Business shorts
Biggest company, biggest taxpayer….Novo Nordisk concludes historic deal….SAS creditors to get less than 10% of what they are owed…. In line with its record earnings Novo Nordisk is also the company that pays the…
MoreDanish support for U.S. military strikes in Yemen
The massive US bombardment of military targets in Houthi-controlled areas of Yemen, Saturday, was carried out with the full support of Denmark. In a press release following the late-night raid, in retaliation for…
MoreDefence chief: Time is running out to prepare for Russian threat
Denmark’s top military leader has warned that Russia is rebuilding its military stockpiles much faster than previously thought and Denmark and other NATO countries only have a limited number of years to rearm….
MoreDenmark secures Argentine F-16 deal with U.S. backing
The government has successfully brokered a deal to sell 24 decommissioned F-16 fighter jets to Argentina, backed by a favourable loan to the Latin American nation by the United States. The sale, a…
MoreTax scammer sentenced to six years in prison
The first foreign fraudster has been convicted in Denmark’s biggest ever tax scam. British citizen Guenther Klar was sentenced to six years in prison, Friday, after Glostrup District Court found him guilty of defrauding the…
MorePension companies drop Israeli investments
Amid the war in Gaza, leading Danish pension funds and banks have pulled back on investments in Israel to avoid financing Israeli settlements in the West Bank. Velliv, a pension company with over…
MoreNordic Waste landslide garners international headlines
The landslide and looming ecological crisis in the small Jutland village of Ølst has drawn the attention of foreign media, including British newspapers, the Guardian and the Times, as well as media outlets…
MorePM leads the call for more arms, ammunition to Ukraine
Although European Union leaders unanimously agreed on Thursday to extend €50bn ($54bn) in aid to Ukraine the work isn’t finished according to Prime Minister Mette Frederiksen, who said last night the immediate focus is on…
MoreRight-wing party continues to attract voters
The right-wing Liberal Alliance (LA) would be the 2nd-biggest party in parliament if an election was held today. Less than two years after sinking to under 2%, the minimum needed for parliamentary representation,…
MoreRefugee Council advisor helped African father to abduct his own children
The Danish Refugee Council (DRC) has been asked to explain why a former employee helped a father to abduct his children to an African country. BT News reports that the official also ‘sat…
More
