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Vestas merges European sales units

The Danish wind turbine manufacturer has decided to merge its sales business units for Northern Europe and Central Europe. This means a farewell to Klaus Steen Mortensen, President of Vestas Northern Europe.

Photo: /ritzau/Carsten Ingemann

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IMF warns of trade war and expensive financial markets

Although risks are emerging due to a trade war, political unrest in the EU and inflated financial markets, the global recovery has not yet lost its momentum, says the International Monetary Fund in an update to its April forecast.

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