Business News in English

Latest business headlines from Dutch news, translated into English.

Bitcoin continues to rise, reaching $80,000 for the first time in months
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Bitcoin continues to rise, reaching $80,000 for the first time in months

The price of Bitcoin has risen to over 80,000 dollars, marking its highest value since mid-May. This surge in interest follows recent interventions by the United States government in the bond market.

Coming in 2028: direct trains from Amsterdam to Copenhagen and Malmö
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Coming in 2028: direct trains from Amsterdam to Copenhagen and Malmö

NS introduces cheaper train tickets during off-peak hours
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NS introduces cheaper train tickets during off-peak hours

Starting Tuesday, the Dutch railway company NS is introducing cheaper train tickets for passengers who travel outside of peak hours. This initiative aims to reduce crowding by encouraging travelers to...

Pride dominates in Zandvoort, door remains always open for Grand Prix return
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Pride dominates in Zandvoort, door remains always open for Grand Prix return

Following the conclusion of the final Formula 1 event in Zandvoort, Mayor David Moolenburgh expressed pride in the positive impact the races had on the town's infrastructure and image. While no furthe...

Bijenkorf webshop fully operational weeks after cyberattack
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Bijenkorf webshop fully operational weeks after cyberattack

The Bijenkorf webshop has returned to full functionality following a cyberattack at a logistics partner earlier this month. The incident had previously caused temporary ordering issues for many produc...

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Schiphol security staff to hold first work stoppages on Tuesday and Wednesday

Schiphol security staff begin strikes: first walkouts on Tuesday and Wednesday
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Schiphol security staff begin strikes: first walkouts on Tuesday and Wednesday

Security staff at Schiphol Airport are launching a series of short work stoppages on Tuesday and Wednesday to protest against high workload levels. The planned actions consist of fifteen-minute strike...

Almost a quarter of cars sold are already 16 years or older: why used cars are so popular
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Almost a quarter of cars sold are already 16 years or older: why used cars are so popular

Nearly a quarter of all cars sold in the Netherlands last year were sixteen years old or older, marking a record high. Experts are analyzing why these older vehicles have become increasingly popular a...

Smaller products reappear in supermarkets without price drops
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Smaller products reappear in supermarkets without price drops

The Dutch Consumers' Association found that dozens of supermarket products decreased in size last year without a corresponding price reduction. While manufacturers often attribute these changes to imp...

Potential buyers know Ajax needs to offload certain players
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Potential buyers know Ajax needs to offload certain players

Labor Inspectorate imposes 316,875 euro fine on luxury gym Saints & Stars
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Labor Inspectorate imposes 316,875 euro fine on luxury gym Saints & Stars

Dutch Consumers' Association still finds dozens of examples of shrinkflation: ‘Persistent problem’
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Dutch Consumers' Association still finds dozens of examples of shrinkflation: ‘Persistent problem’

The Dutch Consumers' Association, Consumentenbond, reports that 'shrinkflation' remains a persistent issue in supermarkets. Manufacturers continue to reduce product package sizes while keeping prices ...

Gold has not been this expensive in three months
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Gold has not been this expensive in three months

The price of gold has reached its highest level in over three months. This increase follows the announcement of intervention measures by the US Department of the Treasury in the government bond market...

Millions of Tesla vehicles recalled in China over door handle issue
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Millions of Tesla vehicles recalled in China over door handle issue

Chinese authorities have ordered the recall of nearly 3 million Tesla vehicles and 1 million other electric cars due to safety concerns regarding flush door handles. The design is deemed problematic f...

More than 1.7 million cars sold or changed owners last year
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More than 1.7 million cars sold or changed owners last year

In the Netherlands, more than 1.7 million cars were sold or changed ownership last year, an increase compared to the 1.67 million recorded in 2024. Data indicates that individuals within the second-hi...

Shein to go public on September 1, company aims to raise over 1.5 billion euros
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Shein to go public on September 1, company aims to raise over 1.5 billion euros

Online retailer Shein is planning to launch an initial public offering on the Hong Kong Stock Exchange on September 1. The company aims to raise approximately 1.5 billion euros through this stock mark...

