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Global Markets: Global stocks rise ahead of U.S. Thanksgiving

By Commodity News Service Canada

WINNIPEG, Nov. 22 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally.

– Uber is under scrutiny after admitting it paid computer hackers US$100,000 to keep quiet about a massive data breach. The incident happened last year and resulted in the disclosure of personal information from approximately 57 million accounts. Phone numbers, email addresses and other personal bits of information were included in the breach.

– Global stocks surged ahead of the U.S. Thanksgiving holiday. U.S. indexes were particularly buoyant, powered by sharp gains in the technology and health-care sectors. Materials companies also chalked up gains. Overseas, the Hong Kong Hang Seng index hit above the 30,000 mark for the first time in a decade.

– Hewlett Packard Enterprise is getting a new CEO. Antonio Neri, who is currently serving as the company’s president, will succeed current CEO Meg Whitman. She has been acting as head of the company since 2011.

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