Wales' brand blurred for investors, adviser says – BBC.com
Gray gathering dains BBC News Getty Images The Welsh Government is holding an International Investment Summit in Newport in December The image of Wales has become “blurred” and it has become difficult to attract foreign investment, according to the Welsh government's advisor on the economy. Mark Rydodel Roberts, director of the Welsh Industrial Development Advisory […]
Singapore's biggest bank DBS to cut 4,000 roles as it embraces AI – BBC.com
Singapore's largest bank says it is expected that artificial intelligence (AI) will cut 4,000 roles over the next three years as it takes on more jobs humans currently do. “The decline in the workforce is due to natural exhaustion as temporary contract roles and contract roles will roll off over the next few years,” a […]
IRS slashing thousands of employees in heat of US tax season – BBC.com
The Trump administration is cutting more than 11,000 jobs in the Internal Revenue Service (IRS) and the Pentagon as part of its efforts to reduce the size of its federal workforce. The approximately 6,000 layoffs in the IRS began Thursday, coming in the middle of the tax season as millions of Americans filed returns. The […]
Barclays customers face second day of issues after major IT outage – BBC.com
Graham Fraser Technology reporter Getty Image Berkraise customers have experienced intermittent errors on the second day of the second day after the serious IT problem that affected bank apps and online banking. The customer told the BBC that the essential transactions from buying baby's milk to completing the movement of the house. Barclays said that […]
Trump launches meme coin, $TRump days before return to White House – BBC.com
Incoming US President Donald Trump launched his own cryptocurrency, and its market capitalization quickly skyrocketed to billions of dollars. The release of his meme coin $Trump comes as he prepares to be sworn in as the 47th president of the United States on Monday. The business is being coordinated by Trump Organization affiliate CIC Digital […]
'I can't go on like this': US asks what's next for healthcare – BBC.com
Special education teacher Robin Ginkel has been working with insurance companies for nearly two years to get them to pay for back surgery recommended by her doctor after a work-related injury left her with a herniated disc and debilitating pain. It has been fought for a long time. She said she didn't think the plan […]
Japanese billionaire Masayoshi Son pledges major US investment – BBC.com
As President-elect Donald Trump touts the United States as the best place to do business, companies around the world are figuring out how to respond to his call. Japanese tech billionaire Masayoshi Son, a colorful figure known as much for his big failures as his big accomplishments, appeared alongside Trump at a press conference on […]
Trump's growing crypto and media empire creates potential business conflicts – BBC.com
Getty Images Not long after buying and publicly consuming $6.2 million worth of bananas as part of an art-world stunt, Chinese cryptocurrency entrepreneur Justin Sun has sold $30 million ($30 million) to a cryptocurrency company called World Liberty Financial. 23.5 million) and made another eye-catching purchase. The company has been in business since it was […]
Killing of insurance CEO exposes simmering anger at US health system – BBC.com
Getty Images Protests are underway against insurance companies accused of denying patients' claims to cover medical costs The “brazen and targeted” killing of UnitedHealthcare health insurance executive Brian Thompson outside a New York hotel this week shocked America. The reaction to the crime also exposed simmering anger against a trillion-dollar industry. “Prior permission” doesn't seem […]
Cloned customer voice beats bank security checks – BBC.com
BBC Can banks tell the difference between a real Shari Var and a clone? Artificial intelligence can replicate the human voice so well that it is almost indistinguishable from the real thing. But how do you deal with voice recognition technology that is supposed to protect people's bank accounts? As part of the BBC's Scam […]