Economy News in English
Latest economy headlines from Dutch news, translated into English.
Netherlands beckons India: PM Modi eyes ASML, water expertise and new trade deals
Indian Prime Minister Narendra Modi is visiting the Netherlands this weekend to pursue new trade deals in sectors including defense, water management, and technology. During his visit, he met with Kin...
Long queues for new watch, stores closed for rest of day
Police and security cleared hundreds of people from the Mall of the Netherlands in Leidschendam on Saturday morning. The crowd had gathered for the release of a new Swatch watch, leading to the store'...
Millions paid for lunch with investor Buffett and basketball star Curry
An anonymous bidder paid 9 million dollars at a charity auction for a lunch with legendary investor Warren Buffett and NBA star Stephen Curry. The proceeds from the significant donation will be used t...
FNV warns government: don't abolish the weekend through extended opening hours
The FNV trade union has urged the Dutch cabinet to maintain existing shopping hour regulations to protect weekends, evenings, and holidays for workers. FNV official Linda Vermeulen warned that expandi...
Marlboro under fire over ads encouraging youth smoking
Marlboro is facing backlash for advertising campaigns in regions including Asia, Morocco, and Germany that critics say encourage young people to smoke. These advertisements reportedly contradict the c...
Heemskerk focuses on senior housing in center: 'We desperately need those housing movements'
The municipality of Heemskerk plans to convert a former bank building on Burgemeester Nielenplein into 19 senior apartments to address high local housing demand. The project will include twelve social...
Screen Time | Does a black-and-white phone screen reduce your craving for TikTok?
Tech reporter Rutger Otto explores whether setting a phone screen to black-and-white can reduce the temptation to use apps like TikTok. Using an analogy involving Japanese potato chip packaging, the c...
Is €7.50 for a slice of apple pie acceptable in Amsterdam? ‘Outrageous, I say as a guest, but as a business owner I understand it’
Buckle up: Cabinet working on ‘nitrogen map’ 2.0, though no one says it out loud
The Dutch cabinet is reportedly developing a new version of the controversial "nitrogen map," which identifies areas where farmers must comply with stricter environmental regulations. Officials in The...
Experts on state aid for Tata: 'Amsterdam won't get a green port without those 2 billion'
Kees Flodder is not just about nostalgia: ‘It’s now also about AI and childcare costs’
Sharp losses on New York stock exchanges, oil prices significantly higher
Stock markets in New York closed with significant losses on Friday, reversing gains from the previous day. Technology and chip stocks were among the biggest decliners, while oil prices saw a substanti...
Long queue at Swatch store in P.C. Hooftstraat for exclusive watch: ‘I’m going to resell it immediately’
Reuters: SpaceX to join Nasdaq on June 12
Elon Musk's commercial space company, SpaceX, is expected to go public on the Nasdaq exchange on June 12. Sources familiar with the matter reported the news to Reuters, marking a significant developme...
China makes 'fresh start' with US dependent on handling of Taiwan
During a state visit to China, U.S. President Donald Trump announced that the two countries reached significant deals and resolved numerous issues. However, Beijing emphasized that a successful future...
Environmental agency threatens to revoke permits for both coke gas plants
The North Sea Canal Area environmental agency has formally notified Tata Steel that it is preparing to revoke the operating permits for both of its coke gas plants. This notification was sent via lett...
How well would you do on the VMBO economics exam? Take the quiz
Readers can test their economic knowledge through a five-question quiz based on the Dutch VMBO economics exam. The challenge provides a brief impression of how one would perform on the official nation...
Queuing for days for a trendy watch, but mostly for resale: Can make a lot of money
A large crowd has gathered in Amsterdam's P.C. Hooftstraat to queue overnight for the release of an exclusive 400-euro watch, which many hope to resell for significant profit. Resellers and collectors...
Tata Steel: steel market conditions very challenging due to war
Tata Steel reports that global market conditions for the steel industry have become highly challenging due to the conflict in the Middle East and rising energy prices. The Indian group, which owns the...
Belgian coalition clashes over NATO target
The Belgian government coalition is currently divided over the timeline for meeting NATO's defense spending targets, as some parties seek to delay increases to avoid budget cuts in other sectors. Defe...
Significantly fewer passengers at Frankfurt Airport due to Lufthansa strikes
Frankfurt Airport experienced a significant decline in passenger numbers in April compared to the previous year due to multi-day strikes by Lufthansa pilots and cabin crew. The industrial action led t...
Kennemer Golf Club slams 'incorrect' distribution of lottery funds, but KLM Open will proceed next year
The Kennemer Golf & Country Club has criticized a lottery-based sports subsidy distribution that is expected to provide less funding than budgeted. Despite these financial concerns, club manager Harro...
City pass in Haarlemmermeer can simplify and improve low-income policy. External agency: 'Lowers barriers for sports, culture and social activities'
A report by consultancy Medialect suggests that introducing a city pass for low-income residents in Haarlemmermeer would effectively simplify the municipality's social welfare policies. The study indi...
Dozens of Gall & Gall stores closed due to strike, union calls it a ‘paltry offer’
Schiphol security guards sound alarm: workload sky-high and safety under pressure
Security guards at Schiphol Airport, represented by the FNV union, are sounding the alarm over excessive workloads and a failing safety culture. Employees report that the high pressure is affecting th...
Ben (of Ben & Jerry’s) wants to ‘free’ his ice cream brand: ‘They no longer dare to speak out against Trump’
Ben Cohen, the founder of Ben & Jerry’s, has expressed a desire to buy back the ice cream brand, claiming that its social activism has been stifled under corporate ownership. While Cohen argues the ...
World Cup in US seems to deter rather than attract tourists
A poll of the US hotel industry reveals that most hotels in World Cup host cities have fewer bookings compared to a typical summer without the tournament. High ticket prices and global conflicts are c...
Two employees, 46.2 million in assets – mega fine for secretive taxi app exposes link between Russia and Amsterdam’s Zuidas
Transavia cuts costs due to high fuel prices, does not rule out job losses
Transavia is implementing millions in additional cost savings due to the rising price of aviation fuel. The airline has confirmed it cannot rule out potential job losses as a result of these financial...
Empty bottles? Why returning your cans is now even better for your wallet
Returning empty PET bottles and cans in the Netherlands now provides an opportunity to win a cash prize of up to 400 euros. This incentive aims to encourage consumers to utilize the national deposit s...