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By Steve Holland WASHINGTON, Reuters - Donald Trump on Wednesday became the last man standing in the race for the Republican U.S. presidential nomination and faced the challenge of repairing deep fissures in the party, as his sole remaining rival, John Kasich, ended his campaign. Anointed the presumptive nominee after winning Indiana on Tuesday and driving his closest rival, U.S. Senator Ted Cruz, from the race, the 69-year-old New York billionaire planned to set up a vice presidential selection committee and step up efforts to seek unity among a wider group of Republicans ahead of the Nov. 8 election. Trump's win in Indiana cleared the way for him to prepare for a likely general election match-up against Democrat Hillary Clinton.
The European Central Bank on Wednesday said it would stop producing and issuing 500-euro banknotes, amid fears that the violet-coloured bills were favoured by criminals for money laundering and even terrorist financing. Existing bills can also be exchanged at national central banks of eurozone nations for an unlimited period of time, added the ECB, announcing its decision to scrap the denomination after "taking into account concerns that this banknote could facilitate illicit activities". The largest denomination banknote in the single currency area is one of the world's most valuable bills, alongside the 1,000 Swiss franc ($1,045, 910 euros) note.