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U.S. markets news

Moment of truth as Puerto Rico faces crucial debt payment
SAN JUAN/NEW YORK Puerto Rico faces a moment of truth on Tuesday, as the island owes a $355 million payment - a possible default which could trigger lawsuits, further spook investors and undermine the island's efforts to climb out of $72 billion in debt.
As Puerto Rico Crisis Worsens, Congress In No Rush to Help  Bloomberg
Crunch time for Puerto Rico debt crisis  CNBC
Financial Times  
China leaves India trailing in race for reserve currency status
MUMBAI China's accession to the International Monetary Fund's elite has left behind India, whose cautious approach to liberalization means the rupee is unlikely to be a viable candidate for reserve currency status for at least a decade.
World Stocks Rise on Improved Economic Data  New York Times
IMF's China yuan decision was 'political': Author  CNBC
UK banks pass stress tests as Britain's "post-crisis period" ends - as it happened
Artwork on the office walls of The Bank of England. Photograph: David Levene for the Guardian. Graeme Wearden. Tuesday 1 December 2015 09.14 EST.
Banks buoy Britain's FTSE 100 after stress test success  Reuters
UK bank stocks jump as on stress-test relief  MarketWatch
According to the group of organizations, Giving Tuesday is growing at a faster ...
As the dust begins to settle after the shopping frenzy that spanned the weekend from Black Friday to Cyber Monday, charities are asking Canadians to start December with a different kind of spending.
Generosity is the British way. That's why I back Giving Tuesday
Giving Tuesday: Move over Black Friday and Cyber Monday, this day is all ...
Iran oil minister calls for OPEC members to respect quota: Mehr
DUBAI Iranian Oil Minister Bijan Zanganeh sent a letter to the head of the Organization of the Petroleum Exporting Countries (OPEC) urging members to respect a shared production ceiling of 30 million barrels a day, Iran's Mehr news agency said on Tuesday.
Saudis Will Discuss Then Decide Policy at OPEC Meeting, Says Ali al-Naimi  Wall Street Journal
Oil Steadies After Worst Month Since July as OPEC Meeting Looms  Bloomberg
UPDATE 1-Scotiabank fourth-quarter profit rises on asset growth
(Adds executive appointment, context on energy sector exposure). TORONTO Dec 1 Bank of Nova Scotia, Canada's third-largest bank, reported a higher quarterly profit on Tuesday, helped by asset growth and favorable foreign exchange moves.
Bank of Montreal, Scotiabank Beat Estimates on Foreign Gains  Bloomberg
Top Links: Citi finds bargains among resource stocks  The Globe and Mail
German jobless rate falls to lowest level
GERMANY'S unemployment rate fell to 6.3 per cent in November, the lowest level since reunification in 1990, reinforcing expectations that private consumption will continue to support growth in Europe's largest economy.
Eurozone Jobless Rate Falls for Second Straight Month  Wall Street Journal
Euro zone unemployment falls in October
Tech Five: Samsung names new head of mobile
As smartphone sales slide, Samsung is making a shift in management for its mobile phone unit. Here are the tech stocks to watch Tuesday: Samsung.
Samsung replaces mobile chief in wake of difficult year
Samsung's Big Change After Galaxy S6 Failure  Forbes
The Biggest Winners (and Losers) in the Black Friday & Cyber Monday Shopping Wars
The epic Thanksgiving-Black Friday-Cyber Monday shop-a-thon is over. There were stores that opened for sales on doorbuster deals at 6 a.m.
Cyber Monday sales still on top, but losing some luster
Why Did Black Friday Sales Fall by $1 Billion?
Man City group sells 13% stake to Chinese investors
Manchester City's parent company have announced a deal which will see a consortium of Chinese institutional investors take a stake of just over 13 per cent in the group.
Manchester City deal is good business for China  Reuters Blogs (blog)
UPDATE 2-Soccer-Chinese investors buy stake in Manchester City group  Reuters