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...“This is a point of principle; we believe in innovation,” Sunak said in October. “How can we write laws that make sense for something that we don’t yet fully understand?”...
...Boeing employees “hear safety is our No 1 priority, but what they see is that is only true as long as your production milestones are met”, De Luis testified in a separate hearing held by the US Senate Commerce...
...In China, the Wuhan robotaxi project has revealed lingering conservatism over safety fears....
...It was also good that chief executive Dave Calhoun focused solely on safety issues, leaving the numbers to the CFO....
...But it is simultaneously fighting battles on multiple fronts, including slow electric vehicle production and union disagreements. It may expand its outlook....
...He adds, however, that his members acknowledge the possibility of AI bringing benefits, such as improving safety in manufacturing....
...These aren’t easy questions — and that’s the point. I rather doubt the board of OpenAI has the answers to them. And they can’t simply be answered by reference to “safety” either....
...Financial metrics are completely secondary to the future of the company at this point.”...
...Real safety will cost you as much or more than growth in this market. That tells me there is enough fear out there to keep the market rational. The energy sector is interesting....
...Rather than just a damage limitation exercise, it needs to convince the world that this is a true turning point....
...It had to offer to replace the front fork on the S1 and S1 Pro, its first models to be sold, after what it said were “unfounded” safety concerns....
...A scandal over safety testing at Japanese carmaker Daihatsu is shaping up as a pressure point for change at its parent Toyota....
...The price of oil is being kept down by weak Chinese demand, despite Opec production cuts....
...In January 2021 it named Mike Delaney, a vice-president overseeing the digital transformation of Boeing’s production lines, to the newly created role of chief safety officer....
...“That could mean a race to the bottom when it comes to production fees.”...
...acceptable level in order to create the conditions for a just transition that allows people time to adapt their energy use,” said the spokesperson, adding the major followed “strict requirements” concerning safety...
...On almost all of its products — in both the civil and defence sides of the business — Boeing has encountered delays, cost overruns and production issues....
...Yields on benchmark 10-year Treasuries, which move inversely to prices, peaked at 4.66 per cent following the data, up 0.16 percentage points....
...Production lines across the industry have been strained coming out of the Covid-19 pandemic and as global airlines have gone on an unprecedented ordering spree....
...The Exxon situation is a case in point....
...The second question is very important, Gursky pointed out, because industrial companies might trade at very different multiples at different points in the cycle....
...But it was also held back as safety requirements from British regulators evolved, executives said....
...The rub of all of this is that when prices jump in the months and years ahead, the US shale patch will no longer act as a safety valve for global consumers....
...vital selling point of which is quality....
...Owner Pham Nhat Vuong, Vietnam’s richest man, earlier this year pledged to provide $2.5bn to the company through grants and loans to help the business increase production....
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