Edition:
United Kingdom

Jacob Gronholt-Pedersen

Maersk warns coronavirus outbreak to hit 2020 earnings

20 Feb 2020

COPENHAGEN Shipping giant Maersk warned on Thursday that the coronavirus outbreak would weigh on earnings this year, compounding the woes of a container shipping industry already subdued by trade wars and an economic slowdown. | Video

Coronavirus disrupts air and sea freight, prices set to rise - DSV

07 Feb 2020

COPENHAGEN China's fast-spreading coronavirus is squeezing air and sea freight capacity in the country with a spike in freight rates a likely consequence, one of the world's biggest transport and logistics companies said on Friday.

Coronavirus disrupts air and sea freight, prices set to rise: DSV

07 Feb 2020

COPENHAGEN China's fast-spreading coronavirus is squeezing air and sea freight capacity in the country with a spike in freight rates a likely consequence, one of the world's biggest transport and logistics companies said on Friday.

Novo Nordisk sees slower 2020 growth with U.S. insulin prices pressured

05 Feb 2020

COPENHAGEN Diabetes drug maker Novo Nordisk said on Wednesday it expects its business to grow at a slower pace in 2020 compared to last year with insulin prices in the United States likely to remain under pressure.

Denmark sources record 47% of power from wind in 2019

02 Jan 2020

COPENHAGEN Denmark sourced almost half its electricity consumption from wind power last year, a new record boosted by steep cost reductions and improved offshore technology.

UPDATE 3-Greenland says not considering Huawei for 5G rollout, sticking with Ericsson

19 Dec 2019

COPENHAGEN, Dec 19 Greenland does not plan to consider China's Huawei for supplying equipment for its 5G telecoms network and will instead stick with its current telecoms provider Ericsson, state telecoms operator Tele Greenland said on Thursday.

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.

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