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Added on the 20/09/2016 16:30:36 - Copyright : Reuters EN
On Tuesday, global stocks jumped after Donald Trump authorized President-elect Joe Biden's presidential transition process to begin. On Monday, Trump took a significant step toward acknowledging the election result. However, Business Insider reports, he is still convinced he and his allies can continue to contest the outcome. Another key factor driving the boost is Biden's planned nomination for former Federal Reserve chair Janet Yellen as Treasury Secretary. AstraZeneca's vaccine is helping drive oil prices to their highest levels since March.
On Thursday, US banking regulators fined Citigroup $400 million. Business Insider reports the fine are for "longstanding failure" to fix its data and risk management systems. Under the order, Citigroup is mandated to seek regulatory approval before making any significant acquisitions. The enforcement against the bank was declared by the Office of the Comptroller of the Currency and the Federal Reserve. Citibank allegedly fell short of taking "prompt and effective actions to correct practices" in its risk management and internal controls. Thursday's fine is the second penalty slapped on Citigroup in recent weeks.
Brie Larson is very proud that she was able to complete intense weight lifting sessions for her role as the titular hero in 'Captain Marvel'.
Although Katy Perry was slightly nervous before chopping off her hair - she felt like a "powerful strong woman".
Kate Upton has topped Maxim's annual Hot 100 list and views the accolade as a "reward" for the "hard work" she puts into herself.
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