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Barclays Is Fined for Lax Oversight on Financial Crime
LONDON - British financial regulators said on Thursday that they had fined Barclays 72 million pounds, or $108 million, for failing to safeguard against the risk that the bank would be used to facilitate financial crime.
Barclays Fined for Failing to Minimize Financial Crime Risk  Wall Street Journal
UPDATE 1-UK watchdog fines Barclays for cutting corners on financial crime ...  Reuters  
large inversions may be hard to find
Washington: Pfizer's $160 billion (Dh587 billion) megadeal with Allergan, which comes with the benefit of an overseas tax address, is likely to be envied by competitors who won't be able to do much to mimic it.
Pfizer deal to purchase Allergan could close by end of 2016  Rapid News Network
Pfizer and Allergan to Merge  The Voice Herald (blog)
Consumer spending inches up 0.1%
Shoppers pass a Christmas display in a store window in San Francisco on Sunday. Consumers spent a little bit more in October than in September and incomes rose 0.4 percent, the Commerce Department said Wednesday.
United States economic growth revised up to 2.1% in the third quarter (blog)
US data points to moderate fourth-quarter growth  Reuters
Black Friday weekend has arrived
IT'S THAT time again. Like Halloween, the United States online shopping phenomenon known as Black Friday has migrated Down Under.
Opinion: Good news, holiday shoppers: Retailers are desperate  MarketWatch
Black Friday is an artificial marketing stunt with zero relevance for UK ...  PR Week
UPDATE 1-Alibaba in talks with Hong Kong's SCMP Group for media assets - source
(Recasts, changes sourcing, adds comments from SCMP). By John Ruwitch and Anne Marie Roantree. SHANGHAI/HONG KONG Nov 26 Chinese e-commerce titan Alibaba Group Holding Ltd has approached the publisher of Hong Kong's South China ...
HK's South China Morning Post receives takeover approach  Financial Times
Alibaba eyes South China Morning Post  Seeking Alpha
Japan announces $10.6B in climate financing for 2020
TOKYO - Japan says it plans to provide 1.3 trillion yen ($10.6 billion) in climate financing for developing countries in 2020, including public and private funds.
Abe Says Japan to Raise Climate Support for Poorer Nations  Bloomberg
Japan pledges $10bn for climate policies in developing nations  Business Standard
Tesco settles US lawsuit stemming from profit overstatement
Tesco will pay $12m to settle a class-action lawsuit stemming from the �263m profit overstatement that threw Britain's biggest retailer into turmoil last year.
Tesco to pay up $12m to settle accounting scandal US lawsuit
Tesco settles US lawsuit over profit overstatement  BBC News
The high cost of the low-interest rate war on savers
There's a lot of "Oh, snap" and high-fiving on the internet about Janet Yellen's comeback to Ralph Nader this week.
Yellen says low rates help Americans  Rapid News Network
Don't Blame the Fed for Low Rates (blog)
US accuses Syria of purchasing oil from Islamic State
WASHINGTON—The Obama administration on Wednesday accused Syria's government of purchasing oil from the Islamic State and sanctioned a Syrian businessman for allegedly facilitating these transactions.
Why Islamic State changed its strategy  Jerusalem Post Israel News
BHP Billiton shares hit as it rejects UN claim Brazil dam spill was toxic
BHP Billiton has denied claims by the UN that mud and waste water released by a burst dam in Brazil was toxic, as it faces renewed pressure over the mining disaster that killed at least 11 people and left eight missing.
BHP questions reports of toxic tailings
BHP Shares Slide as UN Probe Says Samarco Spill `Toxic'  Bloomberg