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Airline bankruptcies surge, leaving rivals vying for planes

PARIS Airline bankruptcies have increased this year at the fastest ever rate, led by the collapse of India's Jet Airways , British travel group Thomas Cook and Avianca of Brazil, according to industry data published on Friday.

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Ryanair can bide its time for better plane deals, says O'Leary

LONDON Ryanair can wait out price rises sought by planemakers since the global grounding of the Boeing 737 MAX, the Irish airline's boss said on Tuesday. | Video

Ryanair to ask Boeing to 'eat' any EU tariffs in jet trade war

LONDON The head of Ireland's Ryanair on Tuesday urged the United States and European Union to pull back from a tariff war over aircraft subsidies and said he would ask Boeing to "eat" any counter-tariffs imposed on the U.S. firm by the EU.

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Ryanair CEO says UK will agree a Brexit deal once 'craziness' passes

LONDON Britain has no choice but to agree an orderly exit from the European Union because the disruption of a hard Brexit would be too damaging to the British economy and to peace in Ireland, Ryanair's chief executive Michael O'Leary said on Tuesday.

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Ryanair boss slams UK aviation regulator after Thomas Cook collapse

LONDON Ryanair boss Michael O'Leary slammed Britain's aviation regulator on Tuesday, saying its soft licensing rules contributed to the chaos around Thomas Cook's bankruptcy.

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U.S. should side with Hong Kong protesters, says ex-Pentagon chief Mattis

NEW YORK Former U.S. Defense Secretary Jim Mattis said on Monday anti-government protests in Hong Kong were "not an internal" Chinese matter and that the United States should offer at least moral support to the demonstrators.

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Factbox: Die-hard eurosceptic or opportunist? Boris Johnson's views on the EU

LONDON Boris Johnson, elected leader of Britain's governing Conservative Party on Tuesday and who will take over as prime minister on Wednesday, was the face of the official campaign to leave the European Union.

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Deputy Governor Amamiya says Bank of Japan ready to act, all options on table

TOKYO Bank of Japan Deputy Governor Masayoshi Amamiya said the central bank is ready to ramp up stimulus and will consider all policy options, including deepening negative interest rates, if the loss of economic momentum hurts its efforts to boost inflation.

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Digital currency operators must comply with rules: Bank of Japan's Amamiya

TOKYO Digital platform operators such as Facebook, planning to launch a new global cryptocurrency called Libra, must comply with regulations on money laundering and risk management, Bank of Japan Deputy Governor Masayoshi Amamiya said on Friday.

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Factbox: Die-hard eurosceptic or opportunist? Boris Johnson's views on the EU

LONDON Boris Johnson, the front-runner to be Britain's next prime minister, was the face of the official campaign to leave the European Union. But he has made contradictory statements in the past about the relationship he wants Britain to have with the world's largest trading bloc.

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Factbox: Die-hard eurosceptic or opportunist? Boris Johnson's views on the EU

LONDON Boris Johnson, the front-runner to be Britain's next prime minister, was the face of the official campaign to leave the European Union. But he has made contradictory statements in the past about the relationship he wants Britain to have with the world's largest trading bloc.

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Retired Admiral McRaven has no regrets over criticizing Trump

NEW YORK Retired Navy Admiral and former U.S. special operations chief William McRaven has no regrets about criticizing President Donald Trump, though he said on Wednesday that friends in the military faulted him for disparaging the commander-in-chief. | Video

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Uber, ahead of IPO, sees some time before self-driving cars dominate the road

NEW YORK Uber Technologies Inc expects it will be a long time before one of its biggest investments, self-driving cars, is ready for wide-scale deployment, a senior scientist said on Monday, as the ride-sharing firm gears up to go public. | Video

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Japan's top MOF official says low long-term rates hurting banks

TOKYO Japan's top finance ministry bureaucrat said on Friday that domestic financial institutions were facing severe strain as long-term interest rates remained low due to the Bank of Japan's massive monetary stimulus.

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Former UK PM Blair says the disappearance of Saudi journalist is extremely troubling

LONDON Former British Prime Minister Tony Blair said on Thursday that the disappearance of journalist Jamal Khashoggi was extremely troubling and went against the spirit of the reforms advocated by Saudi Crown Prince Mohammed bin Salman.

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UK watchdog warns financial firms over Big Data

LONDON Britain's banks and insurers must take the lead in spelling out how they will use data collected from customers or they could face new rules, Financial Conduct Authority Chair Charles Randell said on Wednesday.

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UK watchdog sees no appetite from banks to rip up rules after Brexit

LONDON Britain's banks and insurers do not want their rulebooks dismantled after Brexit and the ability to ease regulation will depend on the country's future trade deal with Europe, Financial Conduct Authority Chair Charles Randell said on Wednesday.

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HPE could mitigate impact of future U.S. tariffs, CEO says

SAN FRANCISCO Hewlett Packard Enterprise Co can boost manufacturing at its facility in Wisconsin if trade tensions with China escalate, Chief Executive Antonio Neri said on Monday.

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Google's Hinton says AI poses new challenges to regulators

TORONTO Expansion of artificial intelligence in financial services, healthcare, transportation and other fields poses new challenges to governments charged with regulating those industries, according to an executive with Google who is a pioneer in the field of machine learning. | Video

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Mark Cuban says tax rates have almost no impact on investment

NEW YORK Billionaire entrepreneur and potential presidential candidate Mark Cuban said on Wednesday that a cut in the U.S. corporate tax rate would have little to no effect on his investment decisions. | Video