Bz Nwz




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Today’s Issue Cluster: Mobiles

Bonds – Fears That Pimco Could Be Unable to Unload Junk
Wool – Declining Demand Forces Scramble to Adapt at NZ Farms
Lighting – A 21st century standard



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MAJOR DATA POINTS

US – Sep: Housing Starts Up; +6.3% from -12.8% / WSJ / B / R *

US – Oct: UMich consumer sentiment gains; 86.4 from 84.6 / R / B / cr *



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MARKETS

EZ – Greek PM’s pledge to exit bailout backfires FT / FT / r *

EZ – Growth Fears Grip a Divided Europe WSJ / FT / WSJ * *

Bonds – Fears That Pimco Could Be Unable to Unload Junk NYT / B *

Bonds – Junk challenge bigger for Europe than US FT * *



---

ECONOMICS

World – Risk of Deflation Feeds Fears WSJ / FT *

World – EMs enter era of slow growth FT *



---

POLITICS & FISCAL POLICY

EU – Bloc Starts to Balk Over Austerity NYT / FT / B / WSJ *



---

MONETARY POLICY

ECB – To Start Asset Purchases Within Days WSJ



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FINANCE




---

REAL ESTATE

EU – Italy: Reforms pave way for property renaissance FT * *



---

SERVICES

Cable – HBO standalone product risks alienating cable, satellite cos R / IBD

Cable – Pay TV’s New Worry: ‘Shaving’ the Cord WSJ *



---

MANUFACTURING

Lighting – A 21st century standard N / N * *



---

TECH

Mobiles – New iPads sport modest upgrades but short on ‘wow’ R / WSJ / NYT / FT / B / WSJ / FT / NYT *

Mobiles – Review: Refreshed but Not Reinvented WSJ *

Mobiles – Tablet demand slows in wake of larger phones, cheaper notebooks cnet *

Mobiles – Tablets set to overtake PCs in 2015 / r *

Mobiles – Apple Looks for Big Screen Boost as IPhone 6 Hits China B / NYT *

Mobiles – Google Unveils Nexus 6 Phone to Rival iPhone 6 WSJ



---

TRADE & TRANSPORTATION

WTO – Begins talks to break deadlock over ‘consensus’ principle FT

TPP – US accuses Japan of jeopardising trade pact FT

ISDS – Trade deals: Toxic talks FT *



---

COMMODITIES

Wool – Declining Demand Forces Scramble to Adapt at NZ Farms NYT

Cotton – Loan Program Adds Uncertainty to Market WSJ

Rubber – Thailand to aid farmers after price slump R / WSJ



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ENERGY & ENVIRONMENT




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LABOR & EDUCATION




---

HEALTH




---

ENDNOTE

College Football Fans Largely Follow State Lines nyt *



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Today’s Issue Cluster: Africa

Online – CBS to Offer Stand-Alone Web Subscription Service
US – Auto Loans: A Subprime Market Grows in the Shadows
Coffee – ICE arabica falls on forecast for rain in Brazil



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MAJOR DATA POINTS

EU – Sep: Inflation Falls to Five-Year Low; 0.4% from 0.5% / WSJ *

US – Sep: Industrial Output Rises by Most Since November 2012; +1.0% from -0.2% / B / WSJ / R / cr *

US – Oct: Philly Fed shows manufacturers still growing; 20.7 from 22.5 / R *

US – Oct: NAHB Home-Builder Confidence Fell; 54 from 59 / WSJ / b *

US – Week: Jobless claims fall to lowest level in 14 years; -23k to 264k / R / WSJ / B / FT / AP *



---

MARKETS

Stocks – Bulls run for the exit FT * *

Stocks – After QE: Taking off the stabilisers FT *



---

ECONOMICS

Africa – Ebola impact an ‘economic embargo’: Sierra Leone AFP / wapo / wsj / nyt / Ind

