A malfunction with ING Bank's online system left customers in a lurch, unable to use internet banking services as well as transaction processor iDeal. First reports of the problem surfaced around 10:00 am as customers took to social media to complain of payment failures.
New budget supermarkets are set to hit the Netherlands in the coming months. Prompted by the increasing success of German chains Lidl and Aldi, three new stores will aim to compete in the budget food and discount goods market.
This Thursday, there will be a European discussion in Brussels about possible measures for companies that are going to be affected by the Russian food boycott. For Dutch export, VNO-NCW-director Hans de Boer warns that the damage could be €1.5 to €2 billion, the NOS reports.
“I have been doing this for 55 years and I never experienced it this bad before,” a retailer said this morning after purchasing spinach for €0.30, bottom price at the vegetable auction in Zaltbommel.
Russia’s decision to ban produce from western countries -in response to the EU boycott– is poised to hurt Dutch farmers, prompting calls for Government support to the agricultural sector.
Multinational financial services group ING on Wednesday announced a net profit in the second quarter of 1.07 billion. The profit represents a increase of 19 percent and topples all estimates, the company said.
The NRC Media group may be sold to De Telegraaf Media Groep (TMG). According to the Financieele Dagblad, TMG wants to take over the media company, and is currently discussing a price.
Breda football club NAC has a new sponsor in Europe's biggest online sex shop, Pabo. The business has signed a year contract with NAC, and will be campaigning extensively, starting with advertisements along the field, Omroep Brabant reports.
Restaurants in The Netherlands employing disabled people are growing fast in number. One such restaurants is Downey's in Amersfoort. This restaurant employs people with Down's syndrome, and is a hit in the city.
Harbor bosses in Rotterdam's port are worried about the effect that the trade war against Russia will have on Dutch business. The Russian Shtandart oil terminal deal in the Rotterdam harbor is at the brink of collapse, which the harbor managers say is bad news for the city.
The economy is recovering by degrees, as is the labour market according to employment agency Randstad. In The Netherlands, market growth took on in June. In the United States, Poland, italy, Switzerland and China, economic growth is the strongest.
Dutch shop chain Hema no longer wants to pay employees for taking short breaks. According to a request of assent that the Hema has sent to the workers councils of bakeries, distribution centers and shop chains, breaks are to go the way of lunch hours, which Hema is already not paying for.
In the next five years, another 15,000 jobs will disappear in the finance sector according to a report from benefits agency UWV. Despite the growing economy, the job market in the financial sector is not healthy.
PostNL is going to trial delivering packages on Sunday. This service has been developed together with Coolblue, an online shop that is the first to offer Sunday deliveries. The two companies announced today that online shoppers in The Netherlands and Flanders can get packages delivered between 12 and 6 p.m. on Sunday.
Taxi service Uber wants to open up the market for private drivers to be able to make a bit of extra cash by offering their chauffeur services in Uber's taxi app. Clients would pay half the price for their trip with the app's new scheme. The service is called UberPOP and will start in Amsterdam today.
In response to the question whether companies such as Malaysia Airlines, KLM, Air France and Lufthansa took unnecessary risks by flying in dangerous airspace, the Royal Dutch Airlines has responded that they could not have come to another decision. De Telegraaf reports.
Mexican telecom company América Móvil has reduced its share in KPN from 24.83 percent to 22.6 percent, keeping two seats on the board of commissioners of KPM.
The Rabobank says that fitness centers in The Netherlands are looking at losses now that the consumer is more hesitant to spend money on luxury items. After years of explosive growth, half of the roughly 1,650 fitness centers in The Netherlands are in trouble, de Volkskrant reports.
Despite unwelcoming market circumstances and heavy competition, Air France KLM has managed a light increase in turnover for the second quarter to €6.45 billion. Losses are also limited to €6 million.
Dutch potato processing company Farm Frites from Oudenhoorn in Zuid-Holland is unable to receive a loan from the bank to built a factory in Russia that will produce fries. The conglomerate has postponed the construction of that factory. The EU has imposed a boycott due to the plane crash tragedy in Ukraine, the Algemeen Dagblad reports.
Roughly 190,000 passengers will travel through Amsterdam’s Schiphol Airport on Friday, making it the busiest travel day of the year. The total number of people arriving and departing from Schiphol is up by 10,000 over last year’s busiest day.
Malaysia Airlines may become bankrupt after their second crash scandal within just four months rocks the airline to its foundations. The companies only remaining options seem to be delisting, according to sources from Bloomberg.
KPN's new CFO position has been given to Jan Kees de Jager. De Jager was Minister of Finance in the Cabinet Rutte I between 2010 and 2012. From August, he will be financial director of the Dutch telecom service.