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EU to probe Czech aid for two nuclear units
EU to probe Czech aid for two nuclear units
by  AFP

The European Commission said Monday it had opened an investigation to assess whether the Czech government's support plan for the construction and operation of two nuclear units is in line with EU state aid rules.

Swiss court to hear landmark climate case against cement giant
Swiss court to hear landmark climate case against cement giant
by  AFP

A Swiss court has decided to hear a landmark climate case pitting residents of a tiny Indonesian island being swallowed by rising sea levels against cement giant Holcim, NGOs helping the islanders said Monday. Holcim has not owned any cement plants in Indonesia since 2019, but the islanders argue that the company shares the blame for rising temperatures and sea levels.

Asian markets rally with Wall St as rate hopes rise, AI fears ease
Asian markets rally with Wall St as rate hopes rise, AI fears ease
by  AFP

Asian markets rallied Monday and gold hit a record high as the latest round of US data boosted hopes for more interest rate cuts, while worries over AI spending also subsided. Gold, which benefits from lower US interest rates, hit a fresh record above $4,388, while silver also struck a new peak.

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