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WTO upgrades goods trade forecast as AI boom offsets Middle East disruption

WTO upgrades goods trade forecast as AI boom offsets Middle East disruption

By Olivia Le Poidevin GENEVA, Oct 8 (Reuters) - The World Trade Organization upgraded its forecast for global merchandise trade growth on Thursday, saying demand for AI-related products had helped offset the impact of disruptions caused by the US-Israeli war with Iran.
AP NewsAP News
WTO raises merchandise trade growth forecast to 3.9% as AI boom offsets hit from Middle East

WTO raises merchandise trade growth forecast to 3.9% as AI boom offsets hit from Middle East

The World Trade Organization is sharply increasing its forecast for global merchandise trade growth this year to 3.9%
ReutersReuters
World economic growth to slow to 2.6% in 2026, UN trade body says

World economic growth to slow to 2.6% in 2026, UN trade body says

Oct 9 (Reuters) - Global economic growth will likely slow to 2.6% in 2026, down from 2.9% last year, as the energy shock from the crisis in the Middle East is putting the global economy to the test, the United Nations agency for trade and development said on Friday.
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TSMC Reports Over 50% September Sales Surge Driven by AI Chip Demand

TSMC Reports Over 50% September Sales Surge Driven by AI Chip Demand

TSMC Reports Over 50% September Sales Surge Driven by AI Chip Demand
AP NewsAP News
Rising oil prices, falling technology stocks and reversing bond yields shake Wall Street

Rising oil prices, falling technology stocks and reversing bond yields shake Wall Street

Some sharp reversals are keeping financial markets unsteady, as oil prices rise and U.S. stock indexes swing
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Bank of Japan Upgrades Economic Assessment for Two Regions Amid Strong AI Demand

Bank of Japan Upgrades Economic Assessment for Two Regions Amid Strong AI Demand

Bank of Japan Upgrades Economic Assessment for Two Regions Amid Strong AI Demand
TheStreetTheStreet
AMD CEO delivers stark warning on chip market’s future

AMD CEO delivers stark warning on chip market’s future

AMD CEO plans to substantially increase supply in 2027 after meetings with TSMC and suppliers in Taiwan.
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Wood Mackenzie Analysis Reveals Battery Storage Cheaper Than Gas Peakers Globally

Wood Mackenzie Analysis Reveals Battery Storage Cheaper Than Gas Peakers Globally

Wood Mackenzie Analysis Reveals Battery Storage Cheaper Than Gas Peakers Globally
AP NewsAP News
Rising oil prices, falling technology stocks and reversing bond yields keep Wall Street unsettled

Rising oil prices, falling technology stocks and reversing bond yields keep Wall Street unsettled

Some sharp reversals kept financial markets unsteady, as oil prices rose and U.S. stock indexes swung
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World Bank Reports Slower Growth in Europe and Central Asia Amid Global Headwinds

World Bank Reports Slower Growth in Europe and Central Asia Amid Global Headwinds

World Bank Reports Slower Growth in Europe and Central Asia Amid Global Headwinds
ReutersReuters
Trading Day: Running with the bulls

Trading Day: Running with the bulls

By Jamie McGeever ORLANDO, Florida, Oct 6 (Reuters) - The S&P 500 and Nasdaq hit record highs on Tuesday as a pause in the bond market sell-off and steady oil prices paved the way for a tech- and AI-led wave of buying, with investors entering the third-quarter earnings season with a great sense of
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Global Economic Growth Persists Amidst Widening Risks from Energy Prices and Fiscal Deficits

Global Economic Growth Persists Amidst Widening Risks from Energy Prices and Fiscal Deficits

Global Economic Growth Persists Amidst Widening Risks from Energy Prices and Fiscal Deficits