The Chinese Minister of Industry and Information Technology said Friday concerns over the "Made in China 2025" plan are unnecessary and China will further open up its manufacturing sector.
The European Union has decided to extend anti-dumping duties on imports of Chinese steel ropes and cables for a further five years, according to the EU official journal published Friday.
Ukraine's economy continued expansion in the first quarter of this year supported by the positive external and internal environment, the National Bank of Ukraine (NBU) said Friday.
The April Nonmanufacturing Business Outlook Survey indicated the business activity in some eastern U.S. states continued to grow, the Federal Reserve Bank of Philadelphia reported on Friday.
More than 4,000 employees could leave their posts at Opel by 2020 after the German car maker was taken over by French PSA Group, works council chairman Wolfgang Schaefer-Klug told the press on Friday.
A senior manager at the luxury carmaker Porsche has been taken into police custody in connection to the ongoing "dieselgate" scandal, state prosecutors confirmed on Friday.
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