New head of Horeca Nederland wants to cap Amsterdam tourist tax: ‘We are asking the cabinet to set a limit’
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New head of Horeca Nederland wants to cap Amsterdam tourist tax: ‘We are asking the cabinet to set a limit’

Lawyer uses fake quote, possibly generated by AI, and must pay over 2300 euros
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Lawyer uses fake quote, possibly generated by AI, and must pay over 2300 euros

A lawyer has been ordered to pay over 2300 euros in compensation after including a non-existent court citation in a legal document, potentially generated by AI. The court ruled that the inclusion of t...

When Ingrid shares the real reason she's looking for a new job on LinkedIn, her former employer calls
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When Ingrid shares the real reason she's looking for a new job on LinkedIn, her former employer calls

Ingrid, a 54-year-old employee, faces the loss of her job after 31 years at a family business. She expresses frustration over feeling forced to hide the true circumstances of her departure while seeki...

TikTok's European division posts first profit despite high legal costs
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TikTok's European division posts first profit despite high legal costs

TikTok's European division achieved its first annual profit last year due to significant user growth. However, the company also allocated over $1 billion to cover legal costs and potential fines.

Investigation into deceptive pricing tactics in the traditional taxi industry
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Investigation into deceptive pricing tactics in the traditional taxi industry

The Dutch cabinet is launching an investigation this autumn into a deceptive pricing practice in the traditional taxi industry. Drivers at taxi stands are reportedly refusing fares to coerce customers...

From money stress to angry reviews: six things novice B&B owners underestimate
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From money stress to angry reviews: six things novice B&B owners underestimate

Starting a bed and breakfast is a common dream but comes with significant challenges that many new owners underestimate. Hanny Arens, chair of Stichting Bed and Breakfast Nederland, identifies six pot...

Trump made more than a thousand stock trades in June
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Trump made more than a thousand stock trades in June

In June, U.S. President Donald Trump executed over a thousand stock and investment transactions. This high volume of activity has raised concerns regarding potential conflicts of interest.

Mayor Moolenburgh reflects on 6 years of the Zandvoort Grand Prix
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Mayor Moolenburgh reflects on 6 years of the Zandvoort Grand Prix

Mayor David Moolenburgh reflected on the success of the Formula 1 Grand Prix in Zandvoort as the event approaches its final years. The Dutch Grand Prix is scheduled to conclude after 2026, as organize...

Frontrunners | This machine can still recycle 'worthless' plastic waste
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Frontrunners | This machine can still recycle 'worthless' plastic waste

As part of the 'Koplopers' series, NU.nl is highlighting sustainable projects that provide insight into the future. This week features a machine capable of recycling plastic waste that was previously ...

Deal done: Croatian Josip Sutalo (26) leaves Ajax for Lazio
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Deal done: Croatian Josip Sutalo (26) leaves Ajax for Lazio

Croatian defender Josip Sutalo is leaving Ajax to join the Italian club Lazio on a one-year loan deal. Lazio holds an option to make the transfer permanent following the conclusion of the loan period.

Nobody wants to pay for ChatGPT, so ads are coming: 'Many people find the chatbot mediocre'
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Nobody wants to pay for ChatGPT, so ads are coming: 'Many people find the chatbot mediocre'

OpenAI plans to introduce advertisements into ChatGPT, starting with promotional travel offers, due to significant financial losses. The company is pursuing this strategy as users remain largely unwil...

Insurance doesn't cover everything: Better to leave expensive necklaces at home
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Insurance doesn't cover everything: Better to leave expensive necklaces at home

Insurance coverage for stolen personal items like phones or jewelry at festivals or outings is not guaranteed and depends on specific policy details. Policyholders are advised to consider the value of...

TikTok settles US child privacy case for 400 million dollars
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TikTok settles US child privacy case for 400 million dollars

TikTok has reached a 400 million dollar settlement with the U.S. Department of Justice regarding allegations of privacy violations concerning children. This agreement marks one of the largest settleme...

Bees struggle with drought in North Holland, except in honey haven Hoorn
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Bees struggle with drought in North Holland, except in honey haven Hoorn

Persistent drought across the Netherlands is severely impacting honey production, as bees struggle to find nectar and pollen in dried-out rural areas. While some beekeepers are forced to supplement th...