Deutsche Welle , The Franco-German aerospace giant EADS has hit a patch of turbulence. French shareholders are launching a class action suit.
Politicians like to portray Franco-German economic cooperation as some sort of marriage made in heaven, both anchor and driving force behind wider European integration, indeed the very cornerstone of Europe as an economic power.
But relations between Berlin and Paris appeared to have entered a distinctly rocky patch this week as nationalistic frictions resurfaced over the balance of power within EADS, huge losses were recorded and a class action suit was launched. Also, no progress was made in the long-running courtship of stock exchange operator Euronext by its German counterpart, Deutsche B
Taiwan detects 24 Chinese aircraft as Canadian ship transits waters
Taiwan said it detected 24 Chinese military aircraft near the island on Sunday as a Canadian warship passed through the...