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GLOBAL MARKETS-Asian shares log solid gains, shrug off China PMI
... * China factory activity hits 3-year low in November. * Yuan steady after IMF adds it to currency basket as expected. * Australian shares rally, RBA holds steady as expected.
What's News: Business & Finance  Wall Street Journal
China stocks sag after soft PMIs; Hong Kong jumps on yuan SDR triumph  Hindu Business Line
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 Is Finally Tackling Climate Change. That's Good News for the ...  Slate Magazine (blog)
Led by Gates, 20 biz titans launch clean tech coalition  Times of India
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.
Reserve Bank of Australia Holds Rates at Record-Low 2%  Bloomberg
The Reserve Bank board members met in Perth on Tuesday. Nicholas Rider  The Australian Financial Review
EconomyIndian PMI grows by its slowest pace in 2 years
Weak domestic demand has weighed upon Indian manufacturing activity, leading the sector to its weakest pace of growth in two years.
China Manufacturing Reports Point to Difficulty in Meeting Growth Goals  Wall Street Journal
China's manufacturing growth at 3-year low, services improve  Times of India
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.
Cyber Monday racks up a record $3B in sales  Detroit Free Press
Target website stumbles on Cyber Monday, rivals out of stock  Financial Express
UPDATE 2-Samsung Elec names new smartphone head as heir apparent makes mark
... * J.K. Shin to cede day-to-day handset business role. * Smartphone business struggling despite product revamp. * Analysts say move does not point to major strategic shift (Updates with comments from analysts, background).
Samsung Replaces Mobile Chief as Smartphone Lead Dwindles  ABC News
Samsung replaces head of sluggish mobile unit  Financial Times
Amazon's Drones May Land in the Backyard
Assuming drone developers overcome the plethora of challenges in the way of package delivery, from regulators to battery life, another question has remained unanswered: Where will the unmanned vehicles land?
Amazon releases video showcasing unmanned delivery drones  Financial Express
Amazon is ready for its drones to fly, but government isn't  The Boston Globe
Russia and Saudi Arabia Battle for Control of European Oil Market
LONDON—A contest for dominance in Europe's oil market is heating up between the world's two biggest oil exporters—Saudi Arabia and Russia—as they contend with stubbornly low crude prices and the prospect of Iran's post-sanctions return.
Crude oil prices remain weak ahead of OPEC meeting  Reuters
Oil prices rise in Asia with OPEC meeting in focus  Financial Express
Canadian Oil Sands Wins More Time for Bids as Suncor Mulls Steps
Canadian Oil Sands Ltd.'s shareholders won another month to find suitors willing to counter Suncor Energy Inc.'s C$4.5 billion ($3.37 billion) hostile takeover offer.
Canadian Oil Sands' 'Poison Pill' Plan Upheld by Regulator  Wall Street Journal
UPDATE 2-COS investors given extra month to assess Suncor bid  Reuters
LIVE: Sensex up over 70 points as RBI maintains status quo, Nifty above 7960
11.03 am: RBI kept economic growth projection unchanged at 7.4 per cent in FY16. Sensex was up 74 points 26,220. Nifty was up 35.15 points at 7,970.40.
Sensex up 50 points; RBI monetary policy eyed  Hindu Business Line
BSE Sensex extends gains, climbs 91 pts in early trade on GDP data  The Indian Express