- Dollar dips, stocks fall as Trumpflation trade pauses (Reuters)
- A profile of RenTec’s Medallion fund: Inside a Moneymaking Machine Like No Other (BBG)
- Mattis, Christie, Giuliani in contention for top posts (Reuters)
- Paulson’s Big Long: A Bet on Trump Yields Power and Profit (BBG)
- Ex-PM Fillon is favorite to win French conservative presidential ticket (Reuters)
- In weekend of deliberation, Mattis favored for Trump Pentagon chief (Reuters)
- Citigroup Leads U.S. Banks Higher in Global Systemic Risk List (BBG)
- Obama says urges a wait-and-see approach on Trump proposals (Reuters)
- Obama Seeks to Bolster Iran Deal (WSJ)
- Russia to deploy S-400 and Iskander missiles in Kaliningrad: RIA cites senator (Reuters)
- Trump Said to Discuss Treasury Post With Blackstone’s Gray (BBG)
- Trump’s Offshore Cash Plan Will Benefit Investors Not Jobseekers (BBG)
- British PM May says knows firms do not want ‘cliff edge’ after Brexit (Reuters)
- Why Saudi Arabia’s Oil Giant Aims to Be Big in Chemicals, Too (WSJ)
- ECB’s Costa says populism, protectionism creating uncertainty (Reuters)
- Advertisers Search for Middle America (WSJ)
- Symantec to Buy LifeLock for $2.3 Billion to Add ID Security (BBG)
- Boral Buys Headwaters For $1.8 Billion in Infrastructure Bet (BBG)
- Pope extends power to forgive abortion to all Roman Catholic priests (Reuters)
- Two police officers shot in San Antonio, St. Louis; a suspect killed (Reuters)
- Police clash with North Dakota pipeline protesters, arrest one (Reuters)
Overnight Media Digest
WSJ
– The Obama administration is considering new measures in its final months in office to strengthen the landmark nuclear agreement with Iran, senior U.S. officials said, with President-elect Donald Trump’s first appointments foreshadowing an increasingly rocky road for the controversial deal. http://on.wsj.com/2fvAqiR
– Former Massachusetts Gov. Mitt Romney “is under active and serious consideration” to be Donald Trump’s secretary of state, Vice President-elect Mike Pence said Sunday, a move that would moderate the direction of the president-elect’s national security team inside a rapidly expanding administration. http://on.wsj.com/2gbiCLk
– Saudi Arabian Oil Co’s plans to vastly expand its petrochemical operations are part of the kingdom’s effort to remake its economy as oil’s future clouds. http://on.wsj.com/2gyTyS8
– Iraqi women who escaped from the Islamic State-held city of Mosul described strict rules and harsh treatment by militants who made them prisoners in their homes and rendered them essentially invisible. Girls as young as nine were forced to comply with a strict all-black dress code. http://on.wsj.com/2fuluBO
– Advertisers are grappling with a stark realization: After spending years courting U.S. consumers with aspirational images of upscale urban living, they may have misjudged the yearnings of much of their audience. http://on.wsj.com/2fSpAEd
– Republicans’ race to rewrite the U.S. tax code on the heels of this month’s election relies on years of work that is suddenly-and quite unexpectedly-poised to pay off. http://on.wsj.com/2gcT7ZX
– Computer-security-software maker Symantec Corp has agreed to acquire LifeLock Inc, a seller of identity-theft protection services, for $2.3 billion in cash, the companies said Sunday. http://on.wsj.com/2g87TA4
– Mark Zuckerberg late Friday outlined several steps Facebook Inc is testing to fight misinformation, an acknowledgment that the social network could be doing more to avoid its proliferation. http://on.wsj.com/2gbUict
FT
– After accusations that the spread of fake news on Facebook may have affected the outcome of the presidential election, Mark Zuckerberg published a detailed post describing ways the company was considering dealing with the problem. He said the company’s news feed team was looking into better automated detection tools including third-party verification services, and simpler ways for users to flag suspicious content. http://nyti.ms/2gtUpTm
– World Health Organisation said remaining hospitals on the rebel-held side of Aleppo, Syria, have been badly damaged and forced to stop providing care amid an intensifying bombardment. Bombs launched by the Syrian government over the past three days seriously damaged two general hospitals that were providing trauma care in the war zone and hit the only children’s hospital. http://nyti.ms/2gtPp19
