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Corporate results in the industrial and materials sectors could offer a snapshot of how companies in a key swath of the U.S. economy are dealing with surging inflation, supply chain bottlenecks and higher commodity prices.

Britain's defence minister called on China on Thursday to find a peaceful way to settle its dispute with Taiwan, warning that Chinese incursions into the Taiwanese air defence zone were dangerous and could spark conflict.

Private jet demand has boomed during the pandemic as the wealthy took control of their travel, yet the flight to luxury could have limited runway as some buyers spend beyond their means and the sector presents a prime target for climate critics.

The U.S. Navy and Army tested hypersonic weapon component prototypes on Wednesday that will inform development of new weapons, the Pentagon said, calling the three tests successful.

Brazilian planemaker Embraer delivered 30 jets in the third quarter, up 7.1% from a year earlier but down 11.7% from the previous quarter, it said on Thursday, adding the deliveries comprised nine commercial planes and 21 executive jets.

The Pentagon's hypersonic weapon programs suffered a setback on Thursday when a booster rocket carrying a hypersonic weapon failed, people briefed on the test result said.

Russia scrambled two Sukhoi Su-30 fighter jets to escort a pair of U.S. B-1B strategic bombers over the Black Sea, Russia's defence ministry said on Wednesday, an incident that coincided with a visit to the region by the U.S. secretary of defense.

The odds of war with China in the next year are "very low," a top Taiwanese security official told lawmakers on Wednesday, amid heightened tensions between Taipei and Beijing, which claims sovereignty over the island.

South Korea should redouble its efforts to become a global defence industry leader, President Moon Jae-in told a military expo in the outskirts of Seoul on Wednesday, after landing at the site in an air force fighter jet.

The head of the Federal Aviation Administration will tell U.S. lawmakers on Thursday that the agency is taking a new stance in overseeing the safety efforts of airplane manufacturers like Boeing Co .