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Search teams probe wreckage of jet in French Alps

SEYNE-LES-ALPES, France (Reuters) – French investigators on Wednesday searched for the reason why a German Airbus plowed into an Alpine mountainside, killing all 150 on board including 16 teenagers returning from a school trip to Spain. Helicopters flew over t... More »

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Airbus sells further 15 percent stake in Dassault Aviation

PARIS (Reuters) – Airbus Group (AIR.PA) said it is selling a further 15 percent stake in business and fighter jet maker Dassault Aviation (AVMD.PA) as it continues to unwind its 16-year-old link to its defense market rival. The move will see Airbus’ stake drop... More »

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And they’re off: Ted Cruz to be first to announce 2016 bid

WASHINGTON (Reuters) – Texas Senator Ted Cruz, a conservative firebrand who frequently clashes with leaders of his Republican Party, will become the first major figure from either party to jump into the 2016 U.S. presidential election race on Monday. Cruz is e... More »

FAA plans new steps to speed up commercial drone use: sources

WASHINGTON (Reuters) – The U.S. Federal Aviation Administration plans to unveil new steps soon to make it easier for companies to use drone aircraft for specific business operations, according to people with knowledge of the matter. Commercial drone flights ar... More »

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Lufthansa pilots start first of two strike days

BERLIN (Reuters) – Lufthansa (LHAG.DE) pilots started the first of two days of strike action at the German carrier on Wednesday in an attempt to bring an end to a row over early retirement benefits that has been running for two years. The Wednesday’s strike, a... More »

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Boeing production czar says planemaker won’t repeat errors

SEATTLE (Reuters) – Boeing Co (BA.N) is well-positioned to hit record production targets for its popular 737 jetliner by 2018, having learned from past mistakes, the head of its industrial system told Reuters. “To the extent that we could accommodate uncertain... More »

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Giant Japanese oven gives Boeing room to ramp up 787 output

NAGOYA, Japan (Reuters) – Kawasaki Heavy Industries Ltd (7012.T) opened a plant on Friday with an oversized kiln to bake and harden carbon fiber aircraft fuselage sections, giving it capacity to surpass Boeing Co’s (BA.N) production targets for the 787 Dreamli... More »

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Airbus sales chief says well placed for further output hikes

PHOENIX (Reuters) – Airbus, which recently announced an output increase for its A320 jet family, has amassed enough excess orders through overboooking to justify further production increases at some point in the future, its sales chief said on Monday. Airbus l... More »

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Draft U.S. rules on commercial drones keep some limits

NEW YORK (Reuters) – The U.S. aviation regulator proposed rules on Sunday for commercial drone flights that would lift some restrictions but would still bar activities such as the delivery of packages and inspection of pipelines that have been eyed by companie... More »

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Draft U.S. rules on commercial drones keep some limits on use

NEW YORK (Reuters) – The U.S. aviation regulator proposed rules on Sunday for commercial drone flights that would lift some restrictions but would still bar activities such as the delivery of packages and inspection of pipelines that have been eyed by companie... More »

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ANA Holdings orders Boeing, Airbus planes worth $2.2 billion

TOKYO (Reuters) – Japan’s biggest airline, ANA Holdings, said on Friday it had ordered 15 jetliners from Boeing Co and Airbus Group worth $2.2 billion to bolster flights on domestic routes. ANA’s latest aircraft order includes three 787-10 jets and five 737-80... More »

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Indonesia will not make public full preliminary AirAsia crash report

JAKARTA (Reuters) – Indonesian investigators may release some initial findings next week into last month’s crash of an AirAsia passenger jet that killed 162 people, but the full preliminary report will not be made public, a government official said on Wednesda... More »

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Airbus had record deliveries in 2014, sees big orders: source

PARIS (Reuters) – Airbus increased its deliveries in 2014, setting a new company record, a source at the European planemaker said on Tuesday. The Airbus Group (AIR.PA) subsidiary beat its 2013 peak of 626 deliveries but is expected to remain behind rival Boein... More »

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Airbus to sue Skymark in UK court over canceled A380 contract

