Business - Page 2

Trade union plans legal challenge against unemployment benefit reform in Belgium

Belgian Government to Notify Jobseekers of Unemployment Benefit Cuts Amid Union Legal Challenge As the Belgian government prepares to send out letters informing jobseekers of upcoming cuts to their unemployment benefits, the…

1 month ago

Business

ExxonMobil considers selling chemical plants in Belgium and the UK amid European market challenges

US oil company ExxonMobil is exploring the possible sale of its European chemical plants in Belgium and the UK, the Financial Times reports, based on sources familiar with the matter. Initial talks…

1 month ago

Business

Venezuela shifts to crypto for currency exchanges amid dwindling dollar availability

Venezuela Expands Use of Dollar-Tied Cryptocurrencies Amid U.S. Export Restrictions The Venezuelan government is progressively permitting the use of dollar-tied cryptocurrencies in currency exchanges for the private sector, as U.S. restrictions on…

1 month ago

Business

National Employment Office to send warning letters on unemployment benefit changes

Changes to Unemployment Benefits Announced in Belgium The National Employment Office (RVA) will begin sending warning letters about the limiting of unemployment benefits from mid-September. The initial letters will be sent to…

1 month ago

Business

Discussions on sanctions against Israel suspended for the night amidst coalition tensions

On Monday, top ministers from both the Flemish and federal governments met to discuss potential sanctions against Israel. However, the meeting was suspended several hours later to allow ministers to attend a…

1 month ago

Business

European regulator warns tokenised stocks may cause investor confusion

EU Securities Watchdog Raises Concerns Over Blockchain-based Assets The European Union’s securities regulator warned on Monday that blockchain-based assets linked to equities may cause “investor misunderstanding,” as ownership of these assets does…

1 month ago

Business

Trump’s World Liberty Financial digital tokens commence trading

Trump Family’s Cryptocurrency Venture Begins Trading Digital tokens associated with the Trump family’s cryptocurrency initiative, World Liberty Financial, commenced trading on Monday, according to the company’s announcement, reports 24brussels. World Liberty Financial,…

1 month ago

Business

US court of appeals declares many of Trump’s import tariffs unlawful

Court Rules Trump’s Tariffs Unlawful, Major Setback for Protectionist Policy On Friday, a federal court of appeals ruled that most of the import tariffs imposed by President Donald Trump were unlawful, thus…

1 month ago

Business

Belfius reports 476 million euros profit and prepares for partial privatisation

Belfius Plans Capital Opening Amid Solid Financial Performance State-owned bank-insurer Belfius is preparing to open part of its capital to private investors, at the request of Finance minister Jan Jambon (N-VA). Chief…

2 months ago

Business

Brussels Airlines to increase Airbus A320neo fleet by five aircraft

Brussels Airlines Expands Fleet with New Airbus A320neo Aircraft Brussels Airlines has announced plans to add five new Airbus A320neo aircraft to its fleet, bringing the total number of this model to…

2 months ago

Business

DEME reports record half-year profits driven by offshore wind energy growth

DEME Reports Record Profits Amidst Growth in Offshore Wind Sector Maritime contractor DEME achieved record profits in the first half of 2025, prompting an optimistic outlook for the remainder of the year.…

2 months ago

Business

NGOs urge SNCB to cancel train order with Spanish firm over Palestinian involvement

NGOs Urge Belgian Rail Operator to Halt Train Deal with Controversial Spanish Manufacturer A coalition of NGOs has urged Belgian train operator SNCB/NMBS to terminate negotiations with the Spanish manufacturer CAF over…

2 months ago

Business

Belgian entrepreneurs report highest confidence levels in two years as optimism grows

Significant Improvement in Belgian Business Confidence for August Belgian business confidence has improved significantly in August, following a decline in July. The confidence among Belgian entrepreneurs is now at its highest level…

2 months ago

Business

Memorandum drafted to resume Brussels government formation negotiations

Brussels Government Formation Hurdles Persist as New Memorandum Emerges Yvan Verougstraete, the newly appointed facilitator in the Brussels government formation, has drafted a memorandum intended to serve as a foundation for ongoing…

