Business News in English
Latest business headlines from Dutch news, translated into English.
KLM cancels flights to Saudi Arabia until end of July
KLM has extended the suspension of its flights to the Saudi Arabian cities of Riyadh and Dammam until July 26 due to regional security concerns in the Middle East. Additionally, the airline confirmed ...
Ajax loses appeal and must pay Peter Gerards millions for scouting Antony and Martinez
The Amsterdam Court of Appeal has ruled that Ajax must pay millions of euros to scouting bureau Gerards International Consultancy for its involvement in the transfers of Antony and Lisandro Martinez t...
Finally a roof over your head: new youth home opens in Haarlem
A new housing facility for six formerly homeless or vulnerable young people has opened in Haarlem, marking the city's seventh such youth house. The project, a collaboration between the municipality an...
Demand for AI hardware keeps Chinese exports going strong
Chinese exports experienced a significant increase in May, driven primarily by strong global demand for AI hardware such as chips and data center equipment. This growth occurred despite the ongoing co...
Interest rates are soaring, but not every saver benefits: how to make your money grow faster
The European Central Bank is expected to raise interest rates by 0.25 percentage points this Thursday to combat inflation. Financial experts suggest that while savers will benefit from this increase, ...
Pharmacist Paul Lebbink saved a baby's life, but was then sued by Big Pharma
Higher airfares and holiday park prices drive up inflation: daily life more expensive
Inflation in the Netherlands rose to 3.5 percent in May compared to the previous year, according to Statistics Netherlands (CBS). The increase was primarily driven by the rising costs of airline ticke...
Relations between unions and employers deteriorate: 'Getting uglier with each other'
Labor relations between unions and employers are deteriorating as constructive consultations are increasingly replaced by conflicts over wages. In recent years, parties have clashed more frequently, m...
UWV warns job growth will temporarily stall if energy prices remain high
The Dutch employee insurance agency UWV warns that job growth in the Netherlands will temporarily stall if energy prices remain at high levels. The forecast predicts a decrease in the number of jobs a...
Brazen company charges customers ‘hefty fee’ to access their own data, but it’s illegal
A Netherlands-based international company has stopped illegally charging customers a fee to access their personal data following intervention from the Dutch Data Protection Authority. The regulatory b...
After 77 years, Cécémel to be renamed Chocomel in Belgium as well
FrieslandCampina is rebranding its chocolate milk brand Cécémel to Chocomel in Belgium after 77 years. The change will align the Belgian product's name with the branding used in the Netherlands sinc...
ITQ founder Francisco Perez van der Oord (49) values investing in people over millions in revenue: ‘The success of others gives me energy’
Francisco Perez van der Oord, founder of IT company ITQ, emphasizes that investing in employees has been the core of his business for 25 years. He prioritizes the professional growth and success of hi...
Supermarket woes not over: groceries up to 10% more expensive by 2027
The Dutch supermarket umbrella organization CBL has warned the government that grocery prices could increase by up to 10 percent next year. According to the trade association, these price hikes are pa...
Netherlands to wear most expensive Nike kit ever at World Cup: ‘Fans' love is being mercilessly exploited’
The Dutch national football team is wearing its most expensive Nike jersey to date during the World Cup, priced at 159.99 euros. A German economist researching global kit prices states that the high c...
Cabinet wants ban on commercial social media work for children
The Dutch cabinet proposes a ban on commercial social media work for children aged 15 and younger. Minister Thierry Aartsen informed the House of Representatives of the plan, which aims to protect min...
Coalition and Denk want measures against companies profiting from occupation of Palestinian territories
Coalition parties Pro and D66, along with Denk, have proposed thirteen measures for the City of Amsterdam to pressure companies profiting from the occupation of Palestinian territories. The plan prior...
Coalition and Denk want measures against companies profiting from occupation of Palestinian territories
Amsterdam's governing coalition and the Denk party have proposed thirteen measures to restrict business with companies profiting from the occupation of Palestinian territories. The proposal aims to pr...
Bunq fined for late response to customer fraud complaints
The Dutch online bank Bunq has been fined 170,000 euros by the Netherlands Authority for the Financial Markets (AFM). The penalty was issued because the bank failed to respond in a timely manner to fr...
Business owners devastated after devastating fire in Zwaanshoek
A massive fire in Zwaanshoek has destroyed several businesses, including a long-standing family construction company and an automotive garage, leaving owners devastated by the loss of their property a...
Business owners welcome plans to protect Westpoort from housing, but experts see many complications
New French-German fighter jet will not happen
France and Germany have reportedly abandoned their joint project to develop a next-generation fighter jet. The decision comes after sources indicated that ongoing disagreements between the involved ai...
Coalition adopts part of Amsterdam Palestine Referendum demands and increases pressure on companies profiting from occupation
Number of vacancies falling for years, but finding staff remains difficult
The number of job vacancies in the Netherlands has been declining for several years, yet employers continue to struggle with finding staff. According to new data from the UWV, the labor market remains...
Messenger Jenning de Sanger had to deliver mail across 350 km of hostile territory in 1574
In 1574, following the Spanish capture of Haarlem, Jan Jansz (known as Jenning de Sanger) was appointed as a merchant messenger to deliver mail across 350 km of hostile territory to Douay. This appoin...
Victims of helpdesk fraud will not be reimbursed for transferred money
The Dutch financial complaints institute Kifid has ruled that victims of helpdesk fraud who transfer money to scammers themselves are not automatically entitled to reimbursement from their banks. This...
From scanning files to the only first-time buyer broker in the Netherlands: Laurens helps young homebuyers get started
Laurens, a specialized realtor based in Heemskerk, assists young first-time buyers in navigating the challenging Dutch housing market. His work focuses on helping starters overcome obstacles like risi...
Self-driving taxis will soon be available in London
Uber is preparing to launch a self-driving taxi service in London, with user registration opening this Monday. The robotaxis are expected to be operational in the English capital within the next few m...
What does a business lunch straight from the farm taste like? The Farm Kitchen from Hoofddorp shows it daily
The Farm Kitchen, led by chef Jonathan Karpathios, provides sustainable farm-to-table lunches to over a thousand employees at the Pharos building in Hoofddorp. The facility offers a menu focused on lo...
Hillegom property owner takes Zaanstad to Council of State over house splitting penalty: 'Incomprehensible'
Contractor Martijn Meskers from Hillegom has appealed to the Council of State regarding a 36,000 euro fine imposed by the municipality of Zaanstad. The dispute concerns a 2019 case where a property in...
Class action lawsuit over cervical cancer screening data breach
The Women’s Rights Collective has launched a mass claim against the laboratory Clinical Diagnostics following a data leak that compromised the medical records of hundreds of thousands of women. The ...