AGP Executive Report
Last update: 10 hours agoTrade: Washington plans to suspend South Africa and Rwanda from duty-free U.S. access under AGOA from January 2027, raising risks for exporters and jobs. Trump and Canadian Prime Minister Mark Carney, meanwhile, signaled a U.S.-Canada trade deal is close; the UK and EU also reached a draft deal to ease food-trade checks. Corporate Deals: Merck agreed to sell its U.S. contract drug-development and manufacturing business to Lonza for a mid-three-digit-million-euro sum, with closing expected in 2027. In New Zealand, Sunergise plans to acquire Infratec to expand solar and battery-storage services. AI and Business: Ireland’s Fine Gael is considering a tax credit for companies that train staff in AI and help them move into new roles. Economic Pulse: Nigerian companies reported a ninth straight month of private-sector growth in October, though higher fuel costs drove up input and selling prices, while hiring remained muted.
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