AGP Executive Report
Last update: 9 hours agoRetail Deal: KMD Brands, owner of Kathmandu, Rip Curl and Oboz, has granted US consumer brand group Bluestar Alliance exclusive time to conduct takeover due diligence, with talks subject to a Dec. 23 deadline. Small-Business Finance: Maldives’ Bank of Maldives will let small firms accept overseas card payments in US dollars; a separate government scheme allows businesses to offset overdue state payments against tax bills. Textile Costs: Cotton prices continue to fall in Pakistan, but poor local fibre quality, costly imports, high interest rates and rising energy bills are squeezing textile spinners. Payment Disruption: Eftpos outages hit South Island businesses, supermarkets and pharmacies, with Paymark investigating connectivity problems affecting Spark users. Solar Investment: Nigerian industry experts say bankable projects, reliable equipment and local technical support are key to attracting financing and sustaining solar-market growth. Market Volatility: Investors are buying protection against losses as an AI-linked tech selloff wipes more than $1 trillion from market value.
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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