Citi Financial News

05.10 / 22:35
COST Citi Progressive Strategy Netflix show Netflix’s 'Squid Game: The Trials': Here’s what it is, launch date, tickets and more
Netflix will debut an interactive 'Squid Game: The Trials' experience in Los Angeles. It will feature live competitive games, a «Night Market» offering Korean cuisine, beverages, a Squid Game store, and photo opportunities. Chef Katianna Hong from the restaurant YANGBAN will curate the food and drinks. The experience will open on December 6 at the Television City complex, with ticket sales starting on October 11. Tickets will be available from $39, and the experience will run from Wednesdays to Sundays. Netflix aims to build fan engagement through immersive experiences, and it has previously launched similar events based on popular shows like Bridgerton, Stranger Things, and Money Heist in cities, such as New York and Los Angeles. Additionally, earlier this year, Netflix introduced the Netflix Bites pop-up restaurant in L.A., featuring cuisine from its featured chefs. At the 'Squid Game: The Trials' experience, participants will encounter the «Front Man,» the series' masked antagonist, and undertake six progressively challenging tasks, earning points as they progress. The ultimate victor will need nerves of steel, strategic thinking, and a bit of luck. In an announcement by Josh Simon, Netflix's VP of consumer products, the company emphasized its commitment to live immersive experiences as part of its strategy to cultivate dedicated followings for its flagship franchises. Netflix has also extended its physical presence with a store at The Grove, where it sells merchandise inspired by its content.
05.10 / 21:19
Citi Provident Parke Bill Diamondback cover hearing Wisconsin hearing considers $614M plan to fund Milwaukee Brewers stadium repairs
The architect of legislation to give the Milwaukee Brewers more than $614 million to cover repairs at American Family Field is defending the proposal to fellow lawmakers
05.10 / 20:11
COST UPS Citi show reports NOT Homebuilding surge in some Canadian cities to start 2023 may not last: CMHC
Higher borrowing costs are expected to drive drastic slowdowns in homebuilding for Canada’s largest urban centres after a surge in activity that started the year, according to the Canada Mortgage and Housing Corp.
05.10 / 19:33
UPS Citi Digital BlackRock show Bajaj Finance plans Rs 10,000-crore fundraise as Jio takes guard
Bajaj Finance, India’s biggest non-banking finance company (NBFC) by market capitalisation, plans to raise as much as Rs 10,000 crore in a restricted share sale as it shores up its capital position amid the entry of Reliance Industries’ Jio Financial into retail lending. The exercise would involve equity divestment in favour of institutional investors and the holding company, Bajaj Finserv. This is the company’s first equity capital raise since November 2019 and comes even as it is sitting on a comfortable capital adequacy of 23% — more than double the 10% mandated by the Reserve Bank of India for NBFCs classified in the upper layer and considered important for India’s financial system. Bajaj Finance will issue Rs 8,800 crore worth of shares to institutional investors through a qualified institutional placement (QIP) and will also allocate shares worth Rs 1,200 crore to promoter company Bajaj Finserv. The fundraising will have to be approved by the company’s shareholders in a proposed extraordinary general meeting.
05.10 / 18:09
Citi Provident pandemic show hospital reports Carlyle’s Accolade mulls restructuring plan, debt-for-equity swap
Finally, after a protracted recapitalisation process, there’s movement at Accolade Wines, the country’s second-largest wine group behind Treasury Wine Estates.
05.10 / 17:55
UPS Citi MAT performer Simone Biles led US Women's team wins Gymnastics World Championships. Here are details
Simone Biles led the US Women's team that won the Gymnastics World Championships for the seventh consecutive time. The US team of Simone Biles, Shilese Jones, Skye Blakely and Leanne Wong scored a total of 167.729 points to beat Brazil and France. They won by a margin of 2.199 points as the finals proved to be a close contest.
05.10 / 17:50
Citi Southern President Shell show information gatherings Support Nearly 50 European leaders stress support for Ukraine at a summit in Spain. Zelenskyy seeks more aid
Almost 50 European leaders are using a summit in southern Spain’s Granada to stress they stand by Ukraine at a time when Western resolve appears somewhat weakened
05.10 / 17:49
Citi Provident FIVE Cooper Action country gatherings Developed nations pledge $9.3 billion to global climate fund at gathering in Germany
The German government says developed countries have pledged $9.3 billion to help poor nations tackle climate change
05.10 / 17:49
COST UPS Citi Parke country 2020 Costs 3 New England states join together for offshore wind power projects, aiming to lower costs
The governors of Massachusetts, Connecticut and Rhode Island plan to procure offshore wind energy together
05.10 / 17:49
Citi Citizens economy President country travelers Department The Philippines aims at a younger generation of Filipino American travelers
The Philippines has a long history of trying to attract Filipino American citizens and their families to come and add to the economy
05.10 / 17:49
UPS Citi Target Southern President Shell country Support Russian strike on village kills 51, Ukrainian officials say, as Zelenskyy seeks more Western support
Ukrainian officials say at least 51 civilians were killed in a Russian rocket strike on a village store and cafe in the eastern part of the country in one of the deadliest attacks in recent months
05.10 / 17:37
UPS Citi IPO Provident Digital reports Mobikwik to be profitable in FY24, cofounder says
Mumbai: Indian payments service provider Mobikwik expects to report full year profits at the end of FY24, as it becomes IPO (initial public offering) ready, co-founder and chief operating officer Upasana Taku said in an interview on Thursday. Mobikwik (operated by One Mobikwik Systems Pvt Ltd) reported its half-year revenues at ₹385 crore for H1 FY24 and ₹8 crore of profit after tax on Thursday. “We have grown 58% in revenues over what we did last year at this time.
