Netherlands Financial News

08.07 / 09:27
Citi cricket ICC World Cup 2023: PM Shehbaz Sharif forms high-level panel to decide participation of Pak cricket team
ESPNCricinfo, the panel includes interior minister Rana Sanaullah and Law and justice minister Azam Nazeer Tarar. The heads of intelligence agencies and representatives of all political parties have also found a place in the committee, making the scope for wide consultations. The report adds that the reason behind keeping such a large panel is likely to be a buffer against a change in government as the country will be soon headed towards the general elections.
08.07 / 06:01
UPS Provident Citizens Explainer dutch Explainer: Why did PM Mark Rutte-led Dutch government collapse?
AFP reported. The dispute arose from Rutte's proposal to tighten restrictions on the reunification of asylum seekers' families, aimed at reducing the number of migrants following a previous scandal involving overcrowded migration centers. "It is no secret that the coalition partners have very different views on migration policy.
07.07 / 12:55
Provident Aviat Airlines Amsterdam court gives green light to plan to reduce flights at busy Schiphol Airport
Appeals court judges in Amsterdam say the Dutch government can order Schiphol Airport, one of Europe’s busiest aviation hubs, to reduce the number of flights from 500,000 per year to 460,000
07.07 / 00:41
COST FIVE Booking Strategy Enterprise BASF Trump India growth a catalyst, local arms trump MNCs
MNCs) are outshining their listed global parents on keenly tracked financial metrics such as rates of top- and bottom-line expansion, profitability and enterprise value, firmly establishing India's world-beating growth credentials. Growth visibility has done enough to burnish the allure of these stocks with investors — both at home and overseas. It is no wonder, therefore, that the India-listed stocks of these MNCs trade at premium valuations relative to their parent entities beset with inevitable growth challenges that mature markets present.
06.07 / 23:01
business Binance Binance's top strategist departs company amid reported US exec resignations
Binance's chief strategy officer Patrick Hillmann has confirmed he is leaving the crypto exchange amid reports that other top executives in the United States have been departing as a result of a Department of Justice (DOJ) investigation.
06.07 / 20:57
business Binance Bitcoin Regulation exits Binance refers users to Coinmerce as exchange exits the Netherlands
Global cryptocurrency exchange Binance has reached an agreement with Coinmerce to refer its users as the firm winds down operations in the Netherlands.
06.07 / 20:43
Provident FIVE Extreme Ball Chase cricket Netherlands takes last qualifying spot for the Cricket World Cup and denies Scotland
Netherlands beat Scotland by four wickets to qualify for the Cricket World Cup on Thursday. Sri Lanka had already claimed the other World Cup berth at the qualifying tournament in Zimbabwe. Bas de Leede was Netherlands' match-winner with his all-round performance.
06.07 / 19:05
Facebook UPS Provident Booking PwC How Uber, Facebook used PwC schemes to beat tax crackdown
US tech giants Uber and Facebook set up new company structures to sidestep Australia’s multinational tax avoidance law using PwC advice, days before the legislation came into effect in January 2016.
06.07 / 18:35
UPS Manufacturing Platform Delivery volumes of Tata Steel up 18% during first quarter
New Delhi: Domestic deliveries were the driving force for Tata Steel Limited in the first quarter of Fiscal Year 2024 (Q1 FY24) with an 18 per cent increase in domestic volumes Y-o-Y over key segments, said the steel company in a forward looking statement today.Provisional delivery volumes for the Indian vertical of the company stood at 4.8 million tons, an 18 percent Y-o-Y rise. While the Exports moderated on a Y-o-Y basis to 0.25 million tons, as the company’s Europe and Thailand vertical saw decline in deliveries.
06.07 / 18:35
end End of tax benefits worries French FPIs
NEW DELHI : A meeting between Indian and French tax authorities on the sidelines of a recent G20 summit has set off alarm bells among foreign portfolio investors (FPIs) based in France, three people with direct knowledge of the matter said. The meeting, around potential tweaks to the double taxation avoidance agreement (DTAA) between India and France, has led to apprehension among foreign funds that India may soon renegotiate the treaty to eliminate the capital gains tax exemption. Currently, France and the Netherlands are the only major jurisdictions benefiting from a tax treaty with India that grants exemption from capital gains tax on share sales.
06.07 / 15:41
UPS Platform Tata Steel Q1 Update: Crude steel production up 2% YoY at 5.01 mt driven by ramp up of Neelachal Ispat Nigam
Tata Steel India crude steel production stood at 5.01 million tonne, with growth of 2% YoY, primarily driven by ramp up at Neelachal Ispat Nigam. However, production was lower quarter-on-quarter on planned maintenance shutdowns. Deliveries for the first quarter was at 4.8 million tonne, higher by 18% on YoY basis, supported by rise in domestic deliveries.
