Economy

Signify reports lower revenue and profit

Signify’s second‑quarter revenue and profit declined, driven by weaker European demand and higher restructuring costs. The company is shifting investment toward smart lighting and consumer products while maintaining its full‑year outlook.

IMF warns central banks about AI risks

The IMF is urging central banks to reassess financial stability risks posed by AI, warning that synchronized system reactions could trigger market shocks. Regulators must also prepare for AI-driven cyber threats, adds the De Nederlandsche Bank (DNB).

Rotterdam Port sees rise in empty container exports

Rotterdam’s port is exporting more empty containers, a sign of growing dependence on Asian imports, says CEO Boudewijn Siemons. Container volumes dipped slightly, while imports from Asia increased by 8 percent.

Summer weather boosts Action’s sales

Action’s sales jumped 14 percent to 8.3 billion euros, driven by strong demand for summer products and increased store visits. The retailer continues its rapid expansion, adding new stores across Europe and preparing for its first U.S. opening.

Industry expects a lower apple harvest, but a higher pear harvest

Dutch growers expect a smaller apple harvest this year, while pear production is set to rise. Apple acreage continues to shrink, but pear cultivation remains stable. Growers say the final weeks of the season will determine the quality of the new harvest.

Online supermarket Picnic is growing rapidly, but suffers a loss again

Picnic saw strong revenue growth in 2025 as more customers joined and its electric fleet expanded. However, the company’s continued investments in automation and international expansion led to a higher net loss. The supermarket says these costs are necessary to support long‑term growth.

Strait of Hormuz blockade puts global economy on the clock

IEA chief Fatih Birol warns that the renewed closure of the Strait of Hormuz could trigger global economic problems within weeks. The blockade has already pushed oil prices higher, and escalating tensions threaten key shipments to vulnerable countries in Asia and the Middle East.

Alliance: The Netherlands must be better prepared for extreme precipitation

Insurers warn that the Netherlands needs stronger national rules to reduce flood damage as extreme rainfall becomes more common. They also say residents and businesses need clearer information and better preparation before the next major disaster. A new European report shows that flood‑related economic losses continue to rise.