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US debt talks on knife edge
Talks to avoid a US debt default were on a knife edge Saturday as President Joe Biden warned he would not accept "extreme" Republican demands but suggested there remained a path to success.
Business tough in China as national security trumps all
Doing business in China has become harder and potentially more perilous as the government prioritises an ever-widening definition of national security over all else, despite insisting the country has reopened for trading.
After SpaceX, NASA taps Bezos's Blue Origin to build Moon lander
Two years after awarding Elon Musk's SpaceX a contract to ferry astronauts to the surface of the Moon, NASA on Friday announced it had chosen Blue Origin, a rival space company founded by billionaire Jeff Bezos, to build a second lunar lander. Blue Origin had also competed for the first contract, and filed an unsuccessful lawsuit against NASA when SpaceX was chosen as the sole lander provider.
Republicans pause debt talks as W.House says 'real differences'
Republicans have paused crunch US debt default talks less than two weeks before a potentially catastrophic default, House Speaker Kevin McCarthy said Friday, citing lack of movement from Democrats.
Russian economy pressured as hundreds more added to US blacklist
The United States added hundreds more companies and individuals to its sanctions blacklist Friday as it broadened efforts to choke of Russia's global supply chains and starve its economy over its war on Ukraine. In all about 300 individuals, companies, institutes, ships and aircraft involved in alleged sanctions-violating activities were added to US Treasury and State Department blacklists.
Canada's WestJet reaches deal averting pilot strike
Canadian airline WestJet on Friday announced it had reached a tentative deal with its pilots union, a day after it canceled nearly 100 flights in anticipation of a strike. The Air Line Pilots Association, Int'l (ALPA) had notified WestJet on Monday that 1,800 pilots would stop work starting early Friday morning if a deal was not reached with company executives by Thursday evening.
Tesco chairman to step down over misconduct claims
UK supermarket giant Tesco said Friday its chairman John Allan would step down next month following newspaper allegations over his conduct towards women.
Protests greet first Russian plane to land in Georgia in years
Dozens of Georgians protested Friday outside an airport in the capital Tbilisi as a Russian passenger plane landed in the Caucasus country for the first time since 2019. - 'Treason' - Russia had banned air travel with the country in response to anti-Moscow rallies in Tbilisi in 2019.
East DR Congo gold venture aims to stamp out illicit trade
In sweltering heat in a small building in eastern DR Congo, technicians cast molten gold into ingots as traders nearby haggle over the day's price for the precious metal. In the baking-hot building adjacent to Primera Gold's headquarters, a technician took a crucible of liquid gold from a furnace and poured it into a rectangular mould.
AFP
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