Citi Financial News

15.10 / 03:17
Citi Target Waters Fighting social hospital evacuation Gaza's desperate civilians flee or huddle in hopes of safety, as warnings of Israeli offensive mount
Gaza on Saturday or huddled by the thousands at a hospital in the target zone in hopes it would be spared, as Israel intensified warnings of an imminent offensive by air, ground and sea following Hamas militants’ deadly rampage in Israel a week ago. While workers at an Israeli military base continued efforts through the Jewish Sabbath to identify the more than 1,300 people killed in the Oct. 7 assault, Israel dropped leaflets from the air and redoubled warnings on social media for more than 1 million Gaza residents to move south. The military says it is trying to clear away civilians ahead of a concentrated campaign against Hamas militants in the north, including in what it said were underground hideouts in Gaza City. Hamas urged people to stay in their homes. The U.N. and aid groups say such a rapid exodus along with Israel’s siege of the territory would cause untold human suffering. The World Health Organization said the evacuation “could be tantamount to a death sentence” for the more than 2,000 patients in northern hospitals, including newborns in incubators and people in intensive care. Gaza’s humanitarian crisis already was mounting Saturday amid a growing shortage of water and medical supplies under a week-old Israeli blockade, which has also forced electrical plants to shut down without fuel.
15.10 / 03:17
UPS Citi band social concert travelers Striking the right chord: Sustainability steals the show at music festivals
NH7 Weekender kicks off this December on the lush green lawns of Pune, there will be the usual song and dance, and three days of partying. One new thing festival-goers will encounter: a lot of gentle nudging to save the planet. "Sustainability isn't something that's nice to have; it's a mandate.
14.10 / 20:25
UPS Citi Reuters country hospital reports evacuation Israel prepares ground assault on Gaza as Palestinians flee
Gaza Strip, after telling Palestinians living in the densely populated territory to flee south towards a closed border with Egypt. The Israeli national security adviser meanwhile warned Lebanese militant group Hezbollah not to start a war on a second front to Israel's north, threatening the «destruction of Lebanon» it if did. Israel has vowed to annihilate the Hamas militant group that controls Gaza in retaliation for a rampage by its fighters, who stormed through Israeli towns a week ago, gunning down civilians and making off with scores of hostages in the worst attack on civilians in Israel's history. Some 1,300 people were killed in a brutal onslaught that left Israel in profound shock, both at the scale of the killing and at horrifying mobile phone footage and reports from medical and emergency services of atrocities in the towns and kibbutzes that were overrun. In response, Israeli jets and artillery have subjected Gaza to the most intense bombardment it has ever seen, putting the enclave, home to 2.3 million Palestinians, under total siege. Gaza authorities say more than 2,200 people have been killed, a quarter of them children, and nearly 10,000 wounded. Rescue workers searched desperately for survivors of nighttime air raids. Thousands of Palestinians fled the north of the Gaza Strip on Saturday from the path of the expected Israeli ground assault, while Israel pounded the area with more air strikes and said it kept two roads open to let people escape.
14.10 / 17:45
Citi Booking Assurant Metro performer track cover ‘We are registering robust growth in tier-2, 3 cities’
Private sector life insurance firm HDFC Life Insurance was able to grow its number of policies sold by 10% in the first half of this fiscal, while the premium category below Rs 5 lakh grew around 17-18%, said managing director and chief executive officer Vibha Padalkar. In an interview with Mithun Dasgupta, Padalkar said that the insurer’s annualised premium equivalent (APE) should grow by mid-teens in the current financial year. Edited excerpts:
14.10 / 17:45
Citi Waves Lowe's pandemic reports Residential price growth continues to slow globally, Indian cities significantly gain
Residential price growth across the 107 world cities has slowed in Q2 2023, falling to 1.7% YoY from 11.7% YoY in Q2 2022, according to Knight Frank’s latest report ‘Global Residential Cities Index Q2 2023’. This is recorded to be lower than that experienced in the first wave of the pandemic, when growth reached a low of 2.9% in Q2 2019.
14.10 / 17:39
UPS Citi Platform Chase social Online food orders remain largely tepid in first half of India-Pak Match
India vs Pakistan World Cup match on Saturday, but they expect an uptick late evening as India started its successful chase at around 6 pm. «Food orders were in line with what we usually witness on weekends in the first half of the match...although there was an expectation of a spike with the discounts being offered and advertised during match hours,» an executive at a food and grocery delivery company said. «The match day didn't make much of a difference in the first half, but we saw the trend curve changing after India started batting...that has also to do with the fact that dinner time orders are usually higher,» the person added. Quick commerce platforms witnessed a spike in orders for items such as chips and beverages during the second half of the match.
