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Category: SRN News

Barclays to slash 5,000 jobs in AI-powered cost-cutting drive

By Lawrence White LONDON, Oct 22 (Reuters) – Barclays said it is cutting around 5,000 jobs or 5% of its workforce this year, as it uses technology such as AI to slash fixed costs and improve returns. The job cuts were revealed as Barclays reported…

US railroad operator Union Pacific’s quarterly profit rises

(Corrects typographical error in paragraph 1) Oct 22 (Reuters) – Union Pacific reported a 15% jump in third-quarter adjusted profit on Thursday, helped by higher fuel surcharge revenues and core pricing strength, which more than offset cost pressures. The Omaha, Nebraska-based railroad operator’s adjusted quarterly…

France’s Macron tightens curbs on protests, blaming hard left for unrest

By Michel Rose PARIS, Oct 22 (Reuters) – French President Emmanuel Macron said on Thursday that “illegitimate” protests would be banned in the coming days and blamed “seditious” ultra-left groups and vandals for last weekend’s riots and looting. Speaking after a meeting with intelligence chiefs…

Factbox-Who are the Americans detained in Russia?

Oct 22 (Reuters) – Russia freed Stephen Hubbard, a retired US schoolteacher, from prison on Wednesday, as Moscow and Washington held a new round of talks about settling the war in Ukraine. At least nine publicly identified Americans are believed to remain imprisoned in Russia, although…

Late detection in Nigeria raises alarm as Ebola spreads across Africa

By Camillus Eboh, Clement Bonnerot and Jennifer Rigby ABUJA/DAKAR, Oct 22 (Reuters) – Nigeria’s first Ebola patient in over a decade was not tested for the disease until 13 days after falling ill, officials said, a delay that raises questions about authorities’ ability to contain…

International Criminal Court wins EU’s 2026 Sakharov prize

BRUSSELS, Oct 22 (Reuters) – The International Criminal Court and its officials won the EU’s 2026 Sakharov human rights prize, European Parliament President Roberta Metsola said on Thursday, less than two weeks after former ICC Judge Navi Pillay was awarded the Nobel Peace Prize. “The EU is built…

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