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UK deputy prime minister's secret UAE trip, PwC faces penalties for Evergrande audit, Nvidia shares expected to swing, EU trade deficit with China shrinks
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- PwC faces potential penalties in China over Evergrande audit quality, risking reputation.
- Investors anticipate significant price swings in Nvidia shares during quarterly earnings report.
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UK seeks to mend relations with UAE amidst strained ties
The UK's Deputy Prime Minister's secretive visit to the UAE aimed to improve the deteriorating relationship between the two nations. Tensions worsened after the UK blocked an Abu Dhabi-backed takeover, leading to frustration on both sides. The UK's motivation includes seeking substantial financial investments from the UAE.
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