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Why the Presidential Candidates Have to Stop Blaming Everything on China
Republicans do it. Democrats do it. Donald Trump does it, Mitt Romney did it, and Barack Obama did it, too. We've been doing it … well, maybe if not since the horse and carriage then at least since the first horse and carriage rolled off the Shenzhen ...
Small News On The Yuan  New York Times (blog)
Chinese yuan to join elite global currency club  The Guardian
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.
Banks buoy Britain's FTSE 100 after stress test success  Reuters
Bank of England to Ease Capital Pressure on UK Banks  Wall Street Journal
Fiat Chrysler Leads Strong U.S. Sales Run as Deals Aid Demand
Automakers used early holiday-season dealmaking to keep U.S. sales churning toward a record pace in November, aided by a strengthened economy and cheap fuel prices that whetted buyers' appetite for trucks.
US Auto Sales Barreled Forward In November  Forbes
US Nov. car sales buoyed by Black Friday deals  MarketWatch
Retailers' Store Sales Fell 10% Last Weekend, ShopperTrak Says
Consumer spending at brick-and-mortar retail locations fell 10 percent over the four-day Thanksgiving weekend as U.S. retailers cut store hours on the holiday, according to ShopperTrak.
The Economist explains  The Economist (blog)
Cyber Monday sales slow as web shopping spans holiday season  Chicago Tribune
'Giving Tuesday' Marks Day of Charity After Black Friday, Cyber Monday Sales
People who opened their wallets for Black Friday and Cyber Monday may want to keep them open just a bit longer to give back to an organization of their choice today, which is known as #GivingTuesday.
8 ways to participate in #GivingTuesday
Giving Tuesday in San Diego  The San Diego Union-Tribune
UPDATE 1-Canada pulls out of recession as growth resumes in 3rd quarter
(Adds details from report). OTTAWA Dec 1 Canada pulled out of recession in the third quarter as an acceleration in exports and increased spending in the consumer and housing sectors revived growth, data from Statistics Canada showed on Tuesday.
Canada's Economy Rebounds in Third Quarter  Wall Street Journal
Canada's Economic Rebound Sapped by September Oil Surprise  Bloomberg
UPDATE 2-Scotiabank profit rises amid capital markets, energy concerns
(Adds comments, stock price move, details on oil and gas exposure and domestic and international business). By John Tilak. TORONTO Dec 1 Bank of Nova Scotia reported a higher quarterly profit on Tuesday, helped by asset growth and favorable foreign ...
Scotiabank profit rises amid capital markets, energy concerns  Reuters Canada
Bank of Montreal, Scotiabank Beat Estimates on Foreign Gains  Bloomberg
OPEC set for tough meeting, further price fall feared - sources
VIENNA Dec 1 OPEC is heading for very tough meeting this week, delegates and officials said on Tuesday, as country members pump record volumes amid an uncertain demand outlook and as the prospects of a U.S.
Saudi battles Russia for EU market share, while Iran waits in the wings (blog)
Oil prices unchanged as Saudi readies for OPEC  Business Recorder (press release) (registration) (blog)
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)
Manchester City's deft China venture is taking the club to powerful places  The Guardian (blog)
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 shuffle gives younger Lee test to show who's boss  Chicago Tribune