Citi Financial News

Australian journalist Cheng Lei says she spent more than three years in detention in China for breaking an embargo with a television broadcast

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Nick Scali shares rose on Thursday after the sofa and homewares company provided first-half profit guidance ahead of market expectations, with trading still down but steadily improving.

Supreme Court on Thursday issued notice to Delhi police on pleas filed by NewsClick founder and Editor-in-Chief Prabir Purkayastha and website's human resources head Amit Chakraborty challenging their arrest under Unlawful Activities (Prevention) Act (UAPA) over alleged Chinese funding to promote anti-national propaganda. On October 16, the top court agreed to list the matter urgently after Kapil Sibal mentioned it before the bench headed by Chief Justice DY Chandrachud. The CJI had asked Sibal to circulate the case papers and said he would take a call on urgent listing of the matter. The Delhi High Court had on October 13 dismissed their pleas against arrest and subsequent police remand in the case. Both were arrested by the Special Cell of the Delhi Police on October 3. They subsequently moved the high court challenging the arrest as well as the seven-day police custody, and sought immediate release as interim relief.

Independent federal MP Bob Katter said the Queensland government should “boot” global miner Glencore out of Mount Isa and let other potential owners take over its leases after the Swiss giant announced it wouldclose its copper mines by 2025.

Gaza City, where numerous injured individuals and other Palestinians were seeking refuge on Tuesday. The Health Ministry under Hamas's control stated that hundreds of people lost their lives. While Hamas attributed the incident to an Israeli airstrike, the Israeli military pointed to a rocket that had been misfired by Palestinian militants as the cause.

Hindustan Times, Livemint's sister publication, liquor vendors have stopped offering discounts and offers as customers in Delhi have turned to Gurugram to purchase popular alcohol brands. The shortage of liquor in Delhi is due to the city's controversial excise policy and the rejection of sale licenses for major companies. And the absence of major brands from Delhi's liquor market has allowed retailers in Gurugram to raise prices.

Bank of America had a pretty good Q1 and a damn decent Q2 this year. Today was its Q3 results day - so how did it do?

When the banking job cuts of 2023 are reflected upon by generations to come, the cuts at Bank of America are unlikely to be remembered. It's Credit Suisse, Morgan Stanley, Goldman Sachs and Citi that have made the most noise about trimming heads in 2023. But it's Bank of America that has quietly cut the most.

As Citi rips out layers of bureaucracy and ends meetings about reports that never needed to be written, some of its managing directors who might have been presumed safe are disappearing.

Now that all the big investment banks (JPMorgan, Goldman, Citi, Bank of America and Morgan Stanley) have reported their third quarter results, there's more clarity on the performance of investment bankers working in M&A and debt and equitycapital markets. 

Woolworths’ partial acquisition of PETstock has hit a competition snag forcing it to divest a package of stores and veterinary hospitals to try to win approval from the regulator, which found historical transactions by the pet retailer may have breached competition laws.

AP. In a post on youtube on October 18, Amazon revealed that residents of College Station, Texas can opt for drone-based prescription deliveries, with a promised delivery time of one hour from the moment they place their order. A drone will be dispatched from a secure pharmacy delivery centre to customer's designated address.

weather changes in Maharashtra city due to a possible cyclonic storm that is expected to develop in the Arabian Sea. The IMD’s weather update on Monday outlined that a low-pressure area is likely to develop over the southeast and adjoining east-central Arabian Sea in the next 48 hours. October to December is among the favorable periods for the development of cyclones in the Bay of Bengal and the Arabian Sea due to warmer ocean temperatures.

Israeli airstrikes in Gaza City targeted the residence of Ismail Haniyeh, the senior political figure of Hamas, resulting in the reported deaths of at least 14 individuals. 1) Coalition forces were slightly injured in Iraq in a spate of drone attacks over the last 24 hours at US bases in Iraq as regional tensions flare following the deadly explosion at a hospital in Gaza. 2) Two drones targeted the al Asad airbase in western Iraq used by US forces and one drone targeted a base in northern Iraq, a US official told The Associated Press. 3) This came after Iranian-backed militias in Iraq threatened to attack U.S.

Given that Paco Ybarra, head of Citi's institutional clients group, wasn't a supporter of working from home during the pandemic, his eagerness to keep on coming into the office at a time when most people might be happy tending the dahlias is perhaps unsurprising.

By Byron Kaye

BEIJING (Reuters) -China's new home prices fell for the third straight month in September, official data showed on Thursday, dashing hopes of a turnaround in demand during a traditionally peak month for home buying despite efforts to revive the crisis-hit property sector.

Russian police think that a “crypto influencer” known as Bitmama, aka the “Queen of Crypto,” may have sent tokens to support Ukraine’s military.

Kelly Singh, 32, says she’s “as Mississauga as they come.”

Showroom B2B, a business-to-business platform for unbranded garments, on Wednesday said it has raised $6.5 million in a pre-Series A funding round led by Jungle Ventures. The round saw participation from other new investors – Accion Venture Lab, Saison Capital and ICMG Partners. Existing backers included Strive, Gemba Capital and Titan Capital, and debt partners Alteria Capital and Stride Ventures.