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LONDON/SINGAPORE, Nov 4 (Reuters) - Global stocks rose on Friday for the first time in three days ahead of key U.S. jobs data, as investors took heart from reports China may relax its COVID rules, boosting major currencies against the dollar and prompting a 2% rally in oil. The Hang Seng (.HSI) rose 5.4%, bringing gains for the week to 8.75%, its strongest weekly performance in a decade. This has been one of the factors that has enabled the Fed to relentlessly raise interest rates to tame inflation. In commodities, oil bounced, fuelled by hopes for a relaxation of zero-COVID rules in China, which is home to some of the world's biggest energy consumers. Brent crude rose 2% to $96.96 a barrel, while U.S. crude gained 2.8% to trade at $90.63 a barrel.

The approvals could reshape global trade flows and result in fewer sales for farmers in the United States, the world's top corn supplier. China relied on the United States and Ukraine for most of its corn supplies but Russia's invasion of Ukraine has disrupted exports. He said in an interview the list of approved Brazilian facilities that can export corn to China may be updated to include more units in coming weeks. Once China starts buying corn from Brazil, traditional Brazilian corn importers such as Spain and Egypt could shift some of their purchases to the United States. Beijing and Brasilia had signed a protocol for exporting corn from Brazil to China in 2014 but little trade had happened due to complex inspection requirements.

☆ Europe's militaries have been working together for years to keep an eye on what Russia is up to at sea
▼ + stars: | 2022-10-31 | by ( Constantine Atlamazoglou | ) www.businessinsider.com time to read: +6 min

The Nord Stream pipeline sabotage in September drew new attention to maritime threats in Europe. European militaries have already been working on new ways to protect undersea infrastructure. Although the pipelines were not in use— Nord Stream 1 was shut down in March by EU sanctions against Russia, and Nord Stream 2 wasn't yet operational—the incident highlights the risks to underwater infrastructure. Even before the war in Ukraine, Western officials had grown worried about increasing activity by Russian ships and submarines around underwater cables crossing the Atlantic. "Russia is clearly taking an interest in NATO and NATO nations' undersea infrastructure," the admiral said at the time.

☆ The British navy's aircraft carriers are back after 'a bit of a hiatus,' but one of them has an uncertain future
▼ + stars: | 2022-10-27 | by ( Christopher Woody | ) www.businessinsider.com time to read: +12 min

HMS Queen Elizabeth, deployed for the first time last year, sailing to the Pacific and back. Its flagship, HMS Queen Elizabeth, was commissioned in 2017 and is preparing to deploy with the UK-led Joint Expeditionary Force. HMS Queen Elizabeth, bottom, alongside HMS Illustrious in July 2014. Aircraft Carrier AllianceThe UK began a "long-lead skills program" in 2010, sending 300 aircraft handlers, aircraft controllers, and aircrew to embed with US Navy and Marine Corps units, said Cmdr. An Italian F-35B lands on HMS Queen Elizabeth, with a US Marine Corps F-35 in the foreground, on November 20, 2021.

☆ ADM's profit doubles on high global grain demand
▼ + stars: | 2022-10-25 | by ( Mike Stone | Nathan Gomes | ) www.reuters.com time to read: +1 min

Oct 25 (Reuters) - Grain merchant Archer-Daniels-Midland Co (ADM.N) on Tuesday reported a 96% rise in its third-quarter profit, bolstered by high demand and tight global grain supplies. Global grain merchants like ADM tend to thrive when crises such as drought or war trigger shortages in parts of the world. Tight global grain supplies and strong demand for food and fuel have kept grain prices high since Russia's invasion of Ukraine, which accounted for 10% and 15% of global wheat and corn exports before the war, helping the company's bottom line. "Global demand remains robust... We're well positioned to end 2022 strong, and carry that momentum into 2023," said Chief Executive Officer Juan Luciano. Register now for FREE unlimited access to Reuters.com RegisterReporting by Arshreet Singh in Bengaluru; editing by Milla NissiOur Standards: The Thomson Reuters Trust Principles.

☆ ADM's third-quarter profit nearly doubles
▼ + stars: | 2022-10-25 | by ( Mike Stone | Nathan Gomes | ) www.reuters.com time to read: 1 min

Oct 25 (Reuters) - Global grain merchant Archer-Daniels-Midland Co (ADM.N) on Tuesday reported a 96% rise in third-quarter profit, bolstered by high demand and tight global grain supplies. Net earnings attributable to ADM were $1.03 billion, or $1.83 per share, in the three months ended Sept. 30, compared with $526 million, or $0.93 per share, a year earlier. Register now for FREE unlimited access to Reuters.com RegisterReporting by Arshreet Singh in Bengaluru; editing by Milla NissiOur Standards: The Thomson Reuters Trust Principles.

