Boeing and Airbus have continued their battle to win the most business at the Farnborough International Airshow, racking up commercial plane orders worth more than $110 billion. It should be noted that all the prices quoted are the planemakers’ official list prices with steep discounts likely to be negotiated by buyers. Additionally, the gross dollar […]
Read moreMoney managers are becoming increasingly concerned about the prospects of a ‘no-deal Brexit’ between the U.K. and the European Union. Growing division within both British Prime Minister Theresa May’s Conservative government and the wider parliament is putting investors off. With less than six months of negotiations left — the U.K. is set to leave the […]
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Ex-FBI chief James Comey urges Americans to vote for Democrats in midterm elections
Former FBI director and long-time Republican supporter James Comey is urging American voters to support Democrats in the upcoming midterm elections. “This Republican Congress has proven incapable of fulfilling the Founders’ design that ‘Ambition must … counteract ambition,’” Comey said in a tweet late Tuesday. “All who believe in this country’s values must vote for […]
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Disney, Comcast and Fox: All you need to know about one of the biggest media battles ever
Disney and Comcast are currently locked in a transatlantic bidding war for one of the entertainment industry’s most coveted assets. The skirmish to control some of Rupert Murdoch’s global empire comes as some of the worlds’ most influential media moguls try to find ways to stay relevant at a time when American consumers are cutting […]
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European markets set for a strong open amid earnings; Google in focus
European shares are set for a strong open on Wednesday carrying on the positive sentiment that kickstarted on Wall Street. The FTSE 100 is seen higher by 32 points at 7,665; the DAX is expected to start higher by 49 points at 12,724; and the CAC 40 is seen up by 21 points at 5,441; […]
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Rolls-Royce is developing tiny 'cockroach' robots to crawl in and fix airplane engines
Rolls-Royce said Tuesday it is developing tiny “cockroach” robots that can crawl inside aircraft engines to spot and fix problems. The U.K. engineer said the miniature technology can improve the way maintenance is carried out by speeding up inspections and eliminating the need to remove an engine from an aircraft for repair work to take […]
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‘Treasonous’ Trump and ‘Putin’s poodle:' Scathing headlines follow the Trump-Putin summit
President Donald Trump’s siding with Russian President Vladimir Putin rather than his own intelligence services — who said Russia had meddled in the U.S. election in 2016 — has prompted a litany of eye-grabbing headlines in the press. Trump’s summit with Putin in Helsinki, Finland, on Monday saw the leaders chat in private before a […]
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Trump's performance at summit with Putin was 'unprecedented,' experts say
President Donald Trump’s performance at a joint news conference with Russian President Vladimir Putin on Monday has drawn criticism from many quarters for his siding with Moscow against the U.S. intelligence community. According to multiple experts, the U.S. leader’s focus appeared to be not on his country’s interests — but rather on his own. “Trump […]
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European stocks seen mixed amid earnings; Fed’s Powell to address Congress
Stocks in Europe are poised for a mixed open Tuesday as investors await further corporate results and remarks by Federal Reserve Chairman Jerome Powell. The FTSE 100 is seen up by 6 points at 7,601; the DAX is expected to open off by 9 points at 12,562 and the CAC 40 is set to open […]
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'The United States has been foolish': Read Trump and Putin's full exchange
U.S. President Donald Trump and Russian President Vladimir Putin held a press conference at their summit in Helsinki, Finland on Monday, where the two leaders discussed issues ranging from Russian meddling in the 2016 U.S. presidential election to nuclear arms proliferation, the war in Syria and cooperation on energy. The summit took place only days […]
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