Business

Tesla Roadster Prototype Showcases SpaceX Thrusters for Potential Flying Capabilities

Elon Musk has introduced a prototype of the Tesla Roadster 2, incorporating rocket-thruster technology developed by SpaceX, his aerospace company. The unveiling took place during a demonstration in Texas, where the electric sports car was shown executing aerial manoeuvres using thrusters after driving up a curved ramp. This highlighted Musk's vision of the vehicle as a potential flying car, capable of performing rolls and...

IMF Increases Netherlands’ 2026 Growth Forecast to 1.5% Amid Inflation Concerns

The International Monetary Fund (IMF) has revised its forecast for the Netherlands' economic growth in 2026, projecting an increase to 1.5% from its previous estimate of 1% in July. This upward adjustment is attributed to stronger-than-expected growth in Germany, which saw its 2026 forecast raised from 0.7% to 1.3%, and significant global investments in artificial intelligence technology that are anticipated to bolster economic activity. Despite...

Dutch Energy Bills Largely Unaffected by Iran Conflict Impact

Despite the ongoing conflict in Iran causing a rise in energy prices, Dutch households have so far seen only a limited effect on their...

Netherlands Faces €8 Billion Annual Cost from Hoekstra’s EU Tax Proposal

The Dutch government could face an annual loss of approximately €8 billion by 2037 due to a proposed European Union taxation reform, according to...

Anthropic Poised to Rival SpaceX in 2026’s Largest IPO Race.

Anthropic is positioning itself as a formidable contender against SpaceX in the chase for the largest initial public offering (IPO) of 2026. The artificial...

Istanbul Airport Surpasses Heathrow as Europe’s Busiest Hub

Istanbul Airport has overtaken Heathrow as Europe's busiest airport, handling more passengers in July. The Turkish airport reported 8.15 million passengers for the month,...

Apollo Global Management Acquires EasyJet in £5.7 Billion Deal

EasyJet has entered into a £5.7 billion acquisition agreement with Apollo Global Management, a prominent US private equity firm, following the withdrawal of competing...

Oil Price Drop Promises Reduced Fuel Costs for Dutch Consumers

Oil prices have taken a significant dip following a pause in military strikes between the United States and Iran, sparking hopes for reduced fuel...

Norway Criticizes 12.5% Import Tariff Imposed by Trump as Unjust.

Norway has expressed strong disapproval of U.S. President Donald Trump's decision to implement a 12.5% tariff on most imports from Norway, labeling the move...

Norway, Oman Strengthen Bilateral Relations, Address Regional Security in Manila Talks

During the ASEAN ministerial meeting in Manila, Oman’s Foreign Minister, Sayyid Badr bin Hamad Al Busaidi, engaged in discussions with his Norwegian counterpart, Espen...

EU Establishes Diplomatic Mission in Muscat with New Oman Agreement

Oman and the European Union have taken a significant step toward enhancing their bilateral relations by signing an agreement to establish an official EU...

Gulf Tensions Insufficient for Brent Crude to Surpass $90 Without Major Shock

Brent crude oil prices are facing challenges in surpassing the $90 per barrel mark, with experts suggesting that a prolonged disruption in the Strait...

NY Regulator Settles $50 Million AML Case With Swedbank

Swedbank has reached a settlement agreement to pay $50 million following an anti-money laundering investigation conducted by the New York State Department of Financial...

China and Netherlands Plan Talks to Settle Business Disputes

China and the Netherlands have reached an agreement aimed at promoting the resolution of business disputes through consultation. This initiative is part of their...