💼 The World Bank is abandoning its Doing Business report over ethical concerns. It has accused former CEO Kristalina Georgieva, who is now Chair of the IMF, of applying pressure to boost China’s position in the ranking. https://bloom.bg/3Cn6zU6

💵 Victims of Bernard Madoff's Ponzi scheme are about to get the first payouts since he died in jail, with a fund preparing to send out $568 million in checks. https://bloom.bg/3lA4qNM

⏬ And Chinese e-commerce tycoon Colin Huang has lost more wealth than anyone in the world, over $27 billion, after Beijing cracked down on internet giants. https://bloom.bg/2YZRc5n

Hello 👋 here are some of our top stories today:

🏘 The global housing market is broken — and is dividing entire countries. https://bloom.bg/3EvgAAi

💸The 25 wealthiest families on the planet added $312 billion to their collective fortunes, a 22% gain since last August. https://bloom.bg/3zoxmgL

🦇 Bats in Laos were found to carry coronaviruses that share a key feature with the pathogen that causes Covid-19, moving scientists closer to finding what causes the virus. https://bloom.bg/3zkfy6h

🇨🇦 Breaking: Justin Trudeau is poised to win a third term as Canada’s prime minister, staving off a stiff challenge from his Conservative rival. https://bloom.bg/3lN1iOT

🥊 A global stocks rout hit the world’s biggest fortunes. The richest 500 people lost a combined $135 billion on Monday. https://bloom.bg/3AnEFqh

🚨A selloff continues in Asia as investors worry about the debt crisis engulfing Chinese property developer Evergrande, among other risks. Here's how markets are moving: https://bloom.bg/3zneej3

Hello, here’s what we’re following:

🏦 A first-year analyst at Goldman, whose father is vice chairman of a major client, ignited a junior banker uprising earlier this year. He played a key role in assembling the unauthorized slide deck that laid out trainees’ frustrations and then went viral. https://bloom.bg/2ZkAX37

🇭🇰 Hong Kong has quietly widened the national security law with a small shift in language. Films, charities and other organizations are now at risk for anything “contrary to” the city’s security interests. https://bloom.bg/3kugLE5

💬 Why is everyone talking about Evergrande? It’s China’s biggest financial worry right now and is quickly becoming a problem elsewhere. Here’s what you need to know. https://bloom.bg/2W1dX81

💉 People over 65 and high-risk adults can receive a Pfizer booster in the U.S., the FDA said. Scientists have been divided over the need for a third vaccine dose. https://bloom.bg/3u1Ia3o

🔙 The U.S. Federal Reserve signaled it may start withdrawing emergency pandemic support for the economy and revealed a growing inclination to raise interest rates in 2022. https://bloom.bg/3ABmKwj

💰 And Apple store employees will get bonuses of up to $1,000 next month, a rare move following the company's rocky efforts to get retail operations back on track. https://bloom.bg/3o3mSkP

🍸 China sentenced the former chairman of liquor giant Moutai to life in prison for taking $17.5 million in bribes. https://bloom.bg/3EPXTHB

📉 Female MBA grads in the U.S. earn $11,000 less than their male peers, a study found. The gap widens to more than $60,000 a decade out from graduation. https://bloom.bg/3zxKRdX

💱 And here’s what China’s Evergrande crisis could mean for your money: https://bloom.bg/3CJPsfo

➕ Exclusively for Bloomberg.com subscribers: Sign up for our new Deals newsletter to get the latest news and analysis on everything from startup investing to the growing world of SPACs. https://bloom.bg/3kzYncJ

🚫China’s central bank said all cryptocurrency-related transactions are illegal and must be banned, sending the strongest signal yet on its determination to crack down on the industry. https://bloom.bg/2XZjNrj

🇨🇳The nation’s economic planning agency said it is an urgent task for China to root out crypto mining and the crackdown is important to meet carbon goals. The announcement sent Bitcoin, Ether and other digital tokens tumbling. https://bloom.bg/3kzDeQa

📉Meanwhile, cryptocurrency stocks also declined. Argo Blockchain slumped 10% in London, while Bitcoin miner Northern Data lost 2% in Frankfurt. https://bloom.bg/39xilif

🇩🇪 Germany’s elections failed to produce a clear winner. The two major parties, Finance Minister Olaf Scholz’s Social Democrats and the conservative bloc under Armin Laschet, are both plotting their next moves to secure the chancellery. Follow the latest: https://bloom.bg/3lZ4Q0p

🔌 China’s next economic shock — a power crunch — may be just around the corner. https://bloom.bg/3lVNZf0

💵 Looking to invest in Asia? Ideas from our expert panel vary widely, from companies that make EV parts to those that deliver soy milk to the booming middle classes. https://bloom.bg/39BZEdg

⛽ Europe’s energy crisis is coming for the rest of the planet. https://bloom.bg/3id4QsF

🇩🇪 Germany’s Olaf Scholz urges the Greens and Free Democrats to join him in government as soon as possible. https://bloom.bg/3oczdU2

🇺🇸 A U.S. child-care crunch could leave some mothers behind as they look to rejoin the labor force. https://bloom.bg/3m2q1ib

😷 The U.S. raised Covid risk levels to “moderate” in Hong Kong — which has posted zero local infections since August — and “high” in Singapore. https://bloom.bg/3CXiUP7

🔌 Supply chains have been snarled by soaring costs for raw materials, long port delays and shortages of shipping containers. Now add China’s energy crisis to the mix ahead of the holiday season. https://bloom.bg/3m6riol

