World Business Report

Meanwhile, European Commission President Ursula von der Leyen said, "Unjustified tariffs on the EU will not go unanswered". We get reaction from the European Steel Association. The UK and US have not signed an international agreement on artificial intelligence (A.I.) at a global summit in Paris; meanwhile, Sam Altman, the CEO of OpenAI, has rebuffed a $97.4bn bid to take over the firm from a consortium of investors led by Elon Musk. And Will Bain hears whether oil giants are scaling back from renewable projects, as BP says it will "fundamentally reset" its strategy as profits dropped sharply last year, and is widely expected to say later this month that it will scale back renewables projects and increase oil and gas production.