Africa – Ebola escalation could trigger major food crisis AP

Africa – Lighting a dark continent E *

Africa – China still trumps the competition FT

Africa – China’s French graduates swap government jobs for adventure FT *

South Africa – Booming film industry boosts economy FT *

Mozambique – Former rebel closes in on favourite in poll race FT * *

Ivory Coast – Adds to rising flow of debt from ‘frontier markets’ FT * *

Nigeria – “Megachurches”: a hidden pillar of Africa’s top economy R

Nigeria – The other caliphate: Boko Haram taking territory E *



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POLITICS & FISCAL POLICY

Ukraine – Sanctions noose begins to tighten on sanguine Russia FT

Ukraine – Russia’s defence budget hit by slowdown FT * * *

Ukraine – Fears frozen conflict could yield winter energy crisis FT / AFP



---

MONETARY POLICY

Fed – Economy growing at modest to moderate pace R / WSJ / B / AP

Fed – Rate expectations change faster than the data FT *

Fed – Slowing China Could Give Chills WSJ / AP *

Fed – QE worked in defiance of theory FT * *

Fed – Are Doves Mucking Unemployment Estimates? cfr *



---

FINANCE

US – Market Tumult Squeezes Big Banks WSJ * *

US – Auto Loans: A Subprime Market Grows in the Shadows BW *

US – ‘Wal-Mart Banking Makes A Lot Of Sense’ 538 * *



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REAL ESTATE




---

SERVICES

Retail – Sales Falter Amid Signs of Global Slowdown WSJ *

Retail – Department stores fight back from online challenge R

Retail – Wal-Mart to Shift Spending Away From Big Stores WSJ / NYT / B

Retail – Homegrown firms rule the roost in China CD *



---

MANUFACTURING




---

TECH

Online – HBO to Launch Stand-Alone Streaming Service WSJ / R / NYT / FT / WSJ *

Online – CBS to Offer Stand-Alone Web Subscription Service NYT

Online – The Cable Bundle Is Slowly Coming Apart a *

Online – Netflix Reports Disappointing Number of New Users WSJ / B / FT / R *



---

TRADE & TRANSPORTATION




---

COMMODITIES

Sugar – Brussels lifts production quotas FT *

Coffee – ICE arabica falls on forecast for rain in Brazil R *

Tea – Indian producer sees drop in output due to erratic rainfall R *



---

ENERGY & ENVIRONMENT

Oil – Global Glut Sends Prices Plunging WSJ *

Oil – Winners and losers from plunge FT / NYT / FT / NYT

Oil – US output cuts could take a while R / B / B

Oil – Price Slump Is Double-Edged Sword for Asia WSJ * * *



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LABOR & EDUCATION




---

HEALTH

Ebola – New Cases May Rise to 10k a Week by December WSJ / FT *

Ebola – Containment methods hurriedly exported worldwide FT

Ebola – China sends thousands of doses of jk-05 drug to Africa FT



---

ENDNOTE

Every Single Device Connected to the Internet time *



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---

Today’s Issue Cluster: Prisons

US – Economists Express Skepticism About Piketty
World – Too-Big-to-Fail Banks Face Up to $870b Capital Gap
Pork – Group counters antibiotics report with online campaign



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MAJOR DATA POINTS

China – Sep: Consumer Inflation Eases; 1.6% from 2.0% / WSJ / FT / X *

China – Sep: 31st Factory-Gate Price Drop Ties Asian-Crisis Record; -1.8% from -1.2% / B / X *

Germany – Sep: Inflation Remains Low; 0.8% from 0.8% / WSJ *

US – Sep: Retail Sales Fall; -0.3% from +0.6% / WSJ / R / B *

US – Sep: Producer Prices Decrease for First Time in a Year; -0.1% from flat / WSJ / B *

US – Aug: Business inventories rose; +0.2% from +0.4% / AP / R *



---

MARKETS

Bonds – German Debt Surges to Record Levels WSJ

Bonds – Squeeze on US muni sales boosts prices FT *

Bonds – ‘Big fund outflows are risk for banks’ FT



---

ECONOMICS

US – Economists Express Skepticism About Piketty nyt *



---

POLITICS & FISCAL POLICY

EU – Policy Makers At Odds As EZ Economic Woes Deepen WSJ / WSJ * * *

EU – Germany slashes its economic forecasts FT *

EU – German companies look overseas as home opportunities fade FT * *

EU – France Bravado Being Put to the Test WSJ / NYT / B / R *

EU – Budget will push Italy to the edge of deficit rules FT



---

MONETARY POLICY

BOK – Korea Cuts Base Rate WSJ / B

BOK – Won shrugs off rate cut FT / AP / AFP / b *



---

FINANCE

World – Too-Big-to-Fail Banks Face Up to $870b Capital Gap B

World – JPMorgan, Citigroup Boost Legal Expenses Amid Talks on Forex Settlement WSJ *

