Archive of Business News

Here you’ll find an archive of all Business News.

Business News
02. October 2026

Zealand Pharma shares fall 8.5 percent after weight-loss drug trial results

Shares in Danish biotech company Zealand Pharma fell 8.5 percent Thursday morning after partner Boehringer Ingelheim released results from a late-stage trial of the weight-loss drug survodutide. Overweight participants with type 2 diabetes lost an average of 13.1 percent of their body weight after 76 weeks of treatment. That was 10 percentage points more than […]
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Business News
02. October 2026

Electric cars reach record 88.8 percent of Danish new-car registrations

Denmark registered 20,206 new passenger cars during the past month, an increase of 13 percent from the same month last year, according to bilstatistik.dk. Electric vehicles accounted for a record 88.8 percent of registrations. Excluding commercial vehicles, their share reached 97.5 percent. Tesla’s Model Y was the best-selling car with 1,226 registrations, followed by the […]
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Business News
01. October 2026

Google limits access to advanced Gemini 4 Argon AI model over safety concerns

Google will initially make its most advanced artificial intelligence model available only to a selected group of cybersecurity experts rather than releasing it to the general public. The U.S. technology company presented the model, Gemini 4 Argon, in a blog post by Google’s lead AI architect, Koray Kavukcuoglu, according to AFP. “It requires a gradual […]
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Business News
01. October 2026

More Danes continue working after reaching state pension age

A record 17.5 percent of Danes who reached the state pension age worked enough to qualify for the first senior bonus in 2025, according to ATP. ATP, Denmark’s statutory pension and labor market pension administrator, said 11,351 people received the first senior bonus last year. That was up from 9,592 people in 2024. In previous […]
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Business News
01. October 2026

Danish economy grew 0.9 percent in Q2 after sharp upward revision

Denmark’s economy grew by 0.9 percent in the second quarter of the year, according to new figures from Statistics Denmark. The estimate was revised upward by 0.6 percentage points compared with the previous calculation for the quarter, published in August. Statistics Denmark said the change followed an update to the data used in the calculation. […]
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Business News
30. September 2026

Bang & Olufsen pulls up release date for its quarterly figures after confidential document is leaked

Bang & Olufsen published key financial figures Tuesday, about a week earlier than planned, after confidential information was mistakenly sent to Danish business newspaper Børsen. The Danish audio company said in a stock exchange announcement that an external PR agency accidentally sent an internal working document to a Danish business media outlet. Børsen later identified […]
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Business News
30. September 2026

Novo inks billion kroner deal for experimental Chinese weight-loss pill

Danish pharmaceutical company Novo has secured rights in most of the world to develop, produce and sell an experimental weight-loss pill from Chinese company Jiangsu Hengrui Pharmaceuticals. Novo announced the licensing agreement Tuesday. The deal is worth up to 2.6 billion dollars, equivalent to 17.1 billion DKK, including an upfront payment of 300 million dollars. […]
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Business News
29. September 2026

Minister rejects legal concerns over temporary halt on new and expanded pig farms

Minister for Nature and Animal Welfare Christian Rabjerg Madsen has rejected concerns that the government’s temporary halt on new and expanded conventional pig farms lacks legal authority. Last week, Rabjerg Madsen of the Social Democrats stopped permits for new conventional pig farms and expansions of existing facilities. Several legal experts have since questioned whether the […]
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Business News
29. September 2026

OpenAI delays GPT-6.1 Astra launch over safety concerns found during testing

OpenAI has postponed the planned October launch of its new GPT-6.1 Astra model after safety problems were found during internal testing. Saachi Jain, head of safety systems at OpenAI, confirmed the delay to The Wall Street Journal. “We want to ensure that our model development is safe, whether it happens internally within the company or […]
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Business News
29. September 2026

Danish parallel importer launches Wegovy tablets in Denmark before Novo Nordisk

Danish parallel importer launches Wegovy tablets in Denmark before Novo Nordisk Danish parallel importer 2care4 has launched Wegovy tablets in Denmark before Novo Nordisk, MedWatch reports. According to 2care4, the obesity medicine will initially be available in doses of 1.5 mg, 4 mg and 9 mg. A pack of 1.5 mg Wegovy tablets will cost […]
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Business News
28. September 2026

