Bank of Italy warns against AI-powered fake videos

Global News
First Canadian commercial electric flight soars over Vancouver Island
History was made in Canada, as the country's first commercial electric flight took off from Vancouver Island. As Catherine Urquhart reports, a lucky flight school student got the opportunity of a lifetime.
South China Morning Post
Tech war: China's top memory chip maker YMTC sees rising domestic demand, defying US curbs
China's top memory chip maker, Yangtze Memory Technologies Corporation (YMTC), is seeing a surge in demand for its flash memory chips, which have become a top choice for local clients, particularly those working in government and military-related projects, as Beijing strives to cut reliance on foreign semiconductor products. Demand for locally manufactured components, from graphics processing units to flash memory chips, has been surging, as China embarks on an ambitious drive to expand computin
Reuters
EU pork industry faces 'nightmare' if China restricts imports
Europe's pork industry faces a "nightmare scenario" of lower prices and falling profitability if China restricts imports from the region, industry executives and analysts said on Friday. China imported $6 billion worth of pork, including offal, in 2023 and more than half came from the EU, Chinese customs data showed. Ending those orders would result in a huge loss of business for Europe's meat industry.
South China Morning Post
EU's tariffs may stall SAIC's exports of EV but do little to keep BYD at bay, analysts say
The European Union's proposed import tariffs on electric vehicles (EVs) will do little to keep Chinese brands at Europe's gate, as the most innovative and cost-effective assemblers like BYD can overcome any hurdle, analysts said. "The tariffs will only affect Chinese brands' exports to Europe in the near term," said Guotai Junan Securities analyst Wu Xiaofei. That is a relief for an industry that had been awaiting the EU's nine-month anti-subsidy investigation, which culminated this week in puni
Storyful
Security 'Carnage' at Birmingham Airport as Liquid Checks Cause Delays
Airlines operating at Birmingham Airport told holidaymakers to arrive early on Friday, June 14, as passengers were facing hours-long lines caused by confusion over luggage liquid regulations.Footage captured at the airport on Friday morning by Russell White shows long lines stretching outside the terminal building.“Carnage at Birmingham airport, 3 lanes of queuing at 4 am,” White wrote on X.According to the Birmingham Mail, a “new Government directive was issued nationwide across all ports from last Sunday with a late change restricting passengers to 100 ml in liquids, gels and pastes and hand-luggage. That limit was already in place at Birmingham Airport but the restriction was said to be hampering the venue’s ability to use new security machines, which were set up to cater for larger amounts.”The paper said a “larger liquid check facility” would be in place from next week. Credit: Russell White via Storyful
Fortune
Elon Musk’s prediction that Chinese carmakers would ‘demolish’ global rivals is coming true as they overtake U.S. competitors
The European Commission and the U.S. recently levied new tariffs on Chinese EVs.
Reuters
US manufacturing group calls for stronger protection against Chinese imports
WASHINGTON (Reuters) -A policy group led by the United Steelworkers union and domestic manufacturers is calling for the U.S. to enact stronger trade barriers to Chinese imports after President Joe Biden imposed steep tariffs on Chinese electric vehicles, solar panels and other strategic goods. The Alliance for American Manufacturing (AAM) on Friday published a report on China's excess industrial capacity that echoes concerns raised by the Biden administration and U.S. allies in recent months, saying quick action was needed to stem a rising tide of cheap and subsidized exports that threatens U.S. jobs. The group called for the return of a long-expired import surge protection tool that was created when Beijing joined the World Trade Organization in 2001, the event that turned China into a global export powerhouse.
Reuters
Exclusive-Russia boosts oil revenues as shipping and trading network grows
Russian oil exporters are charging more for their oil in major market India than at any time since the war in Ukraine started as a growing number of shippers and intermediaries take part in the trade, weakening the impact of Western sanctions on Moscow. The exporters have had to offer deep discounts to encourage shipping companies and traders to move their crude and brave the risk of sanctions since Russia's full-scale invasion of Ukraine in February 2022. Among the restrictions, the United States and European Union imposed a price cap of $60 per barrel on Russian oil sales, meaning Western shippers and insurers can only participate in Russian oil trade if the oil is sold below the price limit.
South China Morning Post
Could China strangle Europe's weapons output with cotton?
This is the first in a four-part series about China's military development, from weapons and aircraft to its role in the global supply chain and how it compares with the United States. In early May, a chemical plant in China's central Hubei province exploded, killing three people. The culprit was nitrocellulose, a highly flammable material made from cotton. The plant belonged to Hubei Xuefei Chemical, China's second largest producer of nitrocellulose. And within days, the accident in Laohekou ci
The Canadian Press
Statistics Canada reports manufacturing sales up 1.1% at $70.8B in April
OTTAWA — Statistics Canada says manufacturing sales rose 1.1 per cent to $70.8 billion in April, helped by gains in sales of transportation equipment, primary metals and chemical products.
CNN Business
Gas prices are cheaper than last summer and miles away from the nightmare of 2022
Exactly two years ago Friday, gasoline prices peaked at a record of $5.02 a gallon nationally.
Bloomberg
Oil Posts Weekly Rebound From OPEC+ Dip as Fuels Show Strength
(Bloomberg) -- Oil posted the largest weekly gain since April after OPEC+ clarified its plan to return some output to the market and fuel markets showed signs of strength. Most Read from BloombergSouthwest Plane Plunged Within 400 Feet of Ocean Near HawaiiFlesh-Eating Bacteria That Can Kill in Two Days Spreads in JapanYes, Everyone Really Is Sick a Lot More Often After CovidWells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity’Meloni Uses the G-7 to Put Focus on the Global South —
Yahoo Finance Canada
Canada must embrace AI or face 'major loss of prosperity': Desjardins
Current adoption among Canadian businesses ranks roughly in the middle of OECD countries, and tends toward larger companies in bigger cities.
Hello!
Maya Jama's 'no bra' t-shirt is a serious mood
The Love Island host just shared a series of comical pics to her Instagram. See photos
Hello!
Prince William and Kate release emotional behind-the-scenes footage featuring tender moment with Princess Charlotte
Prince William and Kate Middleton have released an emotional behind-the-scenes video featuring tender family moment with Princess Charlotte, Prince Louis and Prince George...
People
Former NBA Star Darius Morris' Cause of Death Revealed a Month After He Died at Age 33
The former Los Angeles Lakers point guard died on May 4
Hello!
Princess Anne struggles with unruly horse during Trooping the Colour – watch
Princess Anne had some difficulty taming her horse during the procession for the King's birthday parade, known as Trooping the Colour
Hello!
Royal fans all say the same thing about Princess Kate's new photo
The Princess of Wales has shared a new photograph as she confirmed her upcoming appearance at Trooping the Colour
HuffPost
GOP Senate Nominee Totally Craps On Donald Trump's Endorsement
The Republican candidate pushed back at the former president's support -- to Fox News, no less.
HuffPost
Adam Schiff Hits 'Comfortable' Republicans With Storm Of 6-Letter Words For Trump
The California Democrat spotted a "fascinating thing" about GOP lawmakers after the verdict in the former president's hush money trial.

