Reuters

LONDON (Reuters) - EMBARGOED 0001 LOCAL TUESDAY

The types of business which are most likely to use artificial intelligence are seeing growth in workers' productivity that is almost five times faster than elsewhere, raising hopes for a boost to the broader economy, accountancy firm PwC said.

Productivity in professional and financial services and in information technology grew by 4.3% between 2018 and 2022 compared with gains of 0.9%... (continue reading...)

(Reuters) - Australian telecom firm Telstra said on Tuesday it would reduce up to 2,800 jobs from its direct workforce by the end of this year, as a part of its proposed measures to simplify operations and improve productivity.

Consultation on 377 of those roles would begin immediately, mainly from areas supporting the products and services to be exited in its enterprise business, Telstra said.

The company expects to record one-off... (continue reading...)

By Nandita Bose and Steve Holland

WASHINGTON (Reuters) - U.S. President Joe Biden strongly defended Israel on Monday, saying Israeli forces are not committing genocide in their military campaign against Hamas militants in Gaza in a rejection of criticism from pro-Palestinian protesters.

"What's happening in Gaza is not genocide. We reject that," Biden said at a Jewish American Heritage Month event at the White House.

Biden... (continue reading...)

By Nate Raymond

(Reuters) - A group founded by a prominent anti-affirmative action activist on Monday sued Southwest Airlines, alleging that a two-decade-old program that awards free round-trip flights to Hispanic undergraduate and graduate students is racially discriminatory.

Edward Blum's American Alliance for Equal Rights in a lawsuit filed in federal court in Dallas alleged that the airline's program violated federal civil rights laws... (continue reading...)

By Thomas Escritt

FRANKFURT (Reuters) - - A would-be prince, a former judge and parliamentarian and retired military officers are among nine alleged conspirators who stand trial on Tuesday for a suspected "Reichsbuerger" plot to overthrow Germany's democracy.

Prosecutors say they were ringleaders in a terrorist plot to topple the German government and install property investor Heinrich XIII Prinz Reuss, scion of a now throneless dynasty,... (continue reading...)