FIVE Financial News
22.07 / 03:53
UPS
FIVE
wrestling
Who will succeed Brij Bhushan? Wrestling Federation of India elections to decide next month
Brij Bhushan Sharan Singh facing accusations of sexual harassment. The much-delayed elections are likely to be held on 12 August. Former Jammu and Kashmir High Court Chief Justice Mahesh Mittal Kumar was appointed as the returning officer for the WFI elections by the Indian Olympic Association (IOA).
22.07 / 00:39
21.07 / 20:17
UPS
Provident
FIVE
Eagle
performer
open
British Open 2023: Brian Harman dominates Day 2, takes five-stroke lead at Royal Liverpool
Brian Harman had a fantastic week at the Open Championship, showcasing his talent with two brilliant rounds. He ended the first two days with an impressive 10-under total, leaving his nearest competitor five strokes behind. Starting Friday just one stroke off the lead, Harman made an impressive start, recording four consecutive birdies early in his round. He capped off his opening two rounds with an eagle, finishing with a score of 132. Notably, the last two winners at Royal Liverpool, Tiger Woods and Rory McIlroy, also began with a two-round score of 132, providing an exciting historical precedent for Harman's performance. Brian Harman expressed his confidence in his putting performance over the past couple of days and aims to carry that momentum into the weekend. He acknowledged that there are still 36 holes to play, so he plans to rest and prepare for the upcoming rounds. Harman finds himself in an unusual position and admits he learned a tough lesson in the past. During the 2017 U.S. Open, he led the field by a stroke but couldn't maintain the pace, eventually finishing tied for second. Reflecting on that experience, Harman realized he might have overthought the situation and didn't prioritize rest and nutrition. This time, his focus for the weekend will be on getting enough sleep and eating well to stay on top. Over the past few years, Harman has consistently been near the top 10 in various PGA Tour events but hasn't won a tournament since 2017. He admits that he often thinks about this and finds it challenging to remain patient. Although he's unsure why he hasn't closed the deal, he remains determined and won't give up. Harman plans to keep working hard and hopes that one day, he'll secure another victory.
21.07 / 20:13
COST
Provident
FIVE
Manufacturing
country
electronic
Untangling the U.S. From China’s Economy Is Messy
The Biden administration’s attempt to surgically cut economic ties with China is proving difficult to execute. Treasury Secretary Janet Yellen visited Vietnam this week to discuss her push for “friendshoring," a term she uses to call for companies to shift supply chains from China to friendlier nations. Trade between the U.S.
21.07 / 20:13
UPS
Provident
FIVE
show
track
country
Americans Feel Better About the Economy. Should We Believe Them?
A pair of optimistic headlines in recent weeks suggest consumers are beginning to shrug off higher interest rates, the inflationary surge and recession fears—and feeling confident again about the economy. The Conference Board, a business-research nonprofit, reported its measure of consumer confidence in June climbed to its highest level since January 2022. The latest reading last week from the University of Michigan’s index of consumer sentiment was the highest since September 2021.
21.07 / 20:11
FIVE
Career
CEO
Software
Celebrity
STU
Pioneering hacker Kevin Mitnick, FBI-wanted felon turned security guru, dead at 59
Kevin Mitnick, whose pioneering antics tricking employees in the 1980s and 1990s into helping him steal software and services from big phone and tech companies made him the most celebrated U.S. hacker, has died at age 59
21.07 / 20:08
Citi
FIVE
Mobile
social
rock
Brazilian petrochemical company settles with city where mining destroyed entire neighborhoods
Brazil’s petrochemical giant Braskem says it has reached a $356 million settlement with a coastal city where four decades of the company’s rock salt mining destroyed five urban neighborhoods and displaced tens of thousands of people
21.07 / 20:08
21.07 / 20:07
FIVE
A movie theater chain's plan to charge more for good seats, less for the front row, falls flat
Movie theater operator AMC has ditched plans to charge more seats with better sightlines after competitors did not follow along
21.07 / 20:07
21.07 / 20:07
21.07 / 20:07
UPS
FIVE
Strategy
Nov
Attention turns to Mega Millions after California store sells winning Powerball ticket
Lottery dreamers are setting their sights on the growing Mega Millions jackpot now that a ticket worth more than $1 billion finally has been sold for the Powerball lottery
21.07 / 20:07
21.07 / 19:43
Twitter
FIVE
BBC Radio 1 taken off air for ‘five minutes’: Here’s what caused disruption
One of the DJs he needed to find was Mollie King, and he hurriedly set off on a boat to locate her, but bureaucratic delays with health and safety forms caused him to miss the midday deadline. As the clock struck 12 pm, the station abruptly cut off, leaving listeners in shock and silence. Following the incident, the broadcaster took to Twitter to confirm the situation. Eventually, Greg did manage to reunite with Mollie at sea, though it was too late to prevent the brief broadcast disruption. Afterwards, Greg expressed his surprise at the turn of events, praising Mollie for her successful hiding spot. The radio station eventually resumed broadcast after five minutes of silence, and fans quickly took to Twitter to share their reactions to the unexpected interruption. Before this incident took place, Greg was informed about the nature of the hunt and instructed not to take unnecessary risks while searching for the hidden DJs. Listeners were encouraged to participate by texting a special number if they believed they had information about the DJ's whereabouts.
