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, to lower energy costs and to 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,

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,

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Brussels has called on EU member states to help revive the bloc's sluggish economies, laying out a Competitiveness Compass with policies to boost growth. Can the plan make Europe fit for competing with China and the US?

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.

Mercedes-Benz Group AG is joining a Geely lawsuit against European Union tariffs on electric cars imported from China, adding to a flurry of legal cases targeting the duties.

Elon Musk's Tesla and German auto giant BMW have challenged EU import tariffs on China-made electric vehicles at the bloc's top court, the European Commission said Monday.

The European Union should encourage Chinese automakers to open more plants in the bloc as part of a deal to drop punitive tariffs on imported Chinese electric vehicles, the boss of Mercedes-Benz has said in a recent interview with the Financial Times.

Italy’s data protection authority is asking Chinese artificial intelligence startup DeepSeek for formal responses on how it handles Italians’ data when they use its AI chatbot

Government agencies and privacy watchdogs have started investigating the Chinese AI chatbot provider over data privacy concerns