Citi Financial News

15.08 / 12:29

Citi Target Fitch performer Citi expects Abercrombie & Fitch to post a 'big beat'

Citi analysts lifted the price target on Abercrombie & Fitch (NYSE:ANF) to $45 from $33, maintaining a Neutral rating on the stock in a note to clients Tuesday.

15.08 / 12:19

UPS Citi Highways Celebrity country Himachal Pradesh rain death toll climbs to 55, IMD issues 'red' alert for parts of HP and Uttarakhand | 10 points

Himachal Pradesh, the death toll due to rains in the past two days has climbed to 55. The landslides, flash floods, and cloudbursts are leading to serious losses of lives, damages to properties, and displacement of people. 1.

15.08 / 12:01

Citi Waters Highways Subway Warning Vast swath of northeastern China threatened by flooding as rivers rise above warning levels

northeastern China is threatened by flooding as at least 90 rivers have risen above warning levels and 24 have already overflowed their banks, state media reported Tuesday. Crews are standing by to defend homes and farmland across the Songliao Basin north of Beijing, which encompasses more than 1.2 million square km (482,200 square miles). The area includes parts of four provinces and several major cities with a total population of almost 100 million.

15.08 / 11:33

COST Citi Digital Platform social Unacademy elevates Sumit Jain to cofounder status

Edtech unicorn, Unacademy has elevated Sumit Jain, who leads the company's Graphy division to partner or cofounder status, group chief executive Gaurav Munjal announced on Tuesday. According to Munjal, “partner at Unacademy is like a cofounder who joined at a later stage”. “I have some news to share.

15.08 / 11:13

Citi Provident Citizens Career CEO Citigroup SVB private wealth SageView founder to become chairman as private wealth leader joins as CEO

SageView Advisory Group has announced some leadership changes that see founder Randy Long appointed as chairman of the board and John Longley joining the firm as CEO.

15.08 / 09:47

Citi After tomatoes, humble banana may pinch your pocket; Prices cross Rs 100 in Bengaluru

banana is registering price hike. The prices of bananas have rise to Rs 100 per kg in Bengaluru. The surge in its price is attributed to fluctuations in supply and demand.

15.08 / 09:23

Citi SUN What is zero shadow day? Unique celestial event set to grace Bengaluru on August 18

report for LiveMint, astrophysicist Debiprosad Duari noted that “Any form of the visible light falling on an object generally produces a shadow, unless it is exactly above the object. People and any object, all around the world, living between the Tropic of Cancer and Tropic of Capricorn ( 23.5 and -23.5 degrees latitude) lose their shadows, though momentarily, twice a year.

15.08 / 08:43

Citi Align Parke BTS social Leases Ft Tata Trent leases 1,13,000 sq ft warehousing space in Vapi, Gujarat from Arete Group

Tata Trent has leased 1.13 lakh sq ft of warehousing space at Galaxy Hubco, a warehousing project in Talwada, near Vapi, Gujarat by Arete Group, a business conglomerate based in Gujarat. Situated with convenient access to NH-48, the facility ensures seamless connectivity for logistics operations. With ample clear eaves height, businesses can efficiently utilize vertical storage.

15.08 / 08:43

UPS Citi FIVE Southern love MON Scent of luxury: India's jasmine infuses global perfume

Jasmine only issues its powerful scent when it blooms at night, and pickers must select only the ones yet to open. «We know which one to pick,» said Malarkodi, who gave only one name, as she snapped her fingers carefully to pluck the buds, tucking into her hair a few flowers that had already bloomed. «There is no use of these… but I like the smell,» she said.

15.08 / 08:17

UPS Citi Provident Dreams country Govt to soon launch scheme for those who want to own house in cities, says PM Modi

Narendra Modi on Tuesday said the government will soon launch a scheme to provide relief in interest of bank loans to those dreaming of their own house in cities. Addressing the nation on the 77th Independence Day, Modi said his government will soon launch the scheme for middle-class families who live in cities but do not own a house. The prime minister said that poor people living in cities without a house face difficulties.

15.08 / 07:07

Citi Digital Progressive show cover Tianjin, China, Says It Has Processed $1.76bn Worth of Digital Yuan – CBDC Progressing?

