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☆ Goldman Sachs' Currie says oil stocks are trading 'far below' their long-term trend
▼ + stars: | 2022-11-30 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Shares of energy companies could surprise markets and continue to rise, according to Goldman Sachs' head of commodities research, despite a recent fall in crude prices. Jeff Currie told CNBC that historically, stocks in the sector have traded at a higher premium to crude oil prices compared to current price levels . "There is a catch-up game going on between oil prices and ... equities," Currie said Tuesday. Spot oil prices and energy stocks tend to move in tandem. OPEC+ has recently hinted it could impose deeper output cuts to spur a recovery in crude prices .

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☆ 'Golden era' for Britain and China’s relationship is over, UK PM Rishi Sunak says
▼ + stars: | 2022-11-29 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

Sunak's comments come shortly after groups of people across China held public demonstrations to protest the country's stringent zero-Covid policy. U.K. Prime Minister Rishi Sunak said the so-called "golden era" of relations with China was over, warning that Beijing's move toward even greater authoritarianism posed a systemic challenge to Britain's values and interests. "Let's be clear, the so-called 'golden era' is over," Sunak said Monday in his first major foreign policy speech. His reference to the "golden era" for the U.K.-China relationship echoed comments made by former U.K. Finance Minister George Osborne in 2015, who had claimed Britain could be China's "best partner in the West." His comments come shortly after public demonstrations were held across China to protest the country's stringent zero-Covid policy.

☆ Netflix updates the laughs for a new decade in teaser for ‘That ’70s Show’ sequel series
▼ + stars: | 2022-11-29 | by ( Dan Heching | ) edition.cnn.com time to read: +1 min

CNN —Same old basement, same old Formans but a brand new decade. Instead, “That ’90s Show” features Callie Haverda as granddaughter Leia Forman, along with other up-and-coming stars Ashley Aufderheide, Maxwell Donovan, Mace Coronel, Reyn Doi, Sam Morelos and Andrea Anders. The teaser features the gallivanting kids being told not to dance by Red, before they zone out in a smoky haze (some things never change) and are later kicked out of the house – but not without getting delicious brownies from Kitty. The new show was created by “‘70s Show” creators Bonnie and Terry Turner, this time with their daughter Lindsey Turner, along with showrunner/executive producer Gregg Mettler. “That ’90s Show” will premiere on Netflix on January 19, 2023.

☆ Finance influencers on YouTube are facing anger and skepticism as crypto continues to reel with BlockFi's collapse
▼ + stars: | 2022-11-29 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +6 min

Finance influencers are facing skepticism and backlash from fans following the downfall of prominent crypto platforms, which some creators took an active role in promoting. Crypto lender BlockFi filed for Chapter 11 bankruptcy on Monday in the wake of FTX's implosion, which has rocked the sector. One notable YouTuber who has criticized influencers for peddling crypto and NFTs is Coffeezilla, who has 1.5 million subscribers. In a November 28 video, titled "My response to FTX," Stephan reflected on the mistakes he'd made. The response from his fans has been overwhelmingly negative, and the YouTube video has more dislikes than likes (it has over 8,000 dislikes).

☆ Progressives returned for third term in Australia's Victoria state poll
▼ + stars: | 2022-11-26 | by ( ) www.reuters.com time to read: +2 min

SYDNEY, Nov 27 (Reuters) - The progressive government of Australia's Victoria state won re-election on Saturday, clearing the way for spending on infrastructure, education and healthcare. After eight years in power, centre-left Labor was tipped to defeat its Liberal-National coalition opposition, and the government, led by Daniel Andrews, was comfortably returned at Saturday's poll. "I'm humbled and so grateful, so so grateful, that Victorians have re-elected a majority Labor government," Andrews told ABC television on Sunday morning. Four years ago, Labor returned to power in a landslide, winning just under two-thirds of seats, but polling in the final days of this campaign had suggested a tighter race. Victoria, with its capital of Melbourne, is Australia's second most populous state after New South Wales.