World – Big Banks Struggle to Return to Form WSJ *



---

REAL ESTATE




---

SERVICES

Prisons – US: Cities Look for Ways to Get Free of Empty Jails WSJ

Prisons – US: Violent Crime in CA Falls to Lowest Rate Since 1967 WSJ *

Prisons – US: CCA Seeks to Reduce Number of Repeat Offenders WSJ *

Prisons – US: MA jail offers $1k-a-shot drug to fight addiction, recidivism R *

Prisons – US: Construction 1810-2005 / cd *

Prisons – EU: Norway Convicts May Serve Time in Dutch Prisons WSJ / R / AP / BW *

Prisons – EU: German Builders Put Cells on the Block WSJ

Prisons – EU: The excesses and vacancies of populations E *

Prisons – EU: UK at breaking point, say justice campaigners FT * * *

Prisons – EU: UK conditions are deteriorating E * *

Prisons – EU: UK design is turning Victorian E



---

MANUFACTURING

Garments – Inspections Highlight Flaws at Bangladesh Factories WSJ

Garments – Brands Support Workers’ Push for Higher Wages WSJ *

Garments – Find new low-cost home in Ethiopia R



---

TECH

Delivery – Google Targets Amazon WSJ / R

Delivery – Connect bags Amazon in UK R



---

TRADE & TRANSPORTATION




---

COMMODITIES

Poultry – WTO sides with US in Indian fight FT / WSJ

Pork – New Vaccines Target Deadly Virus in Pigs WSJ / NYT *

Pork – Group counters antibiotics report with online campaign R

Beef – Chinese Hot-Pots Stir Imports B *



---

ENERGY & ENVIRONMENT

NatGas – European supply outlook for this winter r *

NatGas – Can Europe wean itself from Russia? FT * * * * *



---

LABOR & EDUCATION




---

HEALTH




---

ENDNOTE

Norway’s new pixel money fastco * *



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---

Today’s Issue Cluster: Oil

EU – ECB Details Somber State of Banking System
PCs – Warnings from chipmakers point to wider slowdown
Platinum – Labor strife, safety concerns push South Africa mechanization



---

MAJOR DATA POINTS

China – Sep: Fake Invoice Doubts Revived as Exports Skyrocket; +15.3% / B / R / WSJ / AP / FT *

Germany – Oct: ZEW Investor Confidence Drops With Economy Near Recession; -3.6 from 6.9 / B / AP / WSJ / AFP *

US – Sep: NFIB small business confidence declines; 95.3 from 96.1 / R *



---

MARKETS

Stocks – US: Dow Erases Gains for the Year WSJ *

Stocks – US: It’s Gut Check Time for Investors WSJ *

Stocks – EU: Analysts strike positive earnings note amid eurozone gloom FT / FT *

Stocks – World: The cheapest stock markets DT *



---

ECONOMICS

World – Hope and gloom clash at IMF meetings FT * *

World – Signs of Slowdown Vex Policy Makers WSJ *



---

POLITICS & FISCAL POLICY

Ukraine – Ruble Slide Worries Wealthy Russians WSJ / q *

Ukraine – Chinese lenders grow wary of Russia FT / WSJ



---

MONETARY POLICY

ECB – Draghi Sees No Bubble in Eurozone Government Bond Market WSJ



---

FINANCE

EU – ECB Details Somber State of Banking System NYT / b *



---

REAL ESTATE




---

SERVICES

Retail – Stores See Winds Filling Holiday Sales WSJ / NYT *

Retail – Lines Blur on Outlet Stores WSJ *

Retail – Mounting global woes weigh on luxury industry FT / FT * *



---

MANUFACTURING




---

TECH

PCs – Warnings from chipmakers point to wider slowdown R / WSJ / IBD / R *

PCs – Global Shipments Fell in Q3 WSJ / nyt / AP

PCs – Windows: Microsoft Offers First Peek of Version 10 WSJ / R / WSJ / ft *

PCs – Windows: Dwindling number of devices that run software r *



---

TRADE & TRANSPORTATION

Rail – CP, CSX Merger Plan Remains Alive WSJ / WSJ / NYT / B / FT / WSJ / FP / G&M * *

