Banking

This article is an on-site version of our Europe Express newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday and Saturday morning. Standard subscribers can upgrade to Premium here, or explore all FT newslettersGood morning. A scoop to start: Donald Trump will immediately demand peace talks between Russia and Ukraine if he wins November’s US presidential election and has already made “well-founded plans”, Hungary’s Viktor Orbán has claimed after private discussions with the Republican candidate, in a private letter seen by the Financial Times.Today, I...

Andreas Cleve has lots on his mind as chief executive of Danish healthcare start-up Corti — wooing new investors, convincing clinicians to use his company’s “AI co-pilot” and keeping up with the latest breakthroughs in generative artificial intelligence.But he fears that efforts like these will be made harder by a new concern: the EU’s new Artificial Intelligence Act, a first-of-its-kind law aimed at ensuring ethical use of the technology. Many tech start-ups are concerned that the well-intentioned legislation might end up smothering the emerging industry in red tape.The costs of...

Stay informed with free updatesSimply sign up to the EU trade myFT Digest -- delivered directly to your inbox.Brussels is using incorrect data for an initiative to ban imports from deforested land, Australia and Brazil allege, as they step up demands for the new regime to be delayed.Several countries contend that the EU could unilaterally bar imports of palm oil, leather, coffee and many other goods from areas that should be exempt when the law comes into force on December 31.“The EU’s map is not a single source of truth...