Business News in English
Latest business headlines from Dutch news, translated into English.
MediaMarkt pulls crypto wallets from shelves over stolen currency
MediaMarkt has removed Ledger cryptocurrency wallets from its online platform after it was discovered that some devices were tampered with by a third-party seller to steal digital assets. While no rep...
From Nedersaksen line to A20 highway: billion-euro deficit forces cabinet to make tough infrastructure choices this week
The Dutch government is set to make challenging decisions this week on infrastructure investment due to a multi-billion euro budget deficit. Officials must weigh the urgent need to repair aging roads ...
Albert Heijn restarts systems, shelves may not be fully stocked for a week
Albert Heijn is working to restore its internal systems after a recent cybersecurity incident caused supply chain disruptions and halted online grocery deliveries. The company expects it could take up...
ASML cannot keep up with high demand: order flow rises further after strong quarter
Chip equipment manufacturer ASML reported a strong quarter and continues to face high demand for its machines. The company intends to scale up its operations as client orders are projected to remain r...
Liveblog: Cyber crisis at AH | Many empty shelves in Albert Heijn stores, app and delivery service down
Supermarket chain Albert Heijn is facing its fourth day of widespread disruptions following a major cybersecurity incident that has disabled its app, website, and delivery services. While physical sto...
Regional transport workers go on strike: 'I want to stand up for my future'
Regional bus drivers in the Netherlands have launched a series of strikes to protest proposed changes to their work schedules and longer, ten-hour shifts. The workers argue these new conditions negati...
OpenAI employee arrested for planting hidden listening device
An OpenAI engineer, Abdulrahman Alfozan, has been arrested for allegedly planting a hidden eavesdropping device in the company's executive boardroom. While the suspect faces federal charges, OpenAI ma...
Albert Heijn warns of phishing risk after cyber incident, investigation ongoing
Albert Heijn is investigating a cybersecurity incident that has caused significant disruptions to its online services, delivery operations, and store supply chains. The supermarket chain has reassured...
Albert Heijn violates employee terms of employment according to union
The labor union FNV accuses Albert Heijn of breaching employment contracts by failing to pay staff for shifts canceled due to a recent cybersecurity incident. While the union demands compensation for ...
Dating app Bumble to be acquired and delisted from stock exchange
Bumble is being acquired by Ithaca Holdings for 6.05 dollars per share, marking the dating app's exit from the stock market. The move follows a period of declining user engagement as the platform atte...
"A bit scary": customers find Albert Heijn computer incident unsettling
Supermarket chain Albert Heijn faced a major cybersecurity incident that disrupted fresh product deliveries and disabled digital price displays for several days. While store operations are recovering,...
Gas prices hit yearly high due to Gulf region shortage
European gas prices have hit their highest point since 2022 due to supply shortages following reduced imports from the Gulf region. This scarcity has forced Europe to compete with Asia for limited gas...
Empty shelves, saunas in the coolers: our essential services are vulnerable to cyber incidents
The grocery sector is increasingly facing cybersecurity threats, leading to incidents such as empty store shelves and malfunctioning cooling equipment. Experts warn that these vulnerabilities in essen...
Ahold Delhaize sees no signs that personal data has been stolen
Ahold Delhaize is working to restore systems after a cyberattack caused widespread disruptions to its websites and distribution centers, though no evidence of data theft has been found. The Dutch gove...
Cabinet warns against panic over Albert Heijn outage, but: ‘This affects daily life’
The Dutch government is working to ensure food security after a major cybersecurity incident at Albert Heijn caused supply disruptions and empty store shelves. Officials have promised to develop new c...
Banks launch alternative to Apple and Google Wallet: My Check
Dutch banks ABN Amro, ASN, and Rabobank have launched My Check, a new digital identity wallet designed to reduce dependence on American tech companies. The app allows users to securely store and selec...
Customs processes far fewer individual packages following import duties, workload remains high
Dutch customs report a sharp decline in individual e-commerce parcels since the implementation of a 3-euro import levy, as retailers increasingly shift to bulk shipping. While this transition facilita...
Albert Heijn shelves increasingly empty: 'Today I'll be facing and mopping'
Albert Heijn stores across the Netherlands are facing widespread inventory shortages and operational hurdles due to a major cybersecurity incident affecting central IT systems. Staff are struggling to...
Customers can no longer earn Air Miles at Shell starting in November
Shell will discontinue the Air Miles loyalty program at its stations starting November 1, shifting focus to personalized rewards within its own mobile app. Customers have until the end of October to c...
Discover job opportunities at free career events at the Johan Cruijff ArenA
A free career event will take place on Tuesday, October 20, at the Johan Cruijff ArenA in Amsterdam. The session is open to anyone looking for a new job or seeking professional growth.
IT crisis could hit Ahold Delhaize revenue, extent of damage still unclear
Ahold Delhaize is experiencing a multi-day IT disruption caused by a precautionary shutdown of systems following a cyber incident. This has halted online deliveries and caused supply chain issues in s...
Unrest among thousands of Albert Heijn temporary workers: sent home and uncertain about wages
A significant cybersecurity incident has disrupted operations at Albert Heijn, causing thousands of temporary workers to be sent home and creating uncertainty regarding their pay. The retailer's logis...
Ahold Delhaize loses 787 million euros in market value in one day due to IT crisis
Parent company Ahold Delhaize lost 787 million euros in market value in one day due to a major IT crisis impacting its retail chains. The technical disruption has caused logistics issues and empty she...
Netherlands ranks bottom in Europe for female board appointments
The Netherlands ranked last in Europe for the number of women appointed to supervisory board positions in the past year, according to a report by Heidrick & Struggles. Despite the low number of new fe...
Ajax partners with Amsterdam-based auction platform for used pro-athlete jerseys
Ajax has partnered with the Amsterdam-based platform MatchWornShirt to auction official player-worn jerseys from its men's and women's teams. The multi-year deal will see proceeds support the club's a...
AH still suffering from cyber incident: groceries not delivered today, website remains down
Albert Heijn is facing widespread operational disruptions following a major cybersecurity incident that has left its website and delivery services offline. While physical stores remain open, customers...
Supermarkets spark a stroopwafel war: 3.2 cents per waffle, but why?
Dutch supermarkets are currently competing in a price war over stroopwafels, with some chains reducing costs to as low as 38 cents per pack to boost their low-price image. While most major retailers h...
Inflation rises further, with fuel prices leading the increase
Inflation in the Netherlands increased in September, largely fueled by rising fuel prices and more expensive consumer electronics. Conversely, grocery prices decreased, providing some relief as the ov...
Private landlords in Haarlem sell off property: 1,235 fewer rental homes last year
Private landlords in Haarlem sold off 1,235 rental properties last year, significantly reducing housing options for middle-income residents. The decline is attributed to stricter government regulation...
Surprise over Meta CEO's comments on AI glasses, Dutch foundation files summary proceedings
Dutch advocacy group Offlimits is taking Meta to court to stop the sale of its AI smart glasses, citing widespread misuse of the device's camera for non-consensual filming. While Meta maintains the pr...