Global shares rise as Riksbank helps ease Fed wait (Reuters) Asian Stocks Retreat Before Fed as Material Shares Lead Losses (BBG) For Fed, a Rates Puzzle Looms (WSJ) What the Superforecasters Say About When the Fed Will Lift Rates (BBG) U.S. Looks at Proposals to Step Up Fight Against Islamic State (WSJ) China Steel Head Says Demand Slumping at Unprecedented Speed (BBG) VW slumps to first quarterly loss in at least 15 years (Reuters) Taliban overrun district in quake-hit northern Afghanistan (Reuters) John Cryan's Biggest Challenges at Deutsche Bank in Five Charts (BBG) Saudi-led coalition drops weapons for allies in Yemeni city (Reuters) Inside the Old Psych Hospital Reborn As a Home for Money Managers (BBG) SEC Takes Tougher Stance on Enforcement in J.P. Morgan Case (WSJ) Barclays Confirms Jes Staley as CEO (WSJ) Why Is Silicon Valley Pouring Millions of Dollars Into Old Clothes? (BBG) Staley Says Barclays Must Complete Investment Bank Repositioning (BBG) Walgreens to buy rival Rite-Aid for $9.4 billion (Reuters) IBM Nearing Acquisition of Weather Co.’s Digital and Data Assets (WSJ) U.S. picks Northrop Grumman to build next long-range bomber (Reuters) Overnight Media Digest WSJ - The White House is seriously considering deploying a small squadron of Apache attack helicopters to Iraq as part of a package of new assistance programs to counter Islamic State.(http://on.wsj.com/1RdodvQ) - Federal regulators want to restrict JPMorgan Chase's ability to raise funds for clients, in an effort to impose a broader range of consequences on financial firms accused of breaking the rules.(http://on.wsj.com/1H98atk) - Goldman Sachs Group Inc said it is spinning out a collection of mobile-phone software it developed in-house into a new venture. That entity will be managed and majority-owned by Synchronoss Technologies Inc, a publicly traded software firm that is increasingly trying to target business customers, the companies said. (http://on.wsj.com/1kPeQYW) - The Pentagon awarded Northrop Grumman a $21.4 billion contract to build new long-range bombers for the U.S. Air Force in a fiercely-fought contest against a team of Boeing and Lockheed Martin. (http://on.wsj.com/1GHGvos) - International Business Machines Corp is nearing a deal to acquire the digital and data assets of Weather Co, owner of the Weather Channel, according to people familiar with the situation. (http://on.wsj.com/1P3rTAZ) - Walgreens Boots Alliance agreed to buy Rite Aid for about $9.4 billion, in a move that would create a drugstore giant as companies across the U.S. health-care industry look for ways to bulk up.(http://on.wsj.com/1KD7dcV) FT Royal Dutch Shell Plc will incur a $2 billion charge as it discontinues construction of its 80,000 barrel-per-day Carmon Creek thermal oil sands project in Alberta because of the lack of infrastructure to move Canadian crude to market, the company said on Tuesday. Anheuser-Busch InBev and SABMiller Plc have agreed to extend a deadline set for 5 p.m. on Wednesday to complete the 68 billion euro takeover deal. A request to extend the deadline was likely to be granted by the UK regulators, according to people involved in the talks. The European Parliament on Tuesday stoked the pressure on EU regulators by calling for an investigation of Brussels' looking over the Volkswagen AG scandal. The move followed revelations that senior European Commission officials were aware automakers were cheating emissions tests as far back as 2013. NYT - Walgreens Boots Alliance Inc said on Tuesday that it would buy Rite Aid Corp for more than $9.4 billion in cash, significantly bolstering its influence with drug makers and pharmacy benefit managers.(http://nyti.ms/1OX8Zxc) - General Motors Co is recalling about 1.4 million vehicles, including about 1.3 million in the United States, because oil dripping on hot engine components has continued to cause fires despite three earlier recalls, the automaker said on Tuesday. (http://nyti.ms/1KEoGBF) - Anthony J. Albanese, the top financial regulator in New York State, announced his pending departure in an internal memorandum on Tuesday, seeking to dispel recent reports that he was resigning over a feud with the office of Governor Andrew Cuomo. (http://nyti.ms/1RdrYS0) - The Pentagon said on Tuesday that it had awarded a contract to build the next-generation long-range strike bomber, with an initial value of $21.4 billion, to Northrop Grumman Corp , which already makes the B-2 bomber. (http://nyti.ms/1WhQL8E) - The pressure on the medical testing company Theranos intensified Tuesday when the Food and Drug Administration released two reports saying the company had used an unapproved medical device, did not adequately follow up on customer