Business News in English

Two-star restaurant Spectrum in Waldorf Astoria hotel to close at the end of May

Volkswagen misses out on billions, and that is good news for car buyers: Prices are going down

Volkswagen Group reported a 44 percent drop in profits to 6.9 billion euros, marking its worst performance since the emissions scandal. Despite the financial decline, the company remains stable, and c...

Kesbeke supports pregnant women in conflict zones with pickles for Doctors Without Borders

Anti-money laundering checks cost banks 1.6 billion in 2024, but results are unclear

An investigation by the Netherlands Court of Audit reveals that anti-money laundering checks cost banks 1.6 billion euros in 2024, though their effectiveness remains unclear. The report highlights tha...

Scammers target 6,000 Bastion Hotels guests with stolen information

Scammers targeted approximately 6,000 guests of the Bastion Hotels chain with phishing messages after obtaining their personal information. The data breach was triggered when an employee clicked on a ...

From Afghanistan to Haarlem: Faizrahman now serves Afghan dishes in his own restaurant Maimana

Chef Faizrahman Belal has opened Maimana, the first Afghan restaurant in Haarlem, featuring fresh dishes from his native Northern Afghanistan. The restaurant aims to bring the region's known hospitali...

Netherlands releases part of oil reserves to dampen prices: 5.4 million barrels

The Netherlands and more than thirty other countries decided on Wednesday to release part of their strategic oil reserves to help lower global oil prices. As part of this International Energy Agency i...

Illegal gambling leads to closure of cafe on Bos en Lommerweg

Mayor Halsema has ordered the immediate six-month closure of a cafe on Bos en Lommerweg in Amsterdam West following a police raid that uncovered illegal sports betting. During the operation, officers ...

New rules for commercial waste: bins only on street at fixed times

Starting July 1, businesses in Amsterdam will be required to place their waste containers on the street only during specific times. This new regulation aims to keep the city's streets cleaner and ensu...

Judge overturns flight cap, residents happy anyway: ‘Fortunately, we don’t live in a banana republic’

The Dutch Council of State ruled against a government-imposed flight cap at Schiphol Airport, stating that a maximum number of flights cannot be set in this manner. Despite the ruling, resident groups...

Vattenfall finally puts large electric boiler for district heating into operation

Council of State overturns proposal to limit Schiphol flights

The Dutch Council of State has annulled a government proposal to reduce the number of flights at Schiphol Airport, ruling that the plan was insufficiently justified. The court stated it was not convin...

KLM cancels all flights to Dubai until March 28

KLM has cancelled all flights to Dubai until March 28th due to the ongoing conflict in the Middle East. The airline will not fly to the destination for the time being as a result of the regional secur...

Middle East war costs European taxpayers an extra 3 billion euros

European Commission President Ursula von der Leyen stated that the first ten days of the war in the Middle East cost European taxpayers an additional €3 billion in fossil fuel imports. The conflict ...

Hope returns for Heemskerk event center, Friends of Jansheeren to provide buffer: At first no idea how it all worked

The Jansheeren conference center in Heemskerk has been stabilized by new management nearly a year after facing potential closure. The team is working to secure the facility's future as a central commu...

Iran now also sees banks and tech companies as targets in war

Iran has declared financial institutions and technology companies with ties to the United States and Israel as potential military targets. An Iranian military spokesperson stated that this move follow...

Grid operator Alliander invests billions, but power grid remains full

Grid operator Alliander is investing billions to expand the power grid, yet the number of companies waiting for connections continues to increase. Although the operator helped nearly two thousand cust...

Fish, fertilizer or mortgages: everything more expensive due to high oil prices

The war in the Middle East is driving up oil prices, resulting in higher costs for a wide range of products including fuel, bricks, and fertilizer. These economic impacts are expected to be widespread...

Odido routers secretly sent customer data to US AI company

Dutch telecom provider Odido secretly sent data regarding devices connected to customer routers to the American AI firm Lifemote without informing users. Ethical hacker Sipke Mellema discovered the pr...

Entire KLM crew stranded in Dubai for days: 'There we were in our KLM pajamas'

A group of 22 KLM crew members returned home on Wednesday after being stranded in Dubai for several days due to the outbreak of war. During their stay, the group experienced high levels of tension, in...

Melanie loves letting her friend Cheryl do her hair: ‘We both played soccer, that’s where I met Cheryl’

Melanie visited her long-time friend Cheryl at her hair salon, Cheryls Knippaleis, in IJmuiden for a haircut. The two women originally met through playing football and have remained friends since then...

Abuse suspect Joannes B. discovered by four-eyes principle: 'Extra eyes of great importance'

Joannes B., a 66-year-old childcare worker, is on trial for the alleged abuse of a toddler at a Partou daycare center, an incident discovered through the 'four-eyes principle.' The suspect is also acc...

Petrol price drops slightly again for the first time since the start of the war in Iran

Fuel prices at Dutch gas stations saw a slight decrease on Wednesday, halting a sharp rise caused by conflict in the Middle East. The average national recommended price for diesel dropped to 2.495 eur...

Rob (47) knows how to break free from Big Tech and owns a Dutch-made smartphone: ‘It is not pointless to resist’

Computer programmer Rob van den Bogaard shares his experience of reducing dependence on major American technology companies amid geopolitical tensions between Europe and the United States. He advocate...

Ikea's second-hand corner had a slight scent of greenwashing

How wooden homes boost construction speed and living pleasure: ‘It really does something to you’

BAM, the largest construction company in the Netherlands, is significantly increasing its focus on timber construction for new housing projects. This shift aims to improve environmental sustainability...

New mass claim being prepared against chemical plant Chemours

The foundation PFAS Vrij Green Claim is launching a mass claim against the Chemours chemical plant in Dordrecht on behalf of local residents. The lawsuit seeks an immediate halt to PFAS emissions and ...

Large differences in cancer drug prices, KWF calls for more transparency

KWF and the Netherlands Cancer Institute report that hospitals pay significantly different prices for the same cancer medications, with variations up to 2,800 euros per treatment. The organizations ar...

Wealthy executive behind Jupiler receives 85.8 million bonus: ‘This is unprecedented’

AB InBev CEO Michel Doukeris received an unprecedented compensation package last year, earning nearly 1,800 times more than the company's lowest-paid employee. The total amount includes a bonus of 85....

Large group of economists advises against billions in aid for Tata Steel: 'Too risky'

More than 100 economists have warned in the journal ESB that a proposed 2 billion euro subsidy for Tata Steel's green initiatives is inefficient and risky. They argue that the government funds would b...