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Rival warplane projects underline Europe’s divisions

FARNBOROUGH, England: Britain’s showy launch of a new fighter jet project at this week’s Farnborough Airshow has laid bare political tensions that are threatening to tear Europe apart and deepened scepticism about the future of European defense cooperation. The new UK program - launched with 2 billion pounds ($2.6 billion) of seed money just nine months before Britain leaves the European Union - rivals a Franco-German project begun over a year ago that has yet to be funded. France had hoped to work with Britain on the…

Uber’s Chinese rival Didi Chuxing to enter Mexico next year: sources

MEXICO CITY/SAN FRANCISCO: Didi Chuxing, China’s ride-hailing behemoth, plans to expand into Mexico next year, intensifying its global rivalry with Uber, according to two sources familiar with the plans. Didi has spoken before of global ambitions, but has not formally announced where or when it would expand. The Chinese company is the second-most highly valued, venture-backed private firm in the world, after Uber. Didi has no cars outside China, meaning Mexico could be its first international operation. Didi, whose…