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Danish minister ousted following mink scandal

Bloomberg Denmark’s response to a coronavirus mutation in its mink population has just cost a cabinet minister his job. Mogens Jensen, the 57-year-old minister for food and veterinary affairs, is stepping down after losing parliament’s support, according to a statement issued by his office on Wednesday. His departure comes a fortnight after Prime Minister Mette Frederiksen told Danish farmers to ...

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Brexit creates jobs for customs staff in eastern Europe, India

Bloomberg UK companies are turning to cheaper overseas labour to complete their post-Brexit customs paperwork, creating jobs in countries such as Romania and India due to a shortage of trained staff in Britain. Anticipating a surge in demand for its services, Xpediator Plc, which handles freight flows for international companies, has been hiring workers in Romania. Dave Gladen, the firm’s ...

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Pfizer seeks deals with biotech firms in China

Bloomberg Pfizer Inc is on the hunt for partnerships with Chinese biotech firms developing novel drugs, as the American pharmaceutical giant regroups after Beijing’s aggressive price-cutting campaign eroded profit margins in its mainstay blockbusters. The company is embarking on a strategic shift to maintain growth in the world’s second-largest drug market after China slashed prices for off-patent medicines by more ...

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