☆ Not a good idea to try to rationalize with Russian President Putin, says Adm. James Stavridis
▼ + stars: | 2022-10-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNot a good idea to try to rationalize with Russian President Putin, says Adm. James StavridisAdm. James Stavridis, FMR. NATO Supreme Allied Commander, joins 'The Exchange' to discuss geopolitics' impact on the global stage.

☆ The US Coast Guard's biggest ship made a rare trip to the North Pole amid warnings about Russian and Chinese moves in the Arctic
▼ + stars: | 2022-10-23 | by ( Christopher Woody | ) www.businessinsider.com time to read: +7 min

US Coast Guard icebreaker Healy made a rare trip to the North Pole at the end of September. Healy is one of only two icebreakers operated by the Coast Guard, and both of them are aging. Kenneth Boda, said in a release, calling it a "rare opportunity" and "a highlight of our Coast Guard careers." "This includes expanding the US Coast Guard icebreaker fleet to support persistent presence in the US Arctic and additional presence as needed in the European Arctic," the document adds. (The icebreaker Polar Sea, built alongside Polar Star, has been nonoperational since 2010 and is used for spare parts.)

☆ NATO navies are teaming up for the first time to practice using drones to hunt submarines and other undersea threats
▼ + stars: | 2022-10-21 | by ( Constantine Atlamazoglou | ) www.businessinsider.com time to read: +7 min

The exercise, Dynamic Messenger 22, was held in the waters off of Portugal's Troia Peninsula from September 23 to September 30. NATO Maritime CommandDynamic Messenger 22 involved 1,500 personnel from 16 NATO member-states operating more than 18 ships and 48 unmanned vehicles. NATO Maritime CommandMany NATO members see unmanned maritime assets as valuable additions to their fleets, and the role of those assets in alliance naval exercises has increased in recent years. A concerted effortA drone helicopter in use during NATO exercise Dynamic Messenger. NATO Maritime CommandREPMUS — short for "Robotic Experimentation and Prototyping using Maritime Uncrewed Systems" — supports NATO's Maritime Unmanned Systems Initiative, which was launched in October 2018 to promote the use of unmanned systems in the alliance's naval operations.

☆ We will have yet another Turkish lira crisis on our hands, strategist says
▼ + stars: | 2022-10-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe will have yet another Turkish lira crisis on our hands, strategist saysMarc Ostwald of ADM Investor Services International discusses Turkey's unorthodox monetary policy in a time of soaring inflation.

☆ Earnings are off to a surprisingly decent start. Next week is the big test for tech
▼ + stars: | 2022-10-21 | by ( Jim Cramer | ) www.cnbc.com time to read: +7 min

Stocks rallied this week as earnings season ramped up and is so far off to a better-than-expected start. With 20% of the S & P 500 having reported financials so far, sales results have thus far been 1.4% above expectations while earnings results are 5.4% above expectations, in aggregate. That inverse correlation between bond yields and stocks was powerful enough to trump positive earnings reports. Looking back On the earnings front, we got results from Johnson & Johnson (JNJ), Procter & Gamble (PG), and Danaher (DHR). As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Fake meat challenges name ban in Paris restaurant debut
▼ + stars: | 2022-10-19 | by ( ) www.reuters.com time to read: +3 min

Chefs walk past the logo of Israeli start-up Redefine Meat which produces 3D printed plant-based vegan meat, at SIAL food and innovation exhibition in Villepinte, near Paris, France October 19, 2022. REUTERS/Benoit TessierPARIS, Oct 19 (Reuters) - The arrival of veggie meat dishes on Parisian steakhouse menus with names such as "tenderloin" and "flank" poses a challenge to French government efforts to ban meat names for plant-based products. The products of Redefine Meat made their debut in a Parisian restaurant this week after the Israeli startup firm struck a deal with importer Giraudi Meats to drive European distribution of its "New Meat" steak cuts produced on 3D printers. Beyond Meat (BYND.O), one of the world's leading plant-based meat producers, cut its revenue forecast last week. Redefine Meat sells its New Meat in almost 1,000 restaurants in Israel, Britain, the Netherlands and Germany, and they currently pay about $40 per kilo for its steak cuts.

