Citi Financial News

03.08 / 17:21

UPS Citi Waters Highways Inside week dutch A car-carrying ship that burned for a week on the North Sea is towed to a Dutch port for salvaging

A freight ship carrying thousands of cars that burned for a week on the North Sea has been towed to a Dutch port for salvage

03.08 / 17:21

Citi country boost Saudi Arabia extends cut of 1 million barrels of oil a day through September, trying to boost prices

Saudi Arabia says it will extend its unilateral production cut of 1 million barrels of oil a day through the end of September in its effort to boost flagging energy prices

03.08 / 17:21

Citi Landmark Fighting Southern Shell country Russian shelling hits a landmark church in the Ukrainian city of Kherson

Russian shelling has damaged a landmark church in the southern Ukrainian city of Kherson that held the remains of Prince Grigory Potemkin until last year

03.08 / 16:51

UPS Citi Siemens Mobile Power Torrent Power enters e-mobility infrastructure space; sets up four charging stations in Gujarat

Torrent Power on Thursday said it has forayed into the electric mobility infrastructure segment with four charging stations in Gujarat. The first set of charging stations have been installed in Ahmedabad, Torrent Power said in a statement on Thursday.

03.08 / 16:51

UPS Citi BLOCK Waters Extreme Continental What caused the heaviest rainfall in 140 years in Beijing and northern China?

The storms, which have killed at least 20 people and led to the displacement of hundreds of thousands of residents, were the worst to hit China in over a decade, with Beijing experiencing its heaviest rainfall in 140 years. HOW SEVERE WAS THE RAINFALL? The amount of rainfall since Saturday has breached many local meteorological records. A reservoir in Beijing's Changping district logged a precipitation reading of 744.8mm (29.3 inches) between Saturday and Wednesday, the most in the city in over 140 years and far exceeding the previous record of 609mm set in 1891.

03.08 / 16:43

Citi Platform show performer stage concert singer Taylor Swift giving out ‘life changing’ ₹82 lakh bonus to each truck driver of Eras Tour: Report

Taylor Swift has reportedly given ‘life changing’ ₹82 lakh ($100,000) bonus to the truck drivers who worked on the full US leg of the Eras tour. The whopping amount was handed over to each truck driver by the otherwise generous American singer. According to a report by Rolling Stones, Taylor Swift has handed an ‘unprecedented and life changing’ bonus to each truck driver of concert transportation company Shomotion.

03.08 / 16:31

Citi CEO Strategy Adidas UBS rapper Adidas turnaround gathers pace as Yeezy boosts margins

By Helen Reid

03.08 / 16:23

Citi Fighting services CM Arvind Kejriwal accuses BJP of backstabbing people of Delhi after Lok Sabha passes services bill

Delhi Chief Minister Arvind Kejriwal on Thursday accused the BJP of backstabbing the people of the national capital after Lok Sabha passed a bill to replace an ordinance promulgated for handling the transfers and postings of senior officers in the city government. Kejriwal lashed out at the BJP and Prime Minister Narendra Modi, and urged people not to believe anything the PM says. «BJP always promised to give full statehood to Delhi.

03.08 / 16:11

UPS Citi Digital Citizens country Altman’s Worldcoin idea is out to reinvent the Aadhaar wheel

ChatGPT and its ilk have made that test redundant—it is quite easy for a machine to convince you that it is human by giving very human sounding answers. This new test treads into biology: To certify that you are a genuine human being, you need to go to an Orb, which is a biometric verification device, and get your iris scanned. Currently, Orbs in 25 cities across 20 countries are scanning human eyes and giving them Worldcoin for their trouble.

03.08 / 15:23

UPS Citi Cooper Progressive Fighting show country coup Niger coup leaders blamed insecurity; conflict data paints a different picture

By Edward McAllister

03.08 / 13:45

Citi Target MET Airlines Qualcomm Commentary 2024 analyst 4 big analyst cuts: Qualcomm slashed on 'soft commentary' and 2024 headwinds

Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Qualcomm, Roku, Cambium Networks, and Southwest Airlines.

