China agrees to 'halve' hybrid car exports to EU in landmark deal
Brussels says Beijing's shipments could fall by more than half over four years, cutting millions of vehicles amid fears for European jobs. The EU said it has r…


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Brussels says Beijing's shipments could fall by more than half over four years, cutting millions of vehicles amid fears for European jobs. The EU said it has r…

The European Union said that the deal could roughly halve Chinese shipments over four years. But it also could lead to an even stronger Chinese auto industry.

The top trade envoys for China and the European Union are wrapping up two days of talks aimed at calming escalating tensions over growing imbalances between th…

MEPs also called for stronger asset recovery, while the Commission plans to adopt its first anti-corruption strategy by the end of this year.

The European Union is bracing for a confrontation with China as a trade deficit exceeding $1 billion a day heightens anxiety over potential job losses and push…

Roland Lescure tells the BBC that being in the bloc enables members to better address the challenges facing the world.

The European Union is weighing tougher trade measures as negotiators prepare to meet Chinese officials in Beijing, with surging exports from China pressuring k…

Mood in trade talks said to have changed as EU member states harden demands for protection against Chinese importsEU trade negotiators are heading to China for…

Britain under pressure to put tariffs on cheap Chinese vehicle imports ahead of protectionist trade measures. Britain's car industry is grappling with a "diffi…

Exclusive: Findings will bolster those in No 10 who want to negotiate on re-entry but some senior figures remain wary. Andy Burnham's personal preference to re…

European issuers say Europe cannot ignore demand for dollar stablecoins as businesses seek USD liquidity for global payments and settlement.

It comes after Reuters reported that EU nations were discussing a proposal to release diesel reserves following pressure from the Trump administration.

President Donald Trump has threatened to ban diesel exports in a bid to ease prices in the US.

EU regulators are reportedly examining Binance's use of a MiCA exemption to serve customers as ESMA seeks stronger enforcement powers.

Both Ottawa and Brussels have good reasons to improve ties, but the EU will need to become more flexible.

European Union nations have spent over an extra $113.5 billion on energy imports since the Iran war began, forcing politicians to seek alternatives to fossil f…

Drones, counter-drone tech, air defense, seabed defense and eastern flank protection top the EU's list of desired capability areas.

The US government filed an application to support the company's legal challenge against a fine issued under the bloc's Digital Services Act, which Trump has de…

The EU had said X "deceives users" by selling blue ticks without "meaningfully verifying" accounts.

US president's suggested 90-day export ban before midterm elections could bring even higher fuel prices across EuropeBusiness live - latest updates. The EU has…

U.S. policymakers like complaining about one of the sources of the European Union's strength.

The EBA outlined potential rules for crypto lending and firms providing access to DeFi protocols as part of the European Commission's MiCA review.

Explosive growth in imported vehicles omitted from EV tariffs fuels concern for future of European carmakersEU imports three times more from China than bloc ex…

IPPR finds failure to align testing standards has forced companies to abandon exporting to EU and is costing costing 0.18% of national income. The UK is losing…

EU supervisors warn quantum computing could weaken blockchain security as Bitcoin developers weigh a draft migration plan and Ethereum targets 2029.

Alisher Usmanov and Mikhail Fridman delisted in what Ireland's EU presidency calls 'a difficult compromise' for the bloc. The EU has agreed to remove two Russi…

The prime minister says he will raise his concerns when he meets the European Commission President later.

Study shows trade deficit ran at more than €1bn a day in July, days before Xi Jinping's summit with Donald TrumpBusiness live - latest updates. Consumers and b…

The ECB and EU central banks want to replace MiCA's stablecoin bank-deposit requirements with liquidity thresholds, warning that sudden withdrawals could strai…

The agreement comes as persistent geopolitical shocks and tariffs underscore the need to look for new trade partners.
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