An unhappy anniversary for the euro The Observer Hans Eichel, the then German finance minister, poses with euro banknotes during a launch party in Berlin on 1 January 2002. Photograph: Wolfgang Kumm/EPA | The start of 2012 marks the second time the euro has reached its 10th birthday. From a technical and financial point of view, the single currenc...
Jyske Bank profit hit by $40 mln hedge fund provision The Guardian * 2011 pretax profit falls 40 pct to 601 mln DKK * Results also hit by Greek debt writeoffs * Court allows investors to bring class action lawsuit * Bank calls the result "tolerable", shares up 1.7 pct (Releads, adds background) By John Acher and Lau...
Norway could shut China out of Arctic Council after diplomatic snubs The Guardian | Chinese relations with Norway have been frosty since Oslo-based Nobel committee announced that dissident Liu Xiaobo would be peace laureate Norway's relations with China have been frosty since Liu Xiaobo was awarded the Nobel peace prize. Photograp...
AP sources: US military helicopter raid into Somalia frees American, Danish hostages Orlando Sentinel MOGADISHU, Somalia (AP) — U.S. military forces flew into Somalia in a nighttime helicopter raid Wednesday, freed an American and a Danish hostage, and killed nine pirates in a mission President Barack Obama appeared to reference before his Stat...
Nordea Q4 op profit down 4 pct, cuts dividend The Guardian * Q4 op profit 1.03 bln euros, vs forecast 953 mln * Loan losses bigger than expected * Cuts dividend to 0.26 euro, from 0.29 euro * Shares up 1.6 percent, outperforming index (Adds quotes, detail) By Mia Shanley and Oskar von Bahr STOCKHOLM, Jan 24 ...
Danish FLSmidth to acquire Ludowici in $267m deal The Australian | DANISH industrial plant maker and services supplier FLSmidth today said it has entered into an agreement to acquire Australian peer Ludowici for $7.20 a share, a premium to the current share price of $3.50 and corresponding to an enterprise value o...
FLSmidth says A$7.20 per share Ludowici bid final The Guardian * FLSmidth CEO says bid will not be raised * Believes shareholders will accept the bid * Analyst says price is high (Adds CEO, analyst quotes, details, background) COPENHAGEN, Jan 23 (Reuters) - FLSmidth's chief executive said the Danish engineering ...
FLSmidth makes $279 mln bid for Australia's Ludowici The Times Of India COPENHAGEN: Danish engineering group FLSmidth said on Monday that it had offered A$7.20 per share to acquire Australian-listed company Ludowici in a deal with an enterprise value of A$267 million ($279.14 million). | Ludowici shares leapt 91.4 per ce...
Money Power: Dividend-paying companies worth look Tulsa World If there's one risk to a strategy of buy and hold and collect and grow - that is, buying stocks that regularly boost their dividends and holding them for the long haul - it's that the universe of suitable companies is relatively small. | Below are se...
Danish-Ghanaian partnership adds value to local food industry Joy Online A Danish-Ghanaian business-to-business partnership is building local capacity for value addition in the meat and food industry in Kumasi. | The collaborative initiative of the Danish International Development Agency, DANIDA has helped established an ...
Seafarers outraged that captain jumped ship my SA | STOCKHOLM (AP) — Seafaring tradition holds that the captain should be last to leave a sinking ship. But is it realistic to expect skippers to suppress their survival instinct amid the horror of a maritime disaster? To ask them to stare down death...
Seafarers outraged that captain jumped ship The Tribune San Luis Obispo | Seafaring tradition holds that the captain should be last to leave a sinking ship. But is it realistic to expect skippers to suppress their survival instinct amid the horror of a maritime disaster? To ask them to stare down death from the bridge, a...
Novozymes shares drop after Q4 profit misses forecast The Guardian * Q4 EBIT 496 mln DKK vs average forecast 515 mln * Group sees 2012 EBIT rising 9-12 pct * Shares down 2.3 pct after hitting near 2-mth low (Adds details, quotes; updates share price) By John Acher and Henriette Jacobsen COPENHAGEN, Jan 19 (Reuters) ...
