Consumer watchdog calls for Temu boycott
The Consumer Council has urged consumers to boycott the much-criticised online platform Temu just days after three of Denmark’s biggest pension funds announced they would divest millions from its parent company, PDD Holdings….
MoreInvestment in defence shares up by 1000%
Investment in military-related shares has soared over the past three years. A new report from Finance Denmark, based on data from the nation’s six largest banks, reveals that Danish investors’ private holdings in…
MoreNovo cuts back on recruitment following massive hiring drive
After massive hiring for its multi billion-kroner factory expansion projects in Kalundborg and Hillerød pharmaceutical giant Novo Nordisk is cutting back on recruitment. In an interview with Bloomberg News, Chief Financial Officer Karsten…
MoreBig welcome planned for Egypt’s president despite human rights violations
The government is preparing to roll out the red carpet for Egypt’s President Abdel Fattah el-Sisi on Friday even though he’s been accused of human rights violations and the violent overthrow of democratically…
MoreLife sentence for Christiania murderers
Four men have received a life sentence for their roles in a gangland slaying in the ‘free state’ of Christiania last year when a 30-year-old Hells Angels biker was killed and innocent bystanders…
MorePension funds divest millions from Chinese megastore Temu
Three of Denmark’s biggest pension funds – PensionDanmark, PFA Pension, and Lærernes (Teachers) Pensions – are dumping DKK 471m ($66 m) worth of shares in PDD Holdings, the parent company of the much-criticised…
MoreCopenhagen attractive to expats
Denmark again ranks high on Mercer’s latest Quality of Living Report, designed to help determine which countries offer expats the best quality of life. Zurich, Vienna, and Geneva take the first three spots…
MoreFaroe Islands look to renew controversial fishing deal with Russia
The Faroe Islands are looking to renew their long-standing fishing agreement with Russia, a reciprocal deal that grants Russian vessels access to Faroese waters in exchange for Faroese fishermen catching cod in the…
MoreCarlsberg sells Russian business
Carlsberg has agreed to sell its Russian assets in a $320m deal. The surprising move comes just one day after Russian media reported that the brewing giant’s former assets in the Russian Federation…
MoreDanish companies post big earnings in Russia despite sanctions
Big-name Danish companies continue to generate significant revenues in Russia despite sanctions and the ongoing conflict in Ukraine. Financial statements reveal that firms like Rockwool, Novo Nordisk, Ecco, and Pindstrup collectively made billions…
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