Citi Financial News

Some long-unaffordable pockets of Canada’s housing market could open up to first-time homebuyers this fall as interest rates decline but experts expect prices will hold relatively flat.

MARATHON, Greece — In the blackened remains of his workshop, sculptor Vangelis Ilias stacks what little is left of years of his efforts.

Chief of Defence Staff General Anil Chauhan on Saturday held extensive talks with Maldives' Chief of Defence Force Major General Ibrahim Hilmy, focusing on a reset of military ties that came under severe strain after President Mohamed Muizzu assumed office in November last. The talks between the two top military officials came a day after India and the Maldives held the fifth round of defence dialogue which decided to expedite implementation of the ongoing defence projects. Officials said the talks were aimed at furthering the bilateral defence cooperation, especially on measures to strengthen regional security and enhance bilateral training opportunities. It is understood that cooperation in the maritime security domain dominated the discussions.

Ukraine Saturday as the country continues to face increased long-range bombardment from invading Russian forces. The Ukrainian Air Force said that 67 drones were launched over the country overnight, with air defences active in 11 regions across the country, including in the capital, Kyiv. Fifty-eight drones were shot down, with three more destroyed by electronic weapons systems, it said. Debris from one drone was photographed on the street outside Ukraine's parliament, the Verkhovna Rada. Ukraine's parliamentary press service confirmed that drone fragments had been found but said there were no casualties and no damage to the parliament building. The bombardment follows a week of increased long-range attacks across Ukraine, including a missile strike on a Ukrainian military academy and hospital Tuesday in the city of Poltava that killed 55 people and wounded 328 more.

The Times of India, highlight the challenges women face when using ride-hailing services in the city. A 27-year-old professional recounted her ordeal, saying, “Three months ago, I was heading from Koramangala to Marathahalli around 10 pm. The driver complained about the traffic for over 15 minutes, and eventually asked me to get down unless I paid an additional Rs 50 to Rs 100, which I refused.” She further explained how the driver yelled continuously, forcing her to exit the auto. “It was already late, and I had to walk the rest of the way. I was scared the whole time,” she added. In a similar incident, Gowri, a 21-year-old student, booked an auto to a mall in Rajajinagar. “The driver took a long route, claiming there was traffic on the app-suggested way. He demanded more money and refused to leave until I paid double the fare,” she shared. Despite filing a complaint with the app, no action was taken.

Typhoon Yagi pounded south China's island province of Hainan with heavy rain and gusty winds, local authorities said Saturday. Yagi, the 11th typhoon of this year, made two landfalls in China on Friday, first striking Hainan and later Guangdong province. China has sounded a red alert on Friday and warned of floods in the southern region as Yagi made landfall first in Hainan followed by southern Guangdong province and is expected to hit China's Guangxi Zhuang autonomous region and northern Vietnam. More than one million people have been evacuated in the affected areas with work, classes and businesses suspended and over 100 flights cancelled on Friday, the Hong Kong-based South China Morning Post reported.

Heavy rainfall that lashed the pink city of Rajasthan the night before caused severe waterlogging in several parts of Jaipur, leading to major traffic disruptions. Commuters faced difficulties as vehicles were submerged and key routes were impacted by the flooding from the rainwater. Many markets, shops, and establishments are filled with water. The situation is also dire in the slums of the area.

Workers seeking to ban smoking in Atlantic City’s casinos are asking an appeals court to consider their request, saying a lower court judge who dismissed their lawsuit did so in error

Indian Army is actively involved in rescue operations in Vijayawada, Andhra Pradesh, after the Budameru rivulet overflowed, causing floods. The local administration sought the Army’s help to stop the flooding and manage the damage caused by the breach in the rivulet.

U.S. economy's health is rippling through markets, adding fuel to an already-volatile period that has investors grappling with a shift in Federal Reserve policy, a tight U.S. election and worries over stretched valuations. U.S. stocks tumbled on Friday after closely watched jobs data showed labor market momentum slowing more than expected, suggesting a narrower path for the U.S. to achieve a soft landing, in which the Fed is able to cool inflation without badly damaging economic growth.

Scoot flight from Singapore to the Chinese city of Guangzhou hit turbulence. One person was taken to the hospital, The Straits Times reported. Scoot said the flight encountered turbulence as it was approaching Guangzhou on Friday morning, adding that the Boeing 787-9 Dreamliner aircraft landed uneventfully at 9.10 am local time. Scoot flight TR100 departed from Singapore around 5.45 am, The Straits Times said, citing data from flight-tracking website FlightRadar24.

