Citi Financial News
21.11 / 05:23
Citi
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economy
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prevention
Support
China's property sector needs more government support as crisis deepens
BEIJING — China's property market, which makes up a substantial chunk of the country's economy, needs more government support to prevent it from deteriorating further, analysts said.
21.11 / 04:37
Citi
Man
Waters
Nov
Healthcare
Updates
Cost of Living LIVE Updates Nov 21: Fuel prices steady. Check petrol and diesel prices in your city today
Cost of Living LIVE November 21: The cost of living is basically the amount of money one needs to survive in a given place - and one's most essential needs such as food, water, housing, taxes, cost of commute, healthcare, etc. The high rate of inflation has pushed up the cost of living across the globe, burning a hole in the common man's pocket.
21.11 / 04:37
Citi
Reuters
CEO
Action
Align
Citigroup
Patrick
Citigroup layoffs: CEO Jane Fraser announces management changes, 'difficult' decisions
Jane Fraser and her executive management team announced on Monday the next layer of changes in a sweeping reorganization, according to memos to staff seen by Reuters and sources familiar with the situation. Executive management team members sent emails to subordinates outlining changes, according to one source familiar with the situation who declined to be identified discussing personnel matters. Leaders also held conference calls to discuss the changes, another source said.
21.11 / 03:38
Citi
At AQI of 323, Delhi's air quality continues to remain in 'very poor' category
National Capital continued to experience 'very poor' air quality on Tuesday morning, with an air quality index (AQI) of 323, as per the System of Air Quality and Weather Forecasting And Research (SAFAR-India). AQI in IIT Delhi was recorded at 321, the Airport (Terminal 3) area at 336 and Pusa at 337, as per the SAFAR. According to the Central Pollution Control Board (CPCB), at 7:41 am, AQI in Anand Vihar was recorded at 374, in Jahangirpuri at 399, in Lodhi Road at 315, and in New Moti Bagh at 370. The Air Quality Index from 0 to 100 is considered as good, while from 100 to 200 it is moderate, from 200 to 300 it is poor, and from 300 to 400 it is said to be very poor and from 400 to 500 or above it is considered as severe. The Air Quality Index is a tool for effectively communicating air quality status to people in terms that are easy to understand.
21.11 / 03:33
Citi
Aware
Remark
country
electronic
reports
Wipro to sell office assets in Hyderabad, Bengaluru
Wipro is selling two office assets in Bengaluru and Hyderabad to monetise non-core real estate holdings and streamline operations. The properties include parts of its campuses in Gachibowli, Hyderabad and Electronic City, Bengaluru, said multiple people aware of the company’s property divestment plans. “Wipro has identified the assets as non-core for them and is willing to divest both Bangalore and Hyderabad properties. With a hybrid work model, the move is to consolidate operation across different cities,” said one of the persons quoted above. The technology firm wants to divest 14 acres of land in Gachibowli, while it is assessing if it wants to divest the entire campus in the Electronic City, Bengaluru. “Wipro will consolidate its operation in Bangalore and is still deliberating if the entire 25 acres should be monetised in one go.
20.11 / 23:42
20.11 / 23:42
Citi
SEC
Strategy
2020
recommendations
SEC orders brokerage, two reps to pay $1 million for Reg BI violations
A brokerage and two of its registered representatives agreed to pay the SEC a little more than $1 million for violating Reg BI by churning client accounts, according to orders released Monday.
20.11 / 23:42
Citi
Metro
Deloitte
stage
innovations
reports
gatherings
Nation’s new economic powerhouse
The City of Parramatta is leaving central Sydney in its wake as the nation’s most exciting commercial and cultural hub. New transport links, revitalised commercial precincts and the revamp of the Riverside Theatre are huge drawcards, helping to attract people and businesses to the area.
20.11 / 22:13
Citi
Citigroup
Citi initiates restructuring with significant job cuts
Citigroup has embarked on a major restructuring process, affecting numerous employees at the start of Thanksgiving week. The bank, following months of planning, is set to implement a series of job cuts as part of what it is calling “a strategic realignment.”
20.11 / 21:55
Citi
President
Bitcoin
country
Bitcoin Regains $37,000 As Argentina Elects Pro-Bitcoin President
On Sunday, the Libertarian Party's Javier Milei was elected as the new president of Argentina.Milei has spoken positively about bitcoin in the past, and the price of the crypto asset rose to roughly $37,500 as Milei's opponent in the runoff election conceded defeat.
