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Korea Development Bank CEO cuts off tax money for Daewoo

The CEO of state-owned Korea Development Bank, Lee Dong-geol, rejects that struggling shipyard Daewoo Shipbuilding will be given more tax-funded financial support, report Korean media.

Photo: Thorbjørn Hansen

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How sulfur regulations prompted a Norwegian analyst to switch jobs

Torbjørn Kjus is especially known for having predicted the oil price plunge a few years ago as an analyst at DNB Markets. Now, he has stepped down from his role in the Norwegian bank to assume a fund manager position, where he will manage deals in the wake of new global sulfur regulations.

Freight forwarder Scan Global aims to double revenue

Within the next few years, the freight forwarder Scan Global Logistics' top line should be doubled, says Group CEO Allan Melgaard to ShippingWatch. Recently, the company has announced several expansions of the business.

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