DIRS.INFO The most relevant business & tech news

☆ These are the 10 best destinations in the world for an eco-friendly vacation
▼ + stars: | 2023-04-22 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

Rotterdam, Netherlands, is the best city for a sustainable vacation, according to a 2023 report from Kayak. Rotterdam, Netherlands Amsterdam, Netherlands Graz, Austria Trondheim, Norway Munich, Germany Helsinki, Finland Stockholm, Sweden Zurich, Switzerland Gothenburg, Sweden Vienna, AustriaRotterdam and Amsterdam, both in the Netherlands, took the No. The Netherlands city is the second-largest in the country and Europe's largest seaport. The city, known as "the Venice of the North," is now a designated UNESCO World Heritage site, thanks to its iconic canal district. The channels' design is considered an example of town planning that influenced the world for centuries, according to UNESCO.

☆ Denmark, Netherlands to donate 14 Leopard 2 tanks to Ukraine
▼ + stars: | 2023-04-20 | by ( ) www.reuters.com time to read: 1 min

COPENHAGEN, April 20 (Reuters) - Denmark and the Netherlands will jointly donate 14 Leopard 2 tanks to Ukraine, the two countries said on Thursday. The Leopard 2A4 tanks, which will be bought from a third party and refurbished, are expected to be delivered in the first quarter of 2024, they said in a joint statement. "It is absolutely crucial for the hope of a peaceful and secure Europe that we do not let the Ukrainians fight the battle alone," Denmark's acting Defence Minister Troels Lund Poulsen said. In February, Denmark, Germany and the Netherlands also announced they will pool resources to restore at least 100 old Leopard 1 tanks from industry stocks and supply them to Ukraine this year and next. Reporting by Nikolaj Skydsgaard, Louise Rasmussen, editing by Terje SolsvikOur Standards: The Thomson Reuters Trust Principles.

Inventories in the European Union and the United Kingdom amounted to 632 terawatt-hours (TWh) on March 31, according to Gas Infrastructure Europe (“Aggregated gas storage inventories”, GIE, April 13). Chartbook: Europe gas inventories and pricesRECORD REFILL IN 2022Record end-of-winter inventories are a consequence of a record start-of-winter stock; a mild winter, especially in the first half; and significant cuts in industrial gas use. The European Union and United Kingdom added an unprecedented 788 TWh of gas to storage in 2022 to prepare for a possible interruption of pipeline supplies from Russia. REDUCED CONSUMPTIONEurope’s gas consumption was sharply reduced in winter 2022/23 compared with previous years. Europe emptied around a third of its gas storage space over the whole drawdown period compared with an average of 53% over the previous decade.

☆ Macron: France favours 'status quo' on Taiwan, position unchanged
▼ + stars: | 2023-04-12 | by ( Michel Rose | ) www.reuters.com time to read: +3 min

[1/3] French President Emmanuel Macron and Dutch Prime Minister Mark Rutte speak at a news conference during Macron's state visit to the Netherlands, in Amsterdam, Netherlands April 12, 2023. We're in favour of the status quo. This policy is constant and hasn't changed," Macron told a news conference during a state visit in the Netherlands. "So no, France does not support provocations, does not engage in fantasy politics and considers the status quo, respect and clarity are the best allies of European strategic autonomy," Macron said. The meeting between Taiwan President Tsai Ing-wen and U.S. House Speaker Kevin McCarthy in California last week - prior to China's drills - was a "provocation", the diplomat said.

☆ World stocks hope for Fed pause, dollar stalls
▼ + stars: | 2023-04-11 | by ( Herbert Lash | ) www.reuters.com time to read: +6 min

Gold climbed back up above the key $2,000 per ounce level as the dollar came off Monday's peak, while oil prices rose despite Chinese inflation data pointing to persistently weak demand. Investors are eagerly awaiting U.S. consumer prices data on Wednesday and producer prices on Thursday. The consumer price index is expected to show core inflation rose 0.4% on a monthly basis (USCPF=ECI) and 5.6% year-over-year (USCPFY=ECI) in March, according to a Reuters poll of economists. The dollar fell after a strong U.S. jobs report for March showed a resilient labor market, adding to expectations of another Fed rate hike. The dollar index fell 0.244%, with the euro up 0.41% to $1.0904 and the yen weakening 0.12% at 133.78 per dollar.

