Citi Financial News

19.12 / 10:21

UPS Citi BLOCK security wellness President Nippon-US steel executives are running out of time to save $14 billion deal

Subscribe to enjoy similar stories. GARY, Ind.—In a meeting room facing U.S. Steel’s century-old plant, Takahiro Mori offered his vision for the plant’s next chapter under a new owner.

19.12 / 09:35

COST UPS Citi Software Metro Freedom Bengaluru woman techie after shifting to London finds 'happiness comes at a cost'

Indian software engineer, Sayani B, shared that relocating from Bengaluru to London has made her generally happier, despite London’s high cost of living. Posting on X, she sparked a lively debate about the advantages and challenges of living in India versus abroad. Sayani revealed that although she couldn’t pinpoint a specific reason, her overall sense of happiness had increased since moving to London a few months ago. “I’ve been living in London for a couple of months now, and I’m generally happier. I can’t exactly say why, but it’s an overarching feeling,” she tweeted. Commenters on her post shared their thoughts on why she might feel happier abroad.

19.12 / 09:35

markets Citi Digital Manufacturing Software Experts show India's job market projected to grow 9% in 2025

Hiring in November grew 10% from a year earlier and 3% from the previous month. The momentum, according to Foundit, will continue into next year. Emerging technologies and evolving business priorities will shape India’s job market in 2025. Innovations such as edge computing, quantum applications and cybersecurity advancements are set to transform industries like manufacturing, healthcare and IT, while the rise of retail media networks and AI-driven workforce analytics will reshape talent needs in ecommerce, HR and digital services. Organisations will look for professionals skilled in digital marketing, ad management and HR analytics, its survey has found.

19.12 / 06:13

Citi Provident Man Waters Software Photos reports CNN says its report on a freed Syrian prisoner is not what it initially believed

A report by CNN's Clarissa Ward about a freed Syrian prisoner provided some dramatic scenes, but the network has since found that it apparently wasn't all that it appeared

19.12 / 06:13

UPS Citi Photos reports Courts Investigations Friend of Alexander real estate brothers surrenders in sexual assault case

A friend of brothers who are prominent in luxury real estate in Florida and New York and are charged with sex trafficking and assault has surrendered to face an allegation that he helped two of them rape a woman nearly a decade ago

19.12 / 05:17

markets Citi Waters Software Experts DAL Kashmir reels under intense cold conditions; Srinagar experiences coldest night

Wednesday night was the coldest of the season so far in the city, and the night temperature was 4 degrees below the normal for this part of the season. They said the intense cold conditions led to the freezing of the fringes of several water bodies, including the famous Dal Lake here, while water supply lines in many areas of the city here and elsewhere in the valley were also frozen due to the biting cold.

19.12 / 04:07

markets Citi Strategy Analysis Research Trade performer NRI Talk: GIFT City AIFs - A game-changer for NRIs investing in Indian markets, says Rajesh Cheruvu

“GIFT City AIF is an efficient way for international investors to access the Indian markets. It takes away the need to open an account in India as investors can invest directly in US dollars in a GIFT fund, that in turn invests into the Indian markets,” says Rajesh Cheruvu – MD and CIO, LGT Wealth India. In an interview with ETMarkets, Cheruvu said: “NRIs could look at rental yield and Infra yield funds offered by various AIFs in India, these funds offer steady cash flows on maturity these funds tend to sell assets into InvIT or ReITs,” Edited excerpts:

18.12 / 20:11

markets Citi Digital Software beautiful travelers Destinations Top 10 Best Places to Visit During Christmas for Festive Magic

Lapland which is located in Finland can be a winter wonderland which eventually offers an unforgettable experience. In this location, the travelers can embark on reindeer sleigh rides, visit Santa Claus Village and then witness the breathtaking Northern Lights in a truly magical setting. Vienna located in Austria is another must-visit destination during the Christmas. The city is famous for its enchanting Christmas markets, classical concerts and festive lights.

18.12 / 17:51

markets UPS Citi Digital awards trends Schools CATL says it has co-developed 10 new EV models with swappable batteries

CATL said on Wednesday it had co-developed 10 new electric vehicle models with automakers that use swappable batteries, as the Chinese battery giant seeks to lead a trend it says will replace a third of gasoline stations in China. Yang Jun, CEO of CATL's battery swapping brand EVOGO, said it would roll out the first EV that uses its so-called «choco-swap» battery this month, with the remaining to be launched in upcoming months. CATL will also look to build 1,000 battery swapping stations next year and to accelerate this further by enlisting partners to build more stations, he added.

