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Manufacturing Slows Sharply In China

November data show that with export orders down and backlogs shrinking, factories are cutting workers.
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Chesapeake Suffers From Dilution

The natural gas producer’s shares slide as it readies equity offerings to bolster expansion.
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Partridge, pear tree, etc.: $86,609

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AIG Group has sold its Swiss-based private bank to an investor group from Abu Dhabi, its first significant disposal since it was taken over by the US government in a massive bail-out
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Royal Dutch Shell last year suffered more workforce deaths than any other large western oil company, with a rate of fatalities twice as high as BP’s
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Detroit’s auto bubble pain

Automakers are counting on a rebound in demand by 2010. But that could turn out to be unrealistic because of an “auto bubble” the Big Three helped to create during the past few years.
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Barclays Capital has embarked on a drive to build a global equities operation in an effort to re-establish its position in a business that it abandoned a decade ago
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Gome’s Going?

New CEO indicates he’d favor selling the retailer.
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Baidu faces wave of legal challenges

Baidu looks set to face a wave of legal challenges as a group of lawyers is organising a mass complaint against the Chinese internet search engine’s business practices
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Volvo and Saab ask Sweden for aid

General Motors and Ford want to bolster the two marques’ finances in anticipation of selling them as the Detroit carmakers grapple with a cash crunch
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Black Friday bargains lift sales

Aggressive price-cutting by retailers over the Thanksgiving holiday brought economically battered shoppers into stores in droves, according to spending estimates for the weekend that marks the symbolic start of the US shopping season
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Moscow seeks to mend Cuban ties

Russia wants to show that it is prepared to meddle in Washington’s backyard, in response to US support for governments such as Ukraine and Georgia that Russia considers to be part of its sphere of influence
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Canadian lenders not immune

Several, if not all, of Canada’s big five banks are expected to announce big writedowns this week as part of their results for the fiscal year ended October 31
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America’s 200 Largest Charities

Our 10th annual ranking of the biggest nonprofits in terms of private donations.
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Japan’s economy is unlikely to respond to a planned fiscal stimulus but will have to endure higher unemployment and possibly a return to deflation and shrinking output, according to Kaoru Yosano, economy minister
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Zardari urges united stand

Asif Ali Zardari, Pakistan’s president, made an urgent appeal to India not to punish his country for the terror unleashed on Mumbai, warning that militants had the power to precipitate a war in the region
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Citigroup to sell NikkoCiti Trust

Citigroup is poised to sell NikkoCiti Trust and Banking Corporation, its trust bank in Japan, as part of a global move to raise badly needed funds through asset disposals and restructuring measures
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Many of the desperately poor in Dhaka, Bangladesh’s capital, are forced to buy water from private sellers. But WaterAid is working to change policy and extend public access
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Auto workers chief asks for U.S. aid

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The US wants to defuse tensions with other Nato member states about when exactly Georgia and Ukraine will become members of the 26-member alliance by focusing on the internal political and security reforms that both countries must accomplish before they can join the organisation
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Obama signals bipartisan message

When the president-elect unveils his national security team, he is expected to be flanked by Hillary Clinton, his former Democratic presidential rival, Robert Gates, the current defence secretary, and retired general James Jones, former Nato commandant
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Money flowed into equity mutual funds in the latest week, reversing the outflow of the previous week, according to data released a fund research firm.
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Caveat Vendor

American stores are dropping prices to lure holiday shoppers; the squeeze on profit margins is apt to strangle some of them.
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Holiday shopping off to higher start

Early indications pointed to slightly higher sales, both online and at stores, as the crucial holiday shopping season kicked off this weekend in the midst of a major economic downturn.
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Thai rally fuels fears of violence

Thousands of supporters of Thailand’s government held a rally, bringing a new and combustible element to a political deadlock that is edging closer to open violence
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