Citi Financial News

A potentially hazardous storm system projected to affect a significant portion, if not all, of the contiguous United States next week. This system is anticipated to bring various forms of precipitation, including the possibility of severe weather, substantial snowfall in mountainous regions, and significant rainfall, as per the FOX report.

Will Smith offered fans a glimpse into the final leg of filming for the highly anticipated "Bad Boys 4." The franchise, known for its explosive action and comedic duo of Smith and Martin Lawrence as detectives Mike Lowrey and Marcus Burnett, is set to continue its legacy with the upcoming sequel, directed by Adil El Arbi and Bilall Fallah.

sustainable, aerospace company Embraer and South Korean automaker Hyundai are among the companies betting on a new form of air travel — air taxis. Hyundai's Supernal and Embraer-backed Eve Air Mobility are developing electric aircraft that take off and land vertically. The idea is that such air taxis might provide a sustainable form of air transport for densely populated cities and areas with less developed public transport networks. Experts say they could help offset carbon emissions from the traditional aviation sector, but there are plenty of technological and regulatory challenges to making air taxis commercially viable.

By Liangping Gao and Ryan Woo

Rajya Sabha polls, all ruling Congress MLAs in Karnataka will stay put together at a hotel here on Monday after the budget session of the state legislature concludes and will later also travel together for voting the next day. This was revealed by Karnataka Deputy Chief Minister DK Shivakumar, also the state Congress President, while speaking to reporters today about the biennial election to fill four vacancies from Karnataka in the Rajya Sabha by the elected MLAs on February 27. «We have to be careful....all the MLAs will be staying together at the hotel, we will be coming together to vote (to Vidhana Soudha on Tuesday). We have extra votes. We will do whatever is necessary to secure our party. Others are also in touch with us. I don't want to disclose it,» he told reporters here, adding that a mock voting drill would also be held. Chief Minister Siddaramaiah has called the Congress legislature party meeting at 3:30 PM on Monday in the presence of AICC General Secretary Randeep Singh Surjewala and party treasurer Ajay Maken.

FRANCE’S LOVE AFFAIR with chocolate runs deep in the culture. “In French we would say, ‘On baigne dans le chocolat depuis tout bébe.’ We bathe in chocolate from babyhood," mused Paris native Cécilia Jourdan, CEO and founder of the Hello French online language program. “You know, instead of having a bottle of milk, I’m sure some of us have hot chocolate as babies." She was only half-joking.

A 2022 Citi report predicted that the Metaverse economy could be worth up to $13 trillion by 2030. While the buzz has since subsided, the BIS says that if the metaverse does succeed there will be important implications for the digital economy that will see new demands on payment services, "for instance that they be fast, programmable and cross-border". Metaverse promotors such as Meta have talked up the role of cryptocurrencies and stablecoins. However, the BIS paper argues for the importance of competition, interoperability, consumer protection and data privacy. With this in mind, CBDCs and interlinked domestic fast payment systems could prove better options.

The latest fashion in tax grabs is the vacant property tax (VPT). In Vancouver it’s called the “empty home tax.” In Toronto it’s the “vacant home tax.” Whatever the name, taxing residential property that isn’t used for a government-prescribed minimum number of days in a year is pernicious.

Fund Kaleidoscope, A wide-angle view on the Indian Fund Industry, Dec 2023 edition. These two Adani Group companies are Adani Total Gas and Adani Energy Solutions. The other stocks in the bottom ten included Vedanta, SRF, Hindustan Zinc, Kotak Mahindra, Hindustan Unilever, RIL, SBI Cards and Infosys.

By Ana Isabel Martinez

By Xie Yu

PM in Varanasi today, to launch multiple projects over ₹10,000 cr | 10 points PM Modi invoked Lord Shiva's blessings in Kashi while affirming that his constituency had witnessed the 'damru' of development in the last 10 years. "Kashi is the capital of all knowledge, today that power and form of Kashi is emerging again. This is a matter of pride for the whole of India.

Gold prices on Friday were set for their first weekly gain in two, supported by a softer dollar and safe-haven buying, as investors awaited further clues on when the U.S. Federal Reserve is likely to begin cutting its interest rates. FUNDAMENTALS

Ukraine's Black Sea port of Odessa, killing one person, with others possibly still trapped under rubble, the Ukrainian military said on Friday. The military's Southern Forces, in a post on the Telegram messaging app, said it had intercepted nine drones, but one of them struck an area near the port and triggered a fire. Firefighters recovered one body and said other residents might still be under the rubble as emergency teams worked to bring the blaze under control. A female security guard was rescued unharmed from a building, the post said.

Eureka Forbes, Vodafone Idea Eureka Forbes Eureka Forbes Ltd promoter Advent International on Thursday sold 10% stake in the company through the open market for Rs 979 crore.

MEXICO CITY (Reuters) -Mexican distiller Becle, the world's largest tequila producer, on Thursday posted a 41% rise in its net profit for the last three months of 2023 compared to a year earlier, even as sales slipped in key markets.

Israel's war on Hamas in the Gaza Strip. But the Houthis' targets have grown more random since their attacks began in November, endangering a vital waterway for cargo and energy shipments traveling from Asia and the Middle East onward to Europe. The attack Thursday in the Gulf of Aden saw two missiles fired at a Palau-flagged cargo ship named Islander, the U.S.

By Adriana Barrera

As the aviation sector seeks ways to make air travel less polluting and more sustainable, aerospace company Embraer and South Korean automaker Hyundai are among the companies betting on a new form of air travel -– air taxis

The Los Angeles City Ethics Commission has rejected a proposed settlement between the city and former CBS executive Les Moonves

Yemen’s Houthi rebels have launched attacks on both Israel and a ship traveling through the Gulf of Aden