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Daewoo CEO questioned over attempts to cover up losses

The chief executive of struggling Korean shipbuilder Daewoo was questioned by state prosecutors on Tuesday over allegations that the yard tried to cover a major deficit in 2015 by underreporting losses.

Photo: Thorbjørn Hansen

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Søren Skou fighting the clock to deliver results

Søren Skou will soon have spent two years heading the Maersk Group and working on the transformation of the conglomerate and the share price that served as key reason for his appointment. "Things take time," says Skou.

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