The fund has a current value of around $2.3 trillion.
World's largest wealth fund posts $30 billion loss after bond market turbulence
Original reporting
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Barclays cutting 5,000 jobs as it increases reliance on AI
The bank says it is using more AI leading to a 5% reduction in its workforce.

Barclays cuts 5,000 jobs as profits jump ahead of looming bank tax; French bond yields hit fresh 24-year high – business live
UK bank says 1,000 job cuts already done with a further 4,000 to go before year end, driven by advances in AI, described as ‘icing on the cake’ by Barclays boss You be the chancellor: play our budget game to see if you can balance the books The French 10-year government bond yield has risen above the equivalent US Treasury yield for the first time since 2013. The French yield, or interest rate, jumped 10 basis points to 5.09% this morning, while the 10-year US Treasury yield fell 4bps to 5.07%. I am disappointed and you can be sure this will get my attention. Continue reading...
Barclays to slash 5,000 jobs in AI efficiency push
U.K. banks Barclays said Thursday it plans to cut 5,000 staff, citing efficiency savings from AI.
Brent crude tops $112 on Middle East worries as U.S., Israel reportedly weigh fresh Iran strikes
The Middle East conflict could flare up again as the U.S. reportedly plans to resume strikes against Iran.

You be the chancellor: play our budget game to see if you can balance the books
See if you can do a better job than John Healey at creating a budget that keeps MPs and the bond markets onside On 28 October, John Healey will announce the autumn budget to parliament. As in all years, the chancellor has to strike a balance between the following: Raising the money needed to fund the services that voters demand. Keeping taxes at levels that are acceptable to voters. Persuading the government’s creditors in the bond markets that it will continue to be able to pay its debts. Continue reading...

Is an 'AI war' complicating your job search?
How fair are AI recruitment tools that help decide our future, and what happens when we click "apply"?