AGP Executive Report
Last update: 11 hours agoUK Growth: Britain’s economy expanded 0.7% in the third quarter, its fastest pace in more than two years, led by services and computer programming, with AI-related businesses helping; construction slipped. Markets: Europe’s STOXX 600 hit a record as strong earnings and easing geopolitical tensions lifted investor sentiment. Industrial Tensions: Germany’s IG Metall called a 24-hour strike in a pay dispute affecting 3.7 million workers, including at Audi and Mercedes-Benz. Spain’s first nationwide general strike in 14 years brought millions out over housing costs and wages, disrupting transport and public services. Company Results: ProSiebenSat.1’s revenue fell 11% in the first nine months amid weak advertising, while Telefónica Germany reported lower Q3 revenue and adjusted earnings. Energy Cooperation: France is seeking closer ties with Greece on energy supplies, including refined petroleum products, and investment in renewables, storage and grids. UK-EU Trade: Britain says it will pursue agreements that deliver net benefits for businesses and consumers, including reducing food and farming red tape.
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