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Lufthansa regains place as Europe’s biggest airline from Ryanair

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The Lufthansa group as a whole carried 130 million passengers last year, it said on Wednesday. The equivalent figure from Ryanair was 129 million, meaning Ryanair slips behind Lufthansa after overtaking it in 2016. Lufthansa has grown rapidly, having taken over Brussels Airlines at the end of 2016 and aiming to grow its budget brand Eurowings to become Europe’s third largest point-to-point carrier. The group, which also includes Swiss and Austrian Airlines, has also benefited from the collapse of German rival Air Berlin in the latter part of 20... Read More »

The Netherlands Can Feed the World. Here’s Why It Shouldn’t

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Recently, National Geographic published an article called “This Tiny Country Feeds the World,” where the author extolled the innovations of a small European country that has managed to become a global powerhouse in agriculture and technology—the Netherlands. Now the second biggest exporter in value of agricultural products after the U.S., the country has managed to cut down carbon emissions and its use of fertilizer and pesticides while implementing cutting-edge technology and increasing yields. The article opens with a vivid description of ... Read More »

Europe’s largest pension fund to drop tobacco and nuclear weapons investments

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Owen Walker YESTERDAY Europe’s biggest pension fund, ABP of the Netherlands, plans to ax tobacco and nuclear weapons from its investment portfolio. The €405bn scheme joins a growing list of institutional investors in shunning stocks they deem harmful to the environment and to human health. The industry-wide fund, which manages money on behalf of 2.9m members, said on Thursday it will sell €3.3bn of tobacco and nuclear arms industry holdings in the next year. “Investments in tobacco and nuclear weapons have been a dilemma for us for quite some t... Read More »

Shell sells stake in Dutch wind farm to Switzerland’s Partners Group

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Terms of Partners Group’s participation in the “Blauwwind II” consortium were not disclosed. Project leader Shell, which last month put together a 13-bank consortium to provide 1 billion euros in funding to build it, cut its stake to 20 percent from 40 percent. Eneco, which disclosed on Monday it had agreed to buy 50 percent of the output from Borssele 3 and 4, cut its stake in ownership of the project to 10 percent from 20 percent. Shell has said it intended to continue investing in major offshore wind projects, arranging the highest-risk f... Read More »

Belgium and the Netherlands swap land to change their national borders

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The area affected, which is the size of 27 football fields, sits of east of the Belgian city of Vise and west of the Dutch village of Eijsden and on the river Meuse.  As of 2018 the countries’ border now goes down the centre of the river Meuse, with the Netherlands taking control of just over 40 acres of new land, while Belgium adopts around 8 new acres. The change was made after a peninsula on the river gained a reputation for lawlessness because of the geographical difficulties policing it from the Belgian side, which on paper controlled it. ... Read More »

Is this the future? Dutch plan vast windfarm island in North Sea

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Britain’s homes could be lit and powered by windfarms surrounding an artificial island deep out in the North Sea, under advanced plans by a Dutch energy network. The radical proposal envisages an island being built to act as a hub for vast offshore windfarms that would eclipse today’s facilities in scale. Dogger Bank, 125km (78 miles) off the East Yorkshire coast, has been identified as a potentially windy and shallow site. The power hub would send electricity over a long-distance cable to the UK and Netherlands, and possibly later to Belgium, ... Read More »

Shell and Barclays ‘lose’ £2bn in US tax changes

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Barclays is facing a larger full-year loss than expected because it told investors that the tax changes would initially cost it about £1 billion. At the same time, Royal Dutch Shell said in a statement to the stock market that the tax cut would lead it to take a hit to its earnings of between $2 billion and $2.5 billion.   ... Read More »

KLM cabin crew set for 24-hour strike on January 8

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The union says for the past year crews have been placed in an ‘unworkable situation’ by the decision which has led to an ‘enormous’ increase in the pressure of work and disadvantages passengers. Previous protests about the measure have been of much shorter duration. KLM told news website Nu.nl it had taken note of the union’s plans. The FNV says the action could lead to no KLM flights leaving Schiphol airport on January 8. ... Read More »

European Medicines agency will bring jobs, generate millions of euros

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The 890 workers will have an estimated €45m in net salaries to spend and much of that will benefit local shops, service providers, bars and restaurants, ING says. In addition, housing the EMA workers will bring in €10m to €15m while the 30,000 overnight stays which EMA visitors will book will generate €4m for the hotel sector. The Financieele Dagblad says experts suggest the EU agency will provide work for 1,500 people working in catering, cleaning, security, childcare and teaching. In addition, some 200 of the agency’s 890 staff are not exp... Read More »

Benjamin, Chaise & Associates-Debt Collection Myths

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Benjamin Chaise & Associates, America’s best Collection Agency reveals the top two misconceptions about Debt Collectors and debunks the negative myths associated with the Debt Recovery Industry. Throughout the years, the Debt Collection Industry has received a bad reputation of being the bad guys. Many people associate the industry with poor customer service, overly aggressive, & unsympathetic Debt Collectors. However, this is simply not always the case. While it is the Debt Collectors main priority to recover unpaid debts, at Benjam... Read More »

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