Saturday, October 19

Tag: Denmark

Auto & Transport Roundup: Market Talk
20Nov By adminNo Comments
World

Auto & Transport Roundup: Market Talk

The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.1321 ET – Nikola’s departing finance chief Anastasiya Pasterick is heading to another hydrogen-powered vehicle company. Universal Hydrogen, a private company developing hydrogen-powered aviation, announces it has hired Pasterick as CFO. Nikola has faced a flurry of executive changes this year and said in a regulatory filing Friday that Pasterick would resign after several months in the CFO role. Universal Hydrogen notes Pasterick’s prior involvement with Nikola’s SPAC merger which took the company public in 2020 and her experience helping with the IPO of nLIGHT. Nikola shares drop 3.9% to $1. (ben.glickman@wsj.com; @benglickman)Copyright ©2023 Dow ...
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Novo Nordisk Invests Over $6 Bln to Boost Production Capacity
10Nov By adminNo Comments
World

Novo Nordisk Invests Over $6 Bln to Boost Production Capacity

Novo Nordisk will invest over 42 billion Danish kroner ($6.01 billion) to boost manufacturing capacity in Kalundborg, Denmark.Most of the new capacity will be dedicated to manufacturing active pharmaceutical ingredients, including for its blockbuster GLP-1 products for treating diabetes and obesity, which will increase the company’s ability to meet future market demands.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Novo Nordisk Earnings Continue to Surge on Blockbuster Weight-Loss Drug Demand
2Nov By adminNo Comments
World

Novo Nordisk Earnings Continue to Surge on Blockbuster Weight-Loss Drug Demand

Updated Nov. 2, 2023 3:27 am ETNovo Nordisk’s earnings soared by 56% in the third quarter, boosted by blockbuster weight-loss drugs that have quickly made the Danish drugmaker Europe’s most valuable company.However, the company said it will continue to restrict the supply of lower-strength doses of its Wegovy obesity medicine in the U.S. to safeguard supplies for current patients.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Orsted Books $4 Bln Impairments, Walks Away From Two US Offshore Projects
1Nov By adminNo Comments
World

Orsted Books $4 Bln Impairments, Walks Away From Two US Offshore Projects

Updated Nov. 1, 2023 3:33 am ETOrsted booked a 28.4 billion Danish kroner ($4.02 billion) impairment charge in the third quarter related to its U.S. offshore wind portfolio and said it will stop development of two wind farm projects off the coast of New Jersey amid spiraling costs and supplier delays.The Danish renewable-energy company had previously warned of up to DKK16 billion of impairments after flagging increasing supply-chain risks at U.S. projects, while a lack of favorable progress on U.S. tax credits and higher interest rates were also sending project costs higher.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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How an Academic Uncovered One of the Biggest Museum Heists of All Time
24Oct By adminNo Comments
World

How an Academic Uncovered One of the Biggest Museum Heists of All Time

By Max Colchester | Photography by Felix Odell for WSJ. Magazine ITTAI GRADEL, an academic–turned–gem dealer in Denmark, was trawling eBay a decade ago when he thought he had stumbled across a gold mine.On his screen, Gradel saw a seller called Sultan1966 advertising a glass gem from the 19th century. Gradel immediately recognized it as something much more valuable: an agate Roman Medusa cameo from the second century, featuring the mythical Gorgon with snakes as hair. He snapped it up for £15 plus postage, then turned around and sold it to a collector for a couple of thousand pounds. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Lego drops prototype blocks made of recycled plastic bottles as they “didn’t reduce carbon emissions”
25Sep By adminNo Comments
Money

Lego drops prototype blocks made of recycled plastic bottles as they “didn’t reduce carbon emissions”

Copenhagen, Denmark — Denmark's Lego said on Monday that it remains committed to its quest to find sustainable materials to reduce carbon emissions, even after an experiment by the world's largest toymaker to use recycled bottles did not work. Lego said it has "decided not to progress" with making its trademark colorful bricks from recycled plastic bottles made of polyethylene terephthalate, known as PET, and after more than two years of testing "found the material didn't reduce carbon emissions."Lego enthusiastically announced in 2021 that the prototype PET blocks had become the first recycled alternative to pass its "strict" quality, safety and play requirements, following experimentation with several other iterations that proved not durable enough. The company said scientists and engin...
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