Chinese industrial profits surge by almost 30 per cent in October as the manufacturing sector clocks its sixth consecutive month of growth since the pandemic. Hungary and Poland dig their heels in over ‘rule of law’ concerns to deny resolution over the EU budget and potentially delay recovery funds. Polish PM Mateusz Morawiecki warns member states they are threatening the break-up of the bloc. U.S. markets point to a calm open after Thanksgiving, despite President Trump claiming vaccine delivery for emergency workers and seniors can begin next week. Trump also said he will concede the White House if the Electoral College confirms its final results early next month.  

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