Europe News Netherlands

  • *River is a key fuel transport hub for Europe. *Singapore traders plan to send fuel to Europe. *Asia gasoil discount over Europe: https://tmsnrt.rs/2D5fs9n.

  • AMSTERDAM, Nov 7- Dutch lender ABN Amro aims to increase dividend payouts to more than half of its net profits after strong economic growth in its domestic market pushed up earnings in the third quarter. Net profit in the latest quarter was 725 million euros, compared with 673 million euros a year earlier and 589 million euros expected by analysts in a Reuters poll.

  • *Stocks independently held in the Amsterdam- Rotterdam- Antwerp refining and storage hub declined slightly to 985,000 tonnes in the week to Thursday, according to data from Dutch consultancy PJK International. Ebob Barges $630- $6-- $635- $6 Petroin Total, Argus Litasco. Premium $651- $6-- $675- $6 Unleaded 56.75 78.

  • Dutch speciality chemicals company DSM on Wednesday beat analyst expectations with an 11-percent rise in third-quarter core profit, to 406 million euros ($460.4 million), helped by elevated vitamin prices and higher sales.

  • LONDON, Oct 29- British airline easyJet's plan to fly electric passenger jets on some of its routes by 2027 is making progress, it said on Monday, with a partner moving to the next stage of engine development. Last year, Europe's No.2 low cost carrier after Ryanair said it was aiming to use environmentally-friendly, lower-noise electric aircraft by 2027 through a...

  • *Copper seen recovering to $6,699/ T in 2019. The London Metal Exchange index of industrial metals has shed 13 percent this year, largely due to disquiet about trade tensions and slowing growth in top metals consumer China, despite signs of potential shortages of many metals. "Currently too much non-fundamental, macro noise is keeping the copper price low, but as...

  • *Copper seen recovering to $6,699/ T in 2019. The London Metal Exchange index of industrial metals has shed 13 percent this year, largely due to disquiet about trade tensions and slowing growth in top metals consumer China, despite signs of potential shortages of many metals. "Currently too much non-fundamental, macro noise is keeping the copper price low, but as...

  • LISBON, Oct 23- London's popularity among Europe's tech startup hubs has slumped as Brexit approaches and the city only kept its top spot in an European industry survey published on Tuesday by a narrow margin. The survey of 540 tech founders showed that London's popularity dropped to 41 percent in 2018 in a weighted vote, down from 55 percent in 2017. Berlin...

  • WROCLAW, Poland, Oct 19- Wroclaw's hulking Soviet-era public dormitories held little appeal for Odysseas Savvas when he moved to the Polish city from Greece to study business at university. Investors and developers sizing up the potential for new student housing projects in central and eastern Europe believe there will be many more foreign students just...

  • Oct 19- The London Stock Exchange tightened its grip on derivatives clearing on Friday in a sign of growing confidence that the threat of losing chunks of business to European Union rivals after Brexit was receding. In the first major move by the exchange's new chief executive David Schwimmer, the former Goldman Sachs banker who took the reins in August, the LSE...

  • Oct 18- Starbucks Corp said on Thursday it would give its longtime partner Mexico's Alsea SAB the rights to operate its cafes in France, the Netherlands, Belgium and Luxembourg as the coffee chain tries to streamline its operations in markets where sales have struggled. Starbucks said it will sell 83 company-owned stores in the Netherlands and France to...

  • Macroeconomic concerns continued to bedevil the industrial metals sector, even though many of the metals showed signs of supply tightness, said Warren Patterson, commodities strategist at ING Bank in Amsterdam. Federal Reserve policymakers are largely united on the need to raise borrowing costs further, minutes from their September policy meeting showed,...

  • Oct 18- Starbucks Corp said on Thursday it would give its longtime partner Mexico's Alsea SAB the rights to operate its cafes in France, the Netherlands, Belgium and Luxembourg as the coffee chain looks to trim costs and battle competition. For the Europe, Middle East and Africa region, the coffee chain said it plans to restructure its back-office support...

  • *Tin only metal in positive territory on Indonesia news. Tin gained, however, as some of the metal was suspended from trading in top exporter Indonesia. Three-month nickel on the London Metal Exchange was down 1.3 percent at $12,220 a tonne at 1023 GMT, the lowest since Sept. 18, while LME copper slipped 1.1 percent to a one-week low of $6,152 a tonne.

  • *Plant near Venice already recycling disposable diapers. MILAN/ LONDON, Oct 17- A joint venture between Procter& Gamble and Italian healthcare group Angelini is working to create a sustainable recycling loop that would allow dirty diapers to be turned into plastic bottle caps and viscose clothing. Fater, a Pescara, Italy- based business that became a joint...

  • BEIJING, Oct 17- China's economy faces increasing downward pressure, and the government will take targeted measures to prevent large fluctuations in growth, Premier Li Keqiang said while on a trip to Europe. "With the international environment being complicated and volatile, downward pressure on China's economy has increased, but we are determined, and we are...

  • The body that governs the capital's historic "Square Mile" financial district said in a report that London secured 55 inbound foreign direct investment projects in financial services last year, compared with 26 each for Dublin and Paris, 24 in Frankfurt, and 20 in New York. Top investors came from the United States, Sweden and China, while investments from the...

  • *Shares fall most since Google's September Renault contract win. AMSTERDAM, Oct 16- Shares in navigation firm TomTom slid 13 percent on Tuesday on news it had lost a contract with carmaker Volvo, renewing worries that Google's entry into in-dashboard software may hurt the Dutch firm. TomTom shares were down 13.2 percent at 6.22 euros at 1435 GMT, while...

  • THE HAGUE, Oct 16- Lithium Werks BV, a startup founded by Dutch entrepreneur Kees Koolen, said on Tuesday it had signed a 1.6 billion euro deal to build a new storage battery plant in China. The agreement is one of several commercial deals announced as Dutch Prime Minister Mark Rutte and Chinese Premier Li Keqiang met on Tuesday in the Hague. Koolen has invested 41...

  • LONDON, Oct 16- Corporate travel bookings start-up TravelPerk has raised $44 million in new venture funding and is on track to more than triple bookings to 1 million next year as it aims to transform the business travel market. The fresh round of funding will allow the company to triple the size of its engineering team and set up shop in London and Berlin, with...