Edition:
United Kingdom

Nikolaj Skydsgaard

Denmark weighs issuing green sovereign bonds

13 Nov 2019

COPENHAGEN Denmark's central bank is looking at ways to issue new debt earmarked for green investments, known as green bonds, it said on Wednesday, as the government looks to fund an ambitious goal of reducing carbon emissions by 70% by 2030.

Danske Bank tempers full-year profit expectations, unveils plan to control costs

01 Nov 2019

COPENHAGEN Danske Bank shares fell more than 4% on Friday after the troubled lender said its annual profit would come in at the low end of forecasts, and unveiled plans to get costs and compliance under control by 2023.

Orsted's lower output view eclipses strong third-quarter , shares fall

29 Oct 2019

COPENHAGEN Lower output forecasts and project returns from Orsted eclipsed a jump in third-quarter profit, sending shares in the world's largest offshore wind energy developer down as much as 10% on Tuesday.

Danish banks boost profit forecasts on mortgage boom, low rates

08 Oct 2019

COPENHAGEN Danish lenders Vestjyske Bank and Spar Nord raised their profit guidance on Tuesday, saying they expect a boost from high activity in the country's mortgage business, which has been fueled by negative interest rates.

Danish pension funds back 'green transition' with $50 billion

23 Sep 2019

COPENHAGEN Danish private pension funds on Monday pledged to invest more than $50 billion in green assets over the next decade to fight climate change, as part of Denmark's ambition to reduce greenhouse gas emissions by 70% in 2030.

Lundbeck buys Alder for $2 billion, eyes 'blockbuster' migraine therapy

16 Sep 2019

COPENHAGEN Denmark's Lundbeck has agreed to buy Alder BioPharmaceuticals in a deal valued at almost $2 billion, hoping to reap profits from a potential blockbuster migraine drug.

Trump calls Danish PM's rebuff of Greenland idea 'nasty' as trip cancellation stuns Danes

22 Aug 2019

WASHINGTON/COPENHAGEN President Donald Trump declared Danish Prime Minister Mette Frederiksen's dismissal of his idea to buy Greenland "nasty" and an affront to the United States on Wednesday, a day after shocking Danes by cancelling a Copenhagen visit over the rebuff. | Video

Shock in Denmark after Trump, spurned over Greenland, cancels visit

21 Aug 2019

COPENHAGEN Danes voiced shock and disbelief on Wednesday at U.S. President Donald Trump's cancellation of a visit to Denmark after his idea to buy Greenland was rebuffed, although Prime Minister Mette Frederiksen said she believed relations would not be affected. | Video

Recovery signs boost jeweller Pandora despite profit drop

20 Aug 2019

COPENHAGEN Smaller sales declines in key markets Britain and Italy and a step up in restructuring efforts helped to lift Danish jewellery maker Pandora's beaten down shares on Tuesday, despite a drop in second-quarter earnings. | Video

Premium brews in Asia stoke Carlsberg's half-year sales

15 Aug 2019

Danish brewer Carlsberg posted a solid rise in half-year sales thanks to Asian markets, where consumers are trading up from mainstream beers to pricier premium brands, lifting its shares 5 percent on Thursday. | Video

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