The consumer price index is expected to show core inflation rose 0.4% on a monthly basis (USCPF=ECI) and 5.6% year-over-year (USCPFY=ECI) in March. The two-year Treasury yield, which typically moves in step with interest rate expectations, rose 3.5 basis points to 4.043%. "We're just beginning to feel the pain of these much higher interest rates. The dollar fell after a strong U.S. jobs report for March showed a resilient labor market, adding to expectations of another Fed rate hike. The 10-year JGB yield fell to as low as 0.445%, its lowest since April 4, after hovering at 0.465% in the previous session.

☆ World stocks cling to upbeat mood, dollar stalls
▼ + stars: | 2023-04-11 | by ( Dhara Ranasinghe | ) www.reuters.com time to read: +5 min

European stocks added 0.5% (.STOXX), U.S. equity futures pointed to a positive Wall Street open , and Japan's blue-chip Nikkei rallied over 1% (.N225). Markets price in a roughly 70% chance of a May hike, having last week priced such a move as a coin toss. Traders still price in rate cuts by year-end as the economic growth outlook weakens, exacerbated by banking turmoil. U.S. March inflation data on Wednesday could provide the next steer for markets on the rate outlook. U.S. Treasury yields edged down on Tuesday, however, , with rate sensitive two-year yields 4 bps lower at 3.96%.

☆ World stocks hold on to upbeat mood, dollar stalls
▼ + stars: | 2023-04-11 | by ( Dhara Ranasinghe | ) www.reuters.com time to read: +4 min

European stock markets opened broadly firmer (.STOXX), U.S. stock futures pointed to a positive open for Wall Street shares , and Japan's blue-chip Nikkei rallied over 1% (.N225). Friday's non-farm payrolls suggested labour markets remain resilient, boosting expectations for a 25 basis point (bps) U.S. rate increase in May. NEW BOJ CHIEFIn Asia, MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) rose 0.57%, while MSCI's world stock index was up 0.3% (.MIWD00000PUS). U.S. Treasury yields edged down in European trade , with rate sensitive two-year yields last down 3 bps at 3.96%. Brent crude futures rose 61 cents, or 0.74%, to $84.81 a barrel, while U.S. WTI futures gained 68 cents, or 0.83%, to $80.41 a barrel.

☆ Ben Ferencz, last surviving Nuremberg prosecutor, dies at 103
▼ + stars: | 2023-04-08 | by ( Will Dunham | ) www.reuters.com time to read: +6 min

We mourn the death of Ben Ferencz—the last Nuremberg war crimes prosecutor. At Nuremberg, Ferencz became chief prosecutor for the United States in the trial of 22 officers who led mobile paramilitary killing squads known as Einsatzgruppen that were part of the notorious Nazi SS. The case we present is a plea of humanity to law," Ferencz added. "Genocide - the extermination of whole categories of human beings - was a foremost instrument of the Nazi doctrine," Ferencz said. After the Nuremberg trials, Ferencz worked to secure compensation for Holocaust victims and survivors.

☆ U.S., European Police Shut Down Hacker Marketplace, Make 119 Arrests
▼ + stars: | 2023-04-05 | by ( Kim S. Nash | ) www.wsj.com time to read: +4 min

The international action conducted Tuesday and Wednesday against Genesis Market, one of the largest so-called initial access brokers in the world, resulted in 119 arrests. The dismantling of Genesis Market follows the arrest last month of a man U.S. prosecutors say ran BreachForums, a site for buying and selling stolen data. Newsletter Sign-up WSJ Pro Cybersecurity Cybersecurity news, analysis and insights from WSJ's global team of reporters and editors. The Treasury Department on Wednesday sanctioned Genesis Market, a so-called initial access broker in operation since 2018. Genesis Market data was provided to the website Have I Been Pwned, so individuals can check whether their credentials have been compromised.

