Commodities in crisis as Asian shares tumble and shipper files for bankruptcy (Reuters) Global Rout Eases as S&P 500 Futures Advance With Oil, Glencore (BBG) Chinese Stocks Decline Most in a Month in Hong Kong on Economy (BBG) India cuts interest rates by more than expected (BBC) Glencore Rebounds as $50 Billion Plunge Is Seen as Excessive (BBG) Glencore Shares Plunge as Debt Fears Rattle Investors (WSJ) How Congress May Have Saved Goldman Sachs From Itself (BBG) Investors Fall Out of Love With Deals (WSJ) Volkswagen to refit cars affected by emissions scandal (Reuters) So much for the recovery miracle: Spanish inflation dives, falls to -1.2% (MW) Obama, Putin spar over Syria (Reuters) US allies "strike" again: Death toll from air strike on Yemen wedding party rises above 130 (Reuters) U.S. Warplanes Carry Out Airstrike in Northern Afghanistan (WSJ) Plaza Hotel Sale Mired in Legal Battle (WSJ) Aexl Springer acquires Business Insider for $442 million, "valued" 77% more than Washington Post (Springer) Big Auto look to tech companies to fix cars over the air (Reuters) Jeb Bush energy plan emphasizes jobs, lower prices (Reuters) Overnight Media Digest WSJ - Aluminum maker Alcoa Inc, hurt by depressed prices, said it plans to split into two publicly traded companies next year, one a maker of raw aluminum and the other focused on high-tech parts for the aerospace industry.(http://on.wsj.com/1KOXsd1) - Google Inc designed its self-driving cars to follow the rules of the road. Now it's teaching them to drive like people by cutting corners, edging into intersections and crossing double-yellow lines. (http://on.wsj.com/1KOXAZP) - Workers at several of Fiat Chrysler Automobiles NV factories have rejected a proposed labor contract, indicating the Italian-U.S. auto maker is having a tough time selling a four-year deal that raises wages but falls short of expectations. (http://on.wsj.com/1KOXCAV) - Yahoo Inc's bold plan to spin off more than $20 billion worth of shares in Alibaba Holding Group Ltd without incurring a tax bill just got riskier. The Internet company said in a filing Monday it will move forward with a spinoff despite not having the explicit blessing of tax regulators. (http://on.wsj.com/1KOXL7y) - Royal Dutch Shell Plc said it would end its controversial $7 billion drilling program in the Alaskan Arctic after a disappointing drilling season, becoming the latest big oil company to abandon the riches under the northern seas in the face of stubbornly low crude prices. (http://on.wsj.com/1KOXTns) - U.S. President Barack Obama and his Russian counterpart Vladimir Putin on Monday clashed publicly over how to resolve the conflict in Syria, in a showdown in front of the rest of the world's leaders that added uncertainty to the burgeoning crisis in the Middle East. (http://on.wsj.com/1KOY2HH) FT German prosecutors launched an investigation against former Volkswagen chief Martin Winterkorn on whether he defrauded customers on the global diesel emissions scandal. Royal Dutch Shell Plc has withdrawn its exploratory efforts to discover oil in Arctic, after spending nine years and about $7 billion in the Chuckchi Sea off the coast of Alaska. Price of Energy Transfer Equity's units were down more than 10 percent at $20.75 in New York while Williams shares were down about than 10 percent at $37.54, giving a sense of the reaction investors had about the news of the merger. Virgin Media, in its bid to up the ante against its rival BT Plc, will increase its Internet speed to 200 megabits per second this week. The new speed offered by the Liberty Global -owned service is about three times faster than BT. NYT - Meadow Rain Walker, the daughter of the "Fast & Furious" star Paul Walker, filed a suit in Los Angeles against Porsche cars North America and its parent company, Porsche Automobil Holding SE, among others, claiming the carmaker left crucial safety features off the high-powered Carrera GT in which Paul Walker died in 2013. (http://nyti.ms/1FyJorc) - Royal Dutch Shell Plc ended its expensive and fruitless nine-year effort to explore for oil in the Alaskan Arctic, a $7 billion investment, in another sign that the entire industry is trimming its ambitions in the wake of collapsing oil prices. (http://nyti.ms/1Vk00Kj) - Switzerland's Competition Commission said it had begun investigating seven financial institutions, including the Swiss banks UBS and Julius Baer, over potential collusion to manipulate the precious-metals