• EU asks WTO to certify it has removed Airbus subsidies

      EU asks WTO to certify it has removed Airbus subsidies

      The European Union has asked the World Trade Organization to certify that it has complied with WTO rulings on its subsidies for planemaker Airbus, attempting to forestall billions of dollars of US sanctions, a document published by the WTO showed on Monday. The legal move is the latest step in a 14-year-old trade dispute between the EU and the United States over funding for Airbus and its US rival Boeing.

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    • BMW apologises for engine fires in South Korea

      BMW apologises for engine fires in South Korea

      BMW AG’s Korean unit apologised Monday over engine fires that prompted recalls and a probe, seeking to allay concerns amid pictures and videos of cars catching fire while being driven. BMW Korea Chairman Kim Hyo-joon said the German carmaker will fully cooperate with the transport ministry’s investigation and complete emergency safety inspections of its vehicles by next week.

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    • Ryanair braces for new round of strikes in Europe

      Ryanair braces for new round of strikes in Europe

      Ryanair’s Irish pilots are preparing to strike again on Friday at the start of a new wave of industrial action against the no-frills carrier in Europe. The strike is the fourth in Ireland for Europe’s second biggest airline, and will affect 20 out of 300 flights in and out of the country that day. In a statement on Wednesday, the Irish airline offered to meet the Irish pilots on Saturday or next week “so we can get down to the serious work of resolving this dispute”.

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