14.10 / 16:31
Citi economy film show track concert travelers Taylor Swift's 'Eras Tour' set to make $4.1 billion earnings
Taylor Swift's record-breaking Eras Tour is on track to earn the artist an astonishing $4.1 billion, making it the highest-grossing solo tour in history. Swift's tour has not only filled her coffers but has also significantly boosted the US economy, with its expansive production leading to increased travel, ticket sales, and merchandise sales for her dedicated fanbase known as 'Swifties.' Swift's substantial income is expected to grow as the Eras Tour film premieres in theatres, having already generated over $80 million in advanced ticket sales.
14.10 / 15:37
UPS Citi Provident WhatsApp reports Singapore’s DBS, Citi suffer service outage on data center issue
UPI transactions surged to 9.3 billion in June 2023, driven by P2M, says Worldline report “Preliminary investigations indicate that the service disruptions were caused by an issue at a common data centre that is used by the banks," the MAS said in a statement.
14.10 / 15:37
Citi Waters Platform Death social reports evacuation Israeli Offensive in Gaza Strip: All you need to know as Palestinians evacuate
vowed to ‘crush’ Hamas this week after militants launched a surprise attack on October 7. Retaliatory air strikes have killed nearly 2,000 Palestinians over the past week and the death toll appears likely to rise in light of water and power cuts across the Gaza Strip. Speculative reports suggest that Israel will soon launch a ground assault across the 40 km long stretch – prompting alarm about the fate of blockaded civilians in one of the world's most densely populated regions.
14.10 / 15:37
Citi WhatsApp country reports evacuation France's Palace of Versailles shut, tourists evacuated after bomb alert
the Louvre Museum in Paris was evacuated and shut down due to “security reasons". Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! The Louvre is frequented by 30,000-40,000 tourists from across the world, as it features masterpieces like the iconic Mona Lisa.
14.10 / 13:31
UPS Citi Ball gossips Time The search continues for a $64M Lotto 64/9 ticket holder. Time is running out
Sunday marks six months since the largest lottery prize ever recorded in Atlantic Canada was announced — and despite a significant amount of time passing, the winning ticketholder is yet to come forward to claim their earnings.
14.10 / 12:59
Citi Provident hospital evacuation Israel gives Palestine's Red Crescent until 1300 GMT to evacuate Al-Quds hospital in Gaza City
GAZA CITY (Reuters) — The Palestinian Red Crescent Society received an order from Israeli forces on Saturday with a new deadline to evacuate its Al-Quds hospital in Gaza City by 1300 GMT (16:00 pm local), according to a statement.
14.10 / 08:49
Citi Target Man Entertainment Death President France mobilises 7,000 troops for extra security patrols
PARIS (Reuters) — French President Emmanuel Macron has ordered 7,000 soldiers to be mobilised for increased security patrols, his office said on Saturday, a day after a teacher was stabbed to death in an Islamist attack.
14.10 / 06:11
Citi Target Fighting country reports evacuation Israeli Defence Forces say Palestinian civilians have started to leave Gaza
Israel Hamas conflict, Israeli Defence Forces Spokesperson Lieutenant Colonel Jonathan Conricus noted on Saturday that people in the Gaza Strip are listening to Israel's warning and are doing the right thing, noting that there has been a significant movement of Palestinian civilians towards the South. «We have seen a significant movement of the Palestinian civilians towards the south...we have seen people listening to our warning, understanding that they doing the clever thing, moving out of the dangerous area, and the right thing for their family...,» he said. On Friday the Israeli military had called for the evacuation of all civilians from Gaza City.
14.10 / 02:45
Citi Platform Racing President Luna social Mexico energy secretary steps down effective Friday
MEXICO CITY (Reuters) — Mexico Energy Secretary Rocio Nahle has presented her resignation and will step down immediately, Mexican President Andres Manuel Lopez Obrador said on Friday, following hints from Nahle she might enter the race for governor of Veracruz state.
14.10 / 02:37
COST Citi Citizens Death country evacuation Operation Ajay: 2nd flight carrying 235 Indian nationals from Israel lands in Delhi
Israel-Hamas war LIVE updates The second batch of 235 Indian nationals, including two infants, were safely evacuated on Friday. MoS MEA Rajkumar Ranjan Singh received the Indian nationals at the airport. India launched 'Operation Ajay' on Thursday to facilitate the return of those who wish to return home following brazen attacks by Hamas militants on Israeli towns on 7 October.

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