The share price of NVIDIA, the American chip giant, experienced a decline on Wednesday following reports of slowing growth after two years of rapid expansion. Uncertainty surrounding NVIDIA’s sales in the significant Chinese market further contributed to the drop.
The EU is preparing a new package of sanctions against Russia, focusing on preventing third countries from aiding Russia in circumventing existing punitive measures. Foreign ministers will discuss the proposed sanctions at a meeting in Copenhagen this weekend.
Figures from the pension fund Danica indicate that layoffs and restructuring within Danish businesses are negatively impacting employee health. Sixteen percent of mental injuries in the workplace are attributed to these organizational changes, leading to extended sick leave or the need for psychological support.
Foreign Minister Lars Løkke Rasmussen is proposing significant pension reforms, offering Danes the option of “part-time pensions” with reduced working hours and pay, supplemented by state compensation. This plan would involve abolishing the early retirement scheme, the Arne pension, and the senior pension currently utilized by 30,000 Danes. The Confederation of Danish Industry and the Danish Chamber of Commerce have expressed positive views on the proposal.
Minister of Taxation Rasmus Stoklund has stated that payments made by unknown financiers to cover citizens’ tax bills in 12 Danish Panama cases are considered tax-free. According to Stoklund, these payments are classified as compensation rather than gifts.
The Asian markets were read at 7:10 AM, with rates for Denmark and the USA reflecting Wednesday’s closing figures.
Spokespersons from political parties are demanding further clarification from Minister for Energy Lars Aagaard regarding another report of potential delays at the state-owned Energinet, information previously withheld from the public and politicians. The report reveals more extensive delays than previously known, impacting over 50 private projects and potentially resulting in a combined delay of over 90 years.