☆ Amsterdam's Schiphol Airport to cut late-night flights -Het Parool
▼ + stars: | 2023-04-03 | by ( ) www.reuters.com time to read: +1 min

[1/2] Climate activists protest against environmental pollution from aviation at Amsterdam's Schiphol Airport, in Schiphol, Netherlands November 5, 2022. REUTERS/Piroschka van de WouwAMSTERDAM, April 3 (Reuters) - Amsterdam's Schiphol Airport plans to cut late-night flights as part of attempts to reduce noise pollution, newspaper Het Parool reported on Monday, citing the airport's CEO. Plans for the airport to be rolled out in the coming two years include closing it almost completely between midnight and 5 a.m., the report citing CEO Ruud Sondag said. A spokesperson for Schiphol could not immediately be reached to confirm the report, which said the airport is also planning to ban noisier airplanes and private jets. But airlines including Air France's (AIRF.PA) Dutch subsidiary KLM have mounted a legal challenge to the plan, while Schiphol itself is pushing for a 460,000 limit.

☆ Saudi money is flowing to US media and entertainment, from Live Nation to LIV Golf, 5 years after Jamal Khashoggi's murder: 'The ice has thawed'
▼ + stars: | 2023-04-03 | by ( Claire Atkinson | Lucia Moses | ) www.businessinsider.com time to read: +20 min

Sovereign funds and other entities in Saudi Arabia, Qatar, and the UAE are pouring millions into US media and entertainment. Insider identified some key people connecting Middle East investors with American companies. Saudi Arabia is trying to pitch itself to the world as a cultural and economic reformer and spur tourism. Vince McMahon's WWE has a long-term partnership with the Kingdom of Saudi Arabia, with a major live WWE event there slated for May. Vince McMahon's WWE was one of the first US companies to create unique events in Saudi Arabia.

☆ 9 Middle Eastern funds and investors pouring money into US media, sports, and entertainment
▼ + stars: | 2023-04-03 | by ( Lucia Moses | Claire Atkinson | ) www.businessinsider.com time to read: +9 min

Governments and investors in the Middle East are pouring money into Western media and entertainment. Sovereign funds and other entities in Saudi Arabia, Qatar, and the UAE are pouring millions into US media and entertainment, and they're finding plenty of takers. The channels for money from Saudi Arabia and other parts of the Middle East are complex. Insider broke down the key entities — their owners, leaders, and high-profile investments and joint ventures — in the top three Middle Eastern nations pouring money into US entertainment and media. It describes itself as the largest media company in the Middle East and North Africa and runs one of the largest TV news channels, Al Arabiya.

☆ Replica of Kremlin critic Navalny's cell on display at Dutch exhibit
▼ + stars: | 2023-03-31 | by ( Anthony Deutsch | ) www.reuters.com time to read: +3 min

[1/2] Alexei Navalny's spokeswoman Kira Yarmysh is seen in a replica of the prison cell where the jailed Russian opposition leader is being held, on display as part of the exhibit "Silenced" at Loevestein Castle, the Netherlands, March 30, 2023. REUTERS/Anthony DeutschLOEVESTEIN CASTLE, Netherlands, March 31 (Reuters) - A replica of the two-by-three-metre prison cell holding Kremlin critic Alexei Navalny went on display in the Netherlands on Friday as part of an exhibit entitled "Silenced" about political prisoners through the centuries. Navalny, the leading Russian opposition figure, nearly died after being poisoned with a Soviet-era nerve agent while campaigning against Russian President Vladimir Putin in August 2020. Amid a crackdown by Russian authorities on the opposition, many of Navalny's most prominent allies left Russia rather than face restrictions or jail at home. She said Navalny's prison conditions are harsh, even by the standards of an authoritarian government.

[1/3] A meatball made from flesh cultivated using the DNA of an extinct woolly mammoth is presented at NEMO Science Museum created by a cultured meat company, in Amsterdam, Netherlands March 28, 2023. REUTERS/Piroschka van de WouwAMSTERDAM, March 28 (Reuters) - A giant meatball made from flesh cultivated using the DNA of an extinct woolly mammoth was unveiled on Tuesday at Nemo, a science museum in the Netherlands. The meatball was made of sheep cells inserted with a singular mammoth gene called myoglobin. While creating cultured meat usually means using blood of a dead calf, Vow used an alternative, meaning no animals were killed in the making of the mammoth meatball. Vow hopes to put cultured meat on the map in the European Union, a market where such meat as food is not regulated yet.

