Category: European Union

As U.S. Tries to Isolate China, German Companies Move Closer

Some are expanding in China, reluctant to leave a huge market they need to finance operations back home.
Airbus to Double Production in China as It Moves Ahead With New Orders

The French plane maker’s deal comes despite pressure on Europe from the Biden administration to isolate Beijing.
F.T.C. Orders Gene-Sequencing Company Illumina to Divest Acquisition

The move by the commission is seen as a test of regulators’ efforts to prevent big companies from buying small innovators.
New Rules Will Make Many Electric Cars Ineligible for Tax Credits

The Biden administration hopes its guidelines for up to $7,500 in tax credits will encourage automakers to reduce their reliance on China for batteries and raw materials.
Germany and E.U. Agree to Exception in Planned Ban on Combustion Engines

Berlin has been pushing to allow the sale of vehicles running on synthetic fuels past 2035. Its dispute with the E.U. threatened the bloc’s climate goals.
As Zelensky Visits Kherson, World Bank Says Ukraine Needs $411 Billion to Rebuild

The bank released a significantly higher figure as European Union leaders approved plans to provide Kyiv with one million artillery shells over the next 12 months.
Germany Pushes for Exception in Law Banning Combustion Engines

Berlin and Brussels are scrambling for a solution after Germany calls for allowing cars to run on synthetic fuels. The move could endanger the E.U.’s climate goals.
Meta Manager Was Hacked With Spyware and Wiretapped in Greece

Artemis Seaford, a dual U.S.-Greek national, was targeted with a cyberespionage tool while also under a wiretap by the Greek spy agency in a case that shows the spread of illicit snooping in Europe.
Dutch Pro-Farmer Party Sweeps Elections, Upsetting the Status Quo

The surprise victory is widely seen as a protest vote against Prime Minister Mark Rutte’s government and some of his policies, including a goal to slash nitrogen emissions, which many say will imperil farming operations.
Biden and E.U. Leader to Discuss Ukraine and Trade Spat

President Biden and the European Commission president are set to discuss how to effectively counter Russia and a potential trade deal for electric vehicles.
Why Russia Has Such a Strong Grip on Europe’s Nuclear Power

New energy sources to replace oil and natural gas have been easier to find than kicking the dependency on Rosatom, the state-owned nuclear superstore.
U.S. and Europe Angle for New Deal to Resolve Climate Spat

American and European officials are trying to reach agreement on the outlines of a limited trade deal that could help resolve a major rift over America’s new climate legislation.