Today’s Issue Cluster: Commodities
Uber – Taxi Medallion Prices Are Plummeting
Coal – India: Even More Polluted Than China
Pharma – Lawmakers Look at Rising Cost of Generic Drugs
Germany – Oct: Industrial Orders Pick Up; +2.5% from +1.1% / AP / WSJ / B *
US – Nov: Payrolls best since 1999; +321k from +243k / FT / NYT / B *
US – Oct: Factory orders fall for third straight month; -0.7% from -0.5% / R / AP
US – Oct: Trade deficit drops; -$43.4b from -$43.6b / AP / R / WSJ
Commods – CTAs riding high on back of tumbling oil FT *
Commods – Slump puts brakes on resource-dominant FTSE 100 FT *
Commods – Investors keep trimming inflation hedges FT *
Commods – El Niño set to cause worries FT
Commods – Miners ‘Covering Their Eyes’ on China Cliff B
Commods – Industrial metals beat wider slump FT * * *
India – Aims to Shed Its ‘Fragile’ Label WSJ * *
India – Doubt cast on Modi’s quest to find black money overseas FT * *
India – Modi’s BJP-Controlled States Become Labs for Contentious Reform WSJ
India – Green shoots of reform from Rajasthan R *
India – Hamstrung banks are a barrier to faster economic growth E *
ECB – Draghi looks to QE despite governing council split FT / NYT / B / WSJ * * *
Machinery – Crops’ Course Puts Deere in Headlights WSJ / FT / B / WSJ * *
Uber – Now Valued at More Than $41b WSJ / FT / NYT *
Uber – Goldman offers clients service FT * * *
Uber – Taxi Medallion Prices Are Plummeting nyt / cd *
Rail – Roads Sound Alarm Ahead of Chicago Gridlock Redux B
Rail – Canada Maintains Rules on Grain Transport WSJ / FP / CBC
Crops – Farmers Foil Investors That Bet on Corn, Soybean Price Drop WSJ *
Crops – Canada wheat exports dogged by quality complaints R *
Crops – China’s Grain Farmers Have a Field Day WSJ *
Crops – Ivory Coast set to lead cocoa processing FT
Crops – Cheaper beans set to dominate as Asians thirst for instant coffee R *
Coal – India: Faster Clearances to Double Production WSJ
Coal – India: Even More Polluted Than China nyt *
Coal – China: Zero Emissions Pledged but Failed C
Coal – China: Coal conversion plants sap emissions targets FT * *
Coal – Germany: Targeting coal plants to reach 2020 climate goals R / FT / AP / NYT / WSJ
EU – Falls behind US as top destination for skilled migrants FT
US – Losing Luster as Top Destination for Skilled Migrants wsj *
World – The migration numbers game FT * * * * * * * * *
Pharma – Lawmakers Look at Rising Cost of Generic Drugs NYT
Pharma – New Cracks in India’s Drug Pipeline to US B
Pharma – ‘Superbugs’ Kill India’s Babies and Pose an Overseas Threat NYT
The race to the center of the city N *
