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India

Stine Jacobsen

Denmark plans $30 billion offshore wind island that could power 10 million homes

10 Dec 2019

COPENHAGEN Denmark is moving forward with plans to build an artificial island tying in power from offshore wind farms of up to 10 gigawatts (GW) of capacity, more than enough to supply all households, as part of efforts to meet ambitious climate change targets.

Poland's PGE, Denmark's Orsted aim to sign offshore wind deal by year-end

26 Nov 2019

COPENHAGEN Polish energy group PGE is close to signing a deal to sell 50% stakes in two planned offshore wind projects in the Baltic Sea to Denmark's Orsted, the companies said on Tuesday.

Maersk keeps down costs with uncertain container traffic outlook

15 Nov 2019

COPENHAGEN A.P. Moller-Maersk said on Friday prospects for a pick-up in demand for seaborne container traffic were clouded by an uncertain economic outlook but the shipping group's focus on driving down costs helped its shares higher.

Jeweler Pandora's bid to regain shine hit by weak consumer demand, Hong Kong unrest

05 Nov 2019

COPENHAGEN Attempts to turn around struggling jewelry maker Pandora by new CEO Alexander Lacik are being hampered by subdued consumer spending in key markets such as the United States and mainland China and political unrest in Hong Kong. | Video

UPDATE 3-Jeweller Pandora's bid to regain shine hit by weak consumer demand, Hong Kong unrest

05 Nov 2019

* Graphic showing Pandora's sales growth https://tmsnrt.rs/33hD5Wx (Adds CEO quote from analyst call, updates share price)

Nord Stream 2 clears major hurdle as Denmark OKs gas pipeline

31 Oct 2019

COPENHAGEN/BUDAPEST Denmark on Wednesday gave the go-ahead to the Nord Stream 2 gas pipeline, removing the last major hurdle to completion of the Russian-led project that has divided opinion in the European Union.

Trio of buyers rescues Thomas Cook's Nordic business

30 Oct 2019

STOCKHOLM/COPENHAGEN Norwegian property tycoon Petter Stordalen and private equity firms Altor and TDR Capital have agreed to buy the Nordic business of collapsed British travel company Thomas Cook.

Reaping wind at sea could become $1 trillion industry: IEA

25 Oct 2019

COPENHAGEN Offshore wind could become a cornerstone of the world's power supply as steep cost reductions and improved technology unleash the potential of the green energy source, said the International Energy Agency (IEA) on Friday.

Reaping wind at sea could become $1 trillion industry - IEA

25 Oct 2019

COPENHAGEN Offshore wind could become a cornerstone of the world's power supply as steep cost reductions and improved technology unleash the potential of the green energy source, said the International Energy Agency (IEA) on Friday.

Reaping wind at sea could become $1 trillion industry -IEA

25 Oct 2019

COPENHAGEN, Oct 25 Offshore wind could become a cornerstone of the world's power supply as steep cost reductions and improved technology unleash the potential of the green energy source, said the International Energy Agency (IEA) on Friday.

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