Press Digest: Financial Times - September 1
PRESS DIGEST-Financial Times - September 1 Sept 1 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
Headlines
- Elliott builds stake in French industrial gas group Air Liquide
- ChatGPT faces tougher rules under EU online safety regime
- Swiss lawmakers call for softer banking regulation in victory for UBS
- UK offers homegrown AI start-ups £100 million to improve public services
Overview
- Elliott Management has built a stake in French industrial gas group Air Liquide AIRP.PA, setting the stage for the activist hedge fund’s latest campaign targeting a European corporate giant.
- OpenAI's ChatGPT will have to comply with tougher EU rules such as removing illegal content or face potential fines, the European Commission said on Monday, as Brussels grapples with how its existing digital regulation applies to rapidly evolving AI services.
- UBS UBSG.S has won a significant victory in its battle with the Swiss government after influential lawmakers backed a major watering-down of the bank’s proposed new capital requirements.
- The UK government has launched a £100 million ($135.40 million)competition for domestic start-up AI companies to improve the delivery of health and other public services.
($1 = 0.7386 pounds)
(Compiled by Bengaluru newsroom)
Recent news on Air Liquide
See all newsEurope Research Roundup: ACS, Catena, NKT
Brief: Elliott Says Look Forward To Continued Constructive Dialogue With Air Liquide
Air Liquide up after mid-term margin target beat expectations, €4 bln buyback
Air Liquide eyes investor returns and margin gains, but retains scope for major deal (updated)
Brief: Air Liquide Eyes €4 Bln Share Buyback Program Over 2027-2028 Period