complaints and had various deficiencies in quality control procedures. Canada THE GLOBE AND MAIL ** Glen Abbey, home to 27 Canadian Opens and site of one of the most famous shots in this country's golf history, could become a huge housing and commercial project if its owner follows through on a preliminary proposal to redevelop the prime property. Glen Abbey's parent, ClubLink Corp, has filed a request to turn the famed 230-acre golf course into a residential community of about 3,000 homes, as well as offices and retail stores. (http://bit.ly/1Wi9jWl) ** Defense experts are skeptical that Justin Trudeau's Liberal government will reap any significant windfall from buying a warplane that is cheaper than the controversial F-35 fighter. The Liberals promised to look elsewhere for a plane and plow the savings into more ships for the Royal Canadian Navy. Military experts say different aircraft might not be a bargain when the costs of buying, operating and maintaining them over 20 to 30 years are tallied up. (http://bit.ly/1WhkG6j) ** Alberta's NDP government is pouring C$34-billion ($25.70 billion) into infrastructure projects over the next five years, creating a program that gives companies as much as C$5,000 for each new hire, and increasing taxes on tobacco and alcohol for the second time in a year. The measures are being tabled at a time when the New Democrats are forecasting near-record deficits, unprecedented debt and a provincial economy faltering in the face of low oil prices and steady layoffs. (http://bit.ly/1NzuPDL) NATIONAL POST ** Squeezed by falling oil prices and a lack of pipeline capacity, Royal Dutch Shell Plc said it is halting the development of its Carmon Creek thermal oilsands project in northern Alberta and expects to take a C$2 billion restructuring charge as a result of the decision. (http://bit.ly/1PTZVsc) ** The Ontario Real Estate Association insisted that the governing Liberal party is going ahead with plans that will allow municipalities to follow Toronto's lead and implement their own land transfer tax. Ontario government officials deny anything has been decided. (http://bit.ly/1k7iYTj) China 21ST CENTURY BUSINESS HERALD - Israel may make it more easier for Chinese residents to go to Israel, possibly granting 10-year visas, said Silvan Shalom, vice prime minister and interior minister of Israel, at a forum in Shanghai on Tuesday. SECURITIES TIMES - China's mutual funds suffered a total loss of 650.3 billion yuan ($102.38 billion) in the third quarter, the highest quarterly loss on record, according to TX Investment Consulting. NATIONAL BUSINESS DAILY - China Merchants Property Development Co Ltd suffered a foreign exchange loss of 428 million yuan ($67.38 million) in the third quarter, and attributed the loss to the wobbling currency rate in August. CHINA DAILY - Coretronic Corp, a Taiwan-based maker of touch screen panels for Apple Inc, is halting production at one of its China facilities in Nanjing due to dwindling iPad sales, a company official said. Britain The Times A hefty drop in activity in the construction sector dragged down overall growth in the UK economy between July and September. (http://thetim.es/1XxBanS) BP Plc has bet on the price of oil rising to $60 a barrel in the next two years as it announced further cuts to spending and asset sales worth billions of dollars. (http://thetim.es/1PT608b) The Guardian The government has pledged to help the struggling British steel industry compete with foreign rivals by backing measures including a lowering of energy costs and reducing business rates. (http://bit.ly/20920oD) The Telegraph In an open letter, the founders of Lastminute.com, TransferWise, Zopa, Unruly, Crowdcube, Nutmeg and Shazam, alongside 230 other technology start-ups and investors, have challenged Prime Minister David Cameron to reconsider plans to place further restrictions on skilled migration, claiming that "this could restrict growth and hurt the UK's digital economy". (http://bit.ly/1S7YbL4) Britain has leapfrogged the United States to become the top country in the G7 to do business, according to the World Bank. (http://bit.ly/1H8bHbo) Sky News Mobile phone roaming charges in the European Union are to be scrapped by the middle of 2017 after new rules were formally approved by MEPs. (http://bit.ly/1GHoKWl) Major lenders are privately urging the government to extend the cooling-off period within which customers can change their mind about using a claims-handling firm to pursue their quest for compensation. (http://bit.ly/1LX7rxu) The Independent WM Morrisons Supermarket Plc is being sued by more than 2,000 staff after some of their personal and financial details were posted online. (http://ind.pn/1NywxFx)