Citi Financial News

05.12 / 13:25
Citi Gap Death trends Photos show Tech millionaire, who wants to live forever reveals: How Delhi hotels are 'selling clean air as a service'
Delhi deals with one of its worst air quality crises, five-star hotels in the capital have begun offering clean air as a premium service, highlighting the severity of the city's pollution. This November, Delhi recorded unprecedented levels of air toxicity, with the Air Quality Index (AQI) staying in the “Very Poor” category every day, peaking at “Severe” and even “Severe Plus” levels on several occasions.
05.12 / 12:41
Citi BLOCK CEO security Parke Department Investigations Police hunt for the gunman who killed UnitedHealthcare's boss in Manhattan
Investigators are searching for clues that could help them identify the masked gunman who killed the leader of one of the largest U.S. health insurance companies on a Manhattan sidewalk, then disappeared into Central Park
05.12 / 12:41
markets Citi wellness President poker Sporting Legislators propose 15% to 25% tax rate for new states adopting internet gambling
Lawmakers from states with legalized gambling are proposing standards for other states that are considering allowing internet betting
05.12 / 11:59
markets Citi CEO Software reports Investigations Killer of UnitedHealthcare CEO Brian Thompson left cryptic message on bullet, bought coffee from Starbucks: Report
UnitedHealthcare CEO Brian Thompson allegedly left a cryptic message engraved on the bullet used to murder him, according to a report by the New York Post. The masked gunman, who fatally ambushed Thompson on a Manhattan sidewalk, disappeared into Central Park and remains at large. The 50-year-old executive was killed early Wednesday morning while walking to the company’s annual investor conference at a Midtown Hilton hotel, located near prominent landmarks like Radio City Music Hall and the Museum of Modern Art. Sources cited by the New York Post claimed that the words “deny,” “depose,” and “defend” were engraved on live rounds and shell casings left behind. Police recovered three live 9-millimeter rounds and three discharged casings from the crime scene.
05.12 / 11:59
markets Citi Platform Software Metro Experts beautiful Myntra brings quick delivery to online fashion, launches 30-minute service
Myntra, India’s largest online lifestyle and fashion retailer, has joined the quick-commerce bandwagon, launching a 30-minute delivery service called M-Now in Bengaluru that it plans to expand to cities like Mumbai, New Delhi and Pune in the coming months. Myntra is entering the segment with an extensive assortment — about 10,000 stock-keeping units (SKUs) to start with — compared with a limited number of lifestyle and fashion products like regular t-shirts and innerwear offered on quick-delivery platforms such as Blinkit, Zepto and Swiggy Instamart. It started a pilot project last month and the service is now live in some areas of Bengaluru. M-Now will deliver fashion and beauty products and accessories within 30 minutes using dark stores, or micro warehouses, run by third parties as well as retail stores of fashion brands, Myntra chief executive Nandita Sinha told ET.
05.12 / 10:47
markets UPS Citi Software awards PAM reports Avg housing prices up in 23 major tier II cities; rates fall in 5 small towns: PropEquity
real estate data analytic firm PropEquity, Jaipur saw the maximum 65 per cent rise in weighted average prices to Rs 6,979 per square feet in the housing projects launched during January-September this year. In the last calendar year, the average rates in Jaipur stood at Rs 4,240 per square feet. Samir Jasuja, Founder & CEO of PropEquity said, "Tier II cities have seen renewed interest from developers, corporates, financial institutions and investor community." The cheap availability of land in these cities followed by the massive development of connectivity infrastructure and strong demand has led to an increased supply of premium and luxury housing, he added.
05.12 / 09:59
markets Citi Digital Mobile Software Pinnacle Sporting Riteish, Genelia Deshmukh acquire World Pickleball League's Pune team
World Pickleball League (WPBL) has officially introduced Pune United, a new franchise team representing the city of Pune. The team’s ownership comprises Bollywood stars Riteish and Genelia Deshmukh, alongside corporate leaders Sudhir and Sunanda Mehta of EKA Mobility and Pinnacle Industries, and Ajeenkya D Y Patil and Pooja Patil of Ajeenkya DY Patil University. Riteish Deshmukh said, “Pickleball is the fastest-growing sport in the world. Its craze and popularity are unmatched amongst all ages. We are excited to be part of the World Pickleball League which will surely take pickleball to newer heights across India. Our endeavor at Pune United is to champion a team that will inspire players to give their best and couples, families, and communities to come together and embrace this wonderful game and lead healthier and fitter lives.” Genelia Deshmukh added, “Pune United is serving up a storm. We are excited to be part of the World Pickleball League. Pickleball has the power to unite, inspire, and transform. Our mission at Pune United is simple: to ignite a love for Pickleball that goes beyond the court. We're committed to fostering a culture of camaraderie, wellness, and fun that will enrich the lives of our players, families, and community.”
