- Rwanda Worries About Ebola From U.S., Spain. An Ebola-free nation seeking to prevent the spread of the virus said today it would require arrivals from two countries with known cases to report to authorities every day for three weeks. The country doing the requiring: Rwanda. The countries whose visitors face the reporting requirement: Spain and the U.S., some of whose embassy personnel are affected.
- Russia, Ukraine Seek Interim Gas Accord at Brussels Talks. Russia is optimistic about setting out a temporary agreement to help resolve a natural gas pricing dispute with Ukraine at talks today, according to Energy Minister Alexander Novak. “Expectations are positive,” Novak told reporters today in Brussels, according to the Russian energy minister’s press service. Russia expects to “formalize” issues agreed on in Italy last week, he said before a meeting with Ukrainian Energy Minister Yuri Prodan, brokered by European Union Energy Commissioner Guenther Oettinger.
- European Stocks Rise as Actelion, Swedbank Earnings Beat. European stocks advanced after companies including Actelion Ltd. and Swedbank AB posted better-than-estimated earnings, while the European Central Bank was said to have bought Italian covered bonds. Actelion added 3 percent after increasing its full-year prediction for a second time. Swedbank rose 4.7 percent after announcing job cuts and posting net income that beat estimates. Reckitt Benckiser Group Plc lost 2.1 percent after saying full-year sales growth will be at the lower end of its forecast. The Stoxx Europe 600 Index climbed 2.1 percent to 323.74 at the close of trading.
- Bears Target Tech Rebound Amid $8.3 Billion ETF Outlow. Traders are betting a recovery in technology stocks will fizzle on concern global economic growth fails to justify valuations. While the Nasdaq 100 Index climbed 2.8 percent in two days, after reaching a four-month low, the rebound followed six weeks in which investors pulled $8.26 billion from an exchange-traded fund tracking companies from Google Inc. to EBay Inc. Bearish options on the ETF cost the most in more than two years relative to bullish bets, data compiled by Bloomberg show. Nasdaq 100 stocks traded at the highest prices relative to earnings since March 2010 last month. That, plus concern that a stronger dollar will lower revenue for U.S. companies, makes technology shares more vulnerable to a selloff, according to Notz, Stucki & Cie.’s Pierre Mouton, who is reducing holdings of Microsoft Corp. and Intel Corp.
- They’re Tracking When You Turn Off the Lights. Municipal Sensor Networks Measure Everything From Air Pollution to Pedestrian Traffic; Building ‘a Fitbit for the City’.
- Subprime Bubble Pop 2.0? Department Of Financial Services Slams America's Largest Subprime Servicer.
- In Uncharted Waters. (graph)
CNN:
- The poor pose election risk, says Hong Kong's leader. Hong Kong's top official has offered a controversial defense of Beijing's plan for elections in the financial capital, warning that a free vote would give the city's poorest residents too much power.
- China may let local govts replace current debt with muni bonds - sources. A draft document circulated by China's Ministry of Finance on local government debt proposes letting them issue bonds to replace borrowings taken through opaque financing vehicles, according to people who have seen the draft. If such issuance were to be allowed, it could require a massive expansion of the country's fledgling municipal bond market.
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