Business News in English
Latest business headlines from Dutch news, translated into English.
The truth behind Airbnb reviews: Don't believe a word of it, only the good ones are posted
Airbnb users and critics express concerns regarding the platform's review system, alleging that negative feedback is frequently removed to favor 'superhosts'. The article investigates the transparency...
Paramount pauses proposed multibillion-dollar Warner takeover pending court ruling
Paramount has paused its multi-billion dollar acquisition of Warner Bros. Discovery pending a federal court ruling. This decision follows a legal challenge initiated by a group of twelve U.S. states a...
New Trump import tariffs appear to be old duties in a new guise
U.S. President Donald Trump has introduced new import tariffs for dozens of trading partners, including the European Union. Experts suggest that the economic impact is minimal and that the move is pri...
Alderman considers charging taxi drivers for using Central Station stand
Amsterdam alderman Elise Moeskops is considering requiring taxi drivers to pay for using the taxi stand at Central Station to fund permanent monitoring and address ongoing technical and behavioral iss...
Alderman considers charging taxi drivers for use of Central Station rank
Amsterdam alderman Elise Moeskops is considering requiring taxi drivers to pay for using the taxi stand at Central Station to help fund ongoing supervision and address structural issues. This potentia...
Employers miss disability job quotas, face potential fines
Employers in the Netherlands are unlikely to reach the government-mandated target of 125,000 jobs for people with disabilities by 2026. Current data from July shows only 92,000 positions have been cre...
Red Sea now unsafe as well as Hormuz, global trade under further pressure
Two recent attacks on oil tankers in the Middle East have increased insecurity in the Red Sea, threatening global shipping lanes. Experts warn that these developments could exert further pressure on t...
Ziggo finally gains internet customers again, but financial concerns remain
For the first time in over six years, VodafoneZiggo has seen a net increase in internet subscribers, gaining 7,200 connections in the second quarter. Despite this growth in the customer base, the comp...
Festival organizer Sona fined 250,000 euros for selling bottles of hard liquor
Relief for Tata Steel: judge does not block billion-euro subsidy
The court in The Hague has ruled in favor of Tata Steel, allowing the 2 billion euro government subsidy intended for the company's sustainability efforts to proceed. This decision is crucial for the f...
Shop lifters to pay significantly more: damages increased for the first time in 13 years
Starting in mid-September, the compensation fee for shoplifting in the Netherlands will increase from 181 to 242 euros. This marks the first adjustment to the penalty amount in over 13 years.
Over nine thousand fewer flights at Schiphol due to cold and war
Schiphol Airport processed over 9,100 fewer flights in the first half of this year compared to the same period in 2023. These cancellations were primarily caused by severe winter weather and flight re...
Qantas ultra-long-haul flight travels directly from France to Australia
Qantas has completed a 19-hour non-stop test flight from France to Australia using its new Airbus A350-1000ULR aircraft. The airline plans to launch commercial ultra-long-haul flights with this plane ...
Lindt sued in US over alleged child labor in African cocoa supply chain
Swiss chocolate manufacturer Lindt & Sprüngli is facing a lawsuit in the United States over allegations that it misled consumers regarding its efforts to combat child labor in the cocoa supply chain ...
South Korean tycoon to pay 555 million to ex-wife in divorce of the century
A South Korean court has ordered SK Group chairman Chey Tae-won to pay 555 million euros to his ex-wife, Roh Soh-yeong, following a nine-year legal battle. This settlement marks the conclusion of what...
Ali B wants to continue advising entrepreneurs: 'I have to work too'
Rapper Ali B continues to advise entrepreneurs despite public controversy surrounding a recent event where he was scheduled to speak. He clarified that he only withdrew from that specific appearance a...
US announces new import tariffs of 10 and 12.5 percent
U.S. President Donald Trump has announced new import tariffs ranging from 10 to 12.5 percent on 60 trading partners, including the European Union, China, and the United Kingdom. The measures were conf...
AEX closes significantly lower, oil prices surge due to war with Iran
The AEX index closed significantly lower on Thursday amid a broader negative sentiment across European stock markets. Investors reacted to rising oil prices driven by the ongoing conflict in the Middl...
For the first time in twenty years we are getting new euro banknotes, these are the designs we can choose from
The European Central Bank has unveiled new design options for upcoming euro banknotes, marking the first major update in twenty years. European citizens are invited to participate in a public vote to ...
Amsterdam stock exchange misses out on listing of spun-off Unilever unit
Unilever's divested food division will be listed on the London Stock Exchange instead of the Amsterdam exchange. The American company McCormick, which is acquiring a significant portion of Unilever's ...
Oil price back above 100 dollars per barrel, the Netherlands feels it at the pump
The price of Brent crude oil has risen above 100 dollars per barrel, leading to an immediate increase in fuel costs across the Netherlands. As a result, the price of a liter of Euro95 gasoline has rea...
ECB leaves key interest rates unchanged amid Iran war jitters
The European Central Bank has decided to keep its key interest rate at 2.25 percent following a previous increase in June. This decision allows policymakers additional time to evaluate how rising ener...
Renovated fixer-upper increased in value by nearly half last year
Renovated fixer-upper homes in the Netherlands saw an average value increase of 178,000 euros last year. According to the NVM real estate association, this represents a value growth of nearly 50 perce...
Police intercept 800 kilos of cocaine in van at Amsterdam port, five suspects arrested
Millions in debt, lawsuits and a forced departure: restaurateur Entourage nearly collapsed due to the W Hotel crisis
Gasoline prices creep toward new record amid Middle East war following fresh attacks by US, Iran and Houthis
Escalating conflict in the Middle East has caused fuel prices in the Netherlands to rise, with the recommended price for Euro95 reaching 2.624 euros per liter. This figure is nearing the historical re...
EU fines Google 890 million for favoring its own services
The European Commission has fined Google 460 million euros for violating the Digital Markets Act by favoring its own services in Google Search results. This penalty addresses anticompetitive practices...
Closure of Strait of Hormuz boosts oil flow through Port of Rotterdam
The Port of Rotterdam has experienced an increase in oil and petroleum product transshipments over the past six months due to the blockade of the Strait of Hormuz. This disruption in global shipping r...
Data centers and air conditioners drive global power demand despite Iran war
Global electricity demand is rising due to the growth of industries, electric vehicles, air conditioning usage, and data centers. This increased consumption coincides with higher energy prices driven ...
Number of companies in the Netherlands increases: more starters and fewer closures
The number of businesses in the Netherlands is increasing as more people start new ventures and fewer choose to close existing ones. This growth trend is observed across most of the country, with nota...