New Omicron variant gaining ground
A new omicron subvariant is moving through Danish society at a rapid pace. BQ.1.1, which was found in only 0.5% of all tests three months ago, is now responsible for 40% of all…
MoreDanske Bank pays multi-million dollar fine to settle fraud case
Danske Bank pleaded guilty to bank fraud in the U.S. on Tuesday and agreed to pay $2 bn. In a New York court case, Denmark’s biggest bank admitted conspiring to commit bank fraud…
MoreDenmark under pressure to apologise for slavery
Denmark could come under increasing pressure to apologise for its colonial-era slavery if, as expected, the Dutch government does so later this month. Netherlands Prime Minister Mark Rutte said after meeting with representatives…
MoreEllemann-Jensen defends mink U-turn: ‘We have won big concessions’
Following massive internal criticism for his U-turn on the mink scandal investigation, Liberal leader Jacob Ellemann-Jensen assured the party’s executive committee last night that he had won a number of concessions from acting…
MoreAnalysts: Liberal leader needs political payback for mink climbdown
Jacob Elleman-Jensen will be looking for political payback in the form of across-the-board tax cuts after dropping his demand for a legal inquiry into the mink scandal, analysts said yesterday. According to TV2’s…
MoreConservatives declined government offer
The Conservatives declined an offer to join the upcoming government because they were unwilling to drop their demand for a legal inquiry into the Minkgate scandal. Following the Liberals’ and Moderates’ U-turn, Sunday,…
MoreSlight rise in unemployment could signal economic slowdown
The employment rate has risen for the first time since July, a sign that the economy could be cooling down, leading economists warned last night. The latest Statistics Denmark figures show the number…
MoreInflation slows
Inflation has slowed for the first time in 11 months. The consumer price index rose by 8.9% in November compared to the same month last year, considerably lower than October’s annual rate of…
MoreBusiness shorts
Maersk appoints first-ever foreign-born CEO….Danske Bank investors launch appeal…Biotech giants amalgamate…. Denmark’s biggest company, shipping giant A.P. Møller-Maersk, has appointed a new CEO. 50-year old Swiss national, Vincent Clerc, will replace outgoing boss…
MoreModerates, Liberals back down on mink inquiry ultimatum
Moderates leader Lars Løkke Rasmussen and Liberal leader Jacob Ellemann-Jensen have backed down from their demand for an independent legal probe of acting prime minister Mette Frederiksen’s role in the Minkgate affair –…
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