Citi Financial News

One in three Canadians say they are living in a household that is experiencing financial hardship, a new Statistics Canada report has found.

Delhi's air quality remained in the 'Severe' category on Sunday, with a slight reduction in the overall Air Quality Index (AQI), measuring 410, compared to 504 on Saturday. This information comes from the System of Air Quality Forecasting and Research (SAFAR-India). The SAFAR-India data revealed that air quality in the Lodhi Road area was at 385 (Very Poor), while in the Delhi University area, it was at 456 (Severe).

Atul Suri, CEO, Marathon Trends — PMS, says “people are scared to buy at 30 PE, 40 PE, because historically these have been 10 and 15 PEs. But the fact is if the numbers continue to come, if they continue to deliver, that is really how bull markets are made. All great stocks have been expensive. Rarely, have all the wealth creators been cheap. The fact is that these companies tend to beat. And when they beat, what looks expensive suddenly looks cheap.” Give me an example of where strength in the market has surprised you. It is not a recommendation. We are discussing one or two names. Let us say electrical equipment. I would not take a name because I own the stock, but it is in the midcap space. You realise that all these unglamorous, boring companies went up. People say now they are at 40 PE, 50 PE and they have become very expensive. But these companies are delivering 30-40-50% returns and what looks expensive one quarter suddenly looks cheap the next quarter. As earnings keep coming, if you have an industrial revival, these companies will continue to surprise.

Delhi, which reportedly used to be between 3 and 4 lakh, has now come down to one lakh. As of 6:45 am on 5 November, the overall air quality in the national capital stood at 410. As per SAFAR data, areas like Delhi University, IIT Delhi, T3, Noida recorded AQI at 456, 442, 468, 466 respectively all in ‘severe’ category.

Delhi's AQI reaches ‘severe plus’ capacity. Know when it will improve The toxic air in Delhi is not just impacting humans but also birds and animals. Veterinarian Haravtar Singh said since the city air turned fouler, about 10 birds were brought with breathing problems.

work-life balance in a post-pandemic world. Their preferred destinations: the UK, Dubai and Singapore. Improved airline connectivity and technology have made it convenient to travel and be in constant touch with colleagues and family in India, helping the transition. Key reasons stoking this trend include better infrastructure, quality of life, wealth preservation and growth. Many of these promoters told ET on the condition of anonymity that India is important as a growth market, but many countries outside offer ease of living. Having a professionally run business has helped promoters and their next generation focus on growing their operations and wealth, experts say.

World Health Organization. Expressing concern about the expected deterioration in air quality in the coming days due to Diwali and stubble burning in neighbouring states, Delhi Environment Minister Gopal Rai shot off a letter to Union Environment Minister Bhupender Yadav urging that only CNG, electric and BS VI-compliant vehicles be permitted in Delhi-NCR. He also requested for an emergency meeting with NCR states to address the issue.

Chamber of Trade and Industry (CTI) wrote a letter to Prime Minister Narendra Modi demanding an emergency meeting with the governments of Delhi, Haryana, Punjab and Uttar Pradesh to discuss the decline of business in Delhi due to air pollution despite the festive season. CTI chairperson Brijesh Goyal said business is declining despite the festive season due to pollution.

By Jose Luis Gonzalez

If you’re in the oddly specific position of being a managing director (MD) cut from Citi in Hong Kong, have no fear; it turns out you can find a new job pretty quickly.

Citi might be in the midst of a substantial re-shuffle, involving both job cuts and senior leadership “optimization”, but that doesn’t mean some of its managing directors aren't leaving of their own accords and joiningJane Street, in the promised land of electronic trading. 

By Nidal al-Mughrabi, Simon Lewis, Suleiman and Al-Khalidi

Welcome to the weekend. To start off your day, we’ve curated 10 great reads to enjoy.

