United Kingdom

Bart H. Meijer

Japan's Mitsubishi beats Shell to buy Dutch power firm Eneco

25 Nov 2019

AMSTERDAM A group led by Japan's Mitsubishi Corp will buy Eneco in a deal valuing the Dutch energy firm at 4.1 billion euros ($4.52 billion), Eneco said on Monday, beating off rival bids from Shell and private equity firm KKR .

Prosus bullish on Just Eat, even as rival bid strengthens

22 Nov 2019

JOHANNESBURG/AMSTERDAM Internet group Prosus is confident about its $6.3 billion (5 billion pounds) offer to buy Just Eat , CEO Bob van Dijk said on Friday, even though a rise in rival bidder Takeaway's shares has all but wiped out its financial upper hand.

Tata Steel faces battle with unions over plans to cut up to 3,000 European jobs

19 Nov 2019

AMSTERDAM/LONDON Steelworkers in Britain and the Netherlands said on Tuesday they would fight Tata Steel's plans to cut up to 3,000 jobs across its European operations, as the sector wrestles with excess supply, weak demand and high costs.

ABN Amro promises not to pass on cost of negative interest on deposits up to 100,000 euros

13 Nov 2019

AMSTERDAM ABN Amro on Wednesday became the first of the three big Dutch banks to bow to political pressure and promise not to apply negative interest rates to savings accounts of less than 100,000 euros (£86,120.66).

Tariffs take toll on Philips margin goal in blow to shares

10 Oct 2019

AMSTERDAM Philips warned it will miss its 2019 profit margin target on Thursday due to trade tariffs and poor results at its Connected Care arm, wiping around 3 billion euros ($3.3 billion)off the Dutch healthcare technology group's market value.

Police forcibly remove climate activists blocking major Amsterdam street

07 Oct 2019

AMSTERDAM Police began forcibly removing climate change activists who blocked a major street in downtown Amsterdam on Monday, arresting 50 after they defied orders to move their demonstration onto a nearby square.

UPDATE 1-Chemical maker DSM sees strong demand for methane-reducing cow feed additive

30 Sep 2019

* DSM has developed feed additive that reduces cows' methane emissions

ABN Amro hit by Dutch money laundering investigation

26 Sep 2019

AMSTERDAM ABN Amro is being investigated for money laundering in a new blow to shares in the Dutch bank, which prosecutors allege failed to report or probe suspicious transactions for years. | Video

World News

China virus death toll mounts to 25, infections spread

A new coronavirus has killed 25 people in China and infected more than 800, the government said on Friday, as the World Health Organisation declared it an emergency but stopped short of declaring the epidemic of international concern.