FIVE Financial News
23.08 / 02:15
Blockchain
Provident
FIVE
Digital
Platform
ANZ
RBA says decision to create an eAUD is ‘some years away’
The Reserve Bank of Australia says a central bank digital currency could increase “efficiency and resilience in some areas of the payments system”, but warns more research is required to deal with legal, regulatory, technical and operational issues to ensure any eAUD operates safely.
22.08 / 23:39
COST
UPS
FIVE
CEO
Align
performer
boost
Rugby Australia to oversee Super Rugby clubs in bid to boost game
Rugby Australia will gain control over key management, coaching and talent decisions at the country’s five Super Rugby clubs in a major restructure designed to dramatically improve performance and unify the sport.
22.08 / 22:29
22.08 / 21:31
22.08 / 20:33
COST
Citi
FIVE
Action
Costs
Charles Schwab plans job cuts and office downsizing amid efforts to reduce operating costs
Charles Schwab plans to cut jobs and close or downsize some corporate offices as part of company efforts to reduce operating costs, the financial services firm said in a Monday regulatory filing
22.08 / 20:33
FIVE
Cooper
Citizens
Platform
ByteDance
TikTok
social
Courts
Montana asks judge to allow TikTok ban to take effect while legal challenge moves through courts
Montana is asking a federal judge to allow its law banning new downloads of TikTok to take effect while a legal challenge filed by the company and five content creators moves through the courts
22.08 / 20:33
COST
Target
FIVE
CEO
Strategy
Dick's 2Q profit falls, and the retailer lowers its full-year outlook on worries about theft
Dick’s Sporting Goods profit slipped in its second quarter and missed Wall Street’s expectations as the retailer cut its full-year profit outlook, citing worries over theft at its stores
22.08 / 20:33
22.08 / 20:33
MET
FIVE
Cooper
Parke
country
Russia's Putin stays away over arrest warrant as leaders of emerging economies meet in South Africa
Russian President Vladimir Putin will be notably absent when Chinese President Xi Jinping and other leaders from the BRICS group of emerging economies begin a three-day summit in South Africa on Tuesday
22.08 / 20:33
UPS
Citi
FIVE
BLOCK
Parke
Carver
Traditional stone carvers chisel on despite loss of quarries in village swallowed by Mexico City
The sound of hammers and chisels striking stone rings out on most Sundays in the cemetery in the ancient town of Xochiaca, a village swallowed up decades ago by the urban sprawl of Mexico City
22.08 / 20:27
UPS
Provident
FIVE
Remark
show
Fed doves, Fed hawks: US central bankers in their words
(Reuters) — The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary policy leanings of policymakers, with a dove more focused on risks to the labor market and a hawk more focused on the threat of inflation.
22.08 / 19:35
UPS
FIVE
pop
Dan Crowley’s Avada adds to its acquisition bounty
ASX-listed traffic management operator Avada Group is back on the acquisition trail, inking a binding agreement to pick up the assets and business operations of STA Traffic Management.
22.08 / 18:39
UPS
Provident
FIVE
Cooper
Upscale ice-cream lounges, organic line in works: Amul
₹200." This strategic move places the dairy cooperative in direct competition with well-known ice-cream brands such as Baskin Robbins and Naturals. Recently, the firm announced a group turnover of ₹72,000 crore for the FY23. Notably, Amul’s milk-based beverages business saw 34% rise from a year ago, while its ice-cream division saw 40% growth.
22.08 / 18:39
UPS
FIVE
performer
country
Power
Congress will conduct caste census in MP if voted to power: Mallikarjun Kharge
Congress president Mallikarjun Kharge said that the party will conduct a caste census in the state if voted to power in the next assembly elections. Addressing a public rally in Sagar, Madhya Pradesh, Kharge's first poll outing in MP, he accused the central government of trying to change the constitution. «Some people are trying to change the Constitution.
22.08 / 18:39
FIVE
Manufacturing
Align
awards
Hyundai
performer
star
testing
Automakers ready for crash testing under Bharat NCAP
NEW DELHI : Maruti Suzuki, Mahindra & Mahindra & Hyundai Motor India are among automakers that have offered initially at least a dozen vehicle models for testing under India’s first crash-test safety rating programme, which is modelled after the Global NCAP, according to industry officials. The government’s Bharat New Car Assessment Programme (BNCAP) will award a star rating out of five for adult and child occupant protection respectively to passenger vehicles based on their performance in a crash test at a speed of 64 kmph. The test, which is completely voluntary for automobile companies, will begin from October.
22.08 / 18:13
UPS
Waves
Lowe's
FIVE
Ripple
What Are Real Yields, and Why Do They Matter?
Investors looking for a safe way to beat inflation don’t have to look very far anymore. Real yields—a measure of the stated return on Treasury bonds, minus inflation—have climbed to heights not seen since 2009. Based on 10-year Treasury inflation-protected security yields, real rates (as they are also known) are around 2% in the U.S.
22.08 / 17:53
UPS
FIVE
BLOCK
Coherent
country
voice
NOT
Not another BRICS in the wall
BRICS summit in Johannesburg, South Africa, that started yesterday will discuss many things. It will, however, focus on membership expansion from five members — Brazil, Russia, India, China, South Africa — to a much larger group. South Africa has invited 67 countries to the summit of which 53 are African.
22.08 / 16:53
UPS
Provident
FIVE
BURST
country
Adopt clear evaluation criteria for industrial policies
Joe Biden signed the Inflation Reduction Act into law. The new legislation goes beyond the goal of price control stated in its name. The Inflation Reduction Act works in tandem with other new legislative proposals such as the American Rescue Plan and the CHIPS and Science Act to pivot the US towards active government intervention in industry, through direct investments, tax credits, subsidies and some import tariffs.
22.08 / 16:27
COST
Lowe's
FIVE
Fighting
track
Low
Canadian banks seen delivering upside surprise amid low expectations
The second quarter was tough for Canadian banks, with higher provisions for potential credit losses and escalating costs for employees and technology eating into earnings. But the extent to which the trouble spills over into third-quarter results, which the banks will report beginning Aug. 24, has sector watchers divided.
22.08 / 16:21
FIVE
Aware
Assurant
Enterprise
jio financial
jio financial services
services
Financial
Jio Financial Services: Here is what CSLA says about JFS plan to enter insurance sector
Life insurance. The company has allocated a capital basis of Rs. 10 billion for each of the enterprises, according to media reports.
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