Peder Holk Nielsen, CEO at Novozymes, discusses the EU election results in Denmark, where the far-right came out on top, and says that businesses would rather Europe "come together" on a number of issues.» Read More
MSCI's emerging equity index slipped 0.9 percent after the previous day's 1 percent fall, sparked by a Wall Street rout and flight to safe-haven bonds after disappointing U.S. data reinforced worries about the global economy. Dubai's stock market fell 2.4 percent while Abu Dhabi's index slipped 2.1 percent and Qatar slid 1.4 percent. While central Europe is...
You might hope for a sense of realism and practical moves to address the issues, but instead the World Coal Conference in Copenhagen this week was characterised by what seemed like a state of denial. Spot thermal coal at Australia's Newcastle port fell to $64.92 a tonne in the week ended Oct. 10, 1 cent higher than the previous week, which was the lowest since...
*Denmark, Finland seen shutting abt 2,000 MW of condensing power. Fossil power plants in Finland and Denmark act as swing-producers, helping to meet demand when hydropower production in Norway and Sweden falls due to dry weather. "Demand for coal condensing power in the Nordic power market has decreased as a result of the economic recession and the drop in the...
Oct 15- Chocolate and cocoa companies have donated $600,000 toward combating Ebola in West Africa, the World Cocoa Foundation said on Wednesday, the first sign the industry is striving to prevent the virus from spreading to the world's top two growers. So far, the Ebola virus has killed nearly 4,500 people in West Africa with nearly 9,000 infected, the World...
*Sonova presents new "dual-core chip" technology platform. ZURICH, Oct 14- Sonova, the world's biggest hearing aid maker, disappointed some analysts on Tuesday with a range of new products that can connect to mobile phones-- but not directly. "It had been speculated that Sonova's new product platform would have been based on the same technology as GN's, 2.4 gigahertz...
*Three of four advanced biofuel plants use Novozymes enzymes. Biomass conversion could transform Novozymes in future. But as commercial production of transportation fuel made from plant waste rather than valuable corn finally starts in the United States, Brazil and Europe, Novozymes has already turned its gaze towards bioplastics and even diapers.
COPENHAGEN, Oct 7- Piracy will increase in the Gulf of Guinea as Nigeria prepares for an election next February in order to funnel ransom money into campaign financing, intelligence experts told a shipping conference in Copenhagen on Tuesday. General elections are expected to take place also in Togo, Burkina Faso and the Ivory Coast, all close to the Gulf of...
*World's biggest tugboat operator eyes growth in Africa. COPENHAGEN, Sept 29- Denmark's Svitzer, the world's biggest tugboat operator, plans to expand in Africa and focus on long-term contracts with oil companies to offset tough trading in its main Australian and European markets, its chief executive told Reuters.
*Spanish yields record biggest weekly rise since mid-2013. *S&P upgrades Greece to B from B-. LONDON, Sept 12- Spanish bond yields recorded their biggest weekly rise in more than a year on Friday as expectations of a U.S. interest rate hike exacerbated weakness triggered by concerns that Scotland's independence referendum was emboldening Catalan separatists.
LONDON, Sept 12- Spanish bond yields edged up for a fifth straight day on Friday, on track for their biggest weekly rise since mid-2013 on investor nervousness that Catalan separatists could gain momentum from Scotland's independence bid.
WASHINGTON, Sept 9- Novo Nordisk's drug liraglutide appears effective in treating obesity, though safety questions remain, according to a preliminary assessment by reviewers at the U.S. Food and Drug Administration.
BERLIN, Sept 4- For all Angela Merkel's headline-grabbing "green revolution", Germany's image as a world leader on environmental policies is in danger of falling under the shadow of the smoke stack and a cloud of exhaust fumes.
COPENHAGEN, Sept 4- Denmark's Simcorp, a provider of software and services to the financial sector, expects to get back on track in the United States within a year, after replacing poorly performing managers, its chief executive told Reuters on Thursday.
*Decisions will help shape EU policy on economy, Ukraine. WARSAW/ BRUSSELS/ PARIS, Aug 28- Polish Prime Minister Donald Tusk is seriously considering a proposal that he take the post of president of the European Council, a Warsaw government spokeswoman said on Thursday, linking his decision to the crisis in neighbouring Ukraine.
*EU leaders to hold jobs summit on Saturday in Brussels. BRUSSELS/ PARIS, Aug 28- Polish Prime Minister Donald Tusk has emerged as clear favorite for the key post of president of the European Council when EU leaders meet for a special summit on Saturday, several sources familiar with the selection process said.
*EU leaders to hold jobs summit on Saturday in Brussels. BRUSSELS/ PARIS, Aug 28- Polish Prime Minister Donald Tusk has emerged as clear favourite for the key post of president of the European Council when EU leaders meet for a special summit on Saturday, several sources familiar with the selection process said.
STOCKHOLM, Aug 24- Johan and Alejandra are the kind of Swedes the IMF has been warning about- piling up debt to keep up with an ever-rising property market and fund a lifestyle of travel, maids and nights out. The couple plan to buy a flat in Stockholm for 5 to 6 million Swedish crowns, initially with an interest-only bank loan, among other spending plans.
LONDON/ HELSINKI/ COPENHAGEN, Aug 19- Team Niinivirta, a Finnish family-run transportation firm, turned 60 this year, but its third-generation managers now don't know if the business will see Christmas, because of Russia's new ban on European food imports.
LONDON/ MELBOURNE- The world's biggest mining company, BHP Billiton, announces plans to spin off businesses worth an estimated $16 billion, most of them acquired in a 2001 merger, to focus on its most profitable activities.
PARIS, Aug 19- European shares rose in early trading on Tuesday, extending the previous session's rally, as investor concern over the conflict in Ukraine began to ease. Germany's DAX- recently hit by the faceoff between Ukraine and Russia and concern that sanctions against Moscow could hurt Europe's biggest economy- outperformed on Tuesday, up 1 percent.