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 European Union (EU) has once again suspended its case against China at the World Trade Organization (WTO) over allegations of economic coercion against Lithuania, as per a recent filing on the WTO's website.

The European Commission will publish its Competitiveness Compass today in an attempt to secure the future EU economy. #RadioSchuman

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

DBEU offers a competitive expense ratio and currency hedge, outperforming non-hedged peers. Read why China's recovery would positively influence DBEU price.

BMW said in a statement that EU duties on battery electric vehicles “harm business models of globally active companies.”

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.

Three new routes connecting China’s Xinjiang province to major U.K. airports have opened up since last summer.

The most striking slowdown was seen in Europe: green investment slid by 6.5 per cent in the EU, and 12 per cent in the UK. A major part of the problem was renewable energy investment, which fell by 10 per cent in the EU and an ugly 68 per cent in the UK, according to BloombergNEF.