Citi Financial News
31.08 / 09:55
Citi
Action
Forrester
performer
Executive
Fortescue Metals CFO quits, the 11th executive to leave in three years
Fortescue Metals has lost its chief financial officer, Christine Morris, just two months after she was appointed to the key position at the clean energy and iron ore group chaired by billionaire Andrew Forrest.
31.08 / 09:49
UPS
Citi
Provident
Waters
MP cabinet approves to give domestic gas cylinder at Rs 450 in Sawan month
During this, the council of ministers have taken various important decisions. After the meeting, state home minister Narottam Mishra briefed about the decisions taken by the council of ministers. Mishra said, «The council of ministers approved to provide the domestic gas cylinder at the rate of Rs 450 in the Sawan month.
31.08 / 09:49
UPS
Citi
Provident
performer
cover
12 best-selling sneakers for men under 1000 to step up your style
With a focus on both aesthetics and comfort, each pair ensures a comfortable fit for your everyday activities. Whether you're heading to the gym, going for a casual outing, or simply seeking versatile footwear, these sneakers for men under 1000 have got you covered. Step into a world of versatile footwear that not only enhances your look but also fits comfortably within your budget.
31.08 / 09:49
Blockchain
Ethereum
Citi
Reuters
ETF
Strategy
Bitcoin
Hong Kong Crypto
'Altcoins' central to Hong Kong crypto firm Hashkey's first liquid fund
Hashkey Capital will invest a significant part of its assets in second-tier cryptocurrencies, with a goal of outperforming market leader Bitcoin, its portfolio manager said. The fund, run by the investment arm of Hong Kong crypto giant Hashkey Group, launches on Friday. It has already secured potential clients, mainly high-net-worth individuals and investment firms serving rich Asian families, Jupiter Zheng told Reuters. Less than 50% of its investments will be in Bitcoin and Ethereum, the two biggest crypto currencies.
31.08 / 08:27
Citi
Platform
Strategy
Metro
INVESTING COMMUNITY THRIVING IN TIER 2/3/4 CITIES: We Founder Circle taps investors in smaller towns
We Founder Circle, a platform for angel investors, is wooing high networth individuals (HNIs) from the smaller towns of India into its fold. The community, with 6500 investors last year, has grown to 10,000-plus investors in 2023 indicating that startups continue to be a viable asset class despite the prolonged funding winter worldwide.
31.08 / 08:05
Citi
Booking
Strategy
Austal parts ways with US boss after sinking to loss
Austal’s head of its US operations has left the business after it lost $171 million on one of its US Navy contracts, tipping the shipbuilder to an annual loss.
31.08 / 07:39
UPS
Citi
Provident
Platform
show
performer
Indic Inc lines up employee benefits, rewards for festive season
rewards and benefits to their employees for the upcoming festive season, which includes a combination of increased earnings, bonuses and incentives, employee discounts, performance based appreciation and gifts, according to a survey by hiring platform Indeed. However, when it comes to certain perks, job seekers and employers are not entirely on the same page, shows the survey conducted among over 1,000 employers and about 2,600 job seekers. While festive rewards and gifts are preferred by 16% of the job seekers, only 9% employers are offering these, revealed the survey conducted by ValuVox between April-June on behalf of Indeed. Similarly, performance-based appreciation is of priority for 14% of job seekers, but only 8% employers feel the same. “This mismatch can likely be attributed to the fact that employers are providing increased earnings and incentives which they believe compensate for additional gifts or merit-based rewards,” according to the survey findings. The survey also shows that employers anticipate an 18% surge in hiring activity for the upcoming festive season. About 69% of employers are looking to hire temporary workers, while 20% are set to hire gig workers, which include freelancers, consultants, and independent contractors to manage the upcoming workload during the festive season.
31.08 / 06:23
Citi
Provident
Google
Platform
track
fun
Google announces 'Made By Google' Event on October 4: Pixel 8 Series and Pixel Watch 2 expected
Made by Google event where we'll introduce the latest additions to our Pixel portfolio of devices." The event is scheduled to commence at 10 AM ET / 7 AM PT (7:30 PM IST) and will take place in New York City. For those unable to attend in person, the event will be accessible globally through online platforms such as the Google Store and the Made by Google YouTube channel, where a live stream of the event will be available. The focal point of the event is anticipated to be the Google Pixel 8 series, encompassing the Pixel 8 and the Pixel 8 Pro.
31.08 / 06:23
UPS
Citi
Provident
Microsoft
Google
Apple
Countdown begins! Google sets October 4 as Pixel 8 line-up release date, Watch 2 also expected to debut
Google is gearing up to unveil its highly anticipated Pixel 8 lineup on October 4. The announcement event, scheduled for 10 a.m. ET in the bustling city of New York, will introduce the latest additions to the company's Pixel line-up of devices. This invitation-only event is expected to provide a first glimpse into the Pixel 8 and Pixel 8 Pro, the latest iterations in Google's smartphone series. Google will be live-streaming the event on YouTube The buzz surrounding the Pixel 8 has been building, especially after a recent accidental (or perhaps not so accidental) leak of the Pixel 8 Pro. Coincidentally, Apple's annual September event is also in the spotlight, where the iPhone 15 line-up is expected to launch.
