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The International Monetary Fund (IMF) has warned that global financial markets could face greater pressure if a sharp correction in artificial intelligence (AI)-related stocks tightens global financial conditions.
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Profit at the bank during the July-September period was US$5.1 billion, up 33% from the year-ago level but down 20% from the second quarter.
Profit at the bank during the July-September period was US$5.1 billion, up 33% from the year-ago level but down 20% from the second quarter.
Again, the Bretton Woods institution said world trade volume growth is projected to slow in 2026 and stabilise in 2027, reflecting the drag from tariffs, adjustment in production chains, and continued…
The dating app's shares have fallen more than 90% since its 2021 IPO; a deal with Ithaca Holdings could come as soon as this week
Wells Fargo also fell short of revenue expectations, kicking off a bank earnings season watched for signs of consumer and business health
While Canada lost jobs on the whole in September, it was a different story in Alberta. Employment in Alberta grew by more than 23,000 in September compared to August, bucking national trends.
