EU paid Airbus billions in illegal subsidies, WTO rules

EU paid Airbus billions in illegal subsidies, WTO rules

Image copyright Getty Images Image caption Airbus’ A380 was unfairly subsidised, WTO says The World Trade Organisation (WTO) has ruled that the European Union (EU) failed to comply with requests to end subsidies for Airbus. The US Trade Representative (USTR)...
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New Look reviews clothing prices amid ‘fat tax’ row

New Look reviews clothing prices amid ‘fat tax’ row

Image caption The larger size (left), in the Curves range, costs £22.99, while the very similar pair in the standard range cost £19.99 Fashion chain New Look is reviewing its prices after an outcry that some larger-sized clothes were more...
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Job market brightens up: Over 300,000 workers to be employed in solar, wind energy sectors in India, says ILO

Job market brightens up: Over 300,000 workers to be employed in solar, wind energy sectors in India, says ILO

United Nations: Over 300,000 workers will be employed in the solar and wind energy sectors in India to meet the country’s target of generating 175 gigawatts of electricity from renewable sources by 2022, the International Labour Organisation (ILO) has es...
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Trade facilitation pact in services at WTO to push global economy: Suresh Prabhu

Trade facilitation pact in services at WTO to push global economy: Suresh Prabhu

Commerce and Industry Minister Suresh Prabhu today pitched for inclusion of the trade facilitation pact on services in the World Trade Organisation (WTO) saying it would help promote growth of the global economy. “We are working on trade facilitation in...
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Over 300,000 workers to be employed in solar, wind energy sectors in India: Report

Over 300,000 workers to be employed in solar, wind energy sectors in India: Report

Over 300,000 workers will be employed in the solar and wind energy sectors in India to meet the country’s target of generating 175 gigawatts of electricity from renewable sources by 2022, the International Labour Organisation (ILO) has estimated in a...
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Tesla’s Elon Musk overhauls management

Tesla’s Elon Musk overhauls management

Image copyright Getty Images Tesla’s Elon Musk has announced a “thorough reorganization” amid concerns about the electric carmaker’s production output and mounting losses. In an email to staff, the chief executive said Tesla was “...
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US ruling opens way for states-wide sports betting

US ruling opens way for states-wide sports betting

Image copyright Getty Images The US Supreme Court has made a landmark ruling that could allow states across the country to legalise sports betting. It has endorsed a 2014 state ruling in New Jersey which permits sports betting in casinos...
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Bad loans mess: Public sector banks’ NPAs soar 1.5 times to Rs 6.89 lakh crore over two years

Bad loans mess: Public sector banks’ NPAs soar 1.5 times to Rs 6.89 lakh crore over two years

By Bhasker Tripathi New Delhi:  Indian public sector banks’ (PSB) bad loans soared 1.5 times, from Rs 2.67 lakh crore ($39.99 billion) on 31 March, 2015, to Rs 6.89 lakh crore ($103.21 billion) – an amount that could electrify half...
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Modi government on track to deliver promises, feel 56% respondents: Survey

Modi government on track to deliver promises, feel 56% respondents: Survey

According to a survey conducted by community social media platform LocalCircles, 56 percent people believe that Modi government has done well over the past four years in power, TOI reported. 75 percent of the respondents who took part in the...
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Jim Ratcliffe: Turning cast-offs into gold

Jim Ratcliffe: Turning cast-offs into gold

Image copyright Getty Images Jim Ratcliffe may once have been called Dr No by trade unions for his tough negotiating stance, but the UK’s richest man is a champion of the unloved. Through buying up and turning around the cast-off...
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