Author: Gulf News Week
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 about cost cutting but “replacing, in some cases, lower value, human capital, with the financial capital and the investment capital that we’re putting in”.He later sought to contextualise the remarks via LinkedIn and said he was sorry for his wording, which had “caused upset to some colleagues”.He said he was committed…
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Scientists at Oxford University are developing a new vaccine that could be ready for clinical trials within two to three months to help tackle the Ebola emergency.The outbreak, centred on the Democratic Republic of Congo, has resulted in 750 suspected cases and 177 deaths. The rare species of Ebola, known as Bundibugyo, for which there is no proven vaccine, kills around a third of those infected. There are no guarantees the vaccine will prove effective and it will take animal research and trials on people to know if it will be. The risk from the current Ebola outbreak has now…
The adopted resolution focuses on the humanitarian and public health consequences affecting civilian populations, the continuity of health services, the resilience of health systemsThe UAE has welcomed the adoption of a resolution concerning the health repercussions of treacherous terrorist attacks targeting civilians and vital civilian infrastructure, including health facilities.The resolution submitted by the member states of the Gulf Cooperation Council (GCC) and the Hashemite Kingdom of Jordan was adopted by the World Health Assembly (the highest decision-making body within the World Health Organisation) during its current session. The adopted resolution focuses on the humanitarian and public health consequences affecting civilian…
Actress Lupita Nyong’o has told people who have criticised her casting as Helen of Troy in Christopher Nolan’s The Odyssey to remember that “this is a mythological story”.The Oscar winner will play Helen, whose beauty famously “launched a thousand ships” and resulted in the Trojan war, according to Homer’s ancient Greek legend.But her casting has now sparked a culture war too, with critics including Elon Musk claiming it’s wrong to cast a black actress as the character in Nolan’s hotly anticipated movie.Speaking to Elle, Nyong’o responded: “I’m very supportive of Chris’s intention with it and with the version of this…
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The UAE has also welcomed the IMO’s decision to adopt a resolution that promotes safe navigation in the Gulf region in response to Iran’s threats[Editor’s Note: Follow media live blog for the latest regional developments with the US-Israel-Iran ceasefire now in effect.]The UAE and four Arab Gulf states have issued a statement rejecting Iran’s establishment of a so-called “Persian Gulf Strait Authority” that has been falsely characterised as a sovereign governance entity to manage vessel traffic through the Strait of Hormuz, the UAE’s Ministry of Foreign Affairs said on Friday.”This entity’s latest announcement on the purported scope of its supposed jurisdiction outrageously…
The move comes after Sheikh Hamdan announced a host of economic incentives as part of a Dh1.5 billion package to bolster the economyDubai’s Knowledge and Human Development Authority (KHDA) has confirmed that there will be no increase in school fees for private schools in the emirate for the 2026-27 academic year. This decision comes after Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence approved the second package of economic incentives in Dubai.What is the package of incentives?The second package of economic incentives announced by Sheikh Hamdan comes nearly two…
South Korean police are seeking an arrest warrant for a YouTuber who allegedly faked evidence that defamed actor Kim Soo-hyun and fuelled a scandal which ended his career.Authorities say the YouTuber had manipulated screenshots of text messages and shared an audio file made with AI to give the impression that the actor had dated actress Kim Sae-ron when she was still a minor.The allegations surfaced last year, shortly after Kim Sae-ron killed herself at the age of 24.The scandal shook the country and upended the career of Kim Soo-hyun, who is a household name in South Korea. The actor has…
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 planes resulting in the killing of US nationals.Rubio said Washington’s preference was “a diplomatic solution” but warned that President Donald Trump had the right and obligation to protect his country against any threat.Cuba’s Foreign Minister Bruno Rodríguez accused Rubio of “lies” and said the island had never posed a threat to…