Aerospace & Defence
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PERTH, Australia - Australia vowed on Wednesday to keep searching for a missing Malaysian plane despite no sign of wreckage after almost seven weeks, and as bad weather again grounded aircraft and an undersea drone neared the end of its first full mission.
HONG KONG/BEIJING - When Chinese naval supply vessel Qiandaohu entered Australia's Albany Port this month to replenish Chinese warships helping search for a missing Malaysian airliner, it highlighted a strategic headache for Beijing - its lack of offshore bases and friendly ports to call on.
KIEV - A Ukrainian military aircraft was hit by gunfire on Tuesday while on a reconnaissance flight over the eastern city of Slaviansk, which is in the hands of armed pro-Russian separatists, the Defence Ministry said.
FRANKFURT - German airline Lufthansa dismissed the risk of it coming under undue foreign influence despite the percentage of non-Germans owning its shares rising to more than 40 percent, a move that could trigger a defensive buyback of its shares.
- United Technologies Corp reported a higher-than-expected quarterly profit on Tuesday, helped by revenue growth across its aerospace and commercial building segments and strong sales in China.
QINGDAO, China - Countries embroiled in territorial rows in the East and South China Seas agreed on Tuesday to abide by a maritime communications deal to try to ensure accidental naval altercations do not develop into a conflict.
PERTH, Australia - A U.S. submarine drone will keep scouring the Indian Ocean floor for traces of a missing Malaysian jetliner after it finishes its current targeted search, Australian authorities told Reuters as a tropical cyclone suspended the air search.
FRANKFURT - Lufthansa's IT infrastructure business, which the airline is trying to sell, is drawing interest from IBM, Hewlett-Packard and France's Atos, German paper Frankfurter Allgemeine Zeitung (FAZ) reported, without citing any sources.
PERTH, Australia - A tropical cyclone was threatening to hamper the search for a missing Malaysian jetliner in a remote stretch of the Indian Ocean on Monday, as a submarine drone neared the end of its mission scouring the sea bed with still no sign of wreckage. | Video
KUALA LUMPUR - A Malaysia Airlines plane with 166 people on board turned back and landed safely at Kuala Lumpur airport early on Monday because one of the tyres on its main landing gear burst during takeoff, the airline said.