- Merkel’s Bloc Regroups After ‘Nightmare Victory’ in Germany (BBG)
- Germany’s Election Results Reflect European Unease on Economy, Immigration (WSJ)
- Chastened Merkel looks for coalition partners after vote (Reuters)
- Jews around world concerned by far-right breakthrough in German election (Reuters)
- Iraqi Kurds Vote in Independence Referendum (WSJ)
- GOP Revises Obamacare Repeal With Bill Headed to Likely Defeat (BBG)
- Trump Tax Plan to Cut Taxes for Corporations and Wealthy (BBG)
- Trump’s Revised Travel Ban Opens New Stage in Legal Fight (BBG)
- Trump’s War With NFL Threatens to Overshadow Rollout of Tax Plan (BBG)
- Trump’s NFL Anthem Crusade Angers Big Campaign Donors (BBG)
- China Eyeing Rule Change That Could Aid Tesla (WSJ)
- Springsteen Tickets Hit $10,000, and Wall Street Gets Scalped (BBG)
- Equifax’s Massive Hack Has a Tiny Silver Lining (BBG)
- Colleges Move to Close Gender Gap in Science (WSJ)
- iPhone Disappointment Hammers Suppliers (BBG)
- Funding Tesla Annoys Automakers That Need Electric Car Credits (BBG)
- Department Stores Cling to Power Over Landlords on Mall Upgrades (BBG)
- In World’s Hottest Oil Patch, Jitters Mount That a Bust Is Near (BBG)
- GE Agrees to Sell Industrial Unit to ABB for $2.6 Billion (WSJ)
- Activist Funds Seek Ouster of Tuesday Morning CEO (WSJ)
- Unilever to Buy Korean Skin-Care Firm for $2.7 Billion (WSJ)
Overnight Media Digest
WSJ
– President Donald Trump on Sunday issued a new ban on entry to the U.S. that applies a range of restrictions on nationals from eight countries, including new targets Chad, North Korea and Venezuela. on.wsj.com/2fpx1ay
– Uber Technologies Inc is pushing to meet the London regulator which on Friday said it would refuse to reissue the ride-hailing company’s operating license there. on.wsj.com/2xpal19
– Two investment funds are calling for new leadership at Tuesday Morning Corp, the latest in a series of activist campaigns targeting chief executives. on.wsj.com/2xpjsPq
– Chancellor Angela Merkel’s conservative alliance won the German election, but a steep drop in its support and an anti-immigrant party’s surge signaled political turbulence ahead for Europe’s largest economy. on.wsj.com/2frWa4G
– Donald Trump’s son-in-law and adviser Jared Kushner has used a personal email account to correspond with colleagues in the White House, his attorney confirmed on Sunday. on.wsj.com/2fri6fY
– Senate Republican leaders appeared to face a difficult path to reviving their repeal of the Affordable Care Act, after Senator Susan Collins of Maine said she could not envision voting for the bill. on.wsj.com/2wMeLzP
FT
Uber Technologies Inc said it was willing to discuss how to better support police investigations and to strengthen official reporting procedures for private hire companies, in an attempt to resolve the issues that prompted Transport for London to revoke its licence to operate in London.
In one of the most high-profile prosecutions ever brought by the Serious Fraud Office, three former Tesco Plc will stand trial on Monday for their alleged role in an accounting scandal in which Tesco was found to have inflated its profit by 326 million pounds ($440 million) in 2014.
UK opposition leader Jeremy Corbyn was accused of making Labour a “laughing stock” by an MP from his party after Corbyn used his support group Momentum to prevent delegates at the annual conference from getting a vote on Brexit — even as he claimed to be making the party more democratic.
The Labour Party’s John McDonnell will on Monday introduce a policy to put a cap on credit card interest payments to tackle Britain’s debt crisis, a measure that would be similar to restrictions imposed on payday lenders by the Financial Conduct Authority.
NYT
– The U.S. Commodity Futures Trading Commission is shifting its law enforcement strategy and expects to increasingly look to banks and other financial institutions to come clean on their own about misconduct and problems in the market. nyti.ms/2fJWw3d
– U.S. President Donald Trump on Sunday issued a new order indefinitely banning almost all travel to the United States from seven countries including most citizens of Iran, Libya, Syria, Yemen, Somalia, Chad and North Korea. nyti.ms/2xzbkeF
– The revised version of the health bill, authored by Senators Lindsey Graham of South Carolina and Bill Cassidy of Louisiana, would provide extra money for an unnamed “high-spending low-density state,” a last-minute change seemingly aimed at Alaska and its holdout Republican senator, Lisa Murkowski, who has yet to say how she will vote. nyti.ms/2wgfS6m
Canada
THE GLOBE AND MAIL
** Canadian authorities have started to collaborate with their Swedish counterparts in the continuing corruption investigation into Bombardier Inc’s $340-million contract to sell railway equipment in Azerbaijan. tgam.ca/2hs3Lgz
** Donald Trump’s unpredictable personality and hostile opposition to free trade is looming over NAFTA talks as Prime Minister Justin Trudeau and his negotiating team remain uncertain as to what the U.S. President wants from a reformed pact, or whether he would even sign a deal and risk alienating his base. tgam.ca/2htFTZU
** In a survey of 53 companies conducted by Nanos Research for the American Chamber of Commerce, U.S.-headquartered firms operating in Canada said their biggest concerns about the bilateral trading relationship involve U.S. protectionism. tgam.ca/2htkfVI
NATIONAL POST
** More than half of Canadians think rising interest rates will negatively impact their personal finances, but only about a quarter of them have an emergency fund to deal with any potential hardship according to a new poll by Forum Research Inc. bit.ly/2hsc5Ah
Britain
The Times
The credibility of an expert witness put up by the pharmaceuticals industry has been shot down by the National Institute for Health and Care Excellence in a legal row over drugs pricing, according to court papers obtained by the Times. bit.ly/2fKKoix
A row over a confidential regulatory report into the activities of Royal Bank of Scotland Group Plc’s restructuring division has descended into farce after television presenter Noel Edmonds claimed to have a copy. bit.ly/2fKtwse
The Guardian
Royal Bank of Scotland has postponed plans to introduce a cut-price credit card amid concerns about the 200 billion-pound of lending amassed by UK households. bit.ly/2fKbFSa
UK’s antislavery body has launched 185 investigations since May, nearly double its total for the whole of last year, after assuming powers that allow it to look beyond the food and farming sector. bit.ly/2fKA3Dq
The Telegraph
The boss of the Chinese-backed private equity firm behind a proposed 550 million pound ($743 million) takeover of Imagination Technologies Plc is already eyeing further acquisition opportunities in UK. bit.ly/2fKI7nF
The pay gap between male and female managers is worsening with women earning an average 12,000 pounds less than their male colleagues, according to figures from the Chartered Management Institute and XpertHR. bit.ly/2fIBphN
Sky News
Carlyle, the buyout firm whose British investments include the RAC breakdown service, is close to entering a period of exclusivity during which it would seek to conclude a takeover of tobacco supplier Palmer & Harvey. bit.ly/2fK52zg
U.S. taxi firm Uber Technologies Inc could stay on the road if it met the “reasonable” demands set out by Transport for London, senior Labour frontbencher Diane Abbott has said. bit.ly/2fKD6vk
The Independent
Britain’s Labour Party is to announce plans for a broad cap on the total interest anyone can pay to a credit card company, potentially helping some three million Britons trapped in a debt spiral. ind.pn/2fKcGJX
via http://ift.tt/2xAf3Z8 Tyler Durden