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Netherlands

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  • STOCKHOLM— Lufthansa could face "unlimited" compensation claims for the crash that killed 150 people in the French alps and it would be difficult, even counterproductive, for the German carrier to try to avoid liability, experts said Friday. "So more or less you will have unlimited financial damage," said Marco Abate, a German aviation lawyer. To avoid liability, a...

  • AMSTERDAM, March 27- The Amsterdam region suffered a power blackout of more than five hours on Friday that hit a million households, forced flights to divert from Schiphol airport and disrupted national public transport networks. After more than two hours without power, lights switched back on in the Amsterdam financial district and gradually returned to...

  • AMSTERDAM, March 27- Lights were coming back on in the Amsterdam region after a power outage on Friday morning that lasted over two hours and caused blackouts across the city, including at its airport, public transport, hospitals and its financial district. Major delays were expected at Amsterdam's Schiphol airport as a result of the outage, which briefly caused...

  • THE HAGUE, Netherlands— The Dutch government is delaying a decision on the sale of nationalized bank ABN Amro amid anger at pay rises recently given to the bank's directors. Finance Minister Jeroen Dijsselbloem says in a brief letter to lawmakers Friday that the decision on selling ABN Amro, which was to have been taken by the end of March, has been postponed.

  • AMSTERDAM, March 27- Power had been restored at Amsterdam's Schiphol airport after a major outage hit the Dutch capital and surroundings on Friday morning, an airport spokeswoman said.

  • POWER RESTORED AT AMSTERDAM SCHIPHOL AIRPORT, BUT INCOMING FLIGHTS STILL BEING DIVERTED- SPOKESWOMAN.

  • AMSTERDAM, March 27- A major power outage hit large parts of Amsterdam and the surrounding province of North Holland on Friday, prompting the cancellation of all flights to and from the city's Schiphol airport. The outage was caused by a "technical fault" at a substation in the Amsterdam suburb of Diemen, it said on its Twitter feed. Frankfurt airport operator...

  • AMSTERDAM— Trains, trams and planes ground to a temporary halt Friday in and around Amsterdam as a huge power outage hit the Dutch capital and surrounding towns. TenneT said the cause was an outage at a high-voltage power station in the town of Diemen, just outside Amsterdam. The national railroad service said that no trains were running in and around Amsterdam.

  • AMSTERDAM AIRPORT SCHIPHOL CANCELS FLIGHTS AFTER MAJOR POWER OUTAGE- AIRPORT SPOKESWOMAN.

  • AMSTERDAM, March 27- A major power outage hit Amsterdam and surrounding areas on Friday, as Dutch grid operator TenneT reported an overload on its power lines. The ANP news agency said the outage, which covered large parts of the province of North Holland including the nearby broadcasting centre of Hilversum, was caused by a fault at a high-voltage electricity...

  • AMSTERDAM, March 27- A major power outage hit the Dutch capital Amsterdam and surrounding areas on Friday, as Dutch grid operator TenneT reported an overload on its power lines. The ANP news agency said the outage covered large parts of the province of North Holland, including the nearby broadcasting centre of Hilversum. Schiphol airport had a temporary outage...

  • MAJOR POWER OUTAGE HITS DUTCH CAPITAL AMSTERDAM, SURROUNDING AREAS.

  • AMSTERDAM, March 26- A Dutch regulatory agency raided the Amsterdam offices of taxi hailing service Uber on Thursday in connection with its UberPOP unit after a court deemed it illegal in December. Amsterdam newspaper Het Parool reported the company saying the raid was a "warning to international start-ups, technology companies and multinationals that...

  • LONDON, March 26- From the shabby streets of east London, some of the brightest minds in technology and banking are plotting a revolution. Investment in fintech firms in Britain and Ireland swelled to $623 million last year, more than double the $264 million seen in 2013 and representing 42 percent of fintech investment in Europe, according to research by...

  • *Market cautious on developments in Yemen; oil firms gain. TOKYO, March 26- Japan's Nikkei share average dropped on Thursday as investors sold semi-conductor and other hi-tech shares after their U.S. peers were sold off sharply following soft U.S. economic data. News that Saudi Arabia and Gulf Arab countries had launched military operations in Yemen to beat back...

  • Nikkei tumbles as semi-conductor shares take hit Wednesday, 25 Mar 2015 | 10:34 PM ET

    *Market cautious on developments in Yemen; oil firms gain. TOKYO, March 26- Japan's Nikkei share average dropped on Thursday as investors sold semi-conductor and other hi-tech shares after their U.S. peers were sold off sharply following soft U.S. economic data. Oil-related shares bucked the trend and rose 1.0 percent as oil prices firmed after Saudi Arabia and...

  • WASHINGTON— The world's largest oil services company, Schlumberger Ltd., has agreed to a penalty of more than $232 million and one of its subsidiaries will plead guilty to trade sanctions violations, the Justice Department announced Wednesday. The criminal case against Schlumberger Oilfield Holdings Ltd. resolves a yearslong investigation into...

  • HALTERN, Germany— A stunned German town mourned 16 students who went down aboard Germanwings Flight 9525 on their way home Tuesday from a Spanish exchange, while the opera world grieved for two singers who were returning from performing in Barcelona— one of them with her baby. "This is surely the blackest day in the history of our town," a visibly shaken Mayor Bodo...

  • Prosecutors demand 5-year sentence for horse meat fraud Tuesday, 24 Mar 2015 | 12:37 PM ET

    THE HAGUE, Netherlands— Prosecutors are seeking a five-year prison sentence for the owner of a Dutch meat processing plant who is accused of selling horse meat as beef. At a trial Tuesday in the city of Den Bosch, prosecutors accused Willy Selten of mixing horse meat with beef "on a large scale" in 2011 and 2012. His company was investigated in 2013 as a scandal...

  • *Bailout fund to consider returning 1.2 bln euros to Greece. ATHENS/ BERLIN, March 24- Greece risks running out of cash by April 20 unless it secures fresh aid, a source familiar with the matter told Reuters on Tuesday, leaving little time to convince sceptical creditors it is committed to economic reform. After talks with EU leaders including German Chancellor...