Germans are blaming Merkel's tough stance on austerity for their entry's unpopularity at this year's Eurovision, in which Denmark was the victor.» Read More
HELSINKI, Oct 1- The following stocks may be affected by newspaper reports and other factors on Monday:. The EU Commission has informed the Finnish steel company that the divestment of its Swedish melting and coil operations may not be enough to permit the approval of the Inoxum deal with Thyssenkrupp, Outokumpu said.
HELSINKI, Oct 1- The following stocks may be affected by newspaper reports and other factors on Monday:. The Norwegian telecoms group is expected to raise its stake in Vimpelcom by another 3.5 percent on Monday when an option by Egyptian tycoon Naguib Sawiris' Weather Investments expires.
--We are affirming our' BBB-' long-term corporate credit rating on Alimentation Couche-Tard Inc.. after the company completed the acquisition of Statoil Fuel& Retail ASA, a Scandinavian convenience store and motor fuel retailer.
At a time when the world's attention is nervously focused on the European economy, there is a bright spot worth noting, and it can be found in Denmark.
Of all the many striking policy measures taken since the financial crisis, one of the most extraordinary has gone almost unremarked—the introduction of negative official interest rates by Denmark, the Financial Times reports.
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Safe haven is a lovely term indicating that an asset class, bank or company is rock solid, reliable and dependable. After years of financial crisis a safe haven asset feels like a port in a storm and investors have flocked into so-called safe haven assets like U.S., German and UK government debt.
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CNBC's Steve Liesman reports Denmark became the first central bank in this cycle to charge a negative interest rate, cutting certificate of deposit rates from .05 percent to -0.2 percent.
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The head of Denmark’s central bank has warned that the Danish krone is coming under intense pressure from investors seeking a haven in Europe and betting that the currency’s peg to the euro could be cracked by the crisis. The FT reports.
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Nick Buckles, the chief executive of G4S, has admitted he “misread the markets” following the collapse of his ambitious 5.2 billion pounds ($8.3 billion) merger with Danish cleaning company ISS to create a world securities and cleaning giant.
"The banks and the credit markets are under pressure, but still we have had huge gains on the safe government bonds, the German and Danish bonds. It has been a safe-haven for us," Lars Rhode, CEO at ATP, told CNBC.