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TradeBriefs Editorial

From the Editor's Desk

Get More Funding for Your R&D Initiatives

Although financial analysts widely acknowledge that innovation is a key driver of business growth and business sustainability, the financial markets do not reward innovation investments, largely because companies do a poor job of making innovation transparent to investors and analysts.  There are legitimate reasons for being careful with information but the authors argue that companies could benefit from sharing progress with their project pipelines and communicating their decision-making progress.

Continued here


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Oil extends gains on US strategic reserve purchases    
Oil extends gains on US strategic reserve purchases
This week, investors are watching for guidance on interest rate policies from meetings at five central banks, including the Federal Reserve, and data on U.S. inflation, for their impact on the global economy and oil demand.


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Brittany Higgins' parents tell court 'vivacious' daughter became 'withdrawn' after alleged rape    
Brittany Higgins' parents tell court 'vivacious' daughter became 'withdrawn' after alleged rape
Payne said: "And she said, 'Sure, go for it'. And I remember that those were the exact words [that] were said: 'go for it'. And I said 'did he rape you?' And her response was 'I could not have consented it would have been like fucking a log'."






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Weather tracker: temperatures hit 43.5C in Australia as 2023 on track to be hottest year    
Weather tracker: temperatures hit 43.5C in Australia as 2023 on track to be hottest year
Finally, severe storms and tornadoes caused extensive damage and a number of fatalities across parts of the southern US state of Tennessee on Saturday. At least six people have been reported dead in Montgomery County and Nashville. The National Weather Service issued multiple tornado warnings ahead of the storms. More than 80,000 people were left without power, with damage to homes in the city of Clarksville. Power lines, houses and many trees were also damaged in the town of Dresden. It is normally too cold and dry across this part of the US for severe storms during the month of December.


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Cop28 live: 'time to be ambitious' says president as summit enters final days    
Cop28 live: 'time to be ambitious' says president as summit enters final days
Yesterday, the Cop president, Sultan Al Jaber, warned the summit that ambition must be stepped up. "The time has come for us to switch gears. We need a text agreed by everyone on greenhouse gases … It boils down to the need for all parties to come to terms (with the fact) that we will deliver the highest ambition. All parties should come to terms with this fact."




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Storm Moves Into Northeast, Bringing Heavy Rains and High Winds    
Storm Moves Into Northeast, Bringing Heavy Rains and High Winds
The Northeast was not the only part of the United States to experience severe weather this weekend. On Saturday, officials said six people were killed and more than 20 hurt after powerful storms blew through parts of Tennessee. Tornado watches and warnings as well as severe thunderstorm warnings were posted throughout the South.


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Corporate America Is Testing the Limits of Its Pricing Power    
Corporate America Is Testing the Limits of Its Pricing Power
Joe Rennison writes about financial markets, a beat that ranges from chronicling the vagaries of the stock market to explaining the often-inscrutable trading decisions of Wall Street insiders. More about Joe Rennison




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'Thankful': Bronny James Makes USC Debut Nearly 5 Months After Cardiac Arrest    
'Thankful': Bronny James Makes USC Debut Nearly 5 Months After Cardiac Arrest
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Frank Wycheck, NFL Great Who Threw The Lateral In 'Music City Miracle,' Dead At 52    
Frank Wycheck, NFL Great Who Threw The Lateral In 'Music City Miracle,' Dead At 52
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Want to buy property in the UK? Now could be the right time, experts say    
Want to buy property in the UK? Now could be the right time, experts say
\"The supply/demand imbalance will remain into 2024 but demand will weaken as affordability pressures build,\" he said. However, rents are still expected to increase by 4-5% next year, he said.


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Azerbaijan wins regional backing to host COP29 climate summit    
Azerbaijan wins regional backing to host COP29 climate summit
\"We can\'t let Azerbaijan use COP29 to distract from its abysmal record on freedom of speech and human rights,\" said Joe Bardwell, a spokesman for Publish What You Pay, the organization that created the EITI.




