Author: franperez66q@protonmail.com
Standard Chartered on Tuesday announced it would cut more than 15% of its corporate functions roles by 2030, while setting higher medium-term profitability targets.The workforce reduction is part of the lender’s efforts to raise income per employee by around 20% by 2028, StanChart said. According to its 2025 annual report, corporate function roles include employees in human resources, corporate affairs and supply chain management. Of its roughly 82,000 employees, about 52,000 work in support roles, while the remainder are classified as part of its business workforce.The lender also aimed for a 15% return on tangible equity in 2028, up more than three percentage…
European shares rise on Trump’s Iran comments Source link
Nevertheless, the movie helped build the myth of Space Camp, which had only opened four years earlier. Since then, more than 900,000 children ages 9 to 18 years old have “graduated” from the experience. Included among them are at least half a dozen NASA astronauts, including Dottie Metcalf-Lindenburger, Kate Rubins, Serena Auñón-Chancellor, and a mission specialist on the recently flown Artemis II mission, Christina Koch. Some of the exhibits and activities at Space Camp had grown a bit dated, but Isaacman’s gift should help to revitalize the programs. Among the new elements are a parachute “simulation room” that features a…
The number of UK job vacancies also fell to its lowest level in five years as the initial impact of the Iran war on businesses starts to be seen. Source link
US President Donald Trump speaks during a healthcare affordability event in the South Court Auditorium of The White House in Washington, DC, on May 18, 2026. Kent Nishimura | AFP | Getty ImagesLONDON — European stocks are expected to open in mixed territory on Tuesday as traders assess the geopolitical landscape and developments in the Middle East.The U.K.’s FTSE 100 index is seen opening 0.13% higher, with Germany’s DAX and France’s CAC 40 flat and Italy’s FTSE MIB 0.14% lower, according to data from IG. European bourses will be following their Asia-Pacific counterparts into mixed territory on Tuesday, with oil prices…
StanChart to cut more than 7,000 jobs as bank steps up AI adoption Source link
Many gadgets marketed as being “smart” make me wonder if they would be better off dumb. Some examples are smart TVs that insist on sending your activities to businesses to track you, smart fridges that use the Internet to cycle through ads, smart gym equipment that won’t work offline, smart toothbrushes whose batteries drain too quickly, or virtually any gadget that forces you to use a minimally effective or otherwise unimpressive app. Too often, modern technologies, like inter-device connectivity and artificial intelligence, are shoehorned into gadgets that would be more intuitive to use, affordable, accessible, and/or durable without them. Dory…
The AI rally continued this earnings season. But companies building the underlying hardware powering the boom warned that the Iran war is putting pressure on their supply chains and profitability. A spiraling conflict in the Middle East has seen oil prices skyrocket and supply chains crucial to the tech sector hamstrung. Shortages of key chipmaking materials, including helium, are expected as the U.S. and Iran remain locked in a standoff.TSMC, which manufactures Nvidia chips, said the situation in the Middle East could impact its profitability, with prices for certain chemicals and gases likely to increase. Foxconn, the world’s largest contract…
Tencent shares jumps after saying some AI models to become paid services Source link
Lanterns, the new DC Universe series coming to HBO Max, dropped a surprising teaser in March that swapped the usual superhero hijinks for gritty realism more in the vein of True Detectives and Slow Horses. Personally, I liked the change; it pushed a series that was barely on my radar to my 2026 list of ones to watch. I guess HBO was concerned people would miss the superhero vibes, though, because the latest teaser trailer interweaves the grittier aspects with a lot more superpowers and intergalactic elements. And you know what? I’m still here for it. Per the official logline, “The…