TOKYO (Reuters) – European aircraft maker Airbus Group NV is suing Skymark Airlines Inc in Britain, escalating a half-year spat over a canceled jet order and complicating the efforts of Japan’s third-biggest carrier to rebuild its finances. The world’s second-... More »

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Flying back on course: the inside story of the new Airbus A350 jet

PARIS (Reuters) – Ten years ago, the boss of Qatar Airways, who takes his first new A350 jet this week, warned Airbus it was flying off course. Boeing was knocking on his door with a “super-efficient” jet boasting 30 percent fuel savings thanks to a carbon-com... More »

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DISH, Comcast SportsNet reach deal in regional dispute

WASHINGTON (Reuters) – Satellite TV provider DISH Network Corp and Comcast Corp’s SportsNet have reached a deal allowing the cable giant’s regional sports networks to remain on-air for DISH subscribers, the two companies said on Saturday. The two pay-TV compan... More »

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Airbus shares slump after 2016 profit warning

BERLIN/GENEVA (Reuters) – Shares in Airbus (AIR.PA ) suffered their worst drubbing in more than six years on Wednesday after the planemaker predicted flat profits in 2016, a year in which investors had expected it to start feeling the benefit of new and recent... More »

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Pilots call for wider mediation in dispute with Lufthansa

BERLIN (Reuters) – Pilots at Lufthansa (LHAG.DE ) have called for mediation to cover all areas of their dispute with the German airline’s management, not only the early retirement row that has resulted in 10 strikes this year. Lufthansa offered last week to en... More »

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Lufthansa cancels almost half of flights due to strike

FRANKFURT (Reuters) – German flagship carrier Lufthansa (LHAG.DE ) canceled 1,350 flights, or 48 percent of scheduled services, for Monday and Tuesday as its pilots prepared to go on strike, their ninth walkout this year. The canceled short-, medium- and long-... More »

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Romney tops Republican poll for ’16- ahead of Clinton in election

WASHINGTON (Reuters) – Mitt Romney, the Republican Party’s unsuccessful presidential nominee in 2012, leads the field for the 2016 election among Republican voters, according to a Quinnipiac University poll released on Wednesday. The former Massachusetts gover... More »

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After strong debut, Virgin America may be fully priced: Barron’s

(Reuters) – After soaring more than 30 percent in its market debut on Friday, shares of low-cost airline Virgin America Inc may be fully priced, according to a report in Barron’s. Like the rest of the airline industry, Virgin is being lifted by a sharp drop in... More »

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Airbus profits rise but A400M problems resurface

PARIS (Reuters) – Airbus Group (AIR.PA ) reported a stronger-than-expected 12 percent rise in nine-month underlying operating profit on Friday, led by its planemaking and helicopter divisions, and reaffirmed its profit forecasts for the year. However, it warne... More »

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U.S. NTSB: surviving pilot thrown from Virgin Galactic spaceship

LOS ANGELES (Reuters) – The surviving pilot of Virgin Galactic’s SpaceShipTwo was thrown from the rocket-powered vehicle when it broke apart last month, and he was able to unbuckle from his seat before his parachute deployed automatically, U.S. officials said ... More »

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U.S. space industry girds for more oversight after accidents

WASHINGTON (Reuters) – Executives in the fledgling commercial U.S. space industry are bracing for increased scrutiny and oversight after two accidents last week, including one that killed a pilot, but say they view the mishaps as temporary setbacks that will n... More »

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DirecTV beats estimates on higher fees, loses subscribers

(Reuters) – DirecTV, the No.1 U.S. satellite TV provider, reported a quarterly profit above analysts’ expectations as it earned more from each subscriber in the United States. But the company, being bought by AT&T Inc for $48.5 billion, lost subscribers for th... More »

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Pilot mystery at heart of Virgin Galactic spaceship crash probe

MOJAVE Calif. (Reuters) – The probe of Virgin Galactic’s space plane crash in California hinges on a central mystery: Why a seasoned test pilot would prematurely unlock the craft’s moveable tail section, setting off a chain of events that led to destruction of... More »

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Dish posts revenue below estimates as it loses pay-TV users

(Reuters) – Dish Network Corp (DISH.O ), the second-largest U.S. satellite TV company, reported lower-than-expected quarterly revenue as it lost pay-TV subscribers due to increased competition. Dish, which has about 14 million subscribers, said on Tuesday it l... More »