18.12 / 13:55

markets UPS Citi JPMorgan wellness Healthcare Late year rush to hire junior bankers ahead of expected deal recovery in 2025

In case you hadn’t heard, 2025 is shaping up to be a good year for investment bankers. It’s not just rhetoric, either – they’re putting their money where their mouth is and hiring in anticipation of it, too.

18.12 / 13:55

markets UPS Citi BLOCK Pool Trade reports Citi bankers are wondering about the $45m loss and their bonuses

If you're going to make a $45m loss on a block trade, December is probably not the time to do it. It's unfortunate, then, that this is what has occurred at Citi.

18.12 / 13:55

markets UPS Citi ETF Trade electronic Bank of America gave its big Citi hire its critical credit job

Fresh from promoting Brian Carosielli as global head of credit trading, Bank of America has made some new changes to its credit business. It hasn't hired any new traders. It has given its existing big credit traders some even bigger jobs.

18.12 / 10:45

Citi Target security Analysis Trade Experts Awfis Space Solutions shares poised for 44% growth, target price raised to Rs 1,049: ICICI Securities

Awfis Space Solutions’ unique business model, domestic brokerage firm ICICI Securities has reiterated its ‘buy’ call on the stock with a revised target price of Rs 1,049 (up from Rs 979), indicating an upside potential of 44%. “Awfis has a unique business model. While the company does not act as a land aggregator or landlord of office spaces, it focuses on providing services to its clients on demand side and also partners with space owners/landlords on supply side. With Awfis being the first co-working/flexible workspace company in India, there is also limited scope for comparison with industry peers. Hence, we believe Awfis is more comparable to listed hotel peers,” said ICICI in its note.

18.12 / 10:29

Citi Platform Analysis Trade Universities country reports Zepto founders top Hurun list of youngest self-made entrepreneurs

Quick commerce major Zepto’s 21-year-old co-founder Kaivalya Vohra is now India's youngest self-made entrepreneur, according to Hurun India. Vohra is closely followed by his founding partner Aadit Palicha, who is 22 years old. Zepto, established in 2021, has witnessed an astonishing 259% growth in valuation over the past year, reaching Rs 41,800 crore, Hurun said. The Mumbai-based company, co-founded by Stanford University computer science dropouts Vohra and Palicha, has quickly risen to prominence as India’s quick-commerce leader, offering 10-minute grocery deliveries in major cities across the country.

18.12 / 06:41

markets UPS Citi Software Schools Delhi air pollution: National capital records worst AQI in a month

Delhi worsened on Tuesday as the air quality index rose to 433 in the 'severe category', with a toxic haze blanketing the city. It was the worst air quality in almost a month — a higher AQI than this was last recorded on November 19 at 460. The air quality is likely to stay similar on Wednesday, but might improve to 'very poor' category on Thursday. The air quality is likely to stay severe on Wednesday, but it may improve to very poor on Thursday.

18.12 / 00:31

Citi Amazon investing another $10 billion in Ohio-based data centers

Amazon Web Services will invest another $10 billion to bolster its data center infrastructure in Ohio

18.12 / 00:31

Citi CEO Southern Cycling Auburn Stellantis pledges invest $2.1M in Italian production in 2025 during government talks

The Stellantis automaker has pledged to invest 2 billion euros or $2.1 billion in Italian production next year and spend another 6 billion euros or $6.3 billion in the supply chain

17.12 / 20:01

markets COST UPS Citi pandemic Posthaste: Buyers' markets disappear as Canada's home sales heat up

Normally when the days get colder, the housing market goes into hibernation, but apparently not this year.

17.12 / 17:51

COST Citi Parke community students Latin Schools Opposition growing in Boston over plan to renovate historic stadium for women's professional soccer

Boston is planning to renovate a crumbling stadium in one of the city's most diverse neighborhood for its new professional women's soccer team

17.12 / 17:51

Citi MET security Nov Courts International Woman who stowed away on flight to Paris arrested again in Buffalo

A Russian woman who was arrested after she stowed away on a flight from New York City to Paris last month has been arrested again in Buffalo

17.12 / 16:35

markets Citi Software Experts Department International Bengaluru weather: Brace for the coldest night in over a decade, temperature may drop to 1o°C

Bengaluru is set to experience its coldest December night in over a decade this week, with temperatures predicted to drop to 10°C, breaking an over a decade-old record. The India Meteorological Department (IMD) forecasts that this temperature could be the lowest since 2010, surpassing the city's previous coldest December night in 2011.

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