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The ''BYD Explorer No. 1'' car carrier, loaded with new energy vehicles, is setting sail from Yantai Port in Yantai, China, on January 10, 2024.
Tech
EU’s unwinnable price war with Chinese EVs summed up: BYD cars are 11-fold more profitable in Europe vs. China
By Ryan HoggApril 29, 2024
Thomas Ingenlath, CEO of Polestar, attends a press conference at the Polestar booth before the start of the International Motor Show.
Tech
Swedish-founded Tesla rival Polestar considers weaning itself off China as EU probe into BYD and owner Geely brings tariff threats
By Ryan HoggApril 24, 2024
Person holding a phone with TikTok's logo on the screen
Tech
EU warns it’ll suspend TikTok’s new Lite app for its ‘toxic and addictive’ watch-for-rewards feature that allegedly endangers kids
By Prarthana PrakashApril 23, 2024
resident of European Council Charles Michel, Enrico Letta and Nikos Christodoulides President of Cyprus speak to the media.
Politics
EU preps vast program of subsidies as it declares U.S. and China ‘no longer playing by the rules’
By Samuel Petrequin and The Associated PressApril 18, 2024
Satya Nadella, CEO of Microsoft
Tech
Microsoft’s $13 billion deal with OpenAI falls short of a takeover, EU competition regulator finds
By Samuel Stolton and BloombergApril 18, 2024
A Porsche 718 Cayman car is on display during the 19th Guangzhou International Automobile Exhibition (Auto Guangzhou 2021) at China Import and Export Fair Complex
Tech
Volkswagen and Porsche are killing old models described as ‘spying machines on four wheels’ ahead of new EU cybersecurity rules—offering another opportunity for Chinese rival BYD
By Ryan HoggApril 16, 2024
Workers unload citrus at a juicing company in Brits, North West Province, South Africa
Retail
South Africa, the world’s second-largest exporter of oranges, lemons, and grapefruits, looks to peel back EU citrus restrictions it deems ‘not justified, proportionate or appropriate’
By Antony Sguazzin, Paul Vecchiatto and BloombergApril 16, 2024
Sarah Cardell, chief executive officer of the Competition and Markets Authority (CMA)
Tech
U.K.’s antitrust watchdog sounds the alarm over Big Tech AI grip as it uncovers an ‘interconnected web’
By Tiffany Tsoi, Shona Ghosh and BloombergApril 12, 2024
Europe’s probe into Chinese wind turbines is a ‘protectionist act,’ Beijing says: ‘Reckless distortion of the definition of subsidies’
Tech
Europe’s probe into Chinese wind turbines is a ‘protectionist act,’ Beijing says: ‘Reckless distortion of the definition of subsidies’
By Ken Moritsugu and The Associated PressApril 11, 2024
a picture of
Environment
Europe’s antitrust watchdog probes China undercutting its $4 billion wind turbine market, saying: ‘We saw the playbook’ with solar power
By Prarthana PrakashApril 10, 2024
Greta Thunberg
Environment
Gen Z climate activists celebrate after Swiss boomers strike a blow for environmentalism in major European Court of Human Rights ruling
By Molly Quell, Raf Casert and The Associated PressApril 10, 2024
Freight wagons, loaded with newly manufactured Volkswagen AG and BMW AG automobiles, at a railway yard in Munich, Germany, on Friday, July 28, 2023. Germany exited its winter recession in the second quarter but output only stagnated, with questions about the fundamental health of Europe's largest economy remaining.
Tech
A German Rust Belt? As Chinese EVs like BYD swarm Europe’s key markets, historic examples of deindustrialization pose a warning to the continent’s carmakers
By Ryan HoggApril 10, 2024
person standing in a suit
Politics
As Germany faces the rise of right-wing AfD party advocating for ‘Dexit,’ Chancellor Olaf Scholz cautions against EU enlargement without reform
By Prarthana PrakashApril 8, 2024
Catherine De Bolle
Politics
EU pulls back the curtain on organized crime, with 821 networks numbering 25,000 strong poisoning the economy
By The Associated PressApril 5, 2024
Commission President Ursula von der Leyen
Environment
Protests, pandemics, and prices push Europe into reforming its Green Deal
By Ewa Krukowska and BloombergApril 5, 2024
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