Robots say they won’t steal jobs, rebel against humans

By Emma Farge GENEVA (Reuters) -Robots presented at an AI forum said on Friday they expected to increase in number and help solve global problems, and would not steal humans’ jobs or rebel against us. But, in the world’s first human-robot press conference, they gave mixed responses on whether they should submit to stricter regulation….

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Barclays hires Birchenough as chairman of healthcare investment banking

By David Carnevali NEW YORK (Reuters) – Barclays Plc has hired Jim Birchenough from Wells Fargo & Co as its chairman of global healthcare investment banking, a spokesperson for the British bank confirmed, after Reuters reported on the appointment on Friday. Birchenough last served as vice chairman of biopharma investment banking at Wells Fargo. A…

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Senior US diplomat heads to India to discuss free speech, minority rights

By Kanishka Singh WASHINGTON (Reuters) – A senior U.S. diplomat will travel to India in the coming days and engage with its civil society over free speech and marginalization of minorities, after Indian Prime Minister Narendra Modi’s recent U.S. visit when he denied that abuse of religious minorities existed in his country. Uzra Zeya, U.S….

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Global stocks index flat, Dollar falls on mixed U.S. jobs data

By Sinéad Carew NEW YORK (Reuters) – MSCI’s global equity index ended Friday’s session virtually unchanged while the dollar was lower as government data showed that U.S. jobs growth slowed more than expected in June, easing worries about the outlook for Federal Reserve rate hikes. But while investors appeared to hold out hope for a…

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US bank credit rose last week, while commercial and industrial loans fell -Fed data

(Reuters) – Bank credit for U.S. commercial banks expanded slightly in the last week of June, even as commercial and industrial lending ticked down, Federal Reserve data released on Friday showed. Bank credit rose to $17.31 trillion in the week ending June 28, from $17.29 trillion a week earlier, on a non-seasonally adjusted basis. On…

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