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Airbus heads for dogfight with UTC over CSeries costs

PARIS/MONTREAL Airbus is preparing to cross swords with United Technologies over the price of components and services for the Bombardier CSeries in a bid to make it easier to market the jet it agreed to bail out last year, people close to the matter said.

Armistice and axe murders: Korea's DMZ summit site full of diplomatic, military history

SEOUL The "peace village" of Panmunjom, with its cluster of distinctive bright blue buildings and chequered history of defections, tension and murder, is an apt choice for the first inter-Korean summit in more than a decade.

Trump tariffs cause headaches for S&P 500 manufacturers

NEW YORK U.S. President Donald Trump's tariffs on steel and aluminum from China are leading to higher costs for major U.S. manufacturers and causing concerns at other companies, according to executives who spoke to investors in recent days.

Germany, France press ahead on 'historic' joint weapons developments

BERLIN German and French officials on Thursday pressed ahead with plans to jointly develop a next-generation fighter jet, a drone and a maritime airborne warfare aircraft, saying the projects showed European unity and strength in an increasingly uncertain world.

CFM says more than half of engines inspected after emergency directive

WASHINGTON Jet engine manufacturer CFM International Inc said on Thursday airlines have inspected more than half of nearly 700 CFM engines subject to an emergency order issued late Friday by U.S. and European regulators.

Air China, China Eastern Airlines post jump in first-quarter profits

SHANGHAI Air China reported a higher quarterly net profit on Thursday, which it said was helped by a strengthening yuan and improved passenger and cargo volumes.

ExoMars Rover prepares for shake down ahead of Mars trip

STEVENAGE, England The European Space Agency's mission to search for life on Mars has reached an important milestone with its six-wheeled surface rover prototype ready for its "shake and bake". | Video

Siemens names Barbara Humpton as new U.S. CEO

ZURICH Siemens has named Barbara Humpton as its chief executive officer in the United States, effective June 1.

Missile maker MBDA plans tie-ups not takeovers in U.S. push

BERLIN European missile maker MBDA prefers to form cooperation agreements with U.S. companies instead of using takeovers to gain access to the large U.S. arms market, Chief Executive Antoine Bouvier told Reuters in an interview.

Russia, Iran, Turkey foreign ministers to meet in Moscow: agencies

MOSCOW Russian Foreign Minister Sergei Lavrov will meet with his Turkish and Iranian counterparts in Moscow on Saturday to discuss Syria and the Iran nuclear deal, news agencies cited Russian foreign ministry spokeswoman Maria Zakharova as saying.

U.S. Marines say new CH-53K helicopter program on track

BERLIN The U.S. Marine Corps is on track to declare an initial four CH-53K heavy-lift helicopters, built by Lockheed Martin Corp's Sikorsky unit , ready for combat use as planned in December 2019, senior Marine Corps officials said on Thursday.

Facebook slammed by UK lawmakers as CTO promises transparency overhaul

LONDON A top Facebook executive apologized for errors made by the firm and vowed to do more to improve transparency during a four-hour grilling on Thursday from British lawmakers who insisted the company's response to a data scandal had been inadequate. | Video

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