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A top Dutch government minister said he's confident the country's coveted chip-equipment maker ASML will remain in the Netherlands following threats from the company to move its operations abroad. Steven van Weyenberg, the Netherlands' finance minister, told CNBC's Karen Tso on Thursday that he isn't worried by ASML's statements threatening to leave the country. The company makes extreme ultraviolet lithography (EUV) machines, which are critical to the semiconductor industry for manufacturing integrated circuits. "I think many people, many countries would love to welcome ASML, but I think they're strongly embedded in the Netherlands," Van Weyenberg told CNBC Thursday. "I'm very optimistic about ASML's future and that it will be within the Netherlands," he said.
Persons: he's, Steven van Weyenberg, Karen Tso, Peter Wennink, Van Weyenberg, ASML Organizations: CNBC Locations: Netherlands
This means: no overtourism, no new hotels, and no more than 20 million hotel overnight stays by tourists per year,” it said in a statement. This is the latest in a series of measures the Dutch capital has taken to mitigate the issue of overtourism in the city. Last year, the Amsterdam City Council voted to ban cruise ships and close its cruise terminal. The city also banned the use of marijuana on public streets in the red light district and ended guided tours that passed by sex workers’ windows. Under a 2021 ordinance called “Amsterdam Tourism in Balance,” the city council is “obliged to intervene” when tourism numbers reach 18 million people.
Organizations: CNN, Amsterdam City Locations: Netherlands, Amsterdam, Balance
That’s 270 million people living on sinking land. The impact of sinking is typically worse along the coasts, where the sea level is rising at the same time. “Most urban cities experience land subsidence, but we focus our attention on coastal cities because of sea level rise,” Ohenhen, who was not involved with the study, told CNN. The project prevents the need for over-pumping groundwater and has stopped land subsidence in Beijing, the study found. “I believe China’s government efforts will address the issue of land subsidence,” Tao said.
Persons: Wang, Shengli Tao, ” Tao, , , Leonard Ohenhen, ” Ohenhen, Tao Organizations: CNN, New, Reuters, Peking University, Virginia Tech Locations: China’s, China, New York City, Netherlands, Mexico City, Tianjin, Shanghai, Guangzhou, Beijing
Read previewOne of Ukraine's main European allies said it could buy US-made Patriot air-defense systems from other countries to send on to Ukraine. Ukraine is searching for more Patriot systems as it runs low on air defenses to stop Russian attacks. AdvertisementThe US-made MIM-104 Patriot missile system is a ground-based, mobile surface-to-air missile battery. REUTERS/Yevhen KotenkoGermany announced over the weekend that it would give Ukraine another Patriot system. AdvertisementHe said he "struggles to understand" some allies' resistance to giving Ukraine at least one of their Patriot systems.
Persons: , Mark Rutte, Jens Stoltenberg, Yevhen Kotenko, Volodymyr Zelenskyy, they've, Stoltenberg Organizations: Service, The, Guardian, Business, REUTERS, NATO, Patriot, Patriots Locations: Ukraine, The Netherlands, Warsaw, Poland, Russian, Kyiv, Yevhen, Yevhen Kotenko Germany
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDutch finmin says he's confident 'crown jewel' ASML will remain in NetherlandsDutch Finance Minister Steven van Weyenberg discusses the Netherlands' economy, the outlook for interest rates, and tensions over its "crown jewel": chip company ASML.
Persons: Steven van Weyenberg Organizations: Netherlands Dutch Locations: Netherlands
Drayage trucks, which bring cargo from ports to warehouses nearby, must make the move to electric by 2035 in the U.S. state. Transitioning fleets to electricAcross the Atlantic, Dutch brewer Heineken recently partnered with Swedish electric truck start-up Einride to make the transition to electric. Getting more electric trucks to carry cargo on the road, especially for long-distance journeys, will need to be spearheaded by cargo owners that want their goods moved sustainably. Many of the new trucks will be deployed in markets where DFDS has not yet moved to electric trucks, including in the U.K. In California, Lime's use of electric trucks has been driven by legislation that states all drayage trucks must be zero-emissions by 2035.
