Month: September 2021

Pentagon, Chinese Military Officials Hold ‘Frank’ Talks, Weeks After AUKUS Pact

U.S. and Chinese military officials this week held “frank, in-depth” talks on a variety of defense issues, the Pentagon announced on Wednesday. The virtual meetings were held on Tuesday and Wednesday between Michael Chase, U.S. deputy assistant secretary of defense for China, and Chinese Maj. Gen. Huang Xueping, Department of Defense Spokesperson Lt. Col. Martin…


FAA Clears Virgin Galactic’s SpaceShipTwo to Fly Again After Investigation Into July Flight Mishap

The U.S. Federal Aviation Administration (FAA) has cleared Virgin Galactic’s SpaceShipTwo to fly again following an inquiry into a incident during its July spaceflight, the company announced Wednesday. The FAA announced in August that it was investigating the mishap in which a rocket ship carrying Virgin Group founder Richard Branson and five Virgin Galactic employees veered off course during its…


New Zealand Tightens Counter-Terrorism Law After ISIS-Inspired Terrorist Wounded 7 People

New Zealand has tightened its counter-terrorism laws after after an ISIS-inspired knife-wielding terrorist wounded seven people at a mall in Auckland last month. On Sept. 30, the country’s Parliament passed the Counter-Terrorism Legislation Bill with the support of Labour and National. It was opposed by Act, the Green Party, and the Māori Party. The bill, an amendment to the 2002 Terrorism…


Google Adds Visual Search Features in Shopping, Video Push

Google users can soon combine images and text in search queries, a feature unveiled on Wednesday that could help the Alphabet Inc unit expand its role in e-commerce and dominance in online video. The new feature will arrive within months through its Google Lens search tool, the company said in its livestreamed Search On conference….


Sydney Students Back to School One Week Earlier Than Planned

Students in New South Wales (NSW) will be allowed back in the classroom one week earlier than expected. The staggered return of students will begin on Oct. 18 with Kindergarten, Year 1, and Year 12 students. Year 2, 6, and 11 students return on Oct. 25 followed by the remaining year levels on Nov. 1….


Powell: ‘Tension’ Between Jobs, Inflation Is the Chief Challenge Facing Fed

Resolving “tension” between high inflation and still-elevated unemployment is the most urgent issue facing the Federal Reserve right now, Fed Chair Jerome Powell said Wednesday, acknowledging the central bank’s two goals are in potential conflict. “This is not the situation that we have faced for a very long time and it is one in which…


Manchin Says Democrats’ $3.5 Trillion Budget Bill Remains ‘Fiscal Insanity’ on Eve of Vote

Sen. Joe Manchin (D-W.Va.), on the eve of a voting deadline for the Democratic leadership’s $3.5 trillion spending bill, decried the measure as “fiscal insanity,” warning that it would not get his vote without further adjustments. “I cannot—and will not—support trillions in spending or an all-or-nothing approach that ignores the brutal fiscal reality our nation…


Boeing Wins Follow-On Contract Valued up to $23.8 Billion From U.S. Defense Department

Boeing Co said on Wednesday the U.S. Department of Defense had awarded it a follow-on contract valued at up to $23.8 billion to provide services to a fleet of C-17 Globemaster III transport aircraft over a 10-year period. Under the agreement, Boeing will continue to provide services including engineering, field support and material management for…


INEOS Automotive Plans 2022 Europe Launch for Off-Road Vehicle

LONDON—INEOS Automotive, a unit of chemicals and energy giant INEOS, will launch a rugged off-road vehicle in Europe in 2022 and North America in 2023 for farmers and other primarily rural uses, it said on Wednesday, The company plans initially to launch with a utilitarian version of the Grenadier for business customers – which should…


Australia’s CBA, ANZ Sued in New Zealand for Missed Loan Interest Refunds

Two of Australia’s “big four” banks are facing a multi-million dollar claim in New Zealand for not refunding more than 150,000 customers the interest and fee charged following an alleged breach in disclosing changes to loan agreements. The class-action lawsuit said Kiwi units of Commonwealth Bank of Australia and Australia and New Zealand Banking Group…