- At least 50 dead in Las Vegas shooting (Reuters)
- Spanish PM faces crisis after violent secession vote in Catalonia (Reuters)
- Trump Rejects Dialogue With North Korea (WSJ)
- HP Enterprise let Russia scrutinize cyberdefense system used by Pentagon (Reuters)
- Automakers Plan Electric Car Blitz as Tesla Burns Billions (BBG)
- Brent falls to below $56 on signs of higher output (Reuters)
- The Man Who Exposed College Basketball (WSJ)
- China’s bitcoin market alive and well as traders defy crackdown (Reuters)
- Trump Plan Aims New Foreign Tax at Multinationals (BBG)
- Two women deny murdering North Korean leader’s half-brother (Reuters)
- Google Plans to Help News Publishers Increase Subscriptions (WSJ)
- Russia’s central bank says lenders Otkritie and B&N Bank may merge: TASS (Reuters)
- Monarch Files for Insolvency in U.K.’s Biggest Airline Failure (BBG)
- Capitalism is the only way, UK finance minister says in challenge to Labour (Reuters)
- At the Center of the Equifax Mess: Its Top Lawyer (WSJ)
- Police questioned suspect in Marseille knife killings prior to attack (Reuters)
- ISIS Reportedly Calls for Attacks on N.Y. Jewish Museum Over Kurdish Exhibit (Haaretz)
- For some elderly Americans, mortgage rules herald harder struggle (Reuters)
- Hall, Rosbash, Young Win Nobel Prize in Physiology or Medicine (BBG)
- How we tick: U.S. ‘body clock’ scientists win Nobel medicine prize (Reuters)
- Would You Buy 7 Percent Bonds From This Guy? (BBG)
- Britain will lobby U.S., Canada over Bombardier dispute: Hammond (Reuters)
- Hudson River Trading Is Exploring Possible Deal to Buy Sun Trading (WSJ)
Overnight Media Digest
WSJ
– Google Inc said it will end this week its decade-old “first click free” policy that required news websites to give readers free access to articles from Google’s search results. on.wsj.com/2hGUh4G
– Monarch Airlines announced it has entered into administration, saying that as of Oct. 2, all its flights have been canceled and it is no longer operating. on.wsj.com/2hGjOv0
– Rio Tinto Ltd said it had completed a pilot run spanning nearly 62 miles with trains operated by individuals in an air-conditioned control room hundreds of miles away. on.wsj.com/2hGo9hG
– Global Logistic Properties Ltd on Monday announced plans to acquire a portfolio of assets in Europe for 2.4 billion euros ($2.82 billion). on.wsj.com/2hGGew7
– Oracle Corp co-founder Larry Ellison took aim at Amazon Inc’s cloud-computing division, touting his company’s newest database technology that he claimed his rival can’t match. on.wsj.com/2hGycDx
FT
Prime Minister Theresa May’s attempt to showcase a new youth-friendly policy agenda at the Conservative party conference on Sunday was overshadowed by a row over Boris Johnson’s leadership ambitions and criticisms of her flagship housing scheme and tuition fee proposals.
Renters paid about 54 billion pounds ($72.30 billion) to buy-to-let investors across the UK over the 12 months to the end of June, more than double the amount of mortgage interest paid to banks by homeowners, according to new figures by the estate agency group Savills.
Legal action by BT Group Plc and Three threatens to derail Britain’s “golden opportunity” to take a lead in the race to launch 5G next-generation mobile services, chief executive of UK telecoms regulator Ofcom Sharon White wrote in the Financial Times on Sunday.
The Catalan government said more than 2 million people had cast a ballot in a banned referendum to leave Spain on Sunday and 90 percent of them had voted in favour of independence.