☆ NATO is pouring concrete to support new 'battlegroups' in 4 countries amid rising tensions with Russia
▼ + stars: | 2022-10-19 | by ( Constantine Atlamazoglou | ) www.businessinsider.com time to read: +7 min

NATO now has some 40,000 troops under its direct command in Eastern Europe — 30,000 of them in those eight battlegroups. More than a tripwireUS soldiers at a base in Latvia to support NATO's battlegroup there on February 25. Hungary had refused to accept NATO troops, with its foreign minister saying before Russia attacked Ukraine that Hungary's military could defend the country. Following Russia's invasion, Hungary was persuaded to host a few hundred NATO troops in a battlegroup that it would lead. Accommodating and integrating an influx of NATO troops is not easy, even for countries that are eager to counter Russia.

☆ Can sustainable soya farming come fast enough to save the Cerrado?
▼ + stars: | 2022-10-18 | by ( Mark Hillsdon | Mark Hillsdon Is A Manchester-Based Freelance Writer Who Writes On Business | Sustainability For The Ethical Corporation | ) www.reuters.com time to read: +12 min

“Crop finance is a key part of soy farmers' business models and there is a huge appetite and market for green finance,” he explains. It’s a message consistent with the UK Soy Manifesto, which now covers 60% of the soy coming into the UK. Unlocking green investment means this can now happen, he adds, by supporting sustainable agriculture and protecting forests in a financially sustainable way that rewards farmers. And ultimately it is the involvement of these traders in screening out “bad soy” on which any sustainable soy scheme succeeds or fails. The Retail Soy Group’s roadmap commits members to deforestation-free soy with a cut-off-date of August 2020, but soy traders aren’t following these guidelines, says Wijeratna.

☆ A fighter pilot's promotion shows how China's navy is learning from the US as its aircraft carrier fleet grows
▼ + stars: | 2022-10-17 | by ( Minnie Chan | South China Morning Post | ) www.businessinsider.com time to read: +5 min

The promotion of flying officers to command positions on China's carriers mirrors the US approach. A CCTV documentary highlights another similarity, with the Chinese navy now training its own pilots. "As a user of ship-borne weapons, I would share my [naval flight experiences] with comrades working in the equipment department and try efforts to improve our operational system, finding a better way to help China's aircraft carrier undertaking," Xu told a documentary on CCTV. The launch in June of China's third and most advanced carrier, the Fujian, has increased the demand for more outstanding carrier-based pilots like Xu. The new aircraft combat platform's electromagnetic catapults — similar to those on the USS Gerald R. Ford supercarrier — means the PLA Navy will have to master a new launch and recovery system.

☆ A portfolio manager beating 99% of his peers this year breaks down why the market has another 15% to 20% of downside ahead — and shares the biggest mistake investors could make once the Fed begins to
▼ + stars: | 2022-10-17 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +7 min

Drawing from the dot-com crash, he believes the current bear market still has 15%-20% more downside. Abate also shared the biggest mistake investors could make once the Fed begins to ease once more. Today's bear market mirrors the dot-com crashPart of Abate's investment process involves drawing parallels between the current market and historical recessions. "I still think that we are in the midst of a bear market. Similarly, both bear markets were also kicked off by an "excessive period of poor allocation of investment capital," Abate said.

☆ 9 Stock Picks, Investing Strategy From Top 1% Fund Manager in 2022
▼ + stars: | 2022-10-14 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +7 min

James Abate's fund has beaten 99% of its peers this year and over one, three, and five years. Here are his 9 standout stock picks which he says have enough pricing power to beat the bear market. He compared this dogmatic style of investing — purposely ignoring opportunities in the market — to horses running around a track with blinders on. Within energy, Abate specifically likes more gas-related names versus oil-related ones, with two standouts including Exxon Mobil (XOM) and EQT (EQT). Below is the full list of Abate's nine standout stocks along with the ticker, market capitalization, and sector for each.

☆ Navy SEAL trainee who died after Hell Week succumbed to acute pneumonia and cardiac arrest, report says
▼ + stars: | 2022-10-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Courtney-Kube-Circle-Byline-Template.Jpg | Courtney Kube | ) www.nbcnews.com time to read: +8 min

WASHINGTON — A Navy SEAL candidate who died hours after he completed the grueling stretch of training known as Hell Week succumbed to acute pneumonia and cardiac arrest, according to a military investigation obtained by NBC News. When he died on Feb. 4, Mullen had just completed the fourth week of Basic Underwater Demolition/SEAL (BUD/S) training, commonly known as Hell Week. By the time he successfully completed Hell Week, Mullen had gained 22 pounds from swelling and fluid retention, and he had to return to the barracks in a wheelchair. Just two months after Mullen died, a candidate tested positive for PEDs and was removed from training, according to the Navy. After Mullen died, Naval Special Warfare also began advanced cardiology screening for all candidates.

