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US judge drops criminal charges against Boeing over 737 MAX 8 crashes
US judge drops criminal charges against Boeing over 737 MAX 8 crashes
by  AFP

A US judge dropped criminal charges against Boeing on Thursday over deadly crashes of its 737 MAX 8 aircraft as part of an agreement between the company and prosecutors. The case dates to a January 2021 DOJ agreement with Boeing that settled charges that the company knowingly defrauded the Federal Aviation Administration during the MAX certification.

Police say 19 held after raid at Swedish start-up Stegra to be deported
Police say 19 held after raid at Swedish start-up Stegra to be deported
by  AFP

Police said Thursday that 19 people they caught working illegally during a raid at the Swedish start-up Stegra's steel mill would be deported. Police said they had conducted over 100 immigration checks during the raid, finding 19 people who did not have the right to work and reside in Sweden.

Merz backs EU plan to protect steel sector from Chinese imports
Merz backs EU plan to protect steel sector from Chinese imports
by  AFP

Germany supports proposals by the EU to increase tariffs on foreign steel as the bloc struggles with cheap imports, especially from China, Chancellor Friedrich Merz said Thursday. The EU in October floated plans to double tariffs on foreign steel -- taking a leaf from US President Donald Trump's book to shield the bloc's struggling industry from cheap Chinese exports.

Bank of England leaves rate unchanged before UK budget
Bank of England leaves rate unchanged before UK budget
by  AFP

The Bank of England kept its key interest rate at 4.0 percent Thursday, opting against a cut before the UK government's annual budget this month set to feature tax rises. - Unclear outlook - The BoE last cut its key rate in August amid concerns over the impact of US tariffs on the UK economy.