☆ Thousands of Australians strip for Tunick cancer awareness photo shoot
▼ + stars: | 2022-11-26 | by ( ) www.reuters.com time to read: +1 min

SYDNEY, Nov 26 (Reuters) - Some 2,500 people took off their clothes on Saturday to pose for U.S. photographic artist Spencer Tunick at Sydney's Bondi Beach in an effort to raise awareness about skin cancer. The New York-based artist collaborated with a charity on the naked art installation in a bid to raise awareness about melanoma, Australia's fourth most common form of cancer. The federal government estimates that this year 17,756 new cases of skin cancer will be diagnosed in Australia, and 1,281 Australians will die from the disease. A participant, Robyn Lindner, said she overcame nerves to strip for the shoot, which organisers said involved 2,500 people. Tunick last directed a mass shoot in Sydney in 2010, when 5,200 Australians posed naked at the Sydney Opera House.

☆ Ukraine says Russian missile strike on hospital killed newborn; Zelenskyy promises winter shelters
▼ + stars: | 2022-11-23 | by ( Sam Meredith | ) www.cnbc.com time to read: 1 min

Ukrainian President Volodymyr Zelenskyy said in his overnight address that winter shelters with basic services including heat, water and a first-aid kit would be freely available to citizens across the country. He said these "invincibility" centers would be necessary to support people in the event of further Russian attacks on the country's energy system. More than 4,000 centers have been prepared so far, Zelenskyy said. "I am sure [that] by helping each other, we will all be able to get through this winter together," he added. — Sam Meredith

☆ U.S. oil giants Exxon Mobil, Chevron and ConocoPhillips challenged over ‘secretive’ tax practices
▼ + stars: | 2022-11-21 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

Oxfam on Monday filed shareholder resolutions against U.S. oil giants Exxon Mobil, Chevron and ConocoPhillips, saying a lack of transparency over their global tax practices poses a material risk for long-term investors. The international relief charity said the companies' tax practices undermine the public's interest in a fair tax system — especially in Global South countries "with the greatest tax revenue needs." "Exxon, Chevron, and ConocoPhillips's threadbare tax disclosures leave investors, watchdog groups, and the general public in the dark about the companies' secretive tax practices," Daniel Mulé, policy lead on extractive industries and tax at Oxfam America, said in a statement. Chevron, Exxon Mobil and ConocoPhillips were not immediately available to comment when contacted by CNBC. It comes amid a broader push for greater tax transparency from large corporations, particularly as people around the world feel the squeeze of a cost-of-living crisis.

☆ New global climate deal struck at conference in Egypt
▼ + stars: | 2022-11-20 | by ( Sam Meredith | ) www.cnbc.com time to read: +3 min

Climate reparations, or "loss and damage" funding, is a highly divisive and emotive issue that is seen as a fundamental question of climate justice. Government ministers and negotiators from nearly 200 countries finally secured an agreement Sunday aimed at keeping a critically important global heating target alive. The new political deal reaffirms efforts to limit global temperature rise to the crucial temperature threshold of 1.5 degrees Celsius above pre-industrial levels and the creation of a new "loss and damage" fund that would compensate poor nations that are victims of extreme weather worsened by climate change. Delegates struggled to build consensus on an array of issues, even as a flurry of U.N. reports published ahead of the conference made clear just how close the planet is to irreversible climate breakdown. The summit made history as the first to see the topic of loss and damage funding formally make it onto the COP27 agenda.

☆ Traces of explosives found at site of Russian pipeline leaks, Sweden says
▼ + stars: | 2022-11-18 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

Climate scientists described the shocking images of gas spewing to the surface of the Baltic Sea as a "reckless release" of greenhouse gas emissions that, if deliberate, "amounts to an environmental crime." Sweden's prosecutor's office said Friday that an investigation into gas leaks from two underwater pipelines connecting Russia to Germany found traces of explosives, confirming that it is a case of "serious sabotage." Swedish and Danish investigators are investigating a flurry of detonations on the Nord Stream 1 and 2 pipelines on Sept. 26 that sent gas spewing to the surface of the Baltic Sea. The explosions triggered four gas leaks at four locations: two in Denmark's exclusive economic zone and two in Sweden's exclusive economic zone. Many in Europe suspect the Nord Stream gas leaks were the result of an attack, particularly as it occurred during a bitter energy standoff between the European Union and Russia.

