FIVE Financial News

25.04 / 03:17
markets FIVE DOW Trade reports S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
Treasury yields amid positive corporate results particularly from technology giants. An auction of a record $70 billion worth of five-year U.S. Treasury notes on Wednesday helped to push bond yields higher and had weighed on equities. The benchmark 10-year Treasury note rose five basis points to 4.6459%.
25.04 / 01:59
Waves FIVE Yellow isolate Department Heatwave alert in India: Temperature to soar till April 28, rainfall likely to bring relief in THESE states
severe heatwave over East and South Peninsular region for the next five days, while isolated rainfall is expected in some states including Jammu and Kashmir, Punjab, Haryana, Delhi, Himachal Pradesh, and others till April 28. A red alert for severe heatwave has been issued in West Bengal until April 26.
25.04 / 01:59
UPS FIVE Election Jammu and Kashmir police, paramilitary forces hold flag march in Reasi ahead of second phase of LS polls | Watch
Also read: PM Modi makes big announcement on Kashmir: ‘J&K will get the status...’ The Lok Sabha elections are being held in seven phases. The first phase commenced on April 19.
25.04 / 01:27
markets FIVE Action security guidelines Updates KRAs issue guidelines for simpler KYC process
KYC process for investors due to new guidelines that came into effect on April 1, the five KYC registration agencies (KRAs) — CDSL Ventures (CVL), NSDL Database Management (NDML), CAMS, Karvy, and Dotex have come with guidelines to simplify the process. All KRAs put together hold the KYC records of 108.3 million investors and facilitate storage and modification.
24.04 / 21:37
FIVE Williams Platform WhatsApp show Department Rookie Season 6 Episode 7 release date: When and where to watch next episode?
The Rookie has entered its sixth season with six if its episodes having been released till now while fans await eagerly, the release of its seventh episode. According to Dexerto, the release is going to happen very soon and will continue an LAPD team's journey across the world of crime. Created by Alexi Hawley, this procedural crime drama TV series saw itself becoming a full-fledged franchise when it premiered for the opening season back in 2018, showing the journey of the oldest rookie in the Los Angeles Police Department (LAPD) of the United States. Most importantly, at the start of the first series, it was made clear that The Rookie follows the real-life journey of a rookie cop by the name of William Norcross who joins the LAPD at a ripe-age and as a rookie.
24.04 / 21:15
FIVE Election awards Forbes Trade President country Billionaire Texas oilman inks deal with Venezuela's state-run oil giant as U.S. sanctions loom
A company started by a Texas billionaire oilman has announced a deal with Venezuela’s state-owned oil company to rehabilitate five aging oil fields
24.04 / 20:35
COST UPS FIVE pandemic show reports Mortgage demand falls again as interest rates soar past 7%
DFW housing and macro economic analyst Amy Nixon says the longer rate cuts hold off, the higher rates have to stay on 'Making Money.'
24.04 / 19:03
Citi FIVE Death love country Courts Traffic Baltimore port to open deeper channel, enabling some cargo ships to pass after bridge collapse
The Port of Baltimore is preparing to open a deeper channel for commercial ships to get in and out for a few days
24.04 / 17:53
FIVE BLOCK Google Research Trade information Courts What the FTC’s ban on noncompete clauses means for you
The Federal Trade Commission on April 23 banned employers from using noncompete clauses, which the agency said suppress wages, stall new business formation and stifle companies from hiring the workers they need to grow. The measure, approved by the agency’s Democratic majority on a 3-2 vote, prohibits companies from enforcing existing noncompete agreements on anyone other than senior executives. It also bans employers from imposing new noncompete contracts on senior executives in the future.
24.04 / 15:19
FIVE Action Remark Election country stars INDIA bloc considering 'one year, one PM formula', says PM Modi
INDIA bloc is contemplating «one year, one PM» formula to resolve their leadership issue and added the world will ridicule such an arrangement in the largest democracy. Modi, addressing an election rally at Harda under the Betul Lok Sabha seat in Madhya Pradesh, asked if voters were ready for «five prime ministers in five years» formula and called it a dangerous game by the opposition alliance in which the Congress is the biggest constituent. The BJP's star campaigner doubled down on the Congress's alleged plan to redistribute wealth by what he called «snatching properties of people» and added that an advisor to the party's 'shehzada' (a reference to Wayanad MP Rahul Gandhi) has now suggested imposing an inheritance tax.
24.04 / 13:43
markets Waves FIVE Digital security Cycling testing ECB preps DLT trials for wholesale central bank money settlement
The first wave of trials will involve 10 market participants, six market DLT operators and five central banks, carrying out tests involving actual settlement in central bank money and experiments with mock settlement in a test environment.The use cases mainly explore the securities settlement cycle, such as delivery-versus-payment, secondary market transactions and lifecycle management of securities. Other options under consideration are related to cross-border payments, such as payment-versus-payment.Deutsche Börse’s post-trade business Clearstream is part of the operation through its digital post-trade platform D7, which has been boosted with DLT capabilities. Jens Hachmeister, head, issuer services and new digital markets, Clearstream, says: “Clearstream’s participation in the ECB trials is a significant milestone in our digitisation journey: we are expanding our D7 digital securities infrastructure with DLT components and fostering connections with the main digital payment solutions across the Eurosystem.