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Pilot actions examined in U.S. crash of Virgin Galactic spacecraft

MOJAVE Calif. (Reuters) – A human-factors expert will join the investigation of the fatal crash of Virgin Galactic’s passenger spacecraft to study why the co-pilot prematurely unlocked a pivoting tail section of the ship during a test flight, a top safety offi... More »

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NTSB to review FAA oversight in Virgin Galactic crash

MOJAVE Calif. (Reuters) – The U.S. National Transportation Safety Board, which is investigating Friday’s fatal crash of a Virgin Galactic spaceship, will review the Federal Aviation Administration’s involvement in permitting the vehicle for test flight, acting... More »

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Rocket plane’s tail activated prematurely in fatal crash

MOJAVE Calif. (Reuters) – A human-factors expert will join a team investigating the fatal test-flight crash of the Virgin Galactic passenger rocket plane to study why the co-pilot prematurely unlocked the ship’s pivoting tail section, the National Transportati... More »

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Ryanair raises profit forecast on winter bookings surge

DUBLIN (Reuters) – Ryanair (RYA.I ) raised its annual profit forecast almost 20 percent on Monday thanks to a surge in winter bookings and said it would cut fares by up to 10 percent in the new year to take more market share from struggling airline rivals. The... More »

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Police confirm identities of pilots in Virgin spaceship crash

LOS ANGELES (Reuters) – The pilot killed in the crash of the Virgin Galactic spaceship has been identified as Michael Alsbury, and the pilot who survived is Peter Siebold, Kern County Sheriff’s Office spokesman Ray Pruitt said on Saturday. Alsbury, 39, was fro... More »

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Lufthansa close to deal with IBM for IT infrastructure unit

BERLIN/FRANKFURT (Reuters) – German airline Lufthansa (LHAG.DE ) is close to a deal to sell its IT infrastructure unit to IBM (IBM.N ), including an outsourcing agreement for the services, as part of a shake-up of its technology activities, it said on Wednesda... More »

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Airbus Helicopters expects China to become biggest market by 2020

BEIJING (Reuters) – Airbus Helicopters, the world’s largest civil helicopter maker, expects China and Hong Kong to become its biggest global market within six years as Beijing starts to lift restrictions on the use of low altitude airspace from 2015. The Airbu... More »

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Pilots extend Lufthansa strikes to long-haul flights

FRANKFURT (Reuters) – German pilots union VC on Monday widened its strike at Lufthansa (LHAG.DE ) to include long-haul flights on Tuesday, having previously targeted only the carrier’s short and medium-haul routes on Monday and Tuesday. The walkout affecting l... More »

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Islamic State training pilots to fly in three jets: Syria monitor

BEIRUT (Reuters) – Iraqi pilots who have joined Islamic State in Syria are training members of the group to fly in three captured fighter jets, a group monitoring the war said on Friday, saying it was the first time that the militant group had taken to the air... More »

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Lockheed says makes breakthrough on fusion energy project

WASHINGTON (Reuters) – Lockheed Martin Corp said on Wednesday it had made a technological breakthrough in developing a power source based on nuclear fusion, and the first reactors, small enough to fit on the back of a truck, could be ready for use in a decade.... More »

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Airbus A350 wins key approval for extended ops: sources

PARIS (Reuters) – Europe’s Airbus has won European safety approval that would allow its new A350 long-haul passenger jet to fly almost any commercial route, sources familiar with the matter said. The European Aviation Safety Agency has officially granted the t... More »

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India’s IndiGo secures rights to buy 100 more Airbus A320 planes

NEW DELHI (Reuters) – Indian low-cost carrier IndiGo has secured the rights to buy a further 100 Airbus (AIR.PA ) A320 planes, in addition to the 250 it agreed to purchase, the airline’s President Aditya Ghosh told Reuters on Wednesday. IndiGo, India’s largest... More »

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Air France puts cost of pilots strike at 500 million euros

PARIS (Reuters) – Air France-KLM (AIRF.PA ) has put the total cost of last month’s two-week pilots strike at 500 million euros ($632 million), enough to wipe more than a fifth off the group’s estimated full-year core profit and sending its shares to a 13-month... More »

