High-ranking officials within Energy Minister Lars Aagaard’s ministry were aware of escalating delays at Energinet concerning the expansion of the Danish electricity grid. Internal documents reveal this knowledge, placing further pressure on Aagaard, who is accused of misleading Parliament.
Shareholders are pushing for the privatization of Ørsted, with Artha Scope and AkademikerPension advocating for the Danish state to relinquish its 50.1 percent ownership. Finance Minister Nicolai Wammen has dismissed these calls.
Rupert Murdoch is transferring control of his media empire, including Fox News and the Wall Street Journal, to his eldest son, Lachlan. Murdoch’s other three children will each receive $1.1 billion in exchange for relinquishing their ownership.
The Energinet delays could trigger reprimands or even force a minister to resign, according to an expert in administrative law. Aagaard has been summoned for consultation on the matter.
American court documents indicate that Ørsted could face substantial losses due to the halt of a wind turbine project, potentially requiring additional capital.
Despite trade tensions, Danish exports have continued to grow, including in the USA, partly due to Danish companies establishing production facilities there. However, smaller companies producing outside the USA face challenges due to unpredictability.
Tesla’s market share in the USA has declined to its lowest level since 2017, as other manufacturers gain ground in the electric car market. Tesla’s share has fallen from 80 percent to 38 percent.