👩‍💻 Harvard Business School moved all first-year and some second-year MBA students to remote learning after a “steady rise” in breakthrough Covid infections. https://bloom.bg/3uixcGO

💡 🌍 Europe’s energy supply shortages will likely get worse just as the winter season starts. https://bloom.bg/3uiY4GE

☕ 🇧🇷 The country that makes breakfast for the world has been scorched, frozen and then dried out by the worst drought in a century. It’s an ominous warning of what’s to come. https://bloom.bg/3kOvqtT

💷 Female investment bankers in the U.K. make just 56% of the money their male colleagues do. https://bloom.bg/3D8or5x

Hello 👋 Here’s what we’re following right now:

📊 The world’s wealthiest family is revealing $5 billion worth of its stock picks. The Waltons kept their investments quiet for years, but that’s proving increasingly harder to do. https://bloom.bg/3ETu6xM

⛏ China is running out of coal, which means higher prices for the rest of the world. https://bloom.bg/39JgXsQ

🇮🇪 And Ireland is now the best place to be during the pandemic, while Southeast Asian nations remain the worst. See how your country fared in our Covid resilience ranking: https://bloom.bg/3ukbO3X

🗠 Insider trading is everywhere. So far, no one seems to care. https://bloom.bg/3ihatGo

⛽ The U.K. will deploy the government’s reserve tanker fleet on Wednesday to help ease its fuel crisis. https://bloom.bg/3zRdNxT 🇬🇧

🇨🇳 China’s hidden local government debt has surged to more than half the size of its economy, Goldman Sachs says. https://bloom.bg/3kQD5YJ

🎮 Developers that are making games for an upcoming Nintendo 4K console were surprised to learn that the latest model of the Switch... won’t support 4K graphics. https://bloom.bg/3kTFm5f

🇺🇸 U.S. Senate Majority Leader Chuck Schumer said lawmakers reached a deal to avoid a government shutdown on Friday, extending government spending until Dec. 3. https://bloom.bg/3F3Zgm5

🇭🇰➡️🇨🇳 The exodus of Hong Kong bankers to China is accelerating — in part because of the city’s strict quarantine measures. https://bloom.bg/3uqPENF

🇺🇸 U.S. President Joe Biden is set to avoid a disruptive shutdown of the federal government, but deal-making continues on his economic agenda. https://bloom.bg/3uqmkqh

🗠 The risks facing investors and the global economy are growing. Here’s what three titans of the financial industry are most worried about. https://bloom.bg/3kUkefn

🥬 Japan’s next prime minister has gone viral with an unusual photo. https://bloom.bg/2Y4BHJ7

🇺🇸 Breaking: House Democrats delayed a vote on a bipartisan $550 billion infrastructure deal, hours after President Joe Biden signed a stopgap funding bill to avert a government shutdown on Friday. https://bloom.bg/3F1C1JD

🔌 China ordered its top state-owned energy companies — from coal to electricity and oil — to secure supplies for this winter at all costs, sources say. https://bloom.bg/3l424YN

🙅‍♀️ Australia does worse than Kazakhstan, Serbia and Zimbabwe on women’s participation in the economy — and it’s costing the country billions. https://bloom.bg/39Um0Xq

🇺🇸 U.S. House Speaker Nancy Pelosi plans to try again Friday for a vote on infrastructure legislation that’s been held up by a battle over President Biden’s economic agenda. https://bloom.bg/3utaXxQ

📈 Inflation in the euro area is at a 13-year high. There’s more to come. https://bloom.bg/3oov1QV

👜 The $2.5 trillion fashion industry wasn’t spared the wrath of the pandemic. Here’s how Covid-19 is transforming it. https://bloom.bg/3meKbWk

Hello 👋 Here’s what we’re following today:

⛔️ Shares in Evergrande and its property management unit were suspended from trading in Hong Kong on Monday. Follow the latest developments: https://bloom.bg/3l8OhA9

💉 Anthony Fauci said the U.S. is turning the corner on the current Covid surge and more people need to get vaccinated to keep infections declining. The key risk is the 70 million eligible people who still haven’t gotten a shot, he added. https://bloom.bg/3uDD0L7

📢 A Facebook whistleblower who leaked thousands of internal documents unveiled herself as Frances Haugen, a former product manager who has accused the company of placing profits over users’ well-being. https://bloom.bg/3A9Rqnr

🇺🇸 The U.S. is moving closer to its first-ever default with neither political party in Washington yet signaling it’s ready to back down. https://bloom.bg/3AcuST0

🇬🇧 This was supposed to be the year the U.K. broke free of the EU and forged ahead as a buccaneering free trader. Instead, it’s struggling to find enough workers and facing its toughest winter since the 1970s. https://bloom.bg/3D9shuV

🛢️ OPEC+ remains very much in control of the oil market as ministers gather later Monday for a meeting amid a worsening global energy crunch. https://bloom.bg/3owKm2e

⚫️ Facebook, WhatsApp and Instagram suffered a devastating outage that shut out many of its 2.7 billion global users. The apps started coming back online at about 5:45 p.m. New York time, more than six hours after problems began. https://bloom.bg/3Df5ZrY

💵 Mark Zuckerberg lost more than $6 billion in a matter of hours as Facebook’s stock plummeted on Monday. https://bloom.bg/3a96eIi

📉 A global selloff in stocks continued in Asia on Tuesday. Here’s what else is moving markets: https://bloom.bg/2YeXTQI