Denmark Financial News

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Subscribe to enjoy similar stories. A Harley-Davidson isn’t cheap, no matter where you buy it. But if the European Union imposes a 50% retaliatory tariff on the company’s motorcycles in April, prices could reach astounding heights in Harley’s second-largest market by sales.

JD Vance spoke to US service members in Greenland about its importance to national security. He admitted he recently realized its strategic role. His visit followed President Donald Trump’s view that the US needs Greenland for security. The trip faced backlash from Greenland and Denmark.

Greenland, Prime Minister Jens-Frederik Nielsen said on Sunday in a post on Facebook in response to Donald Trump's statements he wants to take control of the vast Arctic country. «President Trump says that the United States is getting Greenland. Let me be clear: The United States won't get that. We do not belong to anyone else. We determine our own future,» Nielsen said in the social media post. Trump on Saturday told NBC News he «absolutely» had real conversations about annexing the semi-autonomous Danish territory. «We'll get Greenland. Yeah, 100%,» Trump said, according to NBC. During a visit to a U.S. military base in the north of Greenland on Friday, U.S. Vice President JD Vance accused

Greenland on Friday, accusing Denmark of neglecting the territory by “underinvesting” in its infrastructure and communities. The trip, which included a stop at a U.S. military base, coincided with renewed efforts by former President Donald Trump to annex Greenland—a goal he has pursued since his first term. Vance’s delegation, featuring national security adviser Mike Waltz and his wife Usha Vance, faced backlash from Greenlandic leaders, including former Prime Minister Múte Egede, who condemned “American aggression” and reaffirmed the island’s desire for independence.

Subscribe to enjoy similar stories. Earlier this month, I had a chance to watch a stage adaptation of William Shakespeare’s Hamlet in Bengali, a production by the theatre group Swapnasandhani in Kolkata.

Donald Trump has yet again reignited his contentious push to annex Greenland, citing national security reasons. His administration has not ruled out economic or military action, prompting strong criticism from Greenlanders and Danish leaders. As Vice President JD Vance prepares to visit, tensions over America's ambitions escalate. Greenland and Denmark have sharply criticized Vice President JD Vance's planned visit to the Arctic island. Despite opposition, Donald Trump insists that «the world needs us to have Greenland,» raising concerns about future US policy.

JD Vance and Second Lady Usha Vance will be visiting the Pituffik Space Base in Greenland on Friday to receive a briefing on Arctic security issues and engage with US service members, as per a release from the Office of the US Vice President on Tuesday (local time). According to the release, the space base, which is operated by the US Space Force's 821st Space Base Group, is the northernmost installation of the US Department of Defence. The base plays a critical role in missile warning, missile defence, and space surveillance missions. Vance also took to X, stating that he is «looking forward to visiting Greenland on Friday.» In a video message in the same post, Vance said, «I'm going to visit some of our guardians in the Space Force on the northwest coast of Greenland and also check out what is going on with the security there in Greenland.»

Greenland, which former President Donald Trump once claimed would boost U.S. national security. The designer called Vance’s March 27 trip—which includes touring historical sites and a dogsled race—a “charm offensive” to sway Greenlanders toward American interests.

Donald Trump on Monday doubled down on his suggestion that the U.S. should take over Greenland as leaders from the semi-autonomous Danish territory criticized a planned trip there this week by a high-profile U.S. delegation. «I think Greenland is going to be something that maybe is in our future,» Trump told reporters after a meeting with officials in his cabinet, saying it was important for U.S. national security. Greenland's outgoing Prime Minister Mute Egede called plans by the U.S. delegation to visit an American military base and attend a dog sled race a «provocation», and said his caretaker government would not meet with the group. Trump said his administration was working with «people in Greenland» who want something to happen, but did not elaborate. «They're calling us,» he said. «We're not calling them.»

Donald Trump has suggested the United States should take control over the self-governing, mineral-rich territory of American ally Denmark. Vance will leave on Thursday and return Saturday, according to her office. Vance and one of her three children will be part of a U.S. delegation that will «visit historic sites» and «learn about Greenlandic heritage.» Media outlets in Greenland and Denmark reported that Vance would be accompanied by Trump's national security adviser, Mike Waltz. The White House and the National Security Council did not immediately respond to requests for comment. Trump had mused during his first term about buying the world's largest island, even as Denmark, a NATO ally, insisted it wasn't for sale. The people of Greenland also have firmly rejected Trump's plans. Vice President JD Vance said Sunday that Trump «doesn't care» what the Europeans think.

Novo Nordisk A/S agreed to pay United Laboratories International Holdings as much as $2 billion for a next-generation obesity drug, the Danish Ozempic maker's latest move to refill its pipeline of experimental treatments. Novo will pay Hong Kong-based United Laboratories $200 million upfront for the drug, which combines three different mechanisms in an effort to treat obesity as well as diabetes and other diseases, the companies said Monday. Novo agreed to pay as much as $1.8 billion if the drug reaches certain development and sales goals. The deal comes amid growing skepticism from investors that Novo's next-generation portfolio will be sufficient to keep it on top of the hypercompetitive market for weight loss treatments. German software developer SAP SE unseated Novo as Europe's most valuable public company on Monday. Novo's shares traded down as much as 3.1% in Copenhagen. United Laboratories will retain rights in China for its compound, which works in a similar way to Novo rival Eli Lilly & Co.'s retatrutide — considered the strongest among the next-generation drugs currently in late-stage human trials.

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There will be winners and losers as United States President Donald Trump shakes up the world order through tariffs and shifting military strategies, but one area poised to prosper is defence, says Jo Taylor, chief executive of the Ontario Teachers’ Pension Plan Board.