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...

Rotterdam Leaders Demand Answers for €44.5 Million IT Project Overrun

The city of Rotterdam is facing scrutiny over its Oracle Fusion IT project, initially budgeted at €16 million, which has now escalated to €44.5...

EU, China Launch Talks to Resolve €360 Billion Trade Imbalance

The European Union and China have agreed to embark on a three-month negotiation process to address a substantial €360 billion trade imbalance and avert...

Tech Stocks Surge, Oil Prices Drop, Boosting Asian Markets

Asian stock markets experienced a positive upswing on Thursday, largely driven by robust performances in Japan and South Korea, where technology shares soared after...

Strait of Hormuz Closure Halts Dutch Energy Imports, Causes Supply Disruption

In April, Dutch imports from Gulf nations experienced a notable downturn, primarily due to disruptions in the Strait of Hormuz that impacted global shipping...

Stocks Surge; Oil Prices Fall Amid Optimism Over Iran Deal

U.S. stock markets experienced their most significant single-day rise in two months, driven by a sharp decline in oil prices amid potential diplomatic progress...

Vietnam, Netherlands Boost Ties in High-Level Political Talks

Vietnam and the Netherlands have reinforced their intention to broaden cooperation in numerous sectors during their second deputy minister-level political consultation held in Hanoi....

Oil Drops Under $100, Boosting European Markets Amid Iran Peace Prospects

Global oil prices took a significant dive on Monday, slipping below the $100 per barrel mark, as progress in negotiations between the United States...

Norwegian Government Boosts Farmers’ Finances with Significant Subsidy Increase

Norway is set to significantly boost financial aid for its agriculture sector, as the government announces an additional NOK 3.66 billion in taxpayer funding...

Dutch Continue to Import 12% of LNG from Russia

The Netherlands continues to import approximately 12% of its liquid natural gas (LNG) from Russia, despite the European Union's commitment to halt such imports...