Weak dollar hits earnings
It’s estimated that the weak U.S. dollar has cost Denmark’s top-25 ‘blue-chip’ companies around DKK12bn in earnings, but there’s no cause for concern according to leading economists. The dollar took a further dip,…
MoreDenmark moves up competitiveness rankings
Switzerland still leads the way on the latest Global Talent Competitiveness Index (GTCI) while Denmark comes in at no.7, up from 8th last year. The report, published this week by INSEAD, the Business School for…
MorePM pushes for human rights reform
The convention system is ‘out of sync’ with countries’ needs and the European Court’s interpretation of human rights needs to be reformed, Prime Minister Lars Løkke Ramussen said in a speech to the…
MoreDI: Trump’s protectionist policies damaging to Denmark
President Trump’s decision to impose steep tariffs on imports of washing machines and solar energy cells and panels, Monday, has been denounced by trade and business analysts in this country as the biggest…
MoreNordea: Labour shortage will limit growth
The economic upswing will slow this year as the lack of manpower impacts on growth, yet unemployment will continue to fall and real wages will rise, a new cautiously optimistic projection by the…
MoreFinance Minister: Skilled migrants ‘good business’ for Denmark
6,000 highly-skilled foreign professionals contribute a billion kroner a year to state coffers, a new Finance Ministry report shows. The figures will form the basis for the government’s argument not to increase the salary…
MoreBoeing close to ruling on fighter jet dispute
Copenhagen District Court will rule on March 23rd as to whether American aviation giant Boeing should be granted access to documents used in the government’s decision last year to buy Lockheed’s new F-35 Lightning…
MoreVestager fines Apple supplier
Feisty Danish EU Commissioner Margrethe Vestager has again hit a U.S. multinational with a multi-million fine. Qualcomm has been ordered to pay €997m ($1.2 bn) for making payments to Apple on the condition that…
MoreNew citizens’ initiative gives power to the people
Any person voting age in Denmark will in future be able to propose a new law – if he or she can find 49,999 other like-minded citizens to sign on to the idea….
MoreCatalonia leader meets opposition MPs
Prime Minister Lars Løkke Rasmussen declined to comment on Carles Puigdemont’s visit to the Danish parliament, Tuesday, when the Catalonian separatist leader held talks with opposition MPs. Mr Puigdemont was invited to a…
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