Tuesday, June 9, 2026
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Business

Rabobank reports second-highest profit despite trade tensions

Rabobank has reported its second-highest annual profit, despite setting aside more money for potential loan losses linked to global trade tensions. The bank says customers are largely coping well so far, even as it prepares for possible economic disruption. Its strong capital position has opened the door to future growth and acquisitions.

Dozens of reports of illness follow baby food recalls

Parents in the Netherlands have reported illnesses in children linked to recalled baby food from Danone and Nestlé. Health authorities are currently investigating these reports and checking additional products for the presence of a toxic substance.

D66 and CDA reveal ministerial line-up for new Jetten cabinet

The D66 and CDA have finalised their list of ministers and state secretaries for the new government under Rob Jetten. The appointments bring together experienced civil servants, former parliamentarians, and local leaders to tackle pressing issues like the nitrogen crisis and climate change. With a multi-billion euro fund restored for agriculture and a firm focus on digital sovereignty, the new cabinet is preparing to take office.

EU warns Meta for blocking competition on WhatsApp

The European Commission has escalated its antitrust case against Meta over new WhatsApp rules that block rival AI tools from reaching users. The EU has issued a formal Statement of Objections and is weighing interim measures that could force Meta to reopen access while the investigation continues. The outcome could reshape how major tech platforms are allowed to control access to AI services in Europe.

Tata Steel profits surge on strong Indian demand

Tata Steel has reported a sharp increase in quarterly profits, driven by high demand within the Indian market. The company also saw improved results from its Dutch operations despite rising costs and looming changes to European trade regulations.

Dutch online shopping growth to continue in 2026

A new retail forecast suggests that Dutch shoppers will continue to embrace digital storefronts in 2026, driven by a blend of online research and physical browsing. While overall retail spending is set to rise slightly as inflation eases, shopkeepers must navigate rising costs and fierce competition from global webshops. Meanwhile, a notable boom in the DIY in home improvement sector is trend.

ECB: Impact of stable interest rates

The European Central Bank’s latest interest rate decision offers eurozone households a rare dose of financial calm. Borrowing costs are no longer rising, and...

ECB: stable interest rates for the fifth consecutive time

The European Central Bank (ECB) remains in a good position regarding its interest rate policy and inflation control. This assessment came from ECB President Christine...