In a jaw-dropping twist in the already explosive Ukraine-Russia war saga, Netherlands and Denmark, both high-profile NATO members, have dramatically declared their intentions to arm Ukraine with the formidable F-16 fighter jets. Buzz from reliable sources like Reuters suggests an initial deployment of six jets around the New Year, adding more fire and frenzy to […]
In a significant move amplifying the dynamics of the ongoing Russia-Ukraine war, the United States has sanctioned the dispatch of F-16 fighter jets to Ukraine from allies Denmark and the Netherlands. This development was confirmed on Thursday by a US official and reported by Reuters. The deployment is set to commence as soon as pilot […]
The Netherlands is grappling with its first economic downturn since the pandemic, underpinned by weakened consumer spending and export revenues. A recent report from Bloomberg, referencing data from the national statistics office, revealed a 0.3% dip in the gross domestic product (GDP) for the quarter spanning April to June. This decline, which comes on the […]
In a groundbreaking move set to reshape professional services, KPMG International has announced a significant expansion of its global relationship with technology giant Microsoft. This amplified alliance aims to pioneer advances in crucial areas such as workforce modernization, secure development, and the implementation of artificial intelligence (AI) solutions for clients and industries, with societal implications […]
Mark Rutte, Dutch Prime Minister and leader of the People’s Party for Freedom and Democracy (VVD), has tendered his resignation following a fallout over migration policy within his coalition government. After 13 years in power, the abrupt resignation prompted by “insurmountable differences” on tackling immigration issues, sets the stage for early elections. Rutte declared the […]
Tagworks Pharmaceuticals BV, a Netherlands-based pioneer in Click-to-Release chemistry that promotes more effective and safer systemic therapies, has secured $65 million in Series A funding. The investment round, which saw major participation from Spanish venture capital firm Ysios Capital and Gilde Healthcare, along with Novartis Venture Fund, New Enterprise Associates (NEA), and Lightstone Ventures, will […]
Japanese conglomerate Mitsui & Co. is set to acquire a 70% stake in Nutrinova Netherlands B.V., a subsidiary of American chemical company Celanese Corporation that manufactures and sells functional food ingredients. The share purchase, valued at approximately $472.5 million (around ¥66.0 billion), will see Nutrinova Netherlands becoming Mitsui’s equity method affiliate. The acquisition, subject to […]
Cochin Shipyard Limited (CSL), an Indian shipbuilding and maintenance facility, said that it has won an order for a couple of zero emission feeder container vessels from Netherlands-based Samskip Group’s companies NAVSHUTTLE 1 AS and NAVSHUTTLE 2 AS. The order calls for the design and construction of the vessels and comes with an option to […]
Infosys said that Infosys Finacle has helped Dutch financial services provider ABN AMRO in the implementing and making live of the Infosys Finacle Liquidity Management Solution for its corporate customers. ABN AMRO will now be capable of providing its customers with an easy point of contact to manage their worldwide commercial cash flow securely anytime […]
Jumbo, a Dutch supermarket chain, has collaborated with Hanshow, a Chinese electronic shelf label products and solutions provider, to digitalize its network of stores as part of its goal of sustainability. Established in 1921, Jumbo currently has over 700 stores in the Netherlands and Belgium. As part of the collaboration, Hanshow will install more than […]