Citi Financial News
31.10 / 10:13
Citi
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Tories fuelling 'greed is good' with lift of cap on bankers' bonuses, says TUC
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31.10 / 08:21
Citi
Action
Continental
show
performer
shock
What a third world war would mean for investors
Europe had been moving towards the slaughterhouse for years, and by 1914 a conflict was all but inevitable—that, at least, is the argument often made in hindsight. Yet at the time, as Niall Ferguson, a historian, noted in a paper published in 2008, it did not feel that way to investors. For them, the first world war came as a shock.
31.10 / 08:21
Citi
Target
Citizens
Fighting
stars
reports
travelers
The Global War on the Jews
The disturbing fact of the past month is that Jews are under attack not only in Israel and not only by Hamas. The weeks since the barbaric Oct. 7 Hamas invasion of Israel have witnessed physical assaults on Jews the world over, including in the U.S.
31.10 / 07:08
Citi
Provident
Assurant
testing
Maratha reservation activist Jarange Patil ends hunger strike after Maharashtra CM's assurance
Eknath Shinde spoke to reservation activist Manoj Jarange Patil on the phone and gave him an assurance that the government was working out a solution for Maratha reservation. After his conversation with the Maharashtra Chief Minister, Manoj Jarange Patil who was on hunger strike in Antarwali Sarati village demanding Maratha reservation ended his hunger strike. «Chief Minister Shinde inquired about the health of Jarange Patil and there was a positive discussion between the two regarding providing reservation to the Maratha community.» stated the press release from the Chief Minister's Office. «Chief Minister Shinde told Jarange Patil that a concrete decision will be taken in today's cabinet regarding giving Kunbi certificates to the Maratha community. Also, it is necessary to resolve the issue of the Maratha reservation legally and for this,» read the release.
31.10 / 06:37
Citi
Reuters
Platform
Enterprise
show
information
China's semiconductor state fund invests $2 billion in memory chip firm
China's state-backed chip investment fund has invested 14.56 billion yuan ($1.99 billion) in a memory chip company called Changxin Xinqiao, records showed. The deal saw China Integrated Circuit Industry Investment Fund, also known as the «Big Fund», contribute to 33.15% of the total registered capital of Changxin Xinqiao, according to an update dated Oct. 26 to the company's registration information on the National Enterprise Credit Information Publicity System. According to company registration website Qichacha, Changxin Xinqiao was founded in 2021 in Hefei city, in the eastern Anhui province. Its general manager is Zhao Lun, who is also the chairman and general manager of Changxin Memory Technology, which is one of China's leading memory chip companies. Changxin Xinqiao and the Big Fund did not immediately respond to Reuters' requests for comment. The Big Fund's latest investment comes after it invested 13 billion yuan into Yangtze Memory Technologies (YMTC) earlier this year, marking one of its largest investments in recent years. YMTC, China's only player in the global NAND memory market, has been aggressively expanding production capacity and R&D with the help of state subsidies.
31.10 / 06:10
Citi
Target
Parke
Metro
Forrester
reports
Department
Plan to build more Sydney homes near train stations is ‘imminent’
New rules that could bypass anti-development councils are likely to be considered by the NSW cabinet soon, although how they would work is unclear, according to the state’s property development lobby group.
31.10 / 03:45
Citi
Man
Waters
Healthcare
cover
Updates
Cost of Living updates LIVE Oct 30: Fuel prices steady. Check petrol and diesel prices in your city today
Cost of living Updates Oct 31 LIVE: The cost of living is basically the amount of money one needs to survive in a given place - to cover one's most essential needs such as food, water, housing, taxes, cost of commute and healthcare, etc. The high rate of inflation has pushed up the cost of living across the globe, burning a hole in common man's pocket.
31.10 / 03:45
Citi
Provident
Target
WhatsApp
Experts
reports
recommendations
approved
Direct listing of Indian companies on foreign exchanges at GIFT City to be approved soon: Report
Moneycontrol IFSCA chairperson K Rajaraman, speaking to Moneycontrol during the Asia Securities Forum AGM in Mumbai, shared, "It is currently awaiting the PMO approval and could be out anytime soon. Recommendations by the working group, coordinating with the Securities and Exchange Board of India (Sebi) and the Reserve Bank of India (RBI), will also be out in 10–15 days. Then, we can make the necessary amendments to enable the procedure by the end of the year, he told Moneycontrol during the event.
31.10 / 03:45
Citi
Man
Waters
Healthcare
cover
Updates
Cost of Living updates LIVE Oct 31: Fuel prices steady. Check petrol and diesel prices in your city today
Cost of living Updates Oct 31 LIVE: The cost of living is basically the amount of money one needs to survive in a given place - to cover one's most essential needs such as food, water, housing, taxes, cost of commute and healthcare, etc. The high rate of inflation has pushed up the cost of living across the globe, burning a hole in common man's pocket.
