Citi Financial News

Assailants have fired a dozen gunshots at a building housing the newspaper El Debate in the embattled northern state of Sinaloa

The Czech capital has moved to ban organized pub crawls

Kudlow panelists Kevin Hassett and David Malpass discuss former President Trumps pro-growth economic package.

Speaking at the annual City dinner on Thursday (17 October) at Mansion House, Rathi said the FCA is now adopting the «same rigorous standards» but with «more efficiency».  He told City moguls: «We recognise that the jury is out on whether the FCA is helping to achieve growth», but assured them that firms are increasingly positive on the watchdog's delivery on consumer protection and market integrity.  As part of the regulator's shift towards digitisation, a method to «make it easier to share data and ease regulatory burdens», Rathi claimed that investigation times are falling to as lo...

A Vietnamese real estate tycoon has been convicted of fraudulently obtaining property worth billions of dollars and sentenced to life in prison in a case that has been a centerpiece of the government’s crackdown on corruption

Internet gambling in New Jersey set a new record in September with the casinos and their partners winning over $208 million from online gamblers

Dozens of farmers in Iowa, Minnesota and Wisconsin are scrambling to feed their flocks after a struggling organic broiler chicken producer abruptly closed a year after getting a $39 million federal loan

Authorities have since last month unveiled a raft of measures to kickstart sluggish consumption and address a prolonged and debilitating debt crisis in the country's colossal property sector. After a blistering market rally fuelled by hopes for a long-awaited «bazooka stimulus», optimism has tapered as authorities refrained from providing a specific figure for the bailout or detailing any of the pledges.

The Penguin promise escalating tensions between Oswald Cobblepot, known as Penguin, and Sofia Falcone. As Gotham's criminal landscape shifts, both characters aim to dominate the city's underworld.

Bangalore International Airport Limited (BIAL) to introduce electric vertical take-off and landing (eVTOL) aircraft for urban mobility. The electric flying taxis are expected to cut down travel time and reduce vehicular pollution in Bengaluru, a city often plagued by long traffic delays, especially during the rainy season.

Mumbai city has recorded 5,199 property registrations during this period between October 3 and 11, showing a 13.2% year-on-year growth as against the performance in Navratri 2023, showed data from Inspector General of Registration (IGR) and Controller of Stamps, Maharashtra. The state exchequer collected a total revenue of Rs 502 crore in just 8 working days from these registrations as against around Rs 430 crore a year ago. Additionally, the daily average property registrations rate increased to 578 units this Navratri from 510 units in last year’s Navratri.

logistics sector is poised for a significant transformation and evolving supply chains are expected to drive a projected demand for around 1.2 billion sq ft of warehouse space by 2027 spanning across Grade A, B, and C facilities in cities across the country, showed a JLL India and Miebach Consulting, India study. This growth is not only about quantity but also quality, with a significant shift towards Grade A warehousing, where stock is expected to rise from 290 million sq ft in 2023 to 400 million sq ft by 2027. E-commerce, Third-Party Logistics (3PL), and omni-channel retail are emerging as the primary drivers of this warehousing boom, particularly for high-quality Grade A spaces. However, the landscape of growth is changing. While major cities have traditionally dominated the warehousing sector, tier II and III cities are now emerging as the next frontier. The study reveals a striking 41% increase in warehouse space absorption in Tier II plus markets from 2022 to 2023,

climate change, a rapid analysis by a team of leading scientists said on Thursday. The analysis by World Weather Attribution (WWA) also underscored the urgent need for Nepal to limit development in low-lying, riverside areas of Nepali cities to prevent and protect people from future floods. WWA is a collaboration of international scientists that analyses and communicates the possible influence of climate change on extreme weather events, such as storms, extreme rainfall, heat waves, and droughts. The floods in Nepal followed three days of extreme rainfall starting September 26. As records were broken across central and eastern Nepal, with some weather stations recording more than 320 mm on September 28, massive floods and landslides claimed at least 244 lives and caused a heavy loss to the country.

LTTS) shares will be in focus on Thursday following the company's report of a marginal 2% increase in its consolidated net profit, reaching Rs 320 crore for the quarter ended September 2024, up from Rs 315 crore a year ago. In the same reporting period, revenue from operations rose by 8% year-on-year (YoY) to Rs 2,573 crore, compared to Rs 2,386 crore in the previous year.

Subscribe to enjoy similar stories. Singapore's Temasek Holdings Pte. Ltd has signed an agreement to buy 17-18% in Blackstone Inc.-backed VFS Global Services Pvt.

Five airlines are poised to win permission for new new long-haul flights to Ronald Reagan Washington National Airport

The Supreme Court has allowed a Biden administration rule aimed at limiting planet-warming pollution from coal-fired power plants to remain in place as legal challenges play out

Vodafone Idea (Vi), boosted by equity funding, is set to start rolling out next generation (5G) commercial services by March 2025 across 17 circles, starting with Delhi and Mumbai, and is aiming to reach at least 90% of India's population with 4G coverage by June next year, said its chief technology officer Jagbir Singh. «We are going a little slow (wih 5G), but we will be doing 5G in Delhi and Mumbai first, and of course, all metros and major cities across 17 states (circles),» he told ET. Vi, as part of a revival plan, has raised equity funding of ₹24,000 crore including ₹18,000 crore from a follow-on public offer. The telecom operator has said that the bulk of the funds will be used to beef up 4G coverage and roll out 5G as it strives to become more competitive against rivals Reliance Jio and Bharti Airtel and stop the decline in the number of subscribers.

Brihanmumbai Municipal Corporation (BMC) on Wednesday announced a 5-10 per cent water cut across Mumbai from October 17 to October 18 citing a glitch in a valve on a pipeline in Thane district. A BMC release said that a 900-mm valve of the Vaitarna pipeline at Tarali in the neighbouring district has malfunctioned, necessitating the partial shutdown of the water supply system. It is expected to be fixed in about 48 hours, said the civic body. «Consequently, there has been a 5 per cent to 10 per cent reduction in the supply to the Bhandup Water Treatment Plant, which supplies water to Greater Mumbai,» the release said, justifying the water cut in the city from Thursday to Friday. Water to Mumbai city and suburbs is primarily sourced from the Vaitarna dam.

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