FIVE Financial News
10.11 / 03:19
FIVE
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US forces under fire in Middle East as America slides towards brink
Iraq may have helped keep America from being dragged deeper into a widening Middle East conflict. The drone, which was launched at the Erbil air base by an Iranian-backed militia before sunrise on Oct. 26, penetrated U.S. air defenses and crashed into the second floor of the barracks housing American troops at about 5 a.m, according to two U.S.
10.11 / 03:19
FIVE
vaccine
Virus
country
reports
prevention
infection
US approves first vaccine against chikungunya virus
chikungunya, a virus spread by infected mosquitoes that the Food and Drug Administration called «an emerging global health threat.» The vaccine, developed by Europe's Valneva which will be marketed under the name Ixchiq, was approved for people 18 and over who are at increased risk of exposure, the FDA said. Ixchiq's green-light by the US drug regulator is expected to speed the vaccine's rollout in countries where the virus is most prevalent. Chikungunya, which causes fever and severe joint pain, is generally seen in tropical and subtropical regions of Africa, southeast Asia and parts of the Americas. «However, chikungunya virus has spread to new geographical areas causing a rise in global prevalence of the disease,» the FDA said, reporting more than five million cases in the past 15 years. «Infection with chikungunya virus can lead to severe disease and prolonged health problems, particularly for older adults and individuals with underlying medical conditions,» senior FDA official Peter Marks said in a statement. «Today's approval addresses an unmet medical need and is an important advancement in the prevention of a potentially debilitating disease with limited treatment options.» Symptoms can sometimes last for months or even years, but the virus is rarely fatal.
10.11 / 03:01
Provident
FIVE
Aviat
economy
information
reports
Department
Ministries are falling back on McKinsey. Harvard is quietly winning the battle
The New Yorker wrote about the consultancy firm recently. “Escape from accountability is the most valuable service" the management consultancy provides, went on the article, referring to a former McKinsey employee’s description of it as “capital’s willing executioners".
10.11 / 02:09
IPO
FIVE
Aware
Entertainment
Enterprise
Sony
track
Updates
Sensex Today | Share Market Live Updates: Sensex, Nifty to remain cautious; Gift Nifty in red
₹1,512 crore in Indian stocks today.The initial public offering (IPO) of ESAF Small Finance Bank Limited is scheduled to be listed on the stock exchanges today, 10th November 2023. According to the BSE notification, the equity shares of ESAF Small Finance Bank Ltd will be listed and made available for trading on the Exchange under the 'B' Group of Securities.
10.11 / 01:41
Target
FIVE
Digital
Booking
Strategy
innovations
recommendations
Diwali 2023 Stock Picks: Religare Broking lists TCS, Axis Bank among 5 other top picks for Samvat 2080
Diwali 2023 Stock Picks: TheIndian domestic equity market reached all-time highs in 2023 and ended Samvat 2079 on a strong note. Frontline index Nifty 50 breached the 20,000 mark and 20,000 mark gained 10 per cent in this period, while broader indices Nifty mid- and smallcap outperformed with gains of 30 per cent and 36 per cent, respectively. Going ahead, for Samvat 2080, the global geopolitical situation will remain grim as the Israel-Palestine war has added to the already crippled global order due to the Russia-Ukraine war.
09.11 / 22:13
Target
FIVE
Progressive
Assurant
economy
Remark
President
Powell reinforces Fed's cautious approach toward further interest rate hikes
Federal Reserve Chair Jerome Powell suggested that the Fed is in no hurry to further raise its benchmark interest rate, given evidence that inflation pressures are continuing to ease at a gradual pace
09.11 / 22:03
09.11 / 21:47
Provident
FIVE
Digital
ETF
Platform
Bitcoin
innovations
ARK Invest Adds $9.5M Worth of Robinhood Shares to Its Innovation Portfolios
Popular crypto-friendly investment firm ARK Invest has significantly increased its stakes in the commission-free investing app Robinhood.
09.11 / 19:11
FIVE
Manufacturing
Strategy
country
Import of cheaper solar modules on rise as China exploits loopholes
Indian solar panel manufacturers are grappling with the influx of cheaper Chinese imports funnelled through intermediary countries such as Vietnam, Malaysia, and Singapore as Chinese companies exploit Free Trade Agreement (FTA) loopholes to export to India. Despite New Delhi's imposition of a 40% customs duty on solar modules and 25% on solar cells in April 2022 to boost domestic production and reduce Chinese imports, companies in China are finding ways to bypass these high tariffs and continue supplies to Indian solar farm developers. The Chinese companies have effectively utilised this strategy in the past to evade local tariffs, as demonstrated by a year-long investigation in August 2023 by US federal authorities, which revealed that five Chinese solar panel firms had circumvented tariff regulations by channelling their operations through countries such as Cambodia, Malaysia, Thailand, and Vietnam. Following the imposition of tariffs, direct Chinese exports to India have declined, but from April to August 2023, imports of solar panel modules from Vietnam and Malaysia have surged, accounting for 60% of all such imports into India, with majority of these products originating from Chinese companies. Indian manufacturers say the imports are hurting domestic industry as the Chinese firms are resorting to dumping their products by misusing the FTA route.
