Business News in English
Latest business headlines from Dutch news, translated into English.
Man uses deepfakes to open 46 accounts at ABN AMRO
A Dutch man used deepfake technology to forge identity documents and open 46 bank accounts at ABN AMRO last year. These accounts were subsequently used to commit fraud by placing orders under other pe...
European trade committee to vote on US trade deal this Thursday after all
The European Parliament's trade committee decided on Tuesday to proceed with a vote this Thursday on a portion of a trade agreement with the United States. The announcement was made by committee membe...
They hardly hear anything from Amsterdam: how Ajax leaves loaned-out players to their fate
Several football players on loan from Ajax, including Ahmetcan Kaplan and Tristan Gooijer, have expressed dissatisfaction with the lack of communication from their parent club. The article highlights ...
Transavia also introduces fuel surcharge due to rising fuel prices
Budget airline Transavia has introduced a fuel surcharge of five euros on several flights starting this week in response to rising kerosene prices. The company confirmed the decision on Tuesday, follo...
Rob Kemps replaces Frank Lammers as the face of Jumbo commercials
Rob Kemps, also known as the artist Snollebollekes, has been named the new face of Jumbo supermarket commercials. He replaces actor Frank Lammers, who previously held the role in the brand's advertisi...
No fiber optic prospects yet for half a million addresses
Approximately half a million addresses in the Netherlands currently lack a concrete plan for fiber optic installation, according to research by Telecompaper. High construction costs and the small scal...
Jumbo ends 13-year partnership with Frank Lammers, this is his successor
After thirteen years, the Dutch supermarket chain Jumbo is ending its collaboration with actor Frank Lammers, who played the lead role in their television commercials. Lammers will be replaced by a ne...
Black Snow exhibition about Tata Steel now on display at Verwey Museum Haarlem
The exhibition 'Black Snow' by photographer Harm van de Poel is currently on display at the Verwey Museum Haarlem. The collection features powerful images illustrating life in the area surrounding the...
Turmoil at online home store Fonq: ordering halted, suspension of payments requested
Online home retailer Fonq has suspended all orders as of Tuesday after applying for a suspension of payments. The move indicates significant financial distress for the company, preventing customers fr...
Highest court rejects Odido appeal against Huawei ban
The Dutch Trade and Industry Appeals Tribunal has rejected an appeal by telecom provider Odido against a government ban on using equipment from Chinese suppliers Huawei and ZTE. The court ruled that t...
Argentine wine crisis deepens: 'People no longer drink wine in large quantities'
The Argentine wine industry is facing its most significant crisis in over 15 years due to a sharp decline in domestic consumption and falling exports. As production continues to decrease, industry exp...
Zelensky to EU: Oil through Druzhba pipeline to resume in 1.5 months
Ukrainian President Volodymyr Zelensky informed the European Commission that oil flow through the damaged Druzhba pipeline is expected to resume within one and a half months. He stated in a letter tha...
Seats and Sofas must compensate customers for poor warranty fulfillment
Furniture retailer Seats and Sofas will compensate approximately 1,500 customers for damages resulting from the company's failure to properly follow warranty regulations. The store is expected to pay ...
Seats and Sofas compensates customers who wrongly paid for warranty
Furniture retailer Seats and Sofas is compensating nearly 1,500 customers who were wrongfully charged for furniture inspections. The company will refund over 100,000 euros to individuals who were enti...
Netherlands to launch defense credit institution with Finland and UK
The Netherlands, the United Kingdom, and Finland are planning to establish a new credit institution dedicated to defense projects. This initiative aims to support the defense industry and accelerate r...
ABN AMRO also restricts interest-only mortgage options
ABN AMRO has announced it will limit interest-only mortgages to a maximum of 30 percent of a property's value starting June 1. The bank joins Rabobank and ASN Bank, which have recently introduced simi...
AI giant Anthropic backed by Big Tech in clash with Trump: ‘Don’t spy on citizens with technology’
Anthropic is engaged in a legal dispute with the U.S. government, refusing to allow its AI technology to be used for citizen surveillance. Major tech firms like Apple and Amazon are supporting the fir...
Clara Wichmann appeals against breast implant manufacturer
The women's rights organization Bureau Clara Wichmann is appealing a court decision that cleared American manufacturer Allergan of liability for illnesses caused by its breast implants. This follows a...
Couple finds dead mouse in bag of Jumbo green beans: 'Incredibly nauseous'
A Rotterdam couple discovered a dead mouse inside a bag of frozen green beans purchased from a Jumbo supermarket. The supermarket chain confirmed the incident after it was initially reported by Dutch ...
Toy manufacturer recalls magnetic building set over safety risks
Toy manufacturer Selecta Spel en Hobby has issued a recall for a magnetic building set sold at Kruidvat and Trekpleister stores. The recall was prompted by safety risks involving magnets that can come...
Petrol prices continue to rise: already above 2.50 euros per liter
The average suggested retail price for gasoline in the Netherlands rose to over 2.50 euros per liter on Tuesday morning. This increase nearly matches the record fuel prices previously seen in 2022.
Kruidvat CEO Ed van de Weerd (56) jumps into harbor to save woman from drowning: ‘She was struggling to stay afloat’
Kruidvat CEO Ed van de Weerd rescued a woman from drowning in a Hong Kong harbor after jumping into the water to save her. The city recently honored the 56-year-old for his heroic actions nearly four ...
Heineken thwarted Greek microbrewery for years; now only the amount of the damages claim remains – 43 or 195 million
Why Europe calls for less China while welcoming Joybuy
The Chinese webshop Joybuy has officially launched in the Netherlands, highlighting a contradiction as European politicians advocate for reduced economic dependence on China. The article examines why ...
Trump again calls on countries to help in the Strait of Hormuz
U.S. President Donald Trump has once again called on allies to help protect the Strait of Hormuz after Iran-related disruptions led to attacks on cargo ships. The strait is a critical shipping route, ...
BBC seeks dismissal of Trump libel case
The BBC is seeking to dismiss a $10 billion defamation lawsuit filed by former U.S. President Donald Trump. The legal action, initiated late last year, centers on the editing of one of Trump's speeche...
Savings rate surges to 2.50 percent
The highest interest rate for flexible savings accounts in the Netherlands rose from 2.05 to 2.50 percent on Monday. This significant increase follows several months of stagnation, according to financ...
Vanished: Droste Football Club, where fire spoiled the chocolate
This article profiles the history of Voetbal Vereniging Droste, a defunct corporate football club associated with the famous chocolate manufacturer. It is the 25th entry in a series focusing on sports...
Hackers no longer always human, AI assistants can also do the work: ‘Concerning’
Recent research demonstrates that AI agents are making hacking significantly easier by automating complex tasks that previously required an entire department of experts. In a notable example, a resear...
Meta Platforms signs $27 billion deal with Amsterdam AI cloud company
Amsterdam-based cloud company Nebius has secured a $27 billion deal with Meta Platforms to provide AI computing power. The agreement involves Nebius supplying infrastructure resources to support the a...