06.07 / 12:21
Rust Goblin Slayer Season 2, The Faraway Paladin: The Lord of Rust Mountain, and many more coming to Crunchyroll
Anime Expo 2023, a big lineup of anime on its side including Goblin Slayer Season 2, The Kingdom of Ruin, The Lord of Rust Mountain, and many more. Crunchyroll also released a new trailer for A- Pictures Solo Leaving and A Returner's Magic Should Be Special at the Anime Expo. A collaboration between My Hero Academia, TOHO animation, Crunchyroll, the NBA, NBALAB, and Hyperfly is also releasing a line of streetwear clothing.
05.07 / 16:51
UPS Software FDI inflows from traditional sources see a decline in FY23
₹48,895 crore, down from ₹69,945 crore registered in the previous fiscal. FDI from the US stood at ₹48,666 crore, down from ₹78,527 crore in FY22. FDI from the Netherlands declined to ₹ 19,855 crore from ₹34,442 croreand inflows from Caymen Islands declined to ₹6,069 crore from ₹28,383 crore.
05.07 / 16:51
Citi Target Digital Amazon Aware Amazon Global Selling to surpass $8 bn in cumulative exports from India in 2023
NEW DELHI : Exports by Indian sellers to Amazon marketplaces the world over are on track to surpass $8 billion in 2023, said a top executive at the company. The business update comes over a year after the global e-commerce marketplace had doubled targets to achieve $20 billion in cumulative e-commerce exports from India by 2025. The update is part of Amazon Global Selling, the retailer’s e-commerce exports program, that has grown to more than 1.25 lakh Indian exporters since its launch in 2015.
05.07 / 15:27
UPS Target Manufacturing Action Fighting Micron China's chipmaking export curbs 'just a start', Beijing adviser warns before Yellen visit
Janet Yellen. Shares in some Chinese metals companies rallied for a second session as investors bet that higher prices for gallium and germanium, which Beijing's export restrictions target, could boost revenues. Germanium is used in high-speed computer chips, plastics, and in military applications such as night-vision devices as well as satellite imagery sensors.
05.07 / 15:01
UPS Twitter Reuters Digital Citizens Platform Remark NOT dutch Twitter not suited for emergency communications, Dutch say after storm
Twitter is not the right place to seek information during an emergency, Dutch politicians and a prominent online group said on Wednesday, following an incident in which citizens were directed to the platform for updates during a large storm. «We find it problematic that the government depends on Twitter for sharing crucial information,» lawmaker Nico Drost's office said in emailed remarks to Reuters, citing accessibility, accountability and reliability issues.
05.07 / 05:55
MET Micron In its tech war with America, China brings out the big guns
America and China, the Western power has been more aggressive of late. Last year President Joe Biden’s administration laid out harsh restrictions limiting Chinese artificial-intelligence (AI) firms’ access to American technology. America has also been coaxing allies to follow its lead.
05.07 / 03:03
Target Reuters Progressive Manufacturing CEO Action Micron restrictions China's restrictions on chip-making materials are 'just the start', warns ex-vice minister
Reuters. If restrictions targeting China's high-technology sector continue then countermeasures will escalate, Wei said.  Meanwhile, according to Wall Street Journal, China set export restrictions on two minerals the US says are critical to the production of semiconductors, missile systems and solar cells, a show of force ahead of economic talks between two rivals that increasingly set trade rules to achieve technological dominance.
05.07 / 00:19
Fighting Was part of the American War of Independence fought in Tamil Nadu? Historians say…
President Biden offers new student debt relief plan after Supreme Court defeat Seattle-based historian Don Glickstein told the publication that fighting took place on land and at sea near the French-led garrison at Cuddalore. The naval battle of Cuddalore on June 20 was considered a French victory while their troops were forced back on land.
04.07 / 23:29
Manufacturing CEO reports Ukraine dubs Unilever an ‘international sponsor of war’ amid reports it paid Russia $331 million in taxes last year
Ukrainian leaders lashed out at Unilever this week as a new Russian law compelled it to contribute to ongoing war efforts. The Ukraine Solidarity Project led protests against the company on Monday, placing it on a 'sponsors of war' list alongside Procter & Gamble and the French supermarket group Leroy Merlin. The developments came after it was revealed that Unilever had paid Moscow $331 million in taxes last year.

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