Edition:
United States

Stine Jacobsen

Danske Bank forced to resume CEO search after regulator's rejection

Oct 17 2018

COPENHAGEN Danske Bank , reeling from a money laundering scandal, will resume its search for a new chief executive after a Danish regulator rejected its internal candidate for the job, and analysts said it would be forced to look outside the bank.

Novo Nordisk hires AstraZeneca executive to revive struggling biopharma unit

Oct 15 2018

COPENHAGEN Novo Nordisk is in advanced talks to acquire assets to bolster its struggling biopharma business, its chief executive said on Monday after the drugmaker announced it had hired an AstraZeneca executive to head the unit.

Jeweller Pandora launches new charm offensive, and necklaces too

Oct 09 2018

COPENHAGEN Investors in Pandora , the world's biggest jewellery maker, need to be patient as it adapts its trademark charm bracelets for today's more simple tastes while expanding in areas such as necklaces and rings, its design head told Reuters. Chief Creative Officer Stephen Fairchild is charged with speeding up innovation at the Danish company, which ousted its chief executive two months ago after a profit warning that wiped a quarter off its market value.

Jeweller Pandora launches new charm offensive, and necklaces too

Oct 09 2018

COPENHAGEN, Oct 9 Investors in Pandora , the world's biggest jewellery maker, need to be patient as it adapts its trademark charm bracelets for today's more simple tastes while expanding in areas such as necklaces and rings, its design head told Reuters. Chief Creative Officer Stephen Fairchild is charged with speeding up innovation at the Danish company, which ousted its chief executive two months ago after a profit warning that wiped a quarter off its market value.

Lego dinosaurs and sports car help toymaker build recovery

Sep 04 2018

COPENHAGEN Sales of Lego dinosaurs and a Bugatti sports car helped the Danish toymaker stabilize revenue in the first half of this year after a drop in 2017 for the first time in more than a decade.

Maersk sends first container ship through Arctic route

Aug 24 2018

COPENHAGEN A Maersk vessel loaded with Russian fish and South Korean electronics will next week become the first container ship to navigate an Arctic sea route that Russia hopes will become a new shipping highway.

Denmark's Maersk to spin off drilling, hand Total shares to investors

Aug 17 2018

COPENHAGEN A.P. Moller-Maersk said on Friday it would spin off its offshore drilling operation and list it in Copenhagen next year, the latest move by the Danish shipping company to focus entirely on transport and logistics. | Video

UPDATE 2-Order boost helps to power Vestas shares higher

Aug 15 2018

COPENHAGEN, Aug 15 Shares in wind turbine maker Vestas jumped 7 percent on Wednesday after it reported forecast-beating orders and profit and said a steep decline in prices had stabilised.

Drugmaker Novo Nordisk sales disappoint, sees lower 2019 U.S. prices

Aug 08 2018

COPENHAGEN Shares in Novo Nordisk fell on Wednesday after sales of some of its key drugs in the second quarter fell short of expectations and it said prices in the key U.S. market would be lower next year.

Denmark to investigate Danske Bank over money laundering allegations

Aug 06 2018

COPENHAGEN Denmark's state prosecutor has started a criminal investigation into Danske Bank over allegations the country's biggest lender had been involved in money laundering through its Estonian branch.

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