Citi Financial News

09.08 / 16:54

Citi Target Mexico shutters 23 pharmacies at Caribbean coast resorts after US warned of dangerous pill sales

Mexico has closed 23 pharmacies at Caribbean coast resorts, six months after a research report warned that drug stores in Mexico were offering foreigners pills they passed off as Oxycodone, Percocet, and Adderall

09.08 / 16:54

Citi Action Chase Parke US judge to hear legal battle over Nevada mustang roundup where 31 wild horses have died

A legal battle over the U.S. government’s deadly capture of thousands of wild horses in Nevada is getting a hard look from a federal judge in Reno

09.08 / 16:53

COST Citi FIVE Corning Inside businesses Local businesses in northern Nigeria feel the sting of regional sanctions against neighboring Niger

A decision by a bloc of West African nations to shut down their borders with Niger as a way of sanctioning its coup plotters is harming local businesses in northern Nigeria, where a cross-border economy has boomed for years

09.08 / 16:53

Citi Waters CEO Southern Celebrity track Campbell is buying Rao’s. Fans are worried, but the soup maker says it won't touch the sauce

Campbell Soup is set to buy Sovos Brands, the maker of Rao’s pasta sauces

09.08 / 16:53

UPS Citi BLOCK Apache dance Hip-hop was born in the Bronx amid poverty, despair. 50 years later, there's pride, still hard times

Hip-hop was born in the Bronx, rising from the ashes of a borough ablaze with poverty, urban decay and gang violence

09.08 / 16:53

Citi Waters Southern Actor country consequences rights Iraq water crisis could have regional consequences, UN human rights chief warns

The United Nations’ human rights chief has warned that Iraq’s water crisis could affect other countries in the region

09.08 / 16:23

Citi Entertainment Flushing stage star social Dates, Coffee and Camels—Saudi Arabia’s Sovereign-Wealth Fund Bets Big at Home

Public Investment Fund is accelerating spending at home, often on obscure startups and projects that it plans to own and operate. Last month, PIF said it would start selling milk from camels and dates grown in the region around the holy city of Medina. Before that, it launched a halal meats exporter and a company aiming to make Saudi coffee globally popular.

09.08 / 16:17

Citi Sula Vineyards Q1 results: Profit rises 24.4% at ₹13.68 crore

₹13.68 crore ($1.65 million) compared with ₹11 crore a year earlier. The owner of the Dindori and Rasa wine brands, reported a 21% rise in revenue from operations to ₹117 crore, with its Own Brands segment, comprising premium wine brands, accounting for about 89% of the topline.

09.08 / 15:25

UPS Citi Provident Booking Metro awards acquires UK’s Malhotra group acquires 300-acre in Ludhiana through NCLT

Malhotra Group PLC, UK- based company, which has business interests in property, care home and leisure across UK, has acquired a stuck project in Punjab’s Ludhiana for around Rs 150 crore. The 300-acre project by Emerald Lands (India) Private Limited was under insolvency process and the National Company Law Tribunal (NCLT) has approved the resolution plan of Malhotra Group PLC after committee of creditors voted in their favour. The company will invest close to Rs 1,200-1,500 crore through FDI in developing the township which include a hotel, health farm, school, golf course and villas and apartments.

09.08 / 15:01

COST UPS Citi FIVE RBC show Posthaste: Housing market faces 'bumpy' road amid high interest rates, RBC says

The Bank of Canada’s latest interest rate hikes appear to have put the brakes on the housing market rebound in many cities and the road ahead for further recovery is expected to be rocky, say economists at the Royal Bank of Canada.

09.08 / 14:07

UPS Citi FIVE Pool Metro star Merlin Group Launches Serenia - the Tallest Residential Address on B T Road

Experience a life with limitless freedom and solitude in nature’s bounty! Then look no further than Serenia – The towering residential masterpiece, from the House of Merlin.“North Kolkata exudes an old world charm with its winding lanes, century old buildings alongside traditional box like houses with shared walls. We at Merlin, with decades of experience in crafting architectural masterpieces, are all set to redefine the concept quality living in this part of the city of Joy. Our residential project would break the confines of homogenous environment with a feel of boundlessness and unhindered solitude.