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Bank of Italy warns against AI-powered fake videos

Latest Stories

First Canadian commercial electric flight soars over Vancouver Island

Tech war: China's top memory chip maker YMTC sees rising domestic demand, defying US curbs

EU pork industry faces 'nightmare' if China restricts imports

EU's tariffs may stall SAIC's exports of EV but do little to keep BYD at bay, analysts say

Security 'Carnage' at Birmingham Airport as Liquid Checks Cause Delays

Elon Musk’s prediction that Chinese carmakers would ‘demolish’ global rivals is coming true as they overtake U.S. competitors

US manufacturing group calls for stronger protection against Chinese imports

Exclusive-Russia boosts oil revenues as shipping and trading network grows

Could China strangle Europe's weapons output with cotton?

Statistics Canada reports manufacturing sales up 1.1% at $70.8B in April

Gas prices are cheaper than last summer and miles away from the nightmare of 2022

Oil Posts Weekly Rebound From OPEC+ Dip as Fuels Show Strength

Canada must embrace AI or face 'major loss of prosperity': Desjardins

Maya Jama's 'no bra' t-shirt is a serious mood

Prince William and Kate release emotional behind-the-scenes footage featuring tender moment with Princess Charlotte

Former NBA Star Darius Morris' Cause of Death Revealed a Month After He Died at Age 33

Princess Anne struggles with unruly horse during Trooping the Colour – watch

Royal fans all say the same thing about Princess Kate's new photo

GOP Senate Nominee Totally Craps On Donald Trump's Endorsement

Adam Schiff Hits 'Comfortable' Republicans With Storm Of 6-Letter Words For Trump