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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.
Europe’s innovation gap with US and China in focus at Panathēnea 2026
Access to capital, risk-taking and building global companies were central themes in Athens at Panathēnea 2026. How can Europe maintain its competitiveness vis-à-vis the United States and China at a time when technology and artificial intelligence are becoming key drivers of economic growth and geopolitical power? This was the central question at the heart of the Panathenaea (Panathēnea 2026), the international innovation and entrepreneurship event held in Athens, which brought together tech...
‘Troubling’ Trump health deals with Africa jeopardise human rights, report says
‘Troubling’ Trump health deals with Africa jeopardise human rights, report says Report from Human Rights Watch says countries should be ‘wary’ of US push for agreements with individual African nations - Bookmark - CommentsGo to comments The US is conditioning access to lifesaving global health aid on pacts that “jeopardise human rights” and could require abortion surveillance and undermine patient privacy, Human Rights Watch has warned. In a newly-released report, the rights groups alleged...
Human migration has surged since 2000 — these maps reveal where people are going
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Anthropic wants caution but the market wants more AI
analysis The latest news from the Western AI Front is that Anthropic Inc, the US-based creator of Claude, has called for a "global freeze" on the development of AI, so humanity can catch up. Except it didn't really. In a long blog post on Anthropic's website headed "When AI builds itself", all about how Claude is not only writing its own code but "proposing its own experiments", it was explained that "the human role is narrowing at each step in the AI development process".
Australians have a lot in common with the Pope when it comes to AI
analysis What do the Pope and most Australians have in common? Neither trust AI companies Thu 4 Jun 2026 at 5:00am It's not often that the Pope, college students and Australians agree. One topic that has put these unusual bedfellows all roughly on the same page is artificial intelligence.
India’s Bengal pushes out Muslim Bangladeshis, deepening religious tensions
India’s Bengal pushes out Muslim Bangladeshis, deepening religious tensions Hundreds taken to the border and many others put in detention centres as part of a ‘detect, delete and deport’ crackdown on undocumented migrants. Hakimpur, India – Raisul Islam stands under the scorching sun near a checkpoint in Hakimpur village along the border with neighbouring Bangladesh in the North 24 Parganas district of India’s West Bengal state. His wife, Rebeka Khatun, 36, and their two sons, Riad, 14, and...
Commentary: Are we at the start of a new investment super-cycle?
Commentary: Are we at the start of a new investment super-cycle? AI, clean energy and defence spending are reinforcing each other, amplifying potential investment, says Rana Faroohar for the Financial Times. NEW YORK: The week of the largest IPO in history may seem like an odd time to wonder if we need more, rather than less, investment into the US and global economies.
The Second Act of the DOGE Bro
And DOGE alumni make splashy announcements about entering complex industries with scant qualifications while promising to “root out waste. ”This, at least, is the premise of Special, a newly announced start-up co-founded by Justin Fox and Nate Cavanaugh, two former Department of Government Efficiency staffers who left the federal government “motivated to extend the ethos of our work at DOGE back into the private sector,” as they wrote on Special’s website. The company officially launched...
Giuliani: WC security challenge 'unprecedented'
This summer's World Cup will pose an unprecedented security challenge due to its size and scope, but the nation's law enforcement is "leaning in," Andrew Giuliani, executive director of the White House FIFA World Cup 2026 Task Force, told ESPN in an interview. "This entire country's police force is leaning in," he said. "It is an unbelievable problem set when I think about what local law enforcement is going to have to go over this 40-day stretch.