Business News in English
Latest business headlines from Dutch news, translated into English.
Sandevoerde campsite owner wants permanent guests gone within a month
The owner of Sandevoerde campsite in Zandvoort is demanding that seasonal campers remove their belongings by August 15th to facilitate the development of 250 luxury chalets. Campers are resisting the ...
Blockade of Strait of Hormuz could lead to global recession
The global economy risks a recession if the Strait of Hormuz remains closed due to ongoing tensions between Iran and the United States. This situation threatens to increase costs for consumers in the ...
Chip stocks recover on stock market after weeks of heavy losses
Chip companies Besi, ASMI, and ASML saw a strong recovery on the stock market on Tuesday following several weeks of significant losses. This upward trend in technology stocks was also observed across ...
Novo Nordisk sues competitor Eli Lilly over misleading advertising
Danish pharmaceutical company Novo Nordisk has filed a lawsuit in the United States against its competitor Eli Lilly. The company alleges that Eli Lilly's advertisements for the weight-loss injection ...
Number of people on unemployment benefits in Haarlem rises for third consecutive year
For the third consecutive year, the number of unemployment benefits in Haarlem has increased, according to new data from the UWV. By the end of June, the city recorded its highest number of unemployme...
Gas prices rise due to Middle East unrest
European gas prices have surged by over 20 percent in the past week, reaching their highest level since mid-March. This increase is driven by growing concerns over supply security ahead of winter due ...
Why customers are reacting so fiercely to a changed cheese roll at Albert Heijn: ‘It creates a feeling of loss of autonomy’
Supermarket chain Albert Heijn is reformulating its cheese pastry recipe following significant customer complaints about the change in taste. A consumer psychologist notes that such reactions often st...
Mercedes wants US to ease rules on sales of Chinese cars
Mercedes-Benz is lobbying the United States to relax proposed regulations that would restrict the sale of Chinese-made vehicles. The German automaker is impacted by these potential rules because it is...
Parasite outbreak causes significant drop in Taco Bell visitors
Taco Bell is experiencing a significant decline in visitor numbers in the United States following a parasite outbreak linked to contaminated iceberg lettuce. Authorities have identified a supplier of ...
Deutsche Bahn wants alcohol ban at German stations following incident with employee
The German railway operator Deutsche Bahn intends to implement an alcohol ban across its approximately 5,400 stations starting October 15. This decision follows recent security incidents and builds up...
Gas station owners must either close or expand their shops: ‘And not by choice’
Local gas station owners in the Netherlands are facing financial pressure, with industry organization Bovag advising them to either significantly expand their shops or convert to unmanned stations to ...
Foundation demands millions from ACM over Flexenergie bankruptcy
A foundation is suing the Netherlands Authority for Consumers and Markets (ACM) for at least 15.7 million euros on behalf of former Flexenergie customers. The claim alleges that the regulator failed t...
Over half of Dutch entrepreneurs feeling impact of Middle East conflict
More than half of Dutch entrepreneurs are experiencing negative impacts from the conflict in the Middle East. Rising costs for energy, transport, and procurement, combined with increased economic unce...
Former hotel on Sarphatistraat gives people the creeps with dolls: "Bet it's haunted"
A former hotel located on the Sarphatistraat in Amsterdam has become a local curiosity due to dolls displayed in its windows, which passersby describe as spooky or mysterious. The 28-room property, cu...
Judge temporarily halts Paramount's acquisition of Warner Bros.
A court has temporarily halted the merger between Warner Bros. Discovery and Paramount following a request from twelve US states. The states argue that the multi-billion dollar deal could negatively i...
How influencers fueled Albania's tourism boom (and why Amsterdam uses a different approach)
Amsterdam real estate agent advises buyer to demolish quickly before property gets heritage status: 'Get it all out'
US announces new 50 percent tariffs on Canadian products
United States President Donald Trump signed an executive order on Monday to impose a 50 percent tariff on various Canadian products. This new policy marks a significant change in trade measures affect...
Diesel price rises faster than gasoline due to shortages and oil supply unrest
Diesel prices in the Netherlands have risen significantly faster than gasoline prices over the past two weeks due to tight market conditions and instability in oil supply. This increase is expected to...
Fewer Dutch apples on shelves this year, but more pears
Dutch fruit growers anticipate a significant decrease in this year's apple harvest compared to last year. Conversely, the pear harvest is expected to be more abundant than in the previous season.
Truck ban on Merwede Bridge costs transport sector 1.5 million euros daily
A truck ban on the Merwede bridge near Gorinchem forces approximately 18,000 trucks to take detours daily, causing significant delays. The transport sector estimates these diversions cost 1.5 million ...
What we suspected is true: refineries and oil companies are profiting from expensive diesel and gasoline
Oil companies and refineries are significantly increasing their profits amid the global Iran crisis by leveraging fluctuating oil prices. This financial gain comes directly at the expense of motorists...
Film The Odyssey has spectacular opening weekend with over 230 million in revenue
ACM: motorists can save significantly by choosing a different gas station
The Authority for Consumers and Markets (ACM) in the Netherlands has reported that motorists can save significantly by comparing fuel prices. Their analysis found that prices for gasoline and diesel c...
Ryanair says planes are safe after man was sucked out of aircraft window
Ryanair has issued a statement confirming the safety of its aircraft following an incident where a passenger was pulled through a plane window during a flight. The airline has initiated contact with t...
AliExpress fined 550 million euros for unsafe products
The European Commission has imposed a record fine of 550 million euros on AliExpress for the long-term sale of unsafe toys, counterfeit items, and dangerous cosmetic products. The platform was found g...
Do you also find networking events awkward? A psychologist shares what helps
Psychologist Thijs Launspach shares practical advice on how to overcome feelings of awkwardness and social anxiety during professional networking events. The tips are aimed at helping individuals bett...
Morocco to leverage next World Cup to boost tourism industry
Morocco is preparing for its role as one of the three host nations for the 2030 FIFA World Cup. The country aims to use the tournament to significantly expand and boost its national tourism industry.
ASML makes a staggeringly large contribution to our earning capacity: how dependent does the Netherlands want to be on the company?
ASML has become a massive economic force and the largest employer in the Brainport region. This success has sparked a public debate regarding the potential risks of the Netherlands becoming overly dep...
Pedal to the metal! Pay the least at this gas station in Haarlem
Fuel prices in the Netherlands remain high, with an average cost of 2.232 euros per liter for Euro95 gasoline. A recent study by Independer highlights that these prices fluctuate daily and vary signif...