Netherlands Financial News

MUMBAI : The US may have green-lighted exchange-traded funds (ETFs) in bitcoin, but for India’s apex banking regulator, cryptocurrencies remain a strict no-no. “The way we look at crypto remains unchanged, irrespective of who does what," Reserve Bank of India (RBI) governor Shaktikanta Das stated at the 16th Mint Annual BFSI Summit and Awards in Mumbai on Thursday. “Just because somebody is doing something, we are not here to emulate them." The US Securities and Exchange Commission (SEC) on Wednesday approved the first US-listed ETFs to track bitcoin, marking a milestone for the world’s largest cryptocurrency and the broader crypto industry.

Recent days in northern Europe have been marked by an onslaught of winter with negative temperatures, leading to a rise in natural gas consumption.

BEIJING — China's Ministry of Commerce said Thursday the U.S. is weaponizing export controls and using them as a tool.

most powerful passport list for 2024, with citizens allowed to travel to 62 countries without a visa. The country shares its rank with Uzbekistan, while the neighboring nation Pakistan is positioned at 101 spot. Singapore and Japan have boasted the world’s most powerful travel documents for the last five years, granting their citizens access to more countries without a prior visa than anyone else.

Passport Index, offering their citizens visa-free access to a record-breaking number of destinations. According to data from the International Air Transport Association (IATA), France, Germany, Italy, Spain, Japan, and Singapore now boast the most powerful passports globally, enabling their citizens to visit an impressive 194 destinations out of 227 worldwide without the need for a visa. Are you immigration ready? Find out Four EU member states—France, Germany, Italy, and Spain—have now joined them at the top. Dr. Christian H. Kaelin, Chairman of Henley & Partners and the originator of the passport index concept, highlighted the widening global mobility gap. «The average number of destinations travelers can access visa-free has almost doubled from 58 in 2006 to 111 in 2024. However, the top-ranked countries now have a staggering 166 more visa-free destinations than Afghanistan, which ranks at the bottom with access to just 28 countries without a visa,» he said. South Korea takes the second spot alongside Finland and Sweden, enjoying visa-free access to 193 destinations. In the third spot, four EU nations—Austria, Denmark, Ireland, and the Netherlands—share access to 192 destinations.

Rotterdam, The Netherlands & Mumbai, Maharashtra, India – Business Wire IndiaIMCD N.V. ("IMCD" or "Company"), a global leading distribution partner, and formulator of speciality chemicals and ingredients, today announces the acquisition of 70% of Valuetree Ingredients Private Limited (“Valuetree") to expand its beauty and personal care footprint in India. Founded in 2005, Valuetree is a prominent ingredient supplier to the beauty and personal care market.

Taylor Swift fans by releasing fake advertisements employing AI-generated videos of the Grammy winner peddling Le Creuset ovens in an attempt to steal money and data from fans. The ad shows the singer-songwriter standing next to the Le Creuset Dutch oven, which, runs between $180 to $750, depending on the size and style. The fake Taylor Swift tells fans that she is 'thrilled' to be giving away free sets of expensive cookware, but only if they click on a link and answer a few questions.

Catch the LIVE Updates on PM Modi's Gujarat visit herePM Modi in Gujarat LIVE: Prime Minister Narendra Modi and United Arab Emirates President Mohamed bin Zayed Al Nahyan held a bilateral meeting here on Tuesday and hailed the rapidly transforming India-UAE partnership, officials said. Four MoUs were signed between India and the UAE in the presence of the two leaders, including one between the Gujarat government and DP World, a multinational logistics company based in Dubai, they said.

Mint explains the significance: What is a P&I entity or club? A P&I entity or a P&I club is a mutual insurance association that provides risk-pooling information and representation for its members. Unlike a marine insurance company, which reports to its shareholders, a P&I club reports only to its members that include ship owners, operators, charterers, freight folders and warehouses. These act as both insurer providers and insurance receivers for its members and provide coverage for a carrier’s third-party open-ended risks such as damage to cargo, war, and environmental damage such as oil spills.

