- Merkel faces worst political crisis of her career (FT)
- Europe Faces a Hamstrung Germany as Merkel’s Coalition Bid Fails (BBG)
- Merkel’s Failure Is Bad News for May (BBG)
- What’s Left For Noble Group Creditors: The Answer’s in Jamaica (BBG)
- Bitcoin's White-Knuckle Ride Continues as It Dashes Past $8,000 (BBG)
- UK Preparing Enhanced Brexit Cash Offer (BBG)
- Soros attacks ‘hate-mongering’ of Orban’s Hungary (FT)
- Soros Says Smear Campaign Is Based on Spies and Lies (BBG)
- Putin plan to rejuvenate Russian politics makes slow progress (Reuters)
- China Clampdown Signals ‘New Era’ for $15 Trillion in Funds (BBG)
- Trump open to dropping healthcare provision in Senate tax bill: aide (Reuters)
- Americans Will Have Their Cheapest Thanksgiving Since 2013 (BBG)
- Czech Tycoon Faces Test in Parliament as Lawmakers Pick Leaders (BBG)
- Canada, Mexico to question U.S. auto content demands at NAFTA talks (Reuters)
- Should America’s Upper Middle Class Take the Biggest Tax Hit? (BBG)
- Limits on Trump’s Power to Shape Courts Fall Away (WSJ)
- Marvell Technology to buy Cavium for $6 billion (Reuters)
- Toshiba gains breathing room with $5.4 billion share issue to overseas investors (Reuters)
- Alibaba Bets $2.9 Billion It Can Take on Wal-Mart in China (BBG)
- Top of the Market? That Could Be a Good Thing (WSJ)
- Two Experimental Roche Drugs Succeed in Key Patient Studies (BBG)
- How China’s Acquisitive HNA Group Fell From Favor (WSJ)
Overnight Media Digest
WSJ
- Maria Contreras-Sweet, who led the Small Business Administration under President Barack Obama, has submitted an offer to acquire Weinstein Co.
Contreras-Sweet said she hopes to be executive chairwoman of a majority-female board heading the company. on.wsj.com/2j7Rn61- Marvell Technology Group is nearing a deal to buy chip maker Cavium Inc for about $6 billion. The deal would comprises 50 percent cash and 50 percent stock and values Cavium at $80 or more a share. on.wsj.com/2j9yxeH
- Senator Susan Collins recited a list of concerns she had with the Republican tax bill barreling through the Senate, raising pressure on the party's leadership to slow its progress and make changes to secure passage. on.wsj.com/2j9tjQl
- The Trump administration is adding hurdles and increasing scrutiny in the employment-visa application process, making it harder for businesses to hire foreign workers, and companies and immigration attorneys are bracing for more changes soon. on.wsj.com/2j7sIyE
FT
MPs will present draft legislation on Monday intended to end exploitation and close employment loopholes in the underbelly of Britain’s labour market.
Greece’s central bank governor is under investigation by an anti-corruption prosecutor over the alleged leaking of an auditor’s report on Piraeus Bank SA, a troubled Greek lender accused of violating capital controls imposed at the height of the country’s financial crisis.
Co-working start-up WeWork is ramping up efforts to sell office space to global banks as the uncertainties of Brexit weigh on institutions’ property plans.
Eight of the world’s largest banks are set to discuss financial settlements with the European Commission, drawing a line under a four-year probe into allegations they formed a cartel to rig the global foreign exchange market.
NYT
- The soccer club A.C. Milan is bleeding money after a spending spree on star players and is seeking new investors or a refinancing of the high-interest loan that Chinese businessman Li Yonghong took to buy the club. That loan comes due in a year. nyti.ms/2B4IkuI
- Honda motor Co said it would recall about 800,000 Odyssey minivans in the United States because of problems with locking adjustable seats into place. nyti.ms/2hEVAOw
- According to a new study based on a continuing national health survey, 60.7 percent of children and 50 percent of adults drank a sugary beverage on any given day in 2014, down from 79.7 percent of children and 61.5 percent of adults in 2003. nyti.ms/2hNhd2G
- Justice League collected a disappointing $96 million at North American theaters over the weekend, or 42 percent less than its franchise predecessor, "Batman v Superman: Dawn of Justice," had over its first three days in March 2016. It was enough to top the weekend box office, but analysts had expected "Justice League" to take in at least $110 million based on surveys that measure pre-release audience interest. nyti.ms/2zQRY6v
Canada
THE GLOBE AND MAIL
** Negotiators are making progress on less contentious portions of the North American free-trade agreement – such as slashing red tape for exporters and standardizing food-safety regulations between Mexico, Canada and U.S. – while punting the more difficult ones to future rounds of talks. tgam.ca/2jHijh5
** U.S. investment bank JPMorgan Chase & Co has emerged as the biggest buyer of second-hand cargo freighters this year, after it bought 12 ships for $250-million (U.S.) according to VesselsValue Ltd. tgam.ca/2jF6o3k
** Canadian leisure-travel provider Transat AT Inc's Chief Executive Jean-Marc Eustache says he plans to step down and hand the chief executive job to current operations boss Annick Guérard. tgam.ca/2jHlZiJ
NATIONAL POST
** Canadian Prime Minister Justin Trudeau is expected to announce he is heading to Beijing early next month to launch free trade talks with China.bit.ly/2hMRLKS
Britain
The Times
Accrol, which makes toilet rolls for Lidl and other retailers, is poised to unveil plans to raise new funds in an effort to escape a cash crisis. bit.ly/2j7PnL4
The chancellor Philip Hammond is poised to throw a tax lifeline to oil and gas producers this week in an attempt to unleash an estimated 40 billion pounds of new North Sea investment. bit.ly/2j9FRaf
The Guardian
Philip Hammond has dismissed calls from the head of the NHS for an emergency cash injection of 4 billion pounds, as he said people running public services always predict "Armageddon" before a budget. bit.ly/2j8osyI
The editor-in-chief of the Mirror titles has indicated that their parent group will face deeper job losses across its 5,000-plus workforce if it fails to seal a 130 million pound deal to buy Richard Desmond's Express and Star newspapers and celebrity magazine OK! bit.ly/2j7r9AB
The Telegraph
House building is the "number one priority" in the Budget and the "powers of the state" will be used to force construction numbers up to 300,000 per year, Chancellor Philip Hammond said. bit.ly/2j8fEZW
The Government looks to have given a rival bid to develop Heathrow's third runway a lift after stating for the first time it welcomed competition in the construction of the nation's airports. bit.ly/2j9GxMP
Sky News
A consortium of bondholders is on the brink of gaining control of BrightHouse, the UK's biggest rent-to-own retailer, as part of a 220 million pound restructuring of the troubled company. bit.ly/2j8SAdB
The Independent
Aled Jones has reportedly been taken off BBC broadcasts following an allegation about "inappropriate contact" by a female colleague. ind.pn/2j95wQx
Britain is poised to increase its Brexit "divorce bill" offer to Brussels, Philip Hammond has signalled, ahead of a fresh Cabinet clash on the issue. ind.pn/2j7Nyhl
