China's private rocket manufacturers are racing to develop small rockets capable of sending satellites into space at affordable prices, as part of a broader Chinese dream of building commercial satellites that can offer services from high-speed internet for aircraft to tracking coal shipments.
Business & Financial News, U.S & International Breaking News
Exports, inventories seen boosting U.S. first-quarter growth
The U.S. economy likely maintained a moderate pace of growth in the first quarter, which could further dispel earlier fears of a recession even though activity was driven by temporary factors.
Dollar off two-year highs ahead of U.S. GDP, shares subdued
The dollar slipped from 23-month highs on Friday ahead of keenly awaited U.S. gross domestic product data for the first quarter, while global shares were on track for a fifth successive weekly gain despite subdued trade.
Trump says U.S. paid no money to North Korea over Warmbier
U.S. President Donald Trump on Friday said the United States did not pay any money to North Korea as it sought the release of Otto Warmbier, a day after a report said Trump had approved a $2 million bill from Pyongyang for the American student's care.
SAS pilots strike, travel plans of 170,000 passengers at risk
SAS pilots in Norway, Sweden and Denmark went on strike on Friday as wage talks broke down, threatening the travel plans of some 170,000 passengers over the weekend.
Admitted Russian agent Butina to be sentenced in U.S., faces deportation
Admitted Russian agent Maria Butina will be sentenced on Friday by a federal judge after pleading guilty in December to conspiring with a Russian official to infiltrate a gun rights group and influence U.S. conservative activists and Republicans.
Over 1,000 migrants break out of southern Mexico detention center
More than a thousand migrants broke out of a detention center in southern Mexico on Thursday evening, authorities said, in a fresh sign of how a surge in arrivals has stretched the country's resources to the limit.
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