DIRS.INFO The most relevant business & tech news

☆ 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.

☆ Most countries want tourists back — but Amsterdam is telling these visitors to 'stay away'
▼ + stars: | 2023-04-05 | by ( Audrey Wan | ) www.cnbc.com time to read: +1 min

Some places are wooing visitors by waiving visa requirements and giving out air tickets. But Amsterdam has a problem with too much tourism — and now it's telling some visitors, namely British male tourists aged between 18 and 35, to "stay away" if they're traveling to the city for drugs or parties. Amsterdam's local authority launched the online campaign in Great Britain this month that aims to keep out "nuisance-causing visitors," authorities said in a news release last week. About 360,000 overnight guests from the United Kingdom visited Amsterdam in 2020, said Statista. The "Stay Away" campaign targets visitors who use online search terms like "stag party Amsterdam," "pub crawl Amsterdam" or "cheap hotel Amsterdam" by showing them warning advertisements, authorities said.

☆ 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.

Online searches by Americans for flights to Europe trips are surging despite soaring air fares, a worsening economic outlook and risks of gridlock at some of the airports in Europe. The travel boom is promising record profit margins at some U.S. carriers, which are ramping up transatlantic capacity to cash in on Americans' thirst for travel to Europe. Travel website Kayak said searches for travel to Europe this summer are up 77% from last year. There is still untapped travel demand for Europe even after a busy summer last year, said Hayley Berg, lead economist at Hopper. Average fare for a round-trip flight to Europe, meanwhile, has risen 31% from last year, Hopper data shows.

☆ Analysis: Wage catch-up to prolong Europe's inflation battle
▼ + stars: | 2023-03-10 | by ( Balazs Koranyi | ) www.reuters.com time to read: +6 min

"Part of the wage increase is understandable," said Jens Ulbrich, chief economist at Germany's Bundesbank. Yet the rapid wage growth underway now will hamper the European Central Bank's efforts to get inflation back to its 2% target, and possibly force it to keep interest rates high for longer. "We are taking a first step, but much more is needed to reverse the years of lopsided wage growth," Kager added. "The inflation trend, food and especially energy prices are tearing deep holes in our workers' budgets," ver.di Chairman Frank Werneke said. "The high levels of wage growth projected for 2023 and 2024 can be expected to make wages an increasingly dominant driver of underlying inflation in the euro area," Lane says.

☆ Extinction Rebellion holds climate protest next to Rembrandt's The Night Watch
▼ + stars: | 2023-03-05 | by ( ) www.reuters.com time to read: +1 min

AMSTERDAM, March 5 (Reuters) - The Netherlands arm of climate activist group Extinction Rebellion protested on Sunday next to Rembrandt's painting The Night Watch in Amsterdam's Rijksmuseum. It is obvious that this is due to the fossil industry, an industry that the Rijksmuseum is still sponsoring", 19-year-old protester Yara said, referring to the museum's partnerships with airline KLM and bank ING. Ten protesters, aged between 15 and 22 years old, wore T-shirts emblazoned with climate slogans, while some of their parents and grandparents stood nearby in support. A spokesperson for Rijksmuseum told Dutch press agency ANP that the protest didn't cause any damage to The Night Watch and that the protesters were escorted outside without incident. Reporting by Charlotte Van Campenhout; Editing by Frank Jack Daniel and Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.

☆ KLM, airline industry to fight Schiphol Airport flight cap in court
▼ + stars: | 2023-03-03 | by ( Tosterling Charlotte Campenhout | Charlotte Campenhout | ) www.reuters.com time to read: +3 min

AMSTERDAM, March 3 (Reuters) - KLM and other airlines on Friday said they are suing the Dutch government over plans to cap the number of annual flights allowed at Amsterdam's Schiphol Airport, saying it would hurt them, the Dutch economy and travellers. Others joining the KLM suit include Delta Airlines, easyJet, TUI and Turkey's Corendon Airlines. But the decision to cap the flights cited noise and air pollution concerns, not traveller's' distress. Schiphol Airport Group, which was also issued a summons in the KLM-led case, said it "regretted" the suit. Last month the airport said it would impose a 66,000 passenger per day cap for the 2023 May vacation period due to still-unresolved labour shortages.

REUTERS/Cole Burston/File PhotoFeb 24 (Reuters) - Airports are taking steps to avoid gridlock during the upcoming holiday travel seasons, with some limiting flights during peak hours to avoid the long lines and luggage piles that marred last summer. While smoother holiday travel is expected for Europe and North America, airlines and airports which learned tough lessons on holiday travel in 2022, are taking a more prudent approach as global traffic rebounds roughly to pre-pandemic levels. Despite extensive planning and hiring this year, some airlines and airports are still wrestling with industry staff shortages, including baggage handlers. Germany's Lufthansa AG (LHAG.DE) said it has cut summer flights by an unspecified amount due to shortages of personnel like ground handlers at airports in Frankfurt and Munich. U.S. Customs and Border Protection and the Canada Border Services Agency were not immediately available to comment on staffing.

