Provident Financial News
03.08 / 19:17
Provident
ETF
Action
BlackRock
MSCI
track
exclusive
BlackRock, State Street scramble to manage greenwashing risk
Global asset managers including BlackRock and State Street are scrambling to understand whether they could be hit with greenwashing lawsuits after the action brought against Vanguard because they rely on similar global indices to structure ESG investment options.
03.08 / 19:17
COST
UPS
Provident
Waters
country
Pumped hydro is clean and green. It’s also hard and expensive
In 2017, when former Liberal prime minister Malcolm Turnbull announced the Snowy 2.0 pumped hydro project as an “electricity game-changer” for the power grid, many thought it would herald the start of a string of similar schemes across the country.
03.08 / 19:17
COST
UPS
Provident
Target
Southern
Nielsen
show
Brolga and bat ruling a ‘death knell’ for Victorian wind farm
Strict conditions set around a proposed $1 billion wind farm in Victoria to protect nesting brolga and a tiny, critically endangered bat have sounded a “death knell” for wind power in the state’s south-west and make renewables targets unachievable, according to the project developer.
03.08 / 19:15
UPS
Provident
Waves
Progressive
Action
Strategy
NOT
‘China-plus: India not a natural choice’
Edited excerpts: From a markets point of view, liquidity is back in some form. Whether from foreign investors’ point of view, FOMO or whatever it maybe, the fact is that our markets outperformed our neighbours. The broad investment theme is that companies that are actually run well are finding takers.
03.08 / 19:15
Provident
Platform
Minosha’s small investors move NCLAT
Rekha Jhunjhunwala in 2019. Central to its resolution plan was the condition of delisting the equity shares and reorganizing the share capital, which was executed successfully. “Following delisting, there was no trading platform for the shareholders.
03.08 / 18:45
UPS
Provident
Aware
Manufacturing
Platform
PwC
KKR
KKR may bid for Zydus family’s clinical research biz Cliantha
MUMBAI : KKR & Co. is weighing a bid for Cliantha Research, the clinical research organization (CRO) owned by Pankaj Patel and family, the promoters of Zydus Lifesciences Ltd, two people familiar with the development said. The asking price for the asset is said to be in the range of $200 million, Mint reported in May.
03.08 / 18:21
UPS
Provident
Reuters
Remark
country
Oil recoups day-ago loss as Saudis talk up Sept cuts as expected
Investing.com — Down a day and up by as much the next: Oil’s yo-yo like behavior came after Saudi Arabia on Thursday announced as widely expected that it would extend its July-August production cut of one million barrels per day to next month as well.
03.08 / 18:21
03.08 / 18:09
COST
UPS
Provident
Digital
Mobile
Align
fall
BCE says more cost restructuring possible in media division as Q2 net earnings fall almost 40%
Following a quarter in which it began cutting 1,300 positions, shuttered six radio stations and closed two foreign news bureaus, BCE Inc. says more cost restructuring could be in store in response to declining ad revenue and regulatory hurdles.
03.08 / 18:01
Provident
Action
Strategy
Adventure
show
Inside
Steam freebie: Did you know these 3 popular video games are now available for free? Check details here
Steam and features an exciting real-time strategy series. The three free-to-play games available for download are World of Warships, World of Tanks, and World of Warplanes, all published by Wargaming.
03.08 / 18:01
Provident
Citizens
cover
Maharashtra to provide free health treatments in government hospitals
Tanaji Sawant. In 2020, Maharashtra became the first state to provide free and cashless insurance protection to its people as then State Health Minister Rajesh Tope announced that all citizens will be covered under the state government's health scheme, Mahatma Jyotiba Phule Jan Arogya Yojana (MJPJAY).
03.08 / 17:51
Blockchain
Ethereum
Provident
Crypto Staking
U.S. IRS Clarifies Taxation on Crypto Staking Rewards
The United States Internal Revenue Service (IRS) has issued a ruling that clarifies the taxation of cryptocurrency staking rewards. According to Revenue Ruling 2023-14, released on July 31, 2023, crypto staking rewards must be reported as gross income in the year they are received.
03.08 / 17:51
Blockchain
Ethereum
Provident
Disney
Starbucks
show
Polygon Expanded Collaborations with Disney, Meta, Starbucks, and More in Q2 2023
Accordint to a report released by Messari, Polygon ($MATIC), a suite of Ethereum-based scaling solutions, unveiled key insights and recent developments in its ecosystem for the second quarter of 2023. Among the key highlights, Polygon Labs introduced Polygon 2.0, a network of zero-knowledge Layer-2 blockchains. This new development aims to become the «Value Layer of the Internet,» bringing significant updates to protocol architecture, tokenomics, and governance.
03.08 / 17:39
COST
Provident
CEO
Apple
track
Which apps should you use to track your expenses?
₹600." When Bathla started earning in 2020, he felt the need to discipline his spending habits like his father. So, he opened an account with Notion (a note taking app). At the end of each day, he would painstakingly key in his spends in separate categories that he created.
03.08 / 17:21
COST
UPS
Provident
Flushing
country
Banks from 4 Arab countries are in talks to invest in struggling Lebanese banks, official says
Banks from four Arab countries are interested in investing in Lebanon’s struggling banking sector, which has been hard-hit by the small nation’s three-year economic meltdown
03.08 / 17:21
Provident
FIVE
Cooper
FirstEnergy
stage
penalty
Utility
Ohio utility that paid federal penalty says it's now being investigated by a state commission
A utility company in Ohio says it's being investigated by a state office focused on organized crime in connection with payments to the state’s former House speaker and a top utility regulator
03.08 / 17:21
Provident
Lowe's
Manufacturing
Recall
Two lots of Tydemy birth control pills are under recall. The FDA warns of 'reduced effectiveness'
Federal regulators are warning consumers that now-recalled lots of the Tydemy birth control pill “may have reduced effectiveness” due to decreased levels of a key ingredient of the product
03.08 / 17:21
Provident
Action
Fighting
US military may put armed troops on commercial ships in Strait of Hormuz to stop Iran seizures
The U.S. military is considering putting armed personnel on commercial ships traveling through the Strait of Hormuz, in what would be an unheard of action aimed at stopping Iran from seizing and harassing civilian vessels
03.08 / 17:21
Provident
Reuters
Fighting
country
voice
Support
Brazil's Lula voices support for more countries joining BRICS group
Brazilian President Luiz Inácio Lula da Silva says he supports more countries joining the BRICS group of large developing nations, which currently includes Brazil, Russia, India, China and South Africa
03.08 / 17:21
Provident
Man
Hartford
Man is charged with cheating Home Depot stores out of $300,000 with door-return scam
Federal prosecutors say a Connecticut man was given nearly $300,000 in fraudulent Home Depot credit by walking into stores in several states, taking expensive doors and then returning them without a receipt
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