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
BRUSSELS, April 2- Investment bank Goldman Sachs, the world's top cablemaker Prysmian, Nexans and eight cable firms were fined a total of 302 million euros by EU antitrust regulators on Wednesday for running a cartel. Prysmian received the biggest penalty at 104.6 million euros, which included a joint fine of 37.3 million euros with Goldman Sachs.
MOSCOW, March 24- Russia is at risk of recession as investors pull money out of the country, with growth likely to evaporate if capital outflows reach $100 billion, the head of its largest bank, state-owned Sberbank, said on Monday.
COPENHAGEN/ FRANKFURT, March 21- A deepening economic standoff between Russia and the West over the future of Ukraine has rippled through trading floors and boardrooms, with exporters scrambling to protect revenues and some global financial firms halting services.
COPENHAGEN/ FRANKFURT, March 21- A deepening economic standoff between Russia and the west over the future of Ukraine has rippled through trading floors and boardrooms with exporters scrambling to protect revenues and global financial firms halting services.
This has driven rates on the main routes between Asia and Northern Europe to loss-making levels. The so-called P3 alliance is between the world's three biggest container shipping lines- Maersk Line, a unit of A.P. Moller-Maersk, Switzerland- based MSC Mediterranean Shipping Company and France's CMA CGM.
*China widens yuan trading band, adds risk to market. SHANGHAI, March 17- The Chinese central bank's decision to relax its grip on the yuan has been welcomed as a sign of financial liberalisation, but it is aggravating concerns among foreign executives and investors about their exposure to China in the near term.
MOSCOW, March 14- Russia's central bank on Friday kept lending rates on hold after raising them two weeks ago and said it would fight for financial stability after the standoff with the West over Crimea, which has sent the rouble and stocks tumbling.
COPENHAGEN, March 13- Shares in Danish outsourcing company ISS jumped by more than 15 percent from the offer price after they returned to the Copenhagen stock market on Thursday.
LONDON/ OSLO, March 5- Closer cooperation between China and the United States, the top two greenhouse gas emitters, on combating global warming is boosting prospects for a U.N. deal meant to be agreed next year, the U.N.' s climate chief said on Wednesday.
CNBC's Rick Santelli and independent trader Michael Newton discuss how the Chinese market is impacting the emerging markets.
Denmark's food authority is asking pastry chefs to reduce the amount of cinnamon found in some foods because it contains an excessive amount of coumarin, reports CNBC's Michelle Caruso-Cabrera.
CNBC's Scott Cohn reports how the United States ranks in Transparency International's survey on the least and most publicly corrupt countries.
The Treasury said on Friday it will postpone enforcement of a new law that cracks down on offshore tax avoidance by Americans.
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.
Danish brewer Carlsberg kept its 2013 outlook unchanged after first-quarter operating profits and revenue rose more than forecast, partly aided by strong Asia sales.
Fatigued by years of austerity and swayed by promises of debt relief, Icelandic voters dumped the Social Democrats from power on Saturday,returning a center-right government that ruled over its financial collapse five years ago.
A contribution rate close to three percent, the lowest in the advanced world, is just one reason why American workers lag behind other developed countries in retirement savings.
Executive excess need not be etched in stone. Just look at the Nordic region, where an egalitarian tradition and a high quality of life leave top managers content with lower paychecks.
European Union leaders reached agreement on the first ever cut in their common budget on Friday after 24 hours of talks, seeking to placate millions at home struggling through government cutbacks and recession.
British Prime Minister David Cameron hopes to enlist the support of Germany and other rich north European countries in his fight to freeze EU spending at budget talks this week and is prepared to block a deal unless more savings are found.