Rail – Delays Mount for Other Goods and Passengers NYT



---

COMMODITIES

Iron – Ore Price Surge Sparks Talk of Market Bottom WSJ / FT / X

Steel – China Exports Hit Record High in September WSJ

Platinum – Labor strife, safety concerns push South Africa mechanization R

Nickel – Bear market belies outlook FT *

Gold – Rises As Worries About World Economy Spur Safety Buying WSJ *

Gold – Asian Market Hubs Move In WSJ *



---

ENERGY & ENVIRONMENT

Oil – OPEC Supply in September Highest Since 2013 WSJ / NYT / WSJ *

Oil – IEA says Opec unlikely to cut production target FT / WSJ / R *

Oil – Saudis avoid past mistakes to halt price slide R *

Oil – Lower Price Could Help Refiners WSJ

Oil – Price slump yet to hit US shale production R / FT *

Oil – Price Swoon Hits Energy Firms’ Shares WSJ *

Oil – Fall Engineers More Pain for Oil-Field Services WSJ

Oil – Fuel-Subsidy Cuts Threaten Energy Demand in Asia WSJ * *

Oil – Shale: Fracking Firms Get Tested by Oil’s Price Drop WSJ

Oil – Shale: ‘We’re Sitting on 10b Barrels of Oil! OK, Two’ B *



---

LABOR & EDUCATION




---

HEALTH

Ebola – Threatens state failure, WHO warns FT / NYT / R / WSJ

Ebola – The ominous math of the epidemic WaPo / fd *

Ebola – Nigeria’s hard-earned lesson FT * *

Ebola – Treatment Maker Takes New Steps to Increase Production WSJ

Ebola – Joins list of risks for financial markets FT * *

Ebola – Aid funding / r *



---

ENDNOTE

Global Life Expectancy at Birth gp *



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---

Today’s Issue Cluster: Europe Economy




---

MAJOR DATA POINTS




---

MARKETS

Currencies – Euro swings making investors wary of “carry trade” R *

Currencies – Inflation-seekers welcome dollar rally FT *

Currencies – Bitcoin has burst, but could still revolutionise banking FT / q * *



---

ECONOMICS

EU – Drop in Exports Adds Fuel to Worries Germany Is Falling Into Recession WSJ *

EU – Germany Considers Remedies for Slowing Growth WSJ / NYT *

EU – France tells Europe it must focus on growth rather than deficits FT / B / r *

EU – Renzi Seeks to Break Italy’s Hiring Logjam WSJ *

EU – Chinese investors surged at height of debt crisis FT *

EU – Sea, sun and easy visas lure China buyers FT * *

EU – Portugal: Chinese investors play key role in recent success FT / FT *

EU – Italy: China swoops in on power grids and luxury brands FT * * *

EU – Spain: Chinese race up economic ladder FT *

EU – Behold the Euroglut ft / FT *

EU – Public worried about inflation zh *

EU – Not much recovery in industrial output / b *



---

POLITICS & FISCAL POLICY

EU – Valls heads the most reformist government France has seen for many years B / E * * *



---

MONETARY POLICY

NBP – Poland Cuts Interest Rates Sharply to Lowest Level on Record WSJ / FT



---

FINANCE

EU – IMF questions fitness of eurozone banks FT * *

UK – Banks shun packaged UK mortgage deals FT * *

UK – Banks under pressure on ringfencing plans FT *



---

REAL ESTATE

EU – Office Buildings Go Up on Spec WSJ *

UK – London Home Prices Set for First Annual Drop Since 2009 FT / B *

UK – Developers Look to the Stars to Sell Lavish London Homes WSJ *

UK – House price heatmap: it’s still winter in the regions DT *

UK – Farmland prices are outperforming prime London property E *

UK – Buyers of expensive Scottish homes face big tax rise FT *



---

SERVICES

Retail – Amazon to Open First Brick-and-Mortar Site WSJ / NYT *

Retail – Holiday Retail Sales Expected to Rise 4% WSJ / R / R



---

MANUFACTURING




---

TECH




---

TRADE & TRANSPORTATION




---

COMMODITIES




---

ENERGY & ENVIRONMENT

Coal – China tariff throws Australian talks into turmoil WSJ / FT / SMH / ABC / Aus

