Citi Financial News

15.11 / 21:10
Citi BLOCK Strategy Tesla country voice ‘Shrill’ critics of gas will only cost jobs: Santos boss
Santos chief executive Kevin Gallagher says the “shrill voices” of climate activists and politicians in affluent electorates will cost the country jobs and ultimately reduce living standards of average Australians if they succeed in blocking new gas projects.
15.11 / 19:49
Citi reports Control of Aamby Valley stays with the Sahara Group
Sahara Group's real estate assets including the Aamby Valley City, in the neighbourhood of Lonavala near Mumbai and Pune, is with the group and is operating at full potential, the group said. Sahara group founder Subrata Roy, 75, passed away in Mumbai on Tuesday. Aamby Valley, spread across more than 10,000 acres in western Maharashtra, is a premium gated city with luxury villas, an 18-hole Golf course, and over 90% of landscaped open spaces. The Sahara Group has been entangled in a long-drawn court battle with the Securities & Exchange Board of India (Sebi) with regards to a case involving Optionally Fully Convertible Bonds (OFCBs) that were issued by the group to raise ₹25,000 crore. The Supreme Court had ordered the auction of Aamby Valley to recover the money and refund deposits to investors.
15.11 / 19:39
Citi Aviat Action Airlines Strategy Metro President International International airlines see scope in India as aviation hub
NEW DELHI : Foreign airlines have always seen India as a market that feeds their hubs, but that seems to be changing with key foreign carriers from Asia Pacific seeing India becoming an aviation hub, which can be used to connect Africa and the Middle East from their part of the world. Senior executives from Japan Airlines and Thai Airways said they see the potential of India becoming a hub but it may take some time for this to become a reality.
15.11 / 19:21
Citi Provident FIVE Action information reports Department California program to lease land under freeways faces scrutiny after major Los Angeles fire
The state of California operates a little-known program to lease land under freeways that is now under scrutiny after an arson fire under Interstate 10 in Los Angeles
15.11 / 19:03
Citi Fox CEO economy pandemic President Experts Federal Reserve walking 'very fine line' as recession threatens US economy, former fed official says
Former Kansas City Federal Reserve Bank President and CEO Thomas Hoenig discusses potential for a recession during his appearance on 'Mornings with Maria.'
15.11 / 18:33
Citi Digital Booking Action Experts guidelines Bajaj Fin asked to halt lending via 2 products
Bank of India (RBI) has barred Bajaj Finance Ltd from lending under its eCOM and Insta EMI Card products. “This action is necessitated due to non-adherence of the company to the extant provisions of digital lending guidelines of Reserve Bank of India, particularly non-issuance of key fact statements to the borrowers under these two lending products and the deficiencies in the key fact statements issued in respect of other digital loans sanctioned by the company," the RBI said in a press release on Wednesday. The regulator said it will review the supervisory restrictions after the company rectifies deficiencies to the RBI’s satisfaction.
15.11 / 18:31
Citi Expedia film pandemic queer reports travelers "I couldn't be happier," says Antoni Porowski as he talks about Taylor Swift, Travis Kelce's relationship
Antoni Porowski shared his thoughts on Taylor Swift and Travis Kelce's budding romance, reported People. «I couldn't be happier,» the Queer Eye cast member told People at an Expedia Group's Unpack '24: The Trends in Travel Dinner.
15.11 / 18:31
Citi Provident Aware Metro track travelers Listening to trains from home
city train transit system or clear enough air for sound to travel distances, listening to trains from your home provides a delightful pleasure of urban living. The joy derived from the rhythmic cadence makes you aware of what it is to be alive in the city. Reminded of urban life 'out there' transforms the mundane into a captivating, throbbing experience.