The final four episodes of Season 7 will premiere on Popstar! TV on November 14 at 4 pm (ET) or 1 pm (PT). There will be encore broadcasts at 9 pm (ET). Complete replays of Season 7 will air every weekday leading up to the premiere of 14 fresh episodes for Season 8 on Monday, December 11. The 100th episode special of The Bay will debut on December 14, according to a report in Deadline. In the previous season of The Bay, several central characters faced life-threatening situations when they were kidnapped and taken to an undisclosed location in Puerto Rico by the villainous Adam Kenway. With the assistance of Bay City's Police Commissioner Lex Martin and former Police Detective Nardo Ramos, vigilantes Pete Garrett, Caleb McKinnon, and R.J. Garrett-Foster embarked on a journey to a remote island to rescue their abducted family members, including Vivian Johnson-Garrett, Daniel Garrett, and Tamara Garrett. The series operates independently as a multi-camera drama, produced under a non-struck SAG-AFTRA contract, enabling it to maintain production and distribute new content.

Attack on Titan" is about to be released. Crunchyroll has put an end to the anticipation by announcing the exact streaming schedule for the final installment of the series.

By Nidal al-Mughrabi

love jihad" and cow smuggling in Chhattisgarh after the Bharatiya Janata Party comes to power, Uttar Pradesh Chief Minister Yogi Adityanath said on Saturday. Addressing a poll rally in Kawardha Assembly seat, Adityanath termed the Congress as a «problem for the country, society and public». Referring to the victory of the Congress in the 2018 polls in the state as a «mistake», he claimed Ram Navami processions were banned, while a worker opposing «love jihad» was brutally murdered.

Antony Blinken on Saturday to secure an immediate ceasefire in Gaza, hours after Palestinians said an Israeli air strike killed at least 15 people in a U.N.-run school being used as a shelter. In a rare open display of disagreement, the top U.S. diplomat pushed back as he stood next to his Jordanian and Egyptian counterparts at a news conference, saying a ceasefire would only let Hamas regroup and launch more attacks on Israel. Blinken met the Saudi, Qatari, Emirati, Egyptian and Jordanian foreign ministers in Amman four weeks after Hamas fighters burst over the border into Israel, killing 1,400 people and taking more than 240 people hostage. Israel has since struck Gaza from the air, imposed a siege and launched a ground assault, stirring global alarm at humanitarian conditions in the enclave and, Gaza health officials said on Saturday, killing more than 9,488 Palestinians. «Right now we have to make sure that this war stops,» Jordanian Foreign Minister Ayman Safadi told the news conference. Blinken said all were agreed on the need for peace and that the current status quo in Gaza cold not hold, but he acknowledged there were differences between Washington, which has called only for pauses to led aid into Gaza, and its allies. «A ceasefire now would simply leave Hamas in place, able to regroup and repeat what it did on Oct.

Jeremy Doku, one of the latest recruits for English Premier League champions Manchester City was highly praised by the club’s manager Pep Guardiola as he stated that the 21-year old winger is making an “unbelievable impact.” As per reports, Doku, a right-winger for Belgium was recruited by City earlier this year during the league’s summer transfer window for a fee of £55.5 million from the French league club, Rennes. Doku was signed as a replacement on the right-wing for Riyad Mahrez who left City to sign for Saudi Arabian club, Al-Ahli in the same transfer window. On joining City, Doku said that this club is “the best team in world football” and hence, it’s a very special feeling to be joining them.

Citizens Bank, based in Sac City, Iowa, has been shuttered due to financial instability, marking the fifth US bank failure in 2023. The Iowa Division of Banking sanctioned the Federal Deposit Insurance Corporation's (FDIC) takeover on Friday, November 3, with the FDIC subsequently appointed as receiver.

Amazon founder Jeff Bezos recently announced his decision to relocate to the opulent Indian Creek, nestled within the idyllic Miami-Dade County from the Seattle area. Two years after stepping down as Amazon's CEO and having lived in the Seattle area for over thirty years, Bezos decided it was time for a significant change.