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The Big Data bounty: U.S. startups challenge agribusiness giants

MAPLE PARK Ill. (Reuters) – Chris Gould’s combine cab is loaded like the cockpit of a fighter jet he used to fly as he harvests soybeans in northern Illinois, steered by satellites, four video screens glowing with up to minute updates about his crop and the wo... More »

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Airbus wins 1,077 gross plane orders in Jan to Sept period

PARIS (Reuters) – European planemaker Airbus (AIR.PA ) said on Monday it won 1,077 gross plane orders in the first nine months of the year. Taking cancellations into account, net orders totalled 791 in the year to end-September, Airbus said. Deliveries over th... More »

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Australian aircraft to support U.S.-led air strikes in Iraq: PM

SYDNEY (Reuters) – Australian aircraft will join the U.S.-led coalition in air strikes against Islamic State insurgents in Iraq in an initial support role, Prime Minister Tony Abbott said on Wednesday, ahead of a final decision to undertake bombing missions. T... More »

U.S. charges four with stealing $100 million in software, data

WASHINGTON (Reuters) – Four members of an alleged international computer hacking ring were charged with stealing more than $100 million worth of software and data – some of it used to train military pilots and some related to Microsoft Corp’s (MSFT.O ) Xbox ga... More »

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Airbus seen set to win A350 certification on Tuesday

PARIS (Reuters) – Airbus (AIR.PA ) looks set to win European safety certification for its newest airliner, the A350, on Tuesday, people familiar with the plans said. The stamp of approval will allow Europe’s newest wide-body jetliner to enter service once the ... More »

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Air France offers to postpone low-cost project to end strike

PARIS (Reuters) – The head of Air France-KLM offered on Monday to postpone roll-out of its European low-cost operation until the end of the year in a bid to end a week-long pilots’ strike costing it millions of euros a day. Setting out what he called a “final ... More »

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Chinese hacked U.S. military contractors, Senate panel finds

WASHINGTON (Reuters) – Hackers associated with the Chinese government have repeatedly infiltrated the computer systems of U.S. airlines, technology companies and other contractors involved in the movement of U.S. troops and military equipment, a U.S. Senate pa... More »

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Air France pilots strike enters fourth day

PARIS (Reuters) – A pilots strike at Air France stretched into its fourth day on Thursday, with the two sides still at odds in a dispute over cost cuts that has forced the airline to cancel nearly 60 percent of its flights. The pilots are carrying out a week-l... More »

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Boeing’s ‘space taxi’ includes seat for a tourist

CAPE CANAVERAL Fla. (Reuters) – Boeing Co’s (BA.N ) proposal to develop a so-called space taxi for NASA astronauts includes a seat for paying tourists to fly to the International Space Station, the company’s program manager said on Wednesday, a first for a U.S... More »

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Boeing, SpaceX win contracts to build ‘space taxis’ for NASA

CAPE CANAVERAL/WASHINGTON (Reuters) – NASA will partner with Boeing and SpaceX to build commercially owned and operated “space taxis” to fly astronauts to the International Space Station, ending U.S. dependence on Russia for rides, officials said on Tuesday. T... More »

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Air France shares dip as pilots start one-week strike

PARIS (Reuters) – Shares in Franco-Dutch airline Air France-KLM (AIRF.PA ) fell more than 3 percent on Monday as pilots at the French arm of the business began a one-week strike over plans to cut costs. Air France said on its web site it expected to operate 48... More »

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Lufthansa pilots to strike in Frankfurt on Tuesday

FRANKFURT (Reuters) – Lufthansa (LHAG.DE ) pilots will hold an eight-hour strike on Tuesday, wiping out flights from its Frankfurt hub, union Vereinigung Cockpit said on Monday, announcing the fourth strike by the pilots to hit the German airline within three ... More »

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Worry, mystification in China over Scotland independence vote

BEIJING (Reuters) – As Scotland heads to the polls this week to vote on whether to become independent, one country with restive regions of its own is watching the debate unfold with nervousness and some mystification – China. China has every reason to look ask... More »