31.10 / 03:11
Citi
Target
economy
Nikkei
Experts
show
reports
Speculation
Yen rises on speculation of BOJ policy tweak; dollar ebbs
yen hovered near a two-week high on Tuesday, boosted by a report that the Bank of Japan (BOJ) could further tweak a key bond yield policy tool when it announces its monetary decision later in the day. The dollar looked set to end the month largely unchanged against a basket of currencies, having lost some steam after a roughly 2.5% gain in September. Yet, the greenback is being underpinned by risks of another rate hike from the Federal Reserve, analysts say, noting a still-resilient U.S.
31.10 / 03:11
Citi
Nikkei
Experts
reports
Oil rises ahead of key central bank meetings amid heightened Mideast tensions
Oil prices rose in early Asian trade on Tuesday ahead of global central bank meetings and as tensions in the Middle East remained high. Brent crude futures rose 46 cents, or 0.53%, to $87.91 a barrel by 0001 GMT while U.S. West Texas Intermediate crude climbed 33 cents, or 0.4%, to $83.64 a barrel. Oil fell more than 3% on Monday as Israel's attacks on Gaza escalated although fears eased that the Israel-Hamas war would disrupt supply from the region. Israeli troops and tanks attacked Gaza's main northern city from the east and west on Monday, three days after it began ground operations in the Palestinian enclave. Traders were also keeping a close eye on global monetary policy, with rate-setting meetings of major central banks scheduled for this week. The Bank of Japan (BOJ) will be the first with its meeting on Tuesday where it is likely to revise up its inflation forecasts and discuss further tweaks to its bond yield curve control (YCC). Speculation grew on Monday that the BOJ would act after Nikkei, citing sources close to the matter, reported that policymakers may further tweak YCC to allow the 10-year Japanese government bond yield to rise above 1%. The U.S.
31.10 / 03:09
Citi
Gap
Strategy
economy
reports
India's shrinking IT hiring here to stay, drastic change in thinking needed
Icra Ltd., the sector is expected to log a 3-5% growth in FY24, down from 9.2% in FY23. Indian IT’s key sectors of banking, financial services, insurance, retail and telecom are predicted to be particularly affected by spending cuts. All this will lead to squeezed margins.
30.10 / 21:51
Citi
Action
shootings
show
fun
recommendations
Top Action Horror Games for Halloween: Check out the list
horror games during Halloween, where the tension slowly builds before confronting monsters. Some horror games take a more action-oriented approach, blending action and horror. Here are such games:
30.10 / 21:05
Citi
economy
pandemic
2020
reports
travelers
US consumers keep spending despite high prices and their own gloomy outlook. Can it last?
A flow of recent data from the U.S. government has made one thing strikingly clear: A surge in consumer spending is fueling strong growth, demonstrating a resilience that has confounded economists, Federal Reserve officials and even the sour sentiments...
30.10 / 21:05
Citi
Waters
Highways
Southern
Death
love
volunteers
Mexican security authorities raise Hurricane Otis death toll to 39
Mexico’s security authorities have raised the death toll from the Category 5 Hurricane Otis that struck the country’s southern Pacific coast early Wednesday to 39
30.10 / 21:05
30.10 / 21:05
Citi
economy
Southern
China Evergrande winding-up hearing adjourned to Dec. 4 by Hong Kong court
A Hong Kong court has adjourned a winding up hearing for property developer China Evergrande Group’s until Dec. 4
30.10 / 21:05
Citi
Waters
Southern
Death
love
rock
volunteers
Hurricane Otis death toll rises to 48, missing now number 36 as search and recovery work continues
Mexican authorities have raised the toll to 48 dead from Hurricane Otis, days after the fierce Category 5 storm struck the country’s southern Pacific coast and the tourist city of Acapulco
30.10 / 21:05
Citi
FIVE
Cooper
Death
President
Kazakhstan confirms nationalization of ArcelorMittal subsidiary after mine fire kills at least 32
Kazakhstan has confirmed the nationalization of ArcelorMittal Temirtau which operates the country’s largest steel plants and several coal and ore mines following a coal mine fire that killed, according to emergency services, at least 32 workers while a...
30.10 / 21:05
Citi
Twitter
Digital
economy
stage
reports
G-7 nations back strong supply chains for energy and food despite global tensions
Trade and economy officials from the Group of Seven wealthy democracies have strengthened their pledge to work together to ensure smooth supply chains for essentials like energy and food despite global uncertainties
30.10 / 21:05
Citi
Provident
Manufacturing
Fighting
Enterprise
Metro
consequences
Some striking UAW members carry family legacies, Black middle-class future along with picket signs
Britney Johnson is among the thousands of Ford Motor Co. workers who went on strike to force the automaker to improve pay for all
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