Economy News in English

Heavily secured transport full of valuables from Municipal Pawnshop

On Sunday, April 19, a heavily secured transport moved 45,000 valuable items from the Stadsbank van Lening's Bijlmerplein branch in Amsterdam to other locations. The operation, which involved police e...

Toyota expects lower profit due to Middle East unrest

Toyota expects its profit for the current fiscal year to decrease by 20% due to supply chain disruptions and rising costs. The Japanese automaker cited the ongoing conflict in the Middle East as the p...

More than half of job postings say nothing or are vague about salary

Data from job site Indeed reveals that only 48 percent of job vacancies currently provide a salary indication, despite approaching European transparency regulations. Salary information is particularly...

US court: Trump's import tariffs illegal

A U.S. trade court has ruled that President Donald Trump's 10 percent import tariffs on the majority of goods entering the country are illegal. The decision issued on Thursday marks a significant lega...

Trump gives EU until July 4 for trade deal, threatens tariffs

US President Donald Trump has issued a deadline of July 4 for the European Union to implement a trade deal with the United States. He threatened to increase import tariffs on the trade bloc if the agr...

Harrods compensates dozens after abuse by businessman Al Fayed

British department store Harrods has compensated more than 75 victims following sexual abuse allegations against its late owner, Mohamed Al Fayed. The individuals received full compensation after fili...

Tense two-week wait for Tomassen Duck-To: Judge holds fate of duck slaughterhouse in their hands

Tomassen Duck-To is currently in a legal dispute with the municipality of Ermelo regarding its operating permits. A judge is expected to rule within two weeks, which will determine if the duck slaught...

Nostalgic Nibb-it rings discontinued: 'Our childhood'

Cheetos has announced it is discontinuing its iconic Nibb-it chip rings in natural, salami, and curry flavors. The manufacturer noted that while generations grew up with the snack, they are now removi...

Shareholders profit from high oil prices, motorists pay the bill

Surging oil prices linked to tensions between Iran and the U.S. have led to record profits for major oil companies, including Shell, BP, and Total. The significant earnings growth has prompted calls f...

Nearly 30 municipalities considering fat bike ban, some waiting for national policy

A survey of Dutch municipalities reveals that nearly 30 local governments are considering a potential ban on fatbikes. While some municipalities are exploring local measures, others are currently wait...

McDonald's reports higher Q1 profit driven by larger burgers

McDonald's reported an increase in global profits and sales for the first quarter of the year. The fast-food giant attributed this growth to the popularity of larger burgers and special promotional it...

Dutch use cars more often despite high fuel prices

Recent data from mobility consultancy Goudappel shows that Dutch residents are driving more frequently despite high fuel prices. While car usage has increased, many drivers are increasingly choosing t...

Two more World Cups of Panini stickers before competitor takes over

Italian company Panini will produce official football stickers and cards for only two more World Cups before its 60-year partnership with FIFA ends. Starting in 2031, the American company Topps will t...

Business owner in Waarderpolder? Complete the survey

Entrepreneurs in the Waarderpolder are invited to complete a short noise production survey between May 7 and June 18, 2026, to update administrative records. The initiative aims to reconcile actual no...

Fewer people with debt settlement loans and debt relief after assistance program shortened

The number of people receiving debt restructuring credits and participating in debt relief programs in the Netherlands decreased significantly last year. This decline follows the shortening of the dur...

Shell reports significant profit due to Middle East war

Shell reported a first-quarter profit of nearly $6.9 billion, driven by a significant increase in oil prices. The price surge is attributed to market volatility caused by the ongoing conflict in the M...

Pear drink without pears and smaller chocolate bars: these are the most misleading products of 2026

The 2026 nominations for the Gouden Windei award highlight the year's most misleading food products, such as pear juice primarily composed of apple juice and cheddar sauce with minimal cheese. Other n...

Summer holidays less popular due to fuel crisis

Rising fuel costs and geopolitical tensions in the Middle East are making summer vacations less popular among Europeans. High prices for both airline tickets and car travel are forcing many travelers ...

Pump prices drop slightly after sharp decline in oil prices

Dutch gasoline and diesel advisory prices saw a slight decrease on Thursday following a sharp decline in global oil prices. The price drop is attributed to market hopes for a swift resolution to the c...

Hotels seize Booking.com records in legal claim case

A bailiff has seized part of Booking.com's administrative records at the request of hotels currently engaged in a legal claim against the platform. The hotels sought the seizure after alleging that Bo...

Housing market divide: widening gap between renters and buyers

New residence permit holders are working more often

An increasing number of refugees with residence permits in the Netherlands are finding employment shortly after being granted status. According to data from Statistics Netherlands (CBS), these individ...

EU politicians want swift action on new AI model before hacking chaos breaks out: ‘Bad guys get golden opportunity’

European MEPs are calling for urgent action and access to test a new AI model called Mythos, which is capable of rapidly identifying security vulnerabilities. They warn that the technology could provi...

Renters increasingly worse off than buyers: ‘The gap is widening’

A report by ABN Amro reveals a growing financial divide between renters and homeowners, with renters spending a larger portion of their income on housing costs. This trend is particularly severe for y...

Friends of the Earth director's move to Tata is a fruitful risk for both parties

The director of the Dutch environmental organization Milieudefensie is transitioning to a role at Tata Steel, a move characterized as a significant risk for both entities. This career change has drawn...

AEX index hits record closing high following hopeful reports on end to Middle East war

The AEX-index in Amsterdam reached its highest closing level ever on Wednesday, finishing 1.7 percent higher at 1031.44 points. This record surge was fueled by falling oil prices and optimistic report...

Does Donald Pols stand a chance at Tata Steel? ‘Campaigning alone is not enough’

Donald Pols, the former director of Milieudefensie, is joining Tata Steel, the largest CO2 emitter in the Netherlands, to help lead the company's environmental transition. The move has sparked debate ...

Thousands of Dutch students and teachers affected by ShinyHunters hack

The hacker group ShinyHunters has compromised the data of over 40 Dutch educational institutions, affecting thousands of students, teachers, and staff. The breach occurred through the education platfo...

Cabinet keeps DigiD contract with Solvinity for the coming years

The Dutch government has officially extended its DigiD contract with service provider Solvinity until 2028. State Secretary Eric van der Burg signed the agreement despite opposition from parliament me...

Ryanair boss calls for morning alcohol ban at airports

Ryanair CEO Michael O'Leary is calling for a ban on early morning alcohol sales at airport bars to reduce the number of intoxicated passengers on flights. He questioned the necessity of serving beer a...