Persons: Andrew Savage, we've, Savage, Arjen van der Woude, that's, van der Woude, Sweden's, Robert Falck, " Falck, Lime's Savage Organizations: PT Vale, Hight Logistics, CNBC, Heineken, DFDS, Volvo Locations: PT Vale Indonesia, China, California, U.S ., North America, Los Angeles, Long, Canada, Dutch, Swedish, Netherlands, Germany, Europe, Rotterdam
Daniel Bosma | Moment | Getty ImagesExplorer and environmentalist Bertrand Piccard has called for a renewed focus on cutting energy waste, saying it's "hopeless" to shift to renewables without improving efficiency. "So if we try to replace fossil [fuel] energy with renewables without being efficient, without reducing the consumption, it's hopeless," he said. Another issue Piccard highlighted was that some countries only consider wind and solar as alternative renewable energy sources. Geothermal energy accounted for just 2.7% of renewable energy consumption, while wind power was 13.2% and solar energy was 7.2%. 'Paradox' of China's solar panel oversupplyPiccard also discussed the ongoing concerns about the potential oversupply of solar panels from China to the European market.
Persons: Daniel Bosma, Bertrand Piccard, Piccard, CNBC's Silvia Amaro, bioenergy, Janet Yellen Organizations: CNBC, Solar Impulse, European Commission, Treasury Locations: Netherlands, Europe, China, U.S
I stayed in a houseboat in Amsterdam for four nights. Even though it was on the pricier side, it was worth it to live like a local for a few days. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Service, Washington Post, Business Locations: Amsterdam, Airbnb, Netherlands
CNN —With 100 days to go until the start of the Paris Olympics, Team USA is expected to top the medal table once again at this year’s Summer Games. According to a virtual Paris Olympics medal table released by Nielsen’s Gracenote, the US is forecast to win 123 medals in Paris – 39 gold, 37 silver and 47 bronze. “The United States team has medals projected in 27 different sports in the Virtual Medal Table, two sports fewer than the country’s own Olympic record of 29 which was set in Tokyo. Australia, Japan, Italy, Netherlands, Germany and South Korea make up the rest of the top 10 in the virtual medal table. The table is a statistical model based on individual and team results in past events, including Olympics, world championships and World Cups.
Persons: Nielsen’s Gracenote, ” Gracenote, Katie Ledecky, Alex Slitz, Gracenote, Christian Coleman, Noah Lyles, Simone Biles Organizations: CNN, Paris Olympics, USA, Angeles, United States, , France Locations: Paris, Tokyo, China, Great Britain, Australia, Japan, Italy, Netherlands, Germany, South Korea
Net sales fell 21.6% year-on-year while net income dropped 37.4%. ASML's net sales fell in the middle point of the company's guidance. ASML on Monday said first-quarter profit beat expectations while sales missed forecasts, with the company sticking to its full-year outlook. ASML has previously said it expects net sales for 2024 to be similar to 2023 and reiterated this projection on Monday. ASML previously said that export restrictions would impact 10% to 15% of China sales this year.
Persons: Joe Biden's, ASML, Peter Wennink, ASML's bullishness, Roger Dassen Organizations: Samsung, Taiwan Semiconductor Manufacturing Co, Intel Locations: Netherlands, China, U.S, America
CNN —Ditching the US and relocating close to the French Pyrenees wasn’t part of Taylor Barnes’ life plan. ‘Visually inspiring’US artist Taylor Barnes, from Los Angeles, relocated to the medieval village of Saissac close to the French Pyrenees in 2021. Taylor Barnes“I considered, among many things, where I would like to live out the last quarter of my life,” Barnes tells CNN. Cozy hideawayIn 2019, Barnes bought an abandoned crawfish restaurant and converted it into a residency for artists. Since moving to Saissac, Barnes says she has happily embraced a slower-paced lifestyle.
