Petrol prices rose by 22 cents in two weeks but are currently decreasing at a much slower rate than they increased. Economic reporter Saskia van Westhreenen explains the disparity between rapid price hikes following oil price increases and the slower relief felt by consumers when oil prices drop.
Based on reporting by ad. Translated and condensed by LocalHeadlines.
The European Court of Justice has ruled that banks must immediately reimburse victims of phishing attacks, regardless of the customer's potential negligence. Banks are subsequently responsible for proving gross negligence if they wish to recover the funds from the client, leading Dutch institutions to currently review their operational procedures.
Basic-Fit has expanded from a local gym to Europe's largest fitness chain, currently serving 6.25 million members. Despite concerns over high debt levels, the company continues to report strong growth and remains focused on further expansion.
AkzoNobel reported steady quarterly revenue of 2.5 billion euros and profit of 388 million euros, helped by price hikes and currency effects. The company is proceeding with its merger with American firm Axalta, which will result in a new entity named Axanzo and a move to the New York Stock Exchange.
An increasing number of individuals in the Netherlands are continuing to work past the legal retirement age, particularly within the real estate and transportation sectors. Statistics show that men are more likely to stay employed after retirement than women, with many retirees choosing to switch industries when starting new roles.
Online bank Revolut has fully restored its services after a major technical failure caused by a power incident at Google Cloud. The outage, which prevented customers from accessing their funds, also affected various other companies and services primarily located in the United Kingdom.
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