| Narrowing path | Democrats' chances of taking control of the Senate were greatly diminished after several vulnerable Republican incumbents including Joni Ernst in Iowa and Steve Daines in Montana fended off well-financed Democratic challengers. Democrats did take Senate seats from Republicans in Colorado and Arizona, but they lost one in heavily Republican Alabama. Several races remain too close to call. Click here for live results. No Blue Wave? | Democrats are projected to keep control of the U.S. House, but with at least six incumbents losing their seats, the party is falling far short of pre-election expectations of an expanded majority. Speaker Nancy Pelosi could even be left with less room to maneuver. Key election links:  Customers watch monitors on election night at a restaurant in Mexico City. Photographer: Cesar Rodriguez/Bloomberg Don't miss the biggest election headlines as they happen. Download Bloomberg's app for Android or for iOS and turn on push notifications. Global HeadlinesPolitical cost | Boris Johnson is set to push a fresh virus lockdown for England through Parliament, facing down rebels in his ranks who reject the erosion of civil liberties the restrictions entail. The prime minister for weeks opposed another lockdown as a "nuclear" option and ridiculed the opposition for demanding one; his U-turn sparked concerns among business leaders and anger within his party. - Brexit negotiators begin a four-day break today, with time running out to reach a deal on future trading arrangements between the U.K. and the European Union.
Shock and awe | China's stunning suspension of Ant Group's $35 billion initial public offering is just the start of a campaign to rein in the fintech empire controlled by Jack Ma. Authorities are setting their sights on Ant's credit platforms that funnel loans from banks and other financial institutions to millions of consumers across China, sources say. That would render many of Ant's existing transactions non-compliant. - Read about the extraordinary events that threw the future of Ant into doubt.
- Ma was set to become Asia's richest person; instead, his net worth sank almost $3 billion.
 The mascot for Ant at the company's headquarters in Hangzhou in October 2019. Photographer: Qilai Shen/Bloomberg Rumors of war | Saying "the red line is crossed," Ethiopian Prime Minister Abiy Ahmed declared a state of emergency in the Tigray region and ordered a military response to attacks on a federal defense camp by forces he said are linked to the governing party there. As Samuel Gebre reports, it's the latest sign the central government is struggling to end ethnic violence wracking Africa's second-most populous country. What to Watch -
Italy plans to impose a ban on people leaving or entering cities and towns facing a high risk from the coronavirus and a nationwide 10 p.m.-to-5 a.m. curfew from tomorrow until Dec. 3. -
EU finance chiefs hold a second day of talks by videoconference focusing on anti-money-laundering measures and terrorist funding. - Poland's government is stalling the implementation of a high court ruling that effectively bans elective abortion and has triggered some of the biggest demonstrations since the fall of communism.
And finally ... Protesters took to the streets in several U.S. states, with police arresting 14 in Minneapolis for "probable cause riot" after demonstrators spray painted buildings and set off fireworks. More than 300 marched through Portland in what appeared to be a continuation of protests against police violence. In Los Angeles, authorities declared an unlawful assembly after about 100 demonstrators tried to move onto the I-10 Freeway. Seattle police made about eight arrests.  Demonstrators detained near the Staples Center in Los Angeles yesterday. Photographer: Patrick T. Fallon/Bloomberg |
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