LONDON — Norwegian startup Freyr will first build batteries to power electric vehicles and store clean energy in a remote town near the Arctic Circle. Up next? An Atlanta suburb.
The U.S. and the European Union have set up a task force to resolve a dispute over electric vehicle batteries that the EU says would discriminate against manufacturers in the 27-nation bloc and break World Trade Organization rules.October 26, 2022
The European Union won’t clinch a trade deal with the U.S. by Nov. 1 as originally targeted, according to the bloc’s chief trade negotiator.
The Trump administration wants to tax $11.2 billion worth of EU goods — from airplanes to Gouda cheese — in a move that some experts say marks another attempt by the administration to use tariffs to reshape global trade in its favor.April 9, 2019
LONDON — Ireland’s deputy prime minister said Feb. 28 that the European Union wants to work with Britain to ensure there is a Brexit deal as Irish drivers were warned they will need new paperwork to cross the currently invisible border to Northern Ireland if the U.K. leaves the bloc without an agreement.
The European Union’s trade chief, Cecilia Malmstrom, will continue talks with her U.S. counterpart Jan. 10, after the two met earlier the week of Jan. 7 in an effort to tamp down escalating commercial tensions, according to the European Commission.
Volkswagen AG’s tarnished reputation suffered another blow after its Scania unit was slapped with a 880.5 million euro ($1.03 billion) fine for fixing truck prices, a year after other members of the cartel reached a record settlement with the European Union.
Container traffic increased in March compared with 2016 levels at the top North American ports, including a strong post-Chinese New Year upswing at the two largest ports — Los Angeles and Long Beach, Calif.April 14, 2017
Deutsche Post AG’s third-quarter profit jumped more than threefold to a record as the mail operator shifts to tap booming shipments from Internet shopping and recovered from costs for a failed software project.