Business News in English
Latest business headlines from Dutch news, translated into English.
Court dismisses money laundering case against Marcel Kaatee over Red Light District properties
Amsterdam households also face waiting list for heavier power connections soon
Jumbo store in Velserhof IJmuiden to open this autumn, not this month
The opening of the new Jumbo supermarket in the Velserhof shopping center in IJmuiden has been delayed until this autumn. Renovations are taking longer than expected, pushing the launch back from its ...
British Superdry co-founder found guilty of raping woman in her home
James Holder, the British co-founder of the clothing brand Superdry, has been found guilty of raping a woman at her home. The incident took place in 2022 following a night out.
Dutch can profit more from their savings by investing
The Netherlands Authority for the Financial Markets (AFM) reports that one in ten Dutch households has sufficient financial resources to invest but chooses not to. This trend could lead to long-term f...
Fertilizer chief warns global food production under pressure from Iran war
Svein Tore Holsether, the CEO of fertilizer producer Yara, warns that conflict in Iran could severely disrupt global food production, potentially costing up to ten billion meals per week. He emphasize...
IJmuider Courant returns to Kennemerlaan. New editorial office in IJmuiden
The editorial office of the IJmuider Courant has moved to a new location at Kennemerlaan 35 in IJmuiden this week. The staff transitioned from their previous office at Fidelishof back to the well-know...
Growing season off to a slow start due to persistent drought
The growing season in the Netherlands is starting at a disadvantage due to persistent drought conditions affecting farmers and gardeners. LTO Nederland reports that soil and groundwater levels have no...
Dynamic electricity contract? Turn everything on this afternoon and the money will roll in
Electricity prices for consumers with dynamic energy contracts in the Netherlands will drop to a record low of -47 cents starting at 12:00 PM today. This negative pricing allows households to earn mon...
Dutch Tax Administration receives record 10.7 million tax returns
The Dutch Tax and Customs Administration received a record 10.7 million tax returns from individuals and businesses before the May 1 deadline. This total surpasses the previous record of 10.5 million ...
Fatbike seller sues Enschede over fatbike ban
Fatbike retailer La Souris is suing the municipality of Enschede to challenge a ban on fatbikes in the city center. The company argues the ban is discriminatory for distinguishing between fatbikes and...
Mbarki and Halsema defend Shell's participation in Amsterdam Economic Board
Amsterdam Mayor Femke Halsema and Alderman Sofyan Mbarki have defended Shell's membership in the Amsterdam Economic Board despite calls from political opponents to remove the company. They argued that...
Apple reports best first quarter ever despite chip shortage
Apple reported its best first-quarter revenue ever, earning 111.2 billion dollars between January and March. This represents a 17 percent increase compared to the previous year, despite the ongoing gl...
Retail sales rise in March despite Iran war, furniture especially in demand
Dutch retailers saw a significant increase in turnover in March compared to the previous year, according to data from Statistics Netherlands (CBS). Despite concerns that conflict in the Middle East wo...
Trump lifts Scotch whisky tariffs after royal visit
Donald Trump has removed import duties on Scotch whisky following a dinner with King Charles and Queen Camilla on Thursday. The President-elect stated that the royal couple influenced his decision wit...
Shibuya karaoke bar reopens this weekend, three years after forced closure
Karaoke bar Shibuya in Haarlem is set to reopen this weekend after being closed for nearly three years. Under new ownership, the establishment maintains its original appearance and atmosphere.
ING: house prices will not rise further this year due to higher supply
ING predicts that Dutch house prices will remain stable for the rest of the year due to an increase in available housing supply. While the national average is expected to flatten, economists suggest t...
Oil price pain came quickly after war began, energy bill impact yet to come
Research from ABN AMRO indicates that Dutch households are currently feeling the economic impact of the Middle East conflict primarily through increased fuel prices. While energy bills have not yet ri...
Spotify to distinguish real musicians from AI artists with green checkmark
Spotify has announced a new verification system that uses a green checkmark to help users distinguish real musicians from AI-generated content. This initiative aims to provide transparency on the stre...
GGD: No evidence of increased lung cancer risk in North due to industry
A GGD study found no evidence that industrial emissions are responsible for the significantly higher lung cancer rates in the Amsterdam-Noord district. While cancer rates in the area are well above th...
Unilever sheds food brands: from Lipton to Becel, not every brand proved a success under new ownership
Unilever has sold its food division, including major brands like Knorr and Hellmann’s, to the American company McCormick, marking the end of the multinational's involvement in the food sector. The t...
New chapter for anniversary butchery Chateaubriand in Heemstede: Eijmert Teekens (28) is the fourth generation to lead the family business
Twenty-eight-year-old Eijmert Teekens has taken over as the fourth-generation leader of the family-owned butcher shop Chateaubriand in Heemstede. He aims to modernize the business by integrating hospi...
Setback for Utrecht power grid: essential gas generators may arrive too late
The deployment of emergency gas generators intended to relieve Utrecht's overcrowded power grid is facing delays, meaning they may not be ready for the upcoming winter. This setback increases the risk...
Inflation barely rises: a relief, but it's the calm before the storm
Inflation in April remained nearly unchanged compared to March, defying fears that high energy prices would drive rates significantly higher. Experts caution that this stability may be short-lived, as...
Dutch foundation sues Netflix over price increases
The Dutch foundation Bescherming Consumentenbelang is suing Netflix over price increases implemented in recent years, which the group claims are unlawful. The lawsuit aims to challenge the legality of...
Agricultural organizations urge EU to intervene in fertilizer crisis
Dutch and Polish agricultural organizations have called on the European Commission to intervene in the current fertilizer crisis. Prices have risen sharply across Europe following a blockade of the St...
Juicy news for bubble tea lovers: CoCo Bubble Tea opens a new location in Amsterdamse Poort
Faiza Bellai is opening a new branch of the Taiwanese chain CoCo Bubble Tea in the Amsterdamse Poort shopping center. This expansion reflects the ongoing popularity of the beverage in Amsterdam and ad...
Schiphol Polderbaan runway out of service for over a week for maintenance
Schiphol Airport will perform annual maintenance on the Polderbaan runway from May 4 to May 12. The runway will be closed to air traffic on weekdays during this maintenance period.
Number of crack incidents in Amsterdam doubles in five years, police blame rogue recruitment agencies
Bolstoren construction project in Nieuw-Vennep to proceed, developer granted permit: 'By acting now, we limit further delay'
The municipality of Haarlemmermeer has granted an environmental permit for the renovation of the iconic Bolstoren in Nieuw-Vennep. This allows the developer to officially proceed with the project, whi...