Persons: Taylor Barnes, Barnes, Taylor Barnes “, ” Barnes, , , she’d, Cozy hideaway, Dennis Miranda Zamorano, Sonya, Berger Blanc, apéros, She’s, it’s, Carte, Barnes isn’t Organizations: CNN, Berger Blanc Suisse, Barnes Locations: Los Angeles, Saissac, Aude, France, Montagne, French, California, Spain, Saissac ., England, Ireland, Netherlands, America
I've always dreamed of traveling to the Netherlands to visit the famous tulip festival. Instead, I visited Mount Vernon, Washington, during the height of the Skagit Valley Tulip Festival. AdvertisementThe Netherlands' legendary tulip fields have always been on my bucket list. After seeing the monthlong event referred to as "the Netherlands of the Northwest" by the festival's executive director, I knew I had to visit the Skagit Valley Tulip Festival. AdvertisementIf you have time and don't mind paying the admission price for each farm, I highly suggest visiting all four participating Skagit Valley Tulip Festival farms.
Persons: I've, , Bernadette Rankin, Bernadette Rankin Next Organizations: Tulip, Service Locations: Netherlands, Mount Vernon , Washington, Skagit, Northwest Washington, Seattle, RoozenGaarde
“China calls on the international community, especially countries with influence, to play a constructive role for the peace and stability of the region,” the ministry added. The decision by Iran’s leaders to strike at Israel directly has pushed the shadow war between the two regional foes into the open. That’s why China does not condemn Iran,” said Yun Sun, director of the China program at the Washington-based Stimson Center think tank. Beijing meanwhile denounced the strike as a “barbarian act,” with protests erupting outside US diplomatic compounds across China. “For China, had US applies enough pressure on Israel, neither the Israeli attack nor the Iranian retaliation would have taken place.
Persons: Beijing’s, Antony Blinken, Wang Yi –, Saudi Arabia –, , William Figueroa, Figueroa, , Xi Jinping, China’s, Iran ”, Israel, ” Figueroa, Wang Wenbin, Wang, Yun Sun, Bill Clinton, Jiang Zemin, ” Sun, Kishida, Jaishankar, Israel Katz, Hossein Amirabdollahian Organizations: Hong Kong CNN, Foreign Ministry, Washington, US State Department, Hamas, Beijing, Tehran, University of Groningen, Global Security Initiative, CNN, Chinese Foreign Ministry, Stimson, NATO, Embassy, Japan’s, Israel’s Foreign, Iranian Locations: China, Hong Kong, East, Iran, Israel, Beijing, Gaza, Tehran, Damascus, Republic, Turkey, Saudi Arabia, Palestinian, Red, Tehran –, Netherlands, underinvestment, United States, Israeli, Syria, Quds, Washington, Belgrade, That’s, Yugoslavia, Asia, , India, Philippines, Malaysia, Indonesia
Fast food giant McDonald's launched a new marketing campaign this week. It produced a series of blank yellow and red billboards in the Netherlands. AdvertisementFast food giant McDonald's released a new and quirky marketing campaign this week. The company has found a novel way to leverage some of its iconic products by making the billboards smell like their fries. It released a series of blank yellow and red billboards in the Netherlands that don't even carry the McDonald's golden arches logo.
Persons: Organizations: Service, Business Locations: Netherlands
Iran has warned that it will respond with “stronger and more resolute” actions if Israel retaliates over this weekend’s strikes, according to Tehran’s ambassador to the United Nations. Biden will also meet with G7 leaders on Sunday “to coordinate a united diplomatic response to Iran’s brazen attack,” according to a statement released by the White House. US defensive assets moved to the region earlier this week and “helped Israel take down nearly all of the incoming drones and missiles,” according to the statement. US forces intercepted more than 70 one-way attack drones and at least 3 ballistic missiles Iran fired toward Israel, according to two US official familiar with the situation. US fighter jets were also part of the US’ response to Iran’s attack on Saturday and shot down drones launched towards Israel, another US official told CNN.
