Citi Financial News

Leela Palaces, Hotels and Resorts has once again been recognized among the top 3 World's Best Hotel Brands by the readers of Travel+Leisure USA. Voted the World's #1 Hotel brand in 2020 and 2021, the brand has once again won top accolades, ranking #3 in the Top Hotel Brand in Travel+Leisure World's Best Awards Survey 2023.The Leela Palace Udaipur has also been featured in the 100 Best Hotels in the World and in the 5 Favourite Resorts in India while The Leela Palace New Delhi has been included in the 3 Best City Hotels in India and the 15 Best City Hotels in Asia.

Sports tournaments provide an opportunity to witness thrilling athletic performances and then present an excellent reason to explore the vibrant city that the tournament is organised in. From August till December 2023, here are exciting sporting events that are set to take place across the globe. Check out this curated list of the best international destinations that Indian sports enthusiasts can visit to experience the electrifying atmosphere of sports tournaments from August to December 2023.

Home to restaurants from some of the world's most well-known chefs and acclaimed eclectic local concepts, Dubai has distinctly carved a place on the culinary capital map over the years. The Gulf city is the 36th destination to be covered by the prestigious Michelin Guide and a total of 90 restaurants are included in the 2023 edition of the Michelin Guide Dubai, which includes 14 Michelin Star restaurants.

Mykolaiv, the local governor said early Thursday. «Russians hit the city centre. A garage and a 3-story residential building are on fire,» governor Vitaliy Kim wrote on Telegram.

World Cup game after a gunman killed two people at a downtown construction site in Auckland, roughly 12 hours ahead of co-host New Zealand's match against Norway. Norway's team hotel was located within a short distance of the shooting, which occurred in the tourist area of the city near the harbor ferry terminal. Norway captain Maren Mjelde said teammates were awakened by a helicopter hovering outside the hotel.

Chinese business travelers will be able to buy air tickets using the digital yuan, as the nation’s central bank digital currency (CBDC) pilot takes flight.

Maharashtra will remain closed on Thursday due to heavy rainfall. Raigad District Collector Yogesh Mhase and Chandrapur District Collector Vinay Gowda have each declared a holiday for educational institutions in their respective districts to ensure safety during the heavy rains. As reported by ANI, “Raigad District Collector Yogesh Mhase has declared a holiday for all schools and colleges in the district today in view of heavy rains.

AFP further reported. In response, the Russian defence ministry stated that any ships travelling to Ukrainian ports in the Black Sea would be treated as possible carriers of military cargo. Furthermore, the flag states of these vessels would be considered as taking part in the Ukrainian conflict on the side of the Kyiv regime.

Abu Dhabi has been able to attract prominent UK firms in recent years, and tax benefits are not the only reason, according to its financial centre's chief of market development Arvind Ramamurthy.

A tornado has heavily damaged a large Pfizer pharmaceutical plant in North Carolina — the latest in a string of extreme weather events to plague the U.S. Floods also deluged communities in Kentucky and scorching heat smothered Phoenix and Miami yet aga...

A tornado has heavily damaged a large Pfizer pharmaceutical plant in North Carolina

The State Department says it's imposing sanctions on two former Salvadoran presidents and dozens of other officials and judges in Central America

Authorities in South Africa say a suspected underground gas explosion during Johannesburg’s evening rush hour ripped open roads and flipped more than 20 cars in South Africa’s biggest city

Marijuana can legally be sold at festivals and other events in New York under a measure approved by state regulators

United Airlines is reporting a profit of more than $1 billion for the first part of the peak summer travel season

MUMBAI : Healthtech platform Pristyn Care has suspended Rahul Narang and Saurabh Arora, the founders of Lybrate Inc., a day after the duo served a default notice demanding outstanding payment resulting from Pristyn Care’s acquisition of their company in June 2022, two people aware of the development said on condition of anonymity. Tiger Global-backed Pristyn Care, which runs a network of hospitals and clinics through partners, had acquired Lybrate to enter the primary-care segment. While the deal size was not disclosed, it was said to be $20-30 million, including payments to other investors of Lybrate, such as Nexus Venture Partners, Tiger Global Management, and Ratan Tata’s RNT Associates.

The Victorian government is locked in a “delicate” negotiation in London over breaking the Commonwealth Games contract, which could cost as much as $2 billion, according to the state opposition and legal experts.

GreenTech Research President and CEO Hilary Kramer and ‘The Cow Guy’ Scott Shellady discuss the Fed likely not cutting rates in 2023 or 2024, the 1Q GDP performing higher than expected and the market’s reaction. 

IATSE) is holding a vote on whether the 1,500 people on a so-called pink contract should go on strike. The move has been taken after the talks between Disney Theatrical Productions and Broadway League came to an end without a conclusion. If the majority votes for the strike, 1500 people working in 45 theatrical shows with 28 productions on Broadway and 17 on Tour will join the strike, bringing the filming job to a standstill. The IATSE has said that if the deal is not struck, these workers will begin the strike on Friday. To go for a strike, the unions must get at least 75 percent yes votes, but it doesn’t mean necessarily going on the strike. The negotiations may take palace and the majority vote may be a ploy to warn and show strength for a better bargain. The pink workers are generally employed directly by the production houses and either they work out of the city or go on a tour. They are covered under IATSE Local One. Talking to journalists, IATSE International President Matthew D. Loeb said that the pink workers need to show unity and strength to ensure they get better wages and the working conditions that they deserve. The previous contract came into effect on July 1, 2019, and it ceased to exist on July 2, 2023. The first negotiation was held on May 25, when the two sides sat, talked, and held negotiations for 19 hours. Some progress was made in the negotiations, particularly on the issues of healthcare and housing for the touring workers. But wage hikes and the daily and weekly rest periods are some of the sticking points. A spokesperson for the Broadway League, an association of producers and managers, refused to comment.

Gautam Adani said he intends to not only transform Mumbai's Dharavi into a modern city centre but also preserve and promote the local micro enterprises and small industries. The Adani Group has recently been awarded the ambitious project to redevelop 645 acres of Dharavi — one of Asia's largest urban slum clusters in the heart of Mumbai city.

As the wider brokerage industry figures out how to cut real estate costs in a work-from-home era, one firm, Charles Schwab Corp., said Tuesday it was closing offices in five cities because employees in those locations are now working from home.