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Helicopter sales are being propelled higher as Chinese demand ramps up

“In the months that followed, Bell Helicopter, Airbus Helicopters and Leonardo Helicopters have all secured big orders in China” writes David Reid for cnbc.com. In June, Bell secured a bumper contract to sell 100 407GXP helicopters to Shaanxi Helicopter (SHC). This is more than we have received for the rest of the world,” Moulay said. Source: cnbc.com Share This:

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Grab raises $700 million in debt to grow ride-hailing service in Southeast Asia

“Grab, which said the debt funding was a record for a southeast Asian startup, said the facilities were secured from global and regional banks” reports venturebeat.com. (Reuters) — Singapore-headquartered Grab, the main Southeast Asian rival of Uber, said on Friday it had secured debt facilities of up to $700 million to help expand its car rental program.Grab, whose leasing program helps in growing its driver network, said it would have the largest car rental fleet in Southeast Asia by the fourth quarter of 2018. Source: venturebeat.com Share This:

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Sharapova wins first title since drugs ban as Federer beats Nadal

“In Shanghai, Federer delivered a masterclass to beat world No1 Nadal in one hour and 12 minutes for a 6-4, 6-3 that secured his sixth title of the year” writes Press Association for theguardian.com. Federer secured his early service hold with three aces and an unreturned serve before winning the opening set in 35 minutes. Source: theguardian.com Share This:

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Smartlands Platform Attracted Early-Bird Investors

“We believe that tokenization of agricultural assets is a great idea given the following” reports newsbtc.com. Innovative monitoring solutions for agriculture that will be introduced by the Platform provides for accountability and high level of transparency.Smartlands is designed to create a new class of low-risk future-proof tokens, secured by real, profitable assets in agriculture and establish an appropriate infrastructure for ICO of such tokens to protect investors from the major risks. Source: newsbtc.com Share This:

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Crypto News 

OCBC, MUFG, HSBC, IMDA complete tests of Know Your Customer blockchain

“Limited (SGX:O39), Mitsubishi UFJ Financial Group Inc (TYO:8306) and HSBC, in co-operation with the Infocomm Media Development Authority (IMDA) have completed a proof-of-concept for a Know Your Customer (KYC) blockchain” reports financefeeds.com. The manual process also gives rise to inconsistent information being collected by banks, and customer information not being promptly updated.Banks can also store secured digital records of the validation process on the shared KYC platform to streamline auditing and regulatory reporting.The present KYC procedure is often laborious and inefficient for both the bank and the customer. Source: financefeeds.com Share…

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Birmingham crime gang members banned from city centre under largest injunction ever secured

“Eighteen men from two notorious crime gangs have been banned from Birmingham city centre and associating with each other or participating in music videos that promote gang-related violence following a landmark court ruling” writes Martin Howe for telegraph.co.uk. The action was taken against the men – who are suspected of being involved in gun and drug crime – following around 20 firearms offences involving gangs in Birmingham during the summer of 2015 and start of 2016.West Midlands Police and Birmingham City Council secured full injunctions against the 18 men in what is believed to…

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PSA wins EU approval to buy GM’s German unit Opel

“BRUSSELS, July 5 (Reuters) – French carmaker PSA Group secured unconditional EU antitrust approval on Wednesday to acquire General Motors’ German unit Opel, a move which will help it better compete with market leader Volkswagen” writes Finanzen Net Gmbh for businessinsider.com. PSA, the maker of Peugeot and Citroen cars, has pledged to return Opel and its British Vauxhall brand to profit. Source: businessinsider.com Share This:

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Boeing outsells rivals at Paris Air Show

“Boeing Thursday said it had secured 571 new orders and commitments during the industry gathering that typically is a hotbed for plane deals” writes Robert Wall for marketwatch.com. LE BOURGET, France — Boeing Co. outsold rival Airbus SE at the Paris Air Show, with the world’s top two plane makers combining to secure $114 billion in deals.Airbus SE booked 144 firm orders at the Paris Air Show and secured deals for another 182 airliners, including commitments early Thursday from Iranian carriers that still require government approvals.Airbus said it secured deals…

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Airbus seals Paris Air Show deals worth $39.7 bln

“LE BOURGET, France–Airbus SE booked 144 firm orders at the Paris Air Show and secured deals for another 182 airliners, including commitments early Thursday from Iranian carriers that still require government approvals” reports marketwatch.com. The European plane maker said it had secured 144 firm orders and agreements for another 182 planes.The combined value of the deals is $39.7 billion at list price, although airlines typically get discounts.Airbus said it secured deals for 20 A320neo single-aisle planes and eight A330 widebodies from Zagros Airlines and another 45 single-aisle jets from Iran…

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