Philips underlying 2018 profit higher after lighting sale

Dutch electronics giant Philips said Tuesday its 2018 headline earnings plunged more than 40 percent, reflecting the disposal of its lighting business, but underlying profit rose while sales were steady.

Electronics giant Philips posts mixed results in Q3

Dutch electronics giant Philips, which is focusing its business on medical equipment and services, on Monday posted higher third quarter sales but profits dipped due to currency headwinds.

'Party city' Amsterdam to crack down on tourists

Amsterdam is seeking to contain the flood of tourists swamping the city, with the incoming council proposing a series of tough measures and plans to hike tourism taxes.

Philips Lighting joins Amsterdam's top-tier AEX index

Philips Lighting which split from its electronics giant parent company to list as a standalone on the Amsterdam stock exchange in 2016, announced Wednesday it was joining the market's top-tier AEX index.

Image: Amsterdam, Netherlands

The Copernicus Sentinel-2B satellite takes us over part of the western Netherlands on 16 March, with the capital city of Amsterdam at the centre of the image.

Amsterdam to pilot world's first 'self-drive' boats

Amsterdam's iconic canals may soon see the world's first driverless boats, doing everything from moving people and goods to providing "pop-up" bridges and cleaning up thousands of dumped bicycles, the project's scientists ...

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Amsterdam

Amsterdam (/ˈæmstərdæm/; Dutch [ˌɑmstərˈdɑm] ( listen)) is the largest city and the capital of the Netherlands. The current position of Amsterdam as capital city of the Kingdom of the Netherlands is governed by the constitution of August 24, 1815 and its successors. Amsterdam has a population of 783,364 within city limits, an urban population of 1,209,419 and a metropolitan population of 2,158,592. The city is in the province of North Holland in the west of the country. It comprises the northern part of the Randstad, one of the larger conurbations in Europe, with a population of approximately 7 million.

Its name is derived from Amstelredamme, indicative of the city's origin: a dam in the river Amstel. Settled as a small fishing village in the late 12th century, Amsterdam became one of the most important ports in the world during the Dutch Golden Age, a result of its innovative developments in trade. During that time, the city was the leading center for finance and diamonds. In the 19th and 20th centuries, the city expanded, and many new neighborhoods and suburbs were formed. The 17th-century canals of Amsterdam (in Dutch: 'Grachtengordel'), located in the heart of Amsterdam, were added to the UNESCO World Heritage List in July 2010.

The city is the financial and cultural capital of the Netherlands. Many large Dutch institutions have their headquarters there, and 7 of the world's top 500 companies, including Philips and ING, are based in the city. In 2010, Amsterdam was ranked 13th globally on quality of living by Mercer, and previously ranked 3rd in innovation by 2thinknow in the Innovation Cities Index 2009.

The Amsterdam Stock Exchange, the oldest stock exchange in the world, is located in the city center. Amsterdam's main attractions, including its historic canals, the Rijksmuseum, the Van Gogh Museum, Stedelijk Museum, Hermitage Amsterdam, Anne Frank House, Amsterdam Museum, its red-light district, and its many cannabis coffee shops draw more than 3.66 million international visitors annually.

This text uses material from Wikipedia, licensed under CC BY-SA