Coal – China’s Tariff Prolongs the Pain WSJ / FT *

Coal – Indian import growth outstrips China FT

Coal – Cheap natural gas and emission rules darken future FT *

Coal – Blamed for US Methane Hot Spot B *



---

LABOR & EDUCATION




---

HEALTH

Demog – UK: London is emptying the North of 20-somethings tony *

Demog – UK: Multiple family households rise FT *

Demog – UK: Migrants set up one in seven companies FT *

Demog – EU: Germans Head Back East WSJ *

Demog – EU: Confronts Its Roma Problem WSJ * *

Demog – EU: GDP per person by region / motw *

Demog – EU: Share of young people still living with their parents / motw *

Demog – EU: Percentage Muslim population (estimated) / am *

Demog – EU: Obesity rates in Europe / am *

Demog – EU: Number of women per 100 men / motw*



---

ENDNOTE

In 126 Years, English Football Has Seen 13,475 Nil-Nil Draws 538 * *



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---

Today’s Issue Cluster: US Real Estate

US – Inflation expectations flashing red
Ukraine – Russia boosts gold reserves to soften sanctions
NatGas – Ukraine sanctions diverting Russian gas to China



---

MAJOR DATA POINTS

Japan – Aug: Machinery Orders Rise for Third Straight Month; +4.7% from +3.5% / WSJ / Jgov *

Germany – Aug: Exports Slide Most Since 2009; -5.8% from +4.8% / B / R / WSJ / AP / FT *

US – Aug: Wholesale inventories grew; +0.7% from +0.3% / R *

US – Week: Jobless Claims Fall; -1k to 287k / WSJ / R / B / AP *



---

MARKETS

Bonds – ‘Lower for longer’ Fed boosts Treasuries FT * *

Bonds – Fed Minutes Send German Bunds to Record High WSJ

Bonds – Foreign buyers hold key to debt prices FT *

Bonds – Eurozone Woes Fuel Germany’s Bargains WSJ *



---

ECONOMICS

US – Dollar’s Surge Imperils Corporate Earnings WSJ *

US – Inflation expectations flashing red FT / ft *

US – Household Wealth Hits Fresh Record WSJ / R *

US – America is getting richer, but most voters can’t feel it E * * *

US – Aging Buildings Seen Reversing Stinginess B *



---

POLITICS & FISCAL POLICY

Ukraine – Central bank support for rouble wears thin FT / B / B *

Ukraine – Russia reserve fall defies emerging markets trend in 2014 R *

Ukraine – Russian Companies Clamor for Dollars to Repay Debt WSJ *

Ukraine – Russia boosts gold reserves to soften sanctions N *

Ukraine – Russia Seeks Sanctions Tit for Tat NYT / AP

Ukraine – Putin Trumpets Economic Strength, but Advisers Seem Less Certain NYT / FT

Ukraine – Russian car sales plummet 20% AFP / B

Ukraine – Finance minister warns Russia can’t afford military spending plan R

Ukraine – Russian companies face credit crunch danger FT

Ukraine – Oil Plunge Magnifies Russia’s Sanctions Pain B *



---

MONETARY POLICY

Fed – Fears market misreading of guidance FT / WSJ / R / B / AP / NYT *

Fed – US inflation measure proves headache FT * *

Fed – Government debt and monetary policy ft *



---

FINANCE

US – Banks Set to Sign Deal Helping End ‘Too Big to Fail’ WSJ

US – Big Banks Face Another Round of Charges NYT



---

REAL ESTATE

US – Homes: Builders Offer Freebies as Markets Cool B

US – Homes: Builders, Economists Still See Mediocre Sales in 2014 wsj *

US – Homes: Tightest Credit Market in 16 Years Rejects Bernanke’s Bid B

US – Homes: CoreLogic Prices up 6.4% cr *

US – Homes: Metropolitan Areas With Rising/Declining MoM Prices / b *

US – Homes: Prices Are Now Just 6.4% Below All-Time High wsj *

US – Apartments: Vacancies Rise for First Time Since 2009 B / WSJ / cd *

US – Malls: Rental Rates Rise; Vacancy Flat WSJ

US – Office: Sector Plods Ahead WSJ

US – Office: Manhattan Leasing Heats Up WSJ *

US – AIA: Architecture Billings Exhibits Continued Strength / cr *

US – Policy: Altoona tries the land value tax FT * *



---

SERVICES




---

MANUFACTURING




---

TECH




---

TRADE & TRANSPORTATION

Auto – US Fuel Economy Gains Poised to Slow WSJ *



---

COMMODITIES

Cocoa – Nestle Bears Buy Ebola Cover Amid Spike in Prices B

Coffee – Brazil drought drives up prices FT / B / WSJ *



---

ENERGY & ENVIRONMENT

NatGas – Ukraine sanctions diverting Russian gas to China N *

NatGas – LNG boom fuels Australia hopes FT * *



---

LABOR & EDUCATION




---

HEALTH

Ebola – Travel groups resigned to impact on investor confidence FT / WSJ / B / NYT