31.08 / 05:53
UPS
Citi
Lowe's
Silver
Gold and silver prices for today—August 31. Check latest rates in your city
₹59,490 per 10 gm on Multi Commodity Exchange (MCX), and went on to hit an intraday high of 59,520, and a low of ₹59,420 in the domestic market. Around 10 a.m., MCX Gold for October 5 delivery traded 0.05 per cent lower at ₹59447 per 10 grams. Gold price on Thursday, August 31 stood at ₹54850 per 10 grams for 22 carats, and ₹59820 per 10 grams for 24-carat in the spot market.
31.08 / 05:53
Citi
Provident
Aware
Platform
Strategy
performer
country
Indian
Exploring the Lucrative Prospects of Real Estate Crowdfunding for Indian Investors
Mumbai (Maharashtra) [India], August 29: As the investment landscape continues to evolve, Indian investors are seeking new avenues to diversify their portfolios and capitalize on emerging opportunities. In this pursuit, real estate crowdfunding has emerged as a dynamic and potentially lucrative investment avenue.
31.08 / 05:23
Citi
A fire kills 15 in a Philippine factory, where rains and a wrong address delayed firefighters
A fire has killed 15 people in a small apparel factory in a Philippine residential area, where flooding, traffic and a wrong address delayed firefighters
31.08 / 04:27
UPS
Citi
Target
Yellow
DXY
Indian
Gold Prices
Gold Rate Today: Gold prices in India flat amid steady greenback. Check price of yellow metal in Delhi, Ahmedabad, and other Indian cities
yellow metal has been moving with strength riding on slippages in the DXY which has gone below the 104 mark. The MCX October gold futures were trading up by Rs 12 or 0.02% from the Wednesday closing price at Rs 59,490 per 10 gram on the MCX while the December Silver futures were trading at Rs 76,100 per kg, lower by Rs 180 or 0.24%. On the Comex, Gold futures were trading at $1,972.70 per troy ounce on Thursday, down by $0.30 or 0.02% while Silver futures were trading at $24.985, lower by $0.119 or 0.470%. The DXY was trading flat at 103.03 against a basket of six top currencies, though the bias was negative. The October Gold futures had ended with gains of Rs 200 or 0.34% per 10 gram at Rs 59,466 while the December Silver futures closed higher at Rs 76,222, down by Rs 218 per kg or 0.29%. «Gold's value has stayed high for three weeks because the latest US economic data indicates slower growth. This led traders to reduce their expectations of the Federal Reserve raising interest rates next month.
31.08 / 03:39
COST
UPS
Citi
Provident
Manufacturing
country
Customers
Government incentives and cost-conscious customers lead to electric vehicle boom in India
India is one of the fastest growing electric vehicle markets in the world, and more than 90% of India’s 2.3 million EVs are the cheaper and more popular two- or three-wheelers — that’s motorbikes, scooters and rickshaws
31.08 / 03:39
UPS
Citi
Target
Progressive
FLEX
Texas judge rules as unconstitutional a law that erodes city regulations in favor of state control
In a major win for progressive Texas cities, a district judge in Texas on Wednesday ruled that a controversial new state law targeting local regulations is unconstitutional
31.08 / 03:39
UPS
Citi
Provident
FIVE
Manufacturing
Southern
Trans
This trans woman was begging on India’s streets. A donated electric rickshaw changed her life
If you hail a rickshaw in the Indian city of Bengaluru, your driver might just be a 38-year-old transgender woman named Preethi
31.08 / 03:39
UPS
Citi
Provident
Manufacturing
Airlines
Actor
Deal
end
Locomotive manufacturer, union reach tentative deal to end 2-month strike
The country’s largest locomotive manufacturer and its striking union workers have reached a tentative agreement that could end a two-month strike that saw about 1,400 people walk off the job at its Pennsylvania plant
31.08 / 03:25
Citi
Manufacturing
MSCI
Nikkei
show
country
Asian shares set for worst month since Feb on China gloom
Asian shares were set for the worst month since February, with sentiment hurt by still-gloomy China factory activity, while investors were also cautious ahead of a barrage of U.S. data that could add to bets that interest rates have peaked. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.1% but was still headed for a monthly loss of 5.9%, the largest since February.
31.08 / 01:57
Citi
Remark
Indian
Canada attracts over 15,000 Indian tech professionals in just 12 months
ANI reported citing Khalsa Vox is an online digest that brings the latest in Punjab politics, history, culture, heritage and more. Also Read: Canada minister expresses concern on 'integrity' of student immigration, says ‘some people are gaming the system’ Mississauga and Montreal are the two Canadian cities that stand out as the prime beneficiaries of this influx of global tech talent. Mississauga which boasts a robust community of nearly 1,000 IT firms and an impressive workforce of over 300,000 tech experts, has become a hub for tech innovation.
31.08 / 01:37
UPS
Citi
Progressive
Waters
Hurricane
Hurricane Idalia tears into Florida, Georgia and South Carolina; winds of up to 205 kmph: ‘All hell broke loose’
Hurricane Idalia made a devastating impact on Florida, Georgia and South Carolina, leaving a trail of destruction in its wake. With winds likened to a high-speed train, the storm uprooted trees, tore off roofs and transformed vehicles into makeshift boats. Belond Thomas of Perry, a paper mill worker, described the chaos to the Associated Press: "All hell broke loose." Idalia's Category 3 force struck Keaton Beach, Florida, at 7:45 AM, packing sustained winds of up to 205 kmph.
31.08 / 01:37
Citi
FIVE
Action
Trump
'Prevented nuclear war,' claims Donald Trump in transcript of April testimony
real estate business and his presidential tenure. During a private questioning in April, he asserted that his company has abundant funds and argued that he prevented a nuclear war, thereby saving countless lives.
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