Standard Chartered to cut more than 7,000 jobs as it steps up AI use
London-headquartered bank will reduce back-office jobs and aims to move some workers to new rolesBusiness live ā latest updatesStandard Chartered plans to cut more than 7,000 jobs over the next four years as it increasingly uses artificial intelligence.The London-headquartered lender is one of the first major global banks to lay out plans to cut thousands of jobs, citing AI as a driver to make its operations slimmer as it seeks to increase its profitability and tackle competition. Continue reading...
Sources & Citations
1 sourceMore Stories
Louisiana payout cannot erase pain of Ronald Greene death by police ā lawyer
Ben Crump says $4.85m police settlement over fatal traffic stop helps to show how ātruth must always come to lightāāNo amount of money can eraseā the pain that motorist Ronald Greeneās death at the hands of Louisiana police inflicted on his loved ones, but a $4.85m settlement which the state has agreed to pay his family helps illustrate how āthe truth must always come to lightā, their attorney has said.Ben Crump recently expressed those sentiments in a statement that served as one of his and his clientsā first public reactions to news first reported by the Guardian that mediation talks on 12 May had yielded a settlement between Louisiana authorities and Greeneās family. Continue reading...
Read original Ā· theguardian.comNew report reveals sharp rise in online sale of primates on social media in US
Researchers found over 1,600 primates listed for sale on Facebook, TikTok and more over a six-week period in 2025A new report from leading wildlife and conservation organizations has revealed a sharp rise in the online sale of primates across major social media platforms in the US, raising concerns about wildlife trafficking, public safety and animal welfare.The report, titled Primates for Purchase: The Surge in Sales on Social Media in the US, was released Tuesday by the Association of Zoos and Aquariums (AZA), the International Fund for Animal Welfare (IFAW) and the World Wildlife Fund (WWF). Continue reading...
Read original Ā· theguardian.comSix US states hold primaries as Trump urges Kentucky voters to oust Massie
Republican critic of president faces challenge from Ed Gallrein, while Georgia and Pennsylvania hold key contestsThe biggest day of primaries yet arrives Tuesday, with voters in Kentucky, Pennsylvania, Georgia, Alabama, Oregon and Idaho, heading to the polls to select candidates ahead of Novemberās midterm elections.While many primaries will be resolved with little drama, some have shaped up to be among the most contentious elections of the year so far, serving as gauges of Donald Trumpās control of Republicans, and the direction Democratic voters are looking to steer their party as they seek to retake control of Congress. Continue reading...
Read original Ā· theguardian.comWHO head ādeeply concernedā by Ebola outbreak as cases and deaths surge in DRC
At least 130 people thought to have been killed, says Tedros Adhanom Ghebreyesus before emergency meetingāItās heartbreakingā: panic in eastern DRC over return of EbolaThe director general of the World Health Organization has said he is deeply concerned about the scale and the speed of the Ebola outbreak in the Democratic Republic of the Congo.Dr Tedros Adhanom Ghebreyesus said there had been at least 500 suspected cases of Ebola and 130 suspected deaths in DRC since the new outbreak began. Thirty cases had been confirmed in DRCās north-eastern province of Ituri, and one death and one case had been confirmed in Kampala, Uganda, he added. In addition, he said, there was āone US citizen confirmed positive and transferred to Germany, as reported by the USā. Continue reading...
Read original Ā· theguardian.comUS government plans to increase number of white South Africans it admits as refugees
State department says Afrikaners in āemergency refugee situationā, a claim previously rebutted by South AfricaThe US government has said it will increase the number of white South Africans it admits as refugees this year from about 7,500 to 17,500, claiming that āunforeseen developments in South Africa created an emergency refugee situation.āSince starting his second term in office last year, Donald Trump has repeatedly made false claims that white Afrikaners are racially targeted and face a āwhite genocideā, which South Africaās government has furiously rebutted. Continue reading...