Ebola – Poses $33b threat to west Africa economy FT *

Ebola – One of several risks facing west Africa FT * *



---

ENDNOTE

Safest drivers in the US vs *



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---

Today’s Issue Cluster: Oil

Cybersecurity – Banks face rising threat from vishing
Metals – Steel: Auto, Energy Fire It Up, But Euro Threat Is Rising
Ebola – Experimental Drug Back in the Spotlight



---

MAJOR DATA POINTS

China – Sep: HSBC services PMI weakens slightly; 53.5 from 54.1 / R / WSJ

Germany – Aug: Industrial Output Drops; -4.0% from +1.6% / AP / FT / WSJ / B / AP * * *

US – Aug: Jobs Openings Up; 4.8m from 4.6m / R / WSJ *



---

MARKETS




---

ECONOMICS

EU – IMF sees risk of new eurozone recession FT / wsj / WSJ / FT / R / B * * * * *



---

POLITICS & FISCAL POLICY

China – IMF says economy now larger than US ft *

China – Alibaba IPO may herald overtaking US on internet N *



---

MONETARY POLICY

ECB – Bundesbank’s Weidmann Criticizes Stimulus Measures WSJ / FT / R / NYT / B / R



---

FINANCE

Cybersecurity – Hackers Attempted to Infiltrate Other Financial Institutions WSJ / NYT

Cybersecurity – Banks face rising threat from vishing FT



---

REAL ESTATE




---

SERVICES




---

MANUFACTURING




---

TECH

HP – To separate PC and printer arm from software and hardware FT / WSJ / NYT / R / B / FT * *

HP – Will Slimmer Make Stronger? WSJ / B / NYT * *

HP – Dividing business into two groups should help improve strategy FT / B *

HP – Printing a New Deal WSJ *

HP – Split Comes as More Investors Say Big Isn’t Better FT / NYT *

HP – Free Spending by Startups Stir Memories of Dot-Com Era Excesses WSJ * *

Samsung – Third-Quarter Profit Plunges WSJ / FT * * *

Samsung – Investing $14.7b in New Chip Plant WSJ / FT *



---

TRADE & TRANSPORTATION




---

COMMODITIES

Metals – Iron: Glencore’s Glasenberg Makes His Boldest Move Yet WSJ / FT / WSJ * *

Metals – Iron: BHP Plows Ahead on Ore Production WSJ / FT

Metals – Steel: Auto, Energy Fire It Up, But Euro Threat Is Rising IBD

Metals – Steel: GM Won’t Follow Aluminum Strategy in Future Cars WSJ



---

ENERGY & ENVIRONMENT

Oil – Hits lows as market chokes on oversupply FT * * *

Oil – OPEC Members’ Discord Adds to Slide in Prices WSJ * * *

Oil – China: The Dragon takes a breather G&M *

Oil – US: Reversing the Flow NYT / NYT *

Oil – Geopolitical Supply Disruptions Are At A 3-Year High bi *

Oil – Orphaned Russian Crude Heads to US on Asia Overflow B

Oil – US production suddenly rivals that of some major exporters fortune *

Oil – California Finally to Reap Fracking’s Riches WSJ *

Oil – Canada Gets EU Sands Reprieve WSJ / R / G&M / FP

Oil – Canada Finds Route Around Obama B *

Oil – New Pipelines Threaten Gulf Coast Premium B



---

LABOR & EDUCATION




---

HEALTH

Ebola – US and airlines consider new screenings, no travel ban WSJ / R

Ebola – Experimental Drug Back in the Spotlight NYT *

Ebola – How Contagious Is It? / r *

Enterovirus – Doctors Target Virus as Link to Solve Polio-Like Illness B / nyt



---

ENDNOTE

Navigating the Nobels r *



---




---

Today’s Issue Cluster: US Labor

Currencies – Discord emerges in Japan over yen’s accelerated slide
E-Cigs – Loose laws may be hard to tighten
Defense – Asia arms up to counter growing Chinese might



---

MAJOR DATA POINTS

Germany – Aug: Factories See Sharp Drop in Orders; -5.7% from +4.9% / WSJ / B * *



