DONG targets market value of $16bn
DONG Energy has set a high price for its long-planned stock market listing next month. The partially state-controlled company set its price range at DKK200-255 per share, Thursday, implying a total market value…
MoreMaersk pulls out of Greenland
The low global price of oil has forced Maersk to drop plans to drill off the north-west coast of Greenland. Maersk Oil is one of four companies involved in exploration activities in the…
MoreMaersk bids to renew Qatar oil field contract
Maersk Oil is one of six international oil firms that have bid to operate Qatar’s largest offshore oil field, which the Danish company has developed for the past 25 years. State-owned Qatar Petroleum…
MoreNo anti-Islam play for Royal Theatre
The Danish Royal Theatre (Det Kongelige Teater) has rejected accusations of bowing down to Muslim pressure after announcing it won’t be presenting a play based on the British author Salman Rushdie’s controversial novel ‘The…
MorePM calls for ‘painful reforms’ of welfare
Prime Minister Lars Løkke Rasmussen stressed the need for more reforms of the welfare state on the first day of the mini economic summit, Wednesday, and warned some of them could be ‘painful’…
MoreGovernment preparing tax hike
The government is preparing to increase income tax to fund green conversion in the future. After scrapping the PSO duty on electricity the Danish state is facing a shortfall in revenue, which, according…
MoreNew right-wing party challenges DPP
The Danish People’s Party (DPP) is facing a challenge to its traditional role as Denmark’s most right-wing party from the newly formed ‘New Conservatives’ (Nye Borgerlig). Although the newcomers claim ‘Denmark needs a…
MoreState employee fell for million-dollar e-mail scam
A ‘leading civil servant’ at the Patent & Trademark Office, part of the Business & Growth Ministry, transferred a million US dollars to a Chinese bank account after receiving a scam Nigeria mail …
MoreMajority agreement for war review
The 80,000 classified documents made available to the disbanded Iraq Commission will now form the basis of an historic, comprehensive review of Denmark’s war effort over the past two decades. The government and its…
MorePhotographer acquitted of racism
A former press photographer has been acquitted of racism after equating Islam with Nazism. 68-year-old Ole Flemming Nielsen was found guilty and fined by a lower court earlier this year for writing on…
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