AI set to transform global trade, says World Trade Organization report

By Olivia Le Poidevin GENEVA (Reuters) – Artificial intelligence could boost the value of trade in goods and services by nearly 40% by 2040, but without adequate policies it could also exacerbate economic divides, a new World Trade Organization report warned on Wednesday. Lower trade costs and enhanced productivity could drive substantial increases in trade …

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Japan’s JERA in advanced talks to buy $1.7 billion of US shale gas assets, sources say

(Corrects to show that Japan, not JERA, hired Wood Mackenzie to assess Alaska LNG project in paragraph 10) By Shariq Khan and David French NEW YORK (Reuters) – Japan’s top power generator JERA is in advanced talks to buy natural gas production assets in the U.S. for around $1.7 billion, people familiar with the matter …

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Un año después, los libaneses mutilados en los ataques de Israel enfrentan una larga recuperación

Por Laila Bassam y Emilie Madi BEIRUT, 17 sep (Reuters) – Zainab Mustarah dirigía una empresa de organización de eventos en Beirut. Pero lleva un año entrando y saliendo del quirófano para salvar lo que queda de su mano derecha y sus dos ojos, mutilados cuando Israel detonó en Líbano unos localizadores con trampas explosivas. …

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Lilly sees obesity drug leadership beyond US as it leans on consumer-focused strategy

By Maggie Fick and Mrinalika Roy VIENNA (Reuters) -Eli Lilly has established itself as the market leader in obesity drugs in Europe, Asia and the Middle East and expects to replicate its U.S. dominance globally, the company’s international president told Reuters on Wednesday. Patrik Jonsson said that the drugmaker is applying a consumer-focused commercial strategy …

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Indonesia court finds no procedural flaws with law expanding military’s role

By Ananda Teresia JAKARTA (Reuters) – An Indonesian court ruled on Wednesday that parliament had followed proper process in passing contentious revisions to the country’s military law, rejecting legal challenges to legislation that had sparked protests and condemnation. The Constitutional Court judges ruled 5-4 in favour of rejecting a petition that said the amendments were …

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BlueFive Capital to raise $1 billion private equity fund for Asia investments by Q4

By Jun Yuan Yong SINGAPORE (Reuters) -Investment firm BlueFive Capital will announce the close of a new $1 billion fund focused on private equity investments in Asia by the fourth quarter of 2025, its chief executive Hazem Ben-Gacem said on Wednesday. The Abu Dhabi firm is raising funds from Middle Eastern family offices which are …

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Commerzbank CEO sees likely revenue hit in ‘unfriendly’ UniCredit deal

FRANKFURT (Reuters) – Commerzbank CEO Bettina Orlopp on Wednesday labelled UniCredit’s approach for a potential merger as “unfriendly” and said that any deal would likely hurt revenue. Orlopp also said a focus on cutting costs under any deal would not be easy or free of risk. The comments underscore the scepticism by the German lender …

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South African inflation surprise makes Thursday’s rate decision a close call

By Sfundo Parakozov and Anathi Madubela JOHANNESBURG (Reuters) – South African inflation unexpectedly slowed in August thanks to softer fuel and food prices, with some analysts saying the central bank might now decide to cut interest rates on Thursday. Headline consumer inflation fell to 3.3% year-on-year from 3.5% in July, lower than the 3.6% forecast …

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