2 months ago

Business

Ikanbi call centre in Liège faces potential closure as TotalEnergies contract ends

Ikanbi Belgium Faces Job Cuts as TotalEnergies Ends Contract Ikanbi Belgium has lost a contract with the energy company TotalEnergies, putting up to 150 jobs at risk at its Liège call centre…

2 months ago

Business

EU and US finalize trade agreement with 15 per cent import tariff cap on pharmaceuticals

US and EU Confirm Joint Trade Agreement with 15% Tariff Cap The European Union and the United States announced a pivotal trade agreement on Thursday, establishing a maximum tariff of 15 percent…

2 months ago

Business

Alken-Maes appoints Belgian CEO to navigate challenging beer market

New Leadership at Alken-Maes Amid Industry Challenges Belgian Kenny Willems will take over as CEO of brewery Alken-Maes on October 1, the company announced on Thursday. Willems says his goal is to…

2 months ago

Business

China plans roadmap for global yuan-backed stablecoins to enhance currency’s international role

China’s State Council to Review Global Currency Roadmap The State Council of China is expected to evaluate and potentially approve a roadmap aimed at enhancing the global utilization of the Chinese currency…

2 months ago

Business

Thema Foundries to establish Europe’s first integrated photonic chip centre in Oudenaarde

A New Photonic Chip Hub to Transform Flanders A Belgian–European entrepreneur is set to establish a state-of-the-art photonic chip hub in Flanders, marking a long-awaited investment of more than 200 million euros…

2 months ago

Business

China explores yuan-backed stablecoins to enhance global currency adoption

China Open to Yuan-Backed Stablecoins to Enhance Global Currency Adoption China is contemplating the introduction of yuan-backed stablecoins as part of a strategy to promote the international use of its currency, according…

2 months ago

Business

Flemish gaming sector reports 20% growth in 2024, driven by new hits and employment surge

Flemish Gaming Sector Sees Remarkable Growth in 2024 The Flemish gaming sector experienced significant growth in 2024, with turnover increasing by 20% to 70 million euros, according to the latest annual figures…

2 months ago

Business

CMB.TECH merges with Golden Ocean to form a major maritime group

Shareholders Approve CMB.TECH’s Takeover of Golden Ocean Shareholders of Golden Ocean, the Norwegian dry bulk shipping company, have approved its takeover by Antwerp-based CMB.TECH. The decision, made at a special general meeting…

2 months ago

Business

Belgium prepares to showcase its gaming talent at Gamescom 2025

Belgium Set to Shine at Gamescom 2025 From 20 to 24 August, Cologne will once again host Gamescom, Europe’s biggest video games fair. The event is expected to welcome more than 1,500…

2 months ago

Business

Amdax plans to launch bitcoin treasury company on Euronext Amsterdam

Amdax to Launch Bitcoin Treasury Company on Dutch Stock Exchange Amsterdam-based cryptocurrency service provider Amdax announced its plans to launch a bitcoin treasury company named AMBTS (Amsterdam Bitcoin Treasury Strategy) on the…

2 months ago

Business

Citigroup explores custody and payment solutions for stablecoins and crypto ETFs

Citigroup Considers Expanding Into Cryptocurrency Services Citigroup is exploring the provision of stablecoin custody and additional services, reflecting a growing trend among major financial institutions to enter the cryptocurrency sector. This development…

2 months ago

Business

DIGI Belgium experiences significant decline in mobile subscriber growth

Romanian Telecom Group DIGI Faces Slowdown in Belgian Customer Growth Romanian telecom group DIGI has reported a marked slowdown in customer growth for its Belgian arm, adding just 9,000 mobile subscribers in…

2 months ago

Business

Belgium sees 12.5 per cent decline in exports to the US in Q2 2025

Belgian Exports to the US Decline Significantly in Q2 2025 Belgium’s exports to the United States plummeted by 12.5 percent in the second quarter of 2025, compared to the same period in…

2 months ago

Business

Standard Chartered raises year-end ether price target to $7,500 amid industry improvements

