The Latest Breaking News from Helge Lund

Newly installed Chairperson Lars Rebien Sorensen signaled a rapid shift in governance and strategic direction at Novo Nordisk A/S (NYSE:NVO), saying he intends to strengthen the board's pharmaceutical and over-the-counter expertise while easing concerns about the sweeping power now held by the Novo Nordisk Foundation.

Surprise shake-up follows row with majority shareholder, which seeks ‘extensive reconfiguration’

Albert Manifold, ex-boss at buildings material company CRH, to take over from embattled Helge Lund

Mr Manifold will join the oil giant as chairman-elect on September 1 before taking over from Helge Lund as chairman on October 1.

Mining stocks surged by as much as 4% today as the FTSE 100 index held its 9000 position at the start of a busy week for corporate earnings.

Britain's BP said on Tuesday net profit plunged in the first quarter as the struggling energy giant undergoes a major overhaul back to its fossil fuel business.

Shareholders delivered a massive rebuttal for Helge Lund’s reappointment amid tensions.

Nearly a quarter of shareholders vote against the chair, Helge Lund, as green protesters are blocked from entering

The oil major’s board is likely to face conflicting pressures from shareholders against a backdrop of confusion and uncertainty for investors.