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Category Denmark

Orsted and US states sue Trump administration over blocked $6B wind project

Orsted and US states sue Trump administration over blocked $6B wind project

Danish offshore wind developer Orsted and the states of Rhode Island and Connecticut have filed lawsuits against the Trump administration, challeng...
Equinor backs Orsted’s $9.4B rights issue amid US political headwinds

Equinor backs Orsted’s $9.4B rights issue amid US political headwinds

On Monday, Norwegian energy giant Equinor publicly committed its support for Orsted’s proposed $9.4 billion rights issue.  This significant financi...
Denmark cuts growth forecast as Novo slowdown sparks reliance debate

Denmark cuts growth forecast as Novo slowdown sparks reliance debate

Denmark’s government has lowered its 2025 economic growth forecast to 1.4% from a previous projection of 3%, citing weaker prospects for pharmaceut...
Lego first-half sales hit record $5.4B on strong demand, global brand partnerships

Lego first-half sales hit record $5.4B on strong demand, global brand partnerships

Danish toymaker Lego reported a record first-half performance on Wednesday, with sales rising 12% to 34.6 billion Danish crowns ($5.43 billion), bo...
Ørsted stock rebounds 5% from record lows: why analysts are split on future outlook

Ørsted stock rebounds 5% from record lows: why analysts are split on future outlook

Ørsted stock (CPH: ORSTED) rebounded 5% on Tuesday from record low levels it touched after US government pulled the plug on a major offshore wind p...