☆ Some passengers were 'crying' after an oven caught fire on their flight to South Africa
▼ + stars: | 2023-02-11 | by ( Stephanie Stacey | ) www.businessinsider.com time to read: +2 min

An oven fire broke out on a KLM flight from Amsterdam to Johannesburg on Thursday. "There was a lot of crying," passenger Tiana Cline told Insider. "There was a lot of crying," Tiana Cline, who was on the flight, told Insider. Flight attendants told passengers seated at the back of the plane to move down the aisle to avoid inhaling the thick smoke coming from the oven, Cline said. One of the stewards emerged looking like a "chimney sweep" after being enveloped in thick smoke, she said.

☆ Nightlife safe space for LGBTQ+ community tested in Amsterdam
▼ + stars: | 2023-01-19 | by ( Charlotte Campenhout | ) www.reuters.com time to read: +1 min

[1/6] Drag queen Divina stands at Reguliersdwarsstraat near safe space "Dress & Dance" which offers people a place to change before and after they go out so that they don't have to walk down the street in their going-out outfit, in Amsterdam, Netherlands January 14, 2023. REUTERS/Piroschka van de WouwAMSTERDAM, Jan 19 (Reuters) - A hair salon in Amsterdam's nightlife district opened after hours at the weekend to offer a safe space for members of the LGBTQ+ community who do not feel safe in the city to dress before going out for the night. The "DRESS&DANCE" pilot project was organised by students at the InHolland University and Maud Gussenhoven, who manages the city's central Reguliersdwarsstraat street. "It is sad that this is needed but there have been incidents that have made people feel unsafe," said Gussenhoven. Reporting by Charlotte Van Campenhout Editing by Alexandra HudsonOur Standards: The Thomson Reuters Trust Principles.

LONDON, Nov 28 (Reuters) - Paris' luxury-laden stock exchange is now worth more than London's. France's CAC All Shares index (.PAX) is now worth almost $3 trillion, making it Europe's largest stock market by value thanks to demand for its luxury-retailer blue chips. Reuters GraphicsFUND FLOWSSo far in 2022, funds investing in UK stocks have seen record outflows of 23 billion euros, according to Refinitiv Lipper, up from almost 18 billion euros last year and the 14.6 billion euros shed in 2016, when Britain voted to leave the European Union. Annual outflows from French equity funds are much smaller - at 2 billion euros this year. FX MATTERSIt's also worth noting that currency comes into play when measuring the size of London's market against Paris' in dollar terms.

☆ Startups trying to turn cities into carbon sinks to fight climate change have raised a record $2.2 billion this year, new report shows
▼ + stars: | 2022-11-22 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +6 min

Green construction startups have raised a record $2.2 billion in 2022, per VC firm A/O PropTech. The construction and operation of buildings account for 37% of global CO2 emissions from energy use, according to the UN. The adoption of bio-based materials, such as wood, and a circular approach to construction can help cities become carbon sinks, the report stated. A carbon sink is when something can store more carbon emissions than it produces. Most building materials are currently "down-cycled" and used for things like filling potholes, she added.

☆ Judges to rule in murder trial for 2014 downing of flight MH17 over Ukraine
▼ + stars: | 2022-11-17 | by ( ) www.reuters.com time to read: +2 min

MH17 was a passenger flight shot down over eastern Ukraine on July 17, 2014, killing all 298 passengers and crew. At the time, the area was the scene of fighting between pro-Russian separatist and Ukrainian forces, the precursor of this year's conflict. Moscow denies any involvement or responsibility for MH17's downing and in 2014 it also denied any presence in Ukraine. They were charged with shooting down an airplane and with murder in a trial held under Dutch law. Judges will begin reading the verdict at 1:30 p.m. local time (1230 GMT) at the high-security court next to Amsterdam's Schiphol Airport.

☆ People with disabilities rate the top 10 cities that are easiest for them to travel around
▼ + stars: | 2022-11-10 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +6 min

The Valuable 500, a business coalition, released its list of the top 10 most accessible cities in the world. Over 95% of pedestrian walkways, taxi stands and bus shelters in Singapore are also accessible to wheelchair users, seniors or other individuals with disabilities. United StatesLas Vegas The "sheer number" of accessible hotel rooms in Las Vegas makes the city a stand-out choice for travel. Orlando Orlando is well known for being home to iconic theme parks such as Walt Disney World, SeaWorld and Universal Studios Florida. Amsterdam is one of the most bike-friendly cities in the world, with an extensive network of bike lanes.

