AGP Executive Report
Last update: 42 minutes agoEU Sanctions Push: EU foreign policy chief Kaja Kallas says the bloc will propose “far-reaching” new Russia listings this autumn, potentially boosting sanctioned individuals and firms by about a third. UK Tax Crackdown: HMRC urges the public to report suspicious high-street businesses as it ramps up 2026-27 interventions targeting tax fraud, money laundering and illicit goods. German Auto Shock: Germany’s automotive sector shed 42,300 jobs in the year to June, with carmakers citing weak China demand and tougher competition from Chinese brands. Heatwave Insurance Gap: Europe’s extreme heat is driving revenue losses and power disruptions that traditional business-interruption cover often misses, widening the protection gap. AI Market Mood: An ECB blog warns a correction in overhyped US tech valuations is likely, with knock-on risks for Europe’s households and pensions. Payments & Gamescom: Huawei’s AppGallery and GameCenter gear up for Gamescom, while Xsolla adds 15+ local payment methods across Europe and beyond. Energy Procurement: Uniper expands power supply options for mid-market firms and flags data-centre co-location plans. Rail Competition: Virgin Trains wins ORR approval for up to 20 daily return services through the Channel Tunnel from 2030, aiming to undercut Eurostar. Business AI Funding: Aachen’s amber raises €7m Series A to build GDPR-compliant “autonomous” business AI.
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.
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