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THE NETHERLANDS

AkzoNobel rejects third PPG takeover bid

Paintmaker AkzoNobel on Monday, 8 May, turned down a third revised offer bid from US-based rival PPG, saying it still undervalued the Dutch company...

9 May 2017

SOUTH AFRICA

Heineken opens USD60m brewery in Myanmar

THE HAGUE - Dutch beer giant Heineken announced on Monday it has opened a multi-million-dollar brewery in Myanmar, seeking to cash in on one of Asia's high-growth markets...

13 Jul 2015

THE NETHERLANDS

Philips blames Russia, China for its €103m loss

THE HAGUE, THE NETHERLANDS: Dutch electronics company Philips blamed a patent lawsuit and slow growth in primary markets of China and Russia for its €103m loss in the third quarter of its financial year.

21 Oct 2014

THE NETHERLANDS

Funai demands €312m from Philips

THE HAGUE, THE NETHERLANDS: Electronics manufacturer Funai is suing Philips for €312m in compensation for the failed sale of the Dutch company's entertainment business.

6 Oct 2014

THE NETHERLANDS

Dutch group ASML slashes forecast

THE NETHERLANDS - Dutch computer chip manufacturer and global high technology bellwether ASML slashed its forecasts for the next six months despite almost doubling profits in the first quarter.

17 Apr 2014

THE NETHERLANDS

Philips reports sharp switch into annual profit

THE HAGUE, THE NETHERLANDS: Electrical appliance and household goods group Philips switched back into profit in for 2013, the company said.

29 Jan 2014

THE NETHERLANDS

Unilever sales hit by emerging markets slowdown

THE HAGUE, THE NETHERLANDS: Anglo-Dutch food and cosmetics company Unilever, seen as a bellwether for global consumer spending, warned on Tuesday (1 October) of slowdown in sales growth brought on by weakened demand in emerging markets.

2 Oct 2013

THE NETHERLANDS

Dutch vegetarian butcher takes on the 'Frankenburger'

THE HAGUE, THE NETHERLANDS: Never mind last month's revolutionary test-tube beef burger grown from meat stem cells. The Dutch are way ahead with a "vegetarian butcher" who transforms plants into "meat".

10 Sep 2013

THE NETHERLANDS

Horse sold as halaal beef: man fined €50k

THE HAGUE, NETHERLANDS: A Dutch businessman under investigation in a Europe-wide probe into a horse-for-beef substitution scandal was on Thursday (3 May) given a suspended sentence and fined for selling horsemeat as Islamic halal beef in France.

3 May 2013

THE NETHERLANDS

Slap chips with dagga mayonnaise

THE HAGUE, THE NETHERLANDS: A chain of Dutch chip shops is offering cannabis mayonnaise on their fries, but the resulting snack will not give you the munchies or make you high.

10 Apr 2013