Denmark Financial News
09.01 / 13:32
companies
bonds
Acquisition
fixed income
Boutique
Impax AM bolsters fixed income arm with acquisition of Danish bond boutique
Impax CEO Ian Simm (pictured) said the acquisition is 'an important step' in the 'continued enhancement' of the firm's fixed income offering.
09.01 / 04:57
Remark
Celebrity
beautiful
testing
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Destinations
Ex-Pakistani cricketer's one-word post amid Maldives row goes viral. Netizens ask 'when are you coming to Lakshadweep'
Maldives controversy, former Pakistan cricket team spinner, Danish Kaneria, made a statement on his official X (formerly known as Twitter) handle. Kaneria, known for his subtle posts, published the word "Lakshadweep" accompanied by a fire emoji.
08.01 / 09:51
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Sustainability
Research
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innovations
Denmark announces alliance on green fuels in India
Chennai: Denmark has announced its Green Fuels Alliance India (GFAI) initiative to boost collaborative efforts between the two countries in the sustainable energy solutions sector and advance their joint global goal towards carbon neutrality. Led by the Danish Embassy and the Consulate General of Denmark in India, the new alliance is a strategic initiative poised to play a pivotal role in advancing the green fuels sector, including green hydrogen, by fostering innovation, collaboration, and partnerships between Danish industries and their counterparts in India. GFAI's primary objective is to promote sustainable energy growth in India by establishing an ecosystem that encourages collaboration among businesses, government entities, research institutions, and financial stakeholders from both the Indian and Danish sectors. Nine pioneering Danish organisations have already committed to the GFAI initiative as founding members, including Maersk, Topsoe, Umwelt Energy, Mash Makes, European Sustainable Solutions, Novozymes, Danfoss, Brdr.
08.01 / 09:17
UPS
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open
European shares open lower as energy stocks, higher yields weigh
(Reuters) — European shares opened lower on Monday, extending their lacklustre start to the year, as higher government bond yields and tepid energy stocks weighed on risk appetite.
05.01 / 14:50
05.01 / 13:57
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security
Southern
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Maersk diverts shipping away from Red Sea region for "foreseeable future"
Investing.com -- Shipping giant Maersk (CSE:MAERSKb) has said it would divert its vessels away from the Red Sea region for the «foreseeable future» in response to «significantly elevated» security risks posed by recent attacks by Yemen's Iran-backed Houthis.
05.01 / 12:34
COST
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Maersk warns of major disruption as diverts ships away from Red Sea
By Jacob Gronholt-Pedersen
04.01 / 18:23
03.01 / 17:58
Waters
Extreme
Death
country
reports
Schools
Extreme cold grips Nordic countries as floods hit western Europe
snowstorms disrupting transportation and closing schools in Scandinavia while strong winds and heavy rain in western Europe caused flooding and at least one death. Temperatures fell below minus 40 degrees Celsius (minus 40 degrees Fahrenheit) in the Nordic region for a second day in a row Wednesday. In Kvikkjokk-Arrenjarka in Swedish Lapland, the mercury dropped to minus 43.6 C (minus 46.5 F), the lowest January temperature recorded in Sweden in 25 years, Sweden's TT news agency reported.
03.01 / 03:47
FIVE
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Traffic
Houthis show no sign of ending 'reckless' Red Sea attacks as trade traffic picks up, commander says
The top commander of U.S. naval forces in the Middle East says Iranian-backed Houthi rebels are showing no signs of ending their “reckless” attacks on commercial ships in the Red Sea
03.01 / 02:42
Apple
Remark
Tesla
MSCI
reports
Asian shares extend global sell-off, dollar holds gains
Asian shares extended a global sell-off on Wednesday while the dollar held gains as market optimism about early and aggressive U.S. interest rate cuts ebbed ahead of the release of Fed minutes and jobs data. MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.1% after a 1.0% drop the previous day in a sluggish start of the new year.