market. (http://nyti.ms/1PKC3VA) - Private equity and hedge fund firms have bought more than 100,000 troubled mortgages at a discount from banks and federal housing agencies, emerging as aggressive liquidators for the remains of the mortgage crisis that erupted nearly a decade ago. (http://nyti.ms/1MCCvVf) - The Nexstar Broadcasting Group said it had made an unsolicited offer to buy Media General for $1.85 billion in cash and stock, potentially upending Media General's recent bid for Meredith Corp. (http://nyti.ms/1NYDMb4) Canada THE GLOBE AND MAIL ** General Electric Co is planning to build a $265 million engine plant in Canada. The company will close down its operation that makes gas-powered engines in Wisconsin and construct a plant in Canada, creating 350 new jobs here, the company said on Monday. The site of the plant has not yet been chosen. (http://bit.ly/1WtxVxm) ** The governing Conservatives have lined up enough support for the Pacific Rim trade agreement from big auto-parts makers to expose a split in the industry ahead of talks this week that may yield a 12-country deal. Talks between trade ministers resume shortly in Atlanta and one of the most contentious subjects is provisions agreed to by Japan and the United States that some warn could sideswipe some of the 80,000 auto-parts manufacturing jobs in Canada. (http://bit.ly/1L1NlVQ) NATIONAL POST ** With the construction of new pipelines in Canada and the United States stalled, local oil and gas company executives are considering moving investment dollars south, to Mexico. A delegation of Mexican politicians and business leaders met with energy company executives in Calgary on Monday to encourage local oilpatch players to invest in, and build pipelines in, Mexico's newly de-monopolized oil and gas sector. (http://bit.ly/1O5uvzt) ** Alberta's premier Rachel Notley says her government may opt out of a national cap-and-trade system recently proposed by the federal New Democratic Party to govern greenhouse-gas emissions, opting instead to manage emissions from within the province. "We may address climate change using different tools than Ontario and Quebec will use. A national cap and trade program may not be our best road forward," said Notley during a speech. (http://bit.ly/1O5uUSk) Britain The Times Royal Dutch Shell Plc ordered a retreat from the Arctic yesterday, as it abandoned plans to drill for oil in Alaska's Chukchi Sea, despite forfeiting nearly $9 billion in total costs. (http://thetim.es/1Jzht5h) It has emerged that a Brazilian congressional inquiry into Petrobras Argentina SA is being widened to include Rolls-Royce Holdings Plc's relationship with the state oil and gas company, according to reports. (http://thetim.es/1JzhUwu) The Guardian A private hearing is to take place in December in which the Serious Fraud Office is thought to be pressing ahead with seeking legal documents from Barclays Plc as part of its ongoing investigation into the bank's 2008 rescue fundraising. (http://bit.ly/1JzicDJ) German prosecutors have launched an investigation into the former chief executive of Volkswagen AG as a result of the diesel emissions-rigging scandal. (http://bit.ly/1Jzik63) The Telegraph Business leaders branded UK's Shadow Chancellor of the Exchequer John McDonnell an "interventionist" and accused him of taking a "pure fantasy" approach to the UK economy, after he told the Labour Party conference he would review the "entire tax system". (http://bit.ly/1JzitGE) The European Commission will revise the VAT regime for tech start-ups after agreeing with UK Prime Minister David Cameron that they were punishing British entrepreneurs. (http://bit.ly/1JziGd0) Sky News Up to 1,700 workers are to lose their jobs after Thai firm Sahviriya Steel Industries PCL announced it was closing its iron and steel making works on Teesside. The company said it was with "regret" it had to announce the decision to mothball the facilities at its Redcar plant. (http://bit.ly/1Jzj0Z8) Sky News has learnt that the Competition and Markets Authority will announce before the stock market opens the outcome of an inquiry lasting nearly seven months which could have a direct impact on millions of consumers' electricity bills. (http://bit.ly/1Jzj3UM) The Independent Bank of England officials will follow in the footsteps of their U.S. counterparts and delay raising interest rates, according to the Centre for Economics and Business Research. (http://ind.pn/1Jzj9vH)