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GPS, watch out. Here comes China’s system

Covid-19 may have left roads around the globe barren of cars, but it hasn’t stopped China from claiming leadership over the world of navigation and digital mapping. Watch out, GPS. Big plans are in the making. China has launched the final leg of its BeiDou Navigation Satellite system, or BDS, completing the build-out of a network that competes with America’s ...

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Don’t make the Federal Reserve’s job harder!

Democrats in Congress have introduced legislation to extend the Federal Reserve’s mandate and require the central bank to address racial injustice. So long as Republicans have a Senate majority, the measure is unlikely to pass — but that arithmetic might change next year. Does it make sense to instruct the Fed to “exercise all duties and functions in a manner ...

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AirAsia officials suspended as pilot alleges safety lapses

Bloomberg India’s aviation regulator suspended two senior executives at the local affiliate of AirAsia Group Bhd after a pilot alleged there were safety lapses at the airline and subsequently was fired. AirAsia India’s head of operations, Manish Uppal, and head of safety, Mukesh Nema, were suspended for three months, Arun Kumar, chief of India’s Directorate General of Civil Aviation (DGCA), ...

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