09.08 / 13:35

Citi FIVE Fighting GBP Premier League play Harry Maguire transfer: Manchester United defender to play for West Ham in Premier League? Details here

Harry Maguire and Southampton’s midfielder James Ward Prowse. Each deal is thought to be worth about GBP 30 million.

09.08 / 13:23

Citi Lowe's Target show Latin Mexico's inflation rate slows for sixth straight month

MEXICO CITY (Reuters) — Mexico saw its annual inflation rate slow for the sixth consecutive month in July to 4.79%, data from statistics agency INEGI showed on Wednesday, continuing a downward trend spurred by a long cycle of interest rate hikes.

09.08 / 13:23

Citi Provident Starbucks country exclusive Latin Clara moves headquarters to Brazil as 'payment institution' license secured

By Gabriel Araujo

09.08 / 13:05

COST UPS Citi Now, Stray cows in Ahmrabad to have a dedicated Rs 6-crore crematorium for dignified farewell

cows in the city with a dignified farewell through their very own crematorium, where their carcasses will be efficiently disposed of using a clean and effective CNG furnace. Initiated by a group of BJP councillors and officials from the Ahmedabad Municipal Corporation (AMC), the project aims to tackle the current challenge of disposing of deceased cows, which often end up in the Pirana landfill. However, the innovative proposal for a cow crematorium has sparked a debate among officials, with some suggesting that it should be reconsidered, a TOI report stated.

09.08 / 12:03

UPS Citi Provident FIVE Digital Strategy New York State to Debut First Cybersecurity Strategy

The state of New York will debut its first cybersecurity strategy, including plans to modernize government networks, provide digital defenses at the county level and regulate critical infrastructure. The strategy, which Gov. Kathy Hochul is expected to announce today, comes as an array of cyberattacks have battered New York, with the state’s Division of Homeland Security and Emergency Services responding to 57 cyber incidents in 2022.

09.08 / 10:41

Citi Man Waters Killing Man arrested for destroying bird nests, killing 24 younglings in Mysuru

Mysuru has been arrested for allegedly destroying the nests of two bird species and causing the demise of 24 fledglings. The individual, identified as Ravi, has now been placed in judicial custody following his arrest.

09.08 / 10:41

Citi FIVE Manufacturing Tata Realty buys 1.02 lakh sq metre land in Bengaluru from Graphite India for Rs 986 cr

Tata Realty and Infrastructure Ltd (TRIL) has bought over 1.02 lakh square metres of land in Bengaluru from Graphite India Ltd for Rs 986 crore. In a regulatory filing earlier this week, Graphite India said that a committee of directors approved a proposal to sell 1,02,349.33 square metres of land in Bengaluru for an aggregate consideration of Rs 986.13 crore to TRIL's two subsidiaries TRIL Bengaluru Real Estate Five Ltd and TRIL Bengaluru Real Estate Six Ltd. The land has been sold, along with the structures standing thereon having an aggregate built-up area of 12,674 square feet, the filing said.

09.08 / 08:37

UPS Citi Manufacturing Strategy Remark country Maruti Suzuki True Value achieves 50 lakh pre-owned cars sold milestone

Maruti Suzuki India announced a significant achievement on Wednesday as its pre-owned car segment surpassed the remarkable milestone of 50 lakh units sold since its inception. The company first introduced its pre-owned car brand, Maruti Suzuki True Value, back in 2001. Marking 22 successful years in the industry, Maruti Suzuki True Value has solidified its position as India's most trusted pre-owned car brand, garnering the loyalty of 50 lakh delighted customers, according to a statement by Shashank Srivastava, Senior Executive Officer of Marketing & Sales at Maruti Suzuki India Ltd (MSIL).

09.08 / 08:23

COST UPS Citi Rust More Chinese graduates return to hometowns in depressed economy - state media

BEIJING (Reuters) — Almost half of Chinese undergraduates returned to their hometowns last year within six months of graduation, state media reported, with the proportion rising to 47% from 43% in 2018 amid a sagging job market.

09.08 / 08:23

UPS Citi Lowe's Target performer country Italy banks stocks regain ground as cap set on windfall tax

ROME (Reuters) -Italian banking stocks rose in early trade, regaining some of the ground lost after the government late on Tuesday announced a cap on a windfall tax for the country's lenders.

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