Bloomberg Danske Bank A/S is telling corporate clients to think hard about what to do with their excess cash before December 31, because Denmark’s biggest lender doesn’t want it. After a world-record-setting half decade of negative interest rates, Denmark still has a few surprises up its sleeve that show how such a monetary regime works in practice. Though corporate clients ...

Bloomberg Abu Dhabi-based Etihad Airways withdrew its financial support to German carrier Air Berlin Plc, which has filed for insolvency on Tuesday. In an official statement, Etihad Airways said that this latest development is “extremely disappointing for all parties,” especially as the state-owned airline “has provided extensive support to Air Berlin for its previous liquidity challenges and restructuring efforts over ...

Bloomberg A common complaint heard on the streets of Reykjavik—apart from the weather—is about prices. A standard burger will set you back as much as $20, while branded sneakers cost double what they sell for in the US. That’s about to change. Nearly eight years after McDonald’s pulled out of Iceland due to spiraling costs, international retail giants are now ...