The European Commission president, Ursula von der Leyen, announced the inquiry amid growing concern about China’s dominance over electric vehicles.
Category: von der Leyen, Ursula
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Europe Vowed to Make Russia Pay for the War. It’s Not That Easy.
Confiscating Russian state assets frozen by the United States and Europe could breach international law and set a dangerous precedent, experts say.
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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.
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Europe Plots a Diplomatic and Business Reset on China
President Emmanuel Macron of France and Ursula von der Leyen, President of the European Commission, arrived in China on Wednesday aiming to restart business and political ties.
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Biden and E.U. Leader to Discuss Ukraine and Trade Spat
The New York Times – Business:President Biden and the European Commission president are set to discuss how to effectively counter Russia and a potential trade deal for electric vehicles.
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U.S. and Europe Angle for New Deal to Resolve Climate Spat
The New York Times – Business: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.
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Ukraine Needs Shells, and Arms Makers Want Money. Enter the E.U.
The New York Times – Business:Ukraine is firing artillery shells faster than manufacturers can make them. Brussels is working on a plan to increase production by guaranteeing big advance purchases.
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King Charles Faces Backlash Over Northern Ireland Trade Deal Meeting
The New York Times – Business:King Charles’s meeting with an E.U. leader on the day a Northern Ireland trade deal was announced drew angry recriminations from critics who viewed it as an improper foray into British politics.
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How the Lab Leak Theory Could Strain U.S.-China Relations
The New York Times – Business:The U.S. Energy Department’s report identifying the Wuhan Institute of Virology as the likely source of the coronavirus has already generated pushback in Beijing.
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China Returns to Davos With Clear Message: We’re Open for Business
The New York Times – Business:Emerging from coronavirus lockdown to a world changed by the war in Ukraine, China sought to convey reassurance about its economic health.
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How Biden’s Climate Push Could Spur a Trade War With Europe
The New York Times – Business:The European Union is crying foul over the Inflation Reduction Act, saying the billions in climate subsidies it offers create a trade imbalance.
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Oil Prices Rise as the West Imposes a Cap on Russian Crude
The New York Times – Business:Energy traders pushed crude prices higher on Monday following Europe’s embargo of seaborne Russian crude and a price cap by Group of 7 nations went into effect.