☆ Talks at COP27 enter final stretch — but draft deal slammed for paving the way to ‘climate hell’
▼ + stars: | 2022-11-17 | by ( Sam Meredith | ) www.cnbc.com time to read: +5 min

Around 35,000 delegates from nearly 200 countries are expected to convene in the Red Sea resort town of Sharm el-Sheikh to discuss collective action to tackle the climate emergency. Ahmad Gharabli | Afp | Getty ImagesAs talks at the COP27 climate summit enter the final stretch, government ministers and negotiators from nearly 200 countries are scrambling to build consensus on an array of issues critical to tackling the climate emergency. The U.N. climate agency on Thursday published a 20-page first draft of a hoped-for final agreement. It is highly likely to be reworked in the coming days as climate envoys in Egypt's Red Sea resort town of Sharm el-Sheikh strive to reach an overarching deal before Friday's deadline. Brazilian president-elect Luiz Inacio Lula da Silva speaks during the COP27 climate conference in Egypt's Red Sea resort town of Sharm el-Sheikh.

☆ 'Profoundly disturbing': The PR firm for the COP27 climate summit has a long history with Big Oil
▼ + stars: | 2022-11-16 | by ( Sam Meredith | ) www.cnbc.com time to read: +6 min

"Hill and Knowlton is the main lobbying communications firm for the oil industry," said Duncan Meisel, campaign director at Clean Creatives, a U.S.-based group working to disentangle the PR industry from the fossil fuel sector. "Any PR firm that is actively supporting to promote [a] narrative of continued fossil fuel expansion under any circumstances is a problem," Muffett told CNBC via telephone. watch nowIt comes at a time of growing momentum for calls to end fossil fuel production worldwide. U.N. Secretary-General Antonio Guterres recently called out what he described as the "massive public relations machine raking in billions to shield the fossil fuel industry from scrutiny." "Fossil fuel interests need to spend less time averting a PR disaster — and more time averting a planetary one."

☆ Australia's Albanese talks briefly with China's Li, prompting talk of summit -media
▼ + stars: | 2022-11-13 | by ( ) www.reuters.com time to read: +1 min

SYDNEY, Nov 13 (Reuters) - Australia's Prime Minister Anthony Albanese spoke briefly with Chinese Premier Li Keqiang at a regional summit in Cambodia, Australian media said on Sunday, sparking some expectations of a formal summit with President Xi Jinping. Albanese and Li spoke on arrival at a gala on the sidelines of the summit in Phnom Penh of the Association of Southeast Asian Nations (ASEAN), the Australian Broadcasting Corporation reported. The discussion raised the prospect of a potential Albanese-Xi meeting at the summit of the Group of 20 big economies in Indonesia on Monday. The last bilateral summit was in 2019 when Albanese's predecessor, Scott Morrison, met Xi at a G20 meeting, according to Australia's foreign ministry. Albanese's office said last week he will attend that meeting and a subsequent summit in Bangkok of the Asia-Pacific Economic Cooperation group.

☆ Australia seeks to reassure citizens on COVID after cruise ship outbreak
▼ + stars: | 2022-11-12 | by ( ) www.reuters.com time to read: +2 min

SYDNEY, Nov 12 (Reuters) - Australia's Home Affairs Minister on Saturday sought to reassure the public that COVID-19 protocols were adequate after a cruise ship with hundreds of infected passengers docked in Sydney. The incident has sparked comparisons with a notorious 2020 outbreak onboard the Ruby Princess cruise ship. That outbreak, also in New South Wales, led to 914 infections and 28 deaths, an inquiry found. Carnival Australia, part of global leisure company Carnival Corporation & plc, said COVID-positive passengers were isolating onboard and being cared for by medical staff, according to New South Wales Health. The agency said it was working with cruise ship staff to monitor the health of passengers and crew members.

☆ Australia unveils joint cyber police taskforce to 'hunt down' hackers
▼ + stars: | 2022-11-12 | by ( ) www.reuters.com time to read: +2 min

SYDNEY, Nov 12 (Reuters) - Australia on Saturday formalised a new cyber-policing model in a stepped-up effort to "hunt down" cyber criminal syndicates, following recent hacks impacting millions of Australians. Australia's biggest health insurer, Medibank Private Ltd (MPL.AX), last month was hit by a massive cyber attack, as Australia grapples with a rise in damaging hacks. O'Neil said around 100 officers would be part of the new partnership between the two federal agencies, which would act as "a joint standing operation against cyber criminal syndicates". The taskforce would "day in, day out, hunt down the scumbags who are responsible for these malicious crimes", she said. Attorney General Mark Dreyfus, speaking alongside O'Neil in Melbourne, refused to be drawn on whether the ransomware group REvil was responsible for recent cyber attacks on Australians.