– Transition officials said President-elect Donald Trump’s wife, Melania, and their 10-year-old son, Barron, will not immediately move to the White House after Trump takes office in January, out of concern for uprooting Barron in the middle of the school year. http://nyti.ms/2gu1Cmc
NYT
– After accusations that the spread of fake news on Facebook may have affected the outcome of the presidential election, Mark Zuckerberg published a detailed post describing ways the company was considering dealing with the problem. He said the company’s news feed team was looking into better automated detection tools including third-party verification services, and simpler ways for users to flag suspicious content. http://nyti.ms/2gtUpTm
– World Health Organisation said remaining hospitals on the rebel-held side of Aleppo, Syria, have been badly damaged and forced to stop providing care amid an intensifying bombardment. Bombs launched by the Syrian government over the past three days seriously damaged two general hospitals that were providing trauma care in the war zone and hit the only children’s hospital. http://nyti.ms/2gtPp19
– Transition officials said President-elect Donald Trump’s wife, Melania, and their 10-year-old son, Barron, will not immediately move to the White House after Trump takes office in January, out of concern for uprooting Barron in the middle of the school year. http://nyti.ms/2gu1Cmc
Canada
THE GLOBE AND MAIL
** The B.C. government will consider proposals to impose higher property taxes on investors who buy agricultural land then reap huge tax benefits intended for farmers, not wealthy speculators. https://tgam.ca/2gcuBIE
** The federal government has approved a redress system to protect Canadian travelers, including children who can’t board airline flights due to aviation security lists. https://tgam.ca/2gcwq8J
** Stornoway Diamond Corp is selling its first cluster of Quebec gemstones this week, the introductory auction of what it believes will be a strong market for its diamonds in the years ahead as overall industry supply begins to dwindle. https://tgam.ca/2gcvqS0
NATIONAL POST
** McDonald’s Canada said it would become the exclusive provider of brewed coffee on all WestJet flights starting Nov. 21, an international first for its McCafé brand. http://bit.ly/2gcwaGM
Britain
The Times
* Leigh Fisher, a management consultancy firm which advised the UK government over the Hinkley Point nuclear power project has been accused of a potential conflict of interest after it emerged the same company was also working for EDF. http://bit.ly/2g7YIiZ
* One of the biggest auctions of mobile-phone spectrum could be launched this week in a deal that could rake in at least 1 billion pounds for the UK Treasury and is likely to attract intense interest. http://bit.ly/2g7TyDw
The Guardian
* The Serious Fraud Office is asking a London employment tribunal to hear an unfair dismissal claim by a former senior banker at Barclays in private. http://bit.ly/2g7VXxV
* The mayor of London Sadiq Khan has written to Volkswagen imploring the car manufacturer to “fully compensate” the capital’s residents affected by the emissions scandal. http://bit.ly/2fhTOT3
The Telegraph
* Balkan Zinc is planning the first full stock-market float of a miner in London since 2013, with a view to raising 10 million pounds. It expects to have a free float of around 60 pence and a market cap of 25 million pounds. http://bit.ly/2fhQh77
* The Association of British Insurers have called on the British government to help them crack foreign markets as part of efforts to foster global trade following the EU referendum. http://bit.ly/2fhV3Sh
Sky News
* British machinery rental firm Hewden has lined up the professional services firm EY to act as administrator to the Manchester-based company, according to sources. http://bit.ly/2g7q4FV
* British telecom service provider Daisy is expected to announce a 180 million pounds takeover of Alternative Networks as soon as Monday, according to sources. http://bit.ly/2g7hsiq
The Independent
* Morrisons has cut the price of unleaded petrol to 99.9 pence a litre in a move expected to trigger a price war between supermarket rivals. http://ind.pn/2g7W3FO
via http://ift.tt/2eXxVtv Tyler Durden