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United States

Bart H. Meijer

Bad loans and money laundering curbs take toll on ABN Amro

Feb 13 2019

AMSTERDAM Rising bad loans and a big investment in improving anti money-laundering controls pushed fourth quarter net profit from Dutch bank ABN Amro way below analysts' expectations, prompting a sell-off in its shares.

Philips shifting 'hundreds of millions' of production due to trade war

Jan 29 2019

AMSTERDAM The trade war between Washington and Beijing is forcing Dutch health technology company Philips to move "hundreds of millions" of euros worth of production from the United States to China, and vice versa, to avoid punitive tariffs.

Dutch citizens demand end to quake-hit Groningen gas production

Jan 17 2019

THE HAGUE Angry Dutch citizens on Thursday asked their country's highest court to put an immediate end to natural gas production in the Groningen region due to the risk of earthquakes.

Delivery Hero cedes German market to Takeaway.com

Dec 21 2018

AMSTERDAM Takeaway.com and Delivery Hero have settled a costly struggle for supremacy in the German food delivery market, with Takeaway agreeing to buy its larger rival's businesses there for 930 million euros ($1.1 billion). | Video

Strong Dutch economy puts ABN Amro on track for higher dividend

Nov 07 2018

AMSTERDAM 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.

UPDATE 2-Strong Dutch economy puts ABN Amro on track for higher dividend

Nov 07 2018

* ABN Amro says impairments fall as Dutch economy grows (ADDS CFO quotes, more detail, analyst comment, share price reaction)

Lawyer of freed Christian woman leaves Pakistan a 'prime target'

Nov 05 2018

THE HAGUE The Pakistani lawyer who helped free a Christian woman sentenced to death for blasphemy said on Monday he had been forced to flee to the Netherlands for his life, and has no idea where his client is.

ECB to start rate hike discussions in January: Knot

Oct 08 2018

AMSTERDAM The European Central Bank (ECB) will have to start discussing the timing of an interest rate hike in January, while the risks related to ultra-loose financial conditions continue to rise, Dutch central bank governor Klaas Knot said on Monday.

Dutch PM stands by plan to axe tax to woo big business

Sep 21 2018

AMSTERDAM Dutch Prime Minister Mark Rutte will push ahead with plans to scrap the country's dividend tax, he said on Friday, warning that failure to do so could prompt Unilever and Shell to move their headquarters elsewhere.

Dutch bank ING fined $900 million for failing to spot money laundering

Sep 04 2018

AMSTERDAM Dutch bank ING Groep NV admitted criminals had been able to launder money through its accounts on Tuesday and agreed to pay 775 million euros ($900 million) to settle the case.

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