Business

It’s fascinating to see a European firm like Axelera AI gaining such significant backing to challenge the dominance of giants like Nvidia.

A major new study has found that over 20,000 people are homeless in the Amsterdam and The Hague regions, many of whom are women and children. The census also highlighted a growing crisis in Eindhoven, where over 1,500 people are without a home, prompting calls for urgent government intervention to address the national housing shortage.

The mental health organisation Phitaal has requested a suspension of payment following years of financial difficulty. While an administrator looks for a way to restart the business, health insurers have guaranteed that treatment will continue for thousands of patients across the Netherlands.

The Dutch mobile provider Odido is contacting customers following a cyberattack on its contact systems. Although service remains unaffected, personal details such as names and bank account numbers may have been accessed. Customers can avail F-secure, a digital security package for better protection. The free package offered spans 24 months.

Petrol and diesel prices have hit a two-year high due to rising oil costs and global political uncertainty. Experts warn that while unmanned stations remain cheaper, manned petrol stations are finding it harder to keep prices below the 2-euro mark.

FME has called on the Dutch government and the EU to provide clarity on US import duties after a Supreme Court ruling added to uncertainty. While the decision was described as positive, the trade group warned that President Trump could still introduce new tariffs under other laws. The status of last summer’s EU–US trade deal remains unclear.

Paulette Kreté has won the regional Woman in the Media Award for her advocacy in breast cancer screening and medical innovation. The award highlights the need for more female voices in the news, where women remain under-represented as expert sources.

Eelco Eerenberg is set to take over as the new State Secretary for Finance with a focus on overhauling the Dutch wealth tax system. The move follows the sudden withdrawal of the previous candidate and comes ahead of the new cabinet's official start on Monday. Investors remain watchful as the proposed reforms move toward the Senate for further debate.