British bank Barclays posts 2024 pretax profit hike, launches £1 billion share buyback

Key Points

British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback.
Pretax profit rose by 24% to £8.108 billion in 2024, just above analyst expectations of £8.081 billion, according to LSEG.

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Finance

Pony.ai wins first permit for fully driverless taxi operation in the center of China’s Silicon Valley

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Key Points In the latest step towards building a revenue-generating robotaxi business, Chinese startup Pony.ai said it has obtained the first permit to charge fares for fully driverless taxis in core parts of a business district of Shenzhen. The permit allows Pony.ai to charge fares for rides — without any human staff inside — from […]

Finance

Stocks making the biggest moves midday: General Motors, Petco, GameStop, Alibaba, Cava and more

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Finance

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