Danish developer Orsted took a total DKr12.1bn ($1.68bn) impairment in the fourth quarter 2024 due to stubbornly high US interest rates, supply chain turmoil in its Sunrise Wind array, and plummeting ...

Orsted announced a $1.68 billion impairment charge on its US offshore wind projects due to rising interest rates, seabed lease issues, and delays in the Sunrise Wind project. President Trump's ...

Orsted ORSTED-14.38%decrease; red down pointing triangle shares sank to the bottom of the Stoxx Europe 600 index Tuesday after the company announced a $1.7 billion fourth-quarter impairment amid ...

Orsted shares sank to the bottom of the Stoxx Europe 600 index Tuesday after the company announced a $1.7 billion fourth-quarter impairment amid higher costs at its U.S. Sunrise Wind project and ...

(Bloomberg) -- Orsted A/S shares slumped after it recorded a $1.7 billion hit on its earnings as the cost of building offshore wind farms in the US keeps rising, complicating the company’s ...

Orsted recorded a 12.1 billion-krone ($1.7-billion) hit on its earnings as the costs of offshore wind farms, particularly in the U.S., keep rising. The setback is the latest in a long series of ...

Trump suspends offshore wind power leases Denmark's Orsted takes fur impairments on US projects Shares plunge 17%, taking losses to 84% since 2021 peak Other companies fall much less Biden ...

The Mohamed Salah contract saga shows no signs of simmering down - much like Liverpool's relentless title charge. However, the former could end up jeopardising the latter if Liverpool don't get ...

COPENHAGEN, Jan 20 (Reuters) - Offshore wind developer Orsted (ORSTED.CO), opens new tab on Monday posted an impairment charge of 12.1 billion Danish crowns ($1.69 billion) in the fourth quarter ...

SINGAPORE – Three men have been arrested for affray following a fight that broke out in Ang Mo Kio on Jan 17. The police said they were alerted to the case at 181 Ang Mo Kio Avenue 5 at 11.55pm ...