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EU Investigation into Dumping of Cheap Chinese Car Tires Concerns China
China is worried about an EU investigation into the alleged dumping of cheap Chinese car tires, which could lead to tariffs. The EU aims to protect its tire industry, valued at €18 billion.
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Flood Threat Looms Over Buried Swiss Village
A Swiss village buried by a glacier collapse now faces flooding risks due to a blocked river, prompting evacuations and raising climate change concerns.
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SpaceX's Starship Explodes for Third Consecutive Time, Musk Vows More Launches
SpaceX's Starship exploded during its ninth test flight, the third consecutive failure. The FAA reported no injuries or damage. Elon Musk highlighted improvements but acknowledged fuel leak issues, promising more frequent launches.
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IMF warns UK: keep budget in order or risk financial market rebellion
The IMF warns the UK to maintain fiscal discipline to avoid financial market turmoil, endorsing current tax plans but urging caution on additional spending.
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London likely to miss out on Shein's major IPO, company eyes Hong Kong
Shein's planned IPO in London may shift to Hong Kong due to regulatory hurdles, with the company aiming for a listing within a year.
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ECB Likely to Lower Interest Rates Next Week
The ECB is expected to cut interest rates next week, marking the eighth consecutive reduction. Uncertainty remains due to US economic policies, but Dutch inflation is predicted to decline.