Today’s Issue Cluster: US Retail
Internet – Everybody wants to rule the world
Oil – Why cratering prices may not crush shale producers
Europe – Relief in capitals at ‘reasonable’ UK plan to reduce immigration
Japan – Oct: Core CPI Slows; 0.9% from 1.0% / WSJ / FT * *
China – Nov: Official PMI slips below forecast; 50.3 from 50.8 / R / WSJ / B / X *
India – Q3: Economic Growth Slows; +5.3% from +5.7% / WSJ / FT / NYT
EZ – Nov: Weak Inflation Raises Pressure on ECB; 0.3% from 0.4% / B / WSJ / NYT / R *
EZ – Non: Markit Manufacturing Expansion Grinds to a Halt; 50.1 from 50.6 / WSJ *
Germany – Nov: Markit Manufacturing Slump Pulls Euro Area Near Stagnation; 49.5 from 51.4 / B *
Brazil – Q3: Crawls out of recession; +0.1%, -0.2% yr / FT / WSJ
US – Nov: ISM Manufacturing Index Slows Slightly; 58.7 from 59.0 / WSJ / B / R *
World – Fresh Signs of a Global Slump WSJ / E * *
Taiwan – Premier Resigns After Landslide Defeat WSJ / FT / NYT / R / AP / B / WSJ / FT
World – Swiss Voters Reject Initiative on Central-Bank Gold WSJ / B / WSJ *
World – India scraps gold import restrictions FT / WSJ
Cards – Rewards: The Deals Get Sweeter WSJ *
Cards – Prepaids Face More Oversight WSJ *
US – Soft New-Home Sales Weigh on Recovery WSJ *
US – Mortgage Lenders Set to Relax Standards WSJ *
Retail – Total Spending Fell 11% for Four-day Period, NRF Says WSJ / NYT *
Retail – Sales edge down at start of season: ShopperTrak R / FT
Retail – Online Sales Jump 22% B
Retail – Early opening eases US Black Friday rush WSJ / FT / NYT / R / NYT / B *
Retail – A Mix of Hope and Fear WSJ * *
Retail – Savings Rate Portends Healthy Holiday Spending WSJ *
Retail – Black friday mentions on the Bberg terminal / b *
Retail – “Black Friday” Mentions as a Percent of All Wire Stories / b *
Retail – Wal-Mart and Target Take Fight to Amazon WSJ
Retail – Surge of shoppers brings Black Friday chaos to UK FT / wsj / NYT / FT / WSJ
Retail – The End of the Impulse Shopper WSJ ** *
Retail – Accessories Are the Latest Fashion for Investors WSJ *
Internet – European Parliament Approves Google Breakup Resolution FT / WSJ / NYT / R / FT / R / B / R / FT / WSJ / B
Internet – China charges Microsoft $140m for tax ‘evasion’ FT
Internet – Europe Targets U.S. Web Firms WSJ *
Internet – Everybody wants to rule the world E * *
WTO – Reaches Deal to Modernize Global Trade WSJ / R
EU/US – Trade talks delay upsets Italy FT
Oil – Opec Leaves Production Target Unchanged WSJ / NYT / R *
Oil – Energy Quakes as Opec Stands Pat WSJ / FT / B / WSJ *
Oil – Opec’s Twist of Faith for Investors WSJ / NYT *
Oil – Opec may go into hibernation, reports of its death are exaggerated R *
Oil – Opec tests the mettle of US shale industry FT / R *
Oil – Opec Policy Ensures US Shale Crash, Russian Tycoon Says B / FT
Oil – Why cratering prices may not crush shale producers MW *
Oil – Nikkei: Prices are in for a protracted slump N *
Oil – Plunge is threat and boon to global economies AP / FT / G&M / B / nyt / FT *
Oil – Isis threatens future oil supplies, warns IEA FT * *
Europe – Swiss voters reject immigration curbs FT / WSJ / NYT
Europe – Study Finds Germany is Benefitting From Immigration WSJ
Europe – Relief in capitals at ‘reasonable’ UK plan to reduce immigration FT / FT / B
Europe – Cameron plans benefits block to stem flow of EU migrants FT / WSJ / B / WSJ
Europe – Net UK migration surges 43% FT * *
Europe – Attitudes to migration and where migrants live ft *
Keyboard-shaped waffle iron cnet *