- Economic sentiment in Germany rose from -53.5 to -45.2
- White House, Congress reach 15 billion auto bailout deal.
- Japan machinery orders fall 4.4% in October
- U.K.'s manufacturing output fell 1.4%.
- Canada reduce its interest rate from 2.25% to 1.50
- Japan's GDP fell 0.5% QoQ and 0.4% YoY.
- YoY South Africa's gold production fell 14.4% in October
- Merrill Lynch and Morgan Stanley, responding to evaporating profits and public ire, won't pay bonuses this year to their chief executives.
- (Reuters) - The United States and other rich nations must pledge by the end of next year specific targets for cutting greenhouse gas emissions by 2020 to win agreement on a U.N. climate pact, the U.N.'s top climate official said.
- (Bloomberg) -- Cisco Systems Inc., General Electric Co. and Emcor Group Inc. may be winners as President-elect Barack Obama seeks to revive the U.S. economy by rewiring classrooms and libraries for high-speed Internet service and repairing bridges and highways.
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