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APEC says 'concerned' over challanges to global trade
APEC says 'concerned' over challanges to global trade
Business and Economy
by  AFP

The Asia-Pacific Economic Cooperation group said Friday that it was "concerned" over the challenges to global trade, as ministers from APEC countries met in South Korea in the shadow of growing woes from US tariffs. "We are concerned with the fundamental challenges faced by the global trading system," trade ministers from the 21-member group said in a joint statement.

Nose cone glitch wipes Australian rocket launch
Nose cone glitch wipes Australian rocket launch
Business and Economy
by  AFP

An Australian aerospace firm said Friday it has scrubbed a historic attempt to send a locally developed rocket into orbit, citing a glitch in the nose cone protecting its payload -- a jar of Vegemite. If successful, it would be the first Australian-made rocket to be sent into orbit from Australian soil.