FIVE Financial News
29.10 / 16:51
markets
FIVE
Manufacturing
wellness
Trade
2020
Investigations
The EU will impose duties on electric vehicle imports from China from Thursday
The European Union says it will impose duties on imports of electric vehicles from China from Thursday, after talks between Brussels and Beijing failed to find an amicable solution to their trade dispute
29.10 / 15:23
markets
FIVE
economy
Election
Universities
reports
politician
With rate cuts signalling weaker economy, watch the Canadian dollar
While the Bank of Canada’s interest rate cut last week may be seen by some as good news, it points to worrisome underlying problems.
29.10 / 15:23
markets
UPS
FIVE
security
economy
reports
'Unwavering' determination: Majority of young Canadians say they plan to buy a home in the next five years
More than half of generation Z and millennials are planning to buy a home within the next five years, despite housing market challenges and an apparent decline in young homeowners, according to the latest Scotiabank Housing Poll.
29.10 / 14:01
markets
UPS
FIVE
pandemic
CoStar
Bosses are calling workers back to the office. That’s good news for landlords.
Subscribe to enjoy similar stories. America’s historic retreat from the office building may finally be winding down. More companies are backing away from the looser workplace policies they adopted during the early years of the pandemic as executives increasingly recommit to promoting an office culture.
29.10 / 13:53
UPS
FIVE
Strategy
performer
reports
Growth bias continues to weigh on performance at Baillie Gifford Japan
In its final results published today (29 October), BGFD reported its net asset value total return was up 10% over the year, compared to 14.7% total returns for the TOPIX index. The latest results for the trust, which divides its portfolio among four key themes — secular growth, growth stalwarts, special situations and cyclical growth — reflect a prolonged period of underperformance over the past five years. During this time, the strategy's NAV has consistently lagged behind its benchmark at 0.4% growth compared to TOPIX's 25.8% advance. However, with a period of controlled inflatio...
29.10 / 12:27
Provident
FIVE
Career
Platform
security
information
FIP
Why this rural India-focused RIA wants to build an account aggregator platform
Nitin Sawant, founder of NS Wealth, a Sebi-registered investment advisory firm, secured final approval from the Reserve Bank of India (RBI) on 28 October to launch an account aggregator (AA) platform under his new venture, OMS Fintech Account Aggregator.
29.10 / 11:59
UPS
Provident
FIVE
Booking
information
Features
Can AI chatbots be manipulated? A new industry promises just that.
Subscribe to enjoy similar stories. In the early days of the internet, finding content was a challenge. Even though hundreds of people were creating new websites everyday, unless you knew their URLs, there was no way to find them.
29.10 / 09:49
FIVE
ETF
Yellow
show
Equality
Relationships
International
Dhanteras: Why buying gold coins for investment is not a good idea
Subscribe to enjoy similar stories. NEW DELHI : For Indians, shopping for gold on Dhanteras symbolizes fortune and prosperity. Tradition aside, the yellow metal is also a good long-term investment option.
29.10 / 08:59
UPS
FIVE
Sustainability
travelers
Features
With luxury and sustainability, Gulfstream G700 gives a new meaning to business jets
business jets that also have the extravagance of superyachts. Famous names in this business — such as Gulfstream, Dassault and Bombardier — are engaged in a fierce battle to outdo each other, with more technology and luxury being crammed into their latest creations. The newer range of business jets are even more lavish, yet designed keeping sustainability in the mind. That’s because the owners of such aeroplanes are no longer focussed on just, say, gold fixtures or loud colours: “responsible luxury” has become the new buzzword for them. Gulfstream has been successful with the 650ER, but its new G700 is a significant step up as it comes with a set of new engines and an overhauled cabin design. The G700 is crucial for the planemaker because the demand for long-haul private jets has increased, in most part due to billionaires such as Jeff Bezos and Elon Musk owning this jet. After launching the 650 ER, Gulfstream returned to the drawing board to improve speed, range and roominess, and came up with the G700. The exterior design of the latest model remains elegant and restrained. But the interiors have seen a radical departure from the usual business jets.
28.10 / 20:17
markets
FIVE
Netflix
PAM
show
queer
Schools
Queer Eye Season 9: Here’s release date, fab five lineup and what to expect
Netflix's Emmy-nominated series Queer Eye is set to premiere its ninth season on December 11. This season introduces a new member to the Fab Five and moves to Las Vegas for unique makeovers.
28.10 / 20:15
FIVE
country
reports
guidelines
Courts
rights
Investigations
A pizza shop owner is sentenced to 8.5 years in prison for threatening workers with deportation
The owner of two Boston-area pizza shops convicted of forced labor for using physical violence and threats of reprisal or deportation against employees living in the country illegally has been sentenced to more than eight years in prison
28.10 / 15:25
markets
UPS
FIVE
Digital
awards
Experts
Adani's Ambuja Cements eyes expansion through acquisitions on path to 140 mn tonne capacity
Ambuja Cements will be open to exploring further acquisitions on its journey to 140 million tonne of production capacity, even after the Adani-group owned company has made two major buyouts in the last few months. “With a net worth of almost Rs 60,000 crore and being debt-free, we have enough opportunities for expansion, both organic and inorganic,” chief financial officer Vinod Bahety said. “You can understand the strength that the balance sheet has,” he told analysts on a call post the company’s quarterly earnings. The country’s second-largest producer of cement saw its consolidated profit more than halve on year in the September quarter to Rs 473 crore. Revenue from operations rose a little more than 1% to Rs 7,516 crore and were at an all-time high. The growth in revenues, though, was lower than the volume growth during the quarter.