☆ Climate activists swarm private jets at Amsterdam airport to protest pollution
▼ + stars: | 2022-11-05 | by ( Ashley Capoot | ) www.cnbc.com time to read: +2 min

Hundreds of climate activists swarmed a private jet section of Amsterdam's Schiphol Airport on Saturday as part of a day of demonstrations in and around the airport. The environmental groups Greenpeace and Extinction Rebellion organized the demonstrations to protest the aviation industry's pollution and greenhouse gas emissions, as well as local noise pollution, according to the organizations. The wealthy elite are using more private jets than ever, which is the most polluting way to fly," Dewi Zloch of Greenpeace Netherlands said in a statement. The Dutch government is reportedly considering whether to include private jet traffic in its climate policy. The government in June announced a 440,000-person cap on annual passengers at the airport, citing air pollution and climate concerns.

☆ Activists block private jet traffic at Schiphol Airport
▼ + stars: | 2022-11-05 | by ( Laurie Goering | ) www.reuters.com time to read: 1 min

[1/5] Climate activists protest against environmental pollution from aviation at Amsterdam's Schiphol Airport, in Schiphol, Netherlands November 5, 2022. REUTERS/Piroschka van de WouwAMSTERDAM, Nov 5 (Reuters) - Environmental activists rushed onto the area where private jets are kept at Amsterdam's Schiphol Airport on Saturday in an attempt to block them from departing. Hundreds of people had gathered in and around the airport for a demonstration against pollution organized by Greenpeace and Extinction Rebellion. No delays in commercial flights were reported as of the early afternoon. Reporting by Toby Sterling; Editing by Toby ChopraOur Standards: The Thomson Reuters Trust Principles.

☆ Disputed oil sketch in Dutch museum is a Rembrandt, research finds
▼ + stars: | 2022-11-03 | by ( ) www.reuters.com time to read: +2 min

AMSTERDAM, Nov 3 (Reuters) - A disputed oil sketch was painted by Dutch master Rembrandt, researchers have concluded after two years of study. Museum Bredius, which is in possession of the sketch, said on Thursday that the discovery was first made by Dutch art historian Jeroen Giltaij when he was conducting research for his soon-to-be-published book on Rembrandt paintings. "From the start, I was certain that this sketch must be a Rembrandt", Giltaij told Reuters. After performing a restoration on the sketch, Museum Bredius agreed with Giltaij and contacted Amsterdam's Rijksmuseum, home to Rembrandt's masterpiece "Nightwatch." Its researchers performed a technical analysis on the small oil sketch.

☆ London, Paris, Frankfurt and beyond: CNBC names Europe's best hotels for business travel
▼ + stars: | 2022-10-04 | by ( Monica Buchanan Pitrelli | ) www.cnbc.com time to read: +10 min

CNBC Travel and the market data firm Statista today release a ranking of the "Best Hotels for Business Travelers" in Europe. FrankfurtSofitel Frankfurt Opera JW Marriott Hotel Frankfurt Best Western Premier IB Hotel Friedberger Warte Le Meridien Frankfurt Steigenberger Airport Hotel FrankfurtSofitel Frankfurt Opera Source: Sofitel Frankfurt OperaThe Sofitel Frankfurt Opera is on Opera Square, or the Opernplatz, near the city's famed opera house. ParisLe Bristol Paris Les Jardins du Faubourg Kimpton - St Honore Paris Pullman Paris Center-Bercy Le MeuriceLe Bristol Paris Source: Le Bristol Paris | Claire CocanoGuests of Le Bristol Paris can count President Emmanuel Macron as a neighbor — Elysee Palace, the official residence of France's president — is just steps away. StockholmGrand Hotel Stockholm Radisson Blu Waterfront Hotel Stockholm Hotel At Six Bank Hotel Lydmar HotelGrand Hotel Stockholm Source: Grand Hotel StockholmTying for No. ViennaPalais Coburg Hotel Residenz Hotel Sans Souci Wien The Ritz-Carlton, Vienna The Harmonie Vienna Grand Hotel Wien This grand hotel built in 1845 is the former home of Austrian royalty.

☆ Amsterdam's Rijksmuseum crawling with giant ants
▼ + stars: | 2022-09-16 | by ( Charlotte Campenhout | ) www.reuters.com time to read: +2 min

The exhibition Casa Tomada from artist Rafael Gomezbarros is displayed at Rijksmuseum in Amsterdam, Netherlands September 16, 2022. REUTERS/Piroschka van de WouwAMSTERDAM, Sept 16 (Reuters) - Amsterdam's Rijksmuseum, home to Dutch masterpieces like Rembrandt's "Nightwatch", will temporarily have its walls and windows overrun by 700 giant ants, as part of a new exhibit. By breaking artwork conventions, "House Taken," by Colombian artist Rafael Gomezbarros, wants to draw attention to migration and forced displacement. "The ants symbolise the industriousness, resilience and cooperative spirit of people", Rijksmuseum curator Julia Kantelberg explained, adding that letting people make their own associations is part of the artwork's goal. It focuses on the ever-changing perceptions of crawly creatures, such as ants but also toads, snakes and spiders, in the arts and sciences.

Search resuls for: "Amsterdam's"

20 mentions found