The Latest Breaking News on Citi

Key Takeaways: Atour could become the biggest U.S. IPO by a Chinese firm in more than a year with its latest listing application to raise more than $300 million

US expresses disappointment in move that could spur an increase in oil prices, which had dropped in recent months.

US stocks just posted a rare streak of quarterly declines and are in a bear market, but Citigroup Inc. quantitative strategists say they’re only just starting to reflect the risks of a recession.

OPEC+ agreed steep oil production cuts on Wednesday, curbing supply in an already tight market, causing one of its biggest clashes with the West as the U.S. administration called the surprise decision shortsighted.

Citigroup Inc analysts informed that shares of Credit Suisse Group AG are now falling in ‘buy for the brave’ category ahead of its strategic plan to be unveiled at the end of October

Oil prices retreated slightly on Thursday after gaining more than $3 in the prior session, with a strong dollar capping oil demand from buyers using other currencies and concerns over the faltering economic outlook clouding market sentiment. Brent crude futures fell 41 cents, or 0.5%, to $88.91 per barrel by…

‘What the Government needs to do now is recall Parliament and abandon this budget’

Shop prices rose by 5.7% in September, up from 5.1% in August. Food price inflation soared past last month's 9.3% to 10.6%, driven by the war in Ukraine which is pushing up prices

London (AFP) - The Bank of England hiked its interest rate again on Thursday to combat soaring inflation as it warned that the UK's economy had already slipped into recession.

The country's top bank chiefs endorsed U.S. Federal Reserve rate hikes as a means to tame soaring inflation, while acknowledging there will be pain ahead, when appearing before Congress during a wide-ranging and mostly sedate hearing on Wednesday.

Citigroup aims to boost global representation of women in assistant vice president (AVP) to managing director (MD) levels to 43.5% in 2025 from the current 40.6%.