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Europe News Netherlands

  • *New law in Denmark forced end to Uber service there. COPENHAGEN, April 18- Uber Technologies sees opportunities to expand in the Europe Union, despite withdrawing its ride-hailing service from Denmark and facing the possibility of an EU court ruling that could mean tougher rules for the firm, an Uber executive said. "I am typically rather excited about some of the...

  • THE HAGUE, Netherlands— A tribunal brought together by a rights group that aims to highlight what it claims are abuses by U.S. seed company Monsanto Co. has delivered an advisory opinion alleging that the company "engaged in practices which have negatively impacted" people's rights to a healthy environment, food and good health. In its findings, the Monsanto...

  • A defiant Turkish President Tayyip Erdogan denounced the West's "crusader mentality" on Monday.

  • AMSTERDAM— Dutch prosecutors have arrested eight people suspected of involvement in robbing or extorting money from tourists by forcing them to pay extreme prices for journeys from Amsterdam's Schiphol Airport into the popular Dutch city. Prosecutors said Friday that one Swedish tourist was made to pay 595 euros for a ride into the city, which should cost...

  • Some of its recent activities in renewable energy include winning a contract, as part of a consortium, to build a wind farm off the coast of the Netherlands and bidding for an offshore wind license in the United States. In the Netherlands, where it is by far the largest listed company, it is lobbying the government to raise its long-term offshore wind target to give...

  • LONDON, April 13- Oil prices edged higher on Thursday after the International Energy Agency said the market was nearing balance, while data showing higher U.S. production kept gains in check. The market has been oversupplied for three years, prompting members of the Organization of the Petroleum Exporting Countries and some non- OPEC producers to agree to cut...

  • The market has been oversupplied for three years and members of the Organization of the Petroleum Exporting Countries as well as some non- OPEC producers have agreed to slash output to rein in the glut. Latest OPEC data showed members had cut March output beyond what they had promised. OPEC meets on May 25 to consider whether to extend the supply cut beyond June.

  • Some of its recent activities in renewable energy include winning a contract, as part of a consortium, to build a wind farm off the coast of the Netherlands and bidding for an offshore wind license in the United States. In the Netherlands, where it is by far the largest listed company, it is lobbying the government to raise its long-term offshore wind target to give...

  • LONDON, April 13- Oil traded flat on Thursday after weekly data indicated a continued rise in U.S. production, while an International Energy Agency report said the market was close to balance. U.S. production estimates in a weekly Energy Information Administration report suggested domestic output continued to climb, potentially undermining an OPEC- led...

  • *Shareholder Elliott Advisors threaten legal action. AMSTERDAM, April 12- A rebel shareholder in Akzo Nobel threatened the Dutch paint maker with legal action on Wednesday after the company said it would reject any proposal for a vote on dismissing its chairman at a shareholders' meeting. Fund manager Elliott Advisors is one of a group of shareholders who want...

  • FRANKFURT, April 12- Adyen, one of Europe's biggest fintech companies, saw revenue last year rise 99 percent to $727 million and expects it to double again in 2017 to around $1.5 billion, Roeland Prins, the company's chief commercial officer, said on Wednesday. The Amsterdam- based company handles cross-border payments for ecommerce giants Airbnb, Booking.com,...

  • AMSTERDAM, April 12- Rebel shareholders in Dutch paint maker Akzo Nobel want to oust the company chairman after Akzo refused to engage in takeover talks with U.S. rival PPG Industries. Elliott Investors, one of Akzo's largest shareholders, said in a statement it was one of a group of investors that meets the Dutch legal threshold of 10 percent support needed to...

  • April 11- Hedge fund Elliott Advisors is close to securing support from enough Akzo Nobel NV investors to call for an extraordinary general meeting of the Dutch paint maker's shareholders, according to people familiar with the matter. Elliott is hoping the move will add to pressure on Akzo to negotiate a potential sale to U.S. coatings manufacturer PPG...

  • LONDON, April 11- OPEC appears to be slowly winning the battle against a global overhang of crude and oil products as inventories in onshore and floating storage decline. The Organization of the Petroleum Exporting Countries explicitly said a joint deal with non- OPEC producers to cut some 1.8 million bpd in the first half of 2017 was aimed at slashing an excess...

  • LONDON, April 10- The European Medicines Agency has had expressions of interest to host the London- based regulator from 21 of the 27 countries that will form the European Union once Britain leaves, revealing rivalry from Amsterdam to Zagreb for a prized institution. The European Medicines Agency, Europe's equivalent of the U.S. Food and Drug Administration, is...

  • LONDON/ MILAN, April 10- Oil majors Royal Dutch Shell and Eni reiterated on Monday that neither they nor their personnel had been involved in any wrongdoing in Nigeria, including improper payments to Nigerian officials. A joint investigation by BuzzFeed News and Italian newspaper Il Sole 24 Ore on Sunday claims to show transactions worth $1.3 billion made in...

  • April 7- Gunvor Group Ltd, one of the world's largest oil traders, has discussed a possible sale of the company with at least two competitors, the Wall Street Journal reported on Friday, citing people familiar with the matter. However, Gunvor Chief Executive Torbjorn Tornqvist said the company had no sale plans at this time, the Journal reported.

  • LONDON, April 7- Bank of England Governor Mark Carney called on Friday for Britain and the European Union to agree to recognise each others' bank rules after Brexit, to avoid a damaging hit to financial services across Europe. Below are excerpts of the speech given by Carney at Thomson Reuters in London. For a full text of the speech:...

  • OSLO, April 7- Norway's Telenor has sold a four-percent stake in Amsterdam- based mobile network operator Veon for $259 million as part of an ongoing campaign to cut all ownership ties to the firm formerly known as Vimpelcom. After years of conflict between Telenor and Veon's biggest owner, Russian billionaire Mikhail Fridman, Telenor decided in September 2015...

  • *Plans 5 bln euro share buyback, dividend growth of 12 pct. LONDON, April 6- Unilever promised shareholders a multi-billion euro rewards package on Thursday after February's $143 billion takeover offer from Kraft Heinz jolted it into a corporate makeover aimed at proving it can go it alone. Unilever, one of Europe's biggest blue-chip stocks, called the Kraft...