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Canadian markets news

Canadian economy returns to quarterly growth amid signs of weakness
Canada's economy resumed growing in the third quarter, Statistics Canada reported today, officially ending the mild recession that hit the country in the first two quarters of 2015.
Businesses slash spending as oil sector downturn slows consumer demand  The Globe and Mail (subscription)
September's growth worst in six years  Toronto Star
British workers face biggest income drop in OECD on retiring
UK workers face the biggest income drop in the rich world when they retire and only Mexico and Chile receive less generous payments, according to an OECD report.
British savers exposed to biggest pension drop in the world (apart from ...
UK pension among world's worst, research says - with only Chile and ...
See the 'Smogpocalypse' China's President Left Behind to Attend Climate Change ...
Chinese President Xi Jinping is breathing easier these days, as he has escaped smog-enveloped Beijing to attend this week's climate change summit in France.
'It looks a bit like doomsday' in Beijing  Hamilton Spectator
Here's What That Choking Blanket of Smog Over China Looks Like From Space  Gizmodo
Morgan Stanley Rises Second Day on Plan to Cut Fixed-Income Jobs
Morgan Stanley climbed for a second day on news that the bank is considering cutting as much as a quarter of its fixed-income trading staff.
Morgan Stanley tackling final profits puzzle piece  Reuters Blogs (blog)
Why is Morgan Stanley Set to Cut 25% Fixed Income Jobs?  Nasdaq
Cyber Monday sales top $3 billion as discounts spur buyers
Americans bought more than $3 billion worth of goods on Cyber Monday, a leading survey showed, as bigger-than-expected discounts and strong demand for electronics and toys added up to the biggest ever day for U.S.
Cyber Monday Beat Forecasts With A Record $3.07 Billion In Sales, 26% From ...  TechCrunch
Cyber Monday deals on PCs, tablets, and TVs extend into Cyber Week  Fox News
OPEC's Future Influence On Oil Will Wane, US Influence Will Grow
The plunge the price of oil has resulted in a lot of interesting revelations concerning the major oil producers and what their economies will have to do in response to the long-term effect of lower oil prices.
IEA Chief Reiterates Forecast for $80 Oil  Wall Street Journal
Oil prices tread water ahead of US data, Opec meeting  THE BUSINESS TIMES
Man City owners reveal €376m deal with Chinese investors
City Football Group (CFG), which owns Manchester City, have announced a �265 million (€376 million) investment from a Chinese consortium that buys it a 13 per cent stake and values CFG at €2.8 billion.
Manchester City deal-maker is 'Chinese Murdoch' with influence at ...
Man City group sells 13% stake to Chinese investors  BusinessDay
Volkswagen's US sales tumble in wake of emissions scandal
For the first time, Volkswagen AG U.S. sales were hit hard by the company's diesel-emissions scandal as dealers labored for most of the month with relatively few cars on their lots that they could sell.
Volkswagen's US Auto Sales Got Crushed in November  Fortune
Volkswagen's Software Use Was Illegal, German Regulator Rules  New York Times
RPT-China leaves India trailing in race for reserve currency status
(Repeats Tuesday story with no changes to text). * Indian central bank takes gradual approach to liberalisation. * Rupee's international usage is tiny.
IMF Opens Door to Adding Currencies to SDR Basket After Yuan  Bloomberg
The 10-Point.  Wall Street Journal
Samsung shuffle makes younger Lee the boss
Seoul • Samsung Group Vice Chairman Lee Jae Yong faces his first real test as the conglomerate's de facto leader, and it doesn't look good for executives at the mobile-phone division.
Samsung set for software focus with new mobile chief  TODAYonline
Samsung's New Mobile Phone Chief Exemplifies Focus on Software  Bloomberg