The Chinese city of Tianjin says residents and businesses transacted a cumulative total of over $1.76bn worth of CBDC since it joined the digital yuan pilot in 2022.

15.08 / 05:29

UPS Citi Platform Enterprise SENSEX beautiful week Grab independence day Independence Day Sale! 107 stocks down up to 84% from 52-week highs; should you grab any?

As many as 107 stocks in the BSE 500 index are trading atleast 20% down from their 52-week highs. Eight stocks have corrected more than 50% from their respective 52-week highs, and three of the biggest losers in this list are Adani Group firms — Adani Green Energy, Adani Energy Solutions, and Adani Total Gas. These stocks were down 62-84% from their 52-week highs.

15.08 / 05:15

UPS Citi Provident Extreme country social Indonesian protesters begin hunger strike as bill to protect domestic workers stalls in parliament

Indonesian domestic workers and activists have begun a hunger strike to protest against the parliament's delay in passing a bill to protect domestic workers

15.08 / 05:15

Citi Booking Fox CEO CBS show Executive Wendy McMahon and Ingrid Ciprian-Matthews take lead news executive roles at CBS

CBS has appointed Wendy McMahon to a new top role supervising CBS News, its local stations and syndicated programming

15.08 / 05:15

UPS Citi BLOCK Celebrity Inside pop NYC outdoor dining sheds were a celebrated pandemic-era innovation. Now, there's a new set of rules

Outdoor dining was a rare part of the pandemic that many people actually liked

15.08 / 04:21

Citi CEO Platform country expansion Titan Eye+ to focus on calibrated growth, puts expansion plans on hold till fourth quarter

Zefr, CEO Saumen Bhaumik told ET that the eyewear arm of the Bengaluru-headquartered Titan Industries, is likely to focus on growth after the fourth quarter this fiscal. “We have opened 300 independent outlets in the last two years, and we’ve crossed Rs 1000 crore turnover as a consumer priced top line…it is time for us to sort of get our energy back in making every single outlet count in terms of performance,” he said. The eyewear division, which had planned to get to at least 1000 stores by the end of 2022 has 920 stores across the country and one in Dubai.

15.08 / 04:21

UPS Citi FIVE Remark Fulton 2020 Trump 4th criminal brought against Donald Trump, indicted in Georgia over 2020 election meddling

Donald Trump and 18 allies were indicted in Georgia on Monday, accused of scheming to illegally overturn his 2020 election loss in the state. It's the fourth criminal case to be brought against the former president and the second this month to allege that he tried to subvert the results of the vote.

15.08 / 03:53

UPS Citi Assurant Dreams Celebrity country independence day Independence Day 2023: PM Modi says 'demography, democracy, diversity have potential to realise all dreams' of India

Also read: Independence Day 2023 Highlights: Government buildings across India deck up in tri-colour lighting Regarding the situation in Manipur, PM Modi conveyed that India stood with the people of the state. He mentioned that the recent days had been peaceful and assured that the Central government would continue working for both the nation's and the state's welfare.

15.08 / 03:31

UPS Citi Lowe's Nov country Dollar firm, yuan slides after China unexpectedly cuts rates

China's central bank unexpectedly cut key policy rates for a second time in three months on Tuesday to shore up the country's sputtering economy. The yuan weakened as far as 7.3115 per dollar for the first time since Nov. 4 in offshore trading, before bouncing back as major state-owned banks were seen selling dollars to support the local currency.

15.08 / 03:13

Citi Citizens Dreams Celebrity performer country reform independence day Independence Day 2023: ‘Perform, reform, and transform', says PM Modi

Narendra Modi addressed the nation and said that the nation speaks for perform, reform and transform as people formed the new government in 2019. “As nation formed a new government in 2019, PM Modi found the courage to reform. Today, the nation's speaks for perform, reform and transform," said PM Modi at Red Fort.

15.08 / 02:59

Citi Digital country Mumbai NOT independence day Independence Day 2023: PM Modi praises India's digital prowess, says ‘Digital India not limited to Delhi, Mumbai..’

G20 Summit in Bali, developed countries of the world wanted to know the intricacies of the Digital India success story. He said that digital innovation in India is not limited to the top cities of the country like Delhi, Mumbai or Chennai but has reached the youth even in Tier-2 and Tier-3 cities.

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