Persons: Israel, Benjamin Netanyahu, Joe Biden, Iran –, , , Biden, Netanyahu, Jordan, ” CNN’s Nic Robertson, , Mohammed Reza Zahedi, Mohammad Hadi Haji Rahimi, Donald Trump, IRGC, Qassem Soleimani, Ayatollah Ali Khamenei, Ebrahim Raisi, IRNA, ” Israel, General Mohammad Reza Ashtiani, Iran’s, António Guterres, Josep Borrell, Rishi Sunak, Javier Milei, Manuel Adorni, CNN’s Paul Murphy Organizations: CNN, Israel, United Nations, Iran, White House, US Navy, US, Revolutionary Guards, Iran’s Defense, Foreign Ministry, UN, British Locations: Iran, Syria, Israel, Republic, Haifa, Jordan, Iraq, Lebanon, Jerusalem, Tel Aviv, Gaza, Damascus, Baghdad, Lebanese, Quds, East, Europe, America, Saudi Arabia, Egypt, France, Netherlands, Austria, Czech Republic, Spain, Portugal, China, Beijing, Chile, Mexico, Denmark
The U.S. has passed a series of export controls starting in October 2022 aimed at restricting China's access to advanced chip technology, particularly those used in AI applications. According to data from tech consultancy Omdia, China consumes nearly 50% of the world's semiconductors as it is the biggest market for assembling consumer devices. But, soon after, it was reported that Nvidia was working on a new chip made for China. The company did not respond to a request for comment on their plans for the China market. An analysis of Huawei's Mate 60 Pro smartphone by TechInsights revealed an advanced chip made by China's top chip maker, SMIC.
Persons: Wong Yu Liang, Chris Miller, William B, Bailey, Donald Trump, TechInsights Organizations: AMD MU, P Global, Intel, Broadcom, Qualcomm, Marvell Technology, U.S, The, CNBC, Nasdaq, Intelligence, Micron Technology, AMD, Nvidia, Huawei, Semiconductor Industry Association, America's Micron, country's Cyberspace Administration, Micron Locations: China, The U.S, U.S, Washington, Xi'an, Netherlands, Beijing
Berlin CNN —Germany has hit back at allegations by Nicaragua that it has been “facilitating genocide” in Gaza, telling an international court on Tuesday that history undergirds German support for Israel. But Germany argued Tuesday that because the “bedrock” of Nicaragua’s case was aimed at Israel and its “alleged violations of international law by Israel,” the ICJ did not have jurisdiction. British lawyer Samuel Wordsworth, who advocated on behalf of Berlin, said the case against Germany is “entirely dependent” upon a “prior finding of breach” of international law by Israel in Gaza. The ICJ is hearing a separate case brought against Israel by South Africa, but has not ruled on whether Israel has breached international law in Gaza. The international court will now consider whether to order the emergency measures requested by Nicaragua.
Persons: Germany’s, Tania von Uslar, Gleichen, Berlin “, , , Von Uslar, , ” von Uslar, Netherlands Carlos Jose Arguello Gomez, Alain, Samuel Wordsworth, Israel, Israel –, Christian Tams Organizations: Berlin CNN —, Israel, International Court of Justice, UN, German, Office, ICJ, Nicaraguan, UNRWA Locations: Berlin CNN — Germany, Nicaragua, Gaza, The Hague, Germany, Israel, Nazi, Netherlands, French, Berlin, South Africa
Spain plans to end "golden visas" for non-EU citizens investing €500,000 in real estate. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSpain will no longer hand out "golden visas" to foreigners willing to pay big bucks for them. AdvertisementIn the last year, Ireland, the Netherlands, Portugal, and Greece have all shut down or tightened their golden visa programs for similar reasons. In 2018, New Zealand banned foreigners from buying existing homes following a housing affordability crisis, similar to Spain and Portugal's current situation.