---

MARKETS

Currencies – Sluggish Global Trade Growth Is Tempting Officials to Devalue WSJ *

Currencies – Pressure on Argentina’s peso sows seeds for deeper downturn FT *

Currencies – Discord emerges in Japan over yen’s accelerated slide N *

Currencies – Rouble touches record low versus dollar FT / WSJ

Currencies – Putin Reserve Rubles Vanish in Crimea Grab B / cfr *



---

ECONOMICS




---

POLITICS & FISCAL POLICY

Brazil – Rousseff to face pro-business Neves in runoff R / WSJ / FT / B / NYT *



---

MONETARY POLICY

Fed – Stagnant Wages Support Rate Patience Even With Job Gains B

Fed – Jobless Rate Falls Into Fed Forecast Range wsj *

Fed – Has been far too optimistic on the recovery / r *

Fed – Rate Policies Aid Foreign Banks WSJ * *



---

FINANCE




---

REAL ESTATE




---

SERVICES

E-Cigs – Loose laws may be hard to tighten AP

E-Cigs – Dire Warnings by Big Tobacco NYT *



---

MANUFACTURING

Defense – German ministry and arms industry come under fire FT

Defense – Berlin Hesitant to Boost Military Spending WSJ / AP *

Defense – UK spending set for tough decisions FT *

Defense – Asia arms up to counter growing Chinese might AP

Defense – Russia Overtakes US in Nuclear Warhead Deployment MT *



---

TECH

Internet of Things – Tech and telecoms groups fight to dominate FT * * * *



---

TRADE & TRANSPORTATION




---

COMMODITIES

Supercycle – Emerging markets adapt to ‘new normal’ FT * *



---

ENERGY & ENVIRONMENT




---

LABOR & EDUCATION

US – Job Growth Rebounds, but Wages Lag WSJ / FT / NYT / AP / R / B / AP * *

US – Economy added 248k jobs / r *

US – Unemployment fell to six-year low / r *

US – UE duration, discouraged workers, participation rate all fell / r *

US – Unemployment by race and ethnicity / r *

US – Jobs Report in Charts / wsj * * * * * * * * * * *

US – Two charts / q * *

US – Drop in Labor Force Hard to Pin on Discouraged Workers B *

US – Payrolls Effectively Up by About 600k as Hours Climb B *

US – Jobs Report Highlights the Wage Growth Puzzle nyt *

US – More Job Gains Than Dropouts wsj *

US – One in Five Workers Laid Off in Last Five Years, Report Says wsj *

US – Job Woes Linger in 29 States in Uneven Recovery B *

US – Los Angeles Minimum-Wage Boost Seen as Policy Test WSJ *

US – Labor under-utilisation ft *

US – German-Style Training for American Factory Workers WSJ

US – About That Manufacturing Skills Gap: It’s Complicated IBD

US – Skills Gap Bumps Up Against Vocational Taboo WSJ *



---

HEALTH




---

ENDNOTE

A mall straddles city boundaries and minimum wage requirements npr *



---




---

Today’s Issue Cluster: Brazil

Delivery – UPS-FedEx Ratio Offers Bet on US Economy
Digital – ‘The third industrial revolution’
Truck – Economy exposes rising driver shortage



---

MAJOR DATA POINTS

EZ – Sep: Composite PMI Shows Sharp Slowdown; 52.0 from 52.5 / WSJ * *

US – Sep: Job Growth Rebounds; +248k from +180k / WSJ / NYT / B / R / FT *

US – Aug: Trade Gap Narrows on Record Exports; -$40.1b from -$40.3b / B / WSJ / R *



---

MARKETS

Currencies – Dollar Aids World Economy B

Currencies – Other countries forcing values down NYT

Currencies – In Southeast Asia’s Markets, Worry Over Fed Is Back WSJ * *



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ECONOMICS

Brazil – Rousseff poll lead spooks bourses FT / B * *

Brazil – Economic Recovery Seen Lagging Neighbors WSJ *

Brazil – Middle Class Lifts Voice WSJ *

Brazil – Markets look for Silva lining FT * * *



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POLITICS & FISCAL POLICY

Brazil – Opposition Candidate Within Striking Distance of Runoff WSJ / ft *

Brazil – Rousseff backed as shift to the left prompts fears for markets FT / WSJ * * *

