Jorgen Vig Knudstorp, CEO of Lego Group, discusses how the currency volatility of the last 18-24 months have impacted Lego.» Read More
Marlboro maker Altria's profit more than doubled in the fourth quarter on higher cigarette prices and lower costs for paying down debt.
Buying negative-yield bonds -- or paying for the privilege of lending money -- may look like a sucker's game, but some see the opportunity for profits.
After Switzerland's surprise move to unpeg its franc, speculators are eyeing Denmark's currency peg, but the Danes likely won't follow suit, analysts say.
*S&P cuts Russia's sovereign credit rating. MOSCOW, Jan 26- Ratings agency S&P cut Russia's sovereign credit rating to below investment grade, or "junk" status, on Monday for the first time in a decade. S&P said in a statement it had cut the rating from BBB- to BB+, with a negative outlook, and that Russia's economic growth prospects- hit by low oil prices and Western...
Central banks are in combat mode. On the front lines: Europe, Denmark, Canada, Switzerland, Peru and India.
Currency flows into Denmark have picked up on speculation that it will abandon the crown's peg to the euro, after the Swiss National Bank removed its cap on the franc last week. "The weakening of the crown will somewhat lessen the need to cut rates today," said Niels Christensen, FX strategist at Nordea, Copenhagen. Interventions often precede rate cuts in Denmark,...
LONDON, Jan 22- The Danish crown eased against the euro on Thursday, as investors positioned for a second interest rate cut this week from Denmark's central bank as it steps up its fight to ward off upward pressure on the currency. "Investors are alert for a possible rate cut in Denmark," said Niels Christensen, FX strategist at Nordea, Copenhagen.
*Denmark likely to cut rates if ECB starts quantitative easing. But some also believe the Danish National Bank may eventually have to loosen the straitjacket in which it holds the crown against the common currency, while keeping within trading bands agreed with the European Union. But in Copenhagen, politicians and officials alike are keen to get the message...
*2014 operating profit 3.38 bln DKK vs forecast 3.33 bln. *Sees 2015 operating profit up 12-14 pct. COPENHAGEN, Jan 20- Danish enzymes maker Novozymes beat 2014 profit forecasts and said it would return cash to shareholders, sending its stock to a record high and calming investor fears that lower oil prices would hit its biofuels business.
LONDON, Jan 19- Denmark's move to lower interest rates deeper into negative territory on Monday had only a fleeting effect on the Danish crown, but speculation is growing that the currency's long-standing peg to the euro may be threatened in coming days. If the crown appreciates to its upper limit, both the Danish National Bank and the European Central Bank are...
Governments can manage climate change but will have to cut greenhouse gases to zero by 2100 to limit risks a U.N. report said on Sunday.
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.
As some hotels have added ladies-only floors to increase security and add amenities, one court has said it's unfair.
Fracking presents no risk to Novozymes’ bioenergy business, the firm’s CFO told CNBC on Thursday, after it beat first-quarter profit expectations.
Duncan Titmarsh, the first U.K. Lego-certified professional and co-director of Bright Bricks, talks about building a career as a certified lego professional.
ISS CEO Jeff Gravenhorst talks about the company's IPO announcement. The stock listing would be the second largest Nordic IPO since 2010.
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.