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Mixed emotions in Germany as 500-euro note bows out

As the ECB takes the final step in phasing out the 500-euro note, few are expected to mourn a bill favoured by criminals but rarely seen in daily life. Except perhaps in cash-loving Germany. From Sunday, central banks in 17 of the 19 eurozone countries will stop issuing the...

Businesses struggle as cracks appear in China's economy

Cracks are opening in China's mighty economy: investors are backing away from deals, factories are moving abroad and companies are shedding jobs. The world's second-largest economy is losing steam, hitting its slowest growth in almost three decades last year, and flagging further in recent...

Canadian PM sacks ambassador to China amid Huawei row

Canadian Prime Minister Justin Trudeau announced on Saturday that he fired his country’s Beijing envoy. “Last night I asked for and accepted John McCallum’s resignation as Canada’s Ambassador to China,” Trudeau said in a statement without elaborating his reasons for the removal....

Venezuela’s oil trade with US will continue: Maduro

Venezuela will continue to sell oil to the U.S. despite cutting off diplomatic ties with Washington, President Nicolas Maduro said Friday. Speaking to reporters at Miraflores Presidential Palace in Caracas, Maduro said cutting diplomatic relations would not affect oil trade with the U.S....