FIVE Financial News

UBS Group AG has begun the sale of hotly-anticipated additional tier 1 bonds, marking its first issuance of the securities since Credit Suisse’s writedown of about $17 billion of the debt.

Larry Whitehead is getting ready to open his Christmas tree farm for the season.

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₹10,000. Deliveries are slated to commence subsequent to the price announcement, scheduled for November 24 at RE Motoverse. The highly awaited launch of the Royal Enfield Himalayan 450 is a significant milestone for the company this year.

Speaking at the occasion, the Minister for Youth Empowerment, Sports, and Tribal Welfare B. Nagendra emphasized the importance of research as the cornerstone of addressing various societal challenges. The government of Karnataka is placing significant emphasis on research and development with the establishment of the Karnataka Research Foundation, and it welcomes investments from companies like Vizzhy Inc in the R&D sector with full government support.

China to become the most represented country in the QS World University Rankings: Asia 2024 for the first time ever, reflecting the rising prominence of the South Asian country’s higher education system amid steps taken towards increasing the research output, academic recognition and internationalisation. As many as 148 Indian institutions feature on the sixteenth annual list comprising 856 universities from 25 Asian countries released by global higher education analyst Quacquarelli Symonds, ahead of Mainland China (133) and Japan (96). Last year, 118 Indian universities had made it to the list. Indian Institute of Technology-Bombay (IIT-B) is at the top of the India table, at the 40th spot regionally, followed by IIT-Delhi (46) and IIT-Madras (53).

San Antonio Spurs’ sensation, Victor Wembanyama, has taken the NBA Top Shot stage.

The Republican presidential primary debate stage Wednesday evening will shrink from seven to five participants, but the central character—former President Donald Trump—will still be absent and is likely to keep benefiting as his challengers beat each other up. The third debate starts at 8 p.m. Eastern time and will be moderated by Lester Holt and Kristen Welker of NBC News and Hugh Hewitt of the Salem Radio Network.

The U.S. plans to launch a $553 million project to build a deep-water shipping container terminal in Sri Lanka as it competes with China in development financing

Indonesia’s anti-graft court on Wednesday sentenced a former Cabinet minister to 15 years in prison after finding him guilty of corruption over the construction of mobile phone transmission towers in remote parts of the country

Paradise is still recovering five years after a wildfire destroyed most of the northern California town

Netflix several huge hits. Having earned multiple slots on the list of the most-watched films ever, Lupin is arguably their most hit release. Series and movies coming in 2024 and beyond: 1.

Republican presidential primary takes place on 8-10 p.m. Eastern time Wednesday. The debate, sanctioned by the Republican National Committee and hosted by NBC News, will be held in Miami. Where can I watch it? Several platforms will broadcast the debate: — NBC will show the debate.

By Nivedita Balu

Goldman Sachs promoted some new managing directors on Friday. In a reminder that Goldman Sachs isn't just an investment bank and trading business nowadays, fewer than half (47%) of the 608 lucky new MDs work in the banking and markets business. Another 25% are Goldman's new preferred places of asset and wealth management. The remainder are dotted across Goldman's remaining divisions.

Dhanteras and Diwali are around the corner and many people in India often like to purchase gold not just an investment but also to celebrate these festivals. Buying gold on the Dhanteras day is believed to bring good luck. Therefore, buying gold jewellery or coins during this period can be an auspicious investment.

Millennials consider work-life balance, mental and physical well-being, and embarking on travel adventures as their top Life Goals, according to a survey by Bajaj Allianz Life Insurance. The survey also revealed that along with lifestyle goals, financial security for family and child education are also amongst Millennials’ top priorities. 

fiscal deficit target and the consolidation path till fiscal year 2026, despite the extension of the free foodgrain scheme announcement and the possibility of more such expenditure initiatives as India heads towards general elections next year, S&P researchers said Wednesday. “More expenditure initiatives are possible as we move through this election cycle. In the very near term, these could be supportive of consumption, but they are unlikely to have a major impact on medium-term finances,” said Andrew Wood, Director, Asia Pacific Sovereign Ratings.

FMCG maker Dabur India, armed with a cash reserve of Rs 7,000 crore, is scouting for acquisition opportunities in healthcare and home & personal care segments, according to its CEO Mohit Malhotra. Besides, Dabur is looking for acquisition opportunities in the online space, and with several D2C (Direct to Consumer) brands operating in it, it finds the valuation «more reasonable» now and will pursue it if it finds a suitable one for growth, he said. The company is scaling its presence in the online space, which includes e-commerce channels and D2C business, where it plans to introduce more innovations under existing brands and through inorganic opportunities. «We are introducing innovations there. Those innovations are coming on the back of existing brands and these innovations will come on the back of some new brands that we might launch or we are looking at an acquisition for a new brand,» Malhotra told PTI. The company would pursue organic growth with new brand launches in skin care and premium skin care, and the rest would be through acquisitions. «We do not want to do any organic new brand launches with the exception of skincare and premium skincare that we are not present in.

Narendra Modi on Wednesday said Congress leaders have been saying they will complain to the Election Commission over his promise of extending for five years the free ration scheme for the poor people. «Let them commit this sin, I will continue to do good work for the people,» he said addressing a public meeting in Madhya Pradesh's Damoh town ahead of the November 17 state assembly polls.