On the eve of the world's largest business jet show, deals began in earnest as planemakers polished plans for supersonic jets and unveiled new luxury aircraft featuring high-speed WiFi and hot showers at 40,000 feet. After years of sluggish sales, potential buyers at the National Business Aviation Association annual corporate jet show are looking closely at new aircraft models with longer ranges and technology for smoother rides, while weighing the advantage of recent U.S. tax deductions. Among big announcements so far, Embraer SA launched two new mid-sized jets and Textron Inc agreed a deal to sell up to 325 Cessna planes to Berkshire Hathaway Inc's luxury plane unit NetJets.
Money flies across tarmac as business jet show kicks off
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Chinese ambassador says dealing with Donald Trump is 'very confusing'
Foreign diplomats based in Washington find dealing with Donald Trump's inner circle "very confusing", the Chinese ambassador to the United States revealed yesterday (Sunday). Cui Tiankai said he had spoken with ambassadors to other nations who also share his concerns about the difficulty of working with top members of the administration. During an interview with US TV, he said it was often hard to know who was in charge of what. "Honestly, I’ve been talking to ambassadors of other countries in Washington, DC, and this is also part of their problem," said Ambassador Tiankai. "They don’t know who is the final decision-maker. Of course, presumably, the president will take the final decision, but who is playing what role? Sometimes it could be very confusing." His comments came as tensions over trade tariffs between the two super powers reach fever pitch and ahead of a likely meeting between Chinese President Xi Jinping and Mr Trump at the G20 summit in Buenos Aires, Argentina next month. The ambassador also described the presence of US warships in the South China Seas as being "on the offensive" after a destroyer almost collided with an aggressive Chinese military vessel earlier this month. He said: "Where the incident took place, you were right to say it was in South China Sea. So it’s at China’s doorstep. "It’s not Chinese warships that are going to the coast of California, or to the Gulf of Mexico. It’s so close to the Chinese islands and it’s so close to the Chinese coast. So who is on the offensive? Who is on the defensive? This is very clear." And on Mr Trump's accusations that China routinely steals the intellectual property of Americans, the high-ranking diplomat said: "I think all of these accusations about how China has developed are groundless and not fair to the Chinese people."
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A guide to Canada's legal cannabis
Canada on Wednesday will become the second country in the world to legalize recreational cannabis, five years after Uruguay. The legislation leaves it to the 13 provinces and territories to organize sales and distribution, and some are taking slightly different approaches. Households will also be allowed to grow up to four cannabis plants, except in Quebec and Manitoba, where this will be prohibited.
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Microsoft co-founder Paul Allen dies of cancer complications at 65
Allen left Microsoft in 1983, before the company became a corporate juggernaut, following a dispute with Gates, but his share of their original partnership allowed him to spend the rest of his life and billions of dollars on yachts, art, rock music, sports teams, brain research and real estate. Allen died from complications of non-Hodgkin's lymphoma, a type of cancer, the Allen family said in a statement. In early October, Allen had revealed he was being treated for the non-Hodgkin's lymphoma, which he also was treated for in 2009.