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Swatch profits plunge as China luxury crisis bites
Swatch profits plunge as China luxury crisis bites
by  AFP

Swiss watch group Swatch saw its first half profits plunge due to the luxury market crisis in China and warned Monday the key market was likely to remain difficult throughout the rest of the year. But the Chinese market will likely remain challenging for the entire luxury goods industry until the end of the year, it said.

Belgrade's sewage problem festers despite pledges
Belgrade's sewage problem festers despite pledges
by  AFP

The sight of ducklings struggling to swim in Belgrade's stinking sewage-choked rivers is one residents hope a long-promised wastewater treatment plant will make a thing of the past. Hopes for the city's water quality were raised in June after authorities announced they had found candidates willing to build a much-needed sewage treatment plant.

Stocks mixed, dollar rises as traders weigh Trump shooting
Stocks mixed, dollar rises as traders weigh Trump shooting
by  AFP

Asian markets were mixed Monday as investors weigh the impact of the assassination attempt on Donald Trump with data suggesting it has boosted his chances of being re-elected president. Still, Katrina Ell at Moody's Analytics said: "The assassination attempt might lead to a temporary boost in the polls for Trump, but a lot can change before November.

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