WTO says EU has failed to stop illegal Airbus subsidies

The European Union has failed to remove its illegal subsidies for Airbus, the World Trade Organization said Tuesday, in a major victory for the United States and its national aviation giant, Boeing.

US to probe China's green-tech trade policies

US authorities on Friday announced a probe into allegations that China is handing out hundreds of billions of dollars in illegal subsidies in a bid to dominate the green-energy sector.