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Air France-KLM in $1 billion equity deals to expand alliances

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PARIS Air France-KLM on Thursday announced plans for over $1 billion (765.51 million pounds) of equity transactions with other airlines in what it described as a move to become the European pillar of an enhanced global network.

Iran claims successful rocket test, move likely to anger U.S.

DUBAI Iran has successfully tested a rocket that can deliver satellites into orbit, state television reported on Thursday, an event likely to raise tensions with the United States because of its potential use in a ballistic missile.

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Pratt & Whitney in hot seat as Airbus profits fall

PARIS Airbus turned up the heat on engine maker Pratt & Whitney over delays that have disrupted its biggest production line, after reporting a sharp drop in mid-year profits on Thursday.

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Russia ready to work with non-NATO states that border the Baltic - Putin

SAVONLINNA, Finland Russian President Vladimir Putin said on Thursday that Russia was ready to cooperate with neutral countries that bordered the Baltic Sea like Finland which is not part of the NATO military alliance.

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U.S. transfers surveillance planes to the Philippines

MANILA The United States on Thursday transferred to the Philippines two brand-new, single-engine surveillance planes, boosting the capability of its former colony to patrol sprawling maritime borders, including pirate-infested southern waters.

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Austrian chancellor calls for out-of-court settlement in dispute with Airbus

VIENNA Austrian Chancellor Christian Kern has called for an out-of-court resolution with Airbus in connection with a fraud probe over a $2 billion Eurofighter jet order placed more than a decade ago.

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Japan's defence minister expected to resign on Friday, media say

TOKYO Japan's embattled Defence Minister Tomomi Inada will resign on Friday over the suspected cover-up of information related to a U.N. peacekeeping mission and a former defence minister is already lined up to take her place, media said.

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Dassault says business jet market still weak

PARIS Dassault Aviation , the French maker of Falcon private jets and Rafale warplanes, said on Wednesday the business jet market remained weak, with high stocks of unsold aircraft hampering a tentative recovery in benchmark second-hand trading.

German military helicopter crashes in Mali, two peacekeepers killed

BAMAKO A German military helicopter assigned to the U.N. peacekeeping mission in Mali crashed in the West African nation's desert north on Wednesday, killing the two crew members, the German military said.

Germany says no indications Mali copter crash caused by attack

BERLIN There is no indication any outside forces were involved in the military helicopter crash in Mali in which two German peacekeepers were killed on a U.N. mission on Wednesday, a German military officer said.

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Boeing shares make biggest gain since 2009 on second-quarter profit

NEW YORK Boeing Co shares soared more than 8 percent to a record high on Wednesday after the world's biggest plane maker posted second-quarter profit and cash flow well ahead of Wall Street estimates and lifted its full-year forecasts, helped by aggressive cost cutting.

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House panel approves legislation to speed deployment of self-driving cars

WASHINGTON An influential U.S. House committee on Thursday approved a revised bipartisan bill on a 54-0 vote that would speed the deployment of self-driving cars without human controls and bar states from blocking autonomous vehicles.