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U.S. markets news

IMF gives China's currency prized reserve asset status
WASHINGTON The International Monetary Fund admitted China's yuan into its benchmark currency basket on Monday, in a victory for Beijing's campaign for recognition as a global economic power.
What's News: Business & Finance  Wall Street Journal
IMF admits China's yuan to elite currency club  CNN
Samsung Electronics names new smartphone head as heir apparent makes mark
SEOUL Tech giant Samsung Electronics Co Ltd's long-time handset division chief is ceding day-to-day management of the struggling smartphone business in the biggest leadership change yet under the Samsung conglomerate's heir-apparent, Jay Y. Lee.
Samsung Replaces Mobile Chief as Smartphone Lead Dwindles  New York Times
Samsung replaces head of sluggish mobile unit  Financial Times
Target site crashes on Cyber Monday
Target's website crashed on Cyber Monday, one of the biggest shopping days of the year. The mega-retailer is offering 15% off every online order on Monday, along with 30% off select clothing, shoes and toys.
Target's website crashes on busy Cyber Monday  New York Post
Cyber Monday Breaks Records As Shoppers Flock To Their Smartphones  Newsy
Gates Leads Billionaires in $2 Billion Climate Investment
Bill Gates, the world's richest man, led a group of philanthropists in vowing to plow $2 billion into clean energy through personal investments and a new fund to be set up next year.
Bill Gates Plots a Surprise Attack on the Energy Sector  NDTV
Bill Gates Is Finally Tackling Climate Change. That's Good News for the ...  Slate Magazine (blog)
Cyber Monday saves retailers after dark Black Friday
Online sales during Cyber Monday are showing signs of being the savior for retailers licking their wounds from weak-in-the-knees Black Friday.
Cyber Monday arrives after strong weekend of online sales
Cyber Monday sales to top $3bn to make it the biggest online shopping day ever  Daily Mail
China Manufacturing Reports Point to Difficulty in Meeting Growth Goals
BEIJING—An official gauge of China's manufacturing activity fell to its lowest level in more than three years, fueling fears that the world's second-largest economy may be cooling further despite a raft of government stimulus measures.
Chinese manufacturing figures dwindle  ABC Online
China factory index hits 3-year low, but services improve  Hindustan Times
Crude Oil Prices Move Marginally Ahead of Opec Meeting
0146 GMT [Dow Jones] Crude prices are hardly moving as the market expects the Saudi Arabia-led Opec to maintain the strategy of pumping out oil at high levels to protect market share at this Friday's meeting.
US crude oil prices remain weak ahead of OPEC meeting  Reuters
Oil prices rise in Asia with OPEC meeting in focus  The News International
RBA Keeps Rates at Record-Low 2%
SYDNEY—Australia's central bank kept interest rates at a record-low 2.0% on Tuesday rather than cutting them to nurse a fragile economy.
EconomyRBA upbeat, leaves benchmark interest rate on hold  Financial Times
RBA keeps rates on hold at 2 per cent  Sydney Morning Herald
Beijing Air Pollution Reaches Hazardous Levels
BEIJING - Schools in Beijing were ordered to keep students indoors Tuesday after record-breaking air pollution in the Chinese capital soared to up to 35 times the safety levels.
In Beijing, 'extremely hazardous' levels of pollutants detected  The Week Magazine
Eerie photos spotlight Beijing and New Delhi's polluted air
UPDATE 2-COS investors given extra month to assess Suncor bid
... * Commission rejects plan to extend bid duration to 120 days. * New deadline is extension of usual 60-day limit. * Lawyer says commission 'met everyone halfway' (Adds comment from Suncor and COS).
Alberta Regulator Gives Canadian Oil Sands More Time for Bid  Bloomberg
Canadian Oil Sands can stall Suncor Energy's hostile takeover bid for a ...  Montreal Gazette