Bank boss sorry after describing workers as ‘lower value human capital’
The boss of Standard Chartered has apologised after describing employees whose jobs are vulnerable to being replaced by Artificial Intelligence (AI) as “lower value human capital”. Discussing how automation was likely to lead to thousands of job cuts at the bank at a recent conference, Bill Winters said it wasn’t
Alberta to hold referendum on whether to remain in Canada
Alberta will hold a referendum on whether the province should remain in Canada or move ahead with a second binding vote on separation, marking the first significant test of the country’s unity in decades. Thursday’s announcement by Premier Danielle Smith comes after a citizen-led petition calling for separation gathered more
Rubio says Cuba is threat to US as Havana accuses him of ‘lies’
Cuba poses a “national security threat” to the US and the likelihood of a peaceful agreement is “not high”, US Secretary of State Marco Rubio has said. His comments come just a day after the US charged Cuba’s former president Raúl Castro with murder over the 1996 downing of two
Portugal’s Ronaldo set for record sixth World Cup
Cristiano Ronaldo is set to play in a record sixth World Cup after being selected in Portugal’s squad for this summer’s tournament. The 41-year-old forward, who holds the men’s record for all-time international appearances (226) and goals (143), is one of six players to have played in five World Cups.
Junior school pupil treated for meningitis in fourth Reading case
A junior school pupil is being treated for meningitis in Reading, the UK Health Security Agency (UKHSA) has said. The Westwood Farm Junior School pupil is the fourth young person to contract the infection, with all four linked to the same wider social network, the UKHSA said. Last week, Lewis
Swinney defends food prices policy ahead of first minister vote
SNP leader John Swinney has denied his food prices policy is an attempt to force a fight with the UK government. He said people were “struggling to afford a very basic shop” and that he had a “public health responsibility” to provide an affordable nutritious diet. Under the SNP manifesto pledge,
Bodies of missing Italian divers found in Maldives
The Italians were found inside a 60-metre-deep (197ft) cave in Vaavu Atoll by a joint team of highly trained Finnish and Maldivian divers, the officials said. The body of a fifth Italian diver, a member of the group, had already been recovered shortly after Thursday’s accident. A Maldivian rescue diver
Why the AI industry is the real winner of the Musk-Altman trial
It is not only OpenAI but the AI race itself that was vindicated in the California courtroom last night. Even though Elon Musk essentially lost on a technicality, there’s a clear signal from the verdict that making lots of money from AI and competing fiercely with rivals is simply business. The
Swatch boss says crowds are ‘good news’ after watch launch sparks chaos
The boss of Swatch has defended the launch of its collaboration with Audemars Piguet after shops in cities around the world saw disruption when large crowds attempted to buy its new pocket watch. CEO Nick Hayek Jr told there had been “overcrowding like hell” at some of its stores for
Married at First Sight UK rape allegations serious, says DCMS
Rape claims involving Channel 4’s Married at First Sight (MAFS) UK show are “serious” and there must be consequences for “criminality or wrongdoing”, the Department for Culture, Media and Sport (DCMS) has said. Regulator Ofcom said broadcasters needed to take “due care” over the welfare of show participants. Holiday company