AGP Executive Report
Last update: 9 hours agoFinancial Oversight: American Express was fined $350 million over anti-money-laundering failures that left about $13 billion in suspected transactions undetected between 2014 and 2025. Regulators ordered the bank to overhaul its controls. Trade Outlook: Curaçao’s central bank warns that escalating trade tensions could cut 2026 growth to 2.3% and push inflation to 3%. India and the UK, meanwhile, are looking to double bilateral trade by 2030 under their new trade pact. Investment and Jobs: North Carolina defense contractor Corvid Technologies plans to invest $95 million in an expansion expected to add 423 jobs. Retail Pressure: Albertsons launched an operations review after quarterly sales and profits fell, withdrawing its full-year guidance. A cyberattack also forced parent company Ahold Delhaize to take supermarket websites and apps offline as it investigates. Consumer Credit: Malaysians aged 30 and under made up 37.9% of the country’s buy-now-pay-later transactions in the first half of 2026; 4% of their outstanding financing was non-performing.
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