seems to deter rather than attract tourists

A poll of the US hotel industry reveals that most hotels in World Cup host cities have fewer bookings compared to a typical summer without the tournament. High ticket prices and global conflicts are c...

Two employees, 46.2 million in assets – mega fine for secretive taxi app exposes link between Russia and Amsterdam’s Zuidas

Transavia cuts costs due to high fuel prices, does not rule out job losses

Transavia is implementing millions in additional cost savings due to the rising price of aviation fuel. The airline has confirmed it cannot rule out potential job losses as a result of these financial...

Transavia to cut costs significantly: jobs at risk at Schiphol headquarters

Transavia's new CEO Paul Terstegge announced significant cost-cutting measures to achieve an eight percent profit margin. These cuts will lead to job losses among support staff at the company's headqu...

Health of local residents not protected by new Schiphol noise rules

Gezondheid op 1 sues State over customized agreements with Tata Steel; ‘Health is insufficiently protected’

The organization Gezondheid op 1 is filing a lawsuit against the Dutch State over custom agreements with Tata Steel, alleging that health and environmental protections are insufficient. Director Antoi...

TNO finds solution for growing mountain of discarded solar panels

TNO has developed a new laser technology to efficiently recycle discarded solar panels and recover over 99 percent of the silver and high-purity silicon they contain. This innovation aims to provide a...

Many Gall & Gall stores closed today due to strike

Many Gall & Gall liquor stores across the Netherlands are closed today as employees strike over stalled collective labor agreement negotiations. The FNV union organized the walkout, criticizing parent...