Must Reads Eurozone Economy Grew More Slowly Than Previously Estimated: The eurozone economy grew more slowly than previously estimated during the three months through September, held back by a decline in exports while a buildup in stocks boosted activity. France’s Macron, Astride the Globe, Overlooked Swelling Anger at Home: French President Emmanuel Macron has tended to respond to outrage over high fuel taxes with lectures rather than sympathy. After the weekend’s violence, he had to back down, postponing a tax increase. Deutsche Bank Defends Itself With Stock Near All-Time Low: Deutsche Bank, its shares trading near all-time lows, sought to reassure investors about the German bank’s stability following a fresh wave of negative news, including a surprise raid on its Frankfurt headquarters last week. Huawei Arrest Sparks Retaliation Fears Among U.S., European Companies: Executives of foreign firms operating in China are bracing for potential blowback from Chinese authorities following the arrest of Huawei Technologies finance chief. HSBC Monitor Flagged Suspicious Huawei Transactions to Prosecutors: A federally appointed overseer at HSBC flagged suspicious transactions in the accounts of Huawei to prosecutors seeking the extradition of the Chinese company’s CFO. Fiat Chrysler Appoints Auto Veteran to Lead North American Operations: Fiat Chrysler Automobiles named a former executive at the auto supplier now called ZF TRW as its new chief of North American operations. U.S. Military Plane Flies Over Ukraine in Warning to Russia: The Pentagon said it carried out a rare flight over Ukraine under the international Open Skies Treaty to “reaffirm U.S. commitment to Ukraine” amid heightened Russia-Ukraine tensions. Prosecutors Looking at Turkey Lobbying by Michael Flynn’s Ex-Firm: Federal prosecutors are scrutinizing Turkey’s U.S. lobbying and the companies that backed a pro-Turkey initiative handled by President Donald Trump’s first national security adviser, according to people familiar with the matter. |