NYT
– Under intense scrutiny from federal investigators and the public, Facebook Inc said on Sunday that it planned to turn over more than 3,000 Russian-linked advertisements to congressional investigators on Monday. nyti.ms/2x9KL16
– S. I. Newhouse Jr., who as the owner of magazines like the New Yorker, Vogue, Vanity Fair and Architectural Digest wielded vast influence over American culture, fashion and social taste, died on Sunday at his home in Manhattan at the age of 89. nyti.ms/2xPR9cB
– U.S. President Donald Trump undercut his own secretary of state on Sunday, calling his effort to open lines of communication with North Korea a waste of time, and seeming to rule out a diplomatic resolution to the nuclear-edged confrontation with Pyongyang. nyti.ms/2g2g9UG
– The Chinese government has been clamping down on virtual currency activity at the same time that hundreds of thousands of Japanese have thrown themselves into Bitcoin trading, making Japan’s main Bitcoin exchange, bitFlyer, the largest in the world in recent weeks by some methods of counting. nyti.ms/2xRnfV7
– Alphabet Inc’s Google is working on new tools that could help news organizations bolster their subscription businesses. nyti.ms/2yhQaTN
Canada
THE GLOBE AND MAIL
** Sears Canada Inc will ask the Ontario Superior Court on Wednesday to approve a number of sales, including some that would result in 11 more stores closing and 1,200 more employees losing their jobs after the outlets are liquidated. tgam.ca/2fDeWCt
** SemGroup Corp, the U.S. company known for transporting, storage and processing oil and gas, could jettison its asphalt business in Mexico as it looks to expand its footprint in Alberta, British Columbia with a C$500 million ($400 million) investment. tgam.ca/2fDaMur
** Alberta and Ontario raised their mandatory minimum hourly wage over the weekend, pay increases aimed at reaching C$15 an hour. Alberta’s minimum rate went up by C$1.40 to C$13.60 on Sunday, while Ontario’s level rose by 20 cents to C$11.60. tgam.ca/2fDf4Sn
NATIONAL POST
** Loblaw Companies Ltd said that the company is exploring the possibility of offering grocery home delivery one day and has “engaged” a number of e-commerce innovators around the world, including Instacart. bit.ly/2fDa7Jt
** Housing affordability in Canada hit the worst level in 27 years in the second quarter of this year, according to a Royal Bank of Canada report. The Toronto area was the hardest hit, where RBC says affordability declined the most compared to the previous year. bit.ly/2fD9W0L
** Two men are dead after a shooting outside of a nightclub in downtown Toronto early Sunday morning. Police say they were called to the scene shortly after 3 am. bit.ly/2fCthiC
Britain
The Times
The Financial Reporting Council has come under renewed pressure over alleged conflicts of interest after it emerged that a former KPMG partner who works for the regulator had driven through a change in the rules that may later have helped to clear his erstwhile employer over the HBOS audit. bit.ly/2xIuwaC
Chancellor Philip Hammond should enhance tax breaks for investment to bolster confidence among businesses at a time when optimism about the future is falling, the Institute of Directors has claimed. bit.ly/2xIJ0aj
The Guardian
UK’s largest supplier of supermarket chicken 2 Sisters Food Group has suspended production at one of its main processing plants after undercover filming revealed poor hygiene standards and food safety records being altered. bit.ly/2xK2efY
Virgin Group founder Richard Branson will invest in a Red Sea project that aims to turn 50 Saudi Arabian islands into luxury tourism destinations, the Saudi government announced on Sunday. bit.ly/2xIIZn3
The Telegraph
The travel industry is braced for widespread chaos as the future of Monarch Airlines hangs in the balance. The Civil Aviation Authority refused to confirm whether it would grant the budget holiday provider a permanent tour operator licence as a temporary one neared expiry at midnight on Sunday. bit.ly/2xJq3V6
Two-thirds of consumers in UK say they won’t share their financial data with a third party, in a blow to the growing push towards so-called ‘open banking’, according to a survey of more than 2,000 people by consultant Accenture. bit.ly/2xIKXDF
Sky News
International Consolidated Airlines Group, parent company of British Airways, has expressed an interest in acquiring some of Monarch Airlines’ take-off and landing slots, fleet and crew – raising hopes that some jobs can be salvaged if UK’s fifth-biggest airline does collapse into administration. bit.ly/2xIyBM0
Ruth Davidson has dismissed suggestions Jeremy Corbyn is a dead cert to be the next Prime Minister, telling the Conservative party conference: “He hasn’t even won a raffle”. bit.ly/2xJvLGk
The Independent
Liam Fox has launched an outspoken attack on the European Union, saying it will risk harming its own people if it refuses to enter talks on a post-Brexit trade deal within weeks. ind.pn/2xJDapu
via http://ift.tt/2x8HVtf Tyler Durden