Economics

Economics

No tax fine of 106 million euros for Lucky Strike manufacturer

The Amsterdam Court of Appeal Has Oversurned a Fine of 106 Million Euros for the British Tobacco Company British American Tobacco. Previously, a Lower Court had impressed the fine because the company was Said to have deliberately paid too little tax. The Court Has Overturned the Fine of 106 Million Euros for British American Tobacco […]

Economics

Number of bankruptcies continues to fall: 16 percent less in August

The Number of Bankruptcies Continues to Decline. In August, 278 Companies Went Bankrupt, Accordance to Statistics Netherlands (CBS). That is 54 ferwer than in August 2024, a decrease or 16 percent. Among Others, Potato and Fries producer CĂȘlavĂ­ta Filed for Bankruptcy in August. Furthermore, Packaging Company Paardekooper and Many Subsidiaries of Shoe Brand van Lier

Economics

PostNL expects to send packages to USA this month

PostNL expects to be able to ship a Large Portion of the Packages Destined for the United States Again This Month. Last Month, The Postal and Parcel Company, Like Many European Peers, Stopped Doing So Due to Uncertainty About A Legislative Amendment. A Spokesperson Tells News Agency ANP that all business and return shipments can

Economics

Slovakia puts brake on nineteenth EU sanction package against Russia

Slovakia will no longer support new EU sanctions against Russia. That is what Slovak Prime Minister Robert Fico said on Thursday at a press conference. According to him, earlier sanctions have not influenced the war in Ukraine, while they are struggling the European economy. Fico does not see the usefulness of the sanction packages. Nevertheless,

Economics

American production sector shrinks despite Trump rates

While US President Donald Trump Promised to Make the Industry Flourish, Thousands of Jobs Are Disappeaating in the United States. In August Alone, Twelve Thousand Jobs Disappeared in the Production sector. Since April, That Number Has Even Reached 42,000, CBS News Reports Based on Figures from the Center for American Progress (CAP). Companies that produce

Economics

Rest returns to Schiphol after strike KLM soil staff on Wednesday

After the KLM Ground Staff Strike on Wednesday at Schiphol, The Biggest Storm Seems to Have Subsided. Most flights are running smoothly on Thursday. Only a few aircraft are Departing with Slight Delays, Accordance to a KLM Spokesperson. There are no canelations on Thursday. The Airline Canceled More Than A Hundred Flights on Wednesday from

Economics

Bijenkorf tapped on the fingers because of vague sustainability claims

The Bijenkorf Has Adjusted and Removed Vague Sustainability Claims On Its Website After Criticism from the Netherlands Authority for Consumers & Markets (ACM). Accordance to the regulator, The Department Store Chain Primarily Used General and Unclear Claims That Were Not Well Substantiated, Especary for Clothing and Cosmetics. The Department Store Chain Used Terms Such As

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