Netherlands Financial News

European venture capital giant Lakestar, an early supporter of fintech unicorn Revolut, has emerged as a prominent backer of French fintech startup Swan.

Viva Energy shares have collapsed nearly 10 per cent this week, after Dutch oil trading giant Vitol sold a 16 per cent stake in the Australian company which supplies a quarter of the nation’s fuel.

Oil trading giant Vitol launched a $714 million block trade in Viva Energy – worth 16.1 per cent of the company – after market close on Tuesday evening, as revealed by Street Talk.

The United States exported more liquefied natural gas (LNG) than any other country in the first half of 2023 (1H23), according to data from CEDIGAZ, amid strong global demand particularly from Europe.

van Gogh painting snatched from a Dutch museum during the Covid-19 lockdown, AFP looks back at some other heists involving works by the Dutch master: On August 21, 2010, Van Gogh's "Poppy Flowers", worth $55 million at the time, was cut out of its frame in broad daylight at the Mohamed Mahmoud Khalil Museum outside Cairo. An investigation revealed that the museum's alarm system did not work and that 30 out of 47 surveillance cameras were out of order. It was the second time the small painting from 1887, which is still missing, had been stolen — the first was in 1997, when it was taken from the same museum and was found only 10 years later, in Kuwait. Van Gogh's «Blossoming Chestnut Branches» (1890), among four Impressionist masterpieces valued at more than 112 million euros, was stolen from a Zurich museum on February 10, 2008, in one of Europe's biggest-ever art heists.

Mark Rutte made an unexpected visit to the bustling streets of Bengaluru, India, where he embraced the local culture and engaged with its citizens. As per a TOI report, he was spotted strolling on Monday along the Church Street. Rutte's purpose for being in Bengaluru was crystal clear. He stated, «I came here for a big trade mission because this is the place to do business.

Karnataka government to enhance the semiconductor industry in Bengaluru, Prime Minister Mark Rutte said Monday. He was all praises for chief minister Siddaramaiah and deputy CM DK Shivakumar. “The Karnataka government isn’t just restating policies but is looking to make them more practical, implementation-wise,” he said.

Commodity trading juggernaut Vitol may be poised to jettison a chunk of its 40.85 per cent stake in ASX-listed fuel retailer and refiner Viva Energy.

Geert Wilders. The court ruled that the statement by 37-year-old Khalid Latif — who lives in Pakistan and has not attended any stage of the trial or been detained in the Netherlands — should be regarded as incitement to murder, sedition and threat. Prosecutors said Latif posted a video in 2018, offering a reward for the murder of Wilders. That video came after Wilders said he planned to hold a contest for cartoons depicting caricatures of the Muslim Prophet Mohammad.

G20 Leaders' Summit hosted in the national capital, according to a report published by the news agency ANI. The Heads of State of countries including UAE, Bangladesh, Egypt, China, Australia, UK, Argentina, Indonesia, France, Germany, Netherlands, Turkey, Japan, Italy, Spain, South Africa, Republic of Korea, Canada and Singapore will depart from Delhi on Monday. The Central government has assigned responsibilities to Union Ministers of State to see off the foreign delegates after the summit.

Several thousand climate activists blocked a Dutch highway on Saturday in anger at billions of euros in government subsidies for industries that use oil, coal and gas

IIT Bombay recently concluded its annual placement drive, achieving a milestone with its highest-ever international offer of Rs 3.7 crore per year, while the top domestic salary reached Rs 1.7 crore per year. Compared to the previous year's highest international annual salary of Rs 2.1 crore, this marks a significant increase. However, it's worth noting that the domestic salary in the previous year was slightly higher at Rs 1.8 crore per year. According to a TOI report, the engineering and technology sector witnessed the highest recruitment numbers, with average compensation just slightly above last year's figures.

Carrefour is set to attach labels to products sold in its stores warning shoppers of what it deems to be “shrinkflation", the latest volley against the major food producers accused of trying to profit from inflation. From Monday next week, all products that Carrefour claims to be practicing shrinkflation—when a product has become smaller but the price charged by the supplier has risen without changes to the recipe or packaging—will be labeled as such, the French supermarket chain said Friday. The bright orange label, measuring about five square inches, also informs consumers that Carrefour is committed to re-negotiating the price of the product in question.

A fintech owner in London is under scrutiny for allegedly assisting notorious drug traffickers in laundering hundreds of millions of euros through a crypto exchange platform. 

Covid-19 pandemic, DPI enabled emergency support to be directly delivered to the digital wallets of those in need as well as helped facilitate swift vaccine distribution. The India Stack exemplifies this approach, combining digital ID, interoperable payments, a digital credentials ledger, and account aggregation," the report said quoting United Nations Secretary-General’s Special Advocate for Inclusive Finance for Development (UNSGSA) and Honorary Patron of the GPFI Her Majesty Queen Máxima of the Netherlands.

A court ruling that cleared Ripple's XRP token of being considered a security offering might signal a turn in the tide against regulatory scrutiny of the cryptocurrency ecosystem in the United States and current lawsuits involving the likes of Coinbase and Binance.US and pending ETF applications.

Tyler Childers, the singer-songwriter, is set to embark on his Mule Pull '24 tour in 2024 to support his upcoming album, Rustin’ In The Rain, releasing on September 8. The tour begins in Europe and then moves to North America. Fans in England, Scotland, Ireland, Germany, Denmark, Netherlands, Sweden, and Norway can attend his concerts. The North American concert ticket presale is ongoing, with registration closing on September 10 at 11:59 pm ET. Registering on Tyler Childers' official website grants access to the Verified Fan presale on September 13. The Europe and UK show presale will also be on September 13, with tickets available at tylerchildersmusic.com.

NEW YORK (Reuters) — Okapi Partners, which counsels on proxy fights and mergers and acquisitions, is joining forces with UK-headquartered shareholder intelligence firm Investor Update Ltd to expand abroad, tapping a surge in shareholder activism campaigns in Europe.

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By Huw Jones

Roman Storm, co-founder of the sanctioned Ethereum-based crypto mixer Tornado Cash, has pleaded not guilty to charges related to money laundering and sanctions violations.