Persons: , Pedro Sánchez, Sánchez, it's, Peter Thiel, Meghan Morris Organizations: EU, Service, European Union, Associated Press, OECD, Investment, Henley & Partners Locations: Spain, Portugal, Greece, Ireland, Netherlands, Barcelona, Madrid, Valencia, Europe, New Zealand
Biden’s week also includes an official visit for Japanese Prime Minister Kishida Fumio, reinforcing his commitment to cultivating partnerships in the Indo-Pacific in the face of China’s rising economic and military power. The historic leaders summit on Thursday between Biden, Kishida and Filipino President Ferdinand Marcos is expected to produce announcements relating to infrastructure, energy security, digital connectivity and maritime security. Meanwhile, Japan has recently loosened restrictions on the export of military technology – paving the way for deeper collaboration with like-minded allies. The first virtual meeting with the four leaders took place in March 2021 with subsequent in-person summits in the years that followed. Biden and his team also have sought to draw in smaller regional neighbors concerned about China’s military and economic aggression.
Persons: Joe Biden, Kishida, Biden, Jake Sullivan, , Jill Biden, Kishida Yuko, They’re, Ferdinand Marcos, Marcos, ” Sullivan, , John Neuffer, ” Biden, ” Rahm Emanuel, Sullivan, zeroed, Japan’s, Yoshihide Suga, Korea’s, Moon Jae, Yoon Suk Yeol, Rodrigo Duterte, Donald Trump, ” Kishida Organizations: Washington CNN, Japanese, CNN, Biden White House, Australia, US Steel, APEC, Washington, Semiconductor Industry Association, Clark Air Base, Subic Naval Base, American, White, Kishida, White House, Pacific, PBS Locations: Japan, Philippines, North Korea, Ukraine, Gaza, India, South Korea, China, Manila, , lockstep, Netherlands, Taiwan, Beijing, Thursday’s, US, Australia, South China, South, Russia, Kishida, United States, Tokyo, Seoul, David, United Kingdom, Washington, Vietnam, U.S
"That whole process flow is designed to help radiologists get through their task with assistance more quickly," Kurian said in an interview. Google Cloud and Bayer are not the only companies exploring AI applications for medical imaging. Google Cloud has been working with Bayer on the radiology platform for around five years. The foundation was built using existing Google Cloud solutions like Vertex AI, Healthcare API and BigQuery, and Kurian said the platform's data is encrypted. Google Cloud and Bayer are exploring a number of different pricing models for the platform, he said.
Persons: Thomas Kurian, radiologists, Kurian, Keith Kirkpatrick, there's, Kirkpatrick, Bayer, Guido Mathews, Mathews Organizations: Google, Bayer, Tuesday, CNBC, Radiological Society of North, American College of Radiology's, Google Cloud, Philips, Amazon Web Services, GE HealthCare Locations: U.S, Radiological Society of North America, Netherlands
Using a salt substitute when cooking was linked with a lower risk of dying early from any cause or from cardiovascular disease in a new study published Monday in the journal Annals of Internal Medicine. “Previous synthesis tended to focus on short-term outcomes, lasting only two weeks.”Using a salt substitute could lower your risk of dying early, according to new research. The trials compared the use of common salt — made of about 100% sodium chloride, occasionally with added iodine — with using a salt substitute comprised of 25% to 30% potassium chloride and 60% to 75% sodium chloride. “If it’s sodium chloride or potassium chloride or magnesium chloride, it’s all salt. “It’s also important to remember that reducing sodium intake is just one way to reduce cardiovascular risk without medication,” Albarqouni said.
