Business News in English

Latest business headlines from Dutch news, translated into English.

Trump calls Supreme Court ruling a disgrace and announces new tariff
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Trump calls Supreme Court ruling a disgrace and announces new tariff

U.S. President Donald Trump has criticized a Supreme Court ruling that declared many of his import tariffs illegal, calling the decision a "disgrace." Trump expressed deep disappointment in the judges...

Piet Huijg and his legacy of service live on in Cronjé sports shop: 'We do things differently, but honor my father's values'
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Piet Huijg and his legacy of service live on in Cronjé sports shop: 'We do things differently, but honor my father's values'

The sports shop founded by former HFC Haarlem player Piet Huijg is celebrating its 50th anniversary in the Cronjé district of Haarlem. Managed by his daughter Ilse for the past decade, the store cont...

State Secretary advises parents to keep children away from play sand
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State Secretary advises parents to keep children away from play sand

Dutch State Secretary Judith Tielen has advised parents and organizations to prevent children from playing with play sand due to concerns over potential asbestos contamination. While no formal ban has...

US economic growth slows in fourth quarter
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US economic growth slows in fourth quarter

The United States economy grew by 2.2 percent last year, a decrease from the 2.8 percent growth recorded in 2024. This expansion was primarily driven by increased consumer spending and business invest...

Defeat for Trump: US Supreme Court rules tariffs unlawful
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Defeat for Trump: US Supreme Court rules tariffs unlawful

The US Supreme Court has ruled that import tariffs imposed by President Donald Trump are unlawful, stating that the authority to set such duties belongs to Congress. While the ruling does not affect t...

Flood of complaints about Odido prompts watchdog to issue special appeal
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Flood of complaints about Odido prompts watchdog to issue special appeal

Dutch authorities are being overwhelmed by reports from current and former Odido customers concerned about potential identity fraud. The surge in complaints has prompted the Dutch Data Protection Auth...

EU steel exports to US fall 30 percent due to high import tariffs
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EU steel exports to US fall 30 percent due to high import tariffs

Steel exports from the European Union to the United States dropped by 30 percent during the second half of last year compared to the same period in 2024. This significant decline is attributed to the ...

Former Jehovah's Witness Armando committed armed robbery, but is now a successful entrepreneur: ‘Suddenly I had a change of heart’
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Former Jehovah's Witness Armando committed armed robbery, but is now a successful entrepreneur: ‘Suddenly I had a change of heart’

Armando Muis, a 35-year-old former Jehovah's Witness who committed an armed robbery at age 15, has transformed his life into a highly successful business career. Currently a fatbike entrepreneur, he i...

Dutch citizens no longer allowed to participate in Polymarket betting
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Dutch citizens no longer allowed to participate in Polymarket betting

The American betting platform Polymarket has blocked Dutch users from participating in wagers on its site. This action follows a demand from the Dutch Gambling Authority (Kansspelautoriteit) for the c...

Construction of 6,500 homes in Hamerkwartier still possible after deal with chemical company Ketjen
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Construction of 6,500 homes in Hamerkwartier still possible after deal with chemical company Ketjen

The City of Amsterdam has reached an agreement with chemical company Ketjen to proceed with the construction of 6500 homes in the Hamerkwartier district, following a previous legal block over health a...

Housing construction in Hamerkwartier to proceed after deal with Ketjen
amsterdam

Housing construction in Hamerkwartier to proceed after deal with Ketjen

The industrial area Hamerkwartier will be transformed into a mixed residential neighborhood following a new agreement with the chemical company Ketjen. This deal enables the commencement of housing co...

Odido data breach scam: Fake website charges €50 per claim
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Odido data breach scam: Fake website charges €50 per claim

Victims of the Odido data leak are being warned about a fraudulent website that falsely promises to file compensation claims for a fee of 49.99 euros. The site is a scam, and customers are advised not...

Man allowed to keep 8 million gift after all as tax authorities lose case
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Man allowed to keep 8 million gift after all as tax authorities lose case

A Dutch court has ruled that a company director in the northern Netherlands can keep an €8 million gift received after 24 years of service at a family business. The decision rejects a claim by the D...

Potatoes dirt cheap due to surplus, but not for supermarket shoppers
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Potatoes dirt cheap due to surplus, but not for supermarket shoppers

Potato prices have dropped significantly since the spring of 2025 due to a surplus from favorable harvests, leaving farmers with massive excess stock. However, consumers have yet to see these savings,...

HEMA also recalls play and craft sand over possible asbestos
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HEMA also recalls play and craft sand over possible asbestos

HEMA is recalling play and craft sand from its stores due to the potential presence of asbestos in the products. Customers are urged to return the affected items to the store immediately for safety re...

