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US wins first round against EU over Airbus subsidies

The World Trade Organisation (WTO) has ruled that subsidies given to Airbus, the aircraft manufacturer, by European governments, including the UK, were illegal.

Rail firms double prices to make up for peak fare cuts

Rail commuters face a record 143 per cent increase in the cost of travel as train companies sidestep government regulations aimed at keeping prices down

National Express shares soar as Cosmen bid is increased

SHARES in the parent company of troubled York-based rail operator National Express East Coast have soared on news of an improved takeover offer.

Saturday, 05 September 2009

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  • The big storiesDigging deeper The consortium bidding for National Express looked as though it might walk away last week after the rail and bus operator rejected a 450p-a-share bid...

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Washington Post

  • Trade win for Boeing _ rival Airbus got unfair aid WASHINGTON -- In a victory for Boeing Co., the World Trade Organization sided with the American aviation giant Friday in finding that European countries had provided billions in illegal subsidies to chief competitor Airbus.
  • European Governments' Aid to Airbus Ruled Illegal by WTO The World Trade Organization has ruled that billions of dollars in aid that European governments gave to aerospace giant Airbus constitutes illegal subsidies, sources familiar with the decision said, rendering a long-awaited legal victory for U.S. rival Boeing.

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