Group 1 - The bank anticipates growth driven by an increase in loan volume and higher income from fees and commissions [1] - The bank aims to diversify its income sources as central banks reduce interest rates [1]

Core Insights - The French drugmaker announced a share buyback program following an increase in sales and earnings for the fourth quarter [1] Group 1 - The company's sales and earnings for the fourth quarter showed a positive trend, indicating strong financial performance [1]

Core Insights - Nokia reported a significant increase in sales of its network infrastructure equipment driven by rising demand from artificial intelligence and data-center customers [1] Company Summary - The surge in demand for network infrastructure is attributed to the growing needs of artificial intelligence applications and data centers [1]

Group 1 - The core viewpoint is that growth in the investment bank and asset-management divisions has positively impacted the company's bottom line [1]

Core Viewpoint - The World Gold Council anticipates that lower interest rates, uncertainty in bond markets, and ongoing geopolitical risks will increase demand for gold this year [1] Group 1 - Lower interest rates are expected to contribute positively to gold demand [1] - Uncertainty in bond markets is likely to drive investors towards gold as a safe-haven asset [1] - Persistent geopolitical risks are anticipated to further bolster the appeal of gold among investors [1]

Core Insights - The business-software group achieved total revenue of €36.8 billion euros in 2025, reflecting an 11% increase at constant currencies [1] Financial Performance - Total revenue for the year 2025 was €36.8 billion euros [1] - The revenue growth rate was 11% when adjusted for constant currencies [1]

Core Viewpoint - Oil prices have surged due to escalating tensions regarding Iran, which is impacting equity markets and driving safe-haven assets to record levels [1] Group 1: Oil Market Impact - Fresh tensions over Iran have led to a significant increase in oil prices, indicating heightened geopolitical risks [1] - The rise in oil prices is contributing to volatility in equity markets, as investors react to the uncertainty [1] Group 2: Safe-Haven Assets - The current situation is fueling demand for safe-haven assets, which are reaching new highs as investors seek stability amid market fluctuations [1]

Core Viewpoint - The Fed chair's silence regarding his future on the board after his term as chair ends is a strategic move [1] Group 1 - The Fed chair has been asked four times about his plans to remain on the board after his term [1]

Core Insights - Many corporations that expanded their workforce during the pandemic are now reducing their employee count due to economic uncertainty and the rise of AI threats [1] Group 1: Corporate Actions - Companies are slimming down their labor force as a response to the current economic climate [1] - The trend of workforce reduction is driven by the need to adapt to potential challenges posed by AI technologies [1] Group 2: Economic Context - The economic uncertainty is prompting corporations to reassess their operational strategies, leading to workforce reductions [1] - The pandemic-induced hiring spree is being reversed as companies prioritize efficiency and cost management in light of new market conditions [1]

Core Viewpoint - Oil prices increased during the morning Asian session due to rising tensions surrounding Iran [1] Group 1 - The rise in oil prices is attributed to geopolitical concerns, particularly related to Iran [1]