Business News in English
Latest business headlines from Dutch news, translated into English.
Stock markets relieved, but shipping companies wonder: is it really safer?
Asian stock markets surged and oil prices fell following the announcement of a ceasefire in the Iran conflict. Despite market optimism, shipping companies remain hesitant to resume full operations thr...
US oil price falls after US-Iran truce
The price of American oil has dropped by approximately 17 percent following the announcement of a two-week ceasefire between the United States, Israel, and Iran. This significant decline reflects the ...
Controversial lidocaine treatment for long COVID at Velsen clinic 40 percent cheaper after major provider steps in
Lidocaine treatment for long covid patients at a clinic in Velsen-Noord will become at least 40 percent cheaper following the involvement of a major provider. The clinic announced the price reduction ...
Measuring cup markings illegible after a few months. Is that normal? Bol.com thinks so
A customer reported that the markings on a measuring cup purchased from Bol.com became unreadable after only a few months of use. Despite the product's short functional lifespan, the retailer reported...
Peterson returns to IJmuiden, logistics provider active in IJmondhaven for six months
Logistics service provider Peterson has re-established its presence in IJmuiden, operating from the IJmondhaven for the past six months. The company is currently based in a multi-tenant business build...
Researchers sound the alarm: small businesses risk disappearing from poorer neighborhoods
Researchers from Platform31 are warning that small local businesses are being pushed out of poorer neighborhoods due to high costs and the housing shortage. The study highlights that the loss of these...
Dutch Parliament supports billion-euro subsidy for Tata Steel despite uncertainty and unease
A large majority of the Dutch House of Representatives supports a billion-euro subsidy to help Tata Steel transition to more sustainable production methods. While the plan aims to reduce environmental...
Ajax struggling not only on the pitch: club fought many legal battles in court
Dutch football club Ajax has faced numerous legal battles in court over recent years in addition to their struggles on the field. These disputes have frequently involved former employees and the club'...
Tim (22) and Jesse (22) build AI company alongside graduation: 'Maybe we should start a company together and see how far we get'
Tim Lind and Jesse Lamm, both 22, launched their AI company LLM Solution in December 2025 while finishing their studies. Following their graduation, the pair is now focusing full-time on the further d...
Dutch state to object to 'inappropriate' pay for KLM CEO
The Dutch government plans to object to the 1.6 million euro remuneration of KLM CEO Marjan Rintel. Finance Minister Eelco Heinen stated that the compensation is disproportionate during a year of budg...
Ben & Jerry’s founder hoped for serious talk with CEO but didn't get past reception
Ben & Jerry’s co-founder Ben Cohen was stopped at the reception of the brand's parent company headquarters while attempting to deliver a petition signed by 100,000 people. Cohen is currently engaged...
Pension fund invests 350 million euros in 1,000 rental homes for seniors
Dutch pension fund ABP and investor CBRE are investing 350 million euros to develop approximately 1,000 rental homes for senior citizens. The project aims to provide sustainable and affordable housing...
Inspectorate: 42 violations among cannabis experiment growers last year
The Inspectorate of Justice and Security reported 42 violations among the ten licensed growers participating in the Dutch cannabis experiment last year. Out of 46 inspections conducted, authorities is...
In-house furnace builder training helps LIZ Holland tackle staff shortage
LIZ Holland in Velsen-Noord has launched an internal training program for oven builders to address a persistent shortage of specialized personnel. The initiative provides hands-on masonry and construc...
Tobacco company behind Lucky Strike fined for advertising at Pinkpop
British American Tobacco has been fined for illegal advertising at the Pinkpop music festival in the Netherlands. While this specific penalty was upheld, another previously imposed fine against the ma...
"They were gone within two minutes," shopkeeper frustrated after burglary
Two masked burglars stole approximately fifty smartphones and several tablets from a second-hand shop on Generaal Cronj) straat in Haarlem early Tuesday morning. The suspects broke into the store usin...
Iran names Strait of Hormuz toll as condition for peace
Iran has proposed several conditions for sustainable peace with the United States, according to an Iranian official. One of these conditions includes permission for Iran to levy a toll on the Strait o...
The oil crisis hits these entrepreneurs hard: "Trump must stop"
Local entrepreneurs in Amsterdam, including a driving school in Geuzenveld and a pancake restaurant on the IJ, are facing record-high fuel costs due to escalating tensions between the US, Israel, and ...
Nearly one in five French gas stations facing fuel shortages
Nearly 20% of French gas stations are experiencing shortages of at least one type of fuel, with TotalEnergies locations being particularly affected. The shortage is driven by high demand for relativel...
Record prices at the pump, but no shortages yet like in France
While nearly 20% of French gas stations are experiencing fuel shortages due to high demand at low-priced TotalEnergies locations, the Netherlands is currently not facing any supply issues. The Dutch i...
Inspection: Only a quarter of festivals use reusable cups
A report by the Human Environment and Transport Inspectorate (ILT) reveals that fewer than 25% of festivals are using reusable cups and packaging despite a ban on disposable plastics. The agency chara...
From water pumps to mash: Mike (30) switches careers to start home-based takeaway. ‘The whole house smelled of mash every day’
30-year-old Mike Slot from Castricum has launched a home-based delivery service called Oma’s Stamppotkeuken to provide healthy meal options. The business focuses on traditional Dutch stamppot dishes...
American investor makes billion-dollar bid for record label behind Taylor Swift
American billionaire Bill Ackman's investment firm, Pershing Square Holdings, has launched a multi-billion dollar takeover bid for Universal Music Group. The record label represents major global artis...
Why thousands of Dutch people are buying electric cars now: ‘I’ve finally been swayed’
The Netherlands is seeing a significant surge in electric vehicle sales, with second-hand EV purchases rising nearly 50% in March compared to February. This trend is largely driven by consumers seekin...
Major damage after ATM bombing at five-star hotel in Amsterdam
An ATM bombing occurred on Tuesday morning at the Pestana Amsterdam Riverside hotel in Amsterdam-Zuid, causing significant damage to the building. The perpetrators targeted an ATM located inside the f...
Attack reported on Saudi petrochemical facility
An attack on the petrochemical industry in the Saudi Arabian city of Jubail caused fires at SABIC factories during the night. Local sources reported hearing loud explosions as the facilities of the Sa...
ING not yet halting Russian operations: sale falls through
Dutch bank ING has cancelled the sale of its Russian business operations, which was originally intended to facilitate its exit from the country. Despite previously announcing it would stop taking on n...
Burglary at second-hand shop in Haarlem
Police are searching for two young suspects following a burglary at a second-hand shop on Generaal Cronjestraat in Haarlem early Tuesday morning. The suspects smashed a store window around 4:20 AM and...
ATM blast at Amsteldijk hotel, bomb squad on site
An ATM bombing occurred at a hotel on the Amsteldijk in Amsterdam South around 5:00 AM. The Explosive Ordnance Disposal Service (EOD) and forensic investigators are currently examining the scene, whic...
Camping even more popular due to global unrest: High season already heavily booked
Camping is becoming increasingly popular in the Netherlands, leading to a rise in caravan sales and campsites being fully booked well in advance of the high season. Industry experts attribute this tre...