AGP Executive Report
Last update: 3 hours agoEarnings: Argenx reported third-quarter product sales of $1.7 billion, up 54% from a year earlier, as its VYVGART drug continued to drive growth. Corporate Moves: Prudential plans to sell its Brazil and Mexico businesses for $4.025 billion, while Carlsberg is preparing an India IPO of up to $700 million. Trade: Australia-Papua New Guinea trade has topped A$10 billion, up 30% from 2024, with Australian investment in PNG valued at A$28 billion. US and Indian officials say a trade deal is close, while German Chancellor Friedrich Merz urged the EU to protect industries without triggering a trade war. Business Climate: Kenyan CEOs say levies, compliance costs and expensive credit are holding back expansion and jobs. In Indonesia, investors warned that AI startups need sound business models, not just easy-to-build apps, to survive competition.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.