Nordea to make relocation decision today
Nordea is holding what could be a decisive meeting in Copenhagen this morning when board members will decide whether to relocate headquarters to the Danish capital, Helsinki, or remain in Stockholm. Scandinavia’s biggest…
MoreLego fires 1,400 as sales drop
Lego will cut 1,400 jobs, or about eight percent of its global workforce, after a decade of rapid expansion more than doubled hiring to the current level of about 18,200. After enjoying years…
MoreNovo settles multi-million lawsuit
Novo Nordisk, Denmark’s most profitable company, has agreed an out of court settlement in the U.S. of around DKK400m ($58.7m) to resolve a Justice Department probe of the company’s allegedly illegal marketing of its…
MoreLøkke: ‘No EU membership for Turkey in my lifetime’
Turkey will not become a member of the EU in the foreseeable future, Prime Minister Lars Løkke Rasmussen said yesterday echoing German Chancellor Angela Merkel who warned during a TV debate with her Social…
MoreAzerbaijan uses Danske Bank for money laundering
The authoritarian regime in Azerbaijan has for years funneled millions of dollars through the Danske Bank to lobby governments and opinion makers throughout Europe. Berlingske reports how the regime has used four accounts…
MoreGovernment wants rapid deployment brigade
The government is pushing for a rapid deployment force of 4,000 troops ready to be deployed around the world. Both the Danish People’s Party (DPP) and Social Democrats have indicated they will support…
MoreDanish terrorist killed in Syria
Wanted Danish terrorist Basil Hassan has reportedly been killed in battle somewhere in or around Syria. Hassan is suspected of attempting to assassinate Danish author and critic of Islam Lars Hedegaard in his…
MoreMigrants stranded on Danish ferry
12 migrants have for the past month been stuck on board a Danish ferry that sails between Turkey and Ukraine in the Black Sea. According to reports the situation is becoming more and…
MoreFinance sector leaders aiming to boost Copenhagen following Brexit
Top business leaders are hoping to make Copenhagen a financial powerhouse following Great Britain’s EU exit. In a joint op-ed article in financial daily Børsen the heads of PFA Pension, Nykredit, and Copenhagen…
MoreChina-DK wind farm agreement
China and Denmark have agreed to work together to build a wind farm off China’s shores, Energy Minister Lars Christian Lilleholt said after a meeting with the director of China’s National Energy Administration,…
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