- China agrees more U.N. actions needed against North Korea after nuclear test (Reuters)
- Hurricane Irma kills eight on St. Martin (Reuters)
- Trump’s Surprise Deal With Democrats Sets Up Christmas Showdown (BBG)
- North Korea pledges 'powerful counter measures' against U.S.-backed sanctions (Reuters)
- Why Florida Is Largely Insured by Companies You’ve Never Heard Of (WSJ)
- How to Gauge Whether Irma Will Be an Insurance Catastrophe (WSJ)
- U.S. agriculture braces for Irma (Reuters)
- Hurricane Irma Threatens $1.2 Billion of Florida Crops (BBG)
- Irma threatens luxury Trump properties (Reuters)
- Investor Who Lost Millions Finally Gives Up on His China Bet (BBG)
- Meth, coke and oil: A drug boom in the Texas shale patch (Reuters)
- Unilever, Nestle Snap Up Organic Tea and Vegetarian Burritos (BBG)
- Israel hits Syria target reportedly tied to chemical weapons (Reuters)
- Football Champs and CEOs Alike Sidestep Taxes With Private Jets (BBG)
- China’s Bad Banks Show It Still Has a Big Bad Loan Problem (WSJ)
- Britain's May calls on lawmakers to back bill, move closer to Brexit (Reuters)
- Putin rues awarding U.S. top diplomat Tillerson Russian state honor (Reuters)
- U.S. charges former Turkish minister with Iran sanctions evasion (Reuters)
Overnight Media Digest
WSJ
- Goldman Sachs Group Inc has stopped working on the potential listing of Pactera Technology International Ltd, a company owned by HNA Group Co, because of concerns about the acquisitive conglomerate's ownership structure. on.wsj.com/2eHSffL
- President Donald Trump is unlikely to nominate Gary Cohn to succeed Janet Yellen as the next Federal Reserve chairman, according to people familiar with the president's thinking. on.wsj.com/2eHSE1L
- The majority of ships operating in the U.S. Navy's Seventh Fleet, where two destroyers have been involved in fatal collisions since June, weren't certified to conduct basic operations at sea related to war-fighting, according to U.S. Navy records. on.wsj.com/2eHjE1z
- Some board members of Toshiba Corp are making a last-minute push to accept Foxconn Technology Group's bid for Toshiba's memory-chip unit. on.wsj.com/2eHFQZs
- Several congressional committees investigating Russian meddling during the 2016 U.S. election are expected to hear this week from witnesses connected to the controversy. on.wsj.com/2eHzb1v
- In a bid to speed up the delivery process, Amazon.com Inc is set to open a fulfillment facility on Staten Island, bringing 2,250 full-time jobs to the area. on.wsj.com/2eIFphE
- Facing a dearth of teachers, many states in the U.S. are now scaling back on requisite qualifications that will make it easier to teach in public school classrooms. on.wsj.com/2eI3J2S
- Hurricane Irma struck several islands in the northeast Caribbean on Wednesday, killing at least three people and flattening swaths of the island of Barbuda, while officials in Florida pressed hundreds of thousands of residents ahead of a possible landfall on Sunday. on.wsj.com/2eHJjak
FT
* The British government has asked FTSE 100 companies to sign a public letter endorsing its Brexit strategy on Wednesday angering many executives who are reluctant to agree.
* Facebook Inc said on Wednesday it had found that an influence operation likely based in Russia spent $100,000 on thousands of ads promoting divisive social and political messages in a two-year-period amid investigations into allegations of Russian efforts to influence the U.S. presidential election.
* U.S. Federal Reserve Vice Chair Stanley Fischer, a veteran central banker who helped set the course for modern monetary policy, said on Wednesday he will step down from his position in mid-October.
NYT
- Providing new evidence of Russian interference in the 2016 election, Facebook Inc disclosed on Wednesday it had identified more than $100,000 worth of divisive ads on hot-button issues purchased by a shadowy Russian company linked to the Kremlin. nyti.ms/2f4Q0nB
- Stanley Fischer, the vice chairman of the Federal Reserve, said he would resign in mid-October, an unexpected decision that gives President Trump greater leverage over central bank policy. nyti.ms/2wKDOQu
- Facebook Inc is blocked in China but the social media giant in recent months has quietly scouted for office space in Shanghai, according to two people with knowledge of its efforts there. nyti.ms/2wKQ5Vc
- Toys "R" Us Inc has hired restructuring advisers from the prominent law firm Kirkland & Ellis LLP as it tries to cope with hundreds of millions of dollars of debt coming due, according to two people briefed on the matter. nyti.ms/2wKCBse
- Lawmakers in the House took a major step on Wednesday toward advancing the development of driverless cars, approving legislation that would put the vehicles onto public roads more quickly and curb states from slowing their spread. nyti.ms/2vNz3by
Canada
THE GLOBE AND MAIL
Global investment bank Lazard Ltd landed a veteran Canadian mining deal maker from RBC Dominion Securities Inc ahead of an expected increase in takeover activity from natural resource companies. tgam.ca/2waIjSm
Hudson's Bay Co's board of directors has hired - or is hiring - JP Morgan to advise it on strategic options including going private, a U.S. activist investor in the retailer suggests. tgam.ca/2wb32p3
TransCanada Corp is giving itself more time to sign up shippers on its proposed Keystone XL pipeline, citing the impacts of Hurricane Harvey on its U.S. Gulf Coast refining customers. tgam.ca/2wakuua
NATIONAL POST
While all eyes are on NAFTA, Canada is trying to move quickly on trade in the Asia-Pacific region, with decisions on a China free trade agreement and an updated Trans-Pacific Partnership coming this fall. bit.ly/2wb2NKN
Britain
The Times
- An unusual 1.5 million pounds ($1.96 million) cash bonus for the chief executive of Aveva Group PLC for clinching the merger this week with Schneider Electric SE has raised eyebrows with the Cambridge company's biggest shareholder, Standard Life Aberdeen PLC bit.ly/2wJzK2M
- Neil Woodford, founding partner of Woodford Investment Management has blamed credit growth in China as the main reason behind the recent poor performance of his most high-profile fund in an interview for his website. bit.ly/2wJFGJ2
The Guardian
- Deutsche Bank AG Chief Executive John Cryan has issued a stark warning about the impact of technology, to an audience at a conference in Frankfurt saying a "big number" of his staff will lose their jobs as robots take over. bit.ly/2wJH3I4
- The Financial Conduct Authority is facing pressure from Parliament's Treasury Select Committee to publish its leaked report into Royal Bank of Scotland PLC's troubled business restructuring unit. bit.ly/2wK3Wei
The Telegraph
- Sports Direct International PLC's under-fire chairman Keith Hellawell survived a tense shareholder vote today after narrowly clinching support for his re-election from the majority of independent shareholders. bit.ly/2wIz8ud
- The European Court of Justice has ordered a 1.06 billion Euro ($1.26 billion) fine for Intel Corp to be re-examined in a major victory for the U.S. microchip giant that could bolster Silicon Valley in its battles with Brussels. bit.ly/2wJCkWs
Sky News
- Asda, the British supermarket arm of Wal-Mart says a shake-up of its main office functions will result in the loss of 300 jobs. bit.ly/2wJjW09
- Downing Street is asking Britain's biggest companies to give public support to the government's approach to its Brexit negotiations, a move which has angered a string of blue-chip boardrooms. bit.ly/2wJngIv
