Edition:
United Kingdom

Nikolaj Skydsgaard

Maersk sees shipping recovery on horizon as profit tops forecast

11 May 2017

COPENHAGEN A.P. Moller-Maersk beat first-quarter net profit forecasts on Thursday, boosted by the energy business it plans to spin off, but also reported signs of improvement at its long-suffering container shipping business.

Carlsberg beats sales forecasts as drinkers go more upmarket

04 May 2017

COPENHAGEN Carlsberg stuck to its 2017 profit forecast on Thursday as the Danish brewer reported a 5 percent rise in first quarter sales, with lower overall volumes offset by an improved price mix as drinkers opted for pricier beers.

Uber eyes EU expansion despite Denmark setback, looming EU court ruling

18 Apr 2017

COPENHAGEN Uber Technologies [UBER.UL] sees opportunities to expand in the Europe Union, despite withdrawing its ride-hailing service from Denmark and facing the possibility of an EU court ruling that could mean tougher rules for the firm, an Uber executive said.

Uber to end services in Denmark after less than three years

28 Mar 2017

COPENHAGEN Ride-hailing group Uber Technologies [UBER.UL] will withdraw services in Denmark next month due to a taxi law that sets out new requirements for drivers such as mandatory fare meters, the company said on Tuesday.

Dairy giant Arla boosts investments as milk supply seen rising

31 Jan 2017

COPENHAGEN, Jan 31 Denmark-based dairy company Arla Foods aims to increase its investments in processing plants this year by 47 percent to 335 million euros ($357 million) as it seeks to turn more milk supplied by its farmers into higher value products such as mozzarella cheese.

Facebook to build third foreign data center in Denmark

19 Jan 2017

COPENHAGEN Facebook will build a new data center in the Danish city of Odense, the California-based tech company said at a press conference with local authorities, only the third such facility outside of the United States.

Denmark's new government could ease taxi law

01 Dec 2016

COPENHAGEN Denmark's new liberal government could move to deregulate taxi laws, transport minister Ole Birk Olesen told Reuters, a move that would help Uber [UBER.UL] to challenge opposition from industry and union supporters in parliament.

INTERVIEW-Denmark's new government could ease taxi law

01 Dec 2016

COPENHAGEN, Dec 1 Denmark's new liberal government could move to deregulate taxi laws, transport minister Ole Birk Olesen told Reuters, a move that would help Uber to challenge opposition from industry and union supporters in parliament.

Novo Nordisk reports Tresiba insulin achieves target in study

29 Nov 2016

COPENHAGEN Novo Nordisk's long-acting insulin blockbuster Tresiba has a safe cardiovascular profile and reduces episodes of severely low blood glucose levels in patients with type 2 diabetes, the Denmark-based company said on Tuesday.

Danish right-wing party hurt by EU fraud investigation

25 Nov 2016

COPENHAGEN Denmark's main eurosceptic party, which built a huge voter base in the last decade, has been hit by an investigation into possible misuse of EU funds, an opinion poll showed on Friday.

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