Business News in English
Latest business headlines from Dutch news, translated into English.
New in Amsterdam: Giulia and Simone live their Italian dream at ice cream parlor Arte Vanilla
Giulia and Simone have opened the ice cream parlor Arte Vanilla on Kinkerstraat in Amsterdam. The shop distinguishes itself by preparing ingredients from scratch, including roasting pistachios and han...
Amsterdam stock market rises further and sets new record
The Amsterdam stock exchange reached a new record high on Friday. Significant gains from data providers RELX and Wolters Kluwer, which rose 3 and 4 percent respectively, contributed to the market's pe...
US imposes up to 100 percent import tariff on foreign drones and parts
The United States has imposed import tariffs of up to 100 percent on foreign drones and drone components. President Donald Trump stated that the move aims to reduce American dependence on foreign supp...
Smokers bring in less excise duty and VAT due to switch to foreign or illegal tobacco products
Dutch smokers are increasingly purchasing tobacco products from abroad or illegal sources due to rising domestic prices. The tobacco industry estimates this shift has resulted in a 3 billion euro shor...
Selena Gomez and mother sued over fraud allegations
Selena Gomez and her mother, Mandy Teefey, have been sued in a federal court over allegations of securities fraud. Investors in their company, Wondermind, claim that the founders misled them to secure...
Cinemas and hardware stores are ‘winners’ of the heat, other businesses lose out
A report from ABN Amro indicates that movie theaters and hardware stores are seeing increased business during the current heatwave. Conversely, many other companies are facing negative impacts from th...
Chagai (24) arranged the sale of thousands of eclipse glasses: they flew off the shelves for 15 euros each
Twenty-four-year-old entrepreneur Chagai Elburg successfully sold thousands of eclipse glasses for 15 euros each at his pop-up shop in Haarlem on Wednesday. The high demand resulted in long queues and...
Nearly three-year strike ends as Tesla buys out Swedish strikers
A lengthy strike against Tesla in Sweden, the longest in the country's modern history, has officially concluded. The Swedish metalworkers' union IF Metall reported that the American automaker settled ...
Moroccanoil, originally Israeli, ends six-year run as Eurovision Song Contest title sponsor
European playoff spot beckons for Ajax in Dublin
Ajax is in Dublin for the second leg of the Conference League third qualifying round against Shelbourne FC, holding a 3-1 lead from their previous home match. Meanwhile, the club has expressed interes...
Netherlands scores poorly in Europe for cash acceptance in hospitality sector
The Netherlands has the highest rate of cash refusal in the hospitality sector within the European Union, with only 78 percent of cafes and restaurants accepting cash payments. Cash is also frequently...
US law firm to appeal against Tiësto's multi-million dollar claim
The American law firm Greenberg Traurig is filing an appeal in the Supreme Court against a ruling by the Amsterdam Court of Appeal. The court previously ordered the firm to pay DJ Tiësto 17 million d...
For sale: police station in Amsterdam Nieuw-West
How to spot AI-generated fraudulent webshops: 'Criminals exploit our greed'
Criminals are increasingly using AI to create convincing fraudulent webshops, leading to significant financial losses for consumers. Experts emphasize that these sites are becoming easier to produce a...
Dynamic energy contracts becoming increasingly popular: 1 in 12 pay variable rates
The popularity of dynamic energy contracts is rising in the Netherlands, with over 1.1 million households now opting for plans where prices fluctuate continuously based on market rates. While these co...
Amsterdammer Ruben (33) paid for a Swapfiets he didn't use for four years: 'I couldn't find it'
Warm and dry summer leads to early grape harvest in Germany
The German Wine Institute reports that the grape harvest in Germany is starting earlier than usual this year due to warm and dry weather conditions. While the heat has accelerated ripening, some regio...
Maersk profits from higher freight rates due to Middle East tensions
Danish shipping company A.P. Møller-Maersk has raised its full-year profit forecast following a strong second quarter. This growth was driven by high demand and increased freight rates resulting from...
Former time trialist and Raleigh seller now wants to save Batavus: Spectacular collection of bike brands
Irish businessman and former cyclist Mel T. Sutcliffe is looking to acquire the bike brands from the bankrupt company Accell. His interest follows a notable career that includes his previous involveme...
Gasoline in Belgium gets more expensive, but still much cheaper than in the Netherlands: here is the difference
The maximum price for Euro95 gasoline in Belgium will increase by 7 cents to 1.936 euros per liter starting this Friday. Despite the price hike, fuel remains significantly cheaper in Belgium compared ...
Senators investigate gift to Trump following diamond tariff exemption
U.S. Senators Elizabeth Warren and Richard Blumenthal are investigating a diamond ring gifted to President Donald Trump by the Antwerp diamond sector. They allege the gift may have influenced import t...
Romania shuts down only nuclear power plant due to historically low Danube levels
Romania has shut down its only nuclear power plant due to historically low water levels in the Danube River. The plant relies on the river's water for essential cooling processes.
Electricity prices double due to solar eclipse but power grid holds firm: Even helped other countries
Electricity prices in the Netherlands doubled due to a significant drop in solar energy production during a solar eclipse. Despite the sudden decrease in supply, the Dutch power grid remained stable a...
Fastned opens 28 new fast charging stations in the first half of 2026
Fastned opened 28 new fast-charging stations in the first half of 2026, marking a record for the company. The operator now manages a total of 434 charging stations across nine different countries.
Pizza, pasta or poké bowl: Dutch people spend more money on food delivery
Over the past decade, consumer spending on takeaway and delivery meals in the Netherlands has more than doubled. People are increasingly relying on prepared food services rather than cooking at home.
Achmea profit falls due to storm damage
Insurance company Achmea reported a decrease in operational profit for the first half of the year compared to the previous year. This decline is largely attributed to damage claims resulting from seve...
Shein targets billions with Hong Kong IPO in late August
Budget platform SHEIN is reportedly planning an initial public offering in Hong Kong around August 28. The company, which originated in China, aims to raise between $2 billion and $3 billion through t...
Amsterdam house prices still rising, but at slowest pace since 2023
Spotify raises prices by 2 to 3 euros, here is how much a monthly subscription costs now
Spotify is increasing the monthly prices for its Premium, Duo, and Family subscription plans in the Netherlands. A standard Premium subscription will now cost 14 euros per month.
Large pension funds in new system expect small pension increase
Retirees at major pension funds in the Netherlands that have transitioned to the new pension system may receive a modest pension increase next year. This development affects those covered under the up...