The Latest Breaking News from Citi

UK inflation set to ‘enter the stratosphere’ and hit 18.6% by January as gas prices continue to surge

Dire new forecast says energy bills will reach £5,816 in April

The Independent UK · Aug 22, 2022

Cost-of-living crisis: Shock warning on 18% inflation

City experts’ fears over energy price surge and claim rates could hit 7%

Evening Standard · Aug 22, 2022

Inflation will hit 18.6 per cent in January, investment bank predicts

INVESTMENT bank Citi has predicted that UK inflation is on course to rise to 18.6 per cent in January – the highest peak in almost half a century.

The National (Scotland) · Aug 22, 2022

Four ways your TV subscriptions could change because of the cost of living crisis

UK households are cancelling streaming service subscriptions, citing the need to cut comforts to afford increasingly expensive necessities such as food and fuel.

The Conversation · Jul 27, 2022

Citi, ShopeePay team for top-up service

Citi Thailand has partnered with ShopeePay to launch a quick transfer service on the platform for convenient and secure payments.

Bangkok Post · Jul 14, 2022

Citi Downgrades Six Flags From Buy to Neutral. Should You Buy the Dip?

Shares of Six Flags Entertainment (SIX) have plunged significantly in price after Citi recently downgraded its shares, citing falling attendance due to rising inflation. So, would it be worth buying its shares at the current price level? Let’s find out.

StockNews.com · Jul 13, 2022

Where to earn the highest rates on your savings

The top 10 savings accounts offer a chance to earn decent returns on cash deposits – especially if you are happy to make the move to a new bank.

The New Daily · Jul 12, 2022

Citi joins Man Group and PineBridge as bullish on China stocks

The trickle of positive calls on Chinese equities has turned into a flood as a recent easing of coronavirus curbs and pledges of more stimulus help revive sentiment.

Bangkok Post · Jul 9, 2022

Citi Remains Unfazed By Enron Collapse Predictor's Bearishness On These Data Center Stocks

Citi analyst Michael Rollins noted data center stocks Equinix, Inc (NASDAQ:EQIX), Digital Realty Trust, Inc (NYSE:DLR), Cyxtera Technologies, Inc (NASDAQ:CYXT) were down an average of >5% on July 1 on reports (including Financial Times) that an investor is "betting against 'legacy' data centers that now face growing competition from the trio of tech giants that have been…

Benzinga · Jul 1, 2022

Citigroup Negotiating With Local Bidders For Its Russian Operations: FT

Citigroup Inc (NYSE:C) is in talks with local buyers in Russia over a potential sale of its operations in the country, the Financial Times reported, citing people familiar with the matter. The bank is in negotiations with privately-owned Russian companies, including Expobank and insurance company Reso-Garantia for the divestiture, the report said.…

Benzinga · Jul 1, 2022