AGP Executive Report
Last update: 9 hours agoCorporate Expansion: Salesforce will buy defense-tech firm Rune Technologies for its Missionforce unit, which supplies the U.S. military; Salesforce says the business is growing 80% year over year. Banking: First Abu Dhabi Bank’s third-quarter profit rose 6% to 5.73 billion dirhams, supported by stronger interest and fee income. U.S. Economy: Growth reached a 3.4% annual pace in the third quarter, beating forecasts as consumer spending and business investment increased. Small Business Finance: Seattle set qualifying small-business loans at a fixed 4% rate and added principal-reduction grants of up to $30,000. Hiring: A survey of 102 U.S. companies found more than eight in 10 are not adding new roles, citing uncertain demand and work now handled by AI. Malaysia’s Growth Agenda: Prime Minister Anwar urged Bursa Malaysia to help more mid-sized firms expand and list, creating jobs and regional champions.
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