Business News in English
Latest business headlines from Dutch news, translated into English.
Mega-merger in streaming world is a fact: Skydance acquires Warner Bros. Discovery
Paramount Skydance has completed a 110 billion dollar acquisition of Warner Bros. Discovery, merging two major Hollywood studios and their streaming services into a single entity named Skydance. The m...
Peter Gillis' holiday parks sold permanently for over 27 million euros
Three holiday parks belonging to Peter Gillis have been sold at auction for 27.3 million euros to cover a substantial debt owed to creditor Marc van Rooi. Despite this sale, Gillis still faces signifi...
New box 3 system sparks a barrage of reader questions: read all the answers here
The Dutch government is revising its proposed box 3 tax system following parliamentary pushback regarding the impact on small savers and investors. With no final regulations in place, ongoing debates ...
Aldi in Buitenveldert allowed to expand after all: ‘Sometimes you just have to make an exception’
The Aldi store in Bolestein has been granted permission to expand into a neighboring vacant building after the municipality reversed its previous refusal. This decision prevents the potential closure ...
Significant victory for FrieslandCampina: Chocomel yellow trademarked
FrieslandCampina has successfully obtained an exclusive trademark for the signature yellow color of its Chocomel packaging after a dispute with Spanish competitor Grupo Cacaolat. The Benelux Office fo...
Diemen refuses ATM due to fear of explosive attacks
The municipality of Diemen has cancelled plans for a new ATM at the Van Markenplantsoen due to security concerns regarding potential explosions. Despite an initial permit being granted, officials dete...
Jochem (46) doesn't know how much money he needs monthly: 'My accountant handles that'
Entrepreneur Jochem, 46, experiences persistent financial pressure despite having a steady flow of work. He believes that increasing his revenue is the primary solution to alleviating his ongoing mone...
Spaarne Gasthuis to build entirely new hospital in Haarlem
Spaarne Gasthuis plans to build a new hospital in Haarlem-Zuid by 2033 to consolidate clinical and emergency care services. Consequently, the Hoofddorp branch will be repurposed into a day hospital fo...
Cleaners to strike again at stations, Schiphol and universities
Cleaners at train stations, Schiphol, and universities in the Netherlands are staging a new round of strikes to protest a collective labor agreement they feel is inadequate. The FNV union is coordinat...
NOS Sport saved over a million euros with World Cup choices
NOS Sport saved over one million euros during the World Cup by selling sublicensing rights to Talpa and reducing travel costs by utilizing studio-based commentary. The organization is shifting its str...
Strange notification in ASOS clothing app, company appears to have been hacked
ASOS app users received unauthorized push notifications on Tuesday claiming that the company had been hacked. While the retail giant has yet to comment on the breach of its cloud environment, the repo...
Booking.com faces lawsuit over mandatory office days for staff
Booking.com has initiated legal action against its own works council after the body refused to approve a new policy requiring staff at its Amsterdam headquarters to work from the office three days a w...
Hollywood unions see more and more film and TV productions leaving the US
American film and television productions are increasingly shifting abroad, with domestic spending by major studios dropping significantly since 1999. Hollywood unions warn that this trend threatens do...
Live Q&A: ask all your questions about box 3 today
Financial experts and political reporters are hosting a live Q&A on Tuesday, October 6, to clarify changes to the Dutch box 3 wealth tax. The discussion focuses on the cabinet's transition toward taxi...
Additional supermarket to open near Johan Cruijff Arena
A new 1,200 square meter Jumbo supermarket is set to open in 2029 within the Eleven Square development near the Johan Cruijff Arena in Amsterdam. The project, which is currently under construction, wi...
No upfront costs, but help available: how smoking cessation reimbursement works
Starting in 2027, patients will no longer need to pay upfront for smoking cessation medication as pharmacists will bill insurance providers directly. Currently, cessation programs and prescribed aids ...
Elon Musk becomes a trillionaire again thanks to SpaceX and Tesla stock gains
Elon Musk has regained his trillionaire status with a net worth of 1.04 trillion dollars following stock gains in SpaceX and Tesla. The increase was fueled by positive company performance, including a...
Many households have unnecessarily heavy power connections, costing thousands of euros per year
Hundreds of thousands of Dutch households and businesses are paying for unnecessarily heavy electricity connections, costing them thousands of euros annually. The Authority for Consumers and Markets r...
Stock of 660,000 kilos of car tires from bankrupt company still awaiting a buyer
A stockpile of 660,000 kilograms of shredded tires from the bankrupt firm Neva Ocean's remains unsold in the port of Amsterdam. The curator is struggling to finalize a sale due to stringent new Europe...
Fourteen children and relationships with stars: the love life of Elon Musk
Elon Musk has fathered fourteen children through various relationships with several women, including Justine Wilson, Talulah Riley, Grimes, Shivon Zilis, and Ashley St. Clair. His personal life is cha...
Everything Walther Ploos van Amstel (1962-2026) said was backed by data and his experience as an Amsterdammer: 'An engaged citizen and a true expert'
Walther Ploos van Amstel, a renowned logistics expert and longtime Amsterdam resident, has passed away at the age of 63. He was widely respected for providing the municipal government with evidence-ba...
Artist Jeff Koons sells $100 million in art from private collection
Artist Jeff Koons is selling a private art collection valued at 100 million dollars through an upcoming auction at Christie's in New York. The collection includes high-profile works by Picasso, Manet,...
Uncertainty in oil market persists due to tensions around Strait of Hormuz
The blockade of the Strait of Hormuz continues to fuel global oil market instability as worldwide reserves drop significantly. While G7 countries are releasing strategic oil stocks to ease pressure, i...
More companies adopt flexible power grid usage as waitlist growth slows
The number of businesses waiting for an electricity connection in the Netherlands remains high at over 15,000, although the growth rate is slowing due to infrastructure upgrades and flexible energy us...
Positive news about the crowded power grid: it seems to be leveling off
Waiting lists for business electricity connections in the Netherlands have stopped growing, with some regions even seeing a slight decline due to increased grid flexibility and new deposit requirement...
Transavia to cut costs significantly due to insufficient profit
Transavia plans to implement significant cost-cutting measures to increase its profit margins from one percent to at least eight percent. While the specific details of these savings remain unknown, th...
Germany calls Damen's claim for damages after order cancellation unfounded
Germany has dismissed a 4.7 billion euro damage claim from the Dutch shipbuilder Damen Naval following the cancellation of a contract for six naval vessels. While German officials argue the project wa...
Euro hits seventeen-month low due to political unrest in Europe
The euro has hit a seventeen-month low against the dollar due to mounting political and economic instability in France and Spain. Experts warn that this European market volatility and rising debt conc...
British school buses in trouble due to high diesel prices
Rising diesel costs are threatening the operations of British school bus companies, which are struggling to maintain services under fixed-fee contracts. Similar financial pressures are impacting trans...
Amsterdam environmental organization De Gezonde Stad to shut down: Too difficult to secure funding
Environmental organization De Gezonde Stad is shutting down due to unsustainable financial challenges. The group is well-known for projects like the Verjaardagsbos created for Amsterdam's 750th annive...