ALSO READ: Vibrant Gujarat Global Summit 2024 to be inaugurated by PM Modi: 10 key highlights UAE President Sheikh Mohamed bin Zayed Al Nahyan is among the special guests who will attend the Summit. He is in Ahmedabad and will attend the Summit. Among the global leaders to attend the Summit include Australian High Commissioner Philip Green, Malta High Commissioner Reuben Gauci, Ambassador of Netherlands to India Marisa Gerards, President of Timor-Leste José Ramos-Horta, Ambassador of Japan to India Hiroshi Suzuki, Thai envoy to India Pattarat Hongtong, and others.

Stocks and bonds retreated before key inflation readings from the U.S. and China later this week and the earnings season kicks off on Friday. 

Few people thought much about “plugs” that seal unused exits on planes until one of them failed and blew a hole in an Alaska Airlines jet

Sri Lanka's navy said Monday it was joining a US-led maritime taskforce to protect international shipping against attacks by Yemen's Huthi rebels. «We will be joining 'Operation Prosperity Guardian' led by the US Navy,» naval spokesman Gayan Wickramasuriya said, with the deployment of a patrol vessel crewed by more than 100 people. Huthi fighters have launched more than 100 drone and missile attacks on targets in Israel and the Red Sea, disrupting traffic in the key shipping route that carries up to 12 percent of global trade. The Iran-backed Huthis say they are targeting Israel and Israeli-linked vessels to push for a stop to the offensive in the Gaza Strip, where Israel has been battling Hamas militants since October 7. Sri Lankan President Ranil Wickremesinghe has said that Huthi attacks had raised freight costs and were impacting exports of garments and tea. The South Asian island nation is emerging from its worst economic crisis in 2022, when months of street protests led to the ouster of then-president Gotabaya Rajapaksa. The country defaulted on its $46 billion external debt and is now being supported by a $2.9 billion four-year bailout loan from the International Monetary Fund. Wickramasuriya said the move would add no additional cost as the vessel was already patrolling Sri Lanka's vast maritime boundary. The US-led maritime force announced late last month includes Britain, Canada, France, Italy, the Netherlands, Norway and other nations. Last month neighbouring India deployed several warships in the Arabian Sea and Gulf of Aden after a string of shipping attacks, including a drone strike near India's coast that the United States blamed on Iran.

Ant Group is closing in on a deal to buy Dutch payments firm MultiSafepay as part of the Chinese financial technology group's latest push into Western payment markets, people familiar with the matter told Reuters. The transaction, which is subject to regulatory approval, is expected to value MultiSafepay at around $200 million, one of the people said. It generates $50 million in revenue, the person added, speaking on condition of anonymity.

The International Cricket Council's recent release unveiled a schedule comprising 55 matches to be played at various stadiums across the U.S., including Texas, New York, and Florida, from June 1-29.

Men's T20 World Cup, which is set to commence from June 1. While the opening match will be played between hosts USA and Canada, the ball will roll for the marquee clash between India and Pakistan on June 9 in Nassau County International Cricket Stadium in Long Island. Joint hosts West Indies will play Papua New Guinea in Guyana on the second day of group play. The tournament is divided into four groups of five teams each, with the top two teams from each group moving on to the Super Eight stage of the competition, which takes place before the knockout semifinals and final match. The group stage matches are scheduled between June 1 to June 18 and the Super 8 matches will be played from June 19 to June 24. The two semi finals will be played on June 26 and 27, while the final will be played in Barbados on June 29.

United Cup opening the season. Sydney and Perth are co-hosting the second edition of the tournament, which sees nations face off in a mixed-gender format. Everyone's eyes will be on Iga Swiatek and Novak Djokovic who are in representing their respective countries. So far, Spain vs Brazil, Canada vs Chile, Poland vs Brazil, Poland vs Spain, Greece vs Chile, Greece vs Canda, Great Britain vs Australia, USA vs Great Britain, USA vs Australia, Italy vs Germany, France vs Germany, France vs Italy, Czech Republic vs China, China vs Serbia, Czech Republic vs Serbia, Netherlands vs Norway, Croatia vs Norway, Croatia vs Netherlands, Poland vs China has taken place.

The U.S. Coast Guard said a large cargo ship with an active fire in its hold is being kept 2 miles offshore of an Alaska port as a precaution while efforts are undertaken to extinguish the flames

The lithium-ion battery fire burned for days on a ship off the coast of Alaska.

Wall Street started 2024 with a slump, giving back some of its powerful gains from the year before

Investing.com — U.S. futures traded lower Tuesday, with investors consolidating after a stellar year ahead of the release of key manufacturing activity data.