- Trump to present vision for U.S. strategy in Afghanistan war (Reuters)
- Trump Struggles to Move Past Bannon, Starting With Afghanistan (BBG)
- Final Plans Under Way as Solar Eclipse Nears (WSJ)
- Yellen, Draghi Head to Jackson Hole Amid Inflation Unease (BBG)
- Moscow calls U.S. visa move attempt to stir up unrest in Russia (Reuters)
- Cohn Solidifies Lead in Race to Replace Yellen, Economists Say (BBG)
- Britain confident of moving onto second phase of Brexit talks (Reuters)
- First Round of Talks to Revamp Nafta Reveals Friction (WSJ)
- Ten Sailors Missing After U.S. Warship Crash Near Singapore (BBG)
- ADP Rejects Board Nominees From Ackman’s Pershing Square (WSJ)
- Marchionne’s Fiat Review Spurs Great Wall Interest in Jeep (BBG)
- Sempra Energy Reaches Deal to Buy Oncor After Outbidding Berkshire (WSJ)
- Total Buys Maersk Oil for $5 Billion (WSJ)
- China Banks’ Interbank Lending Falls for First Time Since 2010 (BBG)
- ‘America First’ protesters face off with opponents at California beach rally (Reuters)
- Texas university removes ‘white supremacy’ statues overnight (Reuters)
- China’s Great Wall confirms interest in Fiat Chrysler (Reuters)
- Imam Emerges as Suspect in Barcelona Attack (WSJ)
- Lebanon foiled suicide bomb attack on Australia-Abu Dhabi flight (Reuters)
- Intel Says New PC Chip Is ‘Once-in-a-Decade’ Performance Boost (BBG)
- Uber raises Hong Kong fares amid legal tangles (Reuters)
- Your Car Is Now Worth Less Than You Think (BBG)
- Rosneft, Trafigura close $12.9 billion purchase of India’s Essar Oil refinery (Reuters)
Overnight Media Digest
WSJ
– Opening-round talks to remake the North American Free Trade Agreement revealed early fissures dividing the U.S. from Mexico and Canada, including a Trump administration proposal to require a “substantial” portion of autos and auto parts produced under the pact be made in the U.S. on.wsj.com/2ijkBlt
– Sempra Energy has reached a deal to buy Oncor for $9.45 billion after swooping in to snatch the power-transmission company away from Warren Buffett’s Berkshire Hathaway Inc . on.wsj.com/2iijqmf
– Ten U.S. sailors were missing and five were injured after the guided-missile destroyer USS John S. McCain collided with a merchant vessel near the Straits of Malacca and Singapore, U.S. Navy officials said, making it the second destroyer accident in just over two months. on.wsj.com/2ijplHG
– The Samsung conglomerate is pressing ahead with efforts to build a full-fledged prescription-drugs business, inking a deal with Takeda Pharmaceutical Co to develop novel drugs for hard-to-treat diseases. on.wsj.com/2iimI8S
– Electronic Arts Inc and the National Football League are teaming up to create an annual videogame tournament aimed at a different kind of esports competitor: the player sitting at home on the couch. on.wsj.com/2ijOe66
– Jerry Lewis, the frantic funnyman whose knack for broad comedy took him from the Borscht Belt of upstate New York to the pinnacle of 20th-century stardom, has died, according to his manager. He was 91. on.wsj.com/2ij2uff
FT
This week UK will propose a “new and unique” court to oversee post-Brexit relations between the Britain and the European Union, as the Conservative government tries to force the pace of exit talks.
BT Group Plc’s EE is planning to threaten the telecoms regulator Ofcom with a High Court challenge on Monday, over its planned auction of mobile spectrum.
Three asset managers — Union Investment, Erste and Acadian — have banned investments in German carmakers from some of their funds, after Brussels announced an investigation of alleged industry collusion.
Britain’s National Grid Plc has warned that using a powerful and fast electric car charger at home will trip a main fuse if owners use other “high demand” energy items, such as kettles, ovens and immersion heaters, at the same time.