15.11 / 16:41
Citi President performer audience classical FLO 2024 Florida Strawberry Festival 2024 unveils star-studded lineup: Tickets, dates, and more
Strawberry Festival is back with a bang, announcing its stellar lineup for the 2024 edition, promising an unparalleled musical journey for attendees. Set against the vibrant backdrop of Plant City, the festival is scheduled to unfold its musical magic from February 29 to March 10, 2024, offering a diverse array of genres and performances that cater to every musical taste.
15.11 / 16:37
Blockchain Ethereum Citi Digital Fighting Coindesk innovations Manny Pacquiao Foundation to Use Shibarium For Fundraising and Operations
Legendary boxer Manny Pacquiao’s philanthropic foundation is set to use the Shiba Inu ecosystem’s blockchain Shibarium for fundraising and operational activities.
15.11 / 15:29
Citi performer reports Nu Holdings results top consensus but fail to impress buy-side investors
Brazilian online lender Nu Holdings (NU) declined after it reported results for the third quarter. Overall, the financial services platforms’ performance was solid, but buy-side expectations were elevated heading into the print, leading to a negative reaction in the stock.
15.11 / 15:10
Citi Provident Ongoing conflict in Israel and Gaza pose a challenge to IMEC: FM
Nirmala Sitharaman said on Wednesday. Terming the IMEC as one of the most promising connectivity projects, Sitharaman said it will be a win-win situation for all states involved as it enhances transportation efficiency, reduces logistic costs, increases economic unity, generates employment, and lowers Greenhouse Gas emissions, contributing to a cleaner, safer, better world.
15.11 / 14:43
Citi Cooper Manufacturing economy President electronic Taiwan's participation at APEC forum offers a rare chance to break China's bonds
Taiwan will take part in the Asia-Pacific Economic Cooperation forum in San Francisco this week, a rare opportunity for the self-governing island democracy of 23 million people and its high-tech economy to break the diplomatic embargo on it imposed by ...
15.11 / 13:47
Citi FIVE Compilation Experts reports Edmunds: How to make the most of falling used car prices
Used-car shoppers won’t have it easy this year or next
15.11 / 12:25
Citi Provident FIVE Digital reports testing MAS kickstarts new round of asset tokenization pilots
The initiative is an extension to MAS’ Project Guardian, in which the central bank collaborated with 15 financial institutions to carry out industry pilots on asset tokenisation in fixed income, foreign exchange, and asset management products. The five new pilot projects explore a new set of use cases including listing, distribution, trading, settlement, and asset servicing.
15.11 / 12:15
Citi Provident Art Entertainment Align Subhash Ghai’s Mukta A2 Cinemas to operate theatres in Saudi Arabia
Mukta Arts Ltd. has entered into an agreement with Saudi Arabia-based Al-Othaim Investment Company to establish and operate cinemas across the Kingdom of Saudi Arabia through its Bahrain subsidiary, Mukta A2 Multiplex W.L.L. The partnership highlights the synergies between the real estate footprint of the Al-Othaim group and the experience of Mukta A2 Cinemas across the value chain in the movie exhibition business, Mukta said in a statement.
15.11 / 12:12
Blockchain Citi Adoption Tokens Central Bank Singapore introduces 5 new pilots to test asset tokenization
The Monetary Authority of Singapore (MAS) has introduced five additional industry pilots to Project Guardian to test various use cases around asset tokenization. 
15.11 / 12:10
Citi Provident FIVE Citizens Platform Racing track New Jersey casinos, track forfeit $77K in money won by prohibited gamblers, many of them underage
Five Atlantic City casinos and a horse racing track are forfeiting over $77,000 worth of money won by underage gamblers or those who had placed themselves on a list to be excluded from gambling activities
15.11 / 12:10
Citi Provident Remark Patrick electronic information testing After fire kills 3, NYC officials say retailers, delivery apps must do more to ensure e-bike safety
New York City officials say retailers and food delivery companies must do more to halt the proliferation of unsafe e-bike and e-scooter batteries, after a fire blamed on an electric scooter’s lithium ion battery killed three people

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