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EU to probe Poland's plan for supporting LG Chem's battery plant expansion

BRUSSELS, Aug. 11 (Xinhua) -- The European Commission said on Tuesday it has opened an in-depth investigation into whether Poland's plan to grant 95 million euros (111 million U.S. dollars) of public support for chemical company LG Chem Group's expansion of its battery cell production facility breaches EU regulations.


Italian-American automaker FCA posts net losses of 1 bln euros in Q2

ROME, July 31 (Xinhua) -- Italian-American automaker Fiat Chrysler Automobiles (FCA) posted net losses of 1 billion euros (1.18 billion U.S. dollars) in the second quarter (Q2) this year, the company said in its financial results Friday.