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...The biggest hurdle is the US’s insistence for countries where European carmakers are sourcing their electric battery materials from to allow inspections of mines and processing centres, according to EU diplomats...
...But it has offered to include EU manufacturers sourcing or processing the five most common minerals for batteries....
...Speaking at the FT’s Global Banking Summit, Botín welcomed the UK scrapping its cap and when asked whether the European cap should also be removed, she said: “I think that [would allow] a better alignment...
...Chairwoman Le Thi Thu Thuy shared her reasons for optimism at the Nikkei and Financial Times’ Asia Green Tech Summit....
...It’s one of the many things we’ll be discussing at The Business of Football Summit, which returns next month in London....
...He added that COP28 was “an invaluable opportunity” for Volvo, which has begun sourcing “green” steel for its vehicles....
...But he added: “Open-sourcing the strongest models is . . . dangerous from a security perspective....
...The UK meanwhile is hosting the first global summit on AI safety next week, with political leaders and leading tech executives invited to discuss co-operation on issues such as national security....
...A hot topic at this week’s meeting was whether it is possible to diversify sourcing....
...The company was one of a number surveyed that disclosed no relevant supplier or sourcing data....
...“I fully expect that in a few years it’s going to be completely obvious to everyone that open-sourcing AI is just not wise.”...
...Such contracts were the subject of a lively debate last week at the Financial Times Energy Transition summit....
...Despite the need to diversify critical mineral sourcing, the IEA found in a report published in July that critical minerals supply had actually grown in terms of concentration in the hands of fewer countries...
...Among these projects was the launch at the COP26 climate-change summit in 2021 of a cloud-based platform to help the fashion industry measure its environmental impact at the raw material stage....
...Business leaders and analysts said they did not expect Xi’s summit with Biden to fully thaw relations....
...At the FT summit Keith Crane, economist at the Science and Technology Policy Institute, noted that the value of the launch market was actually smaller last year than in 2013, thanks to lower prices....
...In a separate interview at the FT’s Investing in Space summit last month, Smith said the company — funded by Bezos to the tune of at least $1bn a year — had “hundreds of millions in revenue as well as billions...
...With relations between Washington and Beijing tense, JPMorgan last month held its Global China Summit in mainland China for the first time in years in what was seen as an attempt by the US business leaders...
...The report comes ahead of next week’s UN COP28 summit in Dubai, where the phaseout of fossil fuels will be a key tension among world leaders....
We ask the generative AI systems from OpenAI and Google to pick stocks, tell jokes and imagine the Xi-Putin summit
...“There is emotion and fear, which can drive markets in the short term,” he said on Monday on the sidelines of the FT Commodities Global Summit....
...He and Tigrane Seydoux spent two years travelling around Italy sourcing the best products. Sounds like a real hardship....
...The spotlight’s off the economics and trade policy area this week, with the big international event being the Nato summit in Vilnius....
...significant stake in the VillageMD-Summit combination....
...It is “not about China or the US”, but “about the best set-up of the supply chain and the operations”, he told the Financial Times Global Boardroom summit in December....
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