- 'Trump trades' on boost to economic growth come back with a bang (Reuters)
- Trump's national security adviser Flynn trying to survive crisis (Reuters)
- White House Is Sifting Options on Immigration Ban (WSJ)
- North Korean Nuclear Ambitions to Be Defining Issue for Trump (BBG)
- Netanyahu opposes Palestinian state, Israeli minister says ahead of U.S. visit (Reuters)
- Speed Limits on Trump’s Infrastructure Drive: Federal Laws, Rare Species and Nimbys (WSJ)
- Germany’s New Trump-Critic President Sees Stormy U.S. Ties Ahead (BBG)
- Oil Slips as U.S. Drilling Gains Counter OPEC Production Cuts (BBG)
- Employers Balk at Curbs on Generous Health Plans (WSJ)
- China upset at disputed islands mention in Japan-U.S. meeting (Reuters)
- China Calls for Restraint on North Korea as UN Prepares to Meet (BBG)
- China Central Bank Resumes Reverse Repo Sales After Six-Day Halt (BBG)
- Italy Intrigue May Halt Renzi’s Comeback Bid (BBG)
- Kremlin says Putin-Trump meeting possible before July (Reuters)
- Brexit's Hit to Growth Will Be Milder Than Expected, EU Says (BBG)
- Toshiba’s Nuclear Reactor Mess Winds Back to a Louisiana Swamp (BBG)
- Here’s What We Know About Trump’s Mexico Wall (BBG)
- Bollywood actors pledge cash ban support amid bank-note debacle (WSJ)
- Israel Developing Tools to Fight on Social Media Battlefront (BBG)
- Batista Bounces Back From $35 Billion Loss, but He’s Still Stuck in Prison (BBG)
- Adele sweeps Grammy awards in upset victory over Beyonce (Reuters)
- Lego Superheroes Triumph Over S&M Lovers at U.S. Box Office (BBG)
- Burger King, Tim Hortons owner's profit beats as costs fall (Reuters)
Overnight Media Digest
WSJ
- Leftist presidential hopeful Andrés Manuel López Obrador is gaining momentum in the race to lead Mexico, tapping into a nationalist backlash against the U.S. as President Donald Trump upends bilateral relations. The former Mexico City mayor, narrowly beaten in Mexico's two previous presidential elections, is now widening his lead in opinion polls ahead of next year's contest. http://on.wsj.com/2lzRxGX
- Sales of Ivanka Trump's fashion line tumbled 32 percent at Nordstrom Inc last fiscal year, with the declines deepening in the run-up to the U.S. presidential election, according to internal Nordstrom data. Amid calls to boycott the brand, Ivanka Trump footwear and apparel sales fell more than 70 percent in the second, third and fourth weeks of October compared with a year ago, the Nordstrom data show. http://on.wsj.com/2lzYZlm
- The White House is reviewing whether to retain National Security Adviser Mike Flynn amid a furor over his contacts with Russian officials before President Donald Trump took office, an administration official said Sunday. Flynn has apologized to White House colleagues over the episode, which has created a rift with Vice President Mike Pence and diverted attention from the administration's message to his own dealings. http://on.wsj.com/2lzSkI6
- President Donald Trump is facing calls for a show of strength toward North Korea after Pyongyang's weekend launch of a ballistic missile, posing the first major challenge to his administration by a foreign leader and an awkward balancing act with China. U.S. lawmakers called for military exercises with regional allies, a rapid deployment of regional missile defenses and tough new sanctions. http://on.wsj.com/2lzX3JF
- Verizon Communications Inc will start selling unlimited data plans on Monday, the first time it has offered such a service since 2011 and a sign that intense competition is forcing the nation's largest carrier to respond. The new plan is a stark change in strategy for Verizon, which has spent years trying to get customers to pay for data based on usage and recently raised prices on certain fees. http://on.wsj.com/2lA4DE9
- South Korean prosecutors summoned Lee Jae-yong, the third-generation heir of the Samsung conglomerate, for a fresh round of questioning, seeking answers about his role in a political corruption scandal. Special prosecutors had previously summoned Lee, the vice chairman of Samsung Electronics Co , as a bribery suspect in the scandal, as authorities attempted to zero in on payments made by Samsung to organizations linked to the impeached president's confidante. http://on.wsj.com/2lzU5oK
FT
German drugmaker Stada Arzneimittel AG has received two takeover proposals including a 3.5 billion euro bid from private equity group Cinven, kicking off a bidding war for the company.