☆ Australia to consider banning paying of ransoms to cyber criminals
▼ + stars: | 2022-11-12 | by ( ) www.reuters.com time to read: +2 min

SYDNEY, Nov 13 (Reuters) - Australia's Home Affairs Minister Clare O'Neil on Sunday said the government would consider making illegal the paying of ransoms to cyber hackers, following recent cyber attacks affecting millions of Australians. Australia's biggest health insurer, Medibank Private Ltd (MPL.AX), last month suffered a massive cyber attack, as Australia grapples with a rise in hacks. Asked on ABC television on Sunday whether the government planned to look at outlawing ransom payments to cyber criminals, O'Neil said "that's correct". Around 100 officers would be part of the new partnership between the two federal agencies, which would act as a joint standing operation against cyber criminals. The AFP earlier this week said Russia-based hackers were behind the attack on Medibank, which compromised data from around 10 million current and former customers.

☆ 'Not for the faint-hearted': COP27 delegates battle a growing list of logistics nightmares
▼ + stars: | 2022-11-11 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

Around 35,000 delegates from nearly 200 countries are expected to convene on the southern tip of Egypt's Sinai Peninsula to discuss collective action on how to tackle the climate emergency. It may, perhaps, also become known for the growing list of infrastructure woes at this year's flagship U.N. climate summit. Around 35,000 delegates from nearly 200 countries are expected to convene on the southern tip of Egypt's Sinai Peninsula to discuss collective action on how to tackle the climate emergency. A sewage pipe on Wednesday evening appeared to burst near the exit of the Blue Zone, a U.N.-managed space where negotiations are held. It's not for the faint-hearted," Lena Thiede, an environmental and climate policy expert at German investment firm Planet A Ventures, told CNBC from the Blue Zone on Thursday.

☆ ‘A twisted joke’: UN’s flagship climate summit sees sharp jump in fossil fuel industry delegates
▼ + stars: | 2022-11-10 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

The sharp jump in attendees associated with some of the world's biggest polluting oil and gas giants at COP27 is thought to reflect the rise in the influence of the fossil fuel industry to shape the debate. SHARM EL-SHEIKH, Egypt — More than 600 fossil fuel industry delegates have been registered to attend the COP27 climate talks in Egypt, according to analysis from campaign groups, reflecting an increase of over 25% from last year. The sharp jump in attendees associated with some of the world's biggest polluting oil and gas giants at the U.N.'s flagship climate conference is thought to reflect the rise in the influence of the fossil fuel industry to shape the debate. An analysis of data from the U.N.'s provisional list of named attendees by campaign groups Corporate Accountability, Corporate Europe Observatory and Global Witness found that 636 fossil fuel lobbyists had been registered to take part in the talks. It means that more fossil fuel lobbyists are represented at the two-week-long summit than any single country besides the United Arab Emirates, which has 1,070 delegates registered compared to 176 last year.

☆ Fraying U.S.-China relations could have huge implications for Earth
▼ + stars: | 2022-11-10 | by ( Sam Meredith | ) www.cnbc.com time to read: +5 min

Xinhua News Agency | Xinhua News Agency | Getty ImagesSHARM EL-SHEIKH, Egypt — Fraying diplomatic tensions between the U.S. and China are a big concern at the COP27 climate summit. However, many fear tensions between Washington and Beijing could make climate cooperation at COP27 extremely difficult. We say it is just on climate change, but we know that climate change is really at the center of everything in society." Biden is expected to join a 16-member delegation of senior officials at COP27 later this week to "advance the global climate fight." "And there is no solution to the problem of climate change without China, without Russia, without India, without … large economies being at the table," Kerry said.

☆ 'This is not going to stop': Pakistan says apocalyptic flooding shows the need for reparations
▼ + stars: | 2022-11-10 | by ( Sam Meredith | ) www.cnbc.com time to read: +6 min

Reparations, or "loss and damage" funding, are seen as a fundamental question of climate justice. The decision to include loss and damage funding as an agenda item, which was proposed by Pakistan, was preceded by 48 hours of talks. He now hopes the international community can find a way to collectively address financing for loss and damage. U.S. climate envoy John Kerry said Washington would not be "obstructing" talks on loss and damage in Sharm el-Sheikh. We are talking about the reality outside these conference walls," Singh told CNBC.

