AGP Executive Report
Last update: 11 hours agoGlobal Outlook: The IMF warned that an AI investment bust, rising debt or a prolonged Middle East conflict could hit growth and financial stability. A sharp AI pullback could cut global GDP by 1.1% by 2028. Retail Cybersecurity: Cyberattacks disrupted hundreds of French supermarkets by overheating refrigeration systems, spoiling food and sparking fires. Retail losses could reach tens of millions of euros in a day. Energy Markets: OPEC+ ministers met in Riyadh to assess oil-market stability and supply risks from maritime and logistical tensions. Food and Retail: India’s September inflation rose to 5.54%, a near two-year high driven by food prices. UK retailers, meanwhile, warned that further tax increases could push up grocery costs as shoppers already spend cautiously. Greencore: The food maker lifted its FY26 profit outlook to about £248 million after fourth-quarter revenue rose 4.5% and volumes outpaced grocery-market growth.
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