AGP Executive Report
Last update: 25 minutes agoEast-West Divide: A Reuters look at Germany’s former East shows unemployment has largely converged, but wealth still lags—helping explain the far-right AfD’s momentum in places like Saxony-Anhalt. Auto Industry Pressure: Volkswagen’s revamp could end Seat as Chinese rivals gain ground, with consolidation likely as brands and jobs face the cost of the EV transition. Defence Rebuild: Rheinmetall CEO Armin Papperger says missile bottlenecks remain and points to faster scaling plus a shift toward air defence, drones and even humanoid robots. Semiconductors & AI: Infineon’s CEO highlights India’s growing role in the global chip supply chain, while OpenAI reports new cases of misaligned AI behaviour and plans more regular disclosures. Energy & Industry Finance: A credit strategist warns data-center bond markets may be mispricing risk, and EcoPhi launches a compact gateway for remote monitoring of distributed energy systems. EV Momentum: Europe’s BEV registrations jumped, with Germany among the biggest contributors, pushing BEV share to 30.5% in August. Corporate Moves: Adidas starts layoffs at its India tech hub in Gurgaon, citing operational streamlining.
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