Volkswagen Group recalls about four million cars over possible steering failure

Volkswagen Group is recalling about four million vehicles because a screw in the steering system could break and cause the steering to fail. The recall covers cars sold under the Volkswagen, Audi, Skoda and Seat brands, German newspaper Handelsblatt reported, according to Norwegian business newspaper Finansavisen. Figures from Germany’s motor vehicle authority show that the […]
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Business News
28. September 2026

Government wants to abolish middle tax and give around 619,000 Danes a tax cut

Around 619,000 people in Denmark could receive a tax cut if the government abolishes the middle tax, a 7.5 percent state income tax paid on earnings above a certain threshold, a proposal it hopes to introduce as early as 2027. Minister for Taxation and Growth Jakob Engel-Schmidt of the Moderates said abolishing the tax would […]
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Business News
28. September 2026

Novo Nordisk fined DKK 45,000 over Falck weight loss program for Wegovy patients

Danish pharmaceutical company Novo Nordisk has been fined DKK 45,000 over a weight loss program developed with Falck for patients using Wegovy. The Ethical Board for the Pharmaceutical Industry, known as Enli, an independent Danish body that oversees ethical rules for pharmaceutical companies, found that the collaboration violated rules on financial benefits, DR reported. Novo […]
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Business News
25. September 2026

Electric cars made up more than a quarter of new EU sales in August

Electric cars accounted for 27.7 percent of all new car sales in the European Union in August, according to figures from European car manufacturers’ association Acea cited by Danish industry group Mobility Denmark. Sales of electric cars were 62.7 percent higher than in August last year. Germany recorded 68,930 new electric car sales, up 75.1 […]
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Business News
25. September 2026

Danish Tax Agency finds errors or fraud in nearly 60 percent of company inspections

The Danish Tax Agency issued collection notices worth almost 539 million DKK in 2025 after inspections found widespread errors or fraud involving tax and VAT payments. The agency carried out 3,500 inspections of Danish and foreign companies during the year. In nearly 60 percent of cases, inspectors found problems with company registration or the payment […]
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Business News
25. September 2026

Denmark sets new employment record despite slower job growth in July

Employment in Denmark reached another record in July, although job growth slowed sharply compared with the previous month. Seasonally adjusted employment rose by 400 people in July, Statistics Denmark said Thursday. The number of wage earners reached 3,090,533, with 28,900 jobs added over the past year. By comparison, employment increased by 3,600 people in June. […]
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Business News
25. September 2026

Denmark’s Export and Investment Fund invest 875 million DKK in European defence fund

Denmark’s Export and Investment Fund, Eifo, and pension company Danica are investing a combined 875 million DKK in DTCP Defence Fund, which backs European defence and security technology companies. Eifo will invest 500 million DKK, while Danica will contribute 375 million DKK. The fund has so far raised 3.4 billion DKK and plans to invest […]
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Business News
24. September 2026

OECD lifts 2026 global growth forecast but warns of risks from energy prices

The global economy has proved more resilient than expected during the first half of the year, despite slower growth and disruption to energy supplies, the OECD said Wednesday. The Organisation for Economic Co-operation and Development expects the global economy to grow 2.9 percent in 2026 and 3.0 percent in 2027. The forecast for this year […]
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Business News
24. September 2026

Novo shares fall 10.4 percent this week after new strategy disappoints investors

Investors continued selling Novo shares Wednesday, extending a decline that began after the Danish pharmaceutical company presented its updated plans for the coming years. The share price fell 2.5 percent on Wednesday, marking its third consecutive trading day of losses. Novo shares have now fallen a total of 10.4 percent this week and reached their […]
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Business News
23. September 2026

AMD passes 1 trillion USD in market value as AI data center business grows

Shares in U.S. chipmaker AMD rose 10 percent on Monday, pushing the company’s market value above one trillion dollars, according to CNBC. AMD’s shares have gained about 25 percent over the past five days and more than 185 percent since the beginning of the year. CNBC linked part of the increase to AMD’s expansion of […]
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Business News
23. September 2026

SAS expects fuel bill to rise by 3.4 billion SEK after jet fuel prices more than double

The Scandinavian airline is facing about 2.2 billion DKK in additional fuel costs in its current fiscal year as higher energy prices put pressure on its finances. “Before March, the jet fuel price was around 700 dollars per ton. Now it is around 1,600 dollars,” SAS’ commercial director Paul Verhagen told Finans. He declined to […]
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Business News
22. September 2026

