New car sales in the European Union reached a decade high in October. (WSJ)
Home Depot Inc. lowered its sales forecast for the year after quarterly same-store sales growth of 3.6% fell short of expectations. (WSJ)
Alibaba Group Holding Ltd. will stop collecting orders early for its $13 billion Hong Kong stock sale due to strong investor demand for shares. (WSJ)
The Trump administration extended a license allowing rural telecom providers to work with Chinese equipment maker Huawei Technologies Co. (WSJ)
Airbus SE is booking more orders for its narrow-body aircraft as Boeing Co.’s 737 MAX remains grounded. (WSJ)
Coty Inc. is paying $600 million for a controlling stake in Kylie Jenner's cosmetics startup. (WSJ)
About 3,200 Canadian National Railway workers went on strike at midnight after the freight railroad failed to reach with the union. (CBC)
The global liquefied natural gas market faces a supply glut amid slowing demand in countries such as China and Japan. (Reuters)
Singapore’s non-oil exports sank 12.3% in October in the eighth straight month of contraction. (Straits Times)
India is considering increased new infrastructure spending to boost sagging steel consumption. (Nikkei Asian Review)
Some ocean carriers are asking customers to begin paying a surcharge for new fuel costs starting Dec. 1. (Lloyd’s List)
Clarkson Research Services says new orders for cargo ships are down 40% this year. (Splash 247)
Hong Kong-based Kerry Logistics acquired Turkish forwarder Asav Lojistik Hizmetleri Anonim Sirketi. (Air Cargo News)
DHL opened a 431,000-square-foot sorting center near Dortmund, Germany, with capacity to handle 50,000 parcels an hour by next year. (eDelivery)
Kroger Co. bought 58 acres south of Kenosha, Wis., for $7.4 million for its latest highly-automated grocery distribution center. (Milwaukee Journal-Sentinel)
Amazon.com Inc. is leasing a 1 million-square-foot site as a fulfillment center for northern Mississippi. (WLBT)
U.S. truck-trailer orders soared to the highest level in nearly a year last month. (Commercial Carrier Journal)
An Israeli company says its technology can turn garbage into plastic pellets for reuse in manufacturing. (Washington Post)
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