Finance News Update, what you need to know Breaking News World World November 4, 2013 - 7:11AM The Australian dollar is lower amid fresh talk that tapering of the US economic stimulus program should begin sooner rather than later. At 0630 AEDT on Monday, the local unit was trading at 94.36 US cents, down from 94.80 cents on Friday. And the Australian share market looks set to open higher following gains on Wall Street after solid US and Chinese manufacturing data and good US car sales figures. At 0645 AEDT on Monday, the December share price index futures contract was up 24 points at 5,414. WASHINGTON DC - US manufacturing output grew for the fifth straight month in October, suggesting stronger economic growth in the fourth quarter, an industry survey says. DAMASCUS - The Syrian industrial sector has lost $US2.2 billion ($A2.33 billion) since the war began 31 months ago, Industry Minister Kamaleddine Tohme said in a statement. PARIS - Fitch Ratings says it is upgrading the outlook on Spain's investment-grade "BBB" rating to "stable" thanks to progress in reforms and improved export performance. LONDON - EBay has apologised and removed about 30 items of Holocaust memorabilia from its listings after a British newspaper reported that items including a striped concentration camp uniform were on sale. LONDON - Barclays has suspended six traders while it investigates the possible manipulation of foreign exchange markets, a source says. OMAHA, Nebraska - Warren Buffett's company has reported a 29 per cent jump in third-quarter profit as it collected some of the proceeds from deals made during the financial crisis. LONDON - A British judge has laid down a letter of the law in a High Court row involving the maker of the Scrabble word game.