Global Business Report: Barclays Slashes Dividend

The video covers several global business topics. Barclays reports a 56% drop in profits and outlines a new strategic focus under CEO Jess Staley. A potential bidding war is brewing for the London Stock Exchange, with Intercontinental Exchange and Deutsche Borse as key players. Greece faces challenges in its bailout negotiations, with disagreements over pension cuts and debt relief. Glencore experiences a significant financial downturn but plans to reduce debt through cost-cutting measures. Macau's casino industry shows signs of recovery despite a prolonged revenue slump.

What strategic focus did Barclays' new CEO, Jess Staley, announce?

• Expanding into Asian markets

• Diversifying into technology sectors

• Becoming a transatlantic bank focused on consumer and corporate business

• Investing heavily in African operations

Which two entities are involved in a potential bidding war for the London Stock Exchange?

• New York Stock Exchange and Tokyo Stock Exchange

• Barclays and HSBC

• Intercontinental Exchange and Deutsche Borse

• Glencore and Rio Tinto

What is the main issue causing delays in Greece's financial bailout?

• Greece's refusal to cut pensions

• Greece's insistence on additional debt relief

• All of the above

• Creditors demanding deeper pension cuts

What measures is Glencore taking to address its financial difficulties?

• Investing in new technology

• Reducing debt by cutting costs and selling assets

• Expanding mining operations

• Increasing dividend payouts

Despite a downturn, how does Macau's gambling revenue compare to Las Vegas?

• It is about the same as Las Vegas

• It is less than Las Vegas

• It is five times that of Las Vegas

• It is twice as much as Las Vegas