European shares traded subdued as technology stocks slid on concerns over the pace of artificial intelligence development, while a sharp rise in oil prices weighed on risk appetite. Investors also turned their attention to the US Federal Reserves policy decision, with markets increasingly pricing in a 25-basis-point rate hike this week.

European shares traded subdued as technology stocks slid on concerns over the pace of artificial intelligence development, while a sharp rise in oil prices weighed on risk…

(Bloomberg) -- Equities fell around the world after leaders of the biggest artificial-intelligence firms proposed slowing the technology’s development, while an advance in oil…