Standard Chartered Increases Ether Year-End Price Target Standard Chartered has raised its year-end target for ether to $7,500, a significant increase from the previous target of $4,000. This adjustment reflects a growing…

2 months ago

Business

Bitcoin reaches new all-time high amid rising Federal Reserve easing expectations

Bitcoin Surges to Record High Amid Expectations of Easier Monetary Policy Bitcoin reached a historic peak on Thursday, propelled by rising expectations for more accommodating monetary policy from the Federal Reserve, which…

2 months ago

Business

Crypto companies in the U.S. rush to go public amid Trump-era market boom

U.S. Crypto Companies Prepare for Public Offerings Amid Favorable Conditions After years of inactivity, U.S. crypto companies are gearing up for public listings, propelled by supportive policies from the Trump administration that…

2 months ago

Business

Companies are gearing up for stablecoins amid new U.S. regulations, but challenges persist

Financial Companies Prepare for Dollar-Backed Crypto Tokens Amid New U.S. Stablecoin Regulations Major financial institutions, including Bank of America and Fiserv, are gearing up to issue their own dollar-backed crypto tokens following…

2 months ago

Business

Applications to convert agricultural land into non-agricultural use surge in Flanders

Applications to convert active farms into non-agricultural dwellings have tripled in the past five years, resulting in farming land disappearing, reports 24brussels. Data from Flemish Environment Minister Jo Brouns indicates that applications…

2 months ago

Business

Indian pharma firm acquires Brussels-based Prothya Biosolutions to expand plasma business

Intas Acquires Brussels-Based Prothya Biosolutions A Brussels-based biopharmaceutical company focusing on extracting antibodies and other raw materials from donor blood plasma has been acquired by a subsidiary of the Indian multinational Intas,…

2 months ago

Business

Do Kwon, facing U.S. fraud charges, likely to plead guilty in court

Do Kwon Set to Enter Guilty Plea in U.S. Fraud Case Do Kwon, the South Korean cryptocurrency entrepreneur facing U.S. fraud charges related to two digital currencies that collectively lost an estimated…

2 months ago

Business

Flemish municipalities’ debt reaches 8.6 billion euros, raising concerns about financial management

Flemish Municipal Debt Hits 8.6 Billion Euros The accumulated debts of Flemish municipalities and Public Centres for Social Welfare (PCSWs) have reached 8.6 billion euros, averaging 1,079 euros per resident, according to…

2 months ago

Business

US House takes significant step towards crypto regulation, signaling support for digital assets

U.S. House Advances Landmark Crypto Legislation The Republican-controlled U.S. House of Representatives has made significant progress on cryptocurrency legislation, overcoming crucial procedural challenges on Wednesday. This development follows President Donald Trump’s intervention,…

2 months ago

Business

Trump’s World Liberty crypto tokens approved for trading, paving way for potential value increase

World Liberty Financial Tokenholders Approve Trading, Potentially Enhancing Value Tokenholders of the digital assets issued by World Liberty Financial, a cryptocurrency venture linked to former President Donald Trump’s family, voted on Wednesday…

2 months ago

Business

Sberbank aims to lead in Russian cryptocurrency custody services

Sberbank Seeks to Lead Russia’s Cryptocurrency Custody Services Russia’s largest lender, Sberbank, announced on Thursday its intention to provide custody services for Russian cryptocurrency assets, aiming to establish a pivotal role in…

2 months ago

Business

Institutional investors show interest in crypto as demand remains in early stages

Bitcoin Reaches New Heights Amid Institutional Interest This week, Bitcoin surged to a record high, prompting renewed scrutiny over the influence of institutional investors in this upward trend. Analysts note that this…

2 months ago

Business

Ether-related stocks surge as cryptocurrency reaches six-month peak

Cryptocurrency Stocks Surge Amid Ether’s Six-Month Peak Cryptocurrency-related stocks experienced a significant rise in premarket trading on Friday, spurred by a notable spike in shares associated with ether, which reached a six-month…