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DirecTV confident it will close Sunday Ticket deal by end of 2014

NEW YORK (Reuters) – DirecTV, the largest U.S. satellite provider, expects to finalize its much anticipated contract with the National Football League for rights to the popular Sunday Ticket package by the end of the year, chief executive Mike White said on Fr... More »

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Airbus CEO criticizes German arms export rules

BERLIN (Reuters) – The chief executive of aerospace and defense group Airbus (AIR.PA ) criticized the German government on Thursday for its restrictive arms export policy, saying it could deter international cooperation on future defense projects. “When it com... More »

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Qatar to take Airbus superjumbos- questions remain about A320 test

PARIS (Reuters) – Europe’s Airbus (AIR.PA ) has lifted a stumbling block to delivery of the world’s largest jetliner to Qatar but faces the growing prospect of delays for the first flight of its newest small jet, the A320neo, several people familiar with the m... More »

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Air France says passenger traffic rose 3.1 percent in August

PARIS (Reuters) – Franco-Dutch airline Air France-KLM (AIRF.PA ) said on Monday that passenger traffic rose 3.1 percent in August, led by long-haul flights to Asia and the Americas. The passenger load factor, a measure of the portion of capacity filled, rose 1... More »

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Germanwings pilots start strike as Lufthansa row rumbles on

BERLIN (Reuters) – Pilots at Lufthansa’s (LHAG.DE ) Germanwings started a six-hour strike on Friday, disrupting the travel plans of thousands of people returning from summer holidays, applying pressure on Lufthansa management in their dispute over a pension sc... More »

Cox not interested in T-Mobile or going public: president

WASHINGTON (Reuters) – Cox Communications Inc [COXC.UL] is not interested in merging with wireless carrier T-Mobile US Inc or rival cable providers, Cox President Pat Esser said on Tuesday, dispelling rumors recently swirling about the private company. “We’re ... More »

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EU and U.S. announce new sanctions on Russia over Ukraine

BRUSSELS/WASHINGTON (Reuters) – The European Union and the United States on Tuesday announced further sanctions against Russia, targeting its energy, banking and defense sectors in the strongest international action yet over Moscow’s support for rebels in east... More »

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Australian police to renew bid to access Ukraine crash site

SYDNEY (Reuters) – A joint Australian-Dutch probe team will renew efforts on Monday to gain access to the crash site of a Malaysian airliner in eastern Ukraine, Australian Federal Police said, after fierce fighting kept them away the previous day. Evidence cou... More »

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Train carrying MH17 bodies reaches government-held Ukrainian city

DONETSK Ukraine (Reuters) – A train carrying the remains of many of the 298 victims of Malaysia Airlines flight MH17 arrived in a Ukrainian government-held city on Tuesday on the first leg of their final journey home to be reclaimed by their families. Five ref... More »

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Global stocks rebound as Ukraine jetliner tensions ease

NEW YORK (Reuters) – Global equity markets and the dollar rode a rebound in risk appetite on Tuesday that lifted the S&P 500 to a record high on signs of cooperation from Ukraine’s pro-Russian separatists over last week’s downing of a Malaysian jetliner. Solid... More »

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U.S. presses case against Russia on downed jet as horror deepens

HRABOVE Ukraine/WASHINGTON (Reuters) – U.S. Secretary of State John Kerry laid out what he called overwhelming evidence of Russian complicity in the shooting down of Malaysia Airlines flight MH17 as international horror deepened over the fate of the victims’ r... More »

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Julius Baer CEO sees ‘fair and equitable’ solution to U.S. probe

ZURICH (Reuters) – Julius Baer said it believes it will find a “fair and equitable” solution to a U.S. criminal probe into the Swiss bank’s role in helping wealthy Americans evade their taxes. The Zurich-based private bank said it had little substantial inform... More »

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Wall Street Week Ahead: One volatile day does not a correction make

NEW YORK (Reuters) – Volatility spiked on Thursday after the tragedy of a downed civilian jetliner in Ukraine and the mounting death toll in Gaza and Israel interrupted the summer trading slumber. Still, the bears may have to wait a while to call the start of ... More »

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Asian shares fall as Malaysian jet downing hits sentiment

