- France, Russia strike Islamic State in Syria, EU aid invoked (Reuters [23])
- Pressure Grows for Global Response Against Islamic State After Paris Attacks (WSJ [24])
- Weakened Hollande Faces Election Backlash in Wake of Attacks (BBG [25])
- French Official Calls for Metal Detectors at Train Stations (NYT [26])
- Belgium Raises Terror Threat Level, Cancels Soccer Game vs Spain (BBG [27])
- Foreign Companies Scrap Paris Events After Terror Attacks (BBG [28])
- US states halt taking Syrian refugees (BBC [29])
- British Official Warns of Cyberattacks by Jihadi Terrorists (NYT [30])
- Brussels District of Molenbeek Is Home to Some Suspects in Paris Attacks (WSJ [31])
- After market crash, China mulls single 'super-regulator' (Reuters [32])
- Copper Tumbles to Six-Year Low as Industrial Metals Extend Slump (BBG [33])
- Iron Ore Sinks to Four-Month Low on Demand Outlook in China (BBG [34])
- Salaries of Average London Homebuyers Breaks £100,000 Barrier (BBG [35])
- China says has shown 'great restraint' in South China Sea (Reuters [36])
- Wal-Mart Tops Profit Estimates as CEO Pursues Sales Turnaround (BBG [37])
- EU Reiterates Warning Spain to Miss Deficit Despite Rajoy Pledge (BBG [38])
Overnight Media Digest
WSJ
- An Islamic State operative suspected of helping organize the Paris attacks had been monitored in Syria by Western allies, seeking to kill him in an airstrike. However, they could not locate him in the weeks before the plot was carried out. (http://on.wsj.com/1MyvOlg [39])
- Marriott International Inc agreed to acquire Starwood Hotels & Resorts Worldwide Inc for $12.2 billion, a surprise outcome to a heated process that involved some of the world's largest hotel groups. (http://on.wsj.com/1MyvTW5 [40])
- The Food and Drug Administration, in a report released on the eve of a congressional hearing Tuesday, said certain laboratory tests "may have caused or have caused" actual harm to patients by producing erroneous results. At issue are so-called lab-developed tests, or LDTs, which are produced and performed within a single hospital or corporate laboratory. (http://on.wsj.com/1Myx3Rv [41])
- Cuban migrants, fearing the gate will soon close on their easy access to legal U.S. residency, have been surging by the thousands through Mexico in a bid to touch soil in southern Texas. The surge was prompted by the detente between Washington and Havana, which restored diplomatic relations in December. (http://on.wsj.com/1Myx5sy [42])
- Cable tycoon John Malone's Liberty Global PLC agreed to buy Caribbean cable operator Cable & Wireless Communications PLC for $5.3 billion, strengthening the acquisitive company's foothold in an emerging market that's ripe for additional consolidation. (http://on.wsj.com/1Myx9sl [43])
FT
John Malone-backed Liberty Global Plc offered to buy Cable & Wireless Communications Plc for 5.4 billion pounds ($8.2 billion) to extend its reach in Latin America and the Caribbean.
BHP Billiton said it is reviewing two other mining joint ventures, in Peru and Colombia, following a dam disaster at an iron ore mine in Brazil, which it jointly owns with Vale SA.
French media group Vivendi has asked to appoint four French executives to Telecom Italia's board, a move that has caused concern in Italy about the growing influence of the group.
Russia has offered a restructuring plan for the $3 billion bond owed to it by Ukraine, a move that offers a chance for both the countries to avoid a legal clash.