2 months ago

Business

Katoen Natie reports record revenue exceeding 3 billion euros in 2024

Katoen Natie Posts Record Turnover Amid Investigation International logistics group Katoen Natie announced a landmark turnover exceeding 3 billion euros for 2024, as reported by the Luxembourg Business Register and De Tijd.…

2 months ago

Business

Trade deal between US and EU generates mixed responses among Belgian leaders

Mixed Reactions to New US-EU Trade Agreement in Belgium The recent trade agreement struck between the United States and the European Union has elicited divided responses in Belgium, with political and economic…

2 months ago

Business

Flanders increases climate subsidies for major polluters to 270 million euros by 2025

Flemish Government’s CO2 Emission Compensation Soars to 270 Million Euros The Flemish government’s compensation for major CO2 emitters is set to escalate sharply from 36 million euros in 2019 to a staggering…

2 months ago

Business

Proximus parts ways with chief revenue officer amid international division challenges

Proximus Dismisses Chief Revenue Officer Surash Patel Amid Performance Issues Proximus has dismissed Surash Patel from his position as chief revenue officer of Proximus Global and managing director of BICS, a decision…

2 months ago

Business

UCB increases profit forecasts after strong performance in first half of 2025

UCB Reports 25% Revenue Growth in First Half of 2025 Belgian pharmaceutical group UCB announced a 25% increase in turnover to 3.49 billion euros for the first half of 2025, prompting the…

2 months ago

Business

Belgian retailers warn of unsustainable competition from online platforms

Belgian Retailers Express Mixed Reactions to Summer Sales Belgian retailers are divided over the outcomes of the recent summer sales period, which ran from July 1 to July 31. The Neutral Union…

2 months ago

Business

Small companies increasingly invest in ether as a hedge against inflation

Ethereum Gains Favor as Inflation Hedge Among Investors As the cryptocurrency market evolves, a growing number of companies are turning to Ethereum rather than Bitcoin as a hedge against inflation. This shift…

2 months ago

Business

CFTC initiates plan to permit spot crypto trading on registered exchanges

CFTC to Initiate Spot Crypto Asset Trading on Registered Futures Exchanges The U.S. Commodity Futures Trading Commission (CFTC) announced on Monday its plan to allow trading of spot crypto asset contracts on…

2 months ago

Business

North Sea Port’s Nieuwe Sluis lock officially opens to shipping after lengthy delays

The Nieuwe Sluis Lock in Terneuzen Opens to Shipping The Nieuwe Sluis lock in Terneuzen, part of the North Sea Port, has opened to all shipping 10 months after its royal inauguration.,…

2 months ago

Business

Binance collaborates with BBVA to enable off-exchange asset holdings for customers

Binance Collaborates with BBVA to Expand Crypto Holdings Options Binance has initiated a partnership with Spanish bank BBVA to enable customers to store their assets outside the cryptocurrency exchange, as reported on…

2 months ago

Business

Standard Chartered partners to seek stablecoin issuance license in Hong Kong

Standard Chartered Forms Joint Venture for Stablecoin License in Hong Kong Standard Chartered announced on Friday the establishment of a joint venture with strategic partners to pursue a license for issuing stablecoins…

2 months ago

Business

KBC and Belfius demonstrate resilience in EU stress test amid geopolitical challenges

Belgian Banks Demonstrate Resilience Amid Geopolitical Tensions Belgian banks KBC and Belfius are sufficiently resilient to withstand increased geopolitical tensions and protectionist trade measures, according to a European stress test. The European…

2 months ago

Business

Bitcoin treasury strategies gaining traction in public markets as crypto giants await EU approval

Cryptocurrency Landscape Shifts Amid Regulatory Developments Public companies, including one linked to former President Donald Trump, are increasing investments in cryptocurrency, taking advantage of rising token values and a more relaxed regulatory…

4 months ago

Business

China becomes Belgium’s top non-EU supplier amid shifting global trade flows

China overtook the United States in 2024 to become Belgium’s largest non-EU supplier, according to the Belgian Foreign Trade Agency’s latest annual report. The shift reflects evolving global trade patterns and Belgium’s…