New Jersey gambling regulators have levied a $33,000 fine on sports betting company bet365 for taking bets on games in which the outcome was already known, and on games that were not approved for betting

Although it has been nearly four years since hurricanes Laura and Delta decimated southwest Louisiana and caused an estimated $22 billion in damage nationwide, some residents say they are still far from recovery

crime comedy series "Only Murders in the Building" has been renewed for a fifth season by American streaming service Hulu, a decision announced just a week after the premiere of its fourth season. Starring Steve Martin, Martin Short, and Selena Gomez, the series continues to captivate audiences with its engaging plot and stellar performances. «Only Murders in the Building» follows the lives of Charles Haden-Savage, Oliver Putnam, and Mabel Mora, three neighbors who reside in a New York City apartment building named the Arconia. Together, they launch a true-crime podcast to investigate and document the murder of a fellow resident. The show's unique blend of humor and mystery has made it a standout success. Season four, which premiered on August 27, shifts the narrative from New York City to Los Angeles. In this season, the trio grapples with the untimely death of Charles' stunt double, Sazz Pataki, played by Jane Lynch. Their investigation into whether Sazz or Charles was the intended victim takes them across the country and provides new twists and turns.

local kirana stores to operate and sell online. The e-commerce platform specialises in the fresh produce category which includes fruits, vegetables, meats, and dairy. It has recently introduced video-based shopping on the lines of content-commerce trends in China.

Delhi government has proposed a compensation of Rs 7.5 lakh for the families of prisoners who die due to unnatural causes while in custody in the city's jails. According to a statement, the proposal, aimed at addressing grievances and upholding human rights within the prison system, has been submitted to the lieutenant governor for approval. «Unnatural custodial deaths, as defined by the policy, may occur due to incidents such as quarrels between inmates, mistreatment or torture by prison staff, or negligence by medical officers,» the statement said. However, the compensation will not apply in cases of death by suicide, escape attempts, natural causes or disasters.

ST Telemedia Global Data Centres (STT GDC) on Friday announced an investment of $3.2 billion (Rs 26,000 crore) to expand its data centre capacity in India by 550 megawatts over the next five to six years. This will nearly triple the Singapore-headquartered data centre company’s IT load capacity to meet the demands of India's thriving digital economy, it said in a statement. STT GDC India, in which Tata Communications holds a minority stake, has 28 data centres across 10 cities, with a combined capacity of more than 318 megawatt of IT load. It has about 1,000 enterprise customers.

The first floor of Bandra Born is designed like a small Japanese bar. It features high seating, plenty of wood, and at the far end, a DJ console presided over by chef Gresham Fernandes. He plays electronic, funk, and hip-hop as drinks are poured and diners dance.

Montreal melon used to be the talk of the town over a century ago, with a high price tag for those lucky enough to afford one — or even a slice. Now, a local community group is hoping to bring back a little sliver of history and tastiness to the city.“It was sold for one or two dollars a slice,” Justine Senechal, the project lead at the Blue Bonnets Gardens, said in a recent interview.“Which to today’s equivalent is something like 35 bucks a slice, which is insane when we think about it, so it was very much a luxury food.”The Montreal melon was grown along the St.

Rajnath Singh on Friday responded to his earlier statement that "Armed Forces need to be prepared for war". The Defence Minister said that he gave that statement so that India's peace cannot be disturbed under any circumstances. Highlighting India's message of 'Vasudhaiva Kutumbakam', Singh said that India has always advocated for peace but keeping in mind the today's geopolitical situation, India always needs to prepare for war to establish peace in India and world. Speaking to media persons, Rajnath Singh said, «India is the only country in the world that has given the message of 'Vasudhaiva Kutumbakam'. India has always advocated for peace and it will always. But today given the geopolitical situation, I told the army that to maintain peace in India and the world, we should always be ready for war. I said so that India's peace is not disturbed under any circumstances.»

International Solar Festival 2024 features a futuristic solar city in which the sun powers everything. It also has virtual-reality devices depicting solar parks and agriculture solar, and a solar smash game that gives visitors on an experiential journey of transition from fossil fuel-based power to clean and renewable solar energy, reported TOI. The first edition of the two-day event is being hosted by New Delhi’s Bharat Mandapam. The festival displays innovation in the solar sector that can drive a greener future. Among the displays is a virtual flipbook, which educates people about successful case studies from around the world. It also includes Modhera village, which is India's first solar-powered village. Further, it depicts how solar water purifiers installed in water kiosks, hospitals, schools and residences enabled safe drinking water in Tanzania.