Business

AI developer Anthropic is reportedly finalizing a new funding round next week to raise more than 30 billion dollars. The investment could push the valuation of the Claude chatbot creator past 900 billion dollars, overtaking rival OpenAI. Both artificial intelligence firms are also rumoured to be preparing for stock market listings later this year.

The Amsterdam benchmark AEX index hit an all-time intraday high of 1,044.63 points on Friday, driven by market optimism following comments from US officials hinting at a swift end to the conflict with Iran. Despite ongoing disputes over uranium stockpiles and the continued closure of the Strait of Hormuz—which pushed Brent crude prices up to $105.19 a barrel—European markets rallied broadly, with payment firm Adyen leading the Amsterdam gains. The morning session was further shaped by major corporate deals, including a formal €7.8 billion takeover bid for locker company InPost by a FedEx-led consortium, a €160 million European and Australian tech division sell-off by recruitment firm Randstad to LTM, and a €10.7 billion private buyout bid for Italian pharmaceutical company Recordati by a consortium led by CVC.

The Dutch government has approved a three-year ban on the trade of goods from illegal Israeli settlements in the occupied Palestinian territories and the Syrian Golan Heights, while exploring whether the restrictions can legally expand to services and investments. The independent move follows a lack of support for an EU-wide boycott, with ministers citing deep concerns over how settlement expansion and settler violence are undermining a two-state solution. While the ban applies to both direct imports and Dutch companies operating abroad, Ministers Tom Berendsen and Sjoerd Sjoerdsma warned parliament that enforcing the measure will face practical limits, prompting the Netherlands to coordinate with nations like Belgium to boost its effectiveness.

While companies broadly support a new law forcing businesses with over 100 employees to report on gender pay gaps from 2027, many are sounding warnings over increased red tape and privacy risks. Major employers agree that pay transparency boosts workplace satisfaction, but firms like PwC and Fastned urge that reporting must stay simple and include proper context, as raw numbers can obscure justified salary differences. Furthermore, accounting firm KPMG has raised concerns that the current proposal fails to fully protect employee privacy, threatening to expose individual salaries to colleagues.

For the first time in years, the average mortgage for first-time buyers has stopped growing, signaling that new buyers have hit their financial limit. With property prices up 5% this March, many are forcing themselves into smaller homes or cheaper areas just to get a foot on the property ladder. Meanwhile, existing homeowners are using their equity and higher incomes to buy bigger properties, widening the gap between those buying their first home and those moving up it.

ASN Bank plans to double its mortgage market share to 15% by simplifying and speeding up the application process for homebuyers. The bank is currently focusing on internal improvements, such as anti-money laundering measures, following previous regulatory fines. Consequently, management has paused new product launches and AI experimentation for the foreseeable future.

Ikea plans to cut 850 jobs worldwide as Inter Ikea restructures to reduce costs and speed up decisions. The company says the group has become too complex and wants a simpler structure. It remains unclear whether Dutch jobs will be affected.

At the invitation of Rob Jetten, the Prime Minister of the Netherlands, Prime Minister Narendra Modi visited the Netherlands on May 15-17, 2026. Prime Minister...