The EU may have to choose between cutting off economic ties with China under pressure from the US or charting an independent course on China at the penalty of high tariffs from the US
In 2024, China again set a record for the launch of new wind and solar power plants. Europe, which is pushing the climate agenda more aggressively than all other regions of the world, is lagging behind China has quadrupled the rate of commissioning of new green energy capacities.
CHISINAU, Moldova (AP) — President Donald Trump’s abrupt freeze of U.S. foreign aid is sending shockwaves through Eastern Europe, leaving pro-democracy groups, independent media, civil society initiatives and local governments scrambling to make ends meet in a region often defined by rivalries between East and West.
The EU unveiled a much-anticipated blueprint to revamp Europe's economic model on Wednesday, marking a shift towards a more business-friendly Brussels after five years of heavy focus on green goals.With US President Donald Trump promising tariffs and a gargantuan AI push,
The European Commission presented on Wednesday its plans to reverse industrial decline in the bloc and step up efforts to compete with the United States and China in new fields such as AI, and to lower energy costs and cut red tape.
Europe's economy has a competitiveness and innovation problem, and this is how to fix it, according to EY's Europe and Africa boss Julie Teigland.
For a growing number of analysts and industry insiders, this is ground zero for Europe's "China shock" - even if the Asian giant does not appear on the bedsheets emblazoned with workers' demands.
The move comes as the head of the European Central Bank suggested that Americans disaffected with the Trump administration should come to Europe.
Donald Trump's rapid move to ban a "digital dollar" has left the field wide open, observers say, for China and Europe to make their already-advanced central bank digital currency (CBDC) prototypes into global standard-setters.
Volkswagen's CEO has spoken to the carmaker's Chinese joint venture partners about their interest in investing in Europe but was not aware of any concrete decisions on their part, a VW spokesperson said on Tuesday.
US President Donald Trump is planning to slap tariffs on goods from Canada and Mexico on Saturday. Now comes the guessing game of how they will affect the global stock market.Distilling the nuance from the noise of any announcement from Trump will be a challenge for investors,
President Donald Trump has threatened universal duties and said they'll raise money, but he is also using tariff threats as diplomatic leverage.