Citi Financial News

Fat Brands chairman and founder Andy Wiederhorn details the economic impact of California raising the minimum wage to $20 an hour.

Shashi Tharoor on Wednesday said he doesn't think the China border is fortified the way the national capital is, adding that it's a democratic right of the farmers to protest and to be heard in the national capital. The member of Parliament for Thiruvananthapuram was reacting over the ongoing farmers' protest near different borders of the national capital demanding a legal guarantee for the Minimum Support Price (MSP) for all crops, a complete waiver of farmer debts, pensions for farmers, and the implementation of the Swaminathan Commission's recommendations. “It's a democratic right of the farmers to protest and come and be heard in the National capital.

Enforcement Directorate on Wednesday issued a sixth summon to Delhi Chief Minister Arvind Kejriwal asking him to appear on February 19 in the liquor policy case. Earlier on February 7, Delhi's Rouse Avenue Court on Wednesday took cognizance of the Enforcement Directorate's complaint and summoned Kejriwal on February 17, 2024. ED had approached the court against Kejriwal for not complying with the summons issued by the central probe agency in the Delhi liquor policy money laundering case.

LONDON — TUI became the latest company to ditch its share listing in London, as shareholders voted overwhelmingly for the German travel giant to list solely in Frankfurt.

₹52.89-lakh crore of top five States and Union Territories (UTs) including Maharashtra, New Delhi, Karnataka, Gujarat and West Bengal accounted for 68 per cent of the mutual fund industry last month, reported Business Line. However, the top-5 States’ share fell marginally from 69 per cent as new entrants in the mutual fund space are making inroads in smaller cities, shows ICRA Analytics data.

Juniper Hotels, which runs hotels under the «Hyatt» brand, announced the dates for its maiden public offer on Wednesday. The Rs 1,800-crore issue will open for subscription on February 21 and close on February 23. The IPO with a face value of Rs 10 is entirely a fresh equity with no offer for sale (OFS) component. The price band for the public offer will be announced soon.

₹90 for this 52-kilometer stretch from Nerul to Mantralaya. “We have planned at least four services and two air-conditioned electric buses will ply through the bridge," NMMT manager Yogesh Kaduskar said as quoted by HT.

Warehousing & Logistics recorded absorption of 37.8 million sq ft, 21% higher, compared to the previous year. Absorption has been on the rise since 2021, increasing gradually year over year. Despite dried-up investments in 2023, absorption surpassed pre-pandemic level of 2019 by 15%. The sector received investments worth USD 646 million in 2023, accounting for 15% of the total institutional investment received in the real estate sector. However, investments declined by 65% in 2023 over the previous year as investors opted for wait-and-watch mode amid global macroeconomic uncertainty. In the past decade, 3PL companies emerged as a preferred choice for several businesses as these companies can optimize cost along with providing flexibility to their clients in case of demand uncertainty.

one-day elections. The Southeast Asian nation's election is a mammoth exercise in logistics spanning three time zones with ballot boxes transported by truck, boat, helicopter, horse and even ox-cart.

Firefighters in Sweden are struggling for the second day to put out a blaze at a water park that's under construction at one of the country’s biggest amusement centers

A quick-moving winter storm that hit the Northeast on Tuesday has brought significant snowfall to some areas while others got less than expected

The United Nations' cultural agency says Ukraine will need nearly $9 billion over the next decade to rebuild its cultural sites and tourism industry following Russia’s invasion and war

Thousands of U.S. ride-hailing workers plan to park their cars and picket at major U.S. airports in what organizers say is their largest strike yet in a drive for better pay and benefits

Mount Baldy to find the missing woman.Search and rescue workers and volunteers battled through heavy snowfall and were hampered by avalanche risks in their attempts to find Lifei Huang. In the end, it was a civilian flying a drone who spotted her eight days after she went missing, the San Bernardino County Sheriff’s Department wrote in a press release.Huang set off for a solo hike in the Mount Baldy area of the San Gabriel Mountains on Feb.

North Korea on Wednesday fired multiple cruise missiles into the sea in its fifth test of such weapons since January, South Korea's military said, extending a streak in weapons demonstrations that's elevating tensions in the region. South Korea's Joint Chiefs of Staff said the South Korean and U.S. militaries were analyzing the launches that were detected in waters northeast of the eastern coastal city of Wonsan. The South Korean military didn't immediately provide the exact numbers of missiles fired or how far they flew. It wasn't immediately clear either whether the missiles were fired from land or from sea assets. «Our military has increased surveillance and vigilance and is working closely with our US partners and is closely monitoring signs for further activity from North Korea,» the Joint Chiefs of Staff said in a statement. Experts say North Korea is ramping up pressure on its rivals in an election year in South Korea and the United States with a long-term focus of forcing Washington to accept the idea of the North as a nuclear power and extract security and economic concessions from a position of strength.

Taylor Swift at the Super Bowl has helped it become the most-watched broadcast in the history of US television since the time of the 1969 moon landing as reported by Sky news. Approximately 123.4 million people have watched the Kansas City Chiefs beating the San Francisco 49ers on streaming platforms and TV as per the Nielsen ratings which were released by CBS.

UAE temple opening LIVE updates: Prime Minister Narendra Modi will inaugurate the BAPS Swaminarayan Mandir on Wednesday in Abu Dhabi. BAPS represents a socio-spiritual Hindu faith rooted in the Vedas, pioneered by Bhagwan Swaminarayan in the late 18th century and formally established in 1907 by Shastriji Maharaj.The proposal of the Hindu temple in Abu Dhabi came during the first visit of PM Modi to the UAE in 2015 after which the government allocated land for the BAPS temple.

snowstorm hit the Northeast on Tuesday canceling and delaying flights, making roads slippery and prompting many school districts to cancel classes or switch to remote learning —- or at least try to switch. In New York City, the online learning system that serves the nation’s largest school district experienced technical problems first thing in the morning, preventing many of the 915,000 students from logging in. More than 1,000 flights were canceled Tuesday morning, mostly at the airports in the New York City area and in Boston.

Sustainable cryptocurrency eTukTuk’s presale is surging towards $1 million in funds raised.

By Makini Brice

Suits universe has a spin-off and it is titled as "Suits L.A". Stephen Amell will be the lead actor in the NBC show, as per a report in Deadline. «Suits L.A» will be created by Aaron Korsh. The production for «Suits L.A» commences by the end of March, as per the report. «Suits L.A.» revolves around Ted Black which will be portrayed by Amell. Ted Black is a former federal prosecutor hailing from New York, who undergoes a transformation to become a formidable attorney representing influential clients in the bustling city of Los Angeles.