Epic Airbus-Boeing fight signals long U.S.-China trade spat ahead
By Bloomberg
05 October 2018 |
5:30 am
For the better part of two decades, the U.S. and EU have battled at the World Trade Organization over aircraft makers Boeing Co. and Airbus SE. Now as America and China engage in a volley of tariffs, the inability of the U.S. and EU to resolve their dispute offers a key lesson for the burgeoning trade war:.
Related
10 Feb 2022
We take a look at the business of this year's Winter Olympics. A report suggests the true cost is 10 times more than the official $3.9 billion price tag, but Beijing is banking on other benefits. Also, Amazon reports another strong sales quarter, with its advertising business playing an increasingly significant role.
20 Feb 2022
After massive loses in 2019 and 2020, European aircraft giant Airbus has shifted towards "recovery and growth" and made more money than expected last year. The company now aims to ramp up production.
27 Mar 2022
24 Mar 2022
French car giant Renault announced Wednesday it was immediately suspending operations at its Moscow factory after Kyiv called for a boycott of the company for remaining in Russia.
11 Apr 2022
The coronavirus pandemic forced many companies to halt business travel almost overnight. The economic consequences for airlines and hotels have been dramatic, leaving many to wonder if corporate travel will bounce back.
30 Apr 2022
The former US president has been fined $10,000 per day until he complies with a New York court order to turn over documents as part of an investigation into his business practices.
4 May 2022
Qantas Airways will fly non-stop from Sydney to London after ordering a dozen special Airbus jets, charging higher fares in a multi-billion dollar bet that flyers will pay a premium to save four hours on the popular route.
7 May 2022
More European businesses in China are looking to shift their investments due to the country's strict coronavirus lockdowns, according to the European Chamber of Commerce.
22 Jun 2022
Several cities in the country were thrown into darkness on Sunday, June 12 2022, following the collapse of the national grid for the sixth time in 2022. Here is how multiple national grid collapse is paralysing business activities in Nigeria.
27 Jul 2022
German businesses have been losing confidence in the current economic climate as growth prospects worsen. The ifo Institute that published the survey pointed to high energy prices.
8 Oct 2022
Ports in Africa lose vast sums of money because of corrupt port officials, inefficiencies, and poor infrastructure, among others. Corruption has affected economic growth and slowed the clearance and forwarding of goods.
15 Oct 2022
Flight AF447 plunged into the Atlantic Ocean 13 years ago, killing all 228 people on board. Airbus and Air France are accused of involuntary manslaughter and could face fines of up to $220,000 each.
Latest
1 hour ago
The French-speaking province has become the latest wildfires hotspot in the country. Smoke from the fires has traveled as far away as New York, significantly hindering visibility and prompting air quality alerts.
1 hour ago
The European Commission hopes that pushing ahead long-brewing trade deals with Latin American governments can boost the EU.
2 hours ago
Feminists and human rights activists in Lebanon are speaking out against attempts to impose increasing restrictions on their lives in the name of "conservative values". This follows an attack on a woman at a beach in the southern city of Sidon, when an Islamic cleric and his followers told Mayssa Hanouni she didn't have the right to wear a bathing suit there before getting violent.
2 hours ago
EU interior ministers are set to debate plans for stricter asylum rules. Will Germany throw a spanner in the works?
3 hours ago
We look at reactions and videos after the devastating Kakhovka dam collapse that marks a new turning point in the war in Ukraine. The world of golf is rocked by a merger between rival Saudi-backed LIV and PGA leagues which is heavily criticised by the Western press. And: scientists have unearthed evolutionary links to human masturbation!
3 hours ago
Infrequent periods and unexplained weight gain? It could be polycystic ovary syndrome (PCOS) — the most common hormonal disorder in women of childbearing age. Despite its high prevalence, many have never heard of it.