4 months ago

Business

Oil prices spike after US strikes on Iranian nuclear sites

Stock markets in Asia fell on Monday, while oil prices rose by 4 per cent following US airstrikes on Iranian nuclear facilities. The surge reflected mounting concerns about supply disruptions in the…

4 months ago

Business·World

Russian Enterprises on the Brink of Bankruptcy Amid Mounting Economic Crisis

On June 20, 2025, Alexander Shokhin, head of the Russian Union of Industrialists and Entrepreneurs (RSPP), delivered a stark warning at the St. Petersburg Economic Forum. He declared that the prolonged period of high interest…

4 months ago

Business·Innovations

House and apartment prices rise sharply in Belgium

A reduction in registration fees for home purchases has pushed up house and apartment prices in Belgium, according to figures published by the statistics agency Statbel on Thursday. The price hikes are…

4 months ago

Business·Opinion

Belgian flight simulator firm Euramec signs strategic deals for Indian and UK expansion

The Belgian flight simulator developer Euramec has signed a strategic partnership with India’s Genser Aerospace in order to enter the fast-growing Indian aviation market. The agreement was formalised at the Paris Air…

4 months ago

Business

Arla and DMK take first step towards merger to form Europe’s largest dairy cooperative

The German DMK Group and Arla Foods, a dairy cooperative including several hundred Belgian farmers, have taken the first step towards forming Europe’s largest cooperative dairy company. On Wednesday, the companies announced…

4 months ago

Business

Closure of Audi factory heavily impacted economic activity in Brussels

The closure of the Audi factory in Brussels weighed heavily on economic activity in the capital region, according to a report by the Brussels Institute for Statistics and Analysis (BISA). The shutdown…

4 months ago

Business

ING expects global economic slowdown in second half of 2025

The global economy will continue to grow in the second half of 2025, but at a slower pace, according to ING Belgium’s latest outlook. The slowdown is mainly driven by the trade…

4 months ago

Business

French investment group to take majority stake in Flemish defence firm ScioTeq

French investment firm Tikehau Capital is set to acquire a majority stake in the Flemish defence company ScioTeq, according to a press release issued on Monday. The financial details of the transaction…

4 months ago

Business·Opinion

Flemish innovation mission strengthens ties with Japan

Flemish research centre imec and the universities of Ghent and Antwerp have signed new cooperation agreements with Japanese partners during a mission to Japan. Imec renewed its strategic partnership with semiconductor equipment…

4 months ago

Business·Politics

Brussels and federal government faced with probable rating downgrade

For months, Brussels has been anxiously awaiting a rating from credit rating agency Standard & Poor’s (S&P), which is likely to announce a new downgrade for the region on Friday evening. A…

4 months ago

Business·Politics

Police unions shelve plans for strike at Brussels Airport

Police unions have shelved their plans to strike over a passport check dispute after the federal police confirmed the existence of an internal notice that had caused them concern. Travellers should not…

4 months ago

Business

Flemish authorities inspect controversial container bound for Israeli defence firm

A container in the Port of Antwerp, reportedly destined for Israeli defence company Ashot Ashkelon Industries, is currently being held and inspected by Flemish authorities. The move follows public outcry and political…

4 months ago

Business·World

Belgium blocked 147 illegal streaming websites last year

Last year, Belgium blocked 147 websites illegally distributing copyrighted films, TV series and sports broadcasts, the FPS Economy revealed on Thursday. These platforms offered content without the creators’ permission, amounting to digital…

4 months ago

Business·Innovations

European consumer groups file complaint against Shein for misleading practices

Belgium’s Testaankoop, along with 24 other consumer organisations across Europe, has filed an official complaint with the European Commission against Chinese fashion retailer Shein. The groups accuse the online giant of using…

4 months ago

Business

Tariff negotiations with US “advancing in the right direction,” says EU commissioner

Negotiations between the European Union and the United States on trade tariffs are “moving in the right direction,” European Trade commissioner Maroš Šefčovič said on Wednesday, following a meeting with U.S. Trade…