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Japanese tech giant Rakuten plans to launch proprietary AI model    
Japanese tech giant Rakuten plans to launch proprietary AI model
A Rakuten spokesperson later clarified that there is no timeline for a launch, but instead there may be an announcement related to its large language model potentially within the next couple of months.


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Fenway moves forward in final talks to invest in PGA Tour's Saudi deal    
Fenway moves forward in final talks to invest in PGA Tour's Saudi deal
The PGA Tour and the PIF agreed to the merger in June but have gone back and forth on the specific deal terms due partially to resistance from big-name PGA Tour players like Rory McIlroy. The deal also faced probing from lawmakers who are skeptical of Saudi Arabia\'s intentions, claiming that the country might be trying to gain influence in the U.S. via sports investment.




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Australian public schools must be fully funded 'as soon as possible', independent review finds    
Australian public schools must be fully funded 'as soon as possible', independent review finds
The Greens spokesperson for education, Penny Allman-Payne, said it was "critical" a timeframe to fully fund public schools was confirmed at the start of the next agreement in the new year.


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Morry Schwartz steps aside as chairman of independent publisher Schwartz Media    
Morry Schwartz steps aside as chairman of independent publisher Schwartz Media
Last week Parr told the Guardian he had quarrelled with Morry Schwartz about a week earlier about the situation in Gaza, including coverage of the issue in the Saturday Paper, which Parr said he perceived to be unjustifiably pro-Israel.




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Kerry Stokes to pay costs of Ben Roberts-Smith's defamation case    
Kerry Stokes to pay costs of Ben Roberts-Smith's defamation case
At Seven West Media's annual general meeting, Stokes said: "Ben Roberts-Smith is innocent and deserves legal representation and that scumbag journalists should be held to account. And quote me on that."


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Russia-Ukraine war live: four injured in Russian attack on Kyiv; Zelenskiy to arrive in Washington    
Russia-Ukraine war live: four injured in Russian attack on Kyiv; Zelenskiy to arrive in Washington
Britain said it had delivered two mine-hunting ships to Ukraine. The mine-hunters, originally HMS Grimsby and HMS Shoreham, were renamed Chernihiv and Cherkasy in Glasgow in June, and will help Ukraine to maintain a critical route for merchant shipping travelling across the Black Sea.




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Donald Tusk set to become Poland's prime minister after vote of confidence - Europe live    
Donald Tusk set to become Poland's prime minister after vote of confidence - Europe live
Parliament will vote on Tusk's government on Tuesday, and he could take office as soon as Wednesday, potentially enabling him to travel to a summit of EU leaders scheduled to take place on Thursday and Friday.


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US will 'lose face before world' if it abandons Kyiv, says ex-Ukraine president    
US will 'lose face before world' if it abandons Kyiv, says ex-Ukraine president
He finished with a warning to the west, and to those contemplating leaving Ukraine to its difficult fate. "I want to say only one thing: we will not retreat. We will stand until the end," he said. "We will never give up - no way. If you help us, we will win. If you stop helping us, we can die." He added: "But then you will be the next ones Russia wants to destroy."


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Donald Tusk expected to become Poland's prime minister this week    
Donald Tusk expected to become Poland's prime minister this week
PiS has also left a legal minefield for the new government in various ostensibly neutral state institutions, which have been subject to a creeping takeover by PiS loyalists over the past eight years, including the court system and state media.


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Russia-Ukraine war at a glance: what we know on day 656    
Russia-Ukraine war at a glance: what we know on day 656
Britain said it had delivered two mine-hunting ships to Ukraine. The mine hunters, originally HMS Grimsby and HMS Shoreham, were renamed Chernihiv and Cherkasy in Glasgow in June, and will help Ukraine to maintain a critical route for merchant shipping travelling across the Black Sea.


