- FBI in Internal Feud Over Clinton Probe (WSJ)
- As Clinton struggles, Trump tries to raise doubts (Reuters)
- Dollar shakes off Clinton FBI scare, global stocks stay spooked (Reuters)
- Oil slides as non-OPEC nations demure on output limit plan (Reuters)
- Mark Carney stands ready to serve 8-year term at Bank of England (FT)
- Clinton Team Questions FBI Director’s Motive (WSJ)
- OPEC Splits Prevent Deal With Other Producers to Curb Supply (BBG)
- After a Blockbuster Election, CNN and Fox Plot Their Next Moves (BBG)
- Once the hope candidate, Obama in his final days faces a hopeless electorate (WaPo)
- Banks Are Hoarding $2.4 Trillion of Bonds (BBG)
- Iraqi forces resume offensive towards eastern Mosul (Reuters)
- There Are 5.6 Million Cheap Apartments in America. Not for Long (BBG)
- China as Factory to World Mulls the Unthinkable: Price Hikes (BBG)
- CenturyLink to buy Level 3 Communications for $19.43 billion (Reuters)
- Vatican and China Inch Toward a Diplomatic Breakthrough (WSJ)
- British murder accused Jutting ‘sexually assaulted’ at school (AFP)
- Yellen Imitates Greenspan in Reversal of Mid-1990s Rookie Role (BBG)
- Pro-Russian candidate to face second round in Moldova presidential vote (Reuters)
- Germany welcomes foreign takeovers, but wants fair conditions: Merkel spokesman (Reuters)
- Pirate Party Surge Falls Short as Icelanders Back Stability (BBG)
- Miami baseball star Fernandez was drunk, had cocaine in system at fatal crash (Reuters)
- MGM Resorts ready to bet up to $10 billion on Japan casino, possibly via REIT (Reuters)
Overnight Media Digest
WSJ
– As federal agents prepare to scour roughly 650,000 emails discovered on a laptop for possible links to Hillary Clinton’s private server, the case lays bare tensions within the FBI and the Justice Department over how to investigate the Democratic nominee. http://on.wsj.com/2ftZLO7
– The roughly $30 billion deal between General Electric Co and Baker Hughes Inc, expected to be announced on Monday, would create an energy powerhouse, giving General Electric a cost-effective way to play any recovery in the industry. http://on.wsj.com/2fuU2HL
– A disc inside the Boeing 767’s engine violently broke apart, touching off a wide-ranging probe into certain General Electric Co engines. http://on.wsj.com/2f7BCZb
– Negotiators for the Vatican and Beijing reached a compromise on who selects Catholic bishops in China, said people familiar with the matter, potentially marking a major step toward ending six decades of estrangement. http://on.wsj.com/2eoptz5
– Australia and New Zealand Banking Group is shifting its focus in Asia to its institutional banking operations with a deal to sell its retail and wealth businesses in the region to Singapore’s DBS Group Holdings Ltd. http://on.wsj.com/2eSDdTl
– Pakistan’s government vowed to prevent an opposition political protest planned for next week, amid tension between the administration of Prime Minister Nawaz Sharif and the country’s powerful military. http://on.wsj.com/2f1GtNb
– Airstrikes carried out by a Saudi-led military coalition killed at least 60 people at a security complex in Yemen that housed prisoners and staff, the country’s Houthi rebels said. http://on.wsj.com/2ftf9tY
FT
Bank of England Governor Mark Carney is ready to serve a full term of eight years, despite critics campaigning for him to resign ahead of time.
The UK business secretary said the government is seeking a deal to shield Britain’s car manufacturing industry from the impact of Brexit by guaranteeing tariff-free access to Europe.
Deutsche Bank AG is preparing to sell its entire stake in Las Vegas gaming group Red Rock Resorts Inc, to give the bank’s balance sheet a boost.
Standard Chartered Plc is in advanced talks over a Chinese joint venture in aviation financing that will aim to help the country’s airlines pay for the $1tn-worth of new aircraft they are set to buy in the next two decades.
