The French government is seeking to limit any financial hit to the company that signed a now-cancelled submarine deal with Australia. Hundreds of jobs could be at risk. Also in today's show. IMF chie…
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Australia will refurbish its ageing Collins-class submarine fleet, The Australian newspaper reported on Friday, as doubts over Canberra's A$50 billion ($38.8 billion) deal for 12 new submarines built by French shipbuilder Naval Group grow.