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Barclays CEO C.S. Venkatakrishnan discusses fourth quarter results that beat earnings expectations, helped by a strong performance by its traders. The UK lender said it will return at least £15 billion ($20.5 billion) to shareholders through 2028 as it continues to work through a long-term plan to slash costs and improve profitability. Speaking on Bloomberg Television, Venkatakrishnan also comments on the use of AI in the financial industry. (Source: Bloomberg)
South African private equity firm Harith General Partners plans to acquire budget carrier FlySafair as the investor with $3 billion in assets expands its transport portfolio on the continent.
Alphabet Inc. is selling Swiss franc-denominated bonds for the first time, following a bumper $20 billion deal in the US.
Prime Minister Modi inquired about Sharad Pawar's health after the NCP leader was hospitalised with a chest infection. The 85-year-old is recovering well, with normal vital signs and no ICU requirement. Further treatment decisions will depend on medical reports.
Congress moves no-confidence motion against Lok Sabha Speaker Om Birla
Japan’s government bonds gained after Prime Minister Sanae Takaichi’s historic election triumph fueled confidence among investors that increased fiscal spending can be digested by the market.