09.11 / 19:05
FIVE
Aware
CEO
Entertainment
Enterprise
Sony
Sony’s googly on CEO may stump Zee merger
Zee Entertainment Enterprises Ltd and Sony Pictures Networks India (SPNI) have stalled over the latter’s last-minute demand that its executive lead the merged entity instead of Punit Goenka as agreed before. According to two people aware of the matter, failure to reach an agreement by the 21 December deadline may derail the merger, the biggest in India’s entertainment industry.
09.11 / 19:05
Citi
Provident
FIVE
Platform
show
reports
Data recap: Free food scheme, OTT users, home sales
Narendra Modi has announced a five-year extension to the free ration scheme, Pradhan Mantri Garib Kalyan Anna Yojana. The combined viewership for OTT platforms increased by 13.5% in 2023, but the growth rate has slowed, data from Ormax showed. Ahead of the Lok Sabha polls next year, the government has decided to extend the free foodgrain scheme, originally set to conclude after December, for an additional five years.
09.11 / 19:01
09.11 / 18:39
FIVE
Man
Career
stage
testing
International
cricket
Australia captain Lanning quits international women's cricket after winning 7 World Cup titles
Australia captain Meg Lanning has announced her retirement from international cricket after winning seven World Cup titles during a 241-match career. The 31-year-old Lanning, who played six tests, 103 one-day internationals and 132 Twenty20 internationals, will continue playing domestic cricket in Australia and possibly India. «The decision to step away from international cricket was a difficult one to make, but I feel now is the right time for me,» Lanning said Thursday in a statement «I've been incredibly fortunate to enjoy a 13-year international career.» Speaking later outside the Melbourne Cricket Ground in front of family and friends, Manning said had tried to talk herself out of ending her international career. «I'm sad that it's finishing up, but I'm very much ready for something new,» Lanning said.
09.11 / 17:59
09.11 / 17:37
FIVE
Racing
TikTok
President
show
stage
Key Takeaways From The Republican Debate in Miami
Miami, where Donald Trump's absence and the dynamics between the contenders took center stage. The event highlighted a notable focus on internal party dynamics, election losses, the abortion dilemma, and confrontations among candidates.
09.11 / 15:15
FIVE
Digital
Williams
Nov
Bill
pandemic
reports
National Bank first among Canada's Big Six to stop offering new safety deposit boxes
MONTREAL — National Bank of Canada won’t offer any more new safety deposit boxes, which allow customers to keep valuable items or important documents at bank branches. It’s the first large Canadian bank to stop offering this service.
09.11 / 15:13
Provident
FIVE
Digital
ETF
Platform
Dhanteras 2023: 5 smart ways of investing in gold this festive season
Gold holds a special significance as an auspicious metal that can double up as a prudent investment is second to none. Buying gold on the occasion of Dhanteras is considered auspicious but with changing times, the methods of investment have also changed. Now it is not just physical gold that is attracting buyers, there is a growing trend of investing in Digital Gold, ETFs and SGBs, especially during Dhanteras and Diwali. So, you can think about these five methods for investment in Gold this Dhanteras:
09.11 / 13:45
Provident
FIVE
Enterprise
Metro
country
prevention
REC to provide ₹30,000 cr to RailTel for telecom, railway signalling projects
₹30,000 crore in funding to RailTel Corp. of India. The agreement, formalized through a memorandum of understanding (MoU) signed on Thursday, will support various projects over the next five years, including telecom, IT services, and railway signaling systems, and the KAVACH train collision prevention system.
09.11 / 13:45
Provident
FIVE
Waters
ICE
country
information
testing
Mint Explainer: Why cloud seeding is easy to propose but hard to implement
paper, "an experiment on artificial stimulation of rain using a warm cloud seeding technique was undertaken in three nearby climatologically similar regions, Delhi, Agra and Jaipur in northwest India". Many countries now use this technology, including India and China, but implementation is easier said than done. It has certain limitations, not to mention a likely adverse impact on the environment.
09.11 / 12:25
FIVE
Gap
stage
Time
West Ham vs. Olympiakos: Live streaming, TV time, head-to-head, prediction, where to watch UEFA Europa League
West Ham United will host Olympiacos at the London Stadium in the group stage of the UEFA Europa League on Thursday at a time when they are at the top of the Group A table with six points from three games. On the other hand, Olympiacos have a win, loss, and a draw apiece in three games. They are placed third in the group standings. Earlier last month, the two teams met in Greece in the reverse fixture, where Olympiacos won 2-1. The Greek team got a two-goal lead in the first half when Kostas Fortounis and Rodinei scored. West Ham pulled one back late in the second half, with Lucas Paqueta reducing the gap in the 87th minute. West Ham suffered a 3-2 loss in the Premier League against Brentford. It was their fourth defeat in five games. The visitors suffered a 4-2 loss to rivals PAOK in the Super League Greece.
09.11 / 11:03
IPO
Provident
FIVE
Reddit
Browser
show
information
IPOs
Arm, Reddit, Instacart – has investing in IPOs been worth the hype?
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