Citi Financial News

Argentine President-elect Javier Milei is getting a meeting with a top Biden aide

New York cannabis regulators have approved a deal to settle lawsuits that have blocked recreational marijuana shops from opening

Among the many challenges small businesses face as they try to grow these days, getting a loan is right near the top

In a high-profile showdown, Rome, Busan, and Riyadh are the top contenders to host the next World Expo, in 2030, as the organizing body prepares to vote on Tuesday in Paris

More cities across the U.S. are cracking down on homeless tent encampments that have grown more visible and become unsafe

Earth's climate is in trouble, and the signs could be seen around the world this summer

Heavy rainfall flooded several areas of Chennai, leading to the release of 200 cubic feet of excess water from Chembarambakkam Lake, the city's main drinking water source, at 10 am. This has prompted a flood warning for low-lying regions and six villages along the Adyar River. Kanchipuram district has witnessed varying degrees of rainfall over the past ten days due to weather changes and a low depression.

Moscow on Tuesday extended the detention of Wall Street Journal reporter Evan Gershkovich, arrested on espionage charges, until Jan. 30, Russian news agencies reported. The hearing took place behind closed doors because authorities say details of the criminal case against the American journalist are classified. Gershkovich, 32, was detained in March while on a reporting trip to the Russian city of Yekaterinburg, about 2,000 kilometers (1,200 miles) east of Moscow.

BharatPe on Tuesday announced that it has turned Ebitda positive in October with annualised revenue crossing Rs 1,500 crore. Without giving out the actual number, BharatPe in a statement said the financial milestone was attributed to consistent growth across all business lines. Earnings before interest, taxes, depreciation, and amortisation (Ebitda) is a measure of core corporate profitability.

A shaky cease-fire between Israel and Hamas has allowed a surge of aid to reach Palestinians in Gaza, but humanitarian groups and civilians in the enclave say the convoys aren’t nearly enough to address the needs of the strip’s two million people. Despite the pause in fighting, Palestinians in Gaza are burning door frames and piles of garbage to cook, sleeping crammed into school classrooms and strangers’ homes, and scrambling onto trucks bringing aid from Egypt in a desperate grab for supplies, residents say. The cease-fire has also allowed Gazans a chance to bury the dead and to take stock of entire neighborhoods that have been reduced to rubble during seven weeks of Israeli bombing.

Allison Ducluzeau has just returned from a dream trip to Hawaii where she married the love of her life on the beach. But it was a wedding she couldn’t even imagine earlier this year.

industrial powerhouse, home to over a quarter of the world’s manufacturing—more than America and Germany combined. But its progress has come at a cost in terms of emissions. Over the past three decades China has pumped more carbon dioxide into the atmosphere, in total, than any other country (see chart 1).

Bharat Petroleum Corporation Ltd (BPCL), and offered a bright picture for its disinvestment. But the market does not think so. Since March, the scrip has not budged at all.

Rohit Bal is 'critical' following complications in a pre-existing cardiac condition. The 62-year-old has been placed on ventilator support at the Medanta Hospital in Gurgaon, the Times of India reported on Tuesday. His health condition has declined due to a pre-existing cardiac condition.

Sanjiv Bhasin, Director, IIFL Securities, says “Paytm promoters are the maximum holders and even their shareholding is almost below 10%. So, there are no very big old shareholders. This is only a matter of opportunity to buy this stock. The fintechs, particularly PB Fintech, Paytm, Zomato are headed much higher over a period of time.” What do you make of the Berkshire Hathaway exit for Paytm? Is it going to materially impact the stock, according to you? So, one, it is a buying opportunity. I mean, Berkshire has not exited because it is in profit, it is because of the mistiming of the event before the pre-IPO placement and so on. Paytm is a unique case of fintech and the digital app going extremely positive. Positive news on their NBFC front is also where they are doing kirana lending.

Congress has submitted a memorandum to the Madhya Pradesh chief electoral officer seeking action against the Balaghat collector for allegedly taking postal ballots out of the strong room and indulging in malpractice. Chief Electoral Officer (CEO) Anupam Rajan on Monday denied the allegations and said local Congress leaders have expressed satisfaction at the procedure.

The wind speed improved to 20 kilometres per hour, aiding the dispersion of pollutants, an official at the India Meteorological Department said. Delhi's air quality index (AQI) stood at 365 at 8 am on Tuesday, improving from 395 at 4 pm on Monday. The AQI at any given time is the average of readings taken in the last 24 hours.

HONG KONG (Reuters) — Hong Kong private home prices extended a fall in October, dipping to their lowest since March 2017, official data showed on Tuesday, weighed down by higher interest rates and weak buying sentiment.

At least 76 people have died and 40,000 displaced from their homes since the rains began pounding the country in October. President William Ruto convened an emergency cabinet meeting on Monday and said 38 of Kenya's 47 counties had been affected by floods and mudslides made worse by the El Nino phenomenon. State House spokesperson Hussein Mohammed also noted «disease outbreaks, destruction of infrastructure and property as well as prolonged power outages» across Kenya and the region. The worst affected areas are the coastal cities of Mombasa and Malindi and the northern Kenya region which borders Somalia, also hit hard by flooding. In Kenya's Garissa town, thousands of people have been displaced after their homes were swept away. «All roads are destroyed.

Tata Consultancy Services: The IT services giant has launched its AWS generative AI practice to help customers harness the full potential of artificial intelligence (AI) and AWS generative AI services to transform different parts of their value chain and achieve superior business outcomes. Separately, the company faces $210 million penalty in DXC lawsuit.

Guwahati on Tuesday. The match will start at 7 pm. Suryakumar Yadav (capt), Yashasvi Jaiswal, Ruturaj Gaikwad, Ishan Kishan (wk), Tilak Varma, Rinku Singh, Axar Patel, Ravi Bishnoi, Arshdeep Singh, Prasidh Krishna, Mukesh Kumar Matthew Wade (capt, wk), Steven Smith, Matthew Short, Josh Inglis, Glenn Maxwell, Marcus Stoinis, Tim David, Adam Zampa, Nathan Ellis, Jason Behrendorff/Sean Abbott, Tanveer Sangha The weather conditions in Guwahati are set to be hazy sunshine and humid.