NYT
– Prodigy Finance, the lender that makes loans to international postgraduate students, said on Sunday that it had raised $40 million in new equity financing. It also said it had secured a $200 million credit line from an undisclosed bank. nyti.ms/2vVs7pL
– Preservation Foundation of Palm Beach and the Palm Beach Zoo and Conservation Society became the latest nonprofit groups to cancel galas at President Donald Trump’s Mar-a-Lago Club in Palm Beach, Florida. nyti.ms/2xhMUmZ
– Apple Inc, Facebook Inc and Google have signaled to Hollywood that they are serious about entering a television landscape that Netflix Inc and Amazon.com Inc shook up just a few years ago. Their arrival will make an already hypercompetitive industry even more ferocious. nyti.ms/2x5brvZ
– For the past five months, a group of litigants has been trying to hold Andrew Anglin, the founder of the neo-Nazi website the Daily Stormer, to account for some of his actions. Serving him papers has been a daunting task. nyti.ms/2fXZbcG
– Marketing specialists and risk management consultants predict that it would be difficult for Tiki to move past the perception that it had been embraced by racist organizations after bamboo torches produced by Tiki Brand were used to light the way by white nationalists protesting the removal of a statue of Robert E. Lee in Charlottesville, Virginia. nyti.ms/2fWTRq9
Canada
THE GLOBE AND MAIL
** As the Canada-Europe free-trade deal comes into force, Maersk Line is adding new service between Montreal and ports on the Mediterranean Sea in a bid to tap new flows of goods. tgam.ca/2vRZVpu
** The United States has formally demanded the Chapter 19 dispute resolution panels favoured by Canada be scrapped from the NAFTA and broached the thorny subject of government procurement and contracting in the first round of trade talks. tgam.ca/2vRC4WF
** Former Haisla Nation chief councillor Ellis Ross has said an international consortium led by Royal Dutch Shell Plc is committed to crunching numbers to determine the economic viability of the LNG Canada project in Kitimat. tgam.ca/2vROKwL
NATIONAL POST
** After controversial events were canceled at two Toronto campuses this week, Conservative Party Leader Andrew Scheer said universities have the right to decide which “outside groups” they give platforms to. bit.ly/2vRskMj
Britain
The Times
– IVP, a venture capital firm based in Silicon Valley which has backed Snapchat, Twitter and Netflix, is understood to be in advanced talks to invest tens of millions of pounds in Transferwise. bit.ly/2ij4zrC
– O2 Chief Executive Mark Evans has told BT Group Plc and Three that a dispute about the airwaves could damage the economy and harm consumers. bit.ly/2ij4Nis
The Guardian
– Plans to hit rail commuters with the biggest fare rises in five years will force many key workers, including nurses and teaching assistants, to quit their jobs, the biggest public-sector union Unison warned on Saturday. bit.ly/2ihrSSF
– Silver Reel, the Swiss finance and production company behind films including the upcoming Breathe, Andy Serkis’s directorial debut featuring Andrew Garfield and Claire Foy, is launching a 50-million-euro ($58.76-million) fund to make TV drama in Britain, taking advantage of the weakening of the pound since the Brexit vote. bit.ly/2ijrUcy
The Telegraph
– The Financial Times has reported a small profit for its first year under Japanese ownership, following its debt-fuelled 844 million pound ($1.09 billion) takeover by the publisher Nikkei. bit.ly/2iiLZA4
– Glennmont Partners, formerly BNP Paribas Clean Energy Partners, said the institution-only refinancing of Sleaford Biomass Plant is the largest of its kind in the sector to date. bit.ly/2iiX3Nu
Sky News
– IVP, whose roll-call of deals includes Snapchat parent Snap, Twitter and Netflix, is close to a deal to invest tens of millions of pounds in TransferWise. bit.ly/2ihq785
– More than a third of parents dip into their savings to fund back-to-school costs of almost 175 pounds, according to Nationwide Current Accounts’ annual survey. bit.ly/2iiQ3jG
via http://ift.tt/2v79Gx4 Tyler Durden