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US reopens Montana airspace over ‘radar anomaly’ concern

Bloomberg The US reopened airspace over Montana after temporarily ordering a closure to investigate a “radar anomaly,” hours after a third object was shot down in North America this month. The North American Aerospace Defense Command, a joint US-Canada military command responsible for aerospace and maritime warning, said it detected the anomaly and sent fighter aircraft to investigate. The aircraft ...

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Heathrow staff plans to ballot for strikes

  Bloomberg Heathrow Airport’s security, engineering and firefighting staff represented by the Unite Union will next week begin balloting for strikes, adding pressure to UK’s transport network which has been hit by a wave of industrial action. More than 3,000 members of UK’s Unite Union will start voting on February 17, with the ballot closing on March 17. These workers ...

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Rising India rates to upset PM Modi’s math on small savings

Bloomberg India proposed a lower-than-expected market borrowing program, as part of a plan that sought to bridge its budget deficit by boosting reliance on the nation’s small savings pool. The decision triggered the biggest drop in the benchmark 10-year bond yields in over two months. Bonds have since pared their gains, with the budget math increasingly looking daunting as commercial ...

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