Half-million euro fine for construction companies that bribed Sint Maarten minister
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Half-million euro fine for construction companies that bribed Sint Maarten minister

Two subsidiaries of the construction company VolkerWessels were ordered by a court in Zwolle on Thursday to pay a combined fine of €480,000 for bribing former Sint Maarten minister Theo Heyliger. Th...

Government raises 923 million euros from emission rights auction
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Government raises 923 million euros from emission rights auction

The Dutch government raised approximately 923 million euros last year through the auction of carbon emission rights. These rights must be purchased by large industrial companies to legally emit CO2, w...

Videoland on Teun Kuilboer's departure from Sleepers: 'There were tensions'
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Videoland on Teun Kuilboer's departure from Sleepers: 'There were tensions'

Actor Teun Kuilboer has resigned from the Videoland series *Sleepers* with immediate effect, citing what he described as an unworkable situation. Videoland and production company Fiction Valley confir...

Philips still plagued by sleep apnea scandal: CEO also sued
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Philips still plagued by sleep apnea scandal: CEO also sued

Philips continues to face legal repercussions from its 2021 sleep apnea device recall, with American investors filing a lawsuit against CEO Roy Jakobs in December. Investors in the Netherlands are als...

After Unilever, Nestlé may also spin off ice cream division including Häagen-Dazs
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After Unilever, Nestlé may also spin off ice cream division including Häagen-Dazs

Nestlé is considering the sale of its ice cream division, which includes the Häagen-Dazs brand, as part of an ongoing corporate reorganization. The Swiss food company aims to focus more on its other...

Zuckerberg gives rare testimony in social media addiction case
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Zuckerberg gives rare testimony in social media addiction case

Meta CEO Mark Zuckerberg testified in court on Wednesday for the first time regarding Instagram’s impact on the mental health of young users. During the testimony, he was questioned about how age li...

Advisory body SER calls for eight weeks of paid leave for informal caregivers
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Advisory body SER calls for eight weeks of paid leave for informal caregivers

The Dutch advisory body SER is calling for the government to provide eight weeks of paid leave to help informal caregivers balance their jobs with their caregiving responsibilities. This recommendatio...

Quartet behind Skatecafé opens Noorderpark Café, where things are a bit more laid-back
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Quartet behind Skatecafé opens Noorderpark Café, where things are a bit more laid-back

The four founders of Amsterdam's Skatecafé have taken over the Noorderpark Café in Amsterdam-Noord, transforming it into a relaxed, family-friendly neighborhood destination. The new owners plan to o...

350-euro washing machines, fresh durian and maybe a Rolex: Chinese giant aims to conquer the Dutch market
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350-euro washing machines, fresh durian and maybe a Rolex: Chinese giant aims to conquer the Dutch market

Chinese e-commerce giant JD.com is planning to expand its presence in the Dutch market, posing a significant threat to local retailers like Bol.com and Coolblue. Retail expert John Lin predicts the co...

Tech billionaires (and Dick Schoof) discuss the future of AI at Indian summit
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Tech billionaires (and Dick Schoof) discuss the future of AI at Indian summit

Leaders from major technology companies, including OpenAI, Google, and Anthropic, are gathering in India to discuss the future and impact of artificial intelligence. Outgoing Dutch Prime Minister Dick...

KLM concerned about costs but parent company reports record profit
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KLM concerned about costs but parent company reports record profit

KLM CEO Marjan Rintel has called for improved cost management following a challenging 2025, despite the airline starting and ending the year strongly. In contrast, parent company Air France-KLM report...

Dutch investors fared well in otherwise turbulent year
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Dutch investors fared well in otherwise turbulent year

In 2025, the investment value of Dutch households increased by 7.8 percent, according to data from De Nederlandsche Bank (DNB). Despite experiencing a volatile and tense financial year, the central ba...

Few people ill in January for the time of year
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Few people ill in January for the time of year

Employee absenteeism in January was lower than in previous years, but rates are now rising due to the start of a flu epidemic. The celebration of Carnival is expected to further contribute to this inc...

Fishmonger at wits' end: stall area plagued by rats but health services say little can be done
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Fishmonger at wits' end: stall area plagued by rats but health services say little can be done

Renger Debens, owner of the "De Nieuwe Vangst" fish stall in Amsterdam, is struggling with a severe rat infestation that is causing the ground to sink and damaging his stall's structure. While local h...

Dozens of flights at Schiphol cancelled as a precaution due to winter weather
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Dozens of flights at Schiphol cancelled as a precaution due to winter weather

Airlines have preemptively cancelled approximately 100 flights at Schiphol Airport due to expected winter weather conditions. These cancellations primarily affect European destinations and were made a...