Europe News Netherlands

  • Utrecht, Netherlands, Sept 19- Coming to a stop outside yet another front door on Utrecht's narrow streets, 25- year-old Susann Huber gets out of her electric minivan, pulls out a crate of groceries and hands them over to a waiting customer. Statistics Netherlands on Wednesday said that 29 percent of Dutch households ordered groceries at least once online in...

  • AMSTERDAM, Sept 19- Shareholders in Brazilian state oil company Petroleo Brasileiro SA will have their demands for compensation over corruption at the company heard in the Netherlands, a Dutch court ruled on Wednesday. The district court in Rotterdam said a preliminary hearing of the case against Petrobras, as the company is known, will be held on Dec. 18.

  • THE HAGUE, Netherlands— The Dutch economy will grow by 2.6 percent next year and unemployment will fall to a record low of 3.5 percent, the government said Tuesday as it presented its budget plans for the coming year. King Willem-Alexander unveiled the economic projections while opening the new parliamentary year with a speech to both houses of parliament that...

  • PARIS, Sept 18- The Renault-Nissan-Mitsubishi carmaking alliance said on Tuesday it will adopt Alphabet's Google Android operating system, handing a victory to the U.S. tech giant as it pushes for a bigger share of the infotainment market. The move, first reported by the Wall Street Journal, leans more heavily on Big Tech than large or luxury rival carmakers have...

  • DETROIT— The Renault-Nissan-Mitsubishi alliance, one of the world's top-selling automakers, has decided to go with Google's Android operating system to run its dashboard information and entertainment features. They'll also be able to download auto-specific apps, such as those that find and pay for parking spaces, from the Google Play Store.

  • Federal Reserve Chairman Jerome Powell gives testimony on the economy and monetary policy before the Senate Banking Committee in Washington, July 17, 2018.

    The Fed is facing a delicate situation because rising inflation in an economy pushing against its physical limits to growth will be difficult to control, Michael Ivanovitch writes.

  • *Autos up 1.1 pct after new U.S.- China talks. LONDON, Sept 13- Europe's trade-sensitive autos and mining shares climbed on Thursday on news of fresh U.S.- China trade talks, though the broader market lost momentum after central bank decisions and new U.S. sanctions on Russian and Chinese tech firms. Autos shares rose 1.1 percent after U.S. officials invited China...

  • LONDON/ TOKYO, Sept 13- At least 20 financial firms are applying for licenses to operate in Amsterdam in preparation for Britain's departure from the European Union, a source with knowledge of the matter said. Amsterdam has been competing aggressively with Frankfurt, Paris and Dublin to attract business from London, all of which have chalked up recent major...

  • *Autos up 0.7 pct, miners up 0.9 pct after new U.S.- China talks. LONDON, Sept 13- Europe's trade-sensitive autos and mining shares gained on news of fresh talks between the U.S. and China on Thursday, helping the market gain while investors traded hesitantly ahead of European Central Bank and Bank of England decisions. Autos shares rose 1.5 percent and mining...

  • THE HAGUE, Netherlands— McDonald's customers in the Netherlands will soon be able to buy fast food for their electric cars as well as themselves. While electric cars are increasingly popular in the Netherlands, the country's network of public quick-charging stations is still small. Separately, Google says it's signed a deal to buy 190 MW of energy from three...

  • The tribunal unanimously held that a $9.5 billion pollution judgment by Ecuador's Supreme Court against Chevron "was procured through fraud, bribery and corruption and was based on claims that had been already settled and released by the Republic of Ecuador years earlier." Texaco, which Chevron acquired in 2001, was released from liability through a...

  • The tribunal unanimously held that a $9.5 billion pollution judgment by Ecuador's Supreme Court against Chevron "was procured through fraud, bribery and corruption and was based on claims that had been already settled and released by the Republic of Ecuador years earlier." American lawyer Steven Donziger won an $18 billion judgment in 2011, representing...

  • Sept 7- Chevron Corp said on Friday an international tribunal ruled in its favor and that Ecuador had violated its obligations under international treaties. The tribunal unanimously held that a $9.5 billion pollution judgment by Ecuador's Supreme Court against Chevron "was procured through fraud, bribery and corruption and was based on claims that had been...

  • *Chairman Paul Brough steers company from near-death. SINGAPORE, Sept 4- In May 2017, Paul Brough had just assumed the chairmanship of Noble Group and immediately faced a room full of angry bankers demanding their money back from the struggling commodity trader. At the meeting in Amsterdam in late May, banks were shocked by a recently reported quarterly loss and...

  • *Case covered 2010-16; ING says it regrets failings. ING is the third European bank to be hit by money laundering allegations this year, with Denmark's Danske Bank facing ongoing investigations and problems that led to the failure of Latvia's ABLV. They found ING violated Dutch law on preventing money laundering and financing terrorism "structurally and for...

  • THE HAGUE, Sept 3- Mauritius tried to persuade judges at the World Court on Monday to find that it was illegally stripped by Britain of another Indian Ocean archipeligo, the Chagos Islands, now home to a major U.S. air base. Britain in 1965 detached the Chagos Islands from its colony of Mauritius, which became independent three years later while the sparsely...

  • THE HAGUE, Sept 3- Mauritius argued at the International Court of Justice on Monday that Britain had unduly pressured it to give up the Chagos Islands in 1965 in exchange independence, as it weighed claims to the archipelago which now houses a major U.S. military base. Britain in 1965 detached the Chagos Islands from Mauritius, a British colony that became...

  • THE HAGUE, Sept 3- The legality of Britain's claim to the Chagos Islands in the Indian Ocean, which house a major U.S. military base, will be considered by the International Court of Justice on Monday when it starts a week of hearings. Mauritius petitioned the United Nations for an International Court of Justice opinion on the legality of Britain's possession of...

  • FRANKFURT/ LONDON, Aug 30- The surging costs of carbon permits have caused some of Europe's biggest utilities to lock in purchases in advance, while nuclear and hydro firms are benefiting from the knock-on effect on power prices. Carbon permits traded under the EU's Emissions Trading System have become the best performing commodity this year, almost trebling...

  • BRUSSELS, Aug 23- CK Hutchison is set to win EU approval for its 2.45 billion euro deal to buy out Veon from an Italian joint venture after reaffirming a pledge to help rival Iliad's business in Italy, a person familiar with the matter said. Hutchison and Amsterdam- based Veon, formerly known as VimpelCom, won the European Commission's approval for their Wind Tre...