Netherlands Financial News

17.07 / 05:47
UPS Provident BLOCK Reuters Fighting Shell Berlin aims to have "best equipped" NATO army division in Europe in 2025
Germany is confident it will have the best equipped army division amongst European NATO allies in 2025, Army Chief Alfons Mais told Reuters, as countries are scrambling to gear up their troops in the wake of Russia's invasion of Ukraine. At the moment, Berlin does not have a single combat-ready division, a military unit comprising more than 20,000 troops. It aims to have the first of three divisions operational by 2025, with the second to follow in 2027.
16.07 / 21:49
Platform ‘Knightfall’ bids goodbye to Netflix, to be removed soon: Here are all details
Netflix popular “Knightfall” is set to bid farewell to Netflix in the United States and several other countries in August 2023. The show, which originally aired on the History Channel, premiered in December 2017 and quickly garnered a dedicated fanbase due to its engaging storyline and high production quality. The series was unfortunately canceled after just two seasons. Set in the 14th century, Knightfall takes viewers into the treacherous world of the Knights Templar, a legendary order of warrior monks. The show brought the medieval era to life with its meticulous attention to detail, including elaborate sets, authentic costumes, and intense battle sequences. A talented ensemble cast, featuring Tom Cullen, Jim Carter, and Mark Hamill, contributed to the show's success.
16.07 / 20:11
UPS Provident Lowe's Fighting Enterprise Non-tax sops better for wooing investors: Revenue Secretary Sanjay Malhotra
NEW DELHI : The government is at an advanced stage of formulating a new piece of legislation to offer investors ready approvals for all requirements and replace the special economic zones (SEZ) Act and non-tax measures remain the preferred route for promoting new investments in the country, revenue secretary Sanjay Malhotra said in an interview. Finance minister Nirmala Sitharaman announced the Development of Enterprise and Service Hubs (DESH) Bill in February 2022. The proposed law will replace the existing one governing SEZs.
15.07 / 12:45
Cooper Chandrayaan-3 launch sets stage for space startup ecosystem: Jitendra Singh
New Delhi: Union minister Jitendra Singh on Saturday said that the successful launch of Chandrayaan-3 will boost space startups and space entrepreneurs. Addressing the G20 Young Entrepreneurs Alliance Summit, the minister said that the Indian Space Research Organization (ISRO) had made history in November last year by launching successfully India’s maiden private Vikram-suborbital (VKS) rocket.
14.07 / 18:49
business Binance Binance headcount reduction hits 1,000 employees: Report
Binance is celebrating its sixth anniversary, with over 1,000 people reportedly laid off in recent weeks, The Wall Street Journal reported.
13.07 / 15:09
UPS Waters Continental Top UN court rejects Nicaragua's case in a long-running maritime dispute with Colombia
The United Nations’ top court has rejected a case brought by Nicaragua in a decades-long dispute with Colombia over maritime borders and entitlements in the Caribbean
13.07 / 13:27
Blockchain NFT CEO Get Protocol Secures $4.5 Million Funding to Disrupt Ticketing Industry with NFTs
Non-fungible token (NFT) ticketing firm Get Protocol has secured $4.5 million in new funding to create an alternative to companies like Ticketmaster.
13.07 / 08:01
Fighting Assurant Threat Russia says F-16 jets in Ukraine will be seen as 'nuclear' threat
Russia will regard Western F-16 fighter jets sent to Ukraine as a «nuclear» threat because of their capacity to carry atomic weapons, Foreign Minister Sergei Lavrov said on Thursday. Modern warplanes have been at the forefront of Kyiv's demands for military aid from its Western allies as it fights back against Russia's offensive. Lavrov spoke of a US plan to transfer F-16s to Ukraine, although Washington has not given the go-ahead for any country to supply them. «Russia cannot ignore the ability of these aircraft to carry nuclear weapons. No amount of assurances will help here,» Lavrov was quoted as saying by the Russian foreign ministry. «In the course of combat operations, our servicemen are not going to sort out whether each particular aircraft of this type is equipped to deliver nuclear weapons or not.
