- French election relief sends Europe soaring (Reuters)
- Gloves off as Le Pen and Macron pitch for final battle (Reuters)
- French Runoff Creates Fresh Political Divisions (WSJ)
- U.S. Government Shutdown May Hinge on Trump’s Demand for Mexico Wall (BBG)
- Congress returns as Trump pressures Democrats ahead of funding deadline (Reuters)
- The Rich Are Living Longer and Taking More From Taxpayers (BBG)
- Mattis Pays Surprise Visit to Kabul (WSJ)
- Bomb attack hits U.S. base in eastern Afghanistan (Reuters)
- The Electric Car Revolution Now Faces Its Biggest Test (BBG)
- States Seek to Blunt Insurers’ Costs in Bid to Shore Up Health Exchanges (WSJ)
- Top Iron Ore Forecaster Says Prices Will Sink Back Below $50 (BBG)
- Billionaire Doctor’s $11,000 Cancer Test Has Few Takers So Far (BBG)
- ‘Apartheid Without the Racism’: How China Keeps Rural Folks Down (WSJ)
- German Business Confidence Climbs to Highest Since July 2011 (BBG)
- Goldman Got Burned by These Debts in Rare Trading Miss (BBG)
- How a $1.4 Billion ETF Gold Rush Rattled Mining Stocks Around the World (WSJ)
- PPG Again Raises Bid For Akzo Nobel (WSJ)
- Akzo to Consider PPG's Sweetened $29 Billion Takeover Offer (BBG)
- IBM Says CEO Pay Is $33 Million. Others Say It Is Far Higher (BBG)
- U.S., Philippines scale back next month's military drills, no more 'war games' (Reuters)
- Samsung to Issue Galaxy S8 Software Updates After Complaints (WSJ)
- Local, global security firms in race along China's 'Silk Road' (Reuters)
- China clamps down on excess steel as Japan decries Trump 'protectionism' (Reuters)
Overnight Media Digest
WSJ
- Becton Dickinson and Co said Sunday that it would acquire C R Bard Inc for $24 billion, the latest merger of medical-supplies manufacturers. http://on.wsj.com/2pVpNyl
- State investment funds in Abu Dhabi and Malaysia struck an agreement to avoid potentially embarrassing arbitration proceedings related to billions of dollars that were allegedly misappropriated by a conspiracy of former executives and advisers to both funds, according to people with direct knowledge of the deal. http://on.wsj.com/2pVIBNT
- North Korea has arrested a U.S. citizen in Pyongyang, people familiar with the matter said, adding another potential flashpoint with the U.S. at a time of increasingly heated rhetoric. http://on.wsj.com/2pVGIki
- The battle over Wells Fargo & Co board is going down to the last possible moment, with uncertainty hanging over the re-election prospects of several directors at Tuesday's annual shareholder meeting, according to people familiar with the matter. http://on.wsj.com/2pVAVLG
FT
LafargeHolcim Ltd Chief Executive Eric Olsen is set to step down on Monday following an internal investigation into activities at a plant the cement maker operated in Syria until September 2014.
Becton Dickinson and Co would acquire C R Bard Inc in a $24 billion cash-and-stock deal that would give Bard shareholders about 15 percent of the combined entity, the two U.S. medical technology companies said on Sunday.
Credit Suisse Group AG is braced for executive pay revolt from a shareholder this week, despite the board agreeing to a voluntary bonus cut by 40 percent.
NYT
- Tucker Carlson will assume Fox News's 8 p.m. time slot on Monday, the first time in nearly two decades that Bill O'Reilly will not be kicking off Fox News's prime-time lineup. http://nyti.ms/2p7So0C
- Fox News faced new sexual harassment allegations on Sunday as Alisyn Camerota, a former anchor, accused the former Fox News chief Roger Ailes of saying "grossly inappropriate" things to her and once inviting her to a hotel room when she asked for new opportunities at work. http://nyti.ms/2p7OrZG
- American Airlines Group Inc suspended a flight attendant after an altercation on Friday in which the attendant took a stroller from a woman traveling with two young children and then argued with other passengers. http://nyti.ms/2p7Mxbv
- Kristina Johnson, an engineer who developed technology critical to 3-D movies and served as under secretary in the United States Energy Department before founding a hydroelectric company, will be appointed chancellor of the State University of New York. http://nyti.ms/2p7PcSw
Canada
THE GLOBE AND MAIL
** The collegial race to lead the federal NDP received an injection of drama this week with the announcement that former veterans ombudsman Pat Stogran is now a candidate. https://tgam.ca/2psehuq
** The New Democratic Party in British Columbia has dismissed the critique of the party platform's financial sustainability. A five-page document commissioned by the BC Liberal Party found the NDP platform to be fiscally prudent, but neither transparent nor sustainable. https://tgam.ca/2ps7K2P
NATIONAL POST
** Bubbling beneath the surface of the BC campaign trail is a bitumen brawl between this province's New Democrats and Alberta's. And while neither political party seems willing to speak openly about the issue, the internal rift threatens unity at a time when the Orange Crush is poised to spill across BC, upending the 16-year dynasty of the Liberals. http://bit.ly/2pscoxT
** Dow Chemical Co. is in line to collect the largest patent infringement damage award in Canadian history following a courtroom victory against Nova Chemicals Corp. http://bit.ly/2ps8BAz (Compiled by Vishal Sridhar)
Britain
The Times
Jaguar Land Rover has struck a deal to slash thousands of workers' pensions by severing the link to final salaries and switching to career average pay. http://bit.ly/2paUMpo
Jupiter Asset Management had quietly canvassed investors in recent weeks about a 50 percent rise for its boss Maarten Slendebroek. However, it pulled the pay deal after objections from a number of institutions. Two of its top 10 investors told The Sunday Times that the 50 percent hike was unacceptable in light of the government's focus on reining in rewards. http://bit.ly/2oAh28X
The Guardian
Rachel Reeves, a Labour MP who sits on the Treasury select committee, will outline plans on Tuesday for regulators at the Financial Conduct Authority to cap the maximum amount that banks can charge customers for unauthorised overdrafts, similar to the limit imposed on charges on payday loans of 24 pound a month. http://bit.ly/2oAi9FJ
The Telegraph
The upmarket burger chain Five Guys is in talks with its U.S. parent to expand in Europe beyond the five countries it currently operates in. Five Guys' UK chief executive, John Eckbert, said the company had growth plans for the UK, France, Germany, Spain and Portugal, where it already has sites, but saw scope for the chain to thrive in other European nations. http://bit.ly/2pUuKr3
One of the co-founders of Moneysupermarket.com is returning to the business world after a 10-year absence to launch a financial advice service he claims has the same disruptive potential. Duncan Cameron's jointly-owned eVestor service aims to cut the cost of full-service financial advice by 80pc. He says it will deliver sophisticated advice to investors "whether they have 1 pound or 1 million pounds". http://bit.ly/2oAezeL
Sky News
Former Barclays and Santander executive Stephen Jones will be named as the inaugural chief executive of UK Finance on Monday, a new trade association that is poised to become one of Britain's most powerful lobbying groups. http://bit.ly/2p7dVXj
The upmarket cycling-wear brand Rapha has moved its sale preparations up a gear by hiring advisers to carry out a review of the company's options. Rapha's board has appointed William Blair, an investment bank, to undertake an exercise that is likely to lead to a sale. http://bit.ly/2oWfhWo
Three Mobile has apologised after customers were not able to send texts or make phone calls. The company said it experienced a "temporary works issue" which affected its service during Saturday afternoon and evening. It said that although calls have been restored they are working to restore a full service. http://bit.ly/2p6SaHe