- New car sales slowed in Europe in October, following the emissions scandal at Volkswagen (VLKAY). New car registrations, a reflection of sales, in the European Union rose 2.9% in October to 1.1 million vehicles. This was the slowest rate of growth since May.
- Greece reached a tentative deal with its creditors over measures to be implemented for the country to get a next tranche of money from its third bailout. The talks had been dragging on since an initial deadline of mid-October was exceeded.
- Revenues from commodities-related activities fell by 17% at the top 10 investment banks in the first nine months of the year, underscoring the strain placed on various businesses by the slump in commodity prices.
- Europe's second-largest low-cost airline, EasyJet (ESYJY), said it would buy more planes after its profit jumped by 22% in its financial year, which ended in September. Management said they would increase the dividend by 22%.
- The Kremlin confirmed that a bomb brought down a plane bound for Saint Petersburg that crashed in Egypt last month, killing all 224 people on board. The head of the Russia's security service the FSB said it was a "terrorist act."
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