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US bonds fall as ‘safe haven’ bid wanes

U.S. sovereign bonds declined on Tuesday, as so-called safe haven assets declined and equities rallied.
Source: CNBC.com | By: Katy Barnato
Wall Street looks set to follow Asia stocks higher

U.S. stock index futures rose on Tuesday as Wall Street looked set to follow Asian markets higher, despite further weak Chinese factory data.
Source: CNBC.com | By: Katy Barnato
Europe mixed; jobless rate falls; Linde down 14%

European equities were mixed in morning trade on Tuesday despite new figures on euro zone unemployment.
Source: CNBC.com | By: Holly Ellyatt
UPDATE 1-India eyes steady steps, not "big bang," towards freer rupee

MUMBAI, Dec 1- India is taking steady steps towards an increasingly free currency, Reserve Bank of India governor Raghuram Rajan said on Tuesday, but it will avoid a "big bang" liberalization. China's accession to the International Monetary Fund's benchmark currency basket on Monday was seen as a victory for Beijing's campaign for recognition, and puts the yuan...
Source: Reuters
RV industry completes turnaround after stalling in recession

LOUISVILLE, Ky.— After a long, bumpy ride, production of RVs has just about returned to where it was before the Great Recession put sales in the slow lane. Overall recreational vehicle shipments from manufacturers to dealers— a key measure of consumer demand— are expected to increase 3.5 percent to 369,100 units in 2015, the Recreation Vehicle Industry...
Source: The Associated Press | By: By BRUCE SCHREINER, Associated Press
California's top oil regulator quits after controversies

SAN FRANCISCO— California's chief oil regulator announced his resignation after 17 months as head of the embattled agency, including a criticized episode in which he directed state workers to investigate the oil and gas potential of Gov. Steve Bohlen, the state's oil and gas supervisor, is leaving the Division of Oil, Gas and Geothermal Resources to return to...
Source: The Associated Press | By: By ELLEN KNICKMEYER, Associated Press Writer
UK panel: Heathrow plans must address air quality issues

LONDON— Britain's government should not give the go-ahead for the expansion of Heathrow until airport officials can show they will comply with air quality, noise and other environmental concerns, a parliamentary committee report said Tuesday. Heathrow and rival Gatwick, 30 miles south of central London, have offered competing projects that will cost as much...
Source: The Associated Press | By: By DANICA KIRKA, Associated Press
UPDATE 2-India cbank keeps rates on hold, more easing seen as challenging

*Focus to shift to CPI target of 5 pct by March 2017. MUMBAI, Dec 1- India's central bank kept its key lending rate unchanged on Tuesday, leaving the door open for more easing but making that dependent on meeting a challenging inflation target for 2017.. But he said the focus of monetary policy would shift towards achieving consumer inflation of 5 percent by March...
Source: Reuters | By: Suvashree Choudhury and Rafael Nam
Asian equities close higher; Nikkei hits 20,000

Asian markets closed mostly in positive territory as investors shrugged off a lower finish on Wall Street and a miss on China PMI.
Source: CNBC.com | By: CNBC.com staff
OPEC: Are we going to see a Saudi change of heart?

What do you do when you your carefully crafted plan simply doesn't pay off? Do you abandon it, cut your losses and risk losing face?
Source: CNBC.com | By: Carolin Roth