ArcelorMittal SA's Chief Executive Lakshmi Mittal asked Brussels to look at increasing the cost of goods imported to Europe from countries without a carbon price.
German music-streaming service SoundCloud has lost two of its top executives, and is urgently seeking funds, after warning in January that it may run out of cash this year.
Italian insurer Banca Generali SpA is planning to raise its cost-cutting target to defend itself against a potential bid from Intesa Sanpaolo SpA, the country's largest bank by market value.
NYT
- Japan is in the midst of its longest period of growth in three years. But the pace of expansion has been slowing, and the Trump administration could pose a test. http://nyti.ms/2kisiJ5
- Adele swept the 59th annual Grammy Awards with her album "25", in a night that shut out Beyonce from the major awards and also featured reverent tributes and, at times, pointed political commentary. http://nyti.ms/2kikUh0
- Federal immigration officials arrested more than 600 people across at least 11 states last week, detaining 40 people in the New York City area, law enforcement officials said on Sunday. http://nyti.ms/2ki9s4N
- North Korea said on Monday that it had successfully tested a new nuclear-capable intermediate-range ballistic missile, claiming important progress in being able to strike its enemies with long-range missiles tipped with nuclear warheads. http://nyti.ms/2kihevC
Britain
The Times
Don't invest in Britain, European firms urged
Continental companies should avoid investing in Britain because of uncertainty surrounding withdrawal from the EU, Europe's largest management consultancy has warned. http://bit.ly/2km7Sdv
Made in Britain label threatened by trade deals, exporters fear
The CBI is calling on the government to ensure that exporters can take full advantage of free trade deals after Brexit by maintaining their "Made in Britain" label. http://bit.ly/2km4vTV
The Guardian
UK offshore wind 'will lower energy bills' more than nuclear
Offshore windfarms could provide cheaper power than Britain's new wave of nuclear power stations, Hugh McNeal, the chief executive of trade body RenewableUK has claimed. http://bit.ly/2kmaOqj
Foreign billionaires in London choosing to rent to avoid stamp duty
Foreign billionaires are renting rather than buying luxury homes in London following increases in tax bills on upmarket properties. Lettings that cost more than 3,000 stg ($3,746.10) a week - 156,000 stg ($194,797.20) a year - increased by 28% in the last three months of 2016, according to research by the property data service LonRes. http://bit.ly/2km76x8
The Telegraph
RBS plays down claim it will cut 15,000 jobs
Royal Bank of Scotland Group is preparing to cut more costs and chop more workers, but played down reports it will cut 15,000 staff in the next round of shrinking. http://bit.ly/2km1mDy
Mattress retailer SIMBA Sleep raises 9 mln stg from raft of new City investors including husband of Heineken heir
SIMBA Sleep, the online mattress retailer, has raised 9 million stg from a raft of new investors including fund manager Henderson, broker Numis and Citi banker Michel de Carvalho, whose wife Charlene is the sole heir to the Heineken family fortune. http://bit.ly/2km5Bie
Sky News
Barclays outlines plans to freeze Staley's 8 mln stg-a-year pay deal
Barclays Plc is proposing to freeze its chief executive's maximum pay package for the next three years in a bid to avert a repetition of the remuneration rows which dogged one of Britain's biggest lenders. http://bit.ly/2km1Idm
M&S targets former Next star to spearhead clothing revival
Marks & Spencer Group has approached the architect of Next Plc's transformation into one of Britain's top fashion retailers about a key role at the helm of its perennially struggling clothing division. http://bit.ly/2km2erK
The Independent
Brexit: Labour's Lords leader pledges not to delay triggering of Article 50
Labour's leader in the House of Lords has pledged not to hold up or "frustrate" the triggering of Article 50 - as the Government's bill moves to the House of Lords for scrutiny. http://ind.pn/2klTUZa