Business News in English

Elon Musk to become first-ever trillionaire: net worth rising by $1 million per minute

Elon Musk is projected to become the world's first trillionaire as his fortune grows at an average rate of 1 million dollars per minute. Over the past year, his wealth has increased exponentially and ...

Consultancy firm investigates UWV following reports of culture of fear

Consultancy firm KPMG has launched an investigation into the Dutch benefits agency UWV following reports of a potential culture of fear within the organization. The UWV confirmed the probe on Thursday...

Why the European Central Bank is likely to raise interest rates today for the first time in three years

The European Central Bank is expected to raise interest rates for the first time in three years this Thursday to combat rising inflation. This decision aims to stabilize prices and may offer better re...

Investigation into toxic work culture at UWV following reports from young doctors in Amsterdam

Favamole makes dips from special beans: 'Also good for the soil'

Favamole founder Edwin Sander produces sustainable dips using unique beans that are beneficial for soil health. The company focuses on a mission-driven approach to food production and environmental su...

Future of former V&D building suddenly uncertain: developer reconsidering housing and scraps restaurant plans

The redevelopment of the former V&D building in Haarlem has become uncertain as developers 3W Estate and AT Capital struggle to finalize plans for housing, shops, and offices. Plans for an eighth-floo...

'New style' DekaMarkt store opens with old logo due to nesting pigeon above entrance: 'Nature has its own schedule and we are happy to adapt'

The DekaMarkt branch in Velserbroek opened its renovated store on June 18 while temporarily retaining its old logo sign. Management decided to delay the installation of the new branding to avoid distu...

All your empty bottles and cans gone at once: Rataplan Heemskerk now has a bulk deposit machine

Rataplan Heemskerk has introduced a new bulk deposit machine that allows customers to return all their empty bottles and cans at once. This initiative aims to simplify the recycling process for sustai...

2 million Dutch people overpay ‘130 euros’ for games

A Dutch foundation is launching a mass claim against Steam's parent company on behalf of over two million consumers who allegedly overpaid for PC games. The claim argues that the platform restricts de...

Self-driving Teslas allowed in Belgium: 'Shorter testing period thanks to RDW'

Tesla owners in Belgium are now permitted to use Full Self-Driving technology, allowing for hands-free driving similar to regulations in the Netherlands. The approval process was shortened due to prel...

A dignified farewell: ‘Vintage Bags & Jewelry’ in Haarlem opens twice more after sudden death of owner Ida

The shop 'Vintage Tassen & Sieraden' in Haarlem will open for two final days this month following the sudden death of its owner, 75-year-old Ida Bisschop. Her daughter, Sanne van Hilten, is organizing...

Fishmonger Nico Waasdorp sells Dutch new herring for one guilder in swipe at rivals charging four euros

Fishmonger Nico Waasdorp from IJmuiden is selling Dutch herring for one guilder on June 16, the official start of the season. This campaign serves as a playful protest against the sharp rise in herrin...

Billionaire Gates says he had limited contact with Epstein

Billionaire Bill Gates told an investigative committee that he had no knowledge of the crimes committed by Jeffrey Epstein. Gates stated that his contact with Epstein was limited and that he rejected ...

No forced layoffs at ASML next year after union agreement

ASML and labor unions have reached an agreement to prevent forced layoffs due to reorganization until May 1, 2027. The deal follows the Veldhoven-based tech company's previous announcement that it pla...

New entrepreneur should have known about Pavilion Het Witte Huis exit: 'Building must be empty by August 31,' alderman repeats

The Haarlem city council has reiterated that the operator of Pavilion Het Witte Huis must vacate the building by August 31st. Officials stated the entrepreneur should have been aware of the deadline a...

More issues than expected at Brabant meat processor: NVWA intervenes

The Dutch Food and Consumer Product Safety Authority (NVWA) has expanded its intervention at a meat processing plant in Nuenen after discovering extensive and structural deficiencies. Customers are no...

KPN not yet giving up on Delta fiber acquisition

KPN is contesting a decision by the Netherlands Authority for Consumers and Markets (ACM) to block its acquisition of Delta Fiber. The regulator halted the deal over concerns that KPN would become too...

Americans see prices rising sharply for the third month in a row

Inflation in the United States rose sharply in May, driven by increased fuel prices resulting from the conflict in the Middle East. This marks the third consecutive month of significant price hikes, l...

Amsterdam canal boat skippers pelted weekly with water balloons and eggs: ‘This is simply life-threatening’

3,100 kg of illegal fruit tobacco found at Westpoort industrial estate

Director of Lisse flower seed company suspected of sexual assault, prosecution demands community service. 'The suspect only thought of his own desires'

The Public Prosecution Service has demanded a 60-hour community service sentence for the director of a flower seed company in Lisse accused of sexually assaulting an employee. The suspect faces charge...

Many World Cup tickets offered on resale sites

A survey by the Financial Times has revealed that 180,000 World Cup tickets remain available on official resale platforms. This high availability has raised concerns about whether stadiums will reach ...

Netherlands will be unable to meet electricity demand by 2030, grid operator TenneT warns

Grid operator TenneT warns that the Netherlands will be unable to fully meet its electricity demand by 2030. This situation increases the risk of energy shortages as the demand continues to outpace th...

TenneT sees risk of power shortages increasing faster: 'Must be prepared'

TenneT, the operator of the Dutch high-voltage grid, warns that the risk of power shortages is increasing more rapidly than expected due to growing demand. Potential shortages could occur on winter ev...

Menstrual and menopause symptoms in cleaning labor agreement: 'Endure the discomfort'

The Dutch cleaning sector has officially included provisions for menstrual and menopause symptoms in its new collective labor agreement. This update recognizes the impact of these health issues on wor...

57 municipal notices on demolition, tree removal and hospitality in Haarlem last week

The municipality of Haarlem processed 57 permit applications last week concerning demolition, tree felling, and hospitality activities. These reports aim to inform residents about various developments...

Watch COVID inquiry: Former minister Van Ark oversaw face mask procurement

Former Dutch ministers Tamara van Ark and Wouter Koolmees are testifying on the sixth day of the parliamentary inquiry into the government's COVID-19 response. Van Ark is being questioned about the pr...

Pilot lies about credentials for 17 years and flies around the world over 900 times

An Air Canada pilot flew for seventeen years and conducted over nine hundred domestic and international flights without a valid license. During this period, the former captain transported tens of thou...

Gasunie concerned about gas reserves for coming winter

Gasunie has expressed concerns that gas reserves in the Netherlands may not be replenished in time for the upcoming winter. The national gas infrastructure company warns that storage levels could fall...

People and companies prosecuted for Hong Kong residential complex fire

Authorities in Hong Kong are prosecuting seven individuals and two companies following a fatal fire at the Wang Fuk Court residential complex last year. The charges, linked to renovation work at the s...