Denmark

Denmark, battling a stagnant economy and concerns about a productivity gap with other nations, is planning to slash its corporate taxes in phases over the next three years to better stack up against other countries in the region, The Wall Street Journa ...

Daily Headline - global.abi.org - 02/27/2013 - 00:14 - 0 comments

Troubled Scandinavian airline SAS and its labor unions on Monday pushed on with talks aimed at ensuring the group's survival and avoiding bankruptcy after a midnight deadline for a deal passed, The Chicago Tribune reported on a Reuters story. Th ...

Daily Headline - global.abi.org - 11/18/2012 - 21:23 - 0 comments

SAS AB on Monday said it would cut salaries and more jobs as part of a new restructuring plan that is dependent partly on the support of labor unions, as the Scandinavian airline carrier tries to convince investors of its long-term future, The Wall Str ...

Daily Headline - global.abi.org - 11/12/2012 - 23:37 - 0 comments

The Danish bank Sydbank has agreed to take over all activities of local rival Tønder Bank, The Copenhagen Post reported. The deal came after Finanstilsynet (FSA), the financial supervisory administration, said last Friday that Tønder Bank didn't ...

Daily Headline - global.abi.org - 11/05/2012 - 22:05 - 0 comments

Indonesia's PT Berlian Laju Tanker , the world's third-largest chemical shipper, hopes to restructure its $1.9 billion debt by the year-end and will switch its focus to niche liquid chemical and gas transport, its founder and chairman said in a ...

Daily Headline - global.abi.org - 10/03/2012 - 22:45 - 0 comments

Danish-owned National Irish Bank (NIB) will turn its attention to its head office after completing a round of cuts that will see it lay off one-quarter of its workers and shutting its retail operation, the Irish Times reported. NIB, owned by Danske B ...

Daily Headline - global.abi.org - 09/16/2012 - 21:38 - 0 comments

central bank lowered its main deposit rate for banks – the certificate of deposit or CD rate – to -0.2 per ...

Daily Headline - global.abi.org - 08/23/2012 - 22:28 - 0 comments

The charge for bad loans at National Irish Bank will remain high for the remainder of the year before falling, the head of the Danish bank’s Republic of Ireland operations said, as the bank reported a pretax loss of €401 million for the first half of the ...

Daily Headline - global.abi.org - 08/08/2012 - 20:55 - 0 comments

the quarter, and its gearing rose to 48.8 percent from 45.0 percent a year earlier, according to its ...

Daily Headline - global.abi.org - 07/01/2012 - 20:10 - 0 comments

Swiss steel and coal trader Carbofer General Trading (CGT) was declared bankrupt last month, officials in its home town Lugano said on Friday, shortly after its shipping branch Carbofer Maritime, Reuters reported. CGT, once a large player in the spot coa ...

Daily Headline - global.abi.org - 06/17/2012 - 22:08 - 0 comments