State reaps reward from Ørsted sell-off
Partially state-owned energy giant Ørsted is looking forward to a windfall profit after selling its 50% stake in the Hornsea offshore wind farm off the UK coast to a New York based investment fund….
MoreDanske Bank knew clients were on Russian government blacklist
As Danske Bank prepares to release the finding of its long-awaited internal probe report into the money laundering scandal at 10am today, the Wall Street journal reports that Denmark’s largest bank reportedly knew…
MoreSocial Democrats will ‘squeeze’ unemployed immigrants
Immigrants claiming social benefits will be required to attend a state-funded work scheme or training course for 37 hours a week if the Social Democrats win power at the next election. Inspired by…
MoreDPP, Social Democrats join forces to block visa proposal
Despite repeated reports of a labour shortage a political majority has dismissed a plea from the Confederation of Danish Industry (DI) to ease immigration restrictions. DI has called for a 20% reduction in…
MoreLocal mayors urge companies to give refugees a chance
Local mayors have urged companies to ease their recruitment problems by hiring refugees and re-schooling them. The Social Democrat mayor of Holsterbro, Hans Christian Østerby, said there are many refugees ready to fill…
MoreCutbacks at DR
State-run TV and radio broadcaster DR has been forced to implement wide ranging cutbacks to live up to the government’s media bill, passed in July, that slashed DKK773m (€100m) from its operating budget….
MoreAppeal ruling for Submarine Slayer next week
The High Court said yesterday it will rule next week on a sentencing appeal by Submarine Slayer Peter Madsen and dismissed the need for a re-trial, after the killer’s original appeal against a…
MoreVestager targets German carmakers in EU probe
Denmark’s feisty Competition Commissioner Margrethe Vestager launched a probe Tuesday into concerns that Germany’s leading carmakers conspired to limit the development of clean emissions technology. The investigation is a decisive step from the…
MoreBusiness shorts
Novo fires 400 / Pandoro shares jump after takeover rumours / Vestas wins Canadian bid Danish pharma giant Novo Nordisk, the world’s top maker of diabetes drugs, said on Tuesday that it will…
MoreCopenhagen University outlaws racial stereotypes
Legal undergraduates starting at Copenhagen University (KU) this week have been warned not to dress up as Indians or Mexicans at a freshers’ fancy dress party following complaints from ethnic minority students. Although…
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