28.10 / 12:43
UPS
FIVE
Odey Wealth Management files for voluntary liquidation
According to Companies House filings, the special resolution to liquidate the company was approved on 10 October at a general meeting of the firm. Evelyn Partners' Adam Stephens and Kevin Ley were appointed as joint liquidators on 22 October, according to the filings. In the declaration of solvency written by Odey Wealth chair Peter Martin, he said the company «will be able to pay its debts in full together with interest at the official rate within a period of 12 months», beginning on the winding up date. Ex-Odey AM partner James Kostoris exits Lancaster IM after five months As ...
28.10 / 10:35
markets
Provident
FIVE
Strategy
trends
information
Profiles
CredR delays salaries, halts operations amid fundraising push
Subscribe to enjoy similar stories. CredR, a two-wheeler marketplace backed by Omidyar Network and Eight Roads Ventures, has delayed September salaries and temporarily halted operations as it chases a $20 million funding round. The disruptions have raised fears of an imminent shutdown, employees and people familiar with the matter told Mint.
28.10 / 09:11
markets
FIVE
Strategy
Experts
performer
recommendations
7 equity mutual funds offered over 25% returns in three- and five-year horizons
equity mutual funds have offered over 25% returns in both three- and five-year periods. We have looked at the performance of 193 equity mutual funds, which have completed five years of existence in the market. Four smallcap funds, two midcaps and one multicap fund offered over 25% returns in the mentioned horizons. Also Read | Samvat 2081: How mutual fund investors can tweak their investment strategy this Diwali
28.10 / 08:01
markets
FIVE
BLOCK
Digital
Booking
Experts
PAM
IRCTC train ticket booking: How to book Tatkal tickets without money getting blocked, step-by-step guide to follow
Tatkal tickets on the day before the train's departure from the originating station. The booking window opens at 10 am for AC classes (2A/3A/CC/EC/3E) and 11 am for non-AC coaches (SL/FC/2S). For example, if you want to book a Tatkal ticket for a train departing on November 1, you can book it on October 30 at the specified times. Now imagine you need to book Tatkal train tickets for a family of five. This could cost thousands of rupees. Additionally, if you specify a particular berth, such as a lower berth, and it's not available, your money will be blocked for four to five days before being automatically refunded. The main concern is not the refund itself, but the time it takes to receive it. To save both time and money when booking Tatkal tickets, consider using the autopay option where you can use UPI (OTM)/debit card (OTM)/credit card (OTM) to pay for the tickets using a mandate. These autopay options are available on the IRCTC iPay payment gateway.
28.10 / 08:01
markets
FIVE
Digital
Experts
RAI
Celebrity
PAM
Diwali 2024 bank holidays: Are banks closed on October 31 or November 1 for Diwali? Check full state-wise bank holiday list here
Diwali, also called Deepavali is the Hindu festival of lights, with variations celebrated in other Indian religions. It symbolises the spiritual «victory of light over darkness, good over evil, and knowledge over ignorance» The celebrations generally last five or six days. During the festival, the celebrants illuminate their homes, temples and workspaces with diyas (oil lamps), candles and lanterns.
28.10 / 01:11
FIVE
economy
NVIDIA
President
Celebrity
country
concert
Mint Primer: Why top tech executives are heading for India
Subscribe to enjoy similar stories. Last week, Yann LeCun, one of the godfathers of artificial intelligence (AI), visited India. Alongside, Nvidia chief Jensen Huang made his annual visit.
28.10 / 01:11
markets
UPS
Target
FIVE
show
performer
Relationships
3 companies that could pay big dividends
Subscribe to enjoy similar stories. Remember the story of the man who killed the golden goose? In his greed to get more, he kills his steady source of gold. Some investors tend to make a similar mistake when they invest all their money in growth stocks, chasing only big gains.
28.10 / 01:11
markets
UPS
FIVE
Manufacturing
Remark
Trade
This Tata company is riding the biggest megatrend today. Will investors gain?
Subscribe to enjoy similar stories. Over the past decade, if there’s one word that has become synonymous with business, it’s “renewables". Every major corporation, big or small, is rushing to claim its share of the green energy pie.
28.10 / 01:11
markets
UPS
FIVE
Manufacturing
economy
country
Department
Govt panel may approve ₹4,000 cr new PLI scheme for specialty steel next month
Subscribe to enjoy similar stories. A top government panel is likely to approve a ₹4,000-crore production linked incentive (PLI) scheme next month to boost the domestic production of specialty steel and curb imports, two persons in the know of the development said.
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