Economy

The Netherlands and the United States are approaching an agreement on ASML exports to China. Sources say Financial Daily. Today, the parties will meet again to further restrict chip technology exports. According to HCSS director of political affairs Han den Broek, tensions are high now. The chips (and chip machines) that ASML exports to China may contain highly sensitive technical …

Full steam ahead Hyundai presents results for Q4 2022, and it shows the Koreans doing well. In terms of profit, turnover and sales, they are significantly better than the same period of the previous year. But it can’t continue, so Hyundai announces new investments at the same time. This includes around 8 billion euros, which is a significant portion for …

January 26, 2023 – 2:00 pm – World © The National Action Committee for Palestine and the Al Adl Wal Ihsaneh (Justice and Charity) Movement, named the largest Islamist group in Morocco, do not want a second “Negev summit” to take place in the kingdom. According to a joint statement by two Moroccan organizations, “the hasty normalization of relations with …

25 jan 2023 om 23:37Update: 7 uur geleden Donald Trump regained access to his Facebook and Instagram accounts. It also owns Facebook’s parent company Meta on Wednesday declared. The former US president could use his accounts again within weeks. Then he must comply with the terms of use. Trump’s Facebook and Instagram accounts were blocked on January 7, 2021. The …

Photo: ANP Originally a Dutch hotel booking site, Booking.com has reached a settlement with French tax authorities in a long-running dispute over tax avoidance. The company, which is part of US-based Booking Holdings, confirmed this to French news agency AFP. Booking.com pays 153 million euros to French tax authorities. The agreement covers fiscal years 2006 through 2018 and excludes subsequent …

25 jan 2023 om 12:29Update: 2 uur geleden If the US has its way and export restrictions on chip machines are further expanded, this could have unintended consequences. ASML CEO Peter Wennink says this in an explanation to NU.nl Annual statistics Company from Veldhoven. The chip machine maker accidentally ended up at the heart of the so-called geopolitical debates. “It …

Former British Prime Minister Boris Johnson.Image by AFP According to the BBC chairman, the debt is unrelated to his appointment by the government, but the appearance is against him. The issue heightens the smell of corruption within the Conservative government. Also in trouble this week was party leader Nadim Zahavi, who, also a former finance minister, agreed to a £5m …

Cabinet is ready to consider supply of modern Leopard 2 main battle tanks to Ukraine. “The decision hasn’t been made yet, but we certainly haven’t ruled it out,” a spokesman for Prime Minister Mark Rudd told ANP. The Netherlands had no tanks, but leased eighteen Leopard 2 tanks from Germany. Earlier on Tuesday, Rutte told international media in Brussels that …

Both the Netherlands and Japan will soon join China-targeted export restrictions on chip manufacturing machinery. An agreement on the matter is expected by the end of January. sources told the news agency Bloomberg. In October, the United States (US) announced measures against exports of chip manufacturing machinery to China. American companies are no longer allowed to export machinery to the …

Earnings season is really in full swing. Expectations were particularly low, with profits falling by more than 4 percent on average. Till date, 55 companies have opened their books. And guess what? 67 percent of them still post higher-than-expected profits. This is lower than the average of the last five and ten years. On average, companies that have reported so …