4 months ago

Business·World

Number of dollar millionaires in Belgium declines further

The number of dollar millionaires in Belgium fell to 134,600 in 2024, 2.5 per cent less compared to the year before. This marks the third consecutive annual decline, according to data released…

4 months ago

Business·Society

US tariffs on steel and aluminum double to 50%

Trump’s 50 per cent tariffs on steel and aluminum imports came into effect on Wednesday. Trading partners around the world are voicing concern, and the EU still hopes to strike a deal…

4 months ago

Business·World

Aedifica and Cofinimmo agree to merge, creating Europe’s largest healthcare real estate group

Belgian healthcare real estate firms Aedifica and Cofinimmo have agreed to merge, forming the largest healthcare property company in Europe. The combined portfolio will be worth €12.1 billion, making the group the fourth-largest globally.…

4 months ago

Business

Haribo recalls sweets in Belgium due to possible presence of cannabis

Candy maker Haribo has recalled a batch of sweets in Belgium after traces of cannabis were found in some products sold in the Netherlands. There have been no reports of people falling…

4 months ago

Business

Belgian soil research firm ABO-Group secures €10m contract for French naval base

Ghent-based environmental engineering firm ABO-Group has secured a €10 million contract with the French Navy for soil research linked to the reinforcement of the Toulon naval base, De Tijd reports. That base…

5 months ago

Business·Society

Flemish frozen fries giant Clarebout eyes deal with US food titan

Clarebout Potatoes, one of Belgium’s largest frozen potato producers, is reportedly close to striking a major deal with US agri-food giant J.R. Simplot, De Standaard reports. Industry insiders suggest the agreement, potentially…

5 months ago

Business

Court of International Trade Halts Trump’s ‘Liberation Day’ Tariffs in Stinging Legal Defeat

As President Donald Trump embarks on his second term, the velocity of policy shifts emerging from Washington has alarmed, confused, and polarized observers across the Atlantic. Many transatlantic analysts continue to frame…

5 months ago

Business·World

Stocks push higher after a federal court halted Trump’s tariffs

Stock futures gained Thursday after a federal court ruled late Wednesday that President Donald Trump overstepped his authority to impose sweeping tariffs, throwing into chaos the administration’s core trade policy that has threatened to…

5 months ago

Business·World

EU proposes scale-up fund to retain promising tech startups

The European Commission has unveiled plans to launch a large-scale investment fund aimed at preventing promising tech startups from relocating outside the EU. The Scaleup Europe Fund, expected to launch in 2026,…

5 months ago

Business·World

CMB.Tech acquires Norwegian shipping company Golden Ocean

The Antwerp-based maritime group CMB.Tech, formerly known as Euronav, is acquiring the Norwegian dry bulk shipping company Golden Ocean Group. The merger will create one of the largest diversified listed maritime groups…

5 months ago

Business

Campine chooses French expansion amid booming antimony profits

The Belgian metal recycling group Campine has announced plans to acquire three industrial sites in France, including two dedicated to battery recycling. This strategic move comes at the expense of expanding its…

5 months ago

Business·Innovations

Geopolitical turmoil brings chaos to Antwerp and other European ports

Ports across Europe, including Antwerp, are experiencing acute congestion as a result of mounting geopolitical tensions, climate-related disruptions and shifting global trade dynamics. De Tijd reports that the Port of Antwerp-Bruges, a…

5 months ago

Business·World

Belgian savings among the best protected in Europe

Belgium’s deposit guarantee fund is two to three times larger than comparable schemes in most other European countries, according to figures published on Tuesday by L’Echo, based on data from the European…

5 months ago

Business

Euro could become alternative to dollar, says ECB president

European Central Bank president Christine Lagarde sees a unique opportunity for the euro to expand its global influence. Speaking at the Hertie School in Berlin on Monday, Lagarde argued that recent global…

5 months ago

Business·Politics

Trump delays EU tariff hike following call with von der Leyen

US president Donald Trump has agreed to postpone a planned tariff increase on European Union goods until 9 July, following a call with European Commission president Ursula von der Leyen. Trump had threatened…

5 months ago

Business·World

Trump says he’s ‘not looking for a deal’ with the EU after threatening a 50% tariff

