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China Is Delaying Approvals of Airbus Deliveries

For the past several months, the Civil Aviation Administration of China has delayed the final approval that allows Airbus jets to enter the country and be put into service, according to people familiar with the matter. The move signals impatience with how long European regulators are taking to certify Chinese-made aircraft. Bloomberg's Danny Lee reports.

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US Steel Costs Impacted by War, Trade Deals

Sam McKinney, KeyBanc Capital Markets vice president and equity research analyst, said that while US steel mills have mostly hedged rising electricity costs with long term contracts, they are impacted by increasing diesel prices to ship steel by truck and rail route. On the other side of the coin, steel hasn't seen a drop in value in in the face of the war, as investors look to steel stocks to hedge against inflation.

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