Amsterdam :: Netherlands
| 2 months ago
| Business News
Aegon issued a warning last month that it would be in the red this quarter, forecasting a loss of around €350m. The government made a capital injection of €3m in the firm from its fund for financial institutions which need...
Amsterdam :: Netherlands
| 2 months ago
| Political News
The minister has been criticised for her handling of Woonbron which is in financial difficulties because of its purchase and restoration of the cruise ship SS Rotterdam...Vogelaar’s explanation of the situation on Wednesday did not satisfy the opposition Socialist and...
Amsterdam :: Netherlands
| 2 months ago
| Political News
Employers, government ministers and trade unions are preparing for crisis talks in an effort to avoid mass redundancies, the Financieele Dagblad reports on Thursday, quoting sources in The Hague. The introduction of compulsory shorter working weeks, a popular measure in...
Amsterdam :: Netherlands
| 2 months ago
| Political News
Edwin Heerema, founder of the Dutch company that has commissioned a $1.7 billion vessel, said to be the largest ship in the world, wants to name it the Pieter Schelte after his late father, Pieter Schelte Heerema, who was renowned...
Amsterdam :: Netherlands
| about 1 month ago
| Business News
The Dutch government on Friday announced a package of financial, fiscal and social measures to alleviate the negative impact of the financial crisis. Dutch Prime Minister Jan Peter Balkenende said after a cabinet meeting that the total sum represents 1...
Amsterdam :: Netherlands
| about 1 month ago
| Business News
Corus wants to cut the hours of around half of its 4,600 workers at Corus Steel in IJmuiden, says the paper. The company has been in trouble for some time due to the financial crisis and the downturn in demand...
Amsterdam :: Netherlands
| about 1 month ago
| Business News
Dutch financial group ING posted its first-ever quarterly loss on Wednesday as impairments on stocks and bonds, counterparty losses and property writedowns ate into its income. ING Group NV had projected the loss in October before agreeing to a 10...
Amsterdam :: Netherlands
| about 1 month ago
| Business News
Netherlands Royal Philips Electronics NV has warned of deteriorating conditions in its markets and says it expects additional charges and write downs of euro1.1 billion ($1.4 billion) in the fourth quarter. The Dutch-based industrial conglomerate says conditions have worsened since...
Amsterdam :: Netherlands
| 27 days ago
| Business News
They have to do some repair work on some pipelines...they are going to start up again on Friday," the source said. The FCC unit had to be shut down because of its proximity to the fire, the source added...It was...
Amsterdam :: Netherlands
| about 1 month ago
| Business News
James Hardie has reported a fall in first half operating profit and declined to pay an interim dividend due to the uncertain conditions in the construction market. Net operating profit, excluding asbestos liabilities, legal expenses and tax adjustments, fell 36...