Business News in English

ACM also investigating Odido measures to protect customer data

The Authority for Consumers and Markets (ACM) has launched an investigation into the measures taken by telecom provider Odido to protect customer personal data. The regulator is assessing whether the ...

Large group of real estate agents criticize Funda's new working method

Nineteen regional departments of the Dutch real estate association NVM have expressed dissatisfaction with Funda's new policy. The group criticized the platform's decision to increase rates for placin...

Volkswagen may cut another 50,000 jobs to reduce costs

Volkswagen CEO Oliver Blume has indicated in an internal document that the automaker may cut an additional 50,000 jobs to reduce costs and maintain competitiveness. The company is taking these measure...

EU gives final approval to revised air passenger rights

European Union member states have granted final approval to revised air passenger rights, which are set to take effect by mid-2027. This decision follows previous support from the European Parliament.

Netherlands becoming more attractive for viticulture: 'But hotter isn't always better'

Viticulture in the Netherlands is growing rapidly as rising temperatures create more favorable conditions for grape cultivation. This warming climate has led to an increase in the number of vineyards,...

Dutch exports continue to rise in May, more petroleum products exported

Dutch exports increased by 5.5 percent in May compared to the same month last year. According to Statistics Netherlands, this growth was primarily driven by a rise in the export of petroleum products.

Moana among worst-performing Disney films after disappointing start

Disney's new live-action remake of the 2016 film Moana, released in the Netherlands as Vaiana, had a disappointing opening weekend. The film grossed 95 million dollars globally, marking it as one of t...

Foundation demands hundreds of millions in mass claim against buy now pay later service Klarna

The foundation Massaschade & Consument (SMC) has initiated a mass claim against the payment service Klarna. The foundation alleges that the company is violating consumer credit regulations on a large ...

Oil price hits three-week high after further escalation in Middle East

Oil prices have reached a three-week high due to escalating tensions in the Middle East. The rise follows military exchanges between Iran and the United States concerning the blockade of the Strait of...

Claims processing for disasters like Limburg floods still too complex

Five years after the floods in Limburg, the Dutch Association of Insurers reports that disaster damage processing remains overly complex and poorly regulated. The organization expresses concern that v...

Municipality must pay thousands of euros to canal cruise company following failed permit policy

A civil court has ruled that the municipality of Amsterdam must pay compensation to the shipping company Blue Boat due to a flawed licensing policy for tour boats. The policy, which forced many compan...

Dozens of people missed Transavia flight due to long queues at Schiphol

Dozens of passengers missed their Transavia flights on Friday night due to long queues at the check-in counters at Schiphol Airport. The airline attributed the delays to ongoing capacity issues.

Tom and Rolf have been best friends for thirty years, now one of them has to go

Lifelong friends Tom and Rolf face a difficult situation after a corporate reorganization threatens their professional relationship. Rolf expresses his disillusionment with the process through Anne-Ma...

Haroon Sheikh explored how Eindhoven and Amsterdam can benefit from each other (spoiler: a lot!)

Professor Haroon Sheikh has investigated the potential for greater collaboration between the technology sectors of Amsterdam and Eindhoven. Following a challenge from former ASML CEO Peter Wennink, th...

Baby boomer inheritance widens wealth gap: 'Inheritance tax comes too late'

The wealth gap in the Netherlands is widening due to increasingly large inheritances being passed down from the baby boomer generation. While a majority of the public supports higher taxes on large in...

Then at Mercatorplein: this is where the story of the Dirk van den Broek supermarket began

The Dirk van den Broek supermarket located at Mercatorplein stands on historically significant ground where the company's story began. This location serves as the origin point for the well-known Dutch...

Apple sues OpenAI and two former employees for stealing trade secrets

Apple has filed a lawsuit against OpenAI, alleging that the company stole confidential information. Additionally, Apple claims that two former employees misappropriated trade secrets for the benefit o...

More reports of stolen packages: Thieves just walk right into the hallway

Police reports indicate a 15% increase in package theft across Amsterdam over the first four months of the year, with a notable spike in the Oost district. Authorities and legal experts clarify that s...

Entrepreneur Marjorie De Cunha sees Amsterdam Southeast changing: 'Bijlmer used to be a dirty word, now it's hot and trendy and everyone wants to live there'

‘Power will fail if we do nothing’: Liander must place 2,600 electrical substations in Amsterdam but nobody wants them in front of their door

Many Western companies have left, but new Spar stores are still opening in Moscow: ‘Difficult situation’

Despite EU sanctions against Russia, Spar supermarkets continue to operate and even open new locations within the country. The Dutch-based retail chain claims it is unable to terminate existing contra...

Shortage of ferry operators a major problem: 33 vacancies and staff departures looming

Public transport operator GVB is facing a significant shortage of ferry skippers, with 33 vacancies and an expected increase in departures due to retirement. This staffing crisis has recently caused s...

Supermarket chain Lidl hacked: customer phone numbers and email addresses stolen

Supermarket chain Lidl has confirmed that hackers gained access to customer data, including phone numbers and email addresses. The company has notified the Dutch Data Protection Authority, although th...

Housing shortage requires not just more homes but also better choices

While new housing construction in the Netherlands has reached its highest level since 2015, sales of these properties have declined by approximately 7 percent. Real estate experts argue that the natio...

New advisory board must ensure higher national labor productivity

The Dutch government has established an independent advisory board tasked with increasing national labor productivity. This initiative aims to address economic efficiency across the country.

ING customers experience much less discrimination, but the problem is not solved

ING customers with minority ethnic backgrounds continue to report experiencing discrimination during bank compliance checks aimed at preventing money laundering and terrorism financing. However, the b...

Ounahi's market value is only 10 million. Perhaps one for Ajax? He is better than Steur

How Amsterdam-based travel app Polarsteps became an international hit: travel the world and let your friends follow along

Potentially carcinogenic substance in squishy dumpling toys, bol stops sales

Online retailer bol and candy store chain Jamin have halted sales of popular squishy dumpling toys following research by a Flemish toxicologist. The study suggests the products may contain potentially...

Dozens of ships pass through Strait of Hormuz despite attacks

Despite recent attacks on vessels, dozens of ships continue to transit the Strait of Hormuz daily. While traffic remains significantly lower than levels recorded before the start of the conflict in th...