Business News in English
Latest business headlines from Dutch news, translated into English.
Netflix making documentary about Michael Jackson child abuse case
Netflix will release a new documentary series titled "Michael Jackson: The Verdict" on June 3, focusing on the high-profile child abuse case involving the late singer. The streaming service released t...
Number of part-timers wanting to work more increases: average of 8.5 extra hours per week
The number of part-time workers wanting to increase their hours rose in the first quarter, with an average desire for 8.5 additional hours per week. This trend is particularly noticeable among employe...
More single people bought a house: 'But half of buyers received help'
Over the past two years, an increasing number of single starters in the Netherlands have purchased homes, often benefiting from the sale of affordable former rental properties. Despite couples' mortga...
Pension fund invests 350 million euros in rental housing: 'Difficult in the Netherlands'
Pension fund ABP and investment platform Rockfield are investing 350 million euros into the construction of rental housing specifically for students and starters in the Netherlands. The initiative see...
Lamp shop prevents floor lamp from being thrown away
A lamp shop is highlighting the importance of repairing products even when original replacement parts are no longer available. By finding creative solutions, sellers can prevent high-quality items lik...
Loss-making SpaceX unveils plans for what could be the largest IPO ever
Elon Musk has announced plans to take SpaceX public next month in what could be one of the largest initial public offerings in history. Despite being loss-making, the aerospace company's move to the s...
More and more homeowners struggling: 'Middle-income earners also feel the strain'
A report from the National Mortgage Guarantee (NHG) reveals that the financial situation for Dutch homeowners is deteriorating, with 8.8% now unable to cover all their costs. Middle-income earners and...
Aldi and Albert Heijn recall nuts over risk of injury
Supermarket chains ALDI and Albert Heijn are recalling unsalted cashew nuts due to the potential presence of metal particles. These fragments pose a risk of physical injury to consumers, and the retai...
AI chip giant NVIDIA revenue hits new record of 81.6 billion
NVIDIA reported a record quarterly revenue of $81.6 billion, marking an 85% increase from the previous year. This significant growth is attributed to the surging demand for the company's artificial in...
Business owners on major fire in Diemen commercial building: ‘Everything is lost’
Car becomes mobile home battery and can lower energy bills
Renault is introducing the electric Renault 4 and 5 models, which feature technology that allows the vehicles to serve as mobile home batteries. This initiative is designed to help manage power grid c...
First 32 kilometers of Dutch hydrogen network completed for industry
The first 32-kilometer section of the Dutch national hydrogen network was completed on Wednesday, connecting the Maasvlakte to Pernis. This pipeline serves as a critical infrastructure link designed t...
Neighborhood action against queues in Nine Streets: ‘We’re stuck with the nuisance, business owners are raking it in’
Amsterdam oliebollen and Christmas tree vendors lose automatic priority for their old spots
Xi and Putin united in criticism of Trump, but gas pipeline deal remains elusive
During a joint statement in Beijing, Presidents Xi Jinping and Vladimir Putin condemned the defense policies of US President Donald Trump as reckless. Despite their diplomatic alignment, China and Rus...
Oliebollen permit system overhauled; more certainty for business owners
The City of Amsterdam is overhauling its permit system for seasonal vendors to provide more long-term certainty while complying with European regulations. Oliebollen vendors will now receive 10-year p...
New rules for selling oliebollen and Christmas trees on the street
New regulations have been introduced for street vendors selling seasonal items such as oliebollen and Christmas trees. Oliebollen sellers will now be granted 10-year permits, while Christmas tree sell...
Raid at Beverwijk gym RGYM after anonymous tip yields nothing: ‘I think someone is jealous of our success’
Police raided the RGYM gym in Beverwijk and the owner's residence on Wednesday morning following an anonymous tip regarding a firearm. No weapons were discovered during the searches, leading owner Gia...
Union announces nationwide public transport strike if government fails to meet demands
The FNV union has announced a nationwide public transport strike scheduled for the early morning of June 24. This action serves as a protest against government cuts to social security and will proceed...
Revolutionary Guard reports passage of 26 ships near Hormuz
The Iranian Revolutionary Guard reported that 26 cargo ships passed through the Strait of Hormuz in a coordinated manner over a 24-hour period. The IRG asserts control over the strategic waterway and ...
Zeeman attracts more customers buying more expensive items
Zeeman reported increased revenue in 2025 despite a decrease in the total volume of items sold compared to the previous year. The budget retailer is successfully attracting customers with higher spend...
Cocktail bar MOODZ in Dorpsstraat Castricum turns into a dance floor in the evening: 'I love entertaining the crowd.'
Cocktailbar MOODZ in Castricum has introduced a new look and team, transforming into a dance floor in the evenings. Owner Vincent Weber aims to blend music and cocktails to create a lively atmosphere ...
Amsterdam transport company shut down after repeated violations
Disneyland sued by visitor for using facial recognition
A visitor is suing Disneyland in the United States for allegedly using facial recognition technology without clearly informing guests. The lawsuit claims the park collected sensitive data during a fam...
Delivery of new Damen frigates delayed by years
The delivery of the first Anti Submarine Warfare (ASW) frigate by shipbuilder Damen has been delayed by several years due to stability issues in the initial design. These specialized vessels are being...
Banks fully commit to European cryptocurrency: Rabobank and ABN Amro also join
Rabobank and ABN Amro have joined a group of European banks to launch a euro-denominated stablecoin. This initiative aims to provide a European alternative to the stablecoin market currently dominated...
Is there a limit to Action's growth? 'Many people just get happy from a garden gnome'
Dutch discount retailer Action is experiencing rapid international success and is currently planning an expansion into the United States. The company maintains that pausing its growth is not an option...
Haarlem designer Hans van Paridon sues The Hague shoe store over Panara brand name
Haarlem-based designer Hans van Paridon has taken a shoe store in The Hague to court over the unauthorized use of his brand name, Panara. Van Paridon, who designed shoe collections under the name for ...
'The last taboo' lifted by new pay transparency law. Pay gap also tackled. 'Which employer says no to that?'
A new pay transparency law will take effect next year, allowing employees to request information about their colleagues' salaries. The legislation aims to break the social taboo surrounding financial ...
UK eases sanctions on certain Russian products
The United Kingdom has eased sanctions on specific Russian energy products, allowing the import of diesel and kerosene refined abroad from Russian crude oil. This policy shift permits these refined fu...