EU sends mixed signals to scale-hungry corporates Margrethe Vestager is sending mixed signals to scale-hungry European corporates. The competition commissioner may wave through a Dutch mobile merger, Reuters reported, but impose concessions that could sink Siemens and Alstom’s rail tie-up, says the FT. That’ll disappoint politicians and bankers hoping to build EU champions to counter America and China. -Reuters

Global lawmakers turn up heat on Facebook The international hearing underscores how broadly anger with the social network has spread around the world. In an international hearing held at the British parliament Tuesday, lawmakers from eight countries spent two hours grilling a senior Facebook executive over the social networking giant’s role in misinformation, election meddling and the company’s oversized role in Western democracy. -Politico.eu

What, and who, are France’s “gilets jaunes”? Yellow-jacketed protesters have blocked roundabouts and motorway toll booths nationwide -The Economist

Black Friday: Amazon workers' union calls strike German trade union Verdi has called for strikes on one of busiest days of the year for Amazon. Workers want to use the day to draw attention to poor working conditions at the online retail giant. -DW

Six months in, Europe’s privacy revolution favors Google, Facebook GDPR awakened the world to the importance of data — but it’s dampened investment in European tech startups. -Politico.eu

German transport minister ready to welcome Uber by 2021 Germany's transport minister has said he wants to ease rules on car-pooling companies such as Uber. The US company has failed to take off in the country — its freelance driver-based model runs afoul of existing laws. -DW

BMW chief says considering second U.S. manufacturing plant -Reuters

BMW Wins Ride-Hailing License In China It said that BMW becomes “the first global automaker to obtain such a license in the fast-growing market.” The report also said that “BMW Mobility Service Ltd., a fully owned subsidiary of the BMW Group, obtained its ride-hailing license in Chengdu, the capital of Sichuan province in China’s southwest.” -Pymnts.com

What do Iranian's think of US sanctions? The BBC's James Landale went to Tehran's Grand Bazaar to see what people think of stringent sanctions re-imposed after Donald Trump pulled out of the Iran nuclear deal. -BBC (video)

Shell and Eni’s scandal-plagued oil deal will deprive Nigeria of $6bn, experts estimate Amount is more than double the combined education and healthcare budget of Nigeria -The Independent

John Magufuli: Tanzania prefers 'condition-free' Chinese aid -BBC


3 Words and $3 Trillion: The Inside Story of How Mario Draghi Saved the Euro On July 26, 2012, the European Central Bank president drew a line in the sand and framed his legacy. -Bloomberg 

Putin: instability forcing countries away from dollar settlements President Vladimir Putin said on Wednesday that Russia was not aiming to stop settling deals using the U.S. dollar, but that instability in dollar-based settlements was forcing many world economies to think about moving to non-dollar settlements. -Reuters

The EU Is More Worried About Italy Than Brexit And, by far, Italy is a more pressing—and existential—issue for Brussels than Britain. A founding member of the EU and the euro single currency, Italy has long been one of the most pro-EU countries. But its nationalist-led government is now straining at the bloc’s budget constraints. -Bloomberg

Brussels can handle losing London, but it really wants to keep Rome.

UK government, Bank of England to spell out no-deal Brexit risks for economy The National Institute of Economic and Social Research has said May’s Brexit deal — which foresees Britain striking a trade agreement with the EU or remaining in a customs union — is likely to mean the economy will be 3.9 percent smaller by 2030 than if it stayed in the EU. -Reuters

The Eurozone Economy’s Coming Downturn Until recently, the prevailing narrative in Europe was that the economic crisis was over. But there are signs that the eurozone may be facing an economic slowdown – a development that could change significantly the discourse leading up to next May's European Parliament election. -Project Syndicate