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UPDATE 3-U.S. auto sales on track for strongest-ever November

DETROIT, Dec 1- U.S. auto sales were on a path to posting their strongest November ever, helped by marketing promotions and strength in sport utility vehicles, according to monthly sales figures released by automakers on Tuesday. Nissan's U.S. sales chief, Dan Mohnke, added: "Black Friday has become a much bigger part of the auto industry over the last several years.
Source: Reuters | By: Bernie Woodall
18.19 million autos sold in November  

CNBC's Phil LeBeau reports that auto sales surpassed 18 million again, vs. 17.2 million last November.
Source: CNBC.com
UPDATE 1-U.S. judge imposes daily contempt fines on Bank of China

NEW YORK, Dec 1- A U.S. judge will impose a daily fine of $50,000 against Bank of China Ltd starting next week after holding it in contempt for refusing to turn over account information on Chinese customers accused of selling counterfeit luxury goods. Bank of China is not a defendant in the case. Bank of China contended that it cannot turn over the records without...
Source: Reuters | By: Jonathan Stempel
Toymaker VTech says data on 6.4 mln kids taken in unprecedented hack

BOSTON, Dec 1- Digital toymaker VTech Holdings Ltd said on Tuesday that data on about 6.4 million children was exposed in a hack of information on customers in more than a dozen countries. The largest number customers whose data was accessed were in the United States, followed by France, the United Kingdom, Germany, Canada, Spain, Belgium and the Netherlands.
Source: Reuters | By: Jim Finkle
Bank of China to face fines for contempt: US judge

A U.S. judge takes action against the Bank for China for contempt.
Source: Reuters
Stocks pare gains after manufacturing data shows contraction

U.S. stocks traded higher on the first day of trade for December, as investors eyed data ahead of major central bank news expected later in the week.
Source: CNBC.com | By: Evelyn Cheng
US bonds rise amid data; central banks eyed

U.S. sovereign bonds rose on Tuesday, as investors digested data and kept an eye on major central banks.
Source: CNBC.com | By: Katy Barnato
Bank of China to face daily fines for contempt-U.S. judge

NEW YORK, Dec 1- A U.S. judge has imposed a $50,000 daily fine against Bank of China Ltd after holding it in contempt for refusing to turn over account information of Chinese customers accused of selling counterfeit luxury goods. The records sought involve Chinese entities that were sued in 2010 by Gucci, Yves Saint Laurent, Bottega Veneta and other unit of Paris-...
Source: Reuters
Puerto Rico takes dramatic step to avoid default

Puerto Rico's governor unveiled an extraordinary fiscal measure in order to avoid defaulting on its debt.
Source: CNBC.com | By: Dawn Giel
Cyber Monday sales top $3 bln as discounts spur buyers

Dec 1- 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. online sales. Top-selling items included Lego Star Wars, the Barbie Dream House, Samsung 4 k television sets and Apple Inc's iPad Mini.
Source: Reuters | By: Sruthi Ramakrishnan and Subrat Patnaik