A $2.18 trillion budget proposal promises to make Europe competitive with China and the US, but experts say the bloc lacks the fiscal power to deliver.

Ursula von der Leyen has unveiled her much-anticipated proposal for the new budget of the European Union, worth €2 trillion between 2028 and 2034, a sizable increase compared to the €1.21 trillion ...

President Trump has flagged that US tariffs on pharmaceutical imports are likely to kick in on Aug. 1, with duties on ...