Monday, December 9, 2013
European air and defense company EADS, the parent company of Airbus, said Monday it is cutting 5,800 jobs over the next two years as part of a major overhaul to reduce costs and refocus on civil aviation.
Chinese-Brazilian satellite fails to enter orbit
A satellite jointly developed by China and Brazil failed to enter orbit after the rocket carrying it malfunctioned after launch on Monday, state media reported.
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