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AT&T, Time Warner bonds widen on merger newsAT&T saw some of its shorter-term outstanding bonds widen sharply in secondary trade Monday after the telecoms giant announced a blockbuster US$85bn acquisition of Time Warner. AT&T's 2.8% 2021s were spotted at T+120bp, some 15bp wider than Friday's close, according to one trading source, while its 4.125% 2026s were spotted at T+170bp or 7bp wider on the day. Meanwhile Time Warner's 2.95% 2026 were bid 17bp wider at T+140bp after the announcement of the deal, which still needs the approval of US regulators.
Hayden a symbol of when youth took history into own hands

FILE - In this Dec. 6, 1973 file photo, political activist Tom Hayden, husband of Jane Fonda, tells newsmen in Los Angeles that he believes public support was partially responsible for the decision not to send him and others of the Chicago 7 to jail for contempt. Hayden, the famed 1960s anti-war activist who moved beyond his notoriety as a Chicago 8 defendant to become a California legislator, author and lecturer, has died at age 76. His wife, Barbara Williams, says Hayden died on Sunday, Oct. 23, 2016, in Santa Monica of a long illness. (AP Photo/George Brich, File)SANTA MONICA, Calif. (AP) ? Tom Hayden was long past his heyday of political rebellion and the Chicago 7 trial when he died on Sunday at age 76. But in American culture, he remained an enduring symbol of a time when young people took history into their own hands.

Another bid from China for US hotel; $6.5B for Hilton stakeNEW YORK (AP) ? HNA Group is snapping up a 25 percent ownership stake of the Hilton hotel chain for about $6.5 billion, the latest attempt by a Chinese interest to acquire real estate in the U.S.
Turkey says its artillery playing role in Mosul, jets on standbyBy Tulay Karadeniz and Ece Toksabay ANKARA (Reuters) - Turkish artillery fire has already played a role in the effort to drive Islamic State from the Iraqi city of Mosul and four Turkish fighter jets are on standby to take part in air operations, Foreign Minister Mevlut Cavusoglu said on Monday. Largely Sunni Muslim Turkey and the Shi'ite-dominated central government in Iraq are at loggerheads about the presence of Turkish troops at a military camp in northern Iraq, and about Ankara's demand to take part in the Mosul operation. Turkey says it has a responsibility to protect ethnic Turkmens and Sunni Arabs in the area around Mosul, once part of the Ottoman empire.
Egypt's security chief warns of scheme to incite chaos

FILE -- In this March 6, 2016 file photo, Egyptian Interior Minister Magdy Abdel-Ghaffar gives a live appearance on state and private television, in Cairo, Egypt. Abdel-Ghaffar warned of a ?conspiratorial scheme? by the now-banned Muslim Brotherhood to incite chaos, in comments published in state-owned newspapers Monday, Oct. 24, 2016. Abdel-Ghaffar said that the country is facing ?unprecedented challenges? that require a ?decisive? response by the police. The perceived fears come as shortages and rising food prices are feeding discontent among Egyptians, who are also enduring new taxes and a hike in utility bills. (AP Photo/Mohammed Abu Zaid, File)CAIRO (AP) ? Egypt's interior minister warned in comments published Monday that the country faced "unprecedented challenges" that required a "decisive" response by security forces, accusing the now-banned Muslim Brotherhood of inciting chaos and stoking fears of a popular backlash over rising price and biting economic reforms.

SpaceX's Elon Musk elaborates on plan to colonize Mars

FILE - In this Sept. 27, 2016, file photo, SpaceX founder Elon Musk speaks during the 67th International Astronautical Congress in Guadalajara, Mexico. Musk elaborated on his plans to colonize Mars in a Reddit session Sunday, Oct. 23, 2016. (AP Photo/Refugio Ruiz, File)SpaceX CEO Elon Musk has given more details about his plan to colonize Mars.

Eli Manning denies yelling 'Trump' to signal audible

New York Giants quarterback Eli Manning (10) shouts out during an NFL football game against Los Angeles Rams at Twickenham stadium in London, Sunday Oct. 23, 2016. (AP Photo/Tim Ireland)LONDON (AP) ? Eli Manning says he wasn't using Donald Trump's name in order to signal an audible during the New York Giants' victory over the Los Angeles Rams in London on Sunday.

Shares in Italian bank Monte Paschi rally on new planMILAN (AP) ? Shares in troubled Italian bank Monte dei Paschi di Siena have shot up 22 percent ahead of a new plan to be presented by CEO Marco Morelli.
5 dead in wrong-way crash on Massachusetts highwayMIDDLEBOROUGH, Mass. (AP) ? State police say five young adults have died in a fiery wrong-way crash on a southeastern Massachusetts highway.
Poles protest plan to ban abortion of unviable fetusesWARSAW, Poland (AP) ? Polish women are gathering in the streets of several cities across the country to protest a proposal for a new abortion law that would ban abortions in cases where fetuses are badly damaged or even have no chance of survival after birth.