NYT
- The black population of Baltimore is double that of the white population. Yet in 2013, banks made more than twice as many mortgage loans to whites in the city as they did to blacks, according to a new study that will be released on Tuesday by the National Community Reinvestment Coalition, a consumer advocacy group. (http://nyti.ms/20YkjgO [44])
- American and French officials say there is still no definitive evidence to back up their presumption that the terrorists who massacred 129 people in Paris used new, difficult-to-crack encryption technologies to organize the plot.(http://nyti.ms/20YkuIP [45])
- The for-profit college operator Education Management Corp will forgive loans to about 80,000 former students nationwide as part of an agreement with state attorneys general resulting from a multiyear investigation of the company's aggressive recruitment practices. (http://nyti.ms/20YkEjD [46])
- Some of the richest investors on Wall Street, including Daniel Loeb, David Einhorn and William Ackman, lost billions of dollars in the last quarter because the shares of the companies they placed bullish bets on plummeted over the summer and fall. (http://nyti.ms/20Yl09R [47])
- Pandora Media announced on Monday that it intended to acquire the assets of Rdio, a highly regarded but struggling online radio service, for $75 million in cash. (http://nyti.ms/20Ylg8I [48])
Canada
THE GLOBE AND MAIL
** Prime Minister Justin Trudeau provided new detail on his plans to shift the country's military mission against Islamic State, stating that the number of Canadian Forces trainers on the ground will be larger than the current contingent of 69 soldiers. (http://bit.ly/1N8CJau [49])
** A Foreign Affairs spokeswoman has said a Canadian was injured during the Paris attacks on Friday. Diana Khaddaj says in an email that Canadian consular officials in Paris are in contact with the family of the Canadian and are providing assistance. (http://bit.ly/1Mz0liN [50])
** Premier Kathleen Wynne is defending her government's secret C$3.74 million ($2.8 million) in payments to teacher unions as simply the price of securing labor peace. In an interview in Beijing at the end of a week-long trade mission in China, Wynne said the province's negotiations with teachers were "a successful process" and the financial status of the unions and the government is not "germane to the issue." (http://bit.ly/1SztKNw [51])
NATIONAL POST
** The federal government is walking away from a legal battle over attempts to strip Canadian citizenship from dual-nationals convicted of terrorism offences. (http://bit.ly/1Szu9zr [52])
** Prime Minister Justin Trudeau was hailed for naming as many women as men to cabinet and for his matter-of-fact justification of gender parity: "Because it's 2015." But now Trudeau's government is being asked to put its money where its mouth is as city councillors in Montreal and Toronto call for the addition of a Canadian woman to the country's banknotes. (http://bit.ly/1QJkpo0 [53])
** Canada's largest pipeline company Enbridge Inc confirmed it laid off 500 people on Monday and would not be hiring for an additional 100 unfilled positions. (http://bit.ly/1SzueDx [54])
China
CHINA SECURITIES JOURNAL
- China will issue 14 billion yuan ($2.20 billion) in government bonds in Hong Kong in the week of Nov. 23, according to the finance ministry.
- China will introduce policies and regulations to promote green lifestyles by 2020, the Ministry of Environmental Protection said.
SHANGHAI SECURITIES NEWS
- The total revenue of China's social insurance fund at the end of 2014 reached 4.04 trillion yuan, and its balance of accumulated deposits reached 5.16 trillion yuan, according to government data.
21st CENTURY BUSINESS HERALD
- Chinese households consumed 4.58 trillion kwh of electricity in the first ten months, an 0.7 percent increase over the same period last year, according to the website of National Energy Administration.
CHINA DAILY
- Over a quarter of Chinese entrepreneurs plan to cut back on investment in 2016 due to weak demand, a survey of 2,500 firms carried out by the China Entrepreneurs Survey system found.
- China plans to levy heavy penalties of up to 50,000 yuan on courier companies that leak customers' personal information or mishandle packages in a way that causes damage, according to the Legislative Affairs Office of the State Council.
Britain
The Times
More than 400,000 savers suffered a sharp fall in the level of interest they receive on their National Savings and Investments funds from yesterday, with experts warning that the rest of the industry was sure to follow suit. (http://thetim.es/1lrUoxG [55])
For sporting moments, it does not quite rank with the tears of Paul Gascoigne or the celebrations of Bobby Moore when he lifted the World Cup in 1966. Nor is it likely to mark a turning point in Anglo-German relations. More likely, it represents the coming of age in Britain of Lidl, which has been appointed the "official supermarket of the England Team". (http://thetim.es/1lrUuW3 [56])
The Guardian
Almost 60 percent of 20 to 39 year olds in England will rent their homes by 2025, while just 26 percent will have got on the housing ladder, according to the report by PricewaterhouseCoopers. (http://bit.ly/1HUwEHa [57])
The UK's inflation rate is expected to have remained in negative territory when official figures are released on Tuesday, leaving the Bank of England in little hurry to start raising interest rates. (http://bit.ly/1HUwLlQ [58])
The Telegraph
The Chancellor should leave businesses alone in his forthcoming autumn statement, giving firms time to deal with several major changes introduced already this year including the new living wage, according to the Institute of chartered accountants in England and Wales. (http://bit.ly/1X3l830 [59])
Airbus Helicopters is looking to expand its UK operations after winning Government funding for an aerospace research project. (http://bit.ly/1MRNbN5 [60])
Sky News
The boss of John Lewis is joining the ranks of business leaders recruited to advise Whitehall departments as they prepare to implement a further round of deep spending cuts. (http://bit.ly/1HUxd3I [61])
Sky News has learnt that LDC, the private equity group which bought a controlling stake in D&D Restaurants in 2013, is this week kicking off a roadshow to sound out investor appetite for the listing. (http://bit.ly/1HUxqUl [62])
The Independent
Tesco has said it will close its 24-hour stores for five hours ahead of Black Friday to try and combat scenes of chaos in 2014 by giving staff a bit of extra time to prepare. (http://ind.pn/1MiMwaj [63])