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WTO distributes ruling in Airbus subsidies case

The World Trade Organisation on Friday issued a 1,000-plus page ruling on whether subsidies the EU gave to Airbus were illegal, although the findings will not officially be made public for months.

U.S. says European subsidies have harmed Boeing

The United States confirmed on Friday it has received a confidential World Trade Organization ruling in its multibillion-dollar complaint against European government support for Airbus .

Not so sunny: trade war looms in solar space

German solar firms Conergy and Solarworld have voiced strong concern about the pricing practices of Chinese panel makers -- who undercut their German peers' products by around 20 percent. Chinese modules sell in Europe at about 1.70 euros per watt, according to a UBS report.

Roubini: U-shaped recovery is possible

Nouriel Roubini, a leading economist who predicted the scale of global financial troubles, said a U-shaped recovery is possible, with leading economies undeperforming perhaps for 3 years.

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Germany tells GM it wants Opel decision next week

Germany raised the pressure on General Motors on Friday to choose a buyer for its Opel unit, with Economy Minister Karl-Theodor zu Guttenberg telling the U.S. carmaker he expected a

G20 to pledge stimulus until economic recovery certain

The G20 will promise this weekend to keep economic support packages in place until recovery is certain and seek to reassure financial markets they have credible plans to withdraw the stimulus when appropriate.

G20 to pledge stimulus until economic recovery assured

G20 policymakers will this weekend promise to keep economic support packages in place until recovery is certain and seek to reassure financial markets they have credible plans to withdraw the stimulus when appropriate.

Anger over GM's Opel handling escalates in Germany

Opel's senior labor leader threatened General Motors that the European carmaker's workforce would not pitch in to reduce some $1.2 billion in costs if Detroit retains control of Opel.

Europe's big 3 say crisis not over

The global economic crisis is not over and unemployment will keep rising in the months to come, the leaders of Britain, France and Germany warned on Thursday before a meeting of G20 policymakers in London this weekend.

Daimler, Porsche curb hours amid car slump

Carmakers Daimler AG (DAIGn.DE) and Porsche (PSHG_p.DE) plan short working hours at plants in Germany later this year, abandoning hopes that a year-long sales swoon could reverse quickly.

Global recession ending: OECD

The global recession is coming to an end faster than thought a few months ago and may already be over, but recovery will rely on massive government spending and low interest rates for some time, the OECD said on Thursday.

Germany's Merkel lacks centre-right majority: poll

Support for Chancellor Angela Merkel's conservatives has dipped to a three-month low of 34 percent in a new poll, a level which leaves them short of a parliamentary majority with their preferred coalition partners.

Global recession ending:OECD

ECB predicts very gradual recovery

The European Central Bank kept interest rates unchanged at a record low of 1.0 percent on Thursday and President Jean-Claude Trichet said the euro zone economy faced a very gradual recovery from recession.

Opel labor threatens further escalation with GM

Opel's senior labor leader threatened General Motors GM.UL that the European carmaker's workforce would not pitch in to reduce $1.2 billion in costs if Detroit retains control of Opel.

WTO panel may rule against Airbus in subsidy case: report

In a victory for Boeing , a preliminary World Trade Organization panel is likely to rule on Friday that European governments illegally subsidized Airbus aircraft, the Wall Street Journal said, citing trade officials, lawyers and executives from both sides.