Global uncertainty fuels consumer pessimism
Consumer confidence continued to head south in July as people became increasingly pessimistic about their spending power as inflation continues to rise. The latest Statistics Denmark figures show the consumer confidence index fell…
MoreBankruptcies up 65%
There was a 65% increase in bankruptcies last month compared to the same period in 2021 and there’s more to come according to Danske Bank. Head of commercial business affairs, Christin Tuxen, said…
MoreFormer PM criticises Macron
Ex-prime minister Anders Fogh Rasmussen has lashed out at France’s President Macon for his efforts at telephone diplomacy with Vladmir Putin. In an interview with American current affairs magazine, The Atlantic, the former…
MoreLiberals embrace ‘Arne Pension’ they voted against
The Liberals (Venstre) have backed down and will no longer push to abolish the early retirement scheme for ‘worn out workers’, popularly known as the ‘Arne pension’. Following a new poll showing 57%…
MoreEllemann Jensen gearing up for election
The Liberals’ turnaround on the ‘Arne Pension’ is a strong sign they’re preparing for an election campaign later this year, Avisen Danmark’s politics editor Casper Dall said last night after opposition leader Jacob…
MoreRussian nuclear sub in Danish waters
The Danish Navy escorted a Russian nuclear submarine through Denmark’s territorial waters, Tuesday. Steffen Lund, duty officer at the Danish military’s Joint Operations Centre (Forsvarets Operationscenter) said the 140-metre-submarine, escorted by two Russian…
MoreOptimism at SAS as strike ends but more problems ahead
There were signs of optimism at Scandinavian Airlines (SAS) yesterday after management concluded a wage agreement with pilots, bringing an end to the 13-day strike that’s cost the company an estimated $150m. Although…
MoreBusiness shorts
Vestas drops Japan plan….Bavarian Nordic wins new monkey pox contract…Copenhagen restaurant named world’s best….. Clean energy giant Vestas has dropped plans to build a wind turbine plant in Japan after the customer failed…
MoreSAS pilots strike over
SAS and pilots’ unions reached a wage deal late last night, bringing an end to the 13-day strike that’s parlalysed the struggling airline. A majority of SAS pilots in Denmark, Sweden, and Norway…
MorePM’s closest advisor in new controversy
The Ministry of State has denied reports that the Prime Minister’s closest advisor, head of department Barbara Bertelsen, is involved in the hiring of the new director of the agency that’s investigating her…
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