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citygroup The company reported fourth-quarter results Wednesday that beat expectations as it earned more interest income than analysts expected and had less money set aside for troubled loans. Here’s what the company reported:Adjusted earnings: $1.81 per share vs. $1.67 expected, according to LSEG Adjusted earnings: $21 billion vs. $20.72 billion expectedCitigroup announced that net income decreased 13% year over year to $2.47 billion, or $1.19 per share, due to a $1.1 billion after-tax loss related to Citigroup’s planned sale of its Russian business.Earnings excluding costs were $3.6 billion, or $1.81 per share.Excluding Russia-related costs, sales increased 8% to $21 billion…
(L/R) U.S. Vice President J.D. Vance and Secretary of State Marco Rubio depart from the Eisenhower Executive Office Building on the White House campus after meeting with Danish Foreign Minister Lars Lökke Rasmussen and Greenlandic Foreign Minister Vivian Motzfeld in Washington, DC, January 14, 2026.Brendan Smialowski AFP | Getty ImagesAs President Donald Trump ramps up his rhetoric about controlling the Arctic, any attempt by the United States to seize Greenland by force would have “grave consequences” for the Western alliance and world order, former Icelandic president Olafur Ragnar Grimsson said. “The fallout will be the largest in memory,” Grimsson warned…
Canadian Prime Minister Mark Carney’s visit to China comes at a pivotal time in bilateral relations.Carney is the first Canadian leader to visit China since 2017, and is scheduled to meet with Chinese President Xi Jinping and Chinese Premier Li Qiang.Recommended stories list of 4 itemsend of listRelations between Canada and China have been in deep freeze since December 2018, when Canadian authorities arrested a key executive of Chinese telecommunications company Huawei while traveling at Vancouver International Airport.China has detained two Canadians in retaliation for the arrest of Meng Wanzhou at the request of US authorities.The relationship continues to face…
Martin O’Neill’s Celtic resurgence continued with an unconvincing but decisive 1-0 victory over stubborn Falkirk in the Scottish Premiership.Benjamin Nygren’s 10th league goal of the season was enough for the Hoops to secure victory, keeping them six points clear of leaders Hearts and level with old rivals Rangers. The Bairns made the most of their early chances but were unable to capitalize on their confident pressing play. Goalkeeper Kasper Schmeichel, who has been widely criticized this season, made a great save late on to deny Ethan Williams an equalizer and deny mistakes from defenders Auston Trusty and Liam Scales.Hearts’ win…
Sen. Elizabeth Warren (D-Mass.) sent a letter to Securities and Exchange Commission Chairman Paul Atkins this week asking how the agency plans to protect investors who hold cryptocurrencies in their retirement portfolios, citing the asset class’s “volatility, weak investor protections, and lack of transparency.””For most Americans, 401(k)s are not a playground of financial risk, but a lifeline to retirement security. Allowing cryptocurrencies in American retirement accounts creates fertile ground for workers and families to suffer significant losses,” Warren wrote.In August, President Donald Trump signed an executive order laying the groundwork for adding alternative assets, including cryptocurrencies, to workplace retirement accounts.…
China’s artificial intelligence chip sector has attracted significant investor interest following a series of successful initial public offerings. But analysts say that while these newly listed companies have led the market rally, they are not leading China’s efforts to reduce dependence on Nvidia. Instead, most analysts point out that tech giant Huawei and its top-secret chip division, HiSilicon, stand out among the domestic competition not just for its technological advances, but also for its size and its extensive supply chain. However, Huawei has no plans to go public. The company, best known for its smartphone and communications businesses, has long…
President Trump praised Venezuela’s acting president, Delcy Rodriguez, after their first telephone conversation since the abduction of President Nicolás Maduro by U.S. forces.Published January 15, 2026January 15, 2026Click here to share on social mediaShare 2shareVenezuela’s acting President Delcy Rodríguez has vowed to continue releasing prisoners held under President Nicolas Maduro’s regime and said her first phone call with President Donald Trump since the U.S. military’s abduction of President Maduro was positive.Maduro’s former vice president, Rodríguez, said on Wednesday that he had a long, productive and courteous telephone conversation with the U.S. president during which they discussed bilateral issues that benefit…
In the Premier League, goals from set pieces are on the rise.What’s behind the increased emphasis on dead-ball situations, and why do some teams excel while others struggle? This week’s ‘Between the Lines’ looks at one of the defining trends of the season as clubs battle for set-piece supremacy. A change of emphasis?The increase in set-piece goals other than penalties can also be seen in the numbers. This season, he averaged 0.8 games per game, up from 0.6 games in the previous term, and about 50% more than his average of 0.5 games per game in the 2020/21 season. The…
OpenAI announced Wednesday that it has reached a multi-year agreement with AI chip maker Cerebras. The company plans to provide 750 megawatts of computing to the AI giant from this year through 2028, Cerebras said. The deal is worth more than $10 billion, people with knowledge of the details told TechCrunch. Reuters also reported the size of the deal. The companies said the deal is aimed at providing faster output to OpenAI customers. OpenAI said in a blog post that these systems will speed up responses that currently take time to process. “Just like broadband transformed the internet, real-time inference…
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