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,
If Europe was strong, it could hit back hard against any bullying from Donald Trump. Brussels and the United Kingdom would be able to match any tariffs on their goods with taxes on U.S. imports. They could add extra duties on carbon-intensive trade to punish the new U.
The European Commission set out a years-long plan to regain competitiveness in global industries, as European businesses face fierce competition from China and new challenges under U.S. President Donald Trump.
EU nations must work together quickly to help the bloc compete against global economic powerhouses like China and the U.S., European Commission President Ursula von der Leyen said.
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.
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 Solar Wind Magnetosphere Ionosphere Link Explorer (SMILE) is a joint mission between the European Space Agency (ESA) and the Chinese Academy of Sciences (CAS) which aims to study the interaction between the solar wind and Earth's magnetosphere. The mission aims to shed light on space weather processes and their effects on Earth.
In the global struggle to pay as little as possible for using protected technology, the European Union is suing China for valuing patents much lower than their current price. The EU wants to put a stop to this and last week started a case at the World Trade Organization,
EUROPEAN tech shares came under pressure on Monday, after Chinese tech startup DeepSeek’s low-cost artificial intelligence model sparked worries about returns in the AI business and the need for costly chips.
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.
The busy scene at Dapukou terminal of Ningbo Zhoushan Port, East China's Zhejiang Province File photo: Li Hao/GT The first container ship of the "China-Europe Express", the cargo ship KAWA Ningbo, operating the fastest direct route connecting Europe and China's Yangtze River Delta region,
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.