In the past 24 hours, the Euro has weakened against the US Dollar. Investors are focusing on catching any signs of a slow down from the European Central Bank. Steen Jakobsen, Chief Investment Officer at Saxo Bank, spoke to Share Radio ahead of an ECB meeting.
The Danish conglomerate Maersk Group said it will split to form separate transport and energy companies. In an announcement today it said the main group Møller - Mearsk will become an integrated transport and logistics company. Oil and oil related businesses, either individually or in combination, will be separated from the main group. Maersk Oil will focus on optimizing and strengthening its strong position in the Danish, British and Norwegian parts of the North Sea. The Møller - Mærsk A/S will reorganise into two separate divisions; Transport & Logistics and Energy. Accendo's Mike van Dulken joins us