President Donald Trump on Friday threatened a 50% tariff on goods from the European Union, citing a lack of progress in current trade negotiations. “Their powerful Trade Barriers, Vat Taxes, ridiculous Corporate…

5 months ago

Business·World

Belgium backs EU proposal for 2 euro import fee on small parcels

Belgium supports a proposal by European Trade Commissioner Maros Sefcovic to charge 2 euros for every small parcel entering the EU, Economy minister David Clarinval said at the EU Competitiveness Council in…

5 months ago

Business

Belgians avoid products from the US, Russia and China, survey shows

Belgians are avoiding buying products from the United States, Russia and China, according to a survey by Kantar released on Monday. The results highlight the impact of the economic and political context…

5 months ago

Business

New campaign raises awareness about noise pollution in the North Sea

The federal government has launched a campaign to make people aware of the growing underwater noise pollution in the North Sea. Certain human activities, such as shipping and wind farm construction, make…

5 months ago

Business·Earth & Climate

Record profits for Brussels Airport Company

Brussels Airport Company, the operator of Zaventem airport, achieved record turnover and operating profit last year, but will pay no dividends for the sixth consecutive year. The company’s annual results, released on…

5 months ago

Business

Europe is losing appeal to foreign investors, survey shows

Europe has become less appealing to foreign investors over the past year, according to a survey by the consultancy firm EY. Traditionally strong performers such as France and Germany experienced a sharp…

5 months ago

Business

Engie to introduce ‘happy hour’ energy contracts

Energy giant Engie is developing new energy contracts featuring a ‘happy hour’ scheme, where electricity will be cheaper at specific times of the day. This was confirmed by a spokesperson for the…

5 months ago

Business

Flanders’ labour migration crackdown at odds with OECD recommendations

The Flemish government is introducing stricter labour migration policies aimed at reducing the number of non-EU workers, particularly those with low qualifications. However, a recent OECD report warns that such restrictions could…

5 months ago

Business

Evonik pushes green energy in port of Antwerp despite “devastating” Chinese competition

The German speciality chemicals company Evonik outlined its green energy plans for its site in the port of Antwerp during a port visit by Flemish Energy minister Melissa Depraetere on Tuesday. CEO…

5 months ago

Business·Earth & Climate

AB InBev to invest $300 million in the United States

Anheuser-Busch, the American subsidiary of the Belgian-Brazilian brewing giant, has announced plans to invest $300 million in the United States this year. The funding will go towards expanding the company’s training centres…

5 months ago

Business·World

Drug arrests in Antwerp Port surge, with juvenile involvement doubling

Just four months into 2025, the number of drug-related arrests at the Port of Antwerp has already surpassed last year’s total. The Port Police have detained 131 people, mostly ‘extractors’ who remove…

5 months ago

Business·Opinion

Delhaize doubles e-commerce capacity with new distribution centre near Brussels

Delhaize has opened a new e-commerce distribution centre in Forest, on the outskirts of Brussels, doubling its capacity to 50,000 online grocery orders per week. The €53 million investment, made in partnership…

5 months ago

Business

De Wever confirms delayed wage indexing for teachers and broader public sector

Prime minister Bart De Wever has confirmed that wage indexation for public sector workers, including teachers, will be delayed by three months instead of the current two. The move is part of…

5 months ago

Business·Politics

Solvay faces lower sales due to ‘macroeconomic uncertainty’

Chemicals group Solvay had a difficult first quarter with falling net sales and earnings, according to its quarterly results published on Thursday. The company revised its full-year expectations for 2025 to the…

5 months ago

Business

Tariff panic pushed Belgian exports to US to record levels

In March, the US imported goods from Belgium worth almost 3.4 billion dollars. That is 46 percent more than a year earlier and more than double the February figure, De Tijd reported…

5 months ago

Business·World

European Commission warns Belgium over lack of implementation of EU directives

The European Commission has sent Belgium formal warnings for failing to implement fully or correctly several key EU directives, in particular those relating to the Emissions Trading Scheme (ETS). The Commission communicated…

5 months ago

Business·World