Edition:
United Kingdom

Jacob Gronholt-Pedersen

Danske Bank cuts 50 jobs in FX, fixed income business

21 Nov 2019

COPENHAGEN Danske Bank said on Thursday it has cut about 50 jobs in its foreign exchange and fixed income business as part of a broader exercise to cut costs.

Maersk keeps down costs with uncertain container traffic outlook

15 Nov 2019

COPENHAGEN A.P. Moller-Maersk said on Friday prospects for a pick-up in demand for seaborne container traffic were clouded by an uncertain economic outlook but the shipping group's focus on driving down costs helped its shares higher.

UPDATE 2-Danish group ISS's shares plunge after forecast cut

06 Nov 2019

* Political unrest in Hong Kong adds further pressure (Adds CEO interview, detail on cost savings, updates shares)

Denmark's new government to boost spending after years of austerity

02 Oct 2019

COPENHAGEN Denmark's new Social Democratic government said on Wednesday it would pour more money into healthcare, education and the welfare system, following through on its campaign pledge to reverse years of cuts by previous administrations.

Denmark fines German bank $16 million in dividend tax scam

23 Sep 2019

COPENHAGEN Germany's North Channel Bank has been fined 110 million Danish crowns ($16.2 million) by a court in Denmark for its involvement in a dividend stripping scheme.

CORRECTED-UPDATE 1-Denmark fines German bank $16 million in dividend tax scam

23 Sep 2019

COPENHAGEN, Sept 23 Germany's North Channel Bank has been fined 110 million Danish crowns ($16.2 million) by a court in Denmark for its involvement in a dividend stripping scheme.

Danske Bank poaches Commerzbank finance chief in post-scandal shake-up

05 Sep 2019

COPENHAGEN Danske Bank named Stephan Engels from Commerzbank as its finance chief on Thursday, in an ongoing overhaul by the Danish lender's new boss to restore trust after its involvement in a damaging money laundering scandal.

Jeweller Pandora aims to regain sparkle after LA relaunch

29 Aug 2019

COPENHAGEN Danish jewellery maker Pandora is stepping up efforts to win back shoppers with a brand relaunch in Los Angeles, plus new themed collections based on Harry Potter and Walt Disney's Frozen and a revamp of its stores.

Struggling jewellery maker Pandora to relaunch brand at LA event

29 Aug 2019

COPENHAGEN Pandora , the world's biggest jewellery maker, will relaunch its brand at an event in Los Angeles later on Wednesday as it tries to attract middle-class shoppers seeking affordable luxury back to its stores.

Struggling jewellery maker Pandora to relaunch brand at LA event

28 Aug 2019

COPENHAGEN, Aug 28 Pandora, the world's biggest jewellery maker, will relaunch its brand at an event in Los Angeles later on Wednesday as it tries to attract middle-class shoppers seeking affordable luxury back to its stores.

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