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North Korea blames U.S. for Internet outages, calls Obama 'monkey'
North Korea called U.S. President Barack Obama a "monkey" and blamed Washington on Saturday for Internet outages it has experienced during a confrontation with the United States over the hacking of the film studio Sony Pictures.
Schaeuble: 'cheap money shouldn't stop reform zeal' in euro zone
German Finance Minister Wolfgang Schaeuble expressed his reservations against the European Central Bank launching a bond buying stimulus program and praised Bundesbank president Jens Weidmann's arguments against such moves.
China's November industrial profits suffer sharpest fall in 27 months
Chinese industrial profits dropped 4.2 percent in November to 676.12 billion yuan ($108.85 billion), official data showed on Saturday, the biggest annual decline since August 2012 as the economy hit major unexpected headwinds in the second half.
VW's Audi to step up investments in 2015-19 on models, plants
Volkswagen's (VOWG_p.DE) Audi luxury division said on Saturday it will increase spending on new models, plants and technology by 2 billion euros ($2.44 billion) to a record 24 billion euros over the next five years.