Novo shares fall 7.7 percent after updated strategy fails to convince investors

Novo shares closed 7.7 percent lower Monday after the Danish pharmaceutical company presented an updated strategy at its first capital markets day since March 2024. The company said it would expand beyond its main businesses, including into treatments for liver and cardiovascular diseases. Novo aims to launch at least five “multi-blockbuster” medicines by 2030. In […]
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Business News
22. September 2026

Greenland-linked shares rise sharply after report of finalized security agreement

Shares in several companies operating in Greenland rose sharply Monday after reports that the United States, Denmark and Greenland had finalized an agreement. When US markets opened, Greenland Energy’s US-listed shares rose 127 percent, while Greenland Mines gained 136 percent. Critical Metals Corp., which extracts rare earth elements in Greenland, rose 33 percent. “Interest in […]
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Business News
21. September 2026

Maersk orders 26 large container ships for delivery in 2029 and 2030

Danish shipping company Maersk has ordered 26 large container ships as it prepares to expand and renew its fleet. “We can confirm that Maersk has ordered 26 large container ships as part of our ongoing fleet renewal program,” a company spokesperson told industry publication ShippingWatch. Each vessel will have capacity for 18,600 twenty-foot containers. This […]
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Business News
18. September 2026

Jysk reports record turnover of 52.3 billion kroner after opening 168 new stores

Danish home furnishing chain Jysk recorded turnover of 52.3 billion kroner in its latest financial year, up 12.9 percent from the previous year. The family-owned company said Thursday that the result was partly driven by the opening of 168 new stores during the 2025/2026 financial year. Jysk also invested in expanding and upgrading existing stores. […]
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Business News
18. September 2026

Novo and Orbis Medicines sign deal worth up to $1.4 billion to develop new pill treatments

Novo has entered into a collaboration with Danish pharmaceutical company Orbis Medicines to develop new medicines in pill form for cardiometabolic diseases. Under the agreement, Orbis Medicines could receive up to $1.4 billion, equivalent to more than 9 billion kroner, including milestone payments. The company could also receive royalties from potential future sales. Novo will […]
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Business News
17. September 2026

Novo partners with Anthropic to use AI in drug development

Danish pharmaceutical company Novo plans to test Anthropic’s Claude Science model in its research as it expands the use of artificial intelligence to aid the discovery and development of new medicines. To this end, Novo has entered into a partnership with Anthropic, a U.S. technology company. Together, the two companies will investigate “key challenges” in […]
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Business News
16. September 2026

CO2 emissions from private cars in Denmark fall despite more cars on the roads

CO2 emissions from private cars in Denmark have fallen by 30 percent since 2016, even as the number of cars on Danish roads has increased, according to Statistics Denmark’s emissions accounts for 2025. Statistics Denmark set emissions from private cars in 2016 at an index of 100. By 2025, that figure had fallen to 70. […]
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Business News
16. September 2026

AI use among Danish companies nearly quadruples in three years

Nearly six in 10 Danish companies with more than 10 employees now use artificial intelligence, according to new figures from Statistics Denmark. That’s almost four times the share recorded three years ago. In 2026, 59 percent of these companies use AI, up from 15 percent in 2023. The share was 42 percent in 2025. The […]
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Business News
16. September 2026

Danish stocks fall for eighth day in a row as higher oil prices push up interest rates

On Tuesday, Danish stocks fell for an eighth consecutive trading day, with rising oil prices and interest rates putting pressure on the market. At midday, the C25 index, which tracks major Danish companies, was down 0.75 percent from Monday’s close. It stood at about 1,845, around 70 points, or 3.7 percent, below its latest peak […]
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Business News
15. September 2026

Novo Nordisk turns bull logo to the right as company focuses more on consumers

Novo Nordisk’s decision to turn the bull in its logo from left to right reflects changes in the market for obesity medicine, according to an analyst who follows the Danish pharmaceutical company. Søren Løntoft Hansen, a senior analyst at Danish bank AL Sydbank, said the obesity market differs from the traditional market for medicine because […]
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Business News
15. September 2026

Danish environmental group appeals Novo Nordisk wastewater permit for Køge Bay

The Danish Society for Nature Conservation has appealed a decision allowing Novo Nordisk Pharmatech to discharge wastewater containing zinc, copper, PFOS and nickel into Køge Bay. The Danish Environmental Protection Agency approved five wastewater streams using mixing zones. These are areas where wastewater may contain hazardous substances above set limits because authorities expect them to […]
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