AMSTERDAM, March 26 (Reuters) – The European Union hopes to
ease the cost of protein used to make pig and poultry feed by
lifting a ban on by-products imposed during the mad cow disease
outbreak over a decade ago.
The change would come at a time of heightened consumer
concern about food safety in Europe after it was discovered that
horsemeat had been sold as beef in some products.
AMSTERDAM, March 13 (Reuters) – The Netherlands is
considering the sale of part of power grid operator TenneT
in an initial public offering to raise 500 million
euros ($650 million) for investments in the domestic grid, the
head of the firm said.
TenneT Chief Executive Mel Kroon said on Wednesday in an
interview the company would need funds in 2014 and 2015 to
upgrade the grid in the north of the country and connect wind
AMSTERDAM, March 5 (Reuters) – Palm oil consumption in
Europe would be curbed when new rules start next year compelling
food makers to label their products with the ingredient if used,
the Dutch product board warned.
Because it is solid at room temperature, palm oil has become
an irreplaceable ingredient in a variety of products from
chocolate bars and spreads to biscuits, ice cream and even soap.
AMSTERDAM, Feb 4 (Reuters) – The two biggest pension funds
in the Netherlands plan to maintain investment in commodities
even after their latest quarterly reports showed commodities as
their worst performing asset class and a big U.S. fund halved
Dutch funds ABP, for state employees, and Pensioenfonds Zorg
en Welzijn PFZW for health and medical care workers, along with
Californian state pension fund CalPERS, were among a handful of
big pension funds that invested in commodity derivatives as an
alternative to stocks and bonds in the middle of last decade.
THE HAGUE (Reuters) – A Dutch court ruled on Wednesday that Royal Dutch Shell can be held partially responsible for pollution in the Niger Delta in southern Nigeria, saying the company should have prevented sabotage at one of its facilities.
The district court in The Hague ordered Shell to pay unspecified damages to one farmer, but dismissed four other claims filed against the Dutch parent company.
AMSTERDAM, Jan 30 (Reuters) – A Dutch court will rule on
Wednesday whether Royal Dutch Shell is responsible for
pollution in Nigeria, a case activists say could set a precedent
for damage claims related to the foreign activities of
Four Nigerians and interest group Friends of the Earth filed
the suit in 2008 in The Hague, where Shell has its joint global
headquarters, seeking unspecified reparations for lost income
from contaminated land and waterways in the Niger Delta.
BERLIN/AMSTERDAM, Jan 22 (Reuters) – Germany gave the green
light to its utilities’ plans to sell their stakes in Urenco,
clearing the way for a long-awaited tender for the world’s
second-largest maker of nuclear fuel.
A consortium behind a former Urenco director told Reuters on
Tuesday it was ready to make a bid for the unlisted uranium
enricher, which it values at around 10 billion euros.
ZEEBRUGGE, Belgium, Dec 18 (Reuters) – CMA CGM,
the world’s third-largest container group, plans to list shares
on the Paris Stock Exchange to get easier access to financing as
low freight rates pressure margins, its deputy chief executive
Rodolphe Saade, whose family owns CMA CGM, said in an
interview on Tuesday the group planned to complete the listing
by the end of 2014 but did not say how much money it wanted to
raise or what percentage would be floated in an initial public
THE HAGUE (Reuters) – The Yugoslavia war crimes tribunal sentenced Bosnian Serb general Zdravko Tolimir to life in prison on Wednesday for his role in the 1995 Srebrenica massacre, Europe’s worst atrocity since World War Two.
U.N. judges said Tolimir, 64, a former intelligence chief and close aide to Bosnian Serb military commander Ratko Mladic, planned and oversaw the killing of 8,000 Muslim men and boys in days after the town of Srebenica was overrun.
AMSTERDAM/FRANKFURT, Nov 8 (Reuters) – A giant new Dutch gas
storage facility will collide with a weak European gas market,
hit by low demand as the continent battles its economic ills.
But it will enhance the market’s flexibility and efficiency
beyond the gas market’s short term horizon of up to 2015,
traders and analysts said.