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Airbus Group showed stellar performance in the first half of the year, raising net profits by half thanks to strong sales of airliners, it reported on Wednesday. The results coupled with a confirmed outlook for performance, pushed Airbus shares up sharply. The European aerospace group, which has changed its name from EADS, builds equipment for the defence and space industries, but most of its sales and profits come from making Airbus airliners. In common with its main rival, US group Boeing, it has taken huge orders for airliners in the last 18 months.
BEIJING (AP) — The investigation into China's former security chief Zhou Yongkang could pave the way for him to stand trial as the most senior politician ever prosecuted for graft. It's hard to predict how his case will be handled in the opaque, secretive world of Chinese politics, but here's how such prosecutions tend to play out, though not necessarily always in this sequence: