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.

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.