Author: Euronews

Through the RESourceEU plan, the European Union seeks to end its reliance on China for its critical raw materials, which are essential for Europe’s automotive, defence, Greentech and digital sectors.

On a trip expected to be focused on investments and peace deals, the US president will be visiting Malaysia, Japan and South Korea. He is also likely to meet with Chinese President Xi Jinping.

More data, better traceability schemes and stepping up enforcement are some of the measures backed by lawmakers to tackle wildlife trafficking ahead of the UN convention in Uzbekistan.

China’s leaders have vowed to reduce its reliance on foreign advanced technology and spur stronger domestic demand as it weathers “high winds” amid elevated trade tensions with the US. An outline of the ruling Communist Party’s blueprint for the next five years was laid out in a 5,000-word communique released on Thursday after a four-day top level meeting in Beijing, just days ahead of planned talks between Chinese leader Xi Jinping and US President Donald Trump. Five-year plans are a throwback to the days of Soviet-style central planning. China still relies heavily on them to map out policy priorities and…

In a letter sent to EU leaders, Paris and Madrid state that the target must be kept, but ask for “made in Europe” incentives to help the struggling automotive industry.

Tesla reported a fourth straight decline in quarterly profit even as sales rose, triggering a drop in its shares in after-hours trading. Meanwhile, CEO Elon Musk is betting on the robotaxi branch to revitalise the company’s future.

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Netflix shares were down more than 6% in extended trading after the company delivered weaker-than-expected results.

An initiative to raise a flat tax on short-term rentals has sparked debate in Italy, both within the ruling coalition and the opposition. The measure is part of Italy’s 2026 budget draft, due to be passed in Parliament by the end of the week before heading to the Senate. Lawmakers have suggested an increase in the flat tax to 26%, a levy that will apply to both individual landlords and platforms that manage these rentals. Currently, the rate is 21% on the first property rented and 26% on additional properties. Centre-right party Forza Italia and right-wing Lega were against the…

ADVERTISEMENT President Donald Trump and Australian Prime Minister Anthony Albanese signed a critical-minerals deal at the White House on Monday. The deal came as the US eyes the continent’s rich rare earth resources at a time when China is imposing tougher rules on exporting its own critical minerals abroad. The US and Australian leaders described the agreement as an $8.5 billion (€7.3bn) deal between the allies. Trump said it had been negotiated over several months. “In about a year from now we’ll have so much critical mineral and rare earths that you won’t know what to do with them,” said…