☆ European banks face renewed selling pressure
▼ + stars: | 2023-03-24 | by ( ) www.reuters.com time to read: +8 min

So people are acting with their feet and continuing to sell bank stocks. ING ECONOMICS TEAM (emailed) "Most European banks are impacted by these events mainly via the more cautious market sentiment. "It seems like post what happened to Credit Suisse last weekend, two things might be at play here. “European banks probably suffered from contagion from what was going on in the US, where the regional banks seem to be under pressure in the rising rate environment. European banks have, in fact, had no fundamental issues whatsoever.

LONDON, March 20 (Reuters) - Europe has experienced a mild winter, but the region also managed to cut its temperature-adjusted gas consumption in response to high prices, public information campaigns and industrial closures. Chartbook: Europe gas consumptionOctober was unusually warm across the region and none of the major consuming countries made significant progress in reducing underlying demand. But the country also managed to reduce its consumption per degree day by 8% ensuring total consumption fell by 24%. Related columns:- Europe must prepare for next winter to be colder (March 15, 2023)- With winter almost over, Europe’s gas stocks are at seasonal record high (March 3, 2023)- Europe faces more high gas prices next winter (January 20, 2023)- Crisis over? Europe’s gas stocks at seasonal record high (January 17, 2023)- Europe should thank mild autumn for averting gas crisis this winter (December 16, 2023)John Kemp is a Reuters market analyst.

☆ Putin's macabre tour of occupied Ukraine: Russian leader visits besieged regions of Crimea and Mariupol
▼ + stars: | 2023-03-19 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

A defiant Putin has begun a tour of occupied areas of Ukraine, stopping in Crimea and Mariupol. The Russian leader visited besieged areas that have faced widespread casualties since the invasion began. The trip comes after the International Criminal Court issued a warrant for his arrest for war crimes. According to Russian state-sponsored media outlet Tass, Putin then visited Mariupol early Sunday in his first-ever visit to the Donbas region. During Putin's visit to the region, Russian Deputy Prime Minister Marat Khusnullin began creating a report about reconstruction efforts in the city and its outskirts, Tass reported.

☆ The war in Ukraine has created more refugees than the world has seen since WWII, according to a new UN report
▼ + stars: | 2023-03-18 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

The UN has released a new report describing crimes committed during the Russian invasion of Ukraine. The report details war crimes including torture and rape of civilians, and deportation of children. The invasion has created more refugees and displaced more people than the world has seen since WWII. More people have fled Ukraine or been displaced within the country since the start of the war than the world has seen since WWII, according to the United Nations. A State Department spokesperson told Insider "there is no doubt that Russia is committing war crimes and atrocities in Ukraine, and we have been clear that those responsible must be held accountable."

☆ Factbox: What is the International Criminal Court?
▼ + stars: | 2023-03-17 | by ( ) www.reuters.com time to read: +3 min

THE HAGUE, Netherlands, March 17 (Reuters) - The International Criminal Court (ICC) has issued an arrest warrant for Russian President Vladimir Putin, accusing him of responsibility for the war crime of illegal deportation of children from Ukraine. It can prosecute crimes committed by nationals of member states or on the territory of member states by other actors. It has 123 member states. * The ICC website says there have so far been 31 cases before the court, with some cases having more than one suspect. * The ICC has convicted five men of war crimes and crimes against humanity, all African militia leaders from Democratic Republic of Congo, Mali and Uganda.

The possible investments are part of a wider, long-term strategy to reduce exposure to China, two people familiar with the plan told Reuters. ASML's lithography systems can cost up to 160 million euros ($170 million) each and are used to create the circuitry of computer chips. The Dutch government on Wednesday announced new restrictionson exports impacting ASML's second-best range of chip-printing tools, which could lead to Chinese retaliation. Among the companies on the mission is Neways, which helps ASML develop electrical control units, power controls and wiring systems for lithography systems, according to the company's website. ASML supplier NTS Group, which is a provider of precision mechanics tools, is another company that will join the business trip, Brainport said.

