Copenhagen - Share prices for Danish audio and multimedia products maker Bang & Olufsen dipped Tuesday after the group announced a lower profit outlook in its nine-month report for 2008/2009. Known for its sleek design of audio and other equipment, the group has been struggling recently but in the third quarter signed deals to deliver sound systems to car makers Audi and Aston Martin.

The share price dropped over 8 per cent but recovered some ground and was down some 1.5 per cent at noon on the Copenhagen bourse.

Copenhagen  - Denmark's new prime minister made his first cabinet appointments Tuesday, designating among others a new finance and labour minister.

Prime Minister Lars Lokke Rasmussen formally took over the reins of Denmark's government this weekend after his predecessor, Anders Fogh Rasmussen, accepted a position as NATO secretary general.

Claus Hjort Frederiksen, until now the labour minister, will take over the finance portfolio. Karin Ellemann was named interior minister, while Karin Stjberg is to take over the labour portfolio.

Copenhagen  - Newly-designated NATO chief Anders Fogh Rasmussen formally handed in his resignation Sunday as prime minister to Danish Queen Margrethe II.

Rasmussen, 56, is to be succeeded by his namesake, 44-year-old Finance Minister Lars Lokke Rasmussen, as head of the government.

The formal resignation comes a day after the NATO summit in Strasbourg chose Rasmussen as alliance's next secretary general to succeed outgoing NATO chief Jaap de Hoop Scheffer. Rasmussen would take over his NATO post on August 1.

Copenhagen - NATO leaders reached a deal Saturd

Copenhagen  - Danish Prime Minister Anders Fogh Rasmussen on Friday held meetings with his cabinet and confirmed he was a candidate for new NATO secretary general, Danish media reported.

After the meetings, the premier left for a summit of the defence alliance, but did not met the press.

Rasmussen, who has been premier since 2001, has been mentioned as a favourite to become the new secretary general of NATO. However, Turkey has expressed opposition to his appointment.