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The Skokie village board gave its first reading approval for developers to build hundreds of luxury apartments across three buildings at the upscale shopping mall Westfield Old Orchard at its village board meeting on Monday. The first phase of construction would create 425 apartments between two mixed-use buildings, one five stories tall and one seven stories tall. The second construction phase would be for an additional seven-story building that could be used for more apartments or a hotel, said Stephen Fluhr, Unibail-Rodamco-Westfields senior vice president of development.
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China's export growth in September slowed to 2.4%, marking its weakest level since May, due to reduced shipments to key markets and rising trade tensions. Imports saw a minimal increase, contributing to a substantial trade surplus of $82 billion for September. Notably, Russian purchases of Chinese goods surged to a record $11 billion.
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Chinese and European automakers face off at the Paris car show amid EU plans for hefty import tariffs on Chinese EVs. Chinese brands caution higher prices could dissuade consumers while pushing forward with European market expansions, despite new EU duties of up to 45% on Chinese-made vehicles.
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