Business News in English

Fraud at taxi company recalls Amsterdam ‘taxi war’: ‘It was intense, but professionally also thrilling’

Bitcoin plunges further as largest holder sells

Bitcoin's price has dropped towards $60,000, reaching its lowest level in months. The decline follows reports that American billionaire Michael Saylor sold a portion of his bitcoin holdings to pay his...

Do I have to pay VAT on shipping costs from a webshop?

A consumer from Den Helder is questioning whether it is correct for webshops to charge VAT on shipping costs for online orders. Under Dutch tax regulations, shipping fees are generally subject to the ...

Disneyland Paris still hasn't recouped billion-euro investment after 34 years

Disney has not yet recouped its multi-billion euro investment in Disneyland Paris after 34 years of operation. An analysis by theme park journalists indicates that the resort still faces a deficit of ...

Lufthansa Boeing nose gear collapses at Frankfurt airport

A Lufthansa Boeing 787 Dreamliner's nose gear collapsed on Thursday while at Frankfurt Airport. No passengers were on board the aircraft at the time of the incident.

Man (20) seriously injured after fall at work

A 20-year-old man was seriously injured after falling from a height during an industrial accident at a business park in Schiphol-Rijk on Monday. He was treated at the scene for head injuries and multi...

Four arrested for illegal veterinary drug trade in North Holland

The Netherlands Food and Consumer Product Safety Authority (NVWA) arrested four individuals in North Holland on Wednesday for the illegal trade of veterinary medicines. During the operation, investiga...

Amazon creates 25,000 new jobs in Europe through additional investment

Amazon plans to increase its investments in Europe, which is expected to create 25,000 new jobs across the continent in the coming years. This expansion will add to the company's current European work...

ASN customer savings appear missing, glitch to be resolved tonight

A technical glitch following a failed update caused account balances to appear empty for customers of ASN Bank and SNS on Thursday morning. The banks announced that the issue will be resolved overnigh...

Space on the power grid after all: 173 Zeeland companies off the waiting list

In the Dutch province of Zeeland, 173 companies have been cleared from a waiting list to be connected to the power grid. This capacity was made available after two large companies agreed to use the el...

Zara pulls Curaçao World Cup shirts after major blunder

Fashion retailer Zara has withdrawn its new World Cup-themed T-shirts from stores following a significant spelling error. The shirts incorrectly printed the name of the island as "Curaçau" instead of...

De Evenaar primary school in Heemstede explores merger with neighboring De Ark: ‘Independent survival no longer a realistic scenario’

Primary school De Evenaar in Heemstede is exploring a merger with neighboring school De Ark due to declining student numbers. Director Domien Geluk stated that remaining independent is no longer a rea...

Number of Dutch millionaires grows and they are becoming even wealthier

The number of millionaires in the Netherlands is increasing, and their total collective wealth is also growing. This information comes from a study conducted by consultancy firm Capgemini, which analy...

Shoplifter caught in the act and arrested in Heemskerk

A 29-year-old man from Velsen was arrested on Wednesday evening after being caught red-handed shoplifting from a supermarket in Heemskerk. The suspect was taken into custody following the incident.

Loss-making Wehkamp acquired by Zeeland fashion chain Omoda

Zeeland-based fashion chain Omoda is acquiring the larger online department store Wehkamp, which has recently been operating at a loss. This transaction significantly expands the family-owned business...

Largest chip manufacturer cannot keep up with AI chip demand for now

TSMC, the world's largest chip manufacturer, is currently unable to meet the global demand for chips required for AI applications despite scaling up production. Experts anticipate it could take severa...

Replenishing gas storage is slow: ‘Not attractive to buy now’

Gas storage replenishment in the Netherlands is progressing significantly slower than last year, with reserves at 16% on June 1st compared to 38% at the same time a year ago. High summer prices, which...

More sick leave compared to last year: 'Workload most cited reason'

Sickness absence in the Netherlands rose to 5.8% in the first quarter of this year, compared to the 5% average seen in previous years. Increased work pressure was cited as the most common reason for e...

Barbie playbook used for He-Man: ‘Driven mainly by nostalgia’

Following the success of the Barbie movie, toy manufacturer Mattel is preparing a new cinematic release for the 1980s action hero He-Man. The company aims to revitalize the brand for modern audiences ...

Hussein has mixed feelings after selling his IJmuiden steakhouse: 'In life you will sometimes fail, try again and maybe fail again'

Hussein Sheikh-Ahmar has sold his steakhouse located at Plein 1945 in IJmuiden after lowering the asking price by 140,000 euros. While expressing relief over the sale, Sheikh-Ahmar also shared feeling...

'I didn't know I had to leave,' says Evert Roelofs, owner of Pavilion Het Witte Huis for just three days

Evert Roelofs, who purchased Paviljoen Het Witte Huis in Overveen on Monday, discovered through a newspaper report just days later that he must vacate the premises by the end of summer. Roelofs states...

Fewer sleepless nights: Heijmans largely phases out traditional pile driving

Construction company Heijmans is largely replacing traditional pile driving with drilling and screwing methods to reduce noise and vibration nuisance for nearby residents. This change will become the ...

Audit Court: Amsterdam must address shared two-wheelers

The Amsterdam Audit Office has advised the city to expand its network of neighborhood hubs for shared scooters and bikes to effectively reduce car usage. Currently, the impact of these hubs on city tr...

Is there a future for shared bikes in Amsterdam? Neighborhood hubs struggle to reach even one ride per day

YouTube overtakes Netflix in average daily watch time worldwide

YouTube has surpassed Netflix in average daily viewing time worldwide, according to industry analysts. This shift is largely attributed to more users watching YouTube on television screens, creating a...

KLM employee fired after leaking 1,000 liters of kerosene: 'High fire risk'

A KLM employee has been fired and denied severance pay after causing a leak of 1,000 liters of kerosene last year. A court in Haarlem ruled that the incident created a significant fire hazard and seri...

Van Vessem bakery in Kleverpark fully restored to original 1907 style

Bakery van Vessem has restored its original shop in the Kleverpark neighborhood to its historic 1907 style. The renovation marks a return to the roots of the nearly 120-year-old family business where ...

Floris Galjaard (21) profits from VanMoof's collapse: 'I thought, there’s a business in that'

Twenty-one-year-old Floris Galjaard from Driehuis has turned a hobby into a successful business by refurbishing and reselling hundreds of VanMoof e-bikes. His company capitalizes on the manufacturer's...

Chemical company Dow cuts more than 600 jobs in the Netherlands

Chemical company Dow has announced it will cut 605 jobs within its Dutch operations. The move is part of a global restructuring effort that involves a total reduction of 4,500 positions worldwide.

Pure nostalgia: 5 historic shops in Haarlem

The city center of Haarlem is home to several historic shops that have been family-run for over a century. This article highlights five of these authentic businesses where visitors can experience loca...