The Governor giveth and the Governor taketh away. The Bank of England has come to the end of its long march to get banks to hold more capital.
Manufacturing activity in China hit a three-year low in November, an industry survey shows, supporting the case for more accommodative policies as authorities seek to prop up growth in the world's second-largest economy.
Cyber Monday finished strong, with Adobe estimating a 12% gain to a record $2.98 billion. And for the full holiday weekend, it says online sales jumped 15% to $11 billion.
MUMBAI Dec 1 Cash conditions in the Indian banking system are balanced and the central bank will inject long-term funds if needed, said Governor Raghuram Rajan on Tuesday.
Manchester City's parent company has been valued at $3bn (�2bn) after selling a 13% stake, worth �265m, to a consortium of Chinese investors.