21.07 / 19:11
Citi
Provident
FIVE
Cooper
CEO
Platform
country
ONDC to sell tomato at Rs 70 a kg
ONDC will sell the most coveted food item in the country currently — the humble tomato — for ₹70 a kg. Tomatoes will be sold by the National Cooperative Consumers' Federation (NCCF) for the next 10-15 days, ONDC managing director and CEO T Koshy said in the national capital on Friday. ONDC is a «socially conscious organisation» he said adding that the move will provide publicity for the platform which is trying to roll-out nationally after several pilots in cities across the country.
21.07 / 18:45
Waves
FIVE
In Scindia's Gwalior, Priyanka Gandhi claims 'massive wave of change' in MP
Congress leader Priyanka Gandhi on Friday said a massive wave of change prevails in Madhya Pradesh while attacking the BJP in the poll-bound state over issues like inflation. Addressing a 'Jan Aakrosh' rally in Gwalior — the home turf of Union Minister Jyotiraditya Scindia — Priayanka briefly touched upon the former Congress leader's change of heart but moved on to talk about economic issues and the Congress guarantees for the state if voted to power.
21.07 / 18:45
Provident
FIVE
Cooper
Citizens
country
boost
India-Sri Lanka to focus on petroleum line to boost ties
India and Sri Lanka will conduct feasibility studies on petroleum line and land bridge connectivity between the countries in what could boost sub-regional integration in the Indian Ocean Region, Prime Minister Narendra Modi said on Friday after holding talks with visiting Sri Lankan President Ranil Wickremesinghe. The two sides announced five pacts, including a memorandum of cooperation for economic development projects in Trincomalee district of Sri Lanka and memorandum of understanding on renewable energy.
21.07 / 18:45
Provident
Lowe's
FIVE
Ball
performer
Standard
Spain sets the standard at Women's World Cup
Alexis Putellas finally made her entry into Spain's opener at the Women's World Cup against Costa Rica on Friday, the match was already won. The two-time Ballon d'Or winner waited 77 minutes to leave the bench, to enter the tournament and to provide an early answer to questions about her fitness after her long recuperation from injury. Putellas damaged the anterior cruciate ligament in her left knee just before Spain's European Championship campaign last year, returned for the first time in April and has been played sparingly since, mostly from the bench.
21.07 / 18:29
COST
Provident
FIVE
Waters
Manufacturing
exclusive
Vedanta Q1 net profit falls 41% to ₹3,308 cr
NEW DELHI : Vedanta Ltd posted a 41% drop from a year earlier in June quarter net profit at ₹3,308 crore amid lower commodity prices and higher finance costs. Earnings before interest, taxes, depreciation and amortization (Ebitda) fell 35% to ₹6,975 crore with an Ebitda margin of 24% during the quarter. In a post-earnings interview, Sunil Duggal, chief executive at Vedanta said, “Fundamentally, these commodities have a very strong footing...
21.07 / 17:51
COST
FIVE
Waters
Aware
Manufacturing
star
It's still about cost, just long-term now
energy efficiency, is a sign of growing maturity. The Indian consumer continues to be price-sensitive. What has changed is his or her understanding of cost.
21.07 / 17:51
UPS
FIVE
Digital
Manufacturing
Action
country
NOT
China plus one, not really minus China
India a window of between three and five years to cash in on the opportunity will be well received in policy circles. India has been preparing for this eventuality for a while now. It has, over the past decade, cleaned up bad debts in the banking system, lowered corporate tax rates to internationally acceptable levels, diverted increasing chunks of the government budgets at building physical and digital infrastructure, and has rolled out incentives for local manufacturing and exports in select industries.
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