- There's a lot going on this morning - time to get caught up.1
- Stocks rose around the world as U.S. oil approached $50 a barrel for the first time since July, spurring gains by emerging markets.3
- Andreas Hoefert, UBS Group’s chief economist for wealth management and the chief investment officer for Europe, has died. He was 48.4
- Saudi Arabian billionaire Prince Alwaleed Bin Talal and his investment company Kingdom Holding have built their combined stake in Twitter to more than five percent.6
- The top Democrat on the U.S. Senate Banking Committee is conducting a wide-ranging inquiry into Wall Street’s compliance with government enforcement settlements.7
- Prime Minister Shinzo Abe appointed a minister charged with spearheading his effort to halt the slide in Japan’s population, which the premier has made the centerpiece of his new plan to revive the world’s third-largest economy.8
- Deutsche Bank won a ruling forcing Norwegian entrepreneur Alexander Vik to tell a U.K. judge why he hasn’t paid the German lender a $250 million debt stemming from a failed lawsuit.10
- Glencore shares rose for a fourth day in London, its longest run of gains since July.11
- Two Chinese startups separately backed by Alibaba and Tencent have agreed to a merger that will create a $15 billion provider of local services.12
- A noisy yellow machine laying down railroad track near Alva, Oklahoma -- as much as a mile a day of concrete and steel -- is Warren Buffett’s solution to the industry’s dwindling coal traffic.
- James Hankle, a 50-something software engineer sporting blue jeans and a Green Party T-shirt, is trying to explain his fix for Vancouver’s runaway property prices when he’s interrupted by a eavesdropping passerby: “Stop allowing people from China to buy our houses and leave them vacant,” she says and walks away.