26 November – 30 November

26 November

Growth in Japan’s manufacturing sector slowed to a two-year low in November, according to a preliminary reading.

US stock futures were tipping Wall Street for solid opening gains on Monday amid a rally in crude prices and as retail stocks get a lift from Black Friday sales data showing a strong start to the holiday shopping season.

The UK’s competition watchdog has raised concerns about the merger of US payments company PayPal and Swedish start-up iZettle, saying the tie-up could push up prices and reduce the range of services on offer to customers.

One of China’s few independent economic think tanks has been forced to cease operations in the latest sign of Beijing’s growing intolerance of dissent as economic growth slows amid an ongoing trade war with the US.

27 November

Wall Street futures were pointing lower on Tuesday morning in the wake of President Donald Trump threatening to expand the US’s trade war with China.

Hedge funds have more than tripled their bets against the oil price since the beginning of October, amassing the largest short position against crude in more than a year as prices have tumbled.

Shares in casino operator Genting Malaysia slid to a seven-year low on Tuesday after the company said it was suing Twenty First Century Fox and Disney for terminating an agreement over a theme park outside Kuala Lumpur.

Line Corp shares jumped on Tuesday after a report the Tokyo-listed messaging app operator would enter a tie-up with Tencent to provide mobile payments in Japan.

28 November

Britain’s small towns and communities have missed out on a surge in foreign direct investment in the past 20 years, new analysis shows.

French beauty retailer L’Occitane has attracted interest from global private equity groups including Advent International, raising the prospects of a bid to take over a company with a market value of $2.7bn.

GlaxoSmithKline has entered into exclusive negotiations to sell its nutrition business to Unilever, ending a multi-month auction process for the $4bn unit that includes the prized Horlicks malted drink brand popular in India.

Soyabean prices bounced back on Tuesday as traders continued to weigh the prospect of the US and China reaching a trade war truce at the G20 summit later this week.

29 November

Swiss gross domestic product in the third quarter of the year fell 0.2 per cent compared to the previous quarter as a slowdown in European growth hit trade.

Car production in the UK dropped by almost 10 per cent in October — the fifth consecutive month of declining output — as falling sales in Britain and mainland Europe hit the country’s automotive plants.

Investors in the five largest UK property funds have more than £4bn of exposure to the country’s struggling stores and shopping centres, which analysts say could shed as much as 20 per cent of their value by the end of 2019.

Wall Street was in the black ahead of remarks by Federal Reserve chair Jay Powell as investors continue to hold their nerve on trade as the G20 summit nears.

30 November

US President Donald Trump and his Chinese counterpart Xi Jinping are set to meet on Saturday on the sidelines of the G20 meeting to discuss to the rumbling trade war between the two countries, but analysts’ expectations are low for a resolution.

Nvidia’s share price over the past five years is a good representation of the frenzy about artificial intelligence that has occurred over the same period. From the start of 2014 until September, Nvidia’s price rose by more than 1,500 per cent. Since then, its shares have roughly halved in value.

Brazil’s economy grew at its fastest pace in 18 months during the third quarter as the country bounced back from a crippling trucker strike and providing a fillip to the incoming government of Jair Bolsonaro.

Manolete, a UK business that finances or acquires insolvency disputes, is to float on London’s junior market.  The company has raised £29.4m for the IPO, which will give it a market capitalisation of £76.3m when it lists in December.