Brazil – Rousseff was set for a second term, but then Silva emerged FT * * * *

Brazil – Silva to seek trade deals for Brazil FT * * *

Brazil – Silva’s tale of transformation is personal and political FT * * *



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MONETARY POLICY

BCB – Presidential rivals clash over central bank FT / WSJ / R / B



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FINANCE

Cybersecurity – JPMorgan cyber attack hits 76m households FT / WSJ / B / R / NYT



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REAL ESTATE




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SERVICES

Delivery – UPS-FedEx Ratio Offers Bet on US Economy B

Delivery – UPS, FedEx Want Retailers to Get Real on Holiday Shipping WSJ *



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MANUFACTURING




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TECH

Digital – ‘The third industrial revolution’ E / E / E / E / E * * * * *



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TRADE & TRANSPORTATION

Truck – Economy exposes rising driver shortage R / bi *



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COMMODITIES

Supercycle – Tumbling resource prices suggest the world economy is slowing E *



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ENERGY & ENVIRONMENT




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LABOR & EDUCATION




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HEALTH




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ENDNOTE

“The Midwest” with crowdsourced boundaries a *



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Today’s Issue Cluster: Autos

Auto – US motorists driving more, using less gas
Sand – Demand piling up as fracking goes super-sized
Pharma – US Will Increase Production of the Ebola Drug ZMapp



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MAJOR DATA POINTS

EZ – Aug: ECB Under Further Pressure as Producer Prices Fall; -0.1%, -1.4% yr / WSJ

US – Week: Jobless Claims Fall; -8k to 287k / WSJ / R / AP *



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MARKETS

Asset-Backed Securities – What Lurks in Bonds Tied to Subprime Autos Anyone’s Guess B

Asset-Backed Securities – Greek Mortgage Bonds Said to Climb to Highest Since Debt Crisis B / WSJ

Asset-Backed Securities – ‘Back from disgrace’ FT * * *



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ECONOMICS




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POLITICS & FISCAL POLICY

EU – France Produces a ‘No Austerity’ Budget, Defying Rules NYT / WSJ *

EU – Italy pushes for fiscal leniency FT * *



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MONETARY POLICY

ECB – Will Buy Assets Over at Least Two Years B / R / AP / WSJ / FT / NYT *

ECB – Weaker euro buys time for Draghi FT / R / FT * *



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FINANCE




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REAL ESTATE




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SERVICES

Media – Magazines Get a Way to Measure Their Reach Across Media Platforms NYT / WSJ *

Media – Shadows creep across face of European newspapers FT * * * *



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MANUFACTURING

Autos – US: Car sales show industry’s torrid pace slowing R / WSJ *

Autos – US: Car Sales Hitting the Speed Limit WSJ *

Autos – UK: In foreign hands, British automakers overtake France R

Autos – China: Fines Foreign Auto Makers for Price-Fixing WSJ * *

Autos – China: Hunting for deals on wheels in developing used car market N * *

Autos – India: Luxury carmakers hindered by potholes FT *

Autos – Japan: Minicar market hit by glut of registered yet ‘unused’ vehicles N *

Autos – Fiat: Hopes to Boost Retro 500 Sales With Small SUV WSJ *

Autos – VW: Hits labor, robot problems in push for top spot R

Autos – Fuel-Cells: VW Says Doomed to Struggle Beyond Japan B

Autos – Electrics: Tesla’s China Challenge is Getting Chargers Installed WSJ *



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TECH




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TRADE & TRANSPORTATION

Auto – US motorists driving more, using less gas R *

Auto – Germany Plans Tolls for Foreign Drivers WSJ *



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COMMODITIES

Guar – Legume Used in Fracking Causes Problems for Investor, Farmers WSJ *

Sand – Demand piling up as fracking goes super-sized R

Fertilizer – Shale revolution reshaping crop nutrient sector FT



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ENERGY & ENVIRONMENT

Shale – Victim of revolution, Nigeria stops exporting oil to US FT *

Shale – Leaky wells, not fracking, taint water AP / WSJ / wapo

Shale – Wells Increasingly Productive ibd *



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LABOR & EDUCATION




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HEALTH

Pharma – US Will Increase Production of the Ebola Drug ZMapp NYT

Pharma – Doctors Net Billions From Drug Firms WSJ / WSJ / NYT / B / nyt * * *

Pharma – Drug Patents Held Overseas Can Pare Makers’ Tax Bills NYT

Pharma – As Doctors Lose Clout, Drug Firms Redirect the Sales Call WSJ *

Pharma – India Reduces Regulator’s Control Over Drug Prices WSJ / FT

Pharma – Big opportunities / N *



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ENDNOTES

Brand of top selling car in the EU reddit *

The Most Popular Cars in the US motw *



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