24.04 / 13:11
FIVE Manufacturing Enterprise Moderna Research Vaccines At Moderna, OpenAI’s GPTs are changing almost everything
Moderna is expected to announce a partnership Wednesday with artificial-intelligence heavyweight OpenAI, a deal that aims to automate nearly every business process at the biotechnology company and boost the ChatGPT maker’s reach into the enterprise. As part of the transaction, some 3,000 Moderna employees will have access to ChatGPT Enterprise, built on OpenAI’s most advanced language model, GPT-4, by the end of this week. Further integration of AI into more of its processes could help Moderna outpace its plan to roll out 15 new products within the next five years, the Cambridge, Mass., company said.
24.04 / 12:55
FIVE Yellow isolate Red alert issued over severe heatwave until April 28 ahead of Lok Sabha polls phase 2 — see IMD full forecast
Karnataka, Tamil Nadu, Uttar Pradesh, and Konkan till April 28. A yellow alert for rainfall has also been issued for rainfall in Jammu-Kashmir-Ladakh-Gilgit-Baltistan-Muzaffarabad on April 26, Himachal Pradesh from April 26-28, Punjab on April 26 and 27, Haryana on April 27, and South Madhya Pradesh, Madhya Maharashtra, Marathwada and Vidarbha on April 24. -Heatwave to severe heatwave conditions are very likely to prevail in some places over coastal Odisha, Gangetic West Bengal, Sub-Himalayan West Bengal, Sikkim, and Interior Karnataka during the next five days.
24.04 / 12:55
markets UPS IPO FIVE security Trade Is there light at the end of the tunnel for Hong Kong?
Hong Kong’s stock market used to be the world’s top equity fundraising venue. Not anymore: In the number one spot as recently as 2019, it didn’t even break the top five in 2023 according to Dealogic. But the market is up 6% this week, its best performance this year, in the wake of proposed regulatory changes.
24.04 / 12:53
FIVE Metro WhatsApp Destiny SKA Group to invest Rs 592 crore to develop a luxury residential project in Greater Noida
SKA Group will invest Rs 592 crore to develop a luxury residential project in Greater Noida on the land it had acquired from the local authority in an auction. SKA Destiny One will be company’s maiden luxury residential project and will be spread over 1.4 million sq ft. “The buyer is looking for bigger apartments with best of the amenities. As a result, we have also shifted focus towards luxury development. We aim to complete the project within the five years timeline,” said Sanjay Sharma, Director, SKA Group.
24.04 / 12:01
UPS FIVE CEO Trade Investigations Zilingo ex-CEO Ankiti Bose files sexual harassment case against cofounder, ex-COO
Ankiti Bose, former CEO of B2B fashion startup Zilingo, has filed a case of sexual harassment against the company’s cofounder Dhruv Kapoor and its former chief operating officer Aadi Vaidya. A case was registered against the two men under sections 354 (A) and 354 (D) pertaining to sexual harassment and stalking, respectively, of the Indian Penal Code on Tuesday at the Kasturba Marg police station in suburban Mumbai. The Mumbai police are yet to summon Kapoor and Vaidya. Both the sections are non-bailable in nature and punishable with up to five years in jail.
24.04 / 11:07
markets FIVE performer hospital travelers Destinations IHG Hotels & Resorts to double presence in India with 100 operating hotels in five years
IHG Hotels & Resorts said on Wednesday it will double its presence in India in the next five years to 100 operating hotels. The company said it recorded a 'strong' signing performance in 2023 with 13 deals closed across its brands in the luxury, premium and essentials categories and that it strengthened its footprint in markets such as Gurgaon, Jim Corbett, Mumbai, Amritsar and Goa. The chain said close to 70% of the signings were in the midscale and upper midscale segments, which continues to be a growth driver for the company in India, followed by premium and luxury.
24.04 / 09:59
markets FIVE Manufacturing Experts country Pharmaceuticals India's pharma exports rise 10% to USD 27.9 bn in FY24
pharmaceuticals exports increased 9.67 per cent year-on-year to USD 27.9 billion in 2023-24, even as the total exports dipped by 3 per cent in the last fiscal. According to the commerce ministry data, pharma exports in March grew by 12.73 per cent to USD 2.8 billion. In 2022-23, the exports stood at USD 25.4 billion. The top five export markets, for the sector during the last fiscal, are the US, the UK, the Netherlands, the United Kingdom, South Africa and Brazil.
24.04 / 06:03
FIVE Boxing Actor love show Features Love Sex Aur Dhoka 2 Box Office Collection Day 5: Dibankar Banerjee's movie nets a steady ₹8 lakh on Tuesday
Love Sex Aur Dhoka 2 Box Office Collection Day 5: The movie Love Sex Aur Dhoka 2, helmed by Dibakar Banerjee, saw steady earnings on Tuesday (April 23), raking in an estimated ₹8 lakh net in India on its fifth day of release, data from Sacnilk showed. This drop comes after a significant surge in collections the movie saw on Sunday, jumping a massive 275 percent to net ₹40 lakh net domestically on Day 3, followed by an 80 percent slump, pulling in ₹8 lakh on Day 4. Love Sex Aur Dhoka 2 has amassed an estimated ₹73 lakh net in India over the initial four days of screenings, the data revealed.
24.04 / 05:23
UPS FIVE Volkswagen Election Southern Tennessee's GOP governor says Volkswagen plant workers made a mistake in union vote
Tennessee Republican Gov. Bill Lee says he thinks workers at a Volkswagen plant in Chattanooga made a mistake by voting to unionize under the United Auto Workers in a landslide election
24.04 / 05:13
markets Citi FIVE Tesla Xiaomi show reports China's Xiaomi is selling more EVs than expected, raising hopes it can break even sooner
BEIJING — Chinese smartphone company Xiaomi's new electric vehicle is selling better than expected, putting it closer to break-even despite undercutting Tesla's Model 3 on price.

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