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Europe Top News and Analysis Denmark

  • JUDABERG, Norway, Sept 21- The Norwegian island of Finnoey has the highest density of electric cars in the world. Twenty-nine percent of all new car registrations in Norway were fully electric or plug-in hybrids last year, according to the International Energy Agency, far ahead of the Netherlands in second on 6.4 percent and Sweden in third on 3.4.

  • JUDABERG, Norway, Sept 21- The Norwegian island of Finnoey has the highest density of electric cars in the world. Twenty-nine percent of all new car registrations in Norway were fully electric or plug-in hybrids last year, according to the International Energy Agency, far ahead of the Netherlands in second on 6.4 percent and Sweden in third on 3.4.

  • *But European fishermen rely heavily on UK waters. *UK exports around 75 percent of its catch to the EU. After 45 years chafing under what they saw as unfair quotas in one of the world's richest fishing grounds, the UK government would finally, in the lexicon of Brexiteers, "take back control" of British waters.

  • LONDON, Sept 15- Gold fell on Friday after a European Central Bank official called for scaling back the bank's stimulus programme, although losses were capped when weaker than expected U.S. economic data raised questions about further rate hikes. ECB board member Sabine Lautenschlaeger made the most explicit call so far from an ECB policymaker for paring the...

  • LONDON, Sept 15- Gold fell on Friday after a European Central Bank official called for scaling back the bank's stimulus programme and strong U.S. inflation data raised the prospects of another rate hike. ECB board member Sabine Lautenschlaeger on Friday made the most explicit call so far from an ECB policymaker for paring bank's 2.3 trillion euros...

  • COPENHAGEN, Sept 14- Danish pension fund ATP has agreed to buy a 27.7 percent stake in Copenhagen Airports from Australia's Macquarie for about 9.8 billion Danish crowns. The transaction depends on approval by the Danish and European Union authorities and is expected to be completed in the fourth quarter, the parties said in a joint statement.

  • COPENHAGEN, Sept 14- A Canadian and a Danish pension fund, Ontario Teachers' Pension Plan and ATP, have agreed to buy a 57.7 percent stake in Copenhagen Airports from Australia's Macquarie for about 9.8 billion Danish crowns. Macquarie has invested more than 10 billion crowns during its 12 years of ownership in the company which owns Kastrup airport, the main...

  • *Finland now smallest host of systemically important bank. HELSINKI, Sept 11- Banking giant Nordea's decision to move its headquarters to Helsinki is being heralded in Finland as the ultimate endorsement that a long-lasting economic downturn is finally coming to an end. The Nordics' biggest bank is set to become the largest company run out of Finland when it...

  • *Finland now smallest host of systemically important bank. HELSINKI, Sept 11- Banking giant Nordea's decision to move its headquarters to Helsinki is being heralded in Finland as the ultimate endorsement that a long-lasting economic downturn is finally coming to an end. The Nordics' biggest bank is set to become the largest company run out of Finland when it...

  • *Teva Pharmaceuticals Industries hires H Lundbeck A/S CEO. JERUSALEM/ COPENHAGEN, Sept 11- Teva poached Lundbeck's Kare Schultz as its new chief executive on Monday, handing the drugs industry veteran the urgent task of convincing investors of the struggling Israeli firm's future. Schultz said he will develop a joint strategy with the board and management...

  • The world's first offshore wind farm was built in 1991, but its time has come to an end.

  • COPENHAGEN, Sept 7- Danish pension fund ATP has decided to enter the rental housing market with a 600 million Danish crowns building project in Copenhagen, it said on Thursday. "It's a long-term investment where we can see some clear benefits and possibilities for good, long-term yields," property investments chief Michael Nielsen said in a statement.

  • COPENHAGEN, Aug 31- A group of institutional investors in OW Bunker said they plan to sue Morgan Stanley and Carnegie for about $80 million, accusing the two investment banks of misleading them ahead of the 2014 listing of the now bankrupt marine fuel oil supplier. Denmark's OW Bunker was valued at $1 billion when it floated in March 2014, but the company filed for...

  • *Denmark's ATP moves investments to cash shares from derivatives. COPENHAGEN, Aug 30- Denmark's largest pension fund, ATP, said on Wednesday it will seek more active ownership of companies by pushing management to practice good governance and consider their social and environmental impact. "We want to be more active at annual meetings, we want to be more active in...

  • *Next targets for spot gold at $1,337 and $1,375- analyst Palladium hits more than 16- year high. LONDON, Aug 29- Gold jumped to its highest since November on Tuesday as investors bought bullion as insurance against falling prices of other assets after North Korea tested a missile over Japan. "Funds and traders are filling their boots with gold at the moment and so...

  • The four men, one of whom was fined 486,500 Danish crowns, were charged in March for failing to have permits and for violating a law introduced in February that imposed extra rules on taxis operating in Denmark, police said. Another 1,500 Uber drivers also faced charges of illegally operating taxis, Vibeke Thorkil-Jensen, head of public prosecution for...

  • COPENHAGEN, Aug 28- Four Danish Uber drivers were on Monday found guilty of illegal taxi driving by a Copenhagen court, with one driver fined about $78,000. The four drivers were charged in March after the Danish tax authorities received a list from the Netherlands of around 1,500 Danish Uber drivers' names, Danish police said in a statement.

  • COPENHAGEN, Aug 25- Denmark's largest commercial pension fund, PFA, plans to keep investing in assets such as infrastructure projects and unlisted companies even once bond yields start to recover. PFA, which handles pensions savings for 1.2 million of Denmark's 5.7 million population, increased its own investments in alternative assets by 43 percent to 60...

  • Shares of Signet rose 23 percent to $63.74 in morning trading, while Tiffany was marginally up at $88.77. Tiffany signed on pop star Lady Gaga to launch the Tiffany Hardware collection, which features items like the $13,500 Wrap necklace in 18 k gold, while Signet sells items like the $10,999 Le Vian diamond earrings in 14 k pink gold at its stores.

  • LONDON, Aug 24- Gold prices drifted lower on Thursday, pressured by a firmer dollar as investors awaited signals on interest rates from central bankers meeting in Jackson Hole. Key to the direction of the market were funds holding huge long positions in Comex gold futures, said Ole Hansen, head of commodity strategy at Saxo Bank in Copenhagen.