Persons: , Loai, , ” Albarqouni, Albarqouni, Andrew Freeman, ” Freeman, wasn’t, Freeman, It’s Organizations: CNN, Internal Medicine, Institute, Bond University, Jewish Health Locations: Australia, China, United Kingdom, Taiwan, Peru, Netherlands, Norway, North America, Denver
Below, you'll find everything you need to know about the Paris-Roubaix races, including how to access the free live stream via VPN. Where to watch Paris-Roubaix in the USThe US home of the Paris-Roubaix races is Peacock. Shop at Peacock TVWhere to watch Paris-Roubaix in the UKIn the UK, you can catch the Paris-Roubaix races on Discovery+. Where to watch Paris-Roubaix in AustraliaIn Australia, you can live stream the races through SBS On Demand. If you want a free Paris-Roubaix live stream with English commentary, this is your best option.
Persons: Philipsen, John Degenkolb of, Mathieu Van Der Poel, Jorge Luis Alvarez Pupo, we've, Alison Jackson, Mathieu van der, Peacock, ExpressVPN Organizations: Business, DSM, Netherlands, Roubaix, Paris, CNBC, Fleche, Eurosport, SBS Locations: Belgium, John Degenkolb of Germany, Paris, Liege, Bastogne, Australia, France, Roubaix
Eileen TravellToday, we think of Renaissance portraiture as paintings on canvas or church walls, viewed openly. But an exhibition at the Metropolitan Museum of Art in New York, “Hidden Faces: Covered Portraits of the Renaissance,” reveals how many works of art from the period were deliberately covered by painted panels or shutters, or contained additional compositions on their reverse side. “These multisided and covered portraits have never been the subject of an exhibition before,” said the show’s curator, Alison Manges Nogueira, in a video call with CNN. On the reverse of this portrait, the artist Hans Memling painted one of the first independent still lifes, according to the exhibition. Museo Nacional Thyssen-BornemiszaThe exhibition includes works by Albrecht Dürer, Titian and Hans Holbein.
Persons: Martin Luther, He’d, Lucas Cranach, Katharina von Bora, Friedrich the Wise, Saxony, Anna Rasper, Eileen Travell, , Alison Manges Nogueira, Metropolitan Museum of Art “, ” Nogueira, that’s, Nogueira, Hans Memling, Albrecht Dürer, Titian, Hans Holbein, Cupid, Jacometto, , it’s Organizations: CNN, Metropolitan Museum of Art, Museo Nacional Thyssen Locations: New York, England, Germany, Italy, Netherlands, Spain
Alan Estevez, the U.S. export policy chief, is scheduled to meet in the Netherlands next Monday with officials from the Dutch government and ASML to discuss the servicing contracts, the people said. Washington may also be seeking to add to a list of Chinese chipmaking factories restricted from receiving Dutch equipment as part of the discussions, one of the people said. The Dutch Foreign Ministry confirmed the upcoming meeting but did not elaborate on which topics would be on the agenda. The meeting of officials on Monday is one example of that," the Ministry told Reuters. The Commerce Department and ASML, whose shares briefly fell after the news, declined to comment.
Persons: Joe Biden's, Alan Estevez, ASML Organizations: Dutch Foreign Ministry, Ministry, Reuters, Embassy, U.S, China, Commerce Department Locations: Netherlands, China, U.S, Washington, Beijing
An unnamed Ukrainian officer told Politico of his doubts about the usefulness of incoming F-16s. It's an example of how Ukraine often receives weapons systems too late, he told Politico. AdvertisementUkraine's long-awaited F-16s are an example of weapons systems that are "no longer relevant" once they end up in Kyiv's hands, a senior Ukrainian officer told Politico. Dettmer wrote that the officer cited the F-16s as an example of how "we just don't get the weapons systems at the time we need them." AdvertisementOne pilot told Ukrainian media they're a massive step up from the Soviet MiGs he usually flies, comparing the upgrade to going from "a Nokia, straight to an iPhone."
Persons: , Valery Zaluzhny, Jamie Dettmer, Dettmer Organizations: NATO, Politico, Service, US, Kyiv, Soviet, Nokia, America, Ukrainian Air Force, Air Force Command, Business Locations: Russia, Ukraine, Ukrainian, Denmark, Netherlands, Kyiv
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