An employee stands by cables inside a ASML Twinscan XT1000 lithography machine, during manufacture at the ASML factory in Veldhoven, Netherlands. Bloomberg | Bloomberg | Getty ImagesThe Dutch government is pressing ahead with export restrictions on "advanced" semiconductor manufacturing equipment following political pressure from the United States. Although the letter does not reference China, it comes after pressure from the White House, which in 2022 imposed export controls that limit Beijing from accessing certain semiconductor chips. At the time, American officials recognized that if other countries did not impose similar restrictions, the export controls would lose effectiveness over time. Since 2018, the U.S. has reportedly been asking the Dutch government to stop ASML shipping its extreme ultraviolet lithography machines to China.

☆ Dutch historian finds medieval treasure using metal detector
▼ + stars: | 2023-03-09 | by ( Charlotte Campenhout | ) www.reuters.com time to read: +2 min

[1/4] Part of the 1000-year-old medieval treasure discovered in Hoogwoud, Netherlands, consisting of jewellery and silver coins, is shown in this undated handout picture obtained by Reuters. Archeologie West-Friesland/Handout via REUTERSAMSTERDAM, March 9 (Reuters) - A Dutch historian found a unique 1,000-year-old medieval golden treasure, consisting of four golden ear pendants, two strips of gold leaf and 39 silver coins, the Dutch National Museum of Antiquities (Rijksmuseum van Oudheden) announced on Thursday. Lorenzo Ruijter, 27, who told Reuters he has been treasure hunting since he was 10, discovered the treasure in 2021 in the small northern city of Hoogwoud, using a metal detector. "Golden jewellery from the High Middle Ages is extremely rare in the Netherlands," the museum also said. Given its archaeological significance, the treasure was given as a loan to the museum which will display it, but it will remain the official property of finder Lorenzo Ruijter.

☆ Novavax shares plunge as company raises doubts about its ability to remain in business
▼ + stars: | 2023-02-28 | by ( ) www.cnbc.com time to read: +4 min

A health worker prepares a dose of the Novavax vaccine as the Dutch Health Service Organization starts with the Novavax vaccination program on March 21, 2022 in The Hague, Netherlands. Covid-19 vaccine maker Novavax on Tuesday raised doubts about its ability to remain in business and announced plans to slash spending as it works to prepare for a fall vaccination campaign. The company lost $182 million, or $2.28 per share, in the fourth quarter on weaker-than-expected sales of $357 million. "We're in the process of assessing the global footprint of Novavax, rationalizing our supply chain, rationalizing the portfolio and rationalizing the company structure and our infrastructure," he said. In the U.S., where the Novavax vaccine was authorized in July 2022, only around 80,000 of its shots have been administered.

☆ Dutch gov't, Shell and Exxon ignored Groningen risks for years, inquiry finds
▼ + stars: | 2023-02-24 | by ( ) www.reuters.com time to read: +3 min

[1/4] Workers rebuild homes in the northern Dutch town of Overschild, where earthquakes from natural gas extraction have made them unsafe, Netherlands, March 10, 2022. REUTERS/Anthony Deutsch/File PhotoAMSTERDAM, Feb 24 (Reuters) - The Dutch government and energy companies Shell (SHEL.L) and Exxon Mobil (XOM.N) ignored the risks of gas production in Groningen for years, to the detriment of people living in the province, a parliamentary inquiry concluded on Friday. The massive Groningen field is operated by Shell and Exxon joint venture NAM and was one of Europe's major suppliers of natural gas for decades. Groningen gas production has been cut back significantly over the past decade and will be halted in the coming year because of the threat to life and property from the resulting earth tremors. "Gas extraction in Groningen was so successful and lucrative for the Dutch government, Shell and Exxon Mobil that they hardly took any notion of the long-term risks and the ever-clearer signs of the detrimental effects for the people in Groningen," it said.

Search resuls for: ", Netherlands"

25 mentions found