Business News in English
Latest business headlines from Dutch news, translated into English.
Oil prices rise on uncertain ceasefire prospects
Oil prices have risen for the fourth consecutive day due to ongoing tensions between the United States and Iran over the Strait of Hormuz. The struggle for control of the strategic waterway has led to...
Queer Market offers safe space for Amsterdam makers: ‘Some found it too outspoken’
For sale signs appearing more often and staying longer on luxury holiday homes as oversupply drives down prices, especially in coastal areas
The luxury holiday home market in the Netherlands is cooling down, with a record number of properties listed for sale due to stricter tax measures. This oversupply is leading to falling prices after y...
Small sellers feel robbed by Bol.com: ‘I paid almost 3,000 euros too much’
Small sellers using Bol.com's shipping service are reporting significant overcharges due to inconsistent pricing for packages of identical size and weight. Merchant Cee Heeren claims he was overbilled...
Consumer fears war, investor counts on peace
Consumers are growing increasingly pessimistic due to the conflict in the Middle East, while stock markets continue to reach record highs. This contrast raises questions about whether investors are ig...
No trains to or from Amsterdam South for a week after King's Day due to Zuidasdok work; A10 South also partially closed
Heinen open to taxing windfall profits, but not yet
Dutch Finance Minister Eelco Heinen has expressed openness to taxing the excess profits of companies benefiting from conflicts in the Middle East, such as those in the oil sector. However, he stated t...
Drop in economic confidence doesn't mean people are spending less yet
Dutch consumer confidence dropped significantly in April, reaching nearly its lowest level ever recorded. Despite this decline, consumer spending remains stable as many individuals report their person...
Lufthansa grounds many aircraft in summer due to high fuel prices
Lufthansa is cancelling 20,000 short-haul flights through October to mitigate rising fuel costs. The German airline reports that aviation fuel prices have doubled since the start of the conflict in Ir...
Ryanair passengers must check in earlier due to airport crowds
Starting this fall, Ryanair passengers checking in luggage must do so 20 minutes earlier to avoid missing flights due to long airport queues. The budget airline introduced this measure because congest...
Former Moldovan MP sentenced to 19 years for role in 'theft of the century'
Former Moldovan MP and businessman Vladimir Plahotniuc was sentenced to 19 years in prison on Wednesday for his role in a massive bank fraud scheme. He was found guilty of stealing over 850 million eu...
Employee dies in robbery at gold exchange office in Beverwijk
A store employee has died after being seriously injured during a robbery at a gold exchange office in Beverwijk on Wednesday afternoon. Following a search with a police helicopter, a 19-year-old man f...
Need a new or upgraded power connection? Apply before July 1, 2026
Individuals and businesses requiring a new or upgraded power connection are advised to submit their applications before July 1, 2026. After this deadline, all new requests will be placed on a waiting ...
Blokker is back: are you still a fan or have you moved on? Let us know
Following its bankruptcy in late 2024 and the subsequent closure of hundreds of stores, the household retail chain Blokker has made a comeback with 56 locations. The chain has returned to using its or...
Inspectorate imposes penalty on Tata Steel over hazardous steel slag
The Human Environment and Transport Inspectorate (ILT) has imposed a penalty on Tata Steel for failing to classify a specific type of steel slag as hazardous waste. The steel manufacturer must now upd...
European Union seizes energy crisis to phase out fossil fuel dependence
The European Commission is introducing measures to reduce the European Union's dependency on fossil fuels in response to the current energy crisis. The plan aims to accelerate the energy transition wh...
Cosmetics chain Rituals warns customers after data breach
Cosmetics chain Rituals has issued a warning to its customers following a data breach where customer information was unlawfully downloaded. The company advised individuals to be vigilant against poten...
Action and Albert Heijn sell fake AirPods, Apple targets Dutch wholesaler
Retailers Action, Albert Heijn, and Sligro have been found selling counterfeit AirPods Pro that were marketed as genuine products at low prices. Apple discovered the illegal trade and is now taking ac...
Tata Steel tests plant after excessive chromium-6 emissions
Tata Steel is conducting trial runs at its Direct Sheet Plant in IJmuiden this week to measure emissions following an earlier shutdown. The facility was closed after internal tests revealed that chrom...
What is your data actually worth online? ‘The more data hackers get on you, the higher the price’
Following a data leak at internet provider Odido, victims are pursuing a mass claim seeking hundreds of euros in compensation. Experts explain that hackers pay higher prices for complete datasets whic...
Largest fuel price increase in UK since June 2022
Fuel prices in the United Kingdom rose by 8.7 percent in March compared to February, marking the largest monthly increase since June 2022. This spike represents the most significant rise in fuel costs...
Ukraine to reopen Russian oil pipeline within hours
Ukraine has completed repairs on the Druzhba oil pipeline, allowing Russian oil deliveries to Hungary and Slovakia to resume within a few hours. The pipeline had been out of service since January afte...
BlaBlaCar announces end of long-distance bus network
French transportation company BlaBlaCar has announced it will discontinue its own network of long-distance buses. The company cited a highly competitive market and rising operational costs as reasons ...
Threat of homelessness for MooiZooi over: move to Schalkweide appears realistic
The craft material shop MooiZooi will likely remain in Haarlem as a move to Schalkweide has been deemed realistic by local authorities. Alderman Floor Roduner confirmed the city's commitment to findin...
Staffing firm Randstad remains alert due to geopolitical tensions
Staffing firm Randstad is maintaining close observation of the Middle East due to heightened geopolitical tensions. CEO Sander van ‘t Noordende stated that the company remains alert as global instab...
Ruling granting agency worker permanent contract after years is exceptional
A Dutch court in The Hague has ruled that a Polish temporary worker at Albert Heijn is entitled to a permanent contract after seven years of employment. Experts caution that this decision is exception...
World's largest condom producer Karex raises prices due to war
Karex, the world's largest condom manufacturer, is planning to increase its prices by 20 to 30 percent. The company cited the impact of the ongoing conflict in the Middle East as the reason for the pr...
Turfmarkt coffee bar operator loses court case
The operator of the coffee bar 'The Coffee Spot' on Turfmarkt in Haarlem was denied a catering license by an administrative judge. The court rejected the request because the owner had previously faile...
Huge damage after overnight ATM bombing in Haarlem, nearby homes evacuated
An ATM explosion in Haarlem's Santpoorterstraat early Thursday morning caused extensive damage to surrounding buildings and forced the evacuation of three nearby homes. No injuries were reported, but ...
Housing market picks up: more sales, but prices remain high
The Dutch housing market saw an increase in home sales in March, indicating more movement in the sector compared to previous months. While house prices remain high, the rate of increase has begun to s...