Citi Financial News

25.09 / 14:29

Citi Action Election Trade President prevention International AMLO seizes U.S.-owned port in final week as Mexico's leader

Mexico finalized plans to take control of a port and quarry owned by Vulcan Materials Co. on its Caribbean coast, deepening tensions days before the nation’s president leaves office.

25.09 / 14:17

markets Citi CEO Sky News City moguls warn government against scrapping tax breaks on AIM stocks

In a letter seen by Sky News, London Stock Exchange CEO Julia Hoggett called on City minister Tulip Siddiq to maintain the business relief currently afforded to AIM shares, as rumours swirl about potential plans to scrap tax breaks on the junior market's shares. According to Hoggett, removing this tax break from AIM shares would remove a «core source» of capital undermining the market's capital base and bringing its viability «into question over the short to medium term». She said a removal of business relief in the upcoming Autumn Budget is likely to result in «significant market vo...

25.09 / 12:31

markets COST UPS Citi Provident Why Delhivery’s taking the long road in the quick-commerce era

Subscribe to enjoy similar stories. Delhivery Ltd is on a rocky journey as the market turf is changing for the leading logistics company in the express parcel and part truckload segments. Also, India’s third-party logistics sector is facing some headwinds amid increasing competition from established players and as online marketplaces like Meesho opt for their own delivery fleets.

25.09 / 11:51

markets Citi Reuters Manufacturing RAI electronic reports Centre asks Tamil Nadu CM to find resolution to Samsung workers' strike: Report

A strike at the South Korean group's plant near the city of Chennai has entered its third week, with more than 1,000 workers disrupting operations and demanding higher wages and union recognition at the plant. The minister has urged the state government to intervene for an «early and amicable» resolution, the source told Reuters.

25.09 / 11:51

markets Citi Parke Metro Schools Courts Traffic PM Modi to visit Pune on Thursday to inaugurate Metro line, attend other events: Here's his schedule, traffic restrictions

Narendra Modi will visit Pune on Thursday, September 26, to inaugurate the underground Metro corridor connecting Civil Court to Swargate. This development is a significant step in the city's urban transport infrastructure. During the visit, PM Modi will also lay the foundation stone for the extension of the metro corridor from Swargate to Katraj, further boosting the metro network. Additionally, he will initiate several other important projects, including the much-anticipated memorial at Bhide Wada, the historic site where Mahatma Jyotiba Phule and Savitribai Phule established India's first school for girls.

25.09 / 10:57

markets Citi Provident Metro cover travelers Features Mumbai Metro 3 underground Aqua Line to start next week: Check fare, route, train timings, stations, other details

Metro Line 3 project, by Prime Minister Narendra Modi next week. This marks a significant milestone for the city's transportation system, as it will launch the Aqua Line's first phase. The 12-kilometer stretch connects Aarey Colony to Bandra Kurla Complex (BKC) and will feature 10 operational stations.

25.09 / 09:19

markets Citi Death Universities War 2020 Courts A spectre looms over Hong Kong’s property market

Subscribe to enjoy similar stories. Properties on the Peak, a rich neighbourhood in Hong Kong, are among the world’s most desirable. But nobody lives in Dragon Lodge, an Italianate mansion built in the 1920s.

25.09 / 06:51

Citi Provident Action wellness Department prevention infection US to hand over pest inspections of Mexican avocados to Mexico and California growers aren't happy

California avocado growers are fuming about a U.S. decision to hand over pest inspections of Mexican orchards to the Mexican government

25.09 / 06:51

Citi Football awards BAY community Sporting athletics As an era ends, the city that was home to the Oakland A's comes to grips with their departure

The Athletics already have carved out Jekyll-and-Hyde legacy as one of Major League Baseball’s most successful and sad-sack franchises with nine World Series titles and 19 seasons of futility punctuated by 100 or more losses

25.09 / 06:51

UPS Citi Pool pandemic Hawaiian hospital Union workers at Hawaii's largest hotel go on strike

Around 2,000 hotel workers went on strike Tuesday at the world’s largest Hilton hotel and the biggest hotel in Hawaii

25.09 / 05:17

markets Citi MET wellness RAI reports Talks positive, decision soon on seat-sharing: CM Shinde after meeting Amit Shah

Maharashtra assembly polls, Union Home Minister Amit Shah has met Chief Minister Eknath Shinde as well as Deputy CMs Devendra Fadnavis and Ajit Pawar in Chhatrapati Sambhajinagar. Though details of the meeting, which took place on Tuesday night, were not known, CM Shinde later said the meet was positive and «everything was going on smoothly.» After the meeting, when reporters asked Shinde at the city airport about seat-sharing, the CM said, «The meeting was positive and a decision will be taken soon. Talks are moving ahead positively with co-ordination.» Senior BJP leader Amit Shah is on a two-day visit to Maharashtra from Tuesday.

