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5 Things You Need To Know, Today, on Friday 5th November 2021
5. Eric Adams, mayor-elect for New York City, has said he would like his first three pay checks in bitcoin.
Mr Adams said on social media that he wanted to signal his intention to make New York the "centre of the cryptocurrency industry".
4. Fresh concerns have been raised about China's property sector as Kaisa Group has become the latest developer to miss a payment to investors.
Kaisa said it was facing unprecedented pressure on its finances due to a challenging property market and this comes as rival developer Evergrande Group is still reeling under the weight of more than $300bn (£222bn) of debt.
3. Sainsbury's says supply issues won't hit Christmas and that it's in a "good position" amid worker and supply chain challenges.
The supermarket said its size, logistics operations and supplier relationships put it in good stead.
2. MPs have called for investigations into the owners of Liberty Steel and boss Sanjeev Gupta in a bid to avert another crisis in the industry.
Auditors that signed off the accounts at Liberty's parent GFG Alliance should also face questions, MPs on the business committee say in a report.
1. Customers are Christmas shopping early, retailer Marks & Spencer has said, with nearly half expecting to have finished gift shopping by the end of November.
Rival John Lewis said that many people are planning big family get-togethers after lockdowns last Christmas.
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