Putin admits Russian air defence forces responsible for downing Azerbaijani jetliner that killed 38 people

Putin admits Russian air defence forces responsible for downing Azerbaijani jetliner that killed 38 people

Putin admits Russian air defence forces responsible for downing Azerbaijani jetliner that killed 38 people Moscow: In a significant development, Vladimir Putin on Thursday admitted that the Russian air defences were responsible for downing an Azerbaijani jetliner last year that killed 38 people, news agency AP reported. Earlier, Putin had apologised to his Azerbaijani counterpart…

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China hits out at ‘malicious’ report that says it used US universities to boost military

China hits out at ‘malicious’ report that says it used US universities to boost military

China hit out on Thursday at a US congressional report that accused it of exploiting American higher education institutions for military research. Guo Jiakun, a spokesman for the ministry, told a regular press briefing that the House China committee had long attacked and smeared China for political purposes and had “no credibility whatsoever”. “Certain US…

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China’s Golden Week holiday spending falls in latest red flag for economy

(Oct 9): Chinese holidaymakers’ average spending dipped to a three-year-low over this year’s eight-day Golden Week holiday, dashing hopes that a domestic stock market rally would encourage cautious consumers to open their wallets. Weak consumption has weighed on the world’s second-largest economy this year as policymakers navigate pressure on multiple fronts ranging from US President…

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Analysis-Musk's record Tesla package will pay him tens of billions even if he misses most goals

Analysis-Musk’s record Tesla package will pay him tens of billions even if he misses most goals

By Chris Kirkham, Rachael Levy and Abhirup Roy LOS ANGELES (Reuters) -When Tesla (TSLA) directors offered Elon Musk the biggest executive pay package in corporate history in September, it reassured investors that he would have to achieve the equivalent of “Mars-shot milestones” to earn $878 billion in Tesla stock over 10 years. The board’s proposal…

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