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Situational awareness:

  • An early measure of eurozone manufacturing shows output falling to the lowest level since December 2012, with Germany's manufacturing sector slumping to its lowest reading in more than a decade. (MarketWatch)
  • SoftBank’s Masayoshi Son is said to be in favor of removing Adam Neumann as WeWork’s CEO, following a tumultuous lead up to the company's expected IPO and other calls for his resignation. (CNBC)
  • British travel group Thomas Cook said it has gone into administration, leaving 150,000 travelers stranded abroad as it halted trading and operations. (Axios)
  • Indonesia will fault design flaws and lax U.S. oversight in its first formal statement on the Boeing 737 MAX jet that crashed in October killing 189 people, according to people familiar with the draft. (WSJ)