☆ A rout by the US in an air battle around Taiwan led Japan to adopt desperate tactics in World War II's final months
▼ + stars: | 2022-10-12 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +8 min

Their goal was to destroy as much of Japan's air and naval strength before US troops landed on the Philippine island of Leyte. A diversionA Japanese heavy cruiser after being bombed by US Navy aircraft during the Battle of Midway in June 1942. But Japan's air and naval power were still major threats, and to ensure the Philippines could be liberated, they had to be degraded, if not eliminated. By 1944, Japanese military leaders recognized their situation and devised a plan to prepare for US invasions of Japanese-held territory. Japanese attempts to attack the carriers were fruitless, with 42 more Japanese planes shot down trying to conduct attack runs.

☆ With Russia lurking on NATO's southern flank, Italy is working on new jets and new carriers to keep an eye on things
▼ + stars: | 2022-10-11 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +7 min

Protecting NATO's southern flankAn Italian soldier stands guard at NATO's Joint Force Command in Naples in March 2011. MARIO LAPORTA/AFP via Getty ImagesWhile often overshadowed by Europe's other major military powers, Italy is an important part of NATO's defense posture. Russian navy ship Veliky Ustyug at Russia's base in Tartus, Syria in September 2019. US Navy/MCS3 Crayton AgnewItaly's air force and navy both operate the F-35B, the short-takeoff-and-vertical-landing version of the F-35. Italian navy and air force F-35s have already operated together aboard Cavour.

☆ Sterling falls for a fifth day; turmoil dogs the bond market
▼ + stars: | 2022-10-11 | by ( Amanda Cooper | ) www.reuters.com time to read: +4 min

LONDON, Oct 11 (Reuters) - The pound fell for a fifth day on Tuesday as the turmoil engulfing UK government bond markets forced the Bank of England to step in yet again to attempt to stem a damaging sell-off in the country's debt. Sterling fell 0.3% to $1.1036, and was also down 0.3% versus the euro at 88.00 pence. If you have a look at the population of holders of long-dated UK assets - anything that is 15-20 years - it's mostly domestic funds," ADM Investor Services Chief Economist Marc Ostwald said. The pound promptly nosedived and the gilts market went into a tailspin, putting pension funds at risk of insolvency. But sterling's problems extend beyond the liquidity crunch in the gilts market.

A North Korean missile launch is seen in a photo released by state media on Monday. Rodong SinmunAnalysts noted that with Monday’s reports, North Korea broke six months of silence on its testing program. Kim Jong Un watches a missile launch in a photo released by North Korean state media on Monday. Rodong SinmunIn the report, Kim called South Korea and the United States “the enemies” and said North Korea doesn’t need to hold talks with them. North Korean leader Kim Jong Un observes a military drill on October 8 in photo from North Korean state media.

☆ 80 years after launching the first drone from an aircraft carrier, the US Navy is planning to fill its flattops with them
▼ + stars: | 2022-10-10 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +6 min

Navy officials now say that they hope to have drone aircraft compose 60% of their carrier air wings. That distinction belongs to Naval Aircraft Factory's TDN-1, which on August 10, 1943 became the first US Navy drone to take off from an aircraft carrier. The first carrier droneA TDN-1 drone on its first piloted flight over Traverse City in Michigan on May 19, 1943. A TDN-1 drone aboard US Navy training carrier USS Sable off of Traverse City on August 10, 1943. On August 10, three TDN-1s made history when they took off from the training aircraft carrier USS Sable in Lake Michigan.

☆ The US Navy's new high-tech aircraft launcher is being prepped for deployment on France's new nuclear-powered carrier
▼ + stars: | 2022-10-09 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +7 min

The new carrier will have the same aircraft launch and recovery systems as the US's newest carriers. It is the latest development in France's ambition to build a new nuclear-powered aircraft carrier, a project known as the Porte-Avions de Nouvelle Génération, sometimes called PANG, which translates to "New Generation Aircraft Carrier." Charles de GaulleFrench aircraft carrier Charles de Gaulle. It is the only non-US nuclear-powered aircraft carrier in the world. Sailors prepare an F/A-18F for launch during testing with Ford's Electromagnetic Aircraft Launch System in January 2020.

☆ The security of Europe's oil and gas pipelines is at risk after the suspected Nord Stream sabotage. Here's a map of the sprawling network.
▼ + stars: | 2022-09-30 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

The security of Europe's energy infrastructure is in the spotlight after the Nord Stream damage. Take a look at the sprawling network that transports natural gas around Europe. Leaks were found on Monday in the pipelines transporting natural gas from Russia to Europe after a fall in pressure was detected. A wider map of European natural gas infrastructure. Norway has more than 5,000 miles of oil and gas pipelines, according to Norwegian Petroleum, making the security task difficult.

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