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U.S. markets news

Asian shares rally, shrug off China PMIs
TOKYO Asian shares were solidly higher on Tuesday, as investors latched on to tentative signs of stabilisation in China even as twin factory surveys highlighted the fragile state of the world's second-largest economy.
Asia Stocks Rise as Japan Data Mends, Yuan Status Welcomed  New York Times
China manufacturing activity falls to 3-year low  MarketWatch
India central bank keeps rates on hold, sees room for more 'accommodation'
MUMBAI India's central bank kept its key repo lending rate unchanged at 6.75 percent on Tuesday, as widely expected, after consumer inflation picked up to a four-month high and as emerging markets brace for a hike in U.S.
India Bonds Extend Gains as Rajan Says Policy Is Accommodative  Bloomberg
RBI status quo on key rates, links further cuts to inflation  Hindustan Times
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 racks up a record $3B in sales  Detroit Free Press
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
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 chooses new mobile chief as its smartphone dominance comes under threat  CTV News
Samsung replaces mobile chief as smartphone lead dwindles  Irish Independent
PM Narendra Modi could make or break Barack Obama's climate legacy
LE BOURGET, France: Since Prime Minister Narendra Modi came to power, President Barack Obama has not missed many opportunities to convey what a warm rapport he has forged with the Indian leader.
PM Modi Returns Home After Attending Paris Summit  NDTV
International Solar Alliance sign of India's leadership on global stage ...  Firstpost
$A boosted by China data and RBA
The Australian dollar has received a lift after the release of stronger than expected Chinese manufacturing figures and the central bank left the cash rate on hold.
RBA Keeps Rates at Record-Low 2%  Wall Street Journal
No Christmas rates cheer from RBA  Herald Sun
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.
UPDATE 2-COS investors given extra month to assess Suncor bid  Reuters
Canadian Oil Sands can stall Suncor Energy's hostile takeover bid for a ...  Montreal Gazette
China orders factories to shut as smog rises
China has ordered thousands of factories to shut as it grapples with choking smog that's nearly 24 times safe levels, casting a shadow over the country's participation in Paris climate talks.
Smog casts a shadow over our family life in Beijing  Irish Times
Heavy Smog Forces Students Home as Pollution Hits Beijing  Bloomberg
Brazil sues BHP Billiton, Vale and Samarco for $7.2 billion over mine disaster
Brazil's government has filed a $7.2 billion lawsuit against mining company Samarco Minerao and its co-owners, Australia's BHP Billiton and Vale, to clean up the damage caused by the mine disaster in the south-eastern state of Minas Gerais.
UPDATE 1-Brazil sues BHP, Vale for $5 bln in damages for mine disaster  Reuters
Brazil sues BHP, Vale for $A7 billion