British engineering company Rolls-Royce downgraded this year's cash outflow forecast and warned of a challenging outlook as the slump in air travel continues.

Rolls-Royce expects to kick-off the formal sale process for its Spain-based unit ITP Aero, expected to be the largest asset sold as part of a 2 billion pound ($2.6 billion) disposal plan, in the first-half of next year.

The United States is poised to impose sanctions on Turkey over its purchase of S-400 missile defences from Russia, under U.S. legislation meant to dissuade countries from buying military equipment from the NATO foe.

Airbus, Safran and aerospace-focused fund Ace Aero Partenaires have submitted a non-binding offer for superalloys supplier Aubert & Duval (A&D), part of French mining company Eramet, French website Latribune.fr said on Friday.

SpaceX's Starship prototype exploded while attempting to land on Wednesday after an otherwise successful test launch from the company's rocket facility in Boca Chica, Texas, live video of the flight showed.

SpaceX's Mars rocket Starship exploded on return landing following a test flight on Wednesday.

Vice President Mike Pence on Wednesday announced 18 astronauts chosen for possible participation in planned NASA missions to return to the moon's surface during the final U.S. space policy meeting before he and President Donald Trump leave office next month.At a meeting of the White House's National Space Council at NASA's Kennedy Space Center in Florida, Pence unveiled the pool of nine women and nine men who could go to the moon under NASA's Artemis program, intended to put people back on the lunar surface for the first time since the 1970s.

The U.S. Trade Representative's office said on Wednesday it welcomed a decision by Britain not to continue in January tariffs imposed by the European Union in an aircraft subsidies case, saying it shares Britain's objective of resolving the dispute through negotiations.

Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.

Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.