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Thyssenkrupp plans to cut total of 11,000 jobs in troubled…
Germany's largest steelmaker is proposing to cut 5,000 jobs from the workforce and outsource another 6,000 as it seeks to cut staff costs by around 10%
European tariffs on Chinese electric vehicles: All you need to…
EVs are the latest flash point in a broader trade dispute over Chinese government subsidies. The new levy concerns European car makers too. ADVERTI
‘Act prudently’: China slams EU Parliament over Taiwan resolution
Beijing has warned the European Parliament to "act prudently" on the issue of Taiwan, saying "it is a red line that must not be crossed." ADVERTISE
MEPs debate green tech cars as Chinese EVs challenge EU…
While ostensibly debating the challenge facing Europe’s car industry from more technologically advanced and cheaper Chinese competitors, MEPs spent s
Tariffs on Chinese EVs: EU’s trade dilemma persists
The EU is walking a delicate tightrope, with some member states keen to protect their markets, while others want to safeguard Chinese investment and to
EU approves steep tariffs on Chinese EVs, despite lack of…
Chinese producers of electric vehicles will soon face steep tariffs before selling their high-end goods in the EU market. ADVERTISEMENTEuropean Uni
European markets climb as China unveils economic stimulus package
European markets opened higher, buoyed by the People's Bank of China's (PBOC) recent suite of easing measures. Mining stocks are expected to gain from
European business confidence in China at all-time low, report says
Many European businesses believe the returns on investments in the world's second-largest economy are not worth the risks, because of issues including
Why are European carmakers struggling in the electric vehicle market?
European carmakers are struggling in the global electric vehicle market, with key brands like Stellantis, Mercedes and Volkswagen losing ground to comp
Europe’s luxury goods market braced as China demand stays slow
China reported weaker-than-expected consumer price growth for August, signalling continued sluggish domestic consumer demand. This could place further
China export curbs on semiconductor materials fuel chip shortage fears
These restrictions are speculated to be China’s response to the US export curbs on the sale of advanced semiconductor chips to Chinese companies such
EU to slap extra tariffs on Chinese electric cars
The European Commission's anti-subsidy inquiry into Chinese electric vehicles has been described as one of the most consequential of its kind. ADVE
