Author: Admin
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EY and ACCA urge stronger AI checks
A policy paper from EY and the Association of Chartered Certified Accountants says companies should check on their AI systems’ technical performance, internal governance structures, and regulatory compliance. The policy paper, AI Assessments: Enhancing Confidence in AI, says such assessments are essential for corporate governance, risk management and public confidence. Marie-Laure Delarue, EY’s global vice-chair…
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Google cuts ties with DEI groups
Google has removed 58 diversity, equity, and inclusion (DEI) groups from its funding list, according to a recent watchdog report. The change follows pressure from the Trump administration to reduce support for organizations that use terms like “race” and “women.” Google has also ceased diversity hiring goals and removed DEI language from its grant website…
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Less than a third of UK voters would back Brexit now
A survey for the Sunday Times indicates a significant decline in support for Brexit, with only 29% of voters backing withdrawal from the EU if a referendum were held today. This marks a stark contrast to the 52% support in June 2016. The More in Common research also found that nearly half of respondents believe…
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Social media trend in China indicates frustration with job prospects
Reuters reports on the “intense social media chatter” among Chinese youth about early 2000s economic boom-era fashion. Analysts say the trend can be seen as a way to express discontent about bleak job prospects without attracting censorship. On RedNote, China’s version of Instagram, the hashtag phrase “beauty in the time of economic upswings” has so…
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Business confidence hits record low, IoD says
Business confidence among leaders has plunged to its lowest level since the Brexit vote, according to the Institute of Directors (IoD). The optimism index fell to -72 in July from -53 the previous month, marking a nine-year low. A survey of 894 finance directors highlighted tax and employment costs as major concerns, as they predicted…