Credit Suisse Group AG is in talks with another bank about a cost-sharing project to unlock a new level of savings as it tries to offset rising costs.
NYT
– Japan’s three largest shipping companies agreed to merge their container businesses, as the industry struggles with overcapacity and weakened trade around the world. http://nyti.ms/2fvge4w
– The European Union and Canada signed a far-reaching trade agreement on Sunday that commits them to opening their markets to greater competition, after overcoming a last-minute political obstacle that reflected the growing skepticism toward globalization in much of the developed world. http://nyti.ms/2eSNIpV
– Google is locked in a six-year battle with Europe’s antitrust officials. And the stakes for both sides are getting higher. http://nyti.ms/2fv9682
– Consolidated Edison plans to ask state regulators this week for permission to install solar panels on some of its buildings in the city and to share the benefits with needy customers. http://nyti.ms/2fvaVlJ
Canada
THE GLOBE AND MAIL
** Toronto-Dominion Bank has made a preliminary offer of about C$600 million ($448.43 million) to buy wealth management firm Richardson GMP Ltd, according to people familiar with the sale process. http://bit.ly/2fmhYxJ
** Canada’s telecom regulator Canadian Radio-television and Telecommunications Commission will take a close look at its policy on net neutrality as a public hearing begins this week on internet pricing practices that allow access to certain content for “free” but charge customers regular rates for other data usage. http://bit.ly/2fmkkwC
** A software program at the Vancouver School Board has triggered a host of problems since it was introduced in 2015, including employees being paid for vacation or sick leave for which they were not entitled, according to a memo dated Sept. 16. http://bit.ly/2fmjbVI
NATIONAL POST
** The Ontario Securities Commission has approved a settlement Friday that will see Canadian Imperial Bank of Commerce pay clients of its investment dealers more than C$73 million ($54.53 million) as reimbursement for charging them excess fees, in some cases for more than a decade. http://bit.ly/2fmmwUS
** Cenovus Energy Inc hopes the next phase of its Christina Lake oilsands facility will be the first project to resume construction following the downturn – but at a much lower cost, CEO Brian Ferguson said in an earnings call last week. http://bit.ly/2fmoVin
Britain
The Times
Pharmaceuticals giants want the government to plug a 1 billion pound-a-year funding gap that will be created when Britain leaves the EU, as part of a list of demands being drawn up by big business after last week’s deal with Nissan. http://bit.ly/2fuI5BL
HSBC Holdings Plc is in talks with the Bank of England over a deal that could release more than 5 billion pounds trapped in its Chinese business. http://bit.ly/2fuEqDV
The Guardian
The EU and Canada signed a free trade deal on Sunday that was almost derailed last week by objections from French-speaking Belgians, exposing the difficulties of securing agreement from 28 member states as Britain prepares for Brexit talks. http://bit.ly/2fuCFXo
The GMB union has accused Uber Technologies Inc of misleading its drivers by claiming last week’s tribunal decision on working conditions only affects two drivers involved in the case.
The Telegraph
Pharmaceutical companies will leave the UK unless the Government and the NHS start to pay for breakthrough drugs, particularly cancer treatments, a senior executive at AstraZeneca Plc said. http://bit.ly/2fuH4d6
Sky News
Long queues formed at Asda check-outs after customers across the UK were unable to pay with their cards. The company said all of its 626 UK stores were affected “at one point or another” during the day by the problem with its card payment system. http://bit.ly/2fuIyUC
KKR & Co LP backed Trans European Oil & Gas is pressing IGas Energy to divest its conventional resources arm, which comprises producing assets in the east Midlands and the Weald Basin in the south of England.
The Independent
Theresa May and her Cabinet ministers are pursuing a “make it up as they go along” strategy for Britain’s exit from the European Union, according to John McDonnell. http://ind.pn/2fuJR5T
via http://ift.tt/2eLPY4r Tyler Durden