WTO rules on Boeing subsidies

The World Trade Organisation said yesterday it had upheld the bulk of a ruling that Boeing received billions of dollars of subsidies to compete with Europe's Airbus as both sides once again claimed victory in a long-running trade row. The unfair subsidies included at least $2.6bn (£1.7bn) in assistance from space agency NASA, which the WTO’s appellate body agreed had allowed the US company to launch its modern 787 Dreamliner and caused “serious prejudice” to Airbus.