02.01 / 17:23
Provident
Reuters
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Oil prices up $2 on supply disruption fears after latest Red Sea attack; Brent over $77/bbl
₹5,942 per bbl, having swung between ₹5,935 and ₹6,148 per bbl during the session, against a previous close of ₹6,027 per barrel. Also Read: India increases oil imports from Saudi as Russian purchases fall to 11-month low in December -A Reuters survey of economists and analysts predicted that Brent crude would average $82.56 a barrel this year, up slightly from the 2023 average of $82.17, with weak global growth expected to cap demand. Geopolitical tensions, however, could provide price support.
02.01 / 07:11
Instagram
Queen Margrethe’s abdication: ‘She’s the mother of our country,’ people of Denmark react
declared her abdication after 52 years. That leaves her son, Crown Prince Frederik, as the successor.
01.01 / 04:19
Reuters
Strategy
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Celebrity
reports
testing
Who is Denmark's Crown Prince Frederik? The Successor set to ascend throne after Queen Margrethe II
Queen Margrethe II of Denmark, recognized as Europe's longest-serving monarch, declared her intention to abdicate on January 14. The throne will be inherited by her eldest son, Crown Prince Frederik. “I have decided that now is the right time.
01.01 / 03:06
Target
shootings
Maersk suspends ships' passage via Red Sea strait for 48 hours
India monitoring Red Sea developments; got info on US-led naval task force It appeared to be undamaged in that attack and "was able to continue its transit north", said Maersk, one of the world's largest shipping companies. Why the Houthi attacks in the Red Sea are worrisome It was then attacked by four ships operated by Yemen's Iran-backed Huthi rebels, which "engaged fire in an expected attempt to board the vessel", the Danish shipping company said.
01.01 / 01:30
Reuters
Discover
Death
Monarch
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testing
Danish Queen Margrethe II surprises nation with abdication after 52-year reign
Denmark's Queen Margrethe II, who has been in power for over 50 years, has surprisingly announced her decision to abdicate in 2024, as reported by CNN. In her annual New Year's Eve address televised in Denmark, the 83-year-old queen revealed her intention to pass on the crown to her son, Crown Prince Frederik. In illustrating her perspective on the future, Queen Margrethe II cited her personal experience with a back surgery she underwent in February 2023.
31.12 / 23:44
31.12 / 20:24
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World welcomes New Year with fireworks, some stark words and a royal farewell
(Reuters) -New Zealanders were among the first in the world to celebrate the arrival of 2024 with a fireworks display in Auckland on Monday. The fireworks illuminated the cloudy night sky and were accompanied by a laser light and animation show.
31.12 / 15:33
FIVE
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Traffic
Houthis show no sign of ending 'reckless' Red Sea attacks as trade traffic picks up, says commander
commercial ships in the Red Sea, the top commander of US naval forces in the Middle East says, even as more nations join the international maritime mission to protect vessels in the vital waterway and trade traffic begins to pick up. Since Operation Prosperity Guardian was announced just over 10 days ago, 1,200 merchant ships have traveled through the Red Sea region, and none had been hit by drone or missile strikes, Vice Adm. Brad Cooper said in an Associated Press interview, although the US military said that one ship reported being struck by a missile late Saturday.
31.12 / 10:18
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reports
US Navy helicopters repel Houthi attack on Maersk container ship in Red Sea
US Navy helicopters sank three of four small boats used by Iranian-backed Houthi militants to attack a Maersk container vessel in the southern Red Sea, the U.S. military said on Sunday. Helicopters from the USS Eisenhower and USS Gravely, responding to distress calls from the Maersk Hangzhou, returned fire on the Houthi boats in self-defence and sank three of the vessels with no survivors, U.S. Central Command (CENTCOM) said in a statement.
30.12 / 05:03
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Red Sea attacks mean double wages for Danish crew
Denmark, home to some of the world’s largest firms, agreed to double wages for crew sailing through the Red Sea to compensate for the danger posed by the recent attacks. The hazard pay kicks in for the time spent in two defined high-risk areas in the region, according to a deal presented on Friday by employer group Danish Shipping and the nation’s three largest labor unions for seafarers. Many transport companies are avoiding the Red Sea where Yemen-based Houthis have attacked ships in support for Hamas in the conflict with Israel. But even ships without direct links to Israel have been targeted, and as the escalation of the war threatens global trade, a US-led task force is trying to bolster security on the key waterway. Denmark’s A.P.
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