The Groningen distillery Hooghoudt will close at the end of this year, director Martin Strijtveen confirmed to the ANP following reports from regional media. The production of the 137-year-old company will be moved to Ghent, where parent company La Martiniquaise already has a branch. According to Strijtveen, Hooghoudt has been suffering losses for a number […]
The prices of more and more chocolate products are increasing. Hershey, the company behind Reese’s Peanut Butter Cups, among others, announced on Tuesday evening that it is raising its prices. The news came shortly after the Swiss manufacturer Lindt announced that it had also increased its prices in the first half of the year. The
A Paris investigating judge has ruled that a criminal trial should be held against French Minister of Culture Rachida Dati and a former top executive of Renault-Nissan, Carlos Ghosn. They are suspected of corruption and abuse of power during the period when they both worked for the car company. The 59-year-old Dati is currently one
The American General Motors, manufacturer of car brands Chevrolet, Buick, Cadillac and GMC, felt the pain of import duties in their own country last quarter. According to the company, the taxes ate 1.1 billion dollars (around 941 million euros) of the profit. General Motors (GM) achieved a net profit of 1.9 billion dollars, 35 percent
Lindt & Sprüngli has had to make its chocolate almost 16 percent more expensive to compensate for the high cocoa costs. The Swiss chocolate maker speaks of a successful first half-year despite a turbulent market. Cocoa prices are rising to record highs, Lindt & Sprüngli writes about the performance in the first half of 2025.
More and more drones are flying over the Port of Rotterdam. Therefore, the organization will manage the airspace more. The drones are mainly from companies and governments, but the Port of Rotterdam also wants to better protect the port against unwanted drones. The Port of Rotterdam announced the decision with the half-year figures. In recent
The British caterer Compass Group is acquiring the Dutch counterpart Vermaat Groep. The company is paying 1.5 billion euros to Vermaat’s current owner, the British investor Bridgepoint. Vermaat Groep is a co-owner of the La Place restaurants. The acquisition by Compass Group still needs to be approved by regulators. The British buyers want Vermaat Groep
Google is increasing the prices of subscriptions for customers with Google Nest security cameras and doorbells. The most extensive subscription will be 50 percent more expensive, and the price of the basic subscription will increase by 67 percent, a spokesperson for the company confirms to NU.nl. A subscription to Nest Aware will increase from 60
The Dutch paint company AkzoNobel, known for brands such as Flexa, Sikkens, and Dulux, is struggling with disappointing sales due to global economic uncertainty. Additionally, less money is coming in because the high euro exchange rate deters foreign importers. AkzoNobel saw its turnover fall by 6 percent in the previous quarter, to over 2.6 billion
The Eindhoven-based chip manufacturer NXP saw a significant drop in profits and revenue last quarter. Profits even decreased by 32 percent. The former semiconductor division of Philips primarily supplies chips for smartphones and cars. These products are selling worse worldwide due to economic uncertainty. It is the fifth consecutive quarter that NXP has experienced shrinking