denmark
The company reported a net profit of DKK 25.41 billion (€3.404 billion), up from DKK 19.81 billion (€2.654 billion) in the same period last year and surpassing the DKK 23.09 billion (€3.093 billion) anticipated by analysts. Earnings per share (EPS) also rose to DKK 5.68 (€0.76) from DKK 4.39 (€0.589) a year prior, indicating a robust 8.75% surprise over market expectations. Sales for the quarter reached DKK 65.35 billion (€8.747 billion), a 22% increase from DKK 53.37 billion (€7.135 billion) a year ago, outperforming the DKK 63.43 billion (€8.490 billion) forecast by analysts. Weight-loss dru...
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The European Commission has requested talks with the UK government after London decided to shut down industrial sand eel fishing on environmental grounds, while in Brussels marine conservationists have launched a campaign demanding the EU ban destructive bottom trawling in its own marine protected areas. The UK government and its devolved Scottish counterpart both announced the end of industrial sand eel fishing at the end of January. Today (16 April) the European Commission said it was triggering the dispute settlement mechanism in the EU-UK Trade and Cooperation Agreement (TCA). Unless a sat...
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Anne Marie Engtoft Meldgaard, Denmark’s tech ambassador, believes that tech diplomacy is "more important than ever" in a divided world. Her country was the first to send an ambassador to Silicon Valley with a focus on Big Tech in 2017, and last week, they outlined new priorities, including a focus on Europe's tech future. Meldgaard spoke to Euronews Next about the importance of diplomacy in this area, saying she’s noticed "increasing tension" between the Global North and South. EU AI Act reaction: Tech experts say the world's first AI law is 'historic' but 'bittersweet'"Technology will and sho...
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This year’s World Happiness Report has been released and in news that might not come as much of a surprise, Finland has topped the list of happiest countries for a seventh successive year. In fact, Nordic countries make up the majority of the top 10, with Denmark, Iceland and Sweden at numbers two, three and four respectively and Norway in seventh place. The report is put together by Gallup World Poll in conjunction with Oxford University’s Wellbeing Research Centre and the United Nations Sustainable Development Solutions Network. The team behind it uses data from more than 140 countries for t...
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Denmark will soon be home to one of the world’s most powerful artificial intelligence (AI) supercomputers. The Novo Nordisk Foundation, the world’s wealthiest charity, announced on Tuesday that it was entering into a partnership with NVIDIA and the Investment Fund of Denmark to establish a national AI research centre that will be home to the supercomputer. The foundation is also the majority shareholder of Novo Nordisk, the Danish maker of diabetes and weight loss medication Ozempic. Danish pharmaceutical invests €2.1 billion in France Novo Nordisk ascent: Will Europe’s biggest company continu...
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Deep in the Arizona desert, a Danish company is building a massive solar farm that includes batteries that charge when the sun is shining and supply energy back to the electric grid when it's not. “Solar farms only produce when the sun shines, and the turbines only produce when the wind blows,” said Ørsted CEO Mads Nipper. “For us to maximise the availability of the green power, 24-7, we have to store some of it too.” Back in Arizona, Ørsted’s Eleven Mile Solar Center covers 2,000 acres in rural Pinal County. It has 857,000 solar panels and more than 2,000 cubes that look like large shipping c...
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A group of the world’s most prominent human rights organisations is suing Danish authorities over the continued exports of arms to Israel even as more than 30,000 people, most of them civilians, have been killed in Gaza by the Israeli military. The local branches of Oxfam, Amnesty, Action Aid and the Palestinian human rights group Al-Haq have announced a lawsuit against the Danish National Police and the country’s Ministry of Foreign Affairs. Their action asks Danish authorities to stop Denmark’s arms exports to Israel on the grounds that there is “a clear risk that weapons and military equipm...
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A group of Indigenous women in Greenland has sued Denmark for forcing them to be fitted with intrauterine contraceptive devices in the 1960s and 1970s and demanded total compensation of nearly 43 million kroner (€5.8 million), their lawyer said on Monday. The 143 Inuit women say Danish health authorities violated their human rights when they fitted them with the devices, commonly known as coils. Some of the women — including many who were teenagers at the time — were not aware of what happened or did not consent to the intervention. They each are demanding 300,000 kroner (€40,000), the women’s...
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More than half of Denmark's drinking water supplies are contaminated with pesticides and other toxins, a new report has revealed. The investigation commissioned by Danske Regioner, which covers Denmark's five regions, also found that one in ten water sources exceeds acceptable levels for various dangerous substances. “The contamination of Danish drinking water has reached a critical point," the organisation said in a press release. "If we want clean drinking water for our children, something must be done now." Danske Regioner sent a letter to the Danish minister for the environment, Magnus Heu...
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Denmark's gross domestic product (GDP) grew 2% in the fourth quarter of 2023, largely bolstered by the country's expanding pharmaceutical sector. Denmark's statistical office said on Tuesday that the stellar growth in Q4 meant that GDP growth for the entire year stood at 1.8%, and that it had revised GDP growth in the third quarter to an increase of 0.4%, shooting up from a previously estimated 0.7% fall. The pharmaceutical industry is the "driving force" behind the growth, Danmarks Statistik said, as Danish companies such as Novo Nordisk continue to go from strength to strength. Novo Nordisk ...
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