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Indonesian investigators to hold news conference on Lion Air crash

Indonesian investigators said on Thursday that information from the cockpit voice recorder of a Lion Air jet that crashed in October was leaked to the media and they would hold a news conference at 0830 GMT.


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Posted 2019/03/21 06:10:46

Exclusive: U.S. may soon pause preparations for delivering F-35s to Turkey

The United States could soon freeze preparations for delivering F-35 fighter jets to Turkey, officials told Reuters, in what would be the strongest signal yet by Washington that Ankara cannot have both the advanced aircraft and Russia's S-400 air defense system.


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Posted 2019/03/21 05:08:24

Boeing, FAA officials called to testify in U.S. Senate on 737 MAX plane crashes

Boeing Co faced growing pressure in Washington on Wednesday as U.S. lawmakers called for executives to testify about two crashed 737 MAX jets while the world's biggest planemaker worked on returning the grounded fleet to the skies.


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Posted 2019/03/21 04:02:19

New Zealand bans types of semi-automatic weapons used in mosque mass shooting

New Zealand will ban military-style semi-automatic and assault rifles under tough new gun laws following the killing of 50 people in the country's worst mass shooting, Prime Minister Jacinda Ardern said on Thursday.


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Posted 2019/03/21 03:45:25

Bullet-riddled New Zealand mosque to reopen for Friday prayers; more victims buried

The bullet-riddled Al Noor mosque in Christchurch was being repaired, painted and cleaned ahead of Friday prayers, as grieving families buried more victims of New Zealand's worst mass shooting.


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Posted 2019/03/21 03:42:48

Southwest pilots say extra training required after 737 MAX software update

Extra computer-based training will be required after a planned update to the software on the Boeing Co 737 MAX aircraft, Southwest Airlines Co's pilot union said on Wednesday, adding that it was seeking additional information for pilots.


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Posted 2019/03/21 03:36:07

Asian shares up on accommodative Fed; growth concerns linger

Shares in Asia rose on Thursday after the U.S. Federal Reserve took a more accommodative stance at its policy meeting, but concerns over U.S.-China trade talks and slowing global growth capped broad gains and pulled some markets lower.


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Posted 2019/03/21 03:20:45

In fresh blow to Canada PM Trudeau, lawmaker quits his caucus

In a fresh blow to the embattled government of Canadian Prime Minister Justin Trudeau, a legislator quit his ruling Liberal Party to sit as an independent on Wednesday after defending a former minister at the center of a political scandal.


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Posted 2019/03/21 03:06:59

Factbox: What we know about Boeing 737 MAX crash and what comes next

More than 300 Boeing 737 MAX 8 and MAX 9 passenger jets have been grounded worldwide after two fatal crashes in the past five months in Ethiopia and Indonesia killed nearly 350 people.


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Posted 2019/03/21 01:59:31

U.S. Senate panel to first grill FAA, then Boeing after fatal crashes

A U.S. Senate panel plans a hearing on March 27 on aviation safety after two fatal Boeing 737 MAX 8 aircraft crashes since October, and said it will also schedule a future hearing with Boeing and other manufacturers, officials said on Wednesday.


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Posted 2019/03/21 01:59:31

Harvard sued by descendant of U.S. slave photographed in 19th century

A descendant of an American slave on Wednesday sued Harvard University to gain possession of photos of her great-great-great grandfather that the school commissioned in 1850 on behalf of a professor trying to prove the inferiority of black people.


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Posted 2019/03/21 01:57:06

At IPO road show, Lyft executives look to lower insurance costs

Lyft Inc executives are focused on cutting insurance costs and will phase in self-driving vehicles on simple routes first, they said at a road show for investors ahead of the ride-hailing company's initial public offering set for next week.


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Posted 2019/03/21 01:05:48

Citigroup to sell Venezuelan gold in setback to President Maduro: sources

Citigroup Inc plans to sell several tons of gold placed as collateral by Venezuela's central bank on a $1.6 billion loan after the deadline for repurchasing them expired this month, sources said, a setback for President Nicolas Maduro's efforts to hold onto the country's fast-shrinking reserves.


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Posted 2019/03/21 00:37:31

U.S. farmers face devastation following Midwest floods

Midwestern farmers have been gambling they could ride out the U.S.-China trade war by storing their corn and soybeans anywhere they could - in bins, plastic tubes, in barns or even outside.


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Posted 2019/03/21 00:36:06

Closing time? Japan convenience stores pressed to end 24-7 model amid labor crunch

Japan's 24-hour convenience stores are struggling to stay open around the clock as an industry that has continually expanded now finds itself at the sharp end of a labor shortage.


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Posted 2019/03/21 00:29:54

Levi Strauss valued at $6.6 billion as IPO prices above target

Levi Strauss & Co fetched a higher price than expected in its initial public offering (IPO) on Wednesday, selling $623.3 million in shares as the U.S. jeans maker looks to return to the stock market after 34 years as a family-owned company.


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Posted 2019/03/21 00:29:15

U.S. fund Elliott battles the odds in latest showdown with Hyundai

The showdown between U.S. activist hedge fund Elliott Management and Hyundai Motor Group is set to come to a head on Friday when shareholders gather to vote on the fund's demands for a hefty special dividend and a board shake-up.


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Posted 2019/03/21 00:16:22

Brexit delayed? PM May requests three-month extension, EU pushes back

Prime Minister Theresa May asked for a three-month delay to Brexit on Wednesday to buy time to get her twice-rejected departure deal though parliament, but the request faced immediate resistance from the European Commission.


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Posted 2019/03/20 15:44:50

UK Labour Party: Use Brexit delay to let parliament find way forward

Britain should use the delay it is seeking to Brexit to allow parliament to find a way through the current impasse, the opposition Labour Party's Brexit spokesman Keir Starmer said on Wednesday.


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Posted 2019/03/20 15:43:59

FedEx outlook weighs on Wall St. ahead of Fed policy decision

U.S. stocks fell on Wednesday after economic bellwether FedEx Corp's downbeat profit outlook raised concerns about global growth, while investors waited for more clarity on the Federal Reserve's interest rate forecasts for the rest of the year.


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Posted 2019/03/20 15:40:38