13.07 / 07:29
CEO Enterprise U.K.'s Domino's Pizza Group names new CEO
(Reuters) -Domino’s Pizza Group (LON:DOM) said on Thursday Andrew Rennie, who has served as the Europe chief for a major franchise operator of the pizza chain, will join the UK firm in August as its chief executive.
12.07 / 11:55
COST Provident Manufacturing stake dutch Greenhouse builder Apex sells minority stake to Dutch player
Apex Greenhouses, the largest builder of commercial greenhouses in Australia and New Zealand, has agreed to sell a minority stake in the business to Dutch aggregator GreenV BV to strengthen its ability to compete against bigger players.
12.07 / 11:15
Platform Tencent Baidu regulatory Beijing's regulatory crackdown wipes $1.1 trln off Chinese Big Tech
China's major tech companies have lost over $1 trillion in value since the government began its regulatory crackdown on the sector more than two years ago. This staggering figure is equivalent to the entire economy of the Netherlands. However, there is now hope among investors that the strict rules that have hindered the industry's growth since late 2020 may begin to ease.
12.07 / 09:11
VISA Dreams Chase dutch What the collapse of the Dutch governement means for students heading to the Netherlands
The coalition tried for months to hash out a deal to reduce the flow of new migrants arriving in the country of nearly 18 million people. Proposals reportedly included creating two classes of asylum — a temporary one for people fleeing conflicts and a permanent one for people trying to escape persecution — and reducing the number of family members who are allowed to join asylum-seekers in the Netherlands. Though the main point of contention has been about asylum seekers, the country's stance on curbing immigration, including the proposed internationalisation reforms, has put a question mark on the thousands of students planning to study in the Netherlands.
12.07 / 08:33
Reuters Digital Strategy UBS AXA Patrick Swiss Insurer Swiss Re nominates new chairman after Sergio Ermotti resigns to lead UBS
leadership role at UBS. The reshuffling of positions is a result of the ongoing aftermath of the Swiss authorities' intervention to rescue Credit Suisse through a shotgun merger with UBS, leading to new management taking charge. Jacques de Vaucleroy, a Belgian executive who previously held management positions at French insurer AXA and Dutch bank ING, has been serving as the acting chairman since Ermotti stepped down in April.
11.07 / 22:19
CBDC Adoption G20 BIS reports BIS gives CBDCs a thumbs up, crypto the middle finger in reports to G20 ministers
In preparation for a meeting of the G20 finance ministers and central bank governors this month, the Bank for International Settlements Innovation Hub (BISIH) submitted two reports — on cryptocurrency and central bank digital currencies (CBDCs) — on July 11. The reports reached very different conclusions about the related technologies.
11.07 / 11:11
UPS Provident Cooper CEO Samunnati facilitates farm gate procurement to direct export of 275 MT of seedless grapes to Netherlands
Samunnati has facilitated farm gate procurement to direct export of 275 MT of Thomson seedless grapes to Netherlands for the grapes season 2023. To ensure a seamless value chain, Samunnati facilitated farm gate procurement, end-to-end primary processing, cold storage, packaging, and certification, all the way up to the export stage. Mr.
11.07 / 07:55
COST UPS Manufacturing Micron Diodes China escalates chip war with new curbs against US
China is escalating its chip war with the United States by imposing export controls on the overseas sales of gallium and germanium, elements essential to making semiconductors, CNN Business reported. China's trump card is seen as the counter-attack to potential US tightening of [its] AI chip ban. «We see this as China's second, and much bigger, countermeasure to the tech war, and likely a response to the potential US tightening of [its] AI chip ban,» said Jefferies analysts as cited by CNN Business.
09.07 / 18:53
UPS Target DPIIT identifies 106 firms across sectors from 30 countries under strategic investment targets
PTI. "An outreach was conducted through the ministry and meetings and video conferences are being set up with the leadership of these companies," the news agency quoted an official as saying, who added there is also a plan to engage with people of Indian origin (PIO) under the initiative.
