CHRISTMAS SPIRIT: A child inspects a Christmas tree decoration in a shopping mall in Germany. On the fourth Sunday in Advent, many shops across the country were open for Christmas shopping. (David Ebener, AFP)
In other news
Ten years ago, the boss of Qatar Airways, who takes his first new A350 jet this week, warned Airbus it was flying off course.
European stock markets have risen, tracking gains in Asian and US equity markets, while Finland's Neste Oil outperformed after raising its guidance.
Oil-rich Arab Gulf countries have been standing firm against non-Opec crude producers, vowing they will not cut output nor hold an emergency cartel meeting.
Asian markets have tracked cues from Wall Street where stocks surged in a Federal Reserve-fuelled "Santa Claus rally".
Oil prices in Asia have extended a sharp rebound, with analysts predicting the sector has bottomed out after plunging almost 50% since June.
T-Mobile has agreed to pay at least $90m to settle US government claims that it bilked customers with bogus charges, according to US regulators.
Revenues from the Suez Canal have fallen to $442.8m in November from $482.3m in October, according to Egypt's state information website.
Saudi Arabia's oil chief has dismissed allegations that his kingdom conspired to bring down oil prices in order to harm other countries.