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.

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 Chinese AI model will have to provide information on the processing of EU data after politicians, NGOs and researchers expressed concerns about the safety of Europeans. View on euronews

The EU, the U.S. and Japan already teamed up in Trump’s first term to counter the competitive threat posed by China.

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Tesla, owned by Elon Musk, is taking the European Union (EU) to court over its tariffs on electric vehicles imported from China. Filed last Wednesday with the European Court of Justice (ECJ) by Tesla’s Shanghai division, the lawsuit comes in the wake of similar legal moves by BMW and other Chinese car manufacturers.

The European Union will resume its World Trade Organization case against China over the alleged economic coercion of Lithuania. The bloc's executive arm, the European Commission, said on Friday it had requested a resumption at the Geneva trade courts,

French ministers are calling for the European Commission to immediately suspend standards for car emissions on the grounds that the regulation benefits Chinese manufacturers and Tesla Inc.

German Chancellor Olaf Scholz on Tuesday divulged that the commission was considering an EU subsidy programme that he had proposed. The German government scrapped its own scheme abruptly in 2023, leading to a plunge in EV sales.

Even though Colombia folded instantly, this humiliation revealed a brutally clear message: Trump's America will wield economic power like a sledgehammer to get what it wants. No o

WASHINGTON: Companies, consumers and farmers across North America braced on Friday (Jan 31) for US President Donald Trump to impose 25 per cent tariffs on Canadian and Mexican imports within hours, moves that could disrupt nearly US$1.