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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.
Crunch time for Puerto Rico debt crisis  CNBC
Puerto Rico faces critical debt payment  Financial Times  
China leaves India trailing in race for reserve currency status
... * Indian central bank takes gradual approach to liberalisation. * Rupee's international usage is tiny. * China's accession to IMF basket highlights its progress.
World Stocks Rise on Improved Economic Data  New York Times
The 10-Point.  Wall Street Journal
Fiat Chrysler sales up in what could be a record November
DETROIT - Fiat Chrysler's sales rose 3 percent last month in what could be a record November for U.S. auto sales. Jeep sales jumped 20 percent for the month, making up for lower sales for FCA's Dodge, Chrysler and Fiat brands.
Fiat Chrysler November Sales Climb 3%  Wall Street Journal
Fiat Chrysler posts 68th straight month of auto sales gains  USA TODAY
UK bank stocks jump as on stress-test relief
Shares in some of the U.K.'s biggest banks climbed by the most in months Tuesday, propelled higher after the sector escaped largely unscathed from the Bank of England's financial stress tests.
Bank of England scrutinises 'vulnerable' buy-to-let mortgages  The Guardian
StanChart and RBS struggle in Bank of England stress tests  Financial Times
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
Celebrate Giving Tuesday by giving back
Giving Tuesday entered the Thanksgiving weekend lineup in 2012 - with an aim not to buy and consume, but to give in record numbers.
Love It Or Hate It, #GivingTuesday Has Become 'A Thing'  NPR
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.
Scotiabank, BMO report solid Q4 profits
Bank of Montreal raises dividend after profit beat  MarketWatch
Cyber Monday sales on pace to crack $3 billion for the first time
During the Thanksgiving weekend, 103 million people shopped online compared with 102 million who went to stores, the National Retail Federation said.
The Economist explains  The Economist (blog)
Cyber Monday sales still on top, but losing some luster  Wahpeton Daily News
Samsung's Big Change After Galaxy S6 Failure
Following two years of poor results from its mobile division, Samsung Co-CEO and leader of the mobile division JK Shin is stepping down from his role at Samsung Mobile.
Samsung's New Mobile Chief Faces Uphill Battle in Smartphones  Wall Street Journal
Samsung appoints new mobile boss to replace J.K. Shin  PCWorld
Flagging global trade curbs UK manufacturing growth
After a surprise jump in October, activity in the UK's manufacturing sector fell in November. The Markit/CIPS survey of purchasing managers dropped to 52.7, reversing most of the gains that saw the index hit a 16-month high of 55.2 in October.
Brazil's manufacturing downturn worsened in November: PMI  Economic Times
China Factory Index at 3-Year Low, Services Improve  New York Times