Europe Top News and Analysis Denmark

  • JOHANNESBURG/ LONDON, Sept 28- Six of the world's biggest container shipping companies were raided by South African authorities on Wednesday on suspicion of colluding to inflate rates between Asia and South Africa, the country's Competition Commission said. The six companies raided comprise local subsidiaries of Denmark's Maersk, Swiss-headquartered...

  • JOHANNESBURG, Sept 28- Six of the world's biggest container shipping companies were raided by South African authorities on Wednesday on suspicion of colluding to inflate rates between Asia and South Africa, the country's Competition Commission said. The six companies raided comprise local subsidiaries of Denmark's Maersk, Swiss-headquartered...

  • JOHANNESBURG, Sept 28- Six of the world's biggest container shipping companies were raided by South African authorities on Wednesday on suspicion of colluding to inflate rates between Asia and South Africa, the country's Competition Commission said. The six companies raided comprise local subsidiaries of Denmark's Maersk, Portugal's Mediterranean...

  • The Copenhagen- based company said on Thursday both doses of the drug, idalopirdine, showed a "weak efficacy profile" and failed to reduce cognitive decline measured on a scale called ADAS-cog in the study named Starshine. Idalopirdine, which is being developed with Japan's Otsuka Pharmaceutical Co Ltd, is being tested in patients with mild to moderate...

  • The company was testing the drug in combination with donepezil, a compound that forms the core of Pfizer Inc's Alzheimer's treatment Aricept. The Copenhagen- based company said both doses of idalopirdine, which is being developed with Japan's Otsuka Pharmaceutical Co Ltd, also failed to meet the secondary goals of the study. Anders Gersel Pedersen, Chief...

  • Sept 22- Danish drugmaker H Lundbeck A/S said its late-stage study testing an experimental drug to treat mild to moderate Alzheimer's disease failed. The company was testing the drug in combination with donepezil, a compound that forms the core of Pfizer Inc's Alzheimer's treatment Aricept. The Copenhagen- based company said both doses of idalopirdine, being...

  • COPENHAGEN, Sept 22- The world's biggest shipping firm, A.P. Low freight rates and oversupply have rocked the container shipping sector, with South Korea's Hanjin Shipping Co Ltd forced into receivership last month, stranding an estimated $14 billion in cargo on its ships. Estimates for the sum of the parts vary, with Denmark's Sydbank saying the Transport and...

  • A Maersk Mc-Kinney Moller container ship.

    A.P. Møller-Mærsk announced on Thursday that the company would split into a transport business and a separate energy division.

  • Moller-Maersk is in talks to buy a portfolio of North Sea assets from Royal Dutch Shell as the Danish group considers adding scale to its oil and gas business ahead of a planned spin off, banking sources said. Maersk has said over the past year that it planned to invest several billions of dollars to expand its oil operations, although it is now likely to face bigger...

  • Hanjin will not have a lasting impact: Maersk CEO

    Soren Skou, CEO of Maersk Group, discusses the "consolidation wave ongoing in container shipping."

  • Company unable to grow its top line: Maersk CEO / Can't wait for oil prices to grow

    Soren Skou, CEO of Maersk Group, discusses his company's decision to separate its oil and transport divisions.

  • COPENHAGEN, Sept 22- Rocked by low freight and oil prices, Denmark's A.P. But some said the $30 billion company had not gone far enough. "It might be one of the most pain-free solutions relative to other scenarios, but they could have gone even further," Nykredit analyst Ricky Rasmussen said on Thursday.

  • COPENHAGEN, Denmark— Danish conglomerate A.P. Moller-Maersk A/S is splitting its massive container shipping operations and its energy business into separate companies, in a major shakeup that follows years of declining oil prices and freight rates. A.P. Moller-Maersk raised the possibility of separating its oil units from the group through joint ventures,...

  • COPENHAGEN, Sept 21- Denmark's Nets will list in Copenhagen on Friday, four days earlier than planned, after attracting solid interest in its shares, the card payment services company said on Wednesday. An IPO has been on the cards since its 17- billion-crown acquisition by private equity firms Advent International and Bain Capital and Danish pension fund ATP...

  • COPENHAGEN, Sept 21- Denmark- based card payment services company Nets will list in Copenhagen on Friday, four days earlier than planned, after solid interest in its shares, Danish broadcaster TV2 said Wednesday, citing unnamed sources. Nets last week set an indicative price range for its planned initial public offering that values the business at up to $4.8...

  • Jakob Christensen, head of emerging markets research at Danske Bank in Copenhagen, saw big moves as unlikely after the Fed, barring a policy surprise, but said the BOJ outcome could go either way. The central bank in Budapest is seen holding interest rates at 0.9 percent but capping the volume of money investable in short-dated three-month deposits to stimulate...

  • NYSE Traders

    Central banks are running nothing short of a "Ponzi scheme" by printing infinite amounts of cash and cutting interest rates to record lows, an analyst told CNBC.

  • COPENHAGEN, Denmark— Danish Foreign Minister Kristian Jensen says his country has been chosen to lead the European Union's new 16 million-euro program against corruption in Ukraine. Jensen says he will make the official announcement during a visit to Kiev on Friday, together with EU Enlargement Commissioner Johannes Hahn. Describing corruption as "a...

  • LONDON, Sept 13- Gold edged lower on Tuesday weighed down by a firmer dollar and uncertainty about whether the U.S. central bank will raise interest rates next week, while the potential for more stock market weakness offered support. Federal Reserve's rate setting committee said on Monday the case for tightening monetary policy was "less compelling," leading...

  • LONDON, Sept 13- Gold edged lower on Tuesday amid uncertainty about whether the U.S. central bank will raise interest rates next week, while the potential for more weakness in stocks offered support. Federal Reserve's rate setting committee said on Monday the case for tightening monetary policy was "less compelling," leading traders to trim the odds of a...