Business News in English
Latest business headlines from Dutch news, translated into English.
AEX index opens higher on hopes for end to war, oil price falls
The AEX-index in Amsterdam opened with gains on Wednesday, driven by optimism regarding potential peace negotiations between the United States and Iran. While U.S. President Donald Trump claimed that ...
Potato prices drop below 0 euros, massive surpluses in Europe
The European potato market is experiencing a significant surplus, leading to prices dropping below zero euros and forcing some growers to pay for the disposal of their crops. In the Netherlands, the s...
Small businesses especially hesitant to hire them, but self-employed construction workers are mostly genuine entrepreneurs
Research by the Economic Institute for Construction (EIB) indicates that most self-employed workers in the sector are genuine entrepreneurs, despite small companies' fears of regulatory issues. Nevert...
Fire department cannot determine cause of Westpoort fire: damage is too extensive
The fire department is unable to determine the cause of a devastating fire in Amsterdam's Westpoort district because the resulting damage is too extensive for a proper investigation. The blaze likely ...
Oil trader on soaring fuel prices: ‘People are starting to hoard like they did with toilet paper’
Oil trader Jan de Croon explains that fuel prices spike immediately during geopolitical unrest, unlike more stable commodities like coffee or sugar. He compares the current trend of drivers rushing to...
Asian markets rise, oil prices fall on hopes for end to war
Asian stock markets rose on Wednesday as investors hoped for a de-escalation of the conflict in the Middle East. This optimism led to a decrease in oil prices, which had previously spiked due to regio...
Dutch gas reserves drop to 5.8 percent, lowest level in 10 years
Dutch gas storage levels have dropped to 5.8 percent, marking the lowest level recorded in a decade. This data, reported by Gasunie's National Energy Dashboard, reflects a significant decline in the c...
Opposition party Ons Beverwijk questions rental agreement between municipality and council candidate Klomp. ‘Conflict of interest?’
The opposition party Ons Beverwijk has raised concerns about a potential conflict of interest regarding a municipal lease for a Ukrainian refugee shelter. The city is paying 9,500 euros per month to e...
Uncertain energy market makes households hesitant about energy contracts
Fluctuating energy prices caused by the conflict in the Middle East are leading households to reconsider their energy contracts. Experts suggest there is no need for immediate action, as consumers wil...
Oil prices fall after news of possible US-Iran peace talks
Oil prices on international markets declined on Wednesday morning following reports of potential peace talks between the United States and Iran. The drop reflects market reactions to signs of easing g...
Will the unattractive Appeltjesmarkt near Marnixstraat become a ‘hub’ for transshipping goods from the water?
Dutch economy can 'take a hit' according to ABN AMRO
ABN AMRO economists report that the Dutch economy remains resilient despite slower growth and higher inflation caused by the conflict involving Iran. The bank's latest assessment suggests that while t...
Homeowner, have you learned nothing from the last energy crisis? ‘Make your home sustainable now’
An expert urges homeowners to prioritize making their houses sustainable to better withstand the ongoing energy crisis. They emphasize that 90% of owners can achieve this with neutral financing or imm...
OpenAI discontinues Sora, the AI video generation app
OpenAI has announced plans to discontinue Sora, its artificial intelligence application used for generating short videos. The company intends to reallocate the significant computing power required for...
Greenpeace projects ‘Tax oil companies’ war profits’ onto Eye Filmmuseum
How Takehiro Tomiyasu is having an immediate impact at Ajax and why he is more likely to leave than stay
Japanese left-back Takehiro Tomiyasu has made a significant impact since joining Ajax's starting lineup, but his future at the club is uncertain due to his expiring contract. Although he has performed...
Publishing house ‘In de Knipscheer’ to close after fifty years of pioneering: ‘We were always focused on unheard voices’
The Haarlem-based publishing house In de Knipscheer is closing this week after fifty years of operation. Known for promoting diverse and unheard voices, the publisher is ceasing activities following a...
Shell CEO: brace for gas and oil supply disruptions to Europe
Shell CEO Wael Sawan has warned that Europe may soon experience fuel supply disruptions similar to those currently affecting Asian markets. The instability is driven by the conflict in the Middle East...
Four ATM bombings in two weeks: ‘Criminals have found a gap in security’
Fortnite maker Epic lays off 1,000 employees: 'Sorry this is necessary again'
Epic Games is laying off 1,000 employees in an effort to reduce costs. The American developer cited declining revenue from its flagship game, Fortnite, as a primary reason for the restructuring.
Bad Bunny seeks reimbursement for legal costs in plagiarism case
Puerto Rican singer Bad Bunny is seeking approximately €428,000 in reimbursement for legal fees following the dismissal of a plagiarism lawsuit against him. His attorneys filed a request with the co...
All toys gone from Intertoys Breestraat: store closes its doors
The Intertoys toy store on Breestraat in Beverwijk has permanently closed, with all merchandise removed from the premises on Tuesday. Customers are now being redirected to the chain's other location a...
Court: Zandvoort not allowed to set new noise rules for race track
The court in Haarlem ruled that the municipality of Zandvoort was not authorized to establish new noise regulations for its race circuit in May 2024. Following a lawsuit by local residents and interes...
Elan Wonen declines to join large-scale Belgiëlaan development: 'Our hands are full with other projects'
Housing corporation Elan Wonen has declined to join a large-scale new construction project on Belgiëlaan in Haarlem's Europawijk neighborhood, citing a full schedule of other commitments. The proposa...
Volkswagen recalls nearly 100,000 electric cars due to battery problem
Volkswagen is recalling nearly 100,000 electric vehicles globally due to potential issues with battery modules, as announced by the German transport authority KBA. In the Netherlands, approximately 4,...
Over 1,700 sign up for claim against Chemours
More than 1,700 people have joined a mass legal claim against the chemical company Chemours in Dordrecht. The PFAS Vrij Green Claim foundation is seeking an immediate halt to PFAS emissions and financ...
Construction of large commercial building in Waarderpolder may soon resume
Contractor Van der Worp has lost a summary judgment lawsuit against project developer Haarlem Business Center regarding a construction project in the Waarderpolder. This legal decision is expected to ...
'It sounded like a rocket impact': Badhoevedorp neighborhood jolted awake by ATM bombing
A powerful ATM explosion on Tuesday morning in Badhoevedorp woke residents and caused significant vibrations throughout the neighborhood. Two suspects were subsequently arrested in Amsterdam shortly a...
Saints & Stars takes state to court; Labor Inspectorate seeks to impose €324,000 in fines