03.08 / 12:47

UPS Citi Provident country Sunrun jumps on 'solid' Q2 release

Sunrun (NASDAQ:RUN) shares are up over 8% premarket Thursday after topping second-quarter consensus earnings expectations.

03.08 / 12:37

Citi CEO JPMorgan Platform HSBC performer What banks are actually saying about hiring and firing in 2023

Are things on the mend? When Goldman Sachs announced its second quarter results last month, it said it no new'unusual' job cuts were planned. HSBC reiterated this week that its grand cost-cutting program ended in 2022. Brian Bissonette, an ex-director at Merrill Lynch who now works for M&A execution platform Dealcloud, is letting it be known that his banking clients are saying their layoffs are over.

03.08 / 12:37

UPS Citi Lowe's Man Gap analyst Morning Coffee: Tragic death of 27-year-old Goldman Sachs analyst. The Bank of America trading desks that have doubled in size and are still growing

The normally irrepressible <a href=«https://twitter.com/HighyieldHarry/status/1686462929254658049?ref_src=» https: style=«color:#0563c1; text-decoration:underline»>finance meme accounts interrupted their stream of humour yesterday, as the terrible news came through that John Castic’s body had been found in Newtown Creek, half a mile away from the Brooklyn Mirage nightclub where he was last seen. Castic seems to have been a follower of most of the big meme accounts, and apparently occasionally interacted with some of them. In other words, a completely normal twentysomething banker from New York.

03.08 / 12:37

Citi Target Man Southern Subway 13 injured in South Korea when a man rams a car onto a sidewalk, stabs pedestrians

South Korea on Thursday when a man rammed a car onto a sidewalk and then stepped out of the vehicle and began stabbing people near a subway station in the city of Seongnam. Yoon Sung-hyun, an official from the southern Gyeonggi provincial police department, said at least nine people were stabbed and four others were injured by the vehicle.

03.08 / 12:29

Citi PayPal Airlines Moderna Clorox Qualcomm Albemarle Stocks making the biggest moves premarket: Qualcomm, Moderna, PayPal and more

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03.08 / 11:53

Blockchain Citi Provident Digital Platform HashKey services Crypto Platform HashKey Becomes First Licensed Exchange in Hong Kong to Offer Retail Services

Crypto exchange HashKey has become the first digital asset entity to receive a license under Hong Kong’s new crypto licensing regime.

03.08 / 11:49

UPS Citi CEO Assurant DAL beautiful Lal Chowk's iconic Clock Tower gets facelift

Clock Tower, popularly known as Ghanta Ghar, at Srinagar's historic Lal Chowk is getting a major makeover under the Srinagar Smart City Project. Locals feel the refurbished city square, named after the iconic Red Square in Moscow, will add to the city's hang out options. The business community of Lal Chowk claims it has suffered immensely over the past seven months due to the maintenance work, yet hopes in the end it will be all worth the trouble.

03.08 / 11:23

Citi Citizens Inside Sikh UK Sikh MP Dhesi stopped at Amritsar airport for 2 hours

Tanmanjeet Singh Dhesi was allegedly stopped for around two hours by immigration officials after he landed at the Shri Guru Ramdas ji International Airport here on Thursday, police sources said. Though there was no official word about stopping the MP, the sources said the Labour MP from Slough was not carrying his Overseas Citizen of India (OCI) card.

03.08 / 11:17

COST Citi Provident Citizens Manufacturing Action Future How to address the current and future challenges in housing sector

Rapid urbanization and migration have been driving the growth of cities in India, attracting people with the promise of better employment, living standards, educational facilities, and infrastructure. While this trend has brought numerous benefits, such as an increase in the skilled workforce and technological advancements, the negative impact of migration and urbanisation cannot be ignored. The housing shortage in our cities has reached alarming levels, necessitating urgent action and futuristic planning to address the issue.

03.08 / 11:17

UPS Citi Align Metro Southern electronic South India’s first inter-state Metro: Feasibility study to be conducted for extension of Bengaluru Metro to Tamil Nadu – Details here

South India’s first inter-state Metro project between Karnataka and Tamil Nadu have moved up in pace. The Chennai Metro Rail Limited (CMRL) on August 1 floated a tender for the preparation of a feasibility study for the first inter-state metro project in the Southern India.

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