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.

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.

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.

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.

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.

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.

The European Commission is planning to go much further than before in reducing red tape for businesses, as part of a sweeping policy proposal to revive the bloc’s economy.

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.

With Western sanctions cutting off supplies, China has become Russia’s sole source of critical minerals used in weapons production—including nuclear arms—deepening concerns over Beijing’s support for Moscow’s war effort.

Meanwhile, Beijing is positioning its courts to lower prices on patented technology. In its complaint to the WTO, the EU refers to a 2023 decision by a court in Chongqing which ruled against Nokia’s objections after it set the price Chinese cell phone-maker OPPO had to pay for its technology usage. Worldwide, mind you, not just in China.

Apple kicked off 2025 with a strong first quarter performance, reporting $124.3 billion in revenue, a 4% increase compared to the same period last year. The company's net income hit $36.3 billion, marking a 10% rise,