UBS sees scope for further upside in nitrogen pricing and earnings, with the current industry disruption more severe than what is reflected in gas and nitrogen pricing at present.
Barclays is turning to artificial intelligence to power the next phase of its turnaround, as the bank targets around £2 billion of cost savings and commits to returning more than £15 billion of surplus capital to shareholders by the end of 2028. C.S. Venkatakrishnan, the chief executive, widely known as Venkat, said the bank would pursue about £2 billion of gross efficiency savings over the next three years, alongside increased investment in technology, including AI, to improve productivity and customer experience.
