WASHINGTON (Reuters) – The House Judiciary Committee was set to consider a bill on Wednesday to pressure the OPEC oil production group to stop making output cuts that can result in higher fuel prices for U.S. drivers. The committee was expected to vote on the so-called No Oil Producing and Exporting Cartels, or NOPEC, bill, …
US House committee to consider bill on pressuring OPEC oil group Read More »
BEIJING (Reuters) – A man in China’s Gansu province has been detained for allegedly using ChatGPT to generate a fake story about a train crash, marking China’s first arrest in an AI-related probe as Beijing tightens deepfake technology. The story, which claimed the crash killed nine construction workers in a city in China’s northwestern Gansu, …
China reports first arrest over fake news generated by ChatGPT Read More »
By Jeffrey Dastin and Greg Bensinger MOUNTAIN VIEW, California (Reuters) – Alphabet Inc’s Google is rolling out more artificial intelligence for its core search product, hoping to create some of the same consumer excitement generated by Microsoft Corp’s update to rival search engine Bing in recent months. At its annual I/O conference in Mountain View, …
Google I/O 2023: Search king adds AI to respond to Microsoft challenge Read More »
By Chris Prentice and Michelle Price WASHINGTON (Reuters) -A U.S. accounting watchdog found unacceptable deficiencies in audits of U.S.-listed Chinese companies performed by KPMG in China and PricewaterhouseCoopers in Hong Kong, the government agency said on Wednesday. The U.S. Public Company Accounting Oversight Board (PCAOB)published the findings of its inspections after gaining access to Chinese …
China audits littered with deficiencies, US accounting watchdog finds Read More »
By Hyunjoo Jin and Kiyoshi Takenaka SAN FRANCISCO/TOKYO (Reuters) – Panasonic said on Wednesday that it will delay the commercial production of its 4680 battery cells championed by Tesla CEO Elon Musk and begin operations during the April to September period in 2024, later than previously scheduled, as the company aims to improve their performance. …
Panasonic delays production of new Tesla battery to improve performance Read More »
By Karin Strohecker, Jorgelina do Rosario and Ariba Shahid LONDON/KARACHI (Reuters) -The political crisis engulfing Pakistan is eroding hopes that the South Asian country can get its much needed programme with the International Monetary Fund back on track soon and escape a full-blown debt crunch, analysts said. Deadly clashes between supporters of Imran Khan and …
Analysis-Pakistan’s deepening political crisis douses hopes for IMF relief Read More »
By Arpan Chaturvedi, Aditi Shah and Aditya Kalra NEW DELHI (Reuters) -Go Airlines (India) Ltd was granted bankruptcy protection on Wednesday, bolstering the country’s fourth largest carrier’s chances of getting back on its feet, but lessors have started mounting legal challenges to repossess planes. The low-cost carrier, recently rebranded as Go First, was plunged into …
India’s Go First airline gains bankruptcy protection, lessors’ woes deepen Read More »
TOKYO (Reuters) -Japan’s Panasonic Holdings Corp on Wednesday said it expects net profit to rise to a record high this year on robust auto battery sales and a hefty tax credit in the United States. The industrial conglomerate, which supplies batteries to U.S. electric vehicle (EV) leader Tesla Inc, is expanding its energy business just …
Panasonic sees record profit on robust battery demand, U.S. tax credit Read More »
By Lewis Jackson, Siyi Liu and Melanie Burton SYDNEY (Reuters) -Australia exported roughly $40 million worth of copper ore and concentrate to China early this year, Australian customs data shows, a sign of industry hope that trade in the red metal will resume as diplomatic relations improve. Australian trade data shows exports worth A$60.5 million …
Australia exports first copper to China since 2020, industry hopes end to ban near Read More »
BEIJING (Reuters) -China’s Communist Party appointed Li Yunze, vice governor of Sichuan province, as the party chief of its new financial regulator, the China Banking and Insurance Regulatory Commission (CBIRC) said on its official WeChat account on Wednesday. Reuters had reported earlier that Li would be named as the head of the National Financial Regulatory …
China appoints Li Yunze as party chief of new financial regulatory body Read More »
