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U.S. markets news

Yuan Steady After IMF Decision; Asian Shares Rise
The Chinese yuan held steady after the International Monetary Fund included the currency in its reserve basket, while most Asian shares rose amid optimism for stimulus from Europe's central bank later this week.
China says no basis for the yuan to continue to devalue - PBOC  Reuters
China's Renminbi Is Approved by IMF as a Main World Currency  New York Times
Los Angeles Times  
China official factory PMI at three-year low
The official Purchasing Managers' Index (PMI) fell to 49.6 in November from the previous month's reading of 49.8, according to the National Bureau of Statistics (NBS)... By: Reuters | Beijing | December 1, 2015 8:33 AM ...
China's manufacturing PMI hits lowest level in three years  Sydney Morning Herald
Manufacturing data underline China weakness  The Australian
Target website stumbles on Cyber Monday, rivals out of stock
CHICAGO U.S. shoppers seeking to avoid the holiday crowds at bricks-and-mortar stores and snare deals on Cyber Monday came face-to-face with traffic jams and product sellouts, with some customers of Target Corp forced to wait in a virtual line.
Target site crashes on Cyber Monday  CNNMoney
Target's website crashes on busy Cyber Monday  New York Post
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 launches effort to disrupt energy sector with fund for green ...
UC joins Bill Gates' clean-energy coalition with $1-billion investment  Los Angeles Times
Cyber Monday Could Turn Out To Be Largest Online Sales Day in History: Adobe
This year's "Cyber Monday" is set to be the biggest online shopping day in history, Adobe predicts. With data from thousands of retailers still flowing in, the company believes Monday's total online spending will be $2.98 billion.
Target and PayPal sites report problems on Cyber Monday  The Seattle Times
Adobe data: Cyber Monday 2015 will hit a record $3B in sales, sale product ...  VentureBeat
Crude Oil Prices Move Marginally Ahead of Opec Meeting
0146 GMT [Dow Jones] Crude prices are hardly moving as the market expects the Saudi Arabia-led Opec to maintain the strategy of pumping out oil at high levels to protect market share at this Friday's meeting.
OPEC November oil output rises, led by Iraq, Saudi - Reuters survey  Reuters
Oil Bulls Brace for Repeat of OPEC's Bearish Blow at Meeting  Bloomberg
Samsung Elec names new president for handset business
SEOUL Dec 1 South Korean tech giant Samsung Electronics Co Ltd has named Dongjin Koh as the president of its smartphone business, conglomerate Samsung Group said on Tuesday.
Samsung Electronics Replaces Mobile Chief JK Shin  Wall Street Journal
Samsung Replaces Mobile-Unit Chief as Galaxy Phones Struggle  Bloomberg
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 is ready for its drones to fly, but government isn't  The Boston Globe
Here's What Amazon's Drone Program Could Look Like  TIME
Ethanol Companies Get Boost From US Quotas
U.S. regulators cut annual requirements for how much ethanol must be mixed into the nation's fuel supply. But the reductions were smaller than originally proposed, softening the blow to ethanol companies and their Farm Belt supporters.
US deals double blow with ethanol ruling  Financial Times
Nebraska ethanol industry disappointed in EPA biofuel targets  Columbus Telegram
Canadian Oil Sands' 'Poison Pill' Plan Upheld by Regulator
CALGARY, Alberta—The chief securities regulator in Alberta on Monday partially upheld a “poison pill” plan adopted by Canadian Oil Sands Ltd.
UPDATE 2-COS investors given extra month to assess Suncor bid  Reuters
Alberta Regulator Gives Canadian Oil Sands More Time for Bid  Bloomberg