The European Union is working on a proposal for bloc-wide purchase incentives for electric vehicles to support the bloc’s struggling automakers, German Chancellor Olaf Scholz said Tuesday.

Valdis Dombrovskis, the commissioner for economy at the European Commission, discusses European economic policy and EU-U.S. relations at the World Economic Forum in Davos.

The European Union is keen to partner with countries around the world and is “open for business,” European Commission chief Ursula von der Leyen said Tuesday.

The world's political and business leaders have converged on the Swiss resort town of Davos to discuss global challenges. Leaders from China, Ukraine and Germany are taking the stage on day one. Follow DW for more.

European Commission President Ursula von der Leyen emphasized the need to break down barriers in the EU's energy sector at the World Economic Forum. Her statement highlighted the importance of investing in next-gen clean energy technologies and diversifying energy supplies.

DAVOS, Switzerland (Reuters) -The European Union wants to engage and negotiate with U.S. President Donald Trump, European Commission President Ursula von der Leyen said on Tuesday, warning of the risk of a "global race to the bottom" using tools such as tariffs.

Speaking in Davos, Ukrainian President Volodymyr Zelenskyy questioned whether Trump was committed to NATO and European security.

Europe has entered a new era of harsh geostrategic competition and will have to work together to avoid a global race to the bottom, European Commission President

European Commission President Ursula von der Leyen warned on Tuesday of the risk of a 'global race to the bottom' using economic tools such as sanctions, export controls and tariffs. Speaking at the World Economic Forum's annual meeting a day after the inauguration of U.

Energy demand is skyrocketing, fueled by the demand for artificial intelligence, but as Hitachi Energy's CEO Andreas Schierenbeck tells France 24's Charles Pellegrin at the World Economic Forum in Davos,