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CNBC's Phil LeBeau, and James McNerney, Boeing chairman, president & CEO, discuss the fierce competition between Boeing and Airbus for orders at the Paris Air Show, as industry leaders make billion dollar bets on the next best aircraft.
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LONDON, June 20- The euro zone's private sector slump has eased more than expected this month, business surveys showed on Thursday, but a continued slide in new orders suggested a full recovery is still some way off. The data will come as good news for the European Central Bank as the decline eased across the 17- nation bloc.
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*Spain, France to hold "difficult" debt sales. Fed Chairman Ben Bernanke said the U.S. economy was growing fast enough to allow the central bank to trim its $85 billion monthly stimulus, with the goal of ending it in mid-2014.
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PARIS, June 20- European planemaker Airbus sought to finalise a flurry of orders on Thursday to avoid a rare defeat to U.S. arch-rival Boeing at its domestic Paris Airshow. As of Wednesday, Airbus lagged its competitor with 211 firm orders against 265 for Boeing.
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Euro zone finance ministers will decide on Thursday when and how their bailout fund can invest in a bank to save it from failure, laying a cornerstone of the banking union seen as vital to restore economic growth.
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PARIS, June 20- Financial spreadbetters expect Europe's main stock indexes to drop on Thursday, tracking losses on Wall Street after U.S. Federal Reserve Chairman Ben Bernanke confirmed the Fed would begin winding down its stimulus spending later this year.
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Marion Blakey, former administrator of the Federal Aviation Administration, and AIA's chief executive, said she was heartened by the poll, conducted by the Christian Science Monitor newspaper, but her industry needed to do a better job dispelling misperceptions about drones.
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GRAND RAPIDS, Mich.-- Steelcase Inc.' s fiscal first-quarter net income was unchanged as the office furniture maker's revenue slipped and operating expenses rose. Still, order growth in the Americas, the biggest region by revenue, was better than anticipated, said Steelcase CEO James Hackett in a statement.
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BERLIN- President Barack Obama defended U.S. anti-terrorism tactics on a visit to Berlin on Wednesday, telling wary Germans Washington was not spying on the emails of ordinary citizens and promising to step up efforts to close the Guantanamo Bay prison.
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*First direct search for life since NASA's 1970 s Viking probes. Until last year, the ExoMars program was a joint project between ESA and the U.S. space agency NASA. But NASA dropped out, citing budget problems.
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*Washington fears for key EU support in isolating Iran. *Iran hard hit by sanctions but finds way to elude them.
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The other 99 percent of this year's output will be up for tasting and sale at VinExpo, the industry's global trade show in Bordeaux that runs through Thursday. But at least some of that top 1 percent, the classified growths of prized Bordeaux, have already been sampled, rated and priced.
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PARIS, June 19- European shares ended slightly lower on Wednesday in thin trading volumes, as investors awaited clues from the U.S. Investors avoided increasing their exposure to equities ahead of the Federal Open Market Committee's policy decision, and Fed Chairman Ben Bernanke's press conference, both due after European markets' closing bell.
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CFM International, a joint venture of General Electric and Safran, added $13.06 billion in orders, bringing its total for the show so far to $15 billion. CFM orders also included 350 CFM56-7B engines for Irish low-cost airline Ryanair valued at $3.7 billion.
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*Washington fears for key EU support in isolating Iran. *Iran hard hit by sanctions but finds way to elude them.
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BERNE, June 19- Swiss lawmakers dealt a death blow on Wednesday to a draft law which aimed to protect the country's banks from criminal charges in the United States for helping wealthy Americans evade tax. With or without the law, they will still seek out of court settlements with U.S. authorities that could cost the industry as much as $10 billion.
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PARIS, June 19- From their roots in spying and stealth military attacks, unmanned planes are spreading into the civilian sphere and could soon be put to work in tasks as diverse as inspecting oil pipelines, catching rhino poachers and even flying travellers.
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Fed Chairman Ben Bernanke, in an effort to keep the bond yields from spiking, will likely emphasize the difference between tapering and tightening when it comes to monetary policy ( USA- FED/, moved, by Alister Bull, 760 words). -USA- FED/POLL, expect by 2100 GMT/ 5 PM ET.
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PARIS, June 19- Qatar is likely to launch an international tender to renew its fleet of ageing fighter jets soon and is interested in France's Rafale, a French official said, while sources said it was also looking at the BAE Systems- backed Eurofighter Typhoon. Qatar said in 2011 it wanted to replace its fleet of 12 Mirage fighter jets, possibly buying 24 to 36 units.
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*Committee votes 16 to 9 against debating U.S. deal. BERNE, June 19- A Swiss parliamentary committee has again urged the lower house to reject a draft law aimed at protecting the country's banks from criminal charges in the United States for helping wealthy Americans to evade tax.
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PARIS, June 19- Following is a summary of commercial plane orders announced by Airbus and Boeing at or during the main trade days of the June 17-23 Paris Airshow. Boeing 369 $54.9 bln 32 $9.2 bln. Air France-KLM 25 A350-900 $7.2 bln.
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