Latest Amsterdam News

Fed's Powell downplays potential for a rate hike despite higher price pressures

May. 14, 2024 12:33 PM EDT

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response to signs of stubborn inflation and underscored his view that price increases would soon start to cool again. Yet Powell, during a panel...

Amsterdam university cancels classes after violence erupted at a pro-Palestinian rally

May. 14, 2024 11:28 AM EDT

THE HAGUE (AP) — The University of Amsterdam canceled classes Tuesday and shut buildings for two days after the latest pro-Palestinian demonstrations over the war in Gaza turned destructive. Protests continued to simmer at several European universities where students faced off with...

Pro-Palestinian student protests spread across Europe. Some are allowed. Some are stopped

May. 08, 2024 00:27 AM EDT

AMSTERDAM (AP) — Campus protests by pro-Palestinian activists spread across Europe on Tuesday as some called for a break in academic ties with Israel over the war in Gaza, while schools increasingly faced the question under debate in the U.S.: Allow or intervene? German police...

UniQure: Q1 Earnings Snapshot

May. 07, 2024 07:46 AM EDT

AMSTERDAM (AP) — AMSTERDAM (AP) — UniQure NV (QURE) on Tuesday reported a loss of $65.6 million in its first quarter. The Amsterdam-based company said it had a loss of $1.36 per share. The results missed Wall Street expectations. The average estimate of five...

Playa Hotels: Q1 Earnings Snapshot

May. 06, 2024 16:30 PM EDT

AMSTERDAM (AP) — AMSTERDAM (AP) — Playa Hotels & Resorts NV (PLYA) on Monday reported first-quarter profit of $54.3 million. The Amsterdam-based company said it had net income of 39 cents per share. Earnings, adjusted for non-recurring costs, came to 40 cents per share. ...

ING: Q1 Earnings Snapshot

May. 02, 2024 05:07 AM EDT

AMSTERDAM (AP) — AMSTERDAM (AP) — ING Groep NV (ING) on Thursday reported net income of $1.71 billion in its first quarter. The Amsterdam-based bank said it had earnings of 52 cents per share. The financial services provider posted revenue of $6.06 billion in the...

Philips: Q1 Earnings Snapshot

Apr. 29, 2024 05:12 AM EDT

AMSTERDAM (AP) — AMSTERDAM (AP) — Koninklijke Philips NV (PHG) on Monday reported a loss of $1.08 billion in its first quarter. The Amsterdam-based company said it had a loss of $1.19 per share. Earnings, adjusted for one-time gains and costs, came to 28 cents per share. ...

Orange crush: Boats packed with revelers tour Amsterdam canals to celebrate the king's birthday

Apr. 27, 2024 09:43 AM EDT

AMSTERDAM (AP) — Decked in the national orange color, dancing to music, and eating orange-glazed pastries, many in the Netherlands Saturday are marking King's Day, celebrating the birthday of their monarch who is enjoying a very slight rise in popularity as per a national poll. As...

Venice tests a 5-euro entry fee for day-trippers as the Italian city grapples with overtourism

Apr. 25, 2024 15:49 PM EDT

VENICE, Italy (AP) — Under the gaze of the world’s media, the fragile lagoon city of Venice launched a pilot program Thursday to charge day-trippers a 5-euro ($5.35) entry fee that authorities hope will discourage visitors from arriving on peak days and make the city more livable for its...

A Delta flight was cut short after a panel behind one of the engines fell off during takeoff

Mar. 26, 2024 17:35 PM EDT

A Delta Air Lines flight over the weekend was cut short and the plane returned to Salt Lake City after a panel behind one of the two engines fell off during takeoff. The Airbus A330neo jetliner left for Amsterdam on Sunday but got only as far as the Montana-North Dakota boundary...