Bloomberg Danske Bank A/S has cut 60 jobs as part of plans to reduce costs and operate with a smaller labour force. The cuts were made across the organization in January, Karsten Breum, head of human resources at the Copenhagen-based bank, said in an emailed statement. Denmark’s largest bank, which is due to publish 2021 earnings on Thursday, currently employs ...

  Bloomberg The Czech central bank raised borrowing costs to the highest level in the European Union, (EU) delivering what’s probably its last large increase and outlining a relatively dovish outlook for the rest of the year. The koruna weakened. Policy makers raised the benchmark rate to 4.5% from 3.75%, as predicted by a majority of economists in a Bloomberg ...

  Bloomberg Audi is considering investments in clean energy for sites in China where the luxury car-maker is struggling to source enough power from renewable sources to churn out hundreds of thousands of vehicles each year. Volkswagen AG’s key earnings contributor has pledged to make its production network carbon-neutral by 2025, and has already moved plants in Belgium and Hungary ...