The US and UK declined to sign the final statement released Tuesday from the AI Summit hosted by France that called for promoting international governance over artificial intelligence. In a speech before the communique was released, Vice President JD Vance argued against the EU’s regulatory approach to social media platforms and AI and what he termed as foreign governments “considering tightening the screws” on US tech companies. UK Prime Minister Keir Starmer’s spokesperson, Dave Pares, told reporters on Tuesday that while the UK had worked “closely” with the French throughout the summit, they hadn’t been able to agree on all parts of the leaders’ declaration. China, as well as summit co-host India, were among the 60 countries and organizations that signed.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta.
Chapters:
00:00:00 – Opening Trade
00:05:49 – Apple Partners with Alibaba on China AI Plan
00:11:31 – Trump Presses Jordan to Take in Palestinians from Gaza
00:13:06 – UK Recession Fears Worsen
00:15:22 – Fed Chair Jay Powell: ‘No Hurry to Adjust Policy Stance’
00:20:10 – Markets Price Two Fed Rate Cuts
00:24:05 – Heineken CEO van den Brink on Selling More Beers, Stock Gains, Buybacks
00:38:29 – China Mulls $6.8 Billion Funding to Help Vanke Repay Debt
00:46:09 – European Market Open
00:54:56 – Heineken Stock Soars Most Since 2008
01:05:22 – Siemens Energy Stock Rides Electricity Boom
01:12:16 – J.D. Vance Says US Needs EU Partners in AI
01:16:12 – Sam Altman on Elon Musk: ‘Probably Trying to Slow Us Down’
01:19:39 – US, UK Decline to Sign Paris AI Summit Agreement
01:25:09 – Tariffs: EU Threatens Countermeasures After Trump’s Action on Steel, Aluminum
01:30:38 – European Steel Association Director General Eggert on EU Gas Price Cap
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