05.10 / 15:27
COST Citi Digital Assurant pandemic country information Relocation Concerns Slow Hiring of New Tech Leaders
Companies hiring for CIO and CTO positions want boots on the ground at the corporate headquarters, eliminating some potential candidates and a slowing of the overall rate of tech executive hiring. For business technology executives, relocation can be the single biggest impediment to changing jobs, said Eric Sigurdson, who leads the Chief Information Officers Practice at search firm Russell Reynolds Associates. For a time, that impediment disappeared, although now it is back, he said.
05.10 / 15:27
COST UPS Citi BLOCK Racing Pool Snooty health goals serve as an escalator at India Inc
₹20,000 a month. On top of that, close-knit groups often head out for big-ticket health retreats or costly treks. If this is the investment needed for basic participation in the fitness race, then those who have educational loans to pay off, or other family-related financial burdens, find themselves at an instant disadvantage.
05.10 / 15:27
Citi Booking performer beautiful audience Akshay Kumar's Mission Raniganj earns ₹78 lakh on Day 1 advance booking
Akshay Kumar starrer Mission Raniganj -- The Great Bharat Rescue's advance booking has opened. On day 1, the movie collected 78.02 Lakhs in total, according to Sacnilk. The movie about a rescue mission from India's oldest coalfield is expected to perform decently at the box office.
05.10 / 15:17
Citi Metro FTX President reports travelers Sam Librarian and Retired Corrections Officer Included in Jury for Sam Bankman-Fried Case
The jury selection process for the trial of Sam Bankman-Fried concluded on Wednesday morning, with a diverse group of individuals from various professional backgrounds chosen to serve. 
05.10 / 14:57
Citi Coca-Cola Metro Costa signs pact to sell coffee at select premium properties of PVR Inox
PVR Inox has entered into a strategic agreement with Devyani International Ltd, franchisee of Costa Coffee, to sell premium coffee at selected premium properties. "PVR INOX Ltd has entered into an arrangement with Devyani International Ltd on October 4, 2023, for introducing Costa Coffee's handcrafted hot and cold coffees at some of the Company properties," PVR Inox said in a regulatory filing.
05.10 / 14:57
UPS Citi Entertainment show reports 'Chicago Fire', 'Law & Order', 'FBI' release dates: What we know so far
FBI', and 'Chicago Fire' have returned. Wolf Entertainment announced on Wednesday, October 4 that writers have returned to work on these shows.
05.10 / 14:57
UPS Citi Target Southern President Shell country Support Russian strike on cafe kills 49 people as Ukraine's president Zelenskyy urges stronger Western support
Ukraine, one of the deadliest attacks in recent months that came as Ukrainian President Volodymyr Zelenskyy attended a summit of around 50 European leaders in Spain to drum up support from the country's allies. Zelenskyy denounced the attack on the store and cafe in the village of Hroza as a «demonstrably brutal Russian crime» and «a completely deliberate act of terrorism».
05.10 / 14:51
Citi Action Racing Cyberpunk Xbox 2020 Department Cyberpunk 2077 update 2.01 patch notes released for Xbox Series X and S, PC, PlayStation 5. Details here
Patch 2.01 is currently available on PC, PlayStation 5, and Xbox Series X and S. Among the improvements, players can now switch to arm cyberware while cycling through weapons, obsolete mods will no longer appear in their inventory, and the haunted Night City Police Department car that was previously roaming the streets has been removed. Cyberpunk 2077 had a tumultuous release in 2020 due to bugs and player dissatisfaction, but CD Projekt Red (CDPR), the game's developer, was determined to make amends. With the release of Cyberpunk 2077: Phantom Liberty and the subsequent 2.0 update, many issues were addressed, revitalizing the player base and the game's reputation, reflecting the developer's commitment. New players who joined the game for its improved gameplay and visuals have hailed it as one of the best action RPGs in recent memory. After a month of availability for update 2.0 and the Phantom Liberty expansion, CDPR has released the first hotfix, addressing various issues in both the base game and the DLC. Here are the patch notes for update 2.01. Phantom Liberty was launched on September 26, with Update 2.0 laying the groundwork a few days earlier. This update brought significant changes to Cyberpunk 2077, including a new perk system, improved AI, and resolution of an Elon Musk fan theory, a tribute to the late racing legend Ken Block, and intriguing additions to the game's largest mystery.
05.10 / 14:51
Citi BLOCK Reuters CEO JPMorgan economy Citi India sees $22 billion in equity capital deals in 2023, says CEO
India expects to see equity capital market deals worth $20-22.5 billion in 2023, amid strong local markets and a stable economy, the Wall Street bank's India chief executive said in an interview with Reuters. Last year, $19.4 billion was raised on India's equity capital markets, according to data from LSEG. «Initial public offerings have come back and you have seen a flurry of block deal activity given where markets are. Now we are starting to see institutional share sales as well,» said Ashu Khullar. Foreign portfolio investors have bought a net $11 billion in equity so far this year, according to India's National Securities Depository, helping to lift India's benchmark equity indexes to record highs.

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