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Czech court nixes ex-PM Babis's acquittal in EU fraud case
Czech court nixes ex-PM Babis's acquittal in EU fraud case
Economy
by  AFP

Former Czech billionaire premier Andrej Babis will go back to court over an EU fraud case after an appeals court cancelled his acquittal, a specialised judiciary website said Wednesday. The High Court in Prague scrapped the January verdict acquitting Babis because of "insufficient and wrongly used evidence", said the Ceska justice (Czech Judiciary) website.

US retail sales, producer prices register October fall
US retail sales, producer prices register October fall
Economy
by  AFP

Retail sales in the United States fell slightly in October, according to government data published Wednesday, fueled by a large drop in consumer spending at furniture and home furnishing stores. Spending at furniture and home furnishing stores saw the largest monthly decline in October, falling by 2.0 percent from a month earlier.