TOKYO (Reuters) – Asian shares sagged on Friday and a drop in Treasury bond yields put pressure on the dollar after the downing of a Malaysian Airlines passenger plane over Ukraine sent investors scurrying into defensive assets. The shadow was expected to fall... More »

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Wall St. slides on Malaysian airliner crash news

NEW YORK (Reuters) – U.S. stocks sank on Thursday, with the S&P 500 posting its biggest one-day percentage drop since April 10 on news that a Malaysian Airlines passenger jet crashed near the Ukraine-Russia border. Investors sold stocks in a move to avoid risk... More »

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Phones, shoes to face scrutiny as airport security tightened: U.S.

WASHINGTON (Reuters) – Airlines with direct flights to the United States have been told to tighten screening of mobile phones and shoes in response to intelligence reports of increased threats from al Qaeda-affiliated militant groups, U.S. officials said on Th... More »

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Boeing gets $2.8 billion contract from NASA

(Reuters) – Boeing Co (BA.N ) said it signed a $2.8 billion contract with NASA to develop the core stage of the Space Launch System (SLS). The agreement comes as NASA and Boeing complete the Critical Design Review on the core stage, the last major review befor... More »

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Thai Airways names new acting president

BANGKOK (Reuters) – The board of Thai Airways International Pcl has appointed Air Chief Marshal Siwakiat Jayema as acting president from July 1 as the country’s military rulers reshuffle and restructure the loss-making carrier hit by months of political unrest... More »

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U.S. missile defense system destroys target in key test

WASHINGTON (Reuters) – The U.S. missile defense system managed by Boeing Co on Sunday hit a simulated enemy missile over the Pacific in the first successful intercept test of the program since 2008, the U.S. Defense Department said. The intercept will help val... More »

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U.S. missile defense system hits target in key test

WASHINGTON (Reuters) – The U.S. missile defense system managed by Boeing Co on Sunday hit a simulated enemy missile over the Pacific in the first successful intercept test of the program since 2008, the U.S. Defense Department said. The successful intercept wi... More »

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Airbus, Safran create space launch joint venture

PARIS (Reuters) – Airbus Group and Safran confirmed plans on Monday to combine work on space launchers, accelerating efforts to fend off a growing threat to Europe’s Ariane space rocket from U.S. low-cost rival SpaceX. The move is the first step towards consol... More »

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Karachi airport attack signals tactical shift by Taliban

KARACHI (Reuters) – It was the shoes that betrayed Corporal Faiz Mohammad’s would-be killers. When 10 Taliban militants attacked Pakistan’s busiest airport on Sunday night, sparking a five-hour gun battle that killed at least 34 people, Mohammad and his fellow... More »

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China denounces Japan protest over military jets’ close brush

BEIJING (Reuters) – China said on Thursday that Japan’s accusations of Chinese fighter jets flying “abnormally close” to Japanese military aircraft over the East China Sea were aimed at deceiving the international community. Japan protested after Chinese warpl... More »

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Lockheed sees next U.S. F-35 fighter contract early this summer

WASHINGTON (Reuters) – Lockheed Martin Corp expects to sign a contract with the U.S. government early this summer for 43 more F-35 fighter jets, but the deal is unlikely to match price reductions seen on the last few contracts, a top company executive said Mon... More »

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Private U.S. report accuses another Chinese military unit of hacking

SAN FRANCISCO (Reuters) – A private U.S. cybersecurity company on Monday accused a unit of China’s military of conducting far-reaching hacking operations to advance the country’s satellite and aerospace programs. Security company CrowdStrike said Shanghai-base... More »

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Emirates airline sees progress soon on A380 engine upgrade

DOHA (Reuters) – Dubai’s Emirates airline, the largest customer for the Airbus A380, said on Monday it hoped to achieve progress soon on its call to upgrade the world’s biggest passenger jet with new engines. Emirates has expressed interest in applying the les... More »

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In Europe, Obama gets second chance to explain his Russia policy

WASHINGTON (Reuters) – President Barack Obama heads to Warsaw, Brussels, Paris and Normandy this week where he is expected to elaborate on the U.S. commitment to counter Russian moves against Ukraine and reassure nervous allies the United States has their back... More »