Business News in English
Latest business headlines from Dutch news, translated into English.
Neighbors of Netflix office have suffered from renovations for months
Residents living near the Netflix office in Amsterdam are suffering from six months of ongoing noise and parking disruptions due to extensive renovations. Despite complaints to Netflix and local autho...
Canada suspends tariff negotiations with US
Canada has suspended negotiations with the United States regarding import tariffs, citing a lack of sufficient progress in protecting national interests. This decision marks a significant escalation i...
AI fraud increasingly troubles insurers: 'Premiums will eventually go up'
Fraudsters are increasingly using artificial intelligence to create counterfeit invoices and damage photos to deceive insurance companies. Experts warn that if these fraudulent claims are not successf...
Amsterdam startup Firsty lets travelers call and use internet for free worldwide: In effect, anyone can become a telecom provider with this
Fiber-rich products not actually that healthy: manufacturers mislead customers with claims
The Dutch Consumers' Association, Consumentenbond, has revealed that food manufacturers are misleading customers by using deceptive 'high-fiber' claims on product packaging. These findings suggest tha...
A 'low-calorie' beer that lets you 'choose consciously'? Misleading, says researcher
Researcher Hanneke Hendriks warns that the marketing of alcoholic beverages with a healthy or low-calorie image, such as the new Grolsch Cal, is misleading. These products are increasingly popular in ...
Single person with average income has only four homes to choose from in Amsterdam, including a 10-square-meter room
Beach clubs prepare for final busy Grand Prix weekend
Beach pavilions in Zandvoort are preparing for a final busy weekend as the town hosts the Formula 1 Grand Prix. Despite rainy weather, businesses are staffing up and expecting a large influx of fans f...
Uber hit with 825 million euro fine by Dutch regulator over wrongful driver account suspensions
The Dutch Data Protection Authority (AP) has fined Uber 825 million euros for the unauthorized automated suspension of driver accounts between 2020 and 2022. The regulator stated that the company fail...
Talpa to compensate Ajax fans who bought paid stream following technical issues
Talpa's streaming platform, Kijk.nl, experienced significant technical failures during the Ajax versus FC Sion Conference League match, preventing many paid users from watching the first twenty minute...
Samsung to buy back nearly 80 billion dollars in shares
South Korean tech company Samsung Electronics has announced plans to repurchase up to 80 billion dollars worth of its own shares this year. This significant financial move comes as the company seeks t...
Talpa compensates all users of Ajax livestream match
Talpa is refunding all users who purchased a livestream for the Ajax versus FC Sion Conference League playoff match after technical issues prevented some viewers from accessing the feed on the KIJK pl...
Zandvoort Circuit Director on final F1: Choosing to stop at the peak
Circuit Zandvoort will host its final Formula 1 race, with director Robert van Overdijk deciding to stop at the peak of the event's success. After five memorable editions featuring Max Verstappen, org...
US refunds 800 million euros in illegal duties to German companies
The United States has refunded nearly 800 million euros in unlawfully collected import duties to German listed companies. Between October and June, the U.S. government returned approximately 66 billio...
Raid on Zeeland fish company suspected of trading in poached carpet shells
The investigative branch of the Netherlands Food and Consumer Product Safety Authority (NVWA-IOD) raided a Zeeland-based shellfish company on Wednesday. Authorities suspect the business of illegally h...
Amazing, Mike! Tel Sell returns to television
The home shopping company Tel Sell is returning to television in the Netherlands. The iconic retailer plans to resume broadcasting its advertisements for various household and fitness products on comm...
Entrepreneurs in Zandvoort: This entire event puts our village on the world map
Business owners in Zandvoort are preparing for what may be the final Grand Prix weekend for the time being. While the atmosphere is positive, there is uncertainty regarding the actual long-term econom...
Average earner can afford exactly one house in Haarlem
According to data from De Hypotheker, individuals with an average income can currently afford only one house out of 777 available listings in Haarlem. Across the entire Netherlands, the number of home...
Marijke Vuik sees SME investments decline: 'Entrepreneurs are longing for peace and stability'
Marijke Vuik, the new chair of MKB-Nederland, warns that investments in small and medium-sized enterprises are declining due to a lack of stability. She emphasizes that while she remains hopeful, the ...
Europeans are keeping more cash at home but using it less
The European Central Bank reports that the total value of cash in the eurozone has increased from 1 trillion to 1.6 trillion euros between 2016 and 2026. Despite this rise in the circulation of bankno...
Zuckerberg buys large castle in Ireland
Meta CEO Mark Zuckerberg has purchased the 19th-century Strancally Castle in County Waterford, Ireland. The property is valued between 20 and 30 million euros and is located approximately 200 kilomete...
How low interest rates disappeared: economists see the end of an era
Economists acknowledge that the rising interest payments on the national debt represent a significant financial burden for the Dutch cabinet. Despite this, experts note that the situation regarding in...
House prices rise more slowly and reach record average of half a million
Existing home prices in the Netherlands rose by 3.9 percent in July compared to the previous year, showing a slight slowdown in growth compared to June. Despite this cooling trend, house prices have c...
Fewer ships to pass through Panama Canal due to El Niño drought
Starting next month, the number of daily ships passing through the Panama Canal will be reduced due to drought conditions. The Panama Canal Authority reports that this decrease is caused by the El NiÃ...
Because of the Netherlands ticket we are now paying for a double annual subscription to NS. No one informed us
Another Amsterdam game studio collapses: development costs keep rising while gamers refuse to pay more
Impact of Iran war on energy bills is limited, says ABN Amro
ABN Amro reports that although the conflict in Iran is driving up energy prices, the overall impact on the energy bills of households in the Netherlands remains limited for the time being.
Average earner squeezed out of housing market: only a thousand homes remain affordable
Single homebuyers in the Netherlands are facing extreme difficulty entering the housing market due to rising costs and a severe lack of affordable properties. Without personal savings, inheritance, or...
US switches to winter-grade gasoline early to lower pump prices
The United States government has decided to allow the earlier sale of winter-grade gasoline to help lower fuel prices at the pump. This measure aims to reduce consumer costs and address concerns regar...
