NatWest faces AGM showdown over ‘climate backtracking’

NatWest is at risk of an embarrassing showdown at its shareholder meeting this week as investors and scientists call for an urgent reversal of what they describe as “climate backtracking”.Campaigners including ShareAction are calling for protest votes against the bank’s chair, Rick Haythornthwaite, at its annual meeting in Edinburgh on Tuesday.The call is part of efforts to hold the board to account after NatWest watered down restrictions on lending to the oil and gas sector and dropped some decarbonisation targets “without robust explanation”, according to the campaigners.Investors including the Church of England have already thrown their weight behind the campaign, saying they will vote against the reappointment of board members.ShareAction will present letters at the AGM, including a statement signed by investors with $1

The great energy pivot: US oil and Chinese solar are the winners in Trump’s war on Iran

Exposure of world’s reliance on Middle East supplies accelerates global shift towards new energy superpowersIn the open seas, an armada of empty tankers has quietly turned west. A record number of super-sized vessels are now heading to the US, where oil drillers and refineries are preparing to profit from Donald Trump’s war in the Middle East.Almost 30 of these vessels, each able to hold 2m barrels of oil, are contracted to load US crude, destined for a global market facing the biggest supply crisis in history.It is just over five years since the shale revolution made the US a net energy exporter and the world’s biggest producer of oil and gas. Now the White House is poised to strengthen its claim to an even greater share of the global oil market as the Middle East’s decades-long dominance is dismantled by war

Cannes AI film festival raises eyebrows – and questions about future

In Cannes’ darkened screening rooms, the supposed future of cinema flickered into life this week and it was strange. The first edition of the World AI film festival (WAIFF) showcased visions of men with fish scales erupting from their necks and seaweed from their mouths, a heroine with a heart beating outside her body and so many massed armies of AI-generated tanned men sweeping across battlefields that David Lean would have blushed.Last week the Cannes film festival, entering its 76th year, banned the emerging technology from its Palme d’Or competition, insisting “AI imitates very well but it will never feel deep emotions”. But this week the Croisette was taken over by the upstart AI film movement and their big-tech backers amid increasing investment and attention from the Hollywood studios. A “nouvelle vague”, they said, is coming

Facing AI and a tough job market, gen Z turns to entrepreneurship: ‘I have to prove myself’

When Ashley Terrell graduated from the University of Hawaii in 2024, she planned to find a job in marketing, maybe for a tech company. She had a bachelor’s degree in business administration and a college résumé that included a student marketing job for Red Bull. But after months of applying, her only offer was to work in the power tools section at Home Depot. “It was quite a shock,” she told the Guardian. “I searched for jobs every single day in that Home Depot bathroom

Masterclass on Anzac Day encapsulates why unflappable Scott Pendlebury is so good

The week in football was characterised in many ways by the absence of competence. There wasn’t much competence over at Kayo, which had more crashes than Leslie Nielsen. There wasn’t much competence in the umpiring on Friday night. There wasn’t much competence at the AFL tribunal, with its barking dogs and house inspections. There wasn’t much competence, or basic decency, at its appeals board

Nikola Jokić boils over after McDaniels’s mocking layup in Nuggets’ loss to Timberwolves

Nikola Jokić and Julius Randle were ejected after Jaden McDaniels made a meaningless – and provocative – layup at the end of the Minnesota Timberwolves’ playoff victory over the Denver Nuggets on Saturday night.With Minnesota already all but guaranteed victory in a game that ended 112-96, McDaniels chose to make the layup with 2.1 seconds left rather than run out the clock, as is customary. That led to Jokić jogging down from half-court to confront McDaniels, and a shoving match ensued as other players became involved.“I don’t know what [Jokić] said, to be honest