228 people nabbed in money laundering crackdown
Denmark took part in a major international crackdown on money laundering carried out by Europol, Wednesday. Following a three-month global investigation known as the European Money Mule Action, 228 people were arrested in…
MoreWork starts on Nord Stream 2 in Danish waters
The company constructing the controversial Nord Stream 2 pipeline, which was only cleared for transit through Denmark’s economic zone by the Danish Energy Agency six weeks ago, has started laying the Danish section…
MoreNational Bank props up weak krone
The National Bank has intervened for the second month in arrow and sold foreign currency to prop up the ailing krone and support its fixed link to the euro. As forecast, Tuesday, the…
MoreBusiness shorts
Nordea stops Bitcoin speculation….Rockwool rocks Romania…Black Friday spending record…. A Danish court has upheld Nordea Bank’s right to prevent its employees from investing in Bitcoin and other crypto-currencies, even when they’re not at…
MoreChinese, U.S. ambassadors in Faroe Islands dispute
The Faroe Islands’ home rule government has taken legal action to stop TV news coverage of a secret meeting between China’s ambassador to Denmark and Faroese officials. Berlingske reports how 20 minutes before…
MorePM announces increase in Arctic spending ahead of talks with Trump
Prime Minister Mette Frederiksen will today inform President Trump that Denmark is prepared to triple defence spending in the Arctic amid concerns that an increasing split between NATO, Russia and China could see…
MoreDanish schoolkids still lagging behind in PISA survey
Despite political initiatives aimed at science subjects Danish schoolkids have fallen down the rankings in the latest PISA (Programme for International Student Assessment) report. The international rankings compare the performance of 15-year-olds in…
MoreSmokers face 50% price hike
Smokers in this country could soon be filling their lungs with some of the most expensive cigarettes in the EU. As part of the new budget agreement the price of a packet of…
MoreSaudi prince invests $12 million in HIV research company
Enochian Biosciences (ENOB), a Danish biotech company focused on the treatment and cure of HIV, has been given a $12m cash boost by a wealthy Saudi prince. Berlingske reports how HRH Mohammed bin Saud bin Naif bin Abdulazi Al…
MorePension fund targets France in new investment strategy
PFA, the largest customer-owned pension company in Denmark, has announced three new real estate investments totalling DKK3.4bn (€455m) in French assets, including an office and residential property in in the classically built Square d’Orleans in…
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