European Union

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

They will have to comply with interoperability requirements and curbs on customer lock-in and self-preferencing

The European bloc is doubling down on its focus on South-east Asia amid geopolitical turmoil