European Union

Steeper energy prices not generating second-round effects yet, but risk seeping into other costs

The two countries will also work towards strengthening cooperation between Asean and the EU

The Republic is repurposing expertise built over decades serving the largest offshore oil and gas companies for this green push

European bloc faces a trade deficit of more than 360 billion euros with Beijing in 2026

Beijing’s agreement to curb hybrid car imports into Europe is a calculated compromise to preserve access

It is a key step towards providing more breathing room for carmakers and some of their top suppliers

EU leaders will discuss the bloc’s massive trade deficit with China, which reached a record US$34.8 billion in September

The region’s cap on hybrid imports will slow but not stop China’s expansion, analysts say

One proposal includes a tool that would give the EU ability to completely block imports that benefit from unfair subsidies