05.12 / 09:59
markets Citi Manufacturing Gap Software Metro show 70% of loan requests by MSMEs are to meet immediate financial needs: Paisabazaar
immediate financial needs. These range from working capital expenses, purchasing raw materials and consolidating debt. Consumers suggested that they need working capital to cover salaries and rent, pay utility bills, vendors and suppliers, and to manage routine day-to-day operations. The report by Paisabazaar shows that less than 30% of businesses applied for loans on future growth initiatives like marketing, brand building, upgrading machinery, or acquiring additional office space for expansion. The study revealed that nearly 45% of business loan applications were driven by the need for working capital expenses, highlighting the persistent liquidity challenges and short term cash flow gaps faced, especially by small businesses, in managing their day-to-day operations.
05.12 / 07:31
markets Citi Software Experts PAM Features Destinations European towns that spell magic during Christmas
From Austria’s Vienna to Sweden’s Gothenburg, a CNN travel report lists European towns and cities that revel in Christmas like no other place.
05.12 / 07:31
markets UPS Citi Digital CEO Software Struggling with jet lags? Age-reversing CEO Bryan Johnson shares some tips that might help you
Bryan Johnson, an American entrepreneur renowned for his anti-ageing endeavours, is currently on a six-day trip to India. From meeting the Ambanis to Bollywood celebrities like Sonam Kapoor, Bryan has shared his numerous experiences- not to forget how he felt the severity of air pollution in Mumbai soon after he landed in the city for an event held in collaboration with Zomato CEO Deepinder Goyal. He attended an intimate gathering at Soho House, where he met Deepinder Goyal and comedian Tanmay Bhat, engaging with a crowd of 50 for a candid conversation. Known for his groundbreaking 'Blueprint project' aimed at reversing ageing, the US tech billionaire is making waves during his visit to India. Johnson has been travelling across time zones which can often lead to jet lags. But the US software engineer has devised a comprehensive strategy to combat it. ALSO READ: Tech millionaire Bryan Johnson's India visit sparks buzz. What’s his link to Poonam Pandey?
05.12 / 06:55
UPS Citi Man Trade Updates Investigations ‘We will find you’: Head of Blood Family Mafia tops Canada’s most wanted list
A Quebec man who police allege is the head of the street gang Blood Family Mafia is now the latest fugitive to Canada’s Top 25 most wanted list.
05.12 / 00:07
Citi Bill President Mexico's Senate votes to charge cruise ship passengers $42 per head for port calls
Mexico's Senate has voted to charge cruise ship passengers $42 per head for port calls, drawing sharp criticism from the tourism industry
05.12 / 00:07
Citi Provident Waters Bill reports Meta to build $10 billion AI data center in Louisiana as Elon Musk expands his Tennessee AI facility
Facebook’s parent company Meta says it will build a $10 billion artificial intelligence data center in northeast Louisiana
05.12 / 00:07
UPS Citi Target CEO Parke UnitedHealth Key things to know about the fatal attack on the UnitedHealthcare CEO in NYC
The chief executive of UnitedHealthcare, one of the nation’s largest insurers, was killed in midtown Manhattan in what police described as a targeted attack by a shooter outside a hotel where the company was holding a conference
04.12 / 19:25
Citi CEO Strategy Software Healthcare Experts reports Who was United Healthcare CEO Brian Thompson who was shot dead outside New York City hotel
United Healthcare CEO Brian Thompson was shot dead outside a New York City hotel on Wednesday morning, something that has sent shockwaves across the city, and put the entire region's administration on high alert. There is reportedly an ongoing manhunt, with a widespread search for those responsible for this shootout that took away the life of a leading businessman heading one of the most prominent healthcare organizations in the city, according to a Yahoo News report.
04.12 / 17:07
Citi FIVE Reuters Food President Hess information Cargill layoffs not expected to impact Canadian union jobs: UFCW
Cargill’s plans to slash thousands of jobs across its global workforce are not expected to impact front-line, unionized positions in Canada, according to the union representing the bulk of the food giant’s Canadian workers.
04.12 / 16:35
Citi Target CEO shooting hospital Videos Investigations UnitedHealthcare's CEO is shot and killed outside a New York City hotel, AP source says
UnitedHealthcare CEO Brian Thompson has been fatally shot outside a hotel in midtown Manhattan
04.12 / 16:35
COST UPS Citi Mexico raises its minimum wage by 12%, but it marks no increase in dollar terms
Mexico has decided to increase its still strikingly low daily minimum wage by 12% next year
04.12 / 15:19
markets Citi Provident wellness Healthcare country testing Genomic testing players like RIL's Strand eye tier-2, 3 markets as demand grows
Subscribe to enjoy similar stories. The genomic testing market in India, still at a nascent stage, is poised for big growth in the coming years as demand increases on the back of changing disease patterns, more awareness, and falling prices. Companies like Strand Life Sciences, a subsidiary of Reliance Industries Ltd, and MedGenome are increasing their footprint through organic and inorganic routes, with a focus on the smaller cities and towns.
04.12 / 14:27
Citi Target Aware Career students information testing Allen Career Institute lays off staff amid declining student enrolments
Subscribe to enjoy similar stories. Kota-based Allen Career Institute, a prominent coaching centre that prepares students for medical and engineering entrance tests, has started retrenching faculty members and administrative staff as enrolments decline, people aware of the development said. The institute, which runs classroom coaching in more than 60 cities in India, has laid off more than 200 employees, and more are expected to be shown the door.

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