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Foreign automakers taken to task in China over dealers' bloated inventories
Foreign automakers in China may struggle to dictate sales goals in the future after dealers complained to the government that inflexible targets set during a market boom obliged them to buy too much stock and bear the brunt of a drop in demand.
Stock futures tick lower; S&P 500 at closing record
U.S. stock index futures were slightly lower on Tuesday, suggesting the market's recent trend of slight moves and low volume would continue in the next-to-last trading day of the year.
As oil falls, Russia choked by military, social spending
Russian authorities are facing some unpalatable options as they try to keep the economy afloat - unless they can persuade President Vladimir Putin to curb massive military spending.
U.S. agency gives quiet nod to light oil exports - sources
The main U.S. export authority is telling some oil companies that they should consider exporting a lightly processed form of crude oil called condensate without formal permission, according to people familiar with the discussions.