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Israel-Gaza war live: Hamas issues warning over lives of hostages; UN general assembly to hold emergency meeting    
Israel-Gaza war live: Hamas issues warning over lives of hostages; UN general assembly to hold emergency meeting
Israel has carried out airstrikes near Syria’s capital Damascus late on Sunday, Syrian state news agency SANA said. The Israeli army declined to comment on the incident, but said separately that shots had been fired from Lebanon towards northern Israel on Sunday evening.


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Israeli troops reach heart of Khan Younis as Hamas threatens lives of hostages in Gaza    
Israeli troops reach heart of Khan Younis as Hamas threatens lives of hostages in Gaza
The Israeli army said earlier in the day that “suspicious aerial targets” had crossed from Lebanon and two were intercepted. Two Israeli soldiers were moderately wounded and a number of others lightly injured from shrapnel and smoke inhalation, it said.


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Beyoncé and Neil Young song fund Hipgnosis sells 20,000 songs for £18m    
Beyoncé and Neil Young song fund Hipgnosis sells 20,000 songs for £18m
The fund faces other problems. Its auditor, PwC, last month said it would not reapply for the job, and it is seeking a new chair after shareholders voted symbolically against Andrew Sutch, its outgoing chair. Hipgnosis will report results for the six months to 30 September on Tuesday next week.


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High-end bikes and overcrowded homes: where poverty hides in Oxford    
High-end bikes and overcrowded homes: where poverty hides in Oxford
Others in the wider area say there are clusters of East Timorese people living in overcrowded shared housing, often with friends and without contracts. They often work long hours in insecure work.


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The climate crisis will amplify the UK's existing health inequalities    
The climate crisis will amplify the UK's existing health inequalities
She added: "Even with timely and effective adaptation, and rapid reductions in greenhouse emissions, there will be residual risks that health systems will need to manage. Filling the research gaps will help ensure that interventions to address the health risks will further identify vulnerable populations and interventions to protect and promote health while decreasing inequities. The results of the negotiations at Cop28 will be critical for determining the future health risks of climate change."


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Rishi Sunak's 'eat out to help out' scheme to come under scrutiny at Covid inquiry    
Rishi Sunak's 'eat out to help out' scheme to come under scrutiny at Covid inquiry
Sunak is also expected to be confronted over his claims that he could not deliver WhatsApp messages covering a crucial period because he had changed phones several times and the messages had not been backed up.


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Stonehenge campaigners' last-chance bid to save site from road tunnel    
Stonehenge campaigners' last-chance bid to save site from road tunnel
Holland said the impact of a tunnel would be felt across the world if it led to Stonehenge being stripped of Unesco status. "That would not only be humiliating for Britain but disastrous for world heritage sites across the world. If a wealthy country like Britain trashes their world heritage sites, it bodes badly for the rest of the world. I just hope the high court will save them blowing £2.5bn they don't really have."


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US multinationals underpaid £5.6bn in tax in UK last year, HMRC believes    
US multinationals underpaid £5.6bn in tax in UK last year, HMRC believes
The UK's digital services tax, introduced in 2020, generated £947m in income for HMRC in its first two years, but is intended as a temporary measure before new global tax rules drafted by the Organisation for Economic Co-operation and Development come into play, hoped to stop companies using transfer pricing to reduce their tax bill.


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How many times will the Fed cut rates? Here's what Wall Street expects for the key stock-market driver in 2024.    
How many times will the Fed cut rates? Here's what Wall Street expects for the key stock-market driver in 2024.
The Fed is scheduled to update its dot plot chart at its FOMC meeting next week, and expectations are that the median forecast of interest rate cuts from the Fed next year will jump to 50 basis points.


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Bitcoin’s 2023 Rally Frays During Brief 7.5% Drop Toward $40,000    
Bitcoin’s 2023 Rally Frays During Brief 7.5% Drop Toward $40,000
Bitcoin has jumped more than 150% year-to-date, energizing a wider recovery in digital-asset prices from a $1.5 trillion rout in 2022. The token remains well below its pandemic-era record of nearly $69,000 set just over two years ago.


