German carmakers Volkswagen, Audi, Porsche, BMW and Daimler secretly worked together from the 1990s onwards on issues including polluting emissions from diesel vehicles, news magazine Der Spiegel reported Friday.
The International Monetary Fund's approval of a one-year $1.8-billion loan for Greece was a "very positive signal for the markets," the EU's Commissioner for Economic and Monetary Affairs, Pierre Moscovici, told AFP on Friday.
German industrial conglomerate Siemens said on Friday it would scale back its operations in Russia after confirming gas turbines it sold to companies there had been diverted to Ukraine's Russian-annexed Crimea region in breach of sanctions.
Despite global sanctions over its weapons programmes, North Korea's economy grew at the fastest pace in 17 years thanks to a jump in exports and increased production in mining and other industries, the South's central bank said Friday.
The euro held its dollar gains in Asia on Friday after the head of the European Central Bank said policymakers would begin re-evaluating its stimulus in the autumn, fuelling talk that the age of cheap money was coming to an end.