09.07 / 16:19
Career Platform Moodys In a FIRST, transgender model Rikkie Valerie Kollé crowned Miss Universe Netherlands
Rikkie Valerie Kollé, a Dutch-Moluccan model lives in Breda. The 22 year old succeeded Ona Moody and will now prepare to represent the Netherlands at the 72nd Miss Universe (Miss Universe 2023) in El Salvador. Further, Nathalie Mogbelzada, 26, from Amsterdam, was named first runner-up while Habiba Mostafa and Lou Dirchs were awarded Miss Congeniality and Miss Social Media, respectively.A post shared by Miss Nederland Organisatie (@missnederland) Reigning Miss Universe R'Bonney Gabriel of the USA graced the historic event as a special guest.
08.07 / 19:41
COST Racing Remark Chase Lament West Indies’ decline, but don’t forget to cheer Netherlands’ rise
World Cup was understandable. For the older generation of cricket fans and followers, the West Indies represent a glorious past, a time when they travelled to all corners of the cricketing world and thrashed the opposition. They were the all-conquering heroes in the 1980s, beating the predominant England and Australia Test sides a whopping 28 times while losing just thrice.
08.07 / 14:03
UPS PM Mark Rutte quits over migration policy, Netherlands heads towards snap poll
Netherlands is heading towards a snap poll as Prime Minister Mark Rutte has resigned. He is expected to meet King Willem Alexander soon and advise him to dissolve the Parliament. The king may ask him to continue as the head of a caretaker government till a new government takes over. The longest-serving prime minister put up his papers after the talks on handling the immigrants with coalition partners failed. Emerging after the talks with other partners of the government, the prime minister announced that the differences over the handling of immigrants are ‘irreconcilable’. Talking to journalists after the meeting, the leader of the Peoples’ Party for Freedom and Democracy (VVD) announced that the coalition partners have very different views on migration policy. He also said that the parties came to the conclusion that those differences are ‘irreconcilable’. Rutte’s VVD and Christian Democratic Appeal (CDA) want to adopt a stricter migration policy, while center-left Democrat 66 and Christian Union are in favor of a liberal policy. Rutte was in favor of tightening the curbing on reuniting the family members of asylum seekers and wanted to put the cap on the war refugees to 200 per month. But, Democrat 66 and Christian Union were against these measures. Rutte has earlier warned that he would topple the government if he was not allowed to implement his policies. The center-left and Christian parties opposed him in the meeting and the talks collapsed. Following this, the prime minister resigned. The parliamentary elections in the Netherlands are scheduled for 2023, but now the king is most likely to dissolve the government and order for snap polls.
08.07 / 14:03
FIVE Racing F1 British Grand Prix: All eyes set on Max Verstappen, Lewis Hamilton
Max Verstappen and Lewis Hamilton as the British Grand Prix takes place on July 9, 2023. Verstappen is set to continue his winning spree that begins with Silverstone, but Hamilton and Mercedes have dominated the race for a bigger part of the century with seven times wins. Supporters of a strong environment group demonstrated and invaded the track which ended the possibility of winning the race for the Dutchman. Hamilton also beat Verstappen in 2021 and one year ago the Dutch driver lost as his tyre failed him. The Red Bull Racing driver has maintained his performance in Australia winning all five major races. But Ferrari, Mercedes, and Fernando Alonso can surprise any time. Weather is another force that can play the spoiler at Silverstone. The British GP is scheduled for Sunday and the first practice took place on Friday at 12.30 pm. The qualifying race will take place Saturday at 3 pm. Terrestrial TV Channel 4 and satellite TV Sky Sports will broadcast all races. All4 and Sky Go App will live stream the races. Silverstone Circuit is the home of British GP. It is situated at the site of Silverstone RAF bomber. Besides F1 races, it also hosts GP motorbike races, MotoE, BTCC, British Superbike Championship, and Silverstone Classic.

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