M&G Investment Management’s Maria Municchi discusses equity markets as technology shares powered gains in global stocks. “There is certainly this part of the market that is AI-focused that is continuing to be a source of good news, a source of relief for investors,” she tells Bloomberg Television. Municchi also says there is a need to start being “a little bit cautious” as earnings trends and expectations for parts of the US market outside the tech space are “not actually that great.” (Source: Bloomberg)



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India’s cabinet will consider proposals for a broad support package for exporters hit by the US tariffs, people familiar with the matter said, as the South Asian nation braces for an uncertain future with its largest export destination.



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Associated British Foods Plc gave a muted outlook for its sugar division next year, saying it expects some improvement in profitability though prices remain below previous expectations.



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