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Dollar Could Extend Recovery if Fed Dampens Rate-Cut Expectations    
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WSJ News Exclusive | Boeing Has a Frontrunner to Be Its Next CEO    
WSJ News Exclusive | Boeing Has a Frontrunner to Be Its Next CEO
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed byour Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contactDow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.


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The Long Goodbye: Why Laid-Off Employees Are Still on the Job    
The Long Goodbye: Why Laid-Off Employees Are Still on the Job
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed byour Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contactDow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.


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North Carolina’s Billion-Dollar Bet on an EV Outsider    
North Carolina’s Billion-Dollar Bet on an EV Outsider
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed byour Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contactDow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.


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Weight-loss stock winners this year risk being losers in 2024    
Weight-loss stock winners this year risk being losers in 2024
Jefferies analysts last week named Novo as one of the four European stocks they see underperforming in 2024. There are “few key catalysts for Novo Nordisk over the coming 12 months, with pipeline perfection for earlier-stage assets likely already anticipated,” analyst Peter Welford wrote in a note.


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Crypto Exchange HTX Hit by $258 Million Outflow After Hack    
Crypto Exchange HTX Hit by $258 Million Outflow After Hack
TRX is at the center of US fraud allegations against Sun. The Securities and Exchange Commission in a March lawsuit accused him and his firms of market manipulation to make the token appear actively traded. Sun tweeted at the time that the suit “lacks merit.”


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Oil Edges Up After Glut Fears Drove Worst Losing Run Since 2018    
Oil Edges Up After Glut Fears Drove Worst Losing Run Since 2018
Timespreads, meanwhile, continue to flash signs of weakness. The three-month spreads for both Brent and WTI remain in a bearish contango structure — when later-dated contracts trade at a premium to nearer ones. Brent’s three-month spread was 13 cents in contango, compared with 86 cents in the opposite, bullish backwardated structure a month ago.


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Euro Area to Suffer First Recession Since Pandemic, Survey Shows    
Euro Area to Suffer First Recession Since Pandemic, Survey Shows
Economists lowered their projections for inflation through September 2024. But the quarterly forecasts were lifted higher beyond that, and don’t envisage price gains easing to the ECB’s 2% target during the period covered in the poll.


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Mortgage rates are sinking, but don't try to time the housing market by waiting for them to fall further, BofA exec says    
Mortgage rates are sinking, but don't try to time the housing market by waiting for them to fall further, BofA exec says
More housing market relief is expected next year, when the Federal Reserve will likely start cutting interest rates. But some analysts have warned further downside may be limited with mortgages ranging between 6% to 7% next year.


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Goldman Sachs projects two Fed rate cuts next year with first in Q3    
Goldman Sachs projects two Fed rate cuts next year with first in Q3
Goldman Sachs believes some participants might \"pencil in more cuts than before in response to the inflation news, but others might hold back to avoid encouraging the market to price too many cuts too soon.\"


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Poole no longer part of LSU's team, Mulkey says    
Poole no longer part of LSU's team, Mulkey says
LSU star forward Angel Reese, the Most Outstanding Player of the 2023 women\'s NCAA tournament, also missed four games in November for undisclosed reasons, returning Nov. 30 against Virginia Tech. Mulkey has gone as far as to say the team was dealing with \"locker room issues.\"


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Cowboys send message to rest of NFC with dominant win over Eagles    
Cowboys send message to rest of NFC with dominant win over Eagles
Troubling trend: The Eagles have now allowed 64 points in the final two minutes before halftime this season, the most in the NFL. It took the Cowboys just 1:28 to march 75 yards on eight plays for a Michael Gallup touchdown just before intermission to extend their lead to 24-6. -- Tim McManus




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