24.09 / 22:33

Citi Provident FIFA HANS International Sporting Phone deal for visiting fans at 2026 World Cup part of Verizon sponsor pact with FIFA

Soccer fans arriving in North America for the 2026 World Cup have been promised help with their cell phone coverage

24.09 / 22:33

Citi Action Parke Trade President show Department US company accuses Mexico of expropriating its property on the Caribbean coast

An American quarry company says the Mexican government has carried out a de-facto expropriation of its properties on Mexico's Caribbean coast

24.09 / 16:21

markets Citi Analysis Research trends Trade Experts MCX revises futures & options transaction charges. New rates effective from October 1

Multi Commodity Exchange of India (MCX) has revised transaction fees on futures and contracts effective from October 1, 2024. For futures contracts, the transaction fee will be Rs 2.10 per lakh of turnover value while for options contract, it will be Rs 41.80 per lakh of premium turnover value, MCX said in a circular issued on Tuesday.

24.09 / 13:07

markets Citi Fighting War International As Israel's fight with Hezbollah heats up, people of Gaza fear being forgotten

conflict between Israel and Hezbollah grabs global attention, Palestinians in Gaza wonder: What will become of their plight after nearly a year of devastating war? They are petrified that international concern has been diverted, and that a dark possibility looms: abandonment. The families of Israeli hostages held in Gaza have the same worry. Nezar Zaqout, one of some 1.9 million Palestinians forced to flee their homes since the Israel-Hamas war broke out, said he fears the fighting across the Israel-Lebanon border will overtake interest in the abysmal living conditions in Gaza and efforts to negotiate a cease-fire.

24.09 / 12:01

Citi Aviat Metro stage Traffic International Destinations India's smaller towns to get a big lift: 29 new airports

Subscribe to enjoy similar stories. NEW DELHI : India is advancing its efforts to transform smaller towns into aviation hubs, with plans to establish 29 greenfield airports across underserved regions over the next two decades—a first of its kind on this scale. The Airports Authority of India (AAI) has completed feasibility studies for 10 such airports, aiming to link smaller towns with global air routes, two officials aware of the development told Mint.

24.09 / 11:31

markets Citi Art Sustainability Opinion Arsenal Arteta responds to 'dark arts' taunts by Man City as injuries mount for Arsenal

Arsenal manager Mikel Arteta bristled at suggestions his team used «dark arts» in the feisty English Premier League match at Manchester City, saying he preferred to look at «facts» rather than opinions. Arteta said there were «a few players» who will be unavailable for the League Cup third-round match against Bolton on Wednesday, one of whom could have a serious injury. He didn't disclose any names. This development came after Arsenal players were accused of play-acting and feigning injuries by some of their Man City counterparts during the 2-2 draw on Sunday at Etihad Stadium.

24.09 / 09:11

markets Citi Provident Research trends reports Working-age Indian population rising; expected at around 64% in next census: SBI Research

working-age population in India has witnessed an increasing trend since 1971 and is projected to reach 64.4 per cent in the soon-to-be exercised Census, as per a report by SBI Research. It will further increase to 65.2 per cent in 2031, the report asserted on Tuesday. The working age population, people in the age bracket of 15-59, rose from 55.4 per cent in 1991, to 56.9 per cent in 2001, 60.7 per cent in 2021.

24.09 / 08:31

markets Citi Booking Platform show concert rock Rs 1.42 lakh for one night stay! Navi Mumbai hotel prices get hot when Coldplay is around

Coldplay and its arrival in India, at the moment. The British rock band is set to perform in India on three dates at the DY Patil Stadium in Mumbai and the demand for tickets has not been anything less than mind-boggling. The rush has been such to book tickets that BookMyShow's platform couldn't handle the traffic. The Coldplay fever, which has gripped the nation, has also led to a high demand for hotel rooms for the concert dates from January 18,19 and 21.

23.09 / 23:17

Citi Waters Research community Bill California governor signs law banning all plastic shopping bags at grocery stores

“Paper or plastic” will no longer be a choice at grocery store checkout lines in California under a new law signed by Gov. Gavin Newsom

23.09 / 23:17

markets Citi FIVE Digital President Relationships Sporting Boyd Gaming buys Resorts Digital online gambling operation

Boyd Interactive has purchased Resorts Digital, the online gambling arm of Atlantic City’s Resorts casino for an undisclosed amount

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