The ice cream division of Unilever will go to the Amsterdam stock exchange in mid-November. The division, which includes Magnum, Cornetto and Ben & Jerry’s, will then be officially spun off. Unilever announced this with its half-year figures, in which the company reported higher sales and profit. The British food group, which also owns Knorr, […]
Fewer and fewer people are in arrears on their mortgage, reports the Bureau Krediet Registratie (BKR) foundation. It sees that people are more often able to pay their mortgage without problems. According to the foundation, more than 30,000 people had a mortgage arrears in June. That was less than in the same period last year.
Shell has made less profit in recent months than a year earlier, but the decline was smaller than expected. The company faced falling oil prices, which showed large fluctuations. Nevertheless, the company is buying back 3.5 billion euros worth of its own shares. Profit for the past quarter amounted to 3.8 billion euros, Shell reported
Chinese e-commerce company JD.com has bid 2.2 billion euros for German Ceconomy, the company behind MediaMarkt and Saturn. The two companies reached an agreement on that bid on Wednesday evening. Earlier this month, there were already rumors about advanced talks about a bid and a possible takeover. That bid was made on Wednesday evening. The
Air France-KLM has achieved significantly higher profits in recent months compared to the same quarter last year. The group experienced increased revenue and lower fuel costs. The company transported over 27 million passengers, also more than last year. Revenue rose to over 8.4 billion euros, Air France-KLM writes in a press release on Thursday. This
The New Zealand government approved a bill on Thursday to allow offshore oil and gas extraction again. The country hopes to alleviate energy shortages with this, but environmental organizations are concerned about climate goals. The previous government of the country had banned it in 2018. That was part of the plan of then Prime Minister
Tata Steel Nederland has generated more revenue and profit in the past quarter than a year ago. The Indian parent company Tata Steel is doing well overall, although it sees increasing uncertainty due to the heavy steel tariffs imposed by the United States. According to the new Tata Steel figures, revenue amounted to over 1.5
The Federal Reserve leaves the interest rate in the US unchanged. The American central bank is not giving in to pressure from President Donald Trump, who has repeatedly insulted Fed Chairman Jerome Powell for refusing to lower interest rates. As a result, the US interest rate remains at 4.25 to 4.5 percent. “Unemployment is low
Stellantis, the parent company of Opel, Peugeot, Citroën, and DS, has used cheat software to make the emission figures of diesel cars appear lower. That is the verdict of the Amsterdam court on Wednesday. In 2015, similar software was discovered in diesels at Volkswagen. The reason for the lawsuit is a mass claim by three
Schiphol has wrongly terminated a contract with construction companies Ballast Nedam and TAV, according to the Amsterdam court. They were supposed to build the A-pier for the airport, but Schiphol was dissatisfied and stopped the collaboration. This may now cost the airport a lot of money. The construction companies received the news in 2021 and