Read original Ā· theguardian.comLabour likely to win next election with Burnham as leader, say party members ā UK politics live
YouGov polling reveals support for prospective challenger, with members believing Starmer could not secure another victory Unemployment in the UK has unexpectedly risen to 5% while wage growth has slowed, according to official figures, in the first snapshot of how companies are reacting to the impact of the Iran war, Tom Knowles reports.Good morning. A week ago, at cabinet, Keir Starmer delivered a āput up or shut upā message to his critics. Wes Streeting, his leading opponent, decided to do neither ā declining to launch a leadership bid, but going public with his lack of confidence in the PM and resigning. And then Andy Burnham found a potential seat, meaning that, if Burnham can win the byelection, a leadership challenge has not been averted, just postponed.Labour members would rather have Burnham than Starmer as leader. Here are the figures when members were asked to rank eight possible candidates. Continue reading...
Read original · theguardian.comEnergy bills will rise by £200 in July to nearly £1,900 a year, forecast says
Cornwall Insight predicts rise in price cap of nearly 13% in Great Britain as Iran war pushes up gas costsBusiness live ā latest updatesHouseholds in Great Britain could see their energy bills increase by over Ā£200 a year to almost Ā£1,900 from this summer in āa kick in the teethā for millions struggling with the cost of living crisis.A typical gas and electricity bill is now forecast to reach Ā£1,850 a year from July under the industry regulator Ofgemās quarterly price cap, according to analysis by the energy consultancy Cornwall Insight. Continue reading...
Read original Ā· theguardian.comCalls for release of Sierra Leonean singer jailed in ācrackdown on free speechā
Zainab Sheriff unjustly sentenced to four years in prison for incitement and threatening language, say activistsLawyers, politicians and activists have called for the release of one of Sierra Leoneās best-known celebrities, who they said was unjustly imprisoned as part of a government crackdown on free speech and political dissent.Zainab Sheriff, a singer and reality-TV show contestant who became a political opposition figure, was sentenced in April to four years and two monthsā imprisonment for incitement and using threatening language. Continue reading...
Read original Ā· theguardian.comPocock urges CGT changes as Albanese laughs off AI meme campaign
Independent senator warns budget reform could drive tech investment offshore, as PM thanks startups for āvery flatteringā imagesGet our breaking news email, free app or daily news podcastAnthony Albanese has laughed off an AI-generated meme campaign against capital gains tax changes from startup founders, thanking them for āvery flatteringā doctored photos of him working in their businesses.But independent politicians representing some of Australiaās startup hotspots have raised alarm over the proposed increase to capital gains tax, warning the tax changes could see innovative companies and tech firms move overseas to chase higher rewards. Continue reading...
Read original Ā· theguardian.comUN security council meets over Ukraine as Russia and Belarus hold nuclear drills ā Europe live
Meeting also comes amid recent brutal Russian attacks and Putinās visit to ChinaThe UN security council is meeting to discuss the situation in Ukraine today in response to recent brutal Russian attacks on the country and joint nuclear weapons drills starting in Russia and Belarus.The meeting ā called by Denmark, France, Greece, Latvia, Liberia, and UK ā is expected to cover the latest on āpeace and securityā situation in Ukraine. Continue reading...
Read original Ā· theguardian.comMiddle East crisis live: Trump claims Iran attack āon holdā due to request from Gulf allies
The US president said he called off a planned attack on Iran on Tuesday so that peace talks could continueFull report: Trump claims planned attack on Iran postponed after Tehran makes new proposal to end warWe are restarting our live coverage of the US-Israeli war on Iran and the other conflicts in the Middle East. Donald Trump says he has called off a planned attack on Iran on Tuesday at the request of Gulf states so peace talks could continue.In a post on Truth Social on Monday, the US president said he had been asked to do so by the leaders of Qatar, Saudi Arabia and the United Arab Emirates. Continue reading...
Read original Ā· theguardian.com