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Superjet technology nears reality after Australia test
A two-hour flight from Sydney to London is a step closer to reality after the latest successful test Wednesday of hypersonic technology in the Australian desert.
 
Traditional pastry maker Victor Kobo (維格餅家) on Wednesday revealed it has been undertaking plans to develop Southeast Asian markets, since it predicted a drop in tourists from mainland China due to political reasons last year.
 
Growth in the eurozone strengthened in the first quarter of 2016 but by slightly less than first estimated, the Eurostat statistics agency said on Friday.
 
Canberra and Washington will step up joint efforts to protect domestic steelmakers, Australian Prime Minister Malcolm Turnbull said Thursday, amid concerns about mainland China flooding the market with below-cost products.
 
Australian TV pioneer Reg Grundy dies
SYDNEY - Australian media mogul Reg Grundy, a game show pioneer who also developed television hits including Neighbours, Sons and Daughters and Prisoner, has died aged 92, it was announced Monday.
 
Takata recall could more than double in size
U.S. auto safety regulators are in talks with Takata Corp. to add tens of millions of air bag inflators to what already is the biggest auto recall in American history, three people briefed on the matter said Tuesday.
 
A rare violet diamond, the largest of its kind ever found at Australia's remote Argyle mine, will be the centerpiece of Rio Tinto's annual pink diamonds showcase, the company said Tuesday.
 
Australia's central bank cut interest rates by 25 basis points to a historic low of 1.75 percent on Tuesday following lower than expected inflation, sending the currency down.
 
Burundi economy battered by year-long crisis
A year into a political crisis which has claimed about 500 lives, driven a quarter of a million into exile and prompted Western donors to suspend government aid, Burundi's economy is on the ropes.
 
Citing national interest, the Australian government on Friday blocked a Chinese-led consortium from buying the nation's largest private land holding, a collection of Outback cattle ranches bigger than South Korea.
 
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