Business News in English
Latest business headlines from Dutch news, translated into English.
Many Swatch stores closed worldwide due to chaos over new watch
Swiss watchmaker Swatch temporarily closed its stores in several countries, including the Netherlands, on Saturday due to overwhelming crowds for a new watch launch. Similar closures occurred in the U...
YouTube, Snap and TikTok settle case over social media addiction healthcare costs
YouTube, Snap, and TikTok have reached a settlement in a United States lawsuit regarding the addictive nature of their platforms. The case addressed allegations that social media addiction has led to ...
Everyone wants time off in May, payroll administrator Ronald (61) works flat out
While many employees take time off in May for holidays like Ascension Day and Pentecost, 61-year-old payroll administrator Ronald faces an increased workload. Anne-Marije Buckens, who runs a company h...
Volendam director with a Telstar heart: 'Both clubs deserve to stay in the Eredivisie'
Piet van der Pol, the current general director of FC Volendam and former director of Telstar, expressed his support for both clubs ahead of their upcoming match. He emphasized that both teams deserve ...
Netherlands beckons India: PM Modi eyes ASML, water expertise and new trade deals
Indian Prime Minister Narendra Modi is visiting the Netherlands this weekend to pursue new trade deals in sectors including defense, water management, and technology. During his visit, he met with Kin...
Long queues for new watch, stores closed for rest of day
Police and security cleared hundreds of people from the Mall of the Netherlands in Leidschendam on Saturday morning. The crowd had gathered for the release of a new Swatch watch, leading to the store'...
Millions paid for lunch with investor Buffett and basketball star Curry
An anonymous bidder paid 9 million dollars at a charity auction for a lunch with legendary investor Warren Buffett and NBA star Stephen Curry. The proceeds from the significant donation will be used t...
Swatch store in South cancels exclusive watch sale: Safety can no longer be guaranteed
Spekkoek Queen comes to Leiden with Indonesian layered cake: 'They even visited me from Dubai and the US'
The 'Spekkoek Queen' is bringing her traditional Indonesian layer cakes to Leiden, attracting international customers from as far as Dubai and the United States. This expansion highlights Dutch baking...
Bernard (81) loses thousands of euros to sophisticated new bank scam: 'I’m deeply ashamed'
An 81-year-old man named Bernard lost thousands of euros to sophisticated bank help desk fraud that utilizes AI and data leaks to impersonate bank staff. Data from ABN Amro reveals that scammers now u...
FNV warns government: don't abolish the weekend through extended opening hours
The FNV trade union has urged the Dutch cabinet to maintain existing shopping hour regulations to protect weekends, evenings, and holidays for workers. FNV official Linda Vermeulen warned that expandi...
Marlboro under fire over ads encouraging youth smoking
Marlboro is facing backlash for advertising campaigns in regions including Asia, Morocco, and Germany that critics say encourage young people to smoke. These advertisements reportedly contradict the c...
Rare Swatch sale spirals out of control: stores in Amsterdam, Utrecht, and Leidschendam remain closed
The release of a rare Audemars Piguet x Swatch watch was canceled on Saturday morning due to extreme crowds at several store locations. Branches in Amsterdam, Utrecht, and Leidschendam remained closed...
CBS outage resolved after Almere data center fire
The Central Bureau for Statistics (CBS) has resolved a system outage caused by a fire at a datacenter in Almere last Thursday. The disruption also impacted other companies using the facility, but serv...
Annemiek and Thomas buried under return packages from unknown Chinese webshop
Annemiek and Thomas Buiter have been receiving a continuous stream of return packages for years because an unknown Chinese webshop provided their home address as a return destination. Despite their ef...
Is €7.50 for a slice of apple pie acceptable in Amsterdam? ‘Outrageous, I say as a guest, but as a business owner I understand it’
Experts on state aid for Tata: 'Amsterdam won't get a green port without those 2 billion'
Sharp losses on New York stock exchanges, oil prices significantly higher
Stock markets in New York closed with significant losses on Friday, reversing gains from the previous day. Technology and chip stocks were among the biggest decliners, while oil prices saw a substanti...
Long queue at Swatch store in P.C. Hooftstraat for exclusive watch: ‘I’m going to resell it immediately’
Reuters: SpaceX to join Nasdaq on June 12
Elon Musk's commercial space company, SpaceX, is expected to go public on the Nasdaq exchange on June 12. Sources familiar with the matter reported the news to Reuters, marking a significant developme...
China makes 'fresh start' with US dependent on handling of Taiwan
During a state visit to China, U.S. President Donald Trump announced that the two countries reached significant deals and resolved numerous issues. However, Beijing emphasized that a successful future...
Environmental agency threatens to revoke permits for both coke gas plants
The North Sea Canal Area environmental agency has formally notified Tata Steel that it is preparing to revoke the operating permits for both of its coke gas plants. This notification was sent via lett...
Queuing for days for a trendy watch, but mostly for resale: Can make a lot of money
A large crowd has gathered in Amsterdam's P.C. Hooftstraat to queue overnight for the release of an exclusive 400-euro watch, which many hope to resell for significant profit. Resellers and collectors...
Tata Steel: steel market conditions very challenging due to war
Tata Steel reports that global market conditions for the steel industry have become highly challenging due to the conflict in the Middle East and rising energy prices. The Indian group, which owns the...
David and Victoria Beckham can now call themselves billionaires
David and Victoria Beckham have officially reached billionaire status according to the annual Sunday Times Rich List. The couple's joint wealth is now estimated at over £1.1 billion, which is equival...
Ajax scouting department feels not taken seriously by Jordi Cruijff
Green Pennant crowns Blue Flag for Uitgeest Marina: Not exactly a marketing tool
Owners Menno and Caroline Klein of Jachthaven Uitgeest have received the Blue Flag with a Green Pennant award in recognition of their marina's environmental standards. They emphasized that the award i...
Significantly fewer passengers at Frankfurt Airport due to Lufthansa strikes
Frankfurt Airport experienced a significant decline in passenger numbers in April compared to the previous year due to multi-day strikes by Lufthansa pilots and cabin crew. The industrial action led t...
Dozens of Gall & Gall stores closed due to strike, union calls it a ‘paltry offer’
Schiphol security guards sound alarm: workload sky-high and safety under pressure
Security guards at Schiphol Airport, represented by the FNV union, are sounding the alarm over excessive workloads and a failing safety culture. Employees report that the high pressure is affecting th...