Business News in English
Latest business headlines from Dutch news, translated into English.
Inflation is falling, though it doesn't feel like it: ‘When prices stay the same you don't notice, but when they rise you do’
Although inflation is technically decreasing in the Netherlands, rising oil prices due to geopolitical tensions are creating a feeling of sustained financial pressure. While costs for daily groceries ...
Many more hospital staff may be underpaid: FNV prepares new lawsuit
The trade unions FNV and NU'91 report that many hospital staff members across the Netherlands may have been underpaid. This follows recent court victories by nurses regarding payment issues, prompting...
Farmyards must remain clean: Rijnland takes a tough stance on surface water risks
The Hoogheemraadschap van Rijnland is strictly monitoring farms to prevent pollution from entering surface water. This year, the water authority has already conducted 297 inspections to ensure farmyar...
Frank van Brandwijk (60) has been renting out the bottom floor of his house on Airbnb for eight years: ‘Sometimes they even leave it cleaner than it was’
Amsterdam must pay shipping company damages for unlawful canal cruise policy
Bob Sikkes and DJ Bella on De Zwoele Stad discuss Amsterdam nightlife, the housing market, and World Pride
The talkshow De Zwoele Stad features contractor Bob Sikkes and DJ Bella discussing the Amsterdam housing market, the city's nightlife, and the upcoming World Pride event. The conversation highlights t...
Aviation chief: Residents, aviation sector, and government must return to the Schiphol table, we cannot stay stuck in the past
Tyrannosaurus rex skeleton auctioned for record 50 million dollars
The skeleton of a Tyrannosaurus rex named Gus was sold at an auction for a record-breaking $50.1 million. This sale marks the highest price ever paid for a dinosaur skeleton at an auction.
Consumers continue to struggle with high prices for goods, services, and gasoline
Consumers in the Netherlands are expected to continue facing high prices for goods, services, and fuel due to the ongoing conflict in the Middle East. However, these negative impacts on households are...
Iron Maiden sells music rights to ABBA singer Björn Ulvaeus' company
The British heavy metal band Iron Maiden has sold a portion of its music catalog to Pophouse Entertainment, a Swedish company co-founded by ABBA's Björn Ulvaeus. Financial details of the transaction ...
Buffett stops donations to Gates Foundation following Epstein controversy
Warren Buffett has announced that he will stop donating to the Bill and Melinda Gates Foundation for the first time in two decades. While the American investor continues to distribute a large portion ...
Cabinet wants fewer pesticides but leaves growers with questions
The Dutch cabinet has reached an agreement with farmers to reduce the use of pesticides in the coming years. However, specific targets regarding the exact reduction percentages remain unclear, leaving...
Court upholds ban on US acquisition of DigiD manager
Court upholds ban on Kyndryl's acquisition of Solvinity
A Dutch court has upheld the decision to prohibit the acquisition of the IT company Solvinity by Kyndryl. The ruling prevents the proposed takeover from proceeding.
Payment processor CCV fined millions again for failing anti-money laundering checks
The Dutch central bank has fined payment company CCV over 2.6 million euros for failing to implement adequate anti-money laundering and fraud controls. This marks a repeated failure by the Arnhem-base...
Russia places AkzoNobel's Russian subsidiaries under state control
Russian President Vladimir Putin has placed the Russian subsidiaries of the Dutch multinational AkzoNobel under temporary state control. AkzoNobel is currently evaluating the decision, noting that the...
1650 euro penalty for solar panel owner refusing digital meter
The Dutch government has introduced a fine of 1,650 euros for solar panel owners who refuse to replace their traditional electricity meters with digital ones. These penalties will continue to increase...
Klushub cost over 600,000 euros and was used by only three entrepreneurs
The Amsterdam city council spent 661,000 euros on a 'Klushub' pilot project intended to help entrepreneurs switch to electric vehicles, but only three businesses made use of the service. Despite the s...
Inflation hits fuel hardest, but supermarket prices not yet rising
Recent research from the Dutch Central Bank indicates that inflation is primarily driven by rising fuel prices due to geopolitical tensions in the Middle East. Despite the perception of broad price in...
Netflix to launch game show based on Monopoly board game
Netflix is developing a reality game show based on the classic board game Monopoly. Twelve contestants will compete for a grand prize of $2 million, with the series expected to premiere in the fall of...
While friends play games, Job and Julian (11) find fun in their business: We do want to earn some money
Eleven-year-olds Julian Verzendaal and Job Weerheim have launched their own candy business, demonstrating a professional approach to wholesale purchasing and negotiations. The two boys are aiming for ...
US states take legal action against multibillion-dollar Warner-Paramount merger
A group of twelve U.S. states is seeking to block the acquisition of Warner Bros. Discovery by Paramount Skydance. They argue that the merger would reduce market competition and lead to higher prices ...
Oil price at highest level since Iran and US signed declaration of intent
Oil prices have reached a four-week high following a significant increase on Monday and Tuesday. The rise is attributed to the United States' announcement of a blockade in the Strait of Hormuz and Pre...
Beware, as the holidays are a goldmine for bank fraudsters
ABN Amro warns that criminals are increasingly exploiting personal data shared online to commit bank fraud while people are on vacation. Research conducted among one thousand residents indicates that ...
Think tank report: solar energy provides quarter of EU electricity for the first time
According to the energy think tank Ember, solar energy accounted for a quarter of the total electricity production in the European Union for the first time in June. This milestone marks a significant ...
KLM seeks alternative routes after Houthi warning on Saudi airspace
KLM is investigating alternative flight paths for two flights traveling from India to Amsterdam due to safety warnings from Houthi rebels regarding Saudi Arabian airspace. The airline is adjusting its...
How the World Cup became a money machine for FIFA: no taxes, record revenue of 11.5 billion euros, and ‘everything is for Infantino’
The FIFA World Cup has achieved record commercial success, generating 11.5 billion euros in revenue while benefiting from tax-exempt status. With the tournament expanding to 48 countries and 104 match...
Dubai works on plans for new port to bypass Strait of Hormuz
Port operator DP World is planning to construct a new port in Fujairah on the east coast of the United Arab Emirates. This project aims to provide an alternative route for ships to bypass the Strait o...
Michael Jackson film to be first biopic to gross over $1 billion
The Michael Jackson biopic titled Michael has officially grossed over $1 billion worldwide. This achievement marks the first time a biographical film has reached this major financial milestone.
What the targeted Ajax striker lacks in physicality, he compensates for with his vision: this is Marcos Leonardo
Ajax is nearing a deal to sign Brazilian striker Marcos Leonardo for 17.5 million euros plus bonuses. The club hopes the forward will strengthen their attack at the Johan Cruijff Arena in Amsterdam.