☆ LinkedIn ghostwriters say demand for their services has surged in recent months, with some making up to $12,700 for 16 posts
▼ + stars: | 2022-11-10 | by ( Jp Mangalindan | ) www.businessinsider.com time to read: +5 min

LinkedIn ghostwriters told Insider they had seen a surge in demand for their services this year. LinkedIn ghostwriters say they've seen demand for their services surge higher in the months since Insider first reported on the rapidly growing trend this spring. Horstmeyer partly attributed the increased interest in her services to heightened awareness around LinkedIn ghostwriting as a practice. Pricing for LinkedIn ghostwriting services varies widely, although generally ranges from $2,500 to $10,000 a month. Holly Crawshaw, another Atlanta-based writer who splits her time between ghostwriting LinkedIn content and manuscripts, said she has also seen demand for Linkedin ghostwriting soar in 2022.

☆ NHL roundup: Spencer Knight, Panthers blank Hurricanes
▼ + stars: | 2022-11-10 | by ( ) www.reuters.com time to read: +2 min

[1/5] Nov 9, 2022; Sunrise, Florida, USA; Florida Panthers goaltender Spencer Knight (30) watches the puck on the shot of Carolina Hurricanes right wing Stefan Noesen (23) during the third period at FLA Live Arena. Mandatory Credit: Jasen Vinlove-USA TODAY SportsNovember 10 - Spencer Knight made 40 saves for his first shutout of the season as the Florida Panthers defeated the Carolina Hurricanes 3-0 on Wednesday in Sunrise, Fla. The 40 stops were a season-high for the 21-year-old goalie, and when Carolina pushed back in the third period, Knight was particularly sharp, stopping 18 shots in the final stanza. Nick Cousins, Aleksander Barkov and Sam Bennett scored for Florida, which has won back-to-back games despite missing Matthew Tkachuk because of a suspension. Jason Zucker, Brock McGinn and Jeff Petry each scored during a three-goal second period and Jake Guentzel tallied into an empty net in the third for the Penguins.

☆ World leaders insist Russia's war in Ukraine must be a reason to act even faster on climate
▼ + stars: | 2022-11-09 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

SHARM EL-SHEIKH, Egypt — World leaders took to the stage on the opening days of the U.N.'s flagship climate summit to insist Russia's onslaught in Ukraine must not derail urgent and collective action to prevent catastrophic global heating. World leaders on Monday and Tuesday convened in Egypt's Red Sea resort town of Sharm el-Sheikh to deliver national statements on the battle to secure a livable future. "Climate security goes hand in hand with energy security," U.K. Prime Minister Rishi Sunak said at the U.N.-brokered talks. Russian President Vladimir Putin's "abhorrent war in Ukraine and rising energy prices across the world are not a reason to go slow on climate change. They are a reason to act faster," Sunak said on Monday.

☆ Sinking Pacific island nation issues historic call for treaty to phase out fossil fuels
▼ + stars: | 2022-11-08 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

SHARM EL-SHEIKH, Egypt — The South Pacific island nation of Tuvalu on Tuesday urged countries at the COP27 climate summit to establish a global treaty to phase out the use of fossil fuels. "We, therefore, unite with a hundred Nobel Peace Prize laureates and thousands of scientists worldwide and urge world leaders to join the Fossil Fuel Non-Proliferation Treaty to manage a just transition away from fossil fuels." Tuvalu follows in the footsteps of its Pacific neighbors in making the call for a fossil fuel non-proliferation treaty. The statement Tuesday comes at a time of growing momentum for calls to end fossil fuel production worldwide. Oil and gas giants, meanwhile, have reported record profits at a time of high energy costs and a cost-of-living crisis.

☆ Billionaires emit a million times more greenhouse gases than the average person: Oxfam
▼ + stars: | 2022-11-08 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +2 min

The investments of 125 billionaires cause 393 million tonnes of carbon dioxide emissions each year according to a report published by global poverty charity Oxfam. The investments of 125 billionaires produce 393 million metric tonnes of carbon dioxide emissions every year, according to a report by Oxfam. The billionaires included in the study have a collective $2.4 trillion stake in 183 companies, which averages out at 3 million metric tonnes of carbon dioxide emitted per billionaire, per year. People outside the world's wealthiest 10% emit an average of 2.76 metric tonnes of carbon dioxide annually. The report by Oxfam analyzed how 125 of the world's richest people had invested their money and looked at the carbon emissions of those investments.

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