Bill Winters
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Standard Chartered boss apologises for ‘lower-value human capital’ comments amid job cuts
Standard Chartered's CEO, Bill Winters, has apologised for describing some of the nearly 8,000 staff facing job cuts due to AI as "lower-value human capital." The apology followed significant backlash after the London-headquartered bank announced plans to eliminate approximately 7,800 back-office roles.
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Experts advise taking action now to reduce energy costs before winter arrives. Implementing energy-saving measures can help households manage rising utility bills.
Grants to pay off debts available for millions of Brits
Grants to pay off debts available for millions of Brits The warning comes as many households continue to battle high living costs and rising arrears Millions of households struggling with mounting household bills are being urged to check whether they qualify for grants to wipe out debts and access extra financial support. Energy regulator Ofgem issued an official alert to consumers who have fallen behind on payments, highlighting free debt advice, emergency support schemes and grants that...
Jamie Dimon in China: As AI adoption accelerates, we will hire more AI specialists
America’s largest bank JP Morgan CEO Jamie Dimon recently said that the bank plans to hire more artificial intelligence specialists as the adoption of technology accelerates. Speaking at the bank’s China Summit in Shanghai with Bloomberg, Jamie Dimon said “I think it will reduce our jobs down the road”, adding “There will be all different types of jobs, and I think we will be hiring more AI people and fewer bankers in certain categories, and it will make them more productive.” Striking a...
Fox News AI Newsletter: AI girlfriend dumps Hollywood filmmaker
IN TODAY'S NEWSLETTER:- Oscar-nominated filmmaker disappointed his AI girlfriend dumped him- AI layoffs may be backfiring on companies- Nvidia CEO Jensen Huang warns China has ‘all the chips they need’ despite US bansBAD BREAK-UP: Dating in the digital era isn't easy, as one Oscar-nominated filmmaker learned the hard way. Paul Schrader, the screenwriter of Martin Scorsese classics like "Taxi Driver" and "Raging Bull," revealed in a Facebook post that he had dabbled in developing an "AI...
Schools could get maximum temperature limits if needed to deal with heatwaves
Schools could get maximum temperature limits if needed to deal with heatwaves EXCLUSIVE: Bridget Phillipson said she will 'look closely' at what schools need after last week’s record-breaking temperatures triggered calls from teaching unions for action Schools could be given maximum temperatures if it becomes necessary to deal with heatwaves, Bridget Phillipson has suggested. The Education Secretary said she will “look closely” at what schools need after last week’s record-breaking...
Finished Off Campus? Here's what to watch next
Finished Off Campus and need to keep that fire burning? Here's what to watch next Fri 5 Jun 2026 at 9:18am If you found yourself falling into a low-key obsession with Off Campus you're far from the only one. This book adaptation feels like it's taken over the internet, with gen-Zers and millennials alike getting hot and bothered watching the coming-of-age romantic drama.
Rachel Reeves says Labour must stick to Brexit promise as party splits emerge
Rachel Reeves says Labour must stick to Brexit promise as party splits emerge EXCLUSIVE: Rachel Reeves said Labour must stick to its manifesto, which ruled out joining the single market and the customs union, and allowing freedom of movement Rachel Reeves has said Labour must stick to its Brexit red lines amid growing splits over the UK's relationship with the EU. The Chancellor said quitting the bloc has driven up prices and clobbered businesses on both sides of the Channel.