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(MENAFN - AFP) The head of Norway's sovereign wealth fund hit out in a newspaper interview Sunday at Volkswagen's ownership structure, saying it gave too much power to the family shareholders and put minority shareholders at a disadvantage.

As VW is currently engulfed in a global emissions-cheating scandal, the fund's chief executive Yngve Slyngstad slammed the carmaker's ...

 
(MENAFN - AFP) China's foreign exchange reserves have fallen to their lowest level in more than three years, the central bank said Sunday, as Beijing sells dollars to stop the yuan from depreciating further.

The world's largest currency hoard shrank by $99.5 billion in January to some $3.2 trillion, the People's Bank of China said on its website, the lowest since May 2012.

Worries ...

 
(MENAFN - AFP) Deep in the southern mountains of Mexico, the cicada-like "tsk-tsk-tsk" of a water sprinkler broke the eerie silence as it sprayed a small parcel of opium poppies.

Wearing a straw hat, a polo shirt and jeans, Jorge slices the bulbs with a razorblade, releasing a sticky paste -- the raw material of a growing heroin epidemic feeding addicts in the United States ...

 
(MENAFN - AFP) China's foreign exchange reserves have fallen to their lowest level since 2012, reports said Sunday, as Beijing sells dollars to prevent the yuan from depreciating further.

The world's largest currency hoard shrank by $99.5 billion in January to some $3.2 trillion, Bloomberg News cited the People's Bank of China as saying.

Worries about China's economy ...

 
(MENAFN - AFP) Macaques in frilly dresses turn backflips and answer maths questions for crowds of screaming children at a Chinese monkey school, where trainers teach them to waltz and play rock drums.

Shows featuring performing simians, popular in China and throughout Asia, are expecting a boost in the Lunar New Year of the monkey, which begins on Monday.

But they are ...

 
(MENAFN - AFP) Government subsidies are fuelling a boom in electric vehicles in China, driving hopes for the industry's global future as the world's biggest car market offers economies of scale that could make the technology mainstream.

Sales of electric cars, though still modest, have rocketed four-fold in a year -- thanks in part to lavish government handouts -- as Beijing ...

 
(MENAFN - AFP) One hundred days after Justin Trudeau's Liberal government was sworn in, the still-popular Canadian prime minister faces mounting criticism, against the backdrop of a floundering economy and terror fears.

The 44-year-old Trudeau -- a former schoolteacher and the son of a popular prime minister -- immediately saw his international profile rise upon taking office ...

 
(MENAFN - AFP) France's southwestern Cahors region is a new frontier for foreign investors, from Argentine winegrowers doing the "Malbec tango" to potential investor "ambassadors" from China.

Cahors is the new go-to destination for foreign investors as wine-growing land is becoming scarce -- and therefore exorbitantly expensive -- in other French regions.

"You can't ...

 
(MENAFN - AFP) For its users, Adblock Plus stands as a bulwark against intrusive advertising. But websites dependent on advertising revenue to remain free-of-charge see the open source software as a scourge.

Now the German firm behind Adblock Plus is taking a more conciliatory tack, reaching out to its adversaries to find an "acceptable" level and form of advertising on the ...

 
(MENAFN - AFP) More than 22,600 cases of the Zika virus have been confirmed in Colombia, which is seeing a sharp increase in a rare neurological disorder linked to the disease, authorities said Saturday.

The news comes one day after Colombia, the country hit the second-hardest by the mosquito-borne disease after Brazil, announced three deaths which it blamed on Zika.

The ...

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