AGP Executive Report
Last update: 8 hours agoTrade & policy: EU governments cleared legislation to cut import duties on many U.S. goods, aiming to keep Trump’s tariff threat from escalating—though the deal still needs EU Parliament sign-off and safeguards are built in. AI & productivity: McKinsey says most firms are stuck in the “chat phase,” using AI but not scaling it into measurable business impact. Payments competition: PayPal’s core online checkout is getting squeezed as rivals gain share, with weak growth and profit warnings hitting the stock. Regulation & enforcement: Malaysia’s online vape ban is being sidestepped via invite-only referral platforms, while Kenya’s NEMA issued improvement notices to Nairobi firms over toxic waste and missing permits. Business risk: South Africa warns qualification fraud is rising, and New Zealand insolvencies eased in Q1 but risks persist. Deals & expansion: Elbit’s unit FUSE bought an AI autonomy company, and Russia ratified an Indonesia–EAEU free trade agreement to expand regional trade.
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.