Consumers buy less as inflation rages
As inflation continues to hit new heights, retail sales declined for the first time in three months in September. The latest Statistics Denmark figures show retail sales fell 0.4 percent month-on-month in September…
MoreDanske Bank prepares for multi-million dollar fines
The money laundering scandal continues to cast a dark shadow over Danske Bank. Denmark’s biggest bank, preparing for multi-million dollar fines related to its involvement in the Estonia scandal, said yesterday it would…
MoreNational Bank raises interest rate
The National Bank raised its key interest rate to 1.25% on Thursday, its highest level in thirteen years following a rate hike earlier in the day by the European Central Bank (ECB). Las…
MoreBusiness shorts
Danske Bank fires 150….Carlsberg raises profit forecast following strong Asia sales….Baltic pipeline delay…. Danske Bank has cut 150 jobs in Denmark as part of a ’restructuring process’ to reduce costs. The move comes…
MoreFormer PM looks like the big winner on Tuesday
With five days to go to the election the Moderates have maintained their support and party leader Lars Løkke Rasmussen looks like playing a crucial role in who becomes the next prime minister….
MorePM to Løkke: Keep your nose out
Prime Minister Mette Frederiksen has urged her predecessor, Lars Løkke Rasmussen, to keep his nose out of internal Social Democrat affairs. After the Moderates leader told tabloid daily BT that it would be…
MoreElection briefs – Day 22
Although Lars Løkke Rasmussen looks like playing a decisive role in the outcome of Tuesday’s election he hasn’t participated in any of the televised prime minister candidates debates. The former prime minister said…
MoreDefence Intelligence: No direct threat to Denmark
While there’s been no direct threat to Denmark or Danish forces since war broke out in Ukraine the military has contingency plans in place, the Defence Intelligence (FE) agency said in its latest…
MoreEnergy sector vulnerable to Russian hackers
While the military threat to Denmark remains low there’s a high risk that the Danish energy sector could be targetted by Russian hackers, an expert in cyber security warned last night. According to…
MoreChristiania slaying
A 23-year-old man was shot and killed in the ‘free state’ of Christiania, late Wednesday. According to initial reports the man was shot at ‘point blank range’ by his killer, described as ‘a…
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