20.11 / 19:58
Citi
FIVE
Waters
country
BJP tries to corner Ashok Gehlot over riots in home district
Jodhpur, chief minister Ashok Gehlot's home district, the BJP is banking on anti-incumbency and its Hindutva politics by alleging that Gehlot is indulging in minority appeasement. In 2018 assembly polls, the Congress had won seven seats, the BJP two and Hanuman Beniwal's RLP was victorious on one seat. This time the Congress has fielded five candidates from other backward classes (OBCs), one Muslim, two Scheduled Castes (SCs) and two from the general category. The BJP has five candidates from the general category in the fray, three OBCs and two SCs.
20.11 / 19:58
Citi
Provident
Platform
Discover
film
voice
Merry Little Batman: Here’s plot, cast, streaming platform and more
Merry Little Batman is a family-friendly DC movie now saved by Prime Video after Max initially dropped it during content reshuffling. The film introduces us to Batman's son, Damian Wayne, offering a Home Alone-style narrative in the DC universe.
20.11 / 18:44
20.11 / 18:33
Citi
Target
Manufacturing
Platform
Strategy
Enterprise
stage
JSW One expects to break-even by FY27, fuelled by GMV surge
NEW DELHI : JSW One Platforms Ltd, the tech venture of the JSW Group, aims to achieve break-even within two years, after having quadrupled its gross merchandise value (GMV) since last year, said chief executive Gaurav Sachdeva. “So, we will break-even...somewhere closer to FY26. When we say break-even, it is not Ebitda (earnings before interest, taxes, depreciation, and amortization) break-even, but PBT (profit before tax) break-even.
20.11 / 18:33
Citi
Provident
TikTok
shootings
Inside
social
reports
Canada housing inflation: Half-a-bed is up for rent at ₹54,000 per month in Toronto. Know details
Canada where rent of half of a bed shoots to ₹54,000 per month. Also Read: India-Canada row: MEA reiterates need to 'respect Vienna Convention' as Khalistani elements disturb consular camp In Canada's Toronto, individuals are offered to rent out half of their bed for a whopping 900 Canadian dollars (over ₹54,000) per month, reported Business Insider citing a TikTok video. Also Read: Got Canada permanent residency (PR)? How to strengthen your passport now The TikTok video was uploaded by a Toronto-based realtor Anya Ettinger, who brought attention to a now-deleted Facebook post in which an individual was offering half of their bed for rent for 900 Canadian dollars (over ₹54,000) per month, reported the news website.
20.11 / 17:13
Citi
A woman was sexually assaulted in the church premises
Oxford City Center. The investigation has now begun after this hideous crime committed. Before the incident, police think the victim and the suspect were spotted together outside Taylor's estate agents on St.
20.11 / 17:03
Citi
Citizens
Progressive
Remark
PwC
Healthcare
reports
Senior housing gearing up for a significant surge in demand – Here’s why
In a remarkable shift, India’s real estate landscape is gearing up for a significant surge in demand, with a particular focus on senior housing. Currently, the delivery space is abuzz with 50 projects in progress from the top 12 players, and an astonishing 60% of these ventures are strategically positioned in tier 2 cities, as revealed by ASLI (The Association of Senior Living in India), which has presented a white paper in association with PWC.
20.11 / 16:39
Citi
Target
Manufacturing
Action
economy
country
reports
EUR/USD Bulls Charge Ahead as Fed Easing Bets Intensify
The EUR/USD pair is likely to be among the more active currency pairs this week, which I am expecting to potentially rise to the 1.10 handle amid improved risk sentiment and recent falls in US yields and the US dollar. Although the economic situation in the eurozone remains far from convincing, the market may have gotten ahead of itself with regard to ECB rate cuts being priced in as early as April.
20.11 / 16:39
20.11 / 16:29
Citi
Aware
Manufacturing
performer
social
reports
travelers
International
Taxpayer-subsidized Stellantis battery plant potentially importing international workers
A handful of temporary workers from South Korea have arrived in Windsor to staff up a new Stellantis electric vehicle battery manufacturing plant, according to officials with the Ontario government, raising concerns that massive taxpayer subsidies could be used to employ international auto workers over Canadians.
20.11 / 15:01
Citi
Booking
Photography
Marvell
film
Marvel's "Thunderbolts": Everything one needs to know about
Marvel's Phase 5 of the Multiverse Saga, Thunderbolts (2024) features a revolving cast of past antagonists and anti-heroes from previous Disney+ series and movies. With a dynamic lineup and conflicting goals throughout their lengthy and intricate comic book history, the Thunderbolts may take many different turns in a live-action rendition of the super squad. The current date of Marvel's Thunderbolts' release is December 20, 2024.
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