Business News in English
Latest business headlines from Dutch news, translated into English.
Economic growth disappoints due to uncertainty: 'Just short of stagnation'
The Dutch economy grew by only 0.1 percent in the first quarter of the year, narrowly avoiding stagnation according to figures from CBS. This lower-than-expected growth rate is attributed to ongoing e...
Red Bull management realizes they must improve quickly to convince Verstappen: car put on major diet
Red Bull Racing leadership acknowledges the urgent need for performance improvements to ensure Max Verstappen remains with the team. A critical development phase begins this weekend at the Miami Grand...
Air France-KLM fears $2.4 billion in extra fuel costs: The biggest blow is yet to come
Air France-KLM expects to spend an additional $2.4 billion on fuel this year due to the conflict in the Middle East. While the aviation group reported improved results for the first quarter, it warns ...
Two arrested after robbery report at Cruquius industrial estate
Two individuals were arrested following a report of a robbery at a business on the Crommelinbaan in Cruquius during the night from Wednesday to Thursday. The police detained the suspects at the indust...
Mika Godts alerts top clubs with wonder goal, but how high could the transfer fee rise?
Ajax winger Mika Godts has drawn attention from major European clubs following a spectacular goal against NAC Breda, leading to speculation regarding his potential transfer fee. The article identifies...
Labor market tightness eases slightly but remains high
The tightness in the Dutch labor market decreased slightly in the last quarter but remains at a high level. According to data from Statistics Netherlands (CBS), there are currently 91 vacancies for ev...
Many employees get less holiday pay, part-timers receive tens of euros extra
Dutch employees will see significant variations in their holiday pay this year, with some receiving less while others, particularly part-time workers, see increases of up to 200 euros. The changes are...
ATM will not return; two suspects in Santpoorterstraat bombing quickly released
Two suspects arrested for the ATM explosion robbery at Santpoorterstraat last Tuesday have been released from custody. The destroyed ATM, which was located in an annex of a real estate office, will no...
Ray van den Berg Hair & Hairpieces celebrates 60 years: 'We are more than just a hair salon'
Ray van den Berg Kappers & Haarwerken is celebrating its 60th anniversary on May 5. The family-owned salon, which Ray first helped reopen as a child in 1976, is now managed by him and his wife Laura.
Controversial Brazilian meat giant settles in the Netherlands as activist groups fight back
Sellers forced to compromise: 12.2 percent of homes reduced in price
A new trend report from housing platform Huispedia reveals that 12.2% of homes have seen price reductions as overbidding becomes less common. Sellers are increasingly forced to lower their asking pric...
RAI Amsterdam cautious amid challenges, but growth plans remain on the table: ‘I am trying to entice Amsterdam’
Fed Chair Powell to remain on US central bank board after term expires
Federal Reserve Chair Jerome Powell has announced his decision to remain on the central bank's board of governors after his current term as chair concludes. This rare move is intended to safeguard the...
Café Trouw and coffee bar AX join forces in Koningstraat: 'We’re in the casual dating phase'
Café Trouw and coffee bar AX have launched a partnership on Koningstraat in Haarlem to offer a combined service. AX provides specialty coffee in the morning, while Café Trouw takes over in the after...
Nostalgic candy shop Ieteke in Santpoort closes its doors after five years: ‘It’s not yet a final goodbye’
Annemarie and Fedor Haaker have closed their nostalgic candy store, Ieteke, in Santpoort-Noord after five years of operation. The owners decided to shut down because the business's turnover no longer ...
Brent oil price hits highest level since June 2022
The price of Brent oil reached its highest level since June 2022 on Wednesday. This increase is attributed to the ongoing geopolitical stalemate in the conflict between the United States and Iran.
Oil and gas companies TotalEnergies and BP see profit jump since war in Iran
Oil and gas companies TotalEnergies and BP reported a significant surge in profits during the first quarter of 2026. This financial growth is attributed to rising oil prices resulting from the conflic...
'Five hundred additional hectares for industrial land'. Businesses north of the North Sea Canal want to grow
Entrepreneurs in the region north of the North Sea Canal are calling for 500 hectares of additional industrial land to match local housing growth. Economic Forum chairman Friso de Zeeuw emphasizes tha...
Rental supply continues to shrink despite changes in rent law, researchers say
ABN AMRO researchers warn that the supply of middle-segment rental housing will continue to shrink as long as the government maintains high taxes on private rental properties. Despite recent changes i...
Multi-million dollar stunt: how Lego brought four global stars together in one commercial
Nearly 2,200 households in Amsterdam-Noord hit by power outage
Approximately 2,180 households in Amsterdam-Noord were left without power on Tuesday afternoon after a cable was damaged during excavation work. Grid operator Liander reported that the outage affected...
Families of Canada shooting victims sue OpenAI
Family members of victims from a February shooting in Canada have filed a lawsuit against OpenAI, the creator of ChatGPT. The lawsuit alleges that the company's software identified the shooter as a th...
Katwijk fishing industry in distress, affecting IJmuiden; South Holland province steps in
High fuel prices are putting significant pressure on the fishing industry in Katwijk and Scheveningen, forcing many vessels to remain docked. This economic strain also affects the port of IJmuiden, wh...
OPEC loses key member, benefiting gas prices
The United Arab Emirates has announced its withdrawal from OPEC, representing a significant blow to the oil cartel. This decision is expected to have international implications and may lead to lower g...
Grid operator not required to connect data center to congested power grid
A Dutch court ruled on Wednesday that grid operator TenneT is not required to provide an immediate power connection to a large data center in an area with an overloaded grid. The ruling establishes th...
Verweyhal gets a new future
The Haarlem city council has approved the sale of its share of the Verweyhal national monument to the Raiola heirs to facilitate a full restoration of the historic building. The renovation, set to beg...
Other countries not yet following UAE in exiting oil companies
Russia, Kazakhstan, and Iraq have announced they will not follow the United Arab Emirates' decision to exit OPEC and OPEC+. The UAE's departure from the oil-producing organizations was announced on Tu...
Godts' Ajax departure likely after the World Cup but club will cash in this summer
Heirs of football agent Mino Raiola buy Verweyhal in Haarlem
The heirs of late football agent Mino Raiola have purchased the monumental Verweyhal building in Haarlem from the local municipality. The city council approved the sale of the historic Grote Markt pro...
Meta reprimanded: Children under 13 join Instagram and Facebook too easily
The European Commission